A Better World Charlotte (EIN 562238007) - 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

2001

Legal Domicile

Principal Officer

Ken Gilliard

Phone

7043983244

Tax Period

2023-01-01 to 2023-12-31

A Better World Charlotte, founded in 2001, is a small nonprofit in the Recreation & Sports sector that reported $459K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year.

Mission

Service inner-city families

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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 $327,903

Program Service Revenue $49,215

Investment Income $-3,800

Other Revenue $85,513

TOTAL REVENUE $458,831

Expense Breakdown

Grants Paid $0

Salaries & Benefits $303,176

Fundraising Expenses $17,009

Program Expenses $463,621

Other Expenses $200,266

TOTAL EXPENSES $503,442

Year-over-Year Comparison

	2023	2022	Change
Revenue	$458,831	$528,205	-0.1%
Expenses	$503,442	$472,882	+0.1%
Net Income	$-44,611	$55,323	-1.8%

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

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

$147,000

Total Directors

$36,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Taylor Justice	Executive Dir.	40.00	Officer	$70,000	$17,000	$87,000
Sandy McCaslan	Treasurer	1.00	Officer Director	$36,000	$0	$36,000
Kenneth Gilliard	Founder	15.00	Officer	$24,000	$0	$24,000
Bill Lippincott	Director	1.00	Director	$0	$0	$0
Cathy Purvis	Director	1.00	Director	$0	$0	$0
Carl Fochler	Director	1.00	Officer Director	$0	$0	$0
Wendy Smolen	Secretary	1.00	Officer Director	$0	$0	$0
Craig Miller	Vice Chair	1.00	Director	$0	$0	$0
Yvette Parsons	Director	1.00	Director	$0	$0	$0
Dean Purvis	Director	1.00	Director	$0	$0	$0
Bill Hester	Director	1.00	Director	$0	$0	$0
Daniel Anagho	Director	1.00	Director	$0	$0	$0
Daniel McGee	Director	1.00	Director	$0	$0	$0
Kyle Capossela	Director	1.00	Director	$0	$0	$0
Gavin Shuck	Chair	1.00	Officer Director	$0	$0	$0
Kim Deaton	Director	1.00	Director	$0	$0	$0
Rod Howze	Director	1.00	Director	$0	$0	$0
Laura Swisher	Director	1.00	Director	$0	$0	$0
David Willingham	Director	1.00	Director	$0	$0	$0

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	$458,831	$503,442	$390,052	$-44,611
2022	$528,205	$472,882	$438,663	$55,323
2021	$461,393	$365,858	$370,548	$95,535
2020	$489,519	$361,967	$275,013	$127,552
2019	$425,609	$351,759	$147,461	$73,850
2018	$373,002	$347,948	$69,382	$25,054

A Better World Charlotte