CHARLOTTE REGIONAL BUSINESS ALLIANCE FOUNDATION (EIN 562227354) - Form 990 Financial Analysis & Trantor Score

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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

2000

Legal Domicile

Principal Officer

NATHANIEL HOGAN

Phone

7043781324

Tax Period

2023-01-01 to 2023-12-31

CHARLOTTE REGIONAL BUSINESS ALLIANCE FOUNDATION, founded in 2000, is a community nonprofit in the Community Improvement sector that reported $1.7M in total revenue in fiscal year 2023. Revenue surged 175% from the prior year, signaling strong growth momentum. The organization ran a surplus of $352K, a strong 20% operating margin.

Mission

TO CATALYZE TRANSFORMATIVE GROWTH IN THE CHARLOTTE REGION WHERE DYNAMIC (CONT'D ON PAGE 2)

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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 $1,735,664

Program Service Revenue $0

Investment Income $10,013

Other Revenue $0

TOTAL REVENUE $1,745,677

Expense Breakdown

Grants Paid $0

Salaries & Benefits $596,617

Fundraising Expenses $72,323

Program Expenses $1,279,012

Other Expenses $797,512

TOTAL EXPENSES $1,394,129

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,745,677	$635,840	+1.7%
Expenses	$1,394,129	$415,119	+2.4%
Net Income	$351,548	$220,721	+0.6%

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

$718,843

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRISTERPHER SMITH	DIRECTOR	1.00	Director	$0	$0	$0
BRYAN DELANEY	DIRECTOR	1.00	Director	$0	$0	$0
DAVID HEAD	DIRECTOR	1.00	Director	$0	$0	$0
REGINALD HENDERSON	DIRECTOR	1.00	Director	$0	$0	$0
ALICE DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
CHERYL RICHARDS	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER MOXLEY	CHAIRMAN	1.00	Officer Director	$0	$0	$0
NESHA PAI	TREASURER	1.00	Officer Director	$0	$0	$0
JACK SANTANIELLO	SECRETARY	1.00	Officer Director	$0	$0	$0
JANET LABAR	DIRECTOR, EX-OFFICIO, THRU 2.23	1.00	Officer	$0	$30,459	$514,269
NATHANIEL HOGAN	PRESIDENT,CLT ALLIANCE FDTN BEG 2.23	40.00	Officer	$0	$14,863	$204,574
TYWANDA BOLTON	DIRECTOR OF SMALL BUSINESS & ENTREPRENEURSHIP	40.00	Highest	$0	$11,174	$113,008

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	$1,745,677	$1,394,129	$1,176,093	$351,548
2022	$635,840	$415,119	$1,005,207	$220,721
2021	$302,692	$113,421	$444,959	$189,271
2020	$146,022	$77,176	$260,564	$68,846
2019	$301,567	$122,389	$181,681	$179,178

CHARLOTTE REGIONAL BUSINESS ALLIANCE FOUNDATION