World Affairs Council of Charlotte

EIN: 581606811 501(c)(3) International Affairs

Charlotte, NC

Total Revenue
$938,508
Total Expenses
$950,649
Total Assets
$891,988
Net Assets
$884,010
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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
NC
Principal Officer
Ljubomir Stambuk
Phone
7046877762
Tax Period
2023-01-01 to 2023-12-31

World Affairs Council of Charlotte, founded in 1983, is a small nonprofit in the International Affairs sector that reported $939K in total revenue in fiscal year 2023. Revenue decreased 20% compared to the prior year.

Mission

By serving as a regional center for education and discussion of world affairs, the Council seeks to provide leadership for global thinking, believing that a broad perspective is necessary for effective competition in the global economy and for responsible citizenship

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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 $377,246
Program Service Revenue $573,032
Investment Income $332
Other Revenue $-12,102
TOTAL REVENUE $938,508

Expense Breakdown

Grants Paid $24,083
Salaries & Benefits $547,112
Fundraising Expenses $56,749
Program Expenses $780,426
Other Expenses $379,454
TOTAL EXPENSES $950,649

Year-over-Year Comparison

2023 2022 Change
Revenue $938,508 $1,172,722 -0.2%
Expenses $950,649 $873,774 +0.1%
Net Income $-12,141 $298,948 -1.0%
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

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Governance

Voting Members
30
Independent Members
30
Employees
5
Volunteers
76

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
$321,363
Total Directors
30
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ljubomir Stambuk President & CEO 40.00
Officer
$274,368 $46,995 $321,363
Charlotte J Klopp VP, Programs & Edu 40.00
$102,000 $11,270 $113,270
Hon Wayne P Cooper Past Chair 1.00
Officer Director
$0 $0 $0
Mr Dwight Gibson Director 1.00
Director
$0 $0 $0
Mr Michael Gwyn Director 1.00
Director
$0 $0 $0
Dr David Callaway Director 1.00
Director
$0 $0 $0
Dr Vikram Kumar Director 1.00
Director
$0 $0 $0
Mr Robert Holcombe Director 1.00
Director
$0 $0 $0
Mr John Lassiter Director 1.00
Director
$0 $0 $0
Dr Claudio Carpano Director 1.00
Director
$0 $0 $0
Dr Derek Raghavan Director 1.00
Director
$0 $0 $0
Mr Stephen R Hunting Director 1.00
Director
$0 $0 $0
Dr Marie-Claire Marroum Director 1.00
Director
$0 $0 $0
Dr Saad Ehtisham Director 1.00
Director
$0 $0 $0
Mr Firoz Peera Director 1.00
Director
$0 $0 $0
Mr Michael McNamara Treasurer 1.00
Officer Director
$0 $0 $0
Mrs Cecilia A Ramirez Director 1.00
Director
$0 $0 $0
Mrs Laura Meyer Wellman Director 1.00
Director
$0 $0 $0
Mrs Rina Arline Director 1.00
Director
$0 $0 $0
Hon Millie Cox Director 1.00
Director
$0 $0 $0
Mr Rajnish Bharadwaj Chair 1.00
Officer Director
$0 $0 $0
Mr Oscar Cranz III Director 1.00
Director
$0 $0 $0
Mr Jol Gallegos Director 1.00
Director
$0 $0 $0
Mr Rohan Paul Director 1.00
Director
$0 $0 $0
Ms Elizabeth Murphy Director 1.00
Director
$0 $0 $0
Mr Kent Walker Director 1.00
Director
$0 $0 $0
Mr G Hunter Shull Jr Director 1.00
Director
$0 $0 $0
Mr George Johnson Director 1.00
Director
$0 $0 $0
Mr Jared Mobley Director 1.00
Director
$0 $0 $0
Mr Scott Tozier Director 1.00
Director
$0 $0 $0
Mr Armando Chardiet Director 1.00
Director
$0 $0 $0
Mr David Jones Director 1.00
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
2024 No data No data No data No data
2023 $938,508 $950,649 $891,988 $-12,141
2022 $1,172,722 $873,774 $824,236 $298,948
2021 $410,924 $554,161 $1,061,608 $-143,237
2020 $631,569 $811,141 $866,210 $-179,572
2019 $1,424,729 $916,113 $866,039 $508,616
2018 $856,411 $821,636 $248,713 $34,775
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