NORTH CAROLINA COMMUNITY ACTION ASSOCIATION (EIN 581447670) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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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

NORTH CAROLINA COMMUNITY ACTION ASSOCATION IS A NON-PROFIT, NON-PARTISAN ORGANIZATION ORGANIZED AND DIRECTED BY LOW INCOME AND NON-PROFIT GROUPS. NCCAA SEEKS TO SERVE AS AN ADVOCATE FOR THE POOR, ASSURING THEIR VOICE IS HEARD ON MATTERS OF PUBLIC POLICY AT THE STATE, FEDERAL AND LOCAL LEVELS.

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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%)

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

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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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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