NORTH CAROLINA CHAPTER OF THE APPRAISAL INSTITUTE (EIN 566063067) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Phone

3123354100

Tax Period

2022-01-01 to 2022-12-31

NORTH CAROLINA CHAPTER OF THE APPRAISAL INSTITUTE, founded in 1991, is a small nonprofit that reported $218K in total revenue in fiscal year 2022. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $55K, a strong 25% operating margin.

Mission

To empower valuation professionals through community credentialing education body of knowledge and ethical standards.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $4,086

Program Service Revenue $210,397

Investment Income $3,722

Other Revenue $0

TOTAL REVENUE $218,205

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $163,594

TOTAL EXPENSES $163,594

Year-over-Year Comparison

	2022	2021	Change
Revenue	$218,205	$173,738	+0.3%
Expenses	$163,594	$107,019	+0.5%
Net Income	$54,611	$66,719	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
Vanessa Hall MAI	President	5.00	Officer Director	$0	$0	$0
Mike Elwell MAI SRA	Vice President	5.00	Officer Director	$0	$0	$0
Kelli Mayhew MAI SRA	Treasurer	5.00	Officer Director	$0	$0	$0
Craig Julian SRA AI-RRS ASA IFA	Secretary	5.00	Officer Director	$0	$0	$0
James Lynch MAI	President Elect	5.00	Officer Director	$0	$0	$0
Brian Crowder MAI SRA	Director	2.00	Director	$0	$0	$0
Erica Butler	Director	2.00	Director	$0	$0	$0
Miles Hamrick SR MAI AI-GRS	Director	2.00	Director	$0	$0	$0
Richard Earley MAI	Director	2.00	Director	$0	$0	$0
David Ivey AI-GRS	Director	2.00	Director	$0	$0	$0
Greyson Morgan MAI	Director	2.00	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
2022	$218,205	$163,594	$354,243	$54,611

NORTH CAROLINA CHAPTER OF THE APPRAISAL INSTITUTE