NORTH CAROLINA COMMUNITY ACTION AS… - Form 990 Financial Data

🔒

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

1967

Legal Domicile

Principal Officer

SHARON GOODSON

Phone

9197905757

Tax Period

2024-01-01 to 2024-12-31

NORTH CAROLINA COMMUNITY ACTION ASSOCIATION, founded in 1967, is a community nonprofit that reported $7.3M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

TO ENCOURAGE, PROMOTE, AND STIMULATE THE COMMUNITY DEVELOPMENT OF HUMAN RESOURCES, PRINCIPALLY TO ELIMINATE POVERTY THROUGH THE OPERATION OF COMMUNITY ACTION PROGRAMS.

Program Service Accomplishments

Program 1

Expenses: $5,522,062 Revenue: $2,531,514

DUKE ENERGY'S HELPING HOME FUND (HHF) IS A FREE WEATHERIZATION ASSISTANCE PROGRAM DESIGNED TO HELP INCOME-QUALIFIED DUKE ENERGY NORTH CAROLINA CUSTOMERS LOWER THEIR ENERGY BILLS, ADDRESS...

DUKE ENERGY'S HELPING HOME FUND (HHF) IS A FREE WEATHERIZATION ASSISTANCE PROGRAM DESIGNED TO HELP INCOME-QUALIFIED DUKE ENERGY NORTH CAROLINA CUSTOMERS LOWER THEIR ENERGY BILLS, ADDRESS ENERGY-RELATED HEALTH AND SAFETY ISSUES, AND IMPROVE THE OVERALL ENERGY EFFICIENCY OF THEIR HOMES.

Program 2

Expenses: $590,873

DIAPER ASSISTANCE PROGRAM WHERE LOW INCOME FAMILIES RECEIVE 100 DIAPERS PER MONTH FOR THEIR CHILDREN BY PARTICIPATING IN AGENCY PROGRAMS LIKE: JOB READINESS TRAINING, EDUCATIONAL AND SPECIALIZED...

DIAPER ASSISTANCE PROGRAM WHERE LOW INCOME FAMILIES RECEIVE 100 DIAPERS PER MONTH FOR THEIR CHILDREN BY PARTICIPATING IN AGENCY PROGRAMS LIKE: JOB READINESS TRAINING, EDUCATIONAL AND SPECIALIZED LEARNING PROGRAMS, PARENTING CLASSES AND FINANCIAL EMPOWERMENT COURSES.

Program 3

Expenses: $78,281

HEALTHY HOMES INITIATIVE PROGRAM (HHI) - PROVIDES LOW-INCOME FAMILIES WITH THE CRUCIAL HOME REPAIRS THAT THEY NEED TO IMPROVE THEIR OVERALL HEALTH.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $4,200,645

Program Service Revenue $3,076,433

Investment Income $0

Other Revenue $-19,767

TOTAL REVENUE $7,257,311

Expense Breakdown

Grants Paid $0

Salaries & Benefits $833,771

Fundraising Expenses $79,208

Program Expenses $7,019,244

Other Expenses $6,897,086

TOTAL EXPENSES $7,730,857

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,257,311	$6,316,530	+0.1%
Expenses	$7,730,857	$7,174,654	+0.1%
Net Income	$-473,546	$-858,124	-0.4%

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

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

$209,403

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATSY DAVIS	PRESIDENT	1.00	Officer Director	$0	$0	$0
TINA RAY	FIRST VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
PATRICIA BEIER	SECOND VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DR ERICKA WHITAKER	TREASURER	1.00	Officer Director	$0	$0	$0
NATASHA ELLIOTT	SECRETARY	1.00	Officer Director	$0	$0	$0
BRYAN DUNCAN	DIRECTOR	1.00	Director	$0	$0	$0
DARRICK HORTON	DIRECTOR	1.00	Director	$0	$0	$0
FRED BAZEMORE	DIRECTOR	1.00	Director	$0	$0	$0
CHUCK SUTTON	DIRECTOR	1.00	Director	$0	$0	$0
LATASHA LOVETTE	DIRECTOR	1.00	Director	$0	$0	$0
E MARIE WATSON	DIRECTOR	1.00	Director	$0	$0	$0
DR LANDON B MASON	DIRECTOR	1.00	Director	$0	$0	$0
SHARON C GOODSON	EXECUTIVE DIRECTOR	40.00	Officer	$196,266	$13,137	$209,403
KRYSTINA CHAVIS	DEPUTY EXECUTIVE DIRECTOR	40.00	Highest	$100,705	$8,506	$109,211

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	$7,257,311	$7,730,857	$8,449,616	$-473,546
2023	$6,316,530	$7,174,654	$6,268,066	$-858,124
2022	$11,475,248	$10,067,656	$7,692,006	$1,407,592
2021	$8,169,285	$7,430,074	$4,811,006	$739,211
2020	$5,273,135	$4,807,983	$4,045,133	$465,152
2019	$4,614,122	$6,206,585	$3,549,733	$-1,592,463
2018	$8,067,357	$5,590,591	$5,141,411	$2,476,766

NORTH CAROLINA COMMUNITY ACTION ASSOCIATION