CAROLINA MEADOWS FOUNDATION INC (EIN 825385916) - 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

2018

Legal Domicile

Principal Officer

KEVIN MCLEOD

Phone

9199424014

Tax Period

2024-01-01 to 2024-12-31

CAROLINA MEADOWS FOUNDATION INC, founded in 2018, is a community nonprofit in the Human Services sector that reported $1.2M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $650K, a strong 54% operating margin.

Mission

TO SUPPORT THE PROGRAMS AND SERVICES OF CAROLINA MEADOWS.

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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 $942,866

Program Service Revenue $0

Investment Income $261,245

Other Revenue $0

TOTAL REVENUE $1,204,111

Expense Breakdown

Grants Paid $535,129

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $535,129

Other Expenses $18,531

TOTAL EXPENSES $553,660

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,204,111	$1,328,689	-0.1%
Expenses	$553,660	$630,236	-0.1%
Net Income	$650,451	$698,453	-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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

$790,138

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DICK HOFFERT	CHAIR	2.00	Officer Director	$0	$0	$0
HUGH TILSON	SECRETARY	1.00	Officer Director	$0	$0	$0
ROBIN MCDUFFIE	TREASURER	1.00	Officer Director	$0	$0	$0
DR BRYAN	MEMBER	1.00	Director	$0	$0	$0
BARBARA HARDIN	MEMBER	2.00	Director	$0	$0	$0
JUDY JONES	MEMBER	2.00	Director	$0	$0	$0
RALPH KARPINOS	MEMBER	1.00	Director	$0	$0	$0
SUSAN MINNIX	MEMBER	2.00	Director	$0	$0	$0
AARON SILVERSTONE	MEMBER	1.00	Director	$0	$0	$0
KEVIN MCLEOD	PRESIDENT AND CEO	5.00	Officer	$0	$22,441	$485,562
GARY LEVINE	EXECUTIVE VICE PRESIDENT AND CFO	5.00	Officer	$0	$22,335	$304,576

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	$1,204,111	$553,660	$2,892,448	$650,451
2023	$1,328,689	$630,236	$2,326,764	$698,453
2022	$1,537,855	$747,792	$1,509,959	$790,063
2021	$1,188,658	$622,429	$809,278	$566,229
2020	$586,054	$610,885	$227,909	$-24,831
2019	$562,081	$452,706	$123,031	$109,375

CAROLINA MEADOWS FOUNDATION INC