NORTH CAROLINA BUSINESS LEADERSHIP NETWORK INC

EIN: 611652144 501(c)(3) Employment

HUNTERSVILLE, NC

Total Revenue
$327,502
Total Expenses
$267,707
Total Assets
$245,699
Net Assets
$245,699
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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
2002
Legal Domicile
NC
Principal Officer
MERRIBETH BUTLER FADEL
Phone
9804225544
Tax Period
2024-01-01 to 2024-12-31

NORTH CAROLINA BUSINESS LEADERSHIP NETWORK INC, founded in 2002, is a small nonprofit in the Employment sector that reported $328K in total revenue in fiscal year 2024. The organization ran a surplus of $60K, a strong 18% operating margin.

Mission

ADVANCING DISABILITY INCLUSION IN BUSINESSES ACROSS NC. DISABILITY:IN NORTH CAROLINA IS YOUR BUSINESS PARTNER FOR DISABILITY INCLUSION. WE SERVE AS THE VOICE FOR NORTH CAROLINA BUSINESSES TO ENHANCE THEIR DISABILITY ADVANTAGE. BY OFFERING STRATEGIC SOLUTIONS TO REMOVE BARRIERS, INCREASE EFFECTIVENESS OF RECRUITING AND EMPLOYMENT PRACTICES AND INCREASE PRODUCTIVITY THROUGH THE USE OF ACCOMMODATIONS.

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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 $321,312
Investment Income $6,084
Other Revenue $106
TOTAL REVENUE $327,502

Expense Breakdown

Grants Paid $0
Salaries & Benefits $194,980
Fundraising Expenses $0
Program Expenses $236,640
Other Expenses $72,727
TOTAL EXPENSES $267,707

Year-over-Year Comparison

2024 2023 Change
Revenue $327,502 $336,542 0.0%
Expenses $267,707 $279,858 0.0%
Net Income $59,795 $56,684 +0.1%
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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Governance

Voting Members
14
Independent Members
14
Employees
2
Volunteers
50

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
6
$189,000
Total Directors
15
$82,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MERRIBETH BUTLER FADEL EXECUTIVE DIRECTOR 40
Officer
$107,000 $0 $107,000
PATRICIA K KEUL OPERATIONS DIRECTOR 40
Officer Director
$82,000 $0 $82,000
CHAUNCY BARNHILL BOARD CHAIR 1
Officer Director
$0 $0 $0
YVETTE PITTMAN BOARD VICE CHAIR 1
Officer Director
$0 $0 $0
BLAKE TINSLEY TREASURER, BOARD VICE CHAIR 1
Officer Director
$0 $0 $0
BRIAN WRIGHT TREASURER 1
Officer Director
$0 $0 $0
GREG YOUNG BOARD MEMBER 1
Director
$0 $0 $0
SAIMA CARDWELL BOARD MEMBER 1
Director
$0 $0 $0
CHANTAL LOO BOARD MEMBER 1
Director
$0 $0 $0
ALI RUTZ BOARD MEMBER 1
Director
$0 $0 $0
LINDSEY KROEGER BOARD MEMBER 1
Director
$0 $0 $0
MARY ROBINSON BOARD MEMBER 1
Director
$0 $0 $0
ANNE MCINTOSH BOARD MEMBER 1
Director
$0 $0 $0
GABRIELA FRANCISCO BOARD MEMBER 1
Director
$0 $0 $0
TIM MILLER BOARD MEMBER 1
Director
$0 $0 $0
LASHAE JOHNSON BOARD MEMBER 1
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 $327,502 $267,707 $245,699 $59,795
2023 $336,542 $279,858 $256,580 $56,684
2023 $336,542 $279,858 $256,580 $56,684
2022 $319,822 $295,635 $409,903 $24,187
2021 $178,862 $176,123 $438,812 $2,739
2020 $283,164 $224,491 $94,892 $58,673
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