NC ASSOCIATION OF ABC BOARDS

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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

1960

Legal Domicile

Principal Officer

NANCY GOOCH

Phone

9197797516

Tax Period

2024-07-01 to 2025-06-30

NC ASSOCIATION OF ABC BOARDS, founded in 1960, is a small nonprofit that reported $664K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $153K, a strong 23% operating margin.

Mission

TO PROMOTE THE MAINTENANCE AND ADMINISTRATION OF AN EFFICIENT SYSTEM OF CONTROL OVER THE SALE OF CERTAIN ALCOHOLIC BEVERAGES.

Program Service Accomplishments

Program 1

TO ENSURE THE PUBLIC IS WELL INFORMED ON SOCIETAL ISSUES RELATED TO CONSUMPTION OF ALCOHOLIC BEVERAGES, AS WELL AS SUPPORT EFFORTS TO ADDRESS PRIVATIZATION ISSUES AND STRENGTHEN RELATIONSHIPS WITH...

TO ENSURE THE PUBLIC IS WELL INFORMED ON SOCIETAL ISSUES RELATED TO CONSUMPTION OF ALCOHOLIC BEVERAGES, AS WELL AS SUPPORT EFFORTS TO ADDRESS PRIVATIZATION ISSUES AND STRENGTHEN RELATIONSHIPS WITH ORGANIZATIONS WHOSE ACTIONS IMPACT POLICIES. IN CONNECTION WITH ACHIEVING THIS, FORUM OPPORTUNITIES ARE GIVEN TO ADDRESS THESE ISSUES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $503,855

Investment Income $26,854

Other Revenue $133,685

TOTAL REVENUE $664,394

Expense Breakdown

Grants Paid $750

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $510,334

TOTAL EXPENSES $511,084

Year-over-Year Comparison

	2024	2023	Change
Revenue	$664,394	$605,791	+0.1%
Expenses	$511,084	$441,509	+0.2%
Net Income	$153,310	$164,282	-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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LUCIUS JONES	DIRECTOR	1.00	Director	$0	$0	$0
LARRY GRAHAM	DIRECTOR	1.00	Director	$0	$0	$0
MILES DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE ROKES	DIRECTOR	1.00	Director	$0	$0	$0
ASHLEY TILLERY	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
HAYWOOD COSTON	DIRECTOR	1.00	Director	$0	$0	$0
CONNIE SMITH	DIRECTOR	1.00	Director	$0	$0	$0
ROBIN CAPE	DIRECTOR	1.00	Director	$0	$0	$0
NANCY GOOCH	PRESIDENT	1.00	Officer Director	$0	$0	$0
PAUL FARRIS	TREASURER	1.00	Officer Director	$0	$0	$0
DIANE FIELDS	DIRECTOR	1.00	Director	$0	$0	$0
BEVERLY THORPE	DIRECTOR	1.00	Director	$0	$0	$0
JUDSON WILLIAMSON	DIRECTOR	1.00	Director	$0	$0	$0
DON LEBKES	DIRECTOR	1.00	Director	$0	$0	$0
JC COLE	DIRECTOR	1.00	Director	$0	$0	$0
BRANTLEY UZZELL	IMMEDIATE PAST PRESIDENT	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
2025	$664,394	$511,084	$1,318,253	$153,310
2024	$605,791	$441,509	$1,203,566	$164,282
2023	$446,816	$341,556	$966,985	$105,260
2022	$377,175	$290,138	$865,787	$87,037
2021	$240,320	$139,185	$707,990	$101,135
2020	$374,012	$276,342	$533,058	$97,670
2019	$306,763	$250,389	$463,548	$56,374