NORTH CAROLINA NEUROLOGICAL SOCIETY

EIN: 562106149 Diseases & Disorders

RALEIGH, NC

Total Revenue
$303,787
Total Expenses
$175,952
Total Assets
$693,551
Net Assets
$693,551
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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
NC
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

THE MISSION OF THE NORTH CAROLINA NEUROLOGICAL SOCIETY IS TO STIMULATE AND FOSTER IMPROVEMENT IN THE QUALITY OF ALL ASPECTS OF THE HEALTH CARE OF PATIENTS WITH DISORDERS OF THE NERVOUS SYSTEM, TO PROMOTE ACCESS TO NEUROLOGISTS FOR THESE PATIENTS, TO ENCOURAGE THE ASSOCIATION OF PROFESSIONAL NEUROLOGISTS AND NEUROLOGICAL ASSOCIATES, TO ADVANCE THE PRACTICE OF NEUROLOGY IN THE STATE OF NORTH CAROLINA, TO PROMOTE CONTINUING NEUROLOGICAL EDUCATION, AND TO AID IN THE ADVANCEMENT OF SCIENTIFIC AND CLINICAL TECHNIQUES AND RESEARCH IN NEUROLOGICAL MEDICINE.

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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%)

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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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
7

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
6
$11,122
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
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
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