NORTH CAROLINA CENTER FOR APPLIED TEXTILE TECHNOLOGY FOUNDATION INC

EIN: 581846272 501(c)(3)

BELMONT, NC

Total Revenue
N/A
Total Expenses
$9,719
Total Assets
$15,226
Net Assets
$15,226
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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
1989
Legal Domicile
NC
Principal Officer
STEVE WILKINS
Phone
7048253737
Tax Period
2024-07-01 to 2025-06-30

Mission

SUPPORT WORK SKILLS IN THE TEXTILE INDUSTRY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $9,719
Other Expenses $9,719
TOTAL EXPENSES $9,719

Year-over-Year Comparison

2024 2023 Change
Revenue N/A N/A N/A
Expenses $9,719 $15,403 -0.4%
Net Income N/A $-15,403 N/A
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
8
Independent Members
8
Employees
N/A
Volunteers
9

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
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN ANDERSON DIRECTOR N/A
Director
$0 $0 $0
JASMINE COX DIRECTOR N/A
Officer
$0 $0 $0
JASON ELDER DIRECTOR N/A
Director
$0 $0 $0
BILL GRAY DIRECTOR N/A
Director
$0 $0 $0
GILBERT PATRICK DIRECTOR N/A
Director
$0 $0 $0
DAVID STALVEY VICE PRESIDE N/A
Officer Director
$0 $0 $0
TERRY TURNER DIRECTOR N/A
Director
$0 $0 $0
ED WILBURN DIRECTOR N/A
Director
$0 $0 $0
STEVE WILKINS PRESIDENT N/A
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 $9,719 $15,226 No data
2024 No data $15,403 $24,945 No data
2023 $-1,250 $26,180 $40,348 $-27,430
2022 $-87,555 $32,117 $67,778 $-119,672
2021 $109,321 $32,140 $187,450 $77,181
2020 $12,971 $52,992 $110,269 $-40,021
2019 $40,975 $39,255 $156,140 $1,720
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