CENTER FOR ECONOMIC EMPOWERMENT AND DEVELOPMENT (EIN 581873977) - 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

1989

Legal Domicile

Principal Officer

TRISHA TARIS

Phone

9103233377

Tax Period

2019-07-01 to 2020-06-30

CENTER FOR ECONOMIC EMPOWERMENT AND DEVELOPMENT, founded in 1989, is a small nonprofit that reported $868K in total revenue in fiscal year 2019. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $174K, a strong 20% operating margin.

Mission

TO PROMOTE BOTH SMALL BUSINESS AND PERSONAL GROWTH, PRODUCTIVENESS AND WELL BEING THROUGH LOANS, PEER COUNSELING, EDUCATION, INFORMATION, AND OTHER ADVOCACY PROGRAMS THROUGHOUT CUMBERLAND COUNTY, NORTH CAROLINA.

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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 (2019)

Revenue Breakdown

Contributions & Grants $590,354

Program Service Revenue $283,521

Investment Income $-6,027

Other Revenue $0

TOTAL REVENUE $867,848

Expense Breakdown

Grants Paid $0

Salaries & Benefits $302,283

Fundraising Expenses $0

Program Expenses $519,794

Other Expenses $391,966

TOTAL EXPENSES $694,249

Year-over-Year Comparison

	2019	2018	Change
Revenue	$867,848	$615,621	+0.4%
Expenses	$694,249	$719,434	0.0%
Net Income	$173,599	$-103,813	-2.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEBBIE BELLES	BOARD MEMBER	N/A	Director	$0	$0	$0
FRED CUTTER	SECRETARY	N/A	Officer Director	$0	$0	$0
BILL DREWRY	BOARD MEMBER	N/A	Director	$0	$0	$0
CAROLINE GLACKIN	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
LYNNE GREENE	TREASURER	N/A	Director	$0	$0	$0
GORDON JOHNSON	BOARD MEMBER	N/A	Director	$0	$0	$0
SHONATE JOHNSON	BOARD MEMBER	N/A	Director	$0	$0	$0
DREW O'QUINN	BOARD MEMBER	N/A	Director	$0	$0	$0
W LOCKETT TALLY	BOARD MEMBER	N/A	Officer Director	$0	$0	$0
TRISHA TARIS	PRESIDENT	N/A	Officer Director	$0	$0	$0
SUZY HRABOVSKY	EXECUTIVE DI	N/A	Officer	$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
2020	$867,848	$694,249	$4,146,746	$173,599
2019	$615,621	$719,434	$4,045,087	$-103,813
2018	$734,476	$881,665	$4,301,812	$-147,189

CENTER FOR ECONOMIC EMPOWERMENT AND DEVELOPMENT