RONALD MCDONALD HOUSE CHARITIES OF THE CAROLINAS INC

EIN: 570844123 501(c)(3)

GREENVILLE, SC

Total Revenue
$1,115,653
Total Expenses
$1,239,331
Total Assets
$7,927,885
Net Assets
$7,844,601
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
SC
Phone
8642350506
Tax Period
2023-01-01 to 2023-12-31

RONALD MCDONALD HOUSE CHARITIES OF THE CAROLINAS INC, founded in 1987, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $1.2M exceeded revenue, resulting in a 11% operating deficit.

Mission

Provide support for children in need.

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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 (2023)

Revenue Breakdown

Contributions & Grants $777,399
Program Service Revenue $14,665
Investment Income $72,947
Other Revenue $250,642
TOTAL REVENUE $1,115,653

Expense Breakdown

Grants Paid $0
Salaries & Benefits $550,096
Fundraising Expenses $146,726
Program Expenses $936,993
Other Expenses $610,845
TOTAL EXPENSES $1,239,331

Year-over-Year Comparison

2023 2022 Change
Revenue $1,115,653 $1,028,946 +0.1%
Expenses $1,239,331 $1,177,285 +0.1%
Net Income $-123,678 $-148,339 -0.2%
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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Governance

Voting Members
19
Independent Members
19
Employees
12
Volunteers
2200

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
7
$112,139
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Chair 1.0
Officer Director
$0 $0 $0
N/A Co-Chair 1.0
Officer Director
$0 $0 $0
N/A Board Governance 1.0
Officer Director
$0 $0 $0
N/A Treasurer 1.0
Officer Director
$0 $0 $0
N/A Past Chair 1.0
Officer Director
$0 $0 $0
N/A Secretary 1.0
Officer Director
$0 $0 $0
N/A Board member 1.0
Director
$0 $0 $0
N/A Board member 1.0
Director
$0 $0 $0
N/A Board member 1.0
Director
$0 $0 $0
N/A Board member 1.0
Director
$0 $0 $0
N/A Board member 1.0
Director
$0 $0 $0
N/A Board member 1.0
Director
$0 $0 $0
N/A Board member 1.0
Director
$0 $0 $0
N/A Board member 1.0
Director
$0 $0 $0
N/A Board member 1.0
Director
$0 $0 $0
N/A Board member 1.0
Director
$0 $0 $0
N/A Board member 1.0
Director
$0 $0 $0
N/A Board member 1.0
Director
$0 $0 $0
N/A Board member 1.0
Director
$0 $0 $0
N/A CEO 40.0
Officer
$112,139 $0 $112,139
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 $1,115,653 $1,239,331 $7,927,885 $-123,678
2022 $1,028,946 $1,177,285 $7,771,482 $-148,339
2021 $1,414,169 $1,090,151 $8,330,949 $324,018
2020 $986,436 $953,064 $7,835,886 $33,372
2019 $1,146,662 $1,013,976 $7,494,576 $132,686
2018 $1,519,634 $1,006,692 $7,079,059 $512,942
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