NORTH CAROLINA NEUROLOGICAL SOCIETY

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

ASHLEY NEWTON

Phone

9198333836

Tax Period

2023-01-01 to 2023-12-31

NORTH CAROLINA NEUROLOGICAL SOCIETY, founded in 2002, is a small nonprofit in the Diseases & Disorders sector that reported $304K in total revenue in fiscal year 2023. The organization ran a surplus of $128K, a strong 42% operating margin.

Mission

NONE

Program Service Accomplishments

Program 1

Expenses: $109,721 Revenue: $273,150

THE SOCIETY'S ANNUAL MEETING PROMOTES NEW DEVELOPMENTS AND BEST PRACTICES IN THE CARE AND RESEARCH OF NEUROLOGICAL DISEASES AND RELATED DISORDERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $11,875

Program Service Revenue $273,150

Investment Income $18,762

Other Revenue $0

TOTAL REVENUE $303,787

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,122

Fundraising Expenses $0

Program Expenses $109,721

Other Expenses $164,830

TOTAL EXPENSES $175,952

Year-over-Year Comparison

	2023	2022	Change
Revenue	$303,787	$283,392	+0.1%
Expenses	$175,952	$171,681	+0.0%
Net Income	$127,835	$111,711	+0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$11,122

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROY E STROWD III MD MED	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
DONNA GRAVES MD	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHN SCAGNELLI MD	PRESIDENT-ELECT	1.00	Officer Director	$0	$0	$0
ANA FELIX MD	SECRETARY - TREASURER	1.00	Officer Director	$0	$0	$0
ROBERT A YAPUNDICH MD	ANNUAL MEETING CHAIR	1.00	Director	$0	$0	$0
W ALAN SKIPPER	SR. EXECUTIVE DIRECTOR	2.00	Officer	$5,985	$0	$5,985
ASHLEY NEWTON	EXECUTIVE DIRECTOR	3.00	Officer	$5,137	$0	$5,137

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$303,787	$175,952	$693,551	$127,835
2022	$283,392	$171,681	$543,283	$111,711