Charlotte, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Apparo Solutions Inc, founded in 2002, is a community nonprofit in the Community Improvement sector that reported $1.9M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $2.2M exceeded revenue, resulting in a 15% operating deficit.
Provide technology guidance, advice, education and assistance through community connections and on-staff skills to nonprofit organizations.
Education programs:Apparo has many programs created around educating and providing knowledge in technology to the nonprofit community. Cohorts provide mentor one-on-one coaching aligned to key...
Education programs:Apparo has many programs created around educating and providing knowledge in technology to the nonprofit community. Cohorts provide mentor one-on-one coaching aligned to key infrastructure topics ranging from Google and Microsoft Office suites, cyber security, Digital marketing curation to Data Management processes and analytics approaches to many other technology related topics over an 8 week program that focuses on 4 of these key topics. Other education programs include training for individual nonprofit teams on key skills and tools as well as collaborative cohorts around shared topics like Social Media strategy, website maintenance and more. These educational offerings improve nonprofit operating efficiencies and risk management, while engaging skilled volunteers in a way that builds talent retention and morale while expanding their higher-level skills like out-of-the-box-thinking, collaboration and leadership.
Community Impact Projects: Apparo facilitates Community Impact Projects (skilled-volunteers engagements) to provide technology solutions that enable area nonprofits to operate more efficiently...
Community Impact Projects: Apparo facilitates Community Impact Projects (skilled-volunteers engagements) to provide technology solutions that enable area nonprofits to operate more efficiently, generate more revenue, reduce operating risk and/or reach more constituents. We operate as the communitys nonprofit Chief Information Officer (CIO), identifying nonprofit technology and business process needs and resourcing IT skilled-volunteers and financial resources to create the needed solutions. Apparo staff scopes and facilitates nonprofit/corporate partner consulting projects that are 2-6 months long. Apparo ensures that the nonprofit solution implemented is sustainable, achieving 96% sustainability of the solutions once the volunteer teams complete their engagement. Apparo facilitates the provision of the IT solutions to the nonprofit community which generates a cost benefit ratio anywhere between 300% and 1000%.
Tech Therapy (Technical Advice, Guidance, Resources): Nonprofits want and need technology resources and stronger business processes, but do not have the skills, budget or resources to do so alone...
Tech Therapy (Technical Advice, Guidance, Resources): Nonprofits want and need technology resources and stronger business processes, but do not have the skills, budget or resources to do so alone. Apparos team provides technical advice & guidance, resources, and education at no to very low cost to nearly 900 across the greater Charlotte area as well as the Triangle area of NC and the greater Atlanta market place. Our team of nonprofit & technology experts meet with area nonprofits to discuss their technology and business process needs at no cost to the nonprofit. We move nonprofits forward through technology advice, counsel and solutions that amplify their ability to deliver their missions.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,909,539 | $1,686,074 | +0.1% |
| Expenses | $2,202,868 | $1,860,562 | +0.2% |
| Net Income | $-293,329 | $-174,488 | +0.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Kim Lanphear | CEO | 40.00 |
Officer
|
$139,818 | $0 | $139,818 |
| Lavonne Mclean | COO | 40.00 |
|
$102,360 | $0 | $102,360 |
| Stephanie Mckee | Chief Technology | 40.00 |
|
$101,615 | $0 | $101,615 |
| Stacey Woods | Director | 0.25 |
Director
|
$0 | $0 | $0 |
| Tom Ellis | Director | 0.25 |
Director
|
$0 | $0 | $0 |
| Donna Dunlap | Director | 0.25 |
Director
|
$0 | $0 | $0 |
| Paul Stein | Treasurer | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| John Pressley | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Sree Ratnashinghe | Director | 0.25 |
Director
|
$0 | $0 | $0 |
| Adam Boitnott | Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Michelle Coviello | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Wes Slocum | Director | 0.25 |
Director
|
$0 | $0 | $0 |
| Sue Wright | Director | 0.25 |
Director
|
$0 | $0 | $0 |
| Errol Restelli | Director | 0.25 |
Director
|
$0 | $0 | $0 |
| Mike Laurenti | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Angie Bush | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Brian Bach | Director | 0.25 |
Director
|
$0 | $0 | $0 |
| Arvy Rajasekaran | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Detlef Dohmen | Director | 0.25 |
Director
|
$0 | $0 | $0 |
| TJ Felice | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Jaimee Robles | Director | 0.25 |
Director
|
$0 | $0 | $0 |
| Markus Hill | Director | 0.25 |
Director
|
$0 | $0 | $0 |
| Darrell Thompson | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $1,909,539 | $2,202,868 | $1,190,701 | $-293,329 |
| 2023 | $1,686,074 | $1,860,562 | $1,303,289 | $-174,488 |
| 2022 | $1,445,609 | $1,552,506 | $1,336,601 | $-106,897 |
| 2021 | $1,203,109 | $1,142,599 | $1,407,584 | $60,510 |
| 2020 | $1,320,827 | $1,061,864 | $1,040,905 | $258,963 |
| 2019 | $988,196 | $1,154,673 | $751,326 | $-166,477 |
| 2018 | $1,042,189 | $1,134,132 | $888,060 | $-91,943 |
Compare Apparo Solutions Inc with other nonprofits in North Carolina and across the country.