Apparo Solutions Inc

EIN: 571140089 501(c)(3) Community Improvement

Charlotte, NC

Total Revenue
$1,909,539
Total Expenses
$2,202,868
Total Assets
$1,190,701
Net Assets
$471,404
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
NC
Principal Officer
Kim Lanphear
Phone
7047167767
Tax Period
2023-07-01 to 2024-06-30

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.

Mission

Provide technology guidance, advice, education and assistance through community connections and on-staff skills to nonprofit organizations.

Program Service Accomplishments

Program 1
Expenses: $576,611

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...

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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.

Program 2
Expenses: $514,274

Community Impact Projects: Apparo facilitates Community Impact Projects (skilled-volunteers engagements) to provide technology solutions that enable area nonprofits to operate more efficiently...

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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%.

Program 3
Expenses: $467,522

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...

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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.

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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 $1,611,191
Program Service Revenue $32,383
Investment Income $12,333
Other Revenue $253,632
TOTAL REVENUE $1,909,539

Expense Breakdown

Grants Paid $20,000
Salaries & Benefits $1,682,005
Fundraising Expenses $436,959
Program Expenses $1,558,407
Other Expenses $500,863
TOTAL EXPENSES $2,202,868

Year-over-Year Comparison

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%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
20
Independent Members
20
Employees
23
Volunteers
350

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
4
$139,818
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
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
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 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
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