NORTH CAROLINA ASSOCIATION OF CHIE… - Form 990 Financial Data

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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

1983

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

NORTH CAROLINA ASSOCIATION OF CHIEFS OF POLICE, founded in 1983, is a small nonprofit that reported $701K in total revenue in fiscal year 2023. Expenses of $609K left a modest 13% surplus.

Mission

TO PROMOTE UNITY OF ACTION AND HIGH PROFESSIONAL STANDARDS

Program Service Accomplishments

Program 1

Expenses: $218,689

ADVANCE THE SCIENCE AND ART OF POLICE ADMINISTRATION

Program 2

Expenses: $213,921

DEVELOP AND DISSEMINATE APPROVED ADMINISTRATION AND TECHNICAL PRACTICES AND PROMOTE THEIR USE IN POLICE WORK

Program 3

Expenses: $120,389

FOSTER COOPERATION AND UNITY OF ACTION AND EXCHANGE OF INFORMATION AND EXPERIENCE AMONG POLICE OFFICERS

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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 (2023)

Revenue Breakdown

Contributions & Grants $114,188

Program Service Revenue $582,149

Investment Income $5,127

Other Revenue $0

TOTAL REVENUE $701,464

Expense Breakdown

Grants Paid $0

Salaries & Benefits $169,124

Fundraising Expenses $0

Program Expenses $552,999

Other Expenses $440,015

TOTAL EXPENSES $609,139

Year-over-Year Comparison

	2023	2022	Change
Revenue	$701,464	$656,948	+0.1%
Expenses	$609,139	$560,634	+0.1%
Net Income	$92,325	$96,314	0.0%

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

N/A

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

Total Directors

$81,895

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM H HOLLINGSED	EXECUTIVE DIRECTOR	30.00	Director	$81,895	$0	$81,895
CHIEF PAUL BURDETTE	SECRETARY	1.00	Director	$0	$0	$0
CHIEF JIMMY CRAYTON	REGIONAL DIRECTOR	1.00	Director	$0	$0	$0
CHIEF TOBY HARRISON	SECOND VICE PRESIDENT	1.00	Director	$0	$0	$0
CHIEF CHIP HAWLEY	FIRST VICE PRESIDENT	1.00	Director	$0	$0	$0
CHIEF ORLANDO ROSARIO JR	REGIONAL DIRECTOR	1.00	Director	$0	$0	$0
CHIEF JEFF ACKERMAN	REGIONAL DIRECTOR	1.00	Director	$0	$0	$0
CHIEF JEREMY DIXON	SERGEANT AT ARMS	1.00	Director	$0	$0	$0
CHIEF JASON ARMSTRONG	REGIONAL DIRECTOR	1.00	Director	$0	$0	$0
CHIEF ROBBY RUMMAGE	REGIONAL DIRECTOR	1.00	Director	$0	$0	$0
CHIEF CHRIS BEDDINGFIELD	REGIONAL DIRECTOR	1.00	Director	$0	$0	$0
CHIEF KEN KLAMAR	REGIONAL DIRECTOR	1.00	Director	$0	$0	$0
CHIEF MITCH MCKINNEY	REGIONAL DIRECTOR	1.00	Director	$0	$0	$0
CHIEF GERALD CHILDRESS	REGIONAL DIRECTOR	1.00	Officer Director	$0	$0	$0
CHIEF REED BAER	REGIONAL DIRECTOR	1.00	Officer Director	$0	$0	$0
CHIEF HENRY KING	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHIEF BLAIR MYHAND	IMMEDIATE PAST PRESIDENT	1.00	Officer 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	$701,464	$609,139	$529,645	$92,325
2023	$656,948	$560,634	$433,946	$96,314
2022	$420,397	$366,493	$338,022	$53,904
2021	$429,701	$392,797	$284,067	$36,904
2020	$430,730	$433,700	$246,824	$-2,970
2019	$407,645	$385,900	$249,794	$21,745

NORTH CAROLINA ASSOCIATION OF CHIEFS OF POLICE