DISABLED AMERICAN VETERANS DEPARTMENT OF NORTH CAROLINA

EIN: 566061261

RALEIGH, NC

Total Revenue
$446,432
Total Expenses
$447,090
Total Assets
$1,534,935
Net Assets
$1,486,155
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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
1920
Legal Domicile
NC
Principal Officer
JANICE WEATHERS
Phone
9198335567
Tax Period
2024-07-01 to 2025-06-30

DISABLED AMERICAN VETERANS DEPARTMENT OF NORTH CAROLINA, founded in 1920, is a small nonprofit that reported $446K in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. Net assets of $1.5M represent 40 months of operating reserves.

Mission

SINCE ITS FOUNDING MORE THAN 90 YEARS AGO, THE DISABLED AMERICAN VETERANS DAV HAS BEEN DEDICATED TO A SINGLE PURPOSE. BUILDING BETTER LIVES FOR AMERICAS DISABLED VETERANS AND THEIR FAMILIES. FIDELITY TO THAT MISSION HAS REQUIRED DAV TO RESPOND CREATIVELY AND FLEXIBLY TO CHANGING AND SOMETIMES UNPREDICTABLE CHALLENGES FACED BY ITS CONSTITUENCY. WHETHER DISABLED VETERANS HAVE NEEDED A VOICE ON CAPITAL HILL, A NATIONWIDE SERVICE PROGRAM, A TRANSPORTATION NETWORK OR UNIQUE REHABILITION OPPORTUNITIES, DAV HAS FOCUSED ITS ATTENTION AND RESOURCES TO MEET THOSE NEEDS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $372,104
Program Service Revenue $63,058
Investment Income $11,270
Other Revenue $0
TOTAL REVENUE $446,432

Expense Breakdown

Grants Paid $39,482
Salaries & Benefits $116,550
Fundraising Expenses $0
Program Expenses $179,891
Other Expenses $291,058
TOTAL EXPENSES $447,090

Year-over-Year Comparison

2024 2023 Change
Revenue $446,432 $321,159 +0.4%
Expenses $447,090 $487,024 -0.1%
Net Income $-658 $-165,865 -1.0%
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
10
Independent Members
10
Employees
4
Volunteers
N/A

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
9
$0
Total Directors
10
$46,077
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JANICE WEATHERS Chairman 40.00
Director
$46,077 $0 $46,077
LORNA KELLY Treasurer 10.00
Officer Director
$0 $0 $0
WILLIAM TATE Trustee 5.00
Officer Director
$0 $0 $0
JAMES HUNTER Trustee 5.00
Officer Director
$0 $0 $0
ANTHONY QUINN Trustee 5.00
Officer Director
$0 $0 $0
DONALD SCHENCK Trustee 5.00
Officer Director
$0 $0 $0
Randall Cox Trustee 5.00
Officer Director
$0 $0 $0
DAVID CORBETT Trustee 5.00
Officer Director
$0 $0 $0
Stephens Hodgist Trustee 5.00
Officer Director
$0 $0 $0
Ricky Dean Trustee 5.00
Officer 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
2025 $446,432 $447,090 $1,534,935 $-658
2024 $321,159 $487,024 $1,529,511 $-165,865
2023 $261,735 $314,104 $1,671,224 $-52,369
2022 $226,594 $235,240 $1,718,414 $-8,646
2021 $248,616 $221,449 $1,738,985 $27,167
2020 $231,096 $330,546 $1,698,434 $-99,450
2019 $1,183,902 $372,313 $1,801,745 $811,589
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