CAROLINA MEADOWS SENIOR COMMUNITIES AND SERVICES INC (EIN 821792692) - 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

2017

Legal Domicile

Principal Officer

KEVIN MCLEOD

Phone

9199424014

Tax Period

2024-01-01 to 2024-12-31

CAROLINA MEADOWS SENIOR COMMUNITIES AND SERVICES INC, founded in 2017, is a community nonprofit in the Human Services sector that reported $2.5M in total revenue in fiscal year 2024. The organization ran a surplus of $1.1M, a strong 47% operating margin.

Mission

SUPPORT CAROLINA MEADOWS INC. AS ITS MANAGEMENT AND ADMINISTRATIVE SERVICES PROVIDER.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,459,150

Investment Income $0

Other Revenue $838

TOTAL REVENUE $2,459,988

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,310,380

Fundraising Expenses $0

Program Expenses $1,310,380

Other Expenses $0

TOTAL EXPENSES $1,310,380

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,459,988	N/A	N/A
Expenses	$1,310,380	$13,415	+96.7%
Net Income	$1,149,608	$-13,415	-86.7%

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

$1,113,307

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROSEMARY WALDORF	CHAIR	1.00	Officer Director	$0	$0	$0
JUDITH KRAMER	SECRETARY	1.00	Officer Director	$0	$0	$0
ROBIN MCDUFFIE	TREASURER	1.00	Officer Director	$0	$0	$0
KIM ALLEN	MEMBER	1.00	Director	$0	$0	$0
DR BRYAN	MEMBER	1.00	Director	$0	$0	$0
NANCY CHESCHIER	MEMBER	2.00	Director	$0	$0	$0
GREG HERMAN-GIDDENS	MEMBER	1.00	Director	$0	$0	$0
DICK HOFFERT	MEMBER	1.00	Director	$0	$0	$0
RALPH KARPINOS	MEMBER	1.00	Director	$0	$0	$0
AARON SILVERSTONE	MEMBER	1.00	Director	$0	$0	$0
ROSE SNIPES	MEMBER	1.00	Director	$0	$0	$0
HUGH TILSON	MEMBER	1.00	Director	$0	$0	$0
KEVIN TUNICK	MEMBER	1.00	Director	$0	$0	$0
KEVIN MCLEOD	PRESIDENT AND CEO	2.00	Officer	$440,503	$22,441	$485,562
GARY LEVINE	EXECUTIVE VICE PRESIDENT AND CFO	2.00	Officer	$280,358	$22,335	$304,576
BENJAMIN CORNTHWAITE	COO	1.00	Officer	$292,084	$28,044	$323,169

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	$2,459,988	$1,310,380	$1,458,727	$1,149,608

CAROLINA MEADOWS SENIOR COMMUNITIES AND SERVICES INC