Durham, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)North Carolina Employee Ownership Center, founded in 2019, is a small nonprofit in the Employment sector that reported $321K in total revenue in fiscal year 2025. Revenue surged 94% from the prior year, signaling strong growth momentum. The organization ran a surplus of $96K, a strong 30% operating margin.
THE NORTH CAROLINA EMPLOYEE OWNERSHIP CENTER IS AN EDUCATIONAL NONPROFIT WHOSE MISSION IS TO PROTECT JOBS, INCREASE COMMUNITY WEALTH, AND CREATE A MORE VIBRANT, INCLUSIVE ECONOMY THROUGH EMPLOYEE OWNERSHIP.
THE NORTH CAROLINA EMPLOYEE OWNERSHIP CENTER (NCEOC) SEEKS TO EXPAND THE NUMBER OF EMPLOYEE OWNED BUSINESSES IN NORTH CAROLINA. WE DO THIS THROUGH EDUCATING BUSINESS OWNERS, TRUSTED ADVISORS AND...
THE NORTH CAROLINA EMPLOYEE OWNERSHIP CENTER (NCEOC) SEEKS TO EXPAND THE NUMBER OF EMPLOYEE OWNED BUSINESSES IN NORTH CAROLINA. WE DO THIS THROUGH EDUCATING BUSINESS OWNERS, TRUSTED ADVISORS AND OTHER SUPPORTERS AS WELL AS SUPPORTING BUSINESS OWNERS AS THEY CONTEMPLATE THEIR EXIT PLAN OR CONSIDER OTHER REASONS TO CONVERT SOME OF ALL OF THEIR BUSINESS TO EMPLOYEE OWNERSHIP. WE FORMALIZED A PARTNERSHIP CALLED ROOTS WHICH INCLUDES: MOUNTAIN BIZWORKS AND THE INDUSTRIAL COMMONS TO HELP SUPPORT SMALL AND MEDIUM SIZED BUSINESS OWNERS IN WESTERN NORTH CAROLINA WHERE THE NEED IS EXACERBATED BY HURRICANE HELENE EFFECTS. 2025 ACTIVITIES: -CONDUCTED 40 PRESENTATIONS WITH OVER 600 ATTENDEES, -HAD 130 MEETINGS WITH POTENTIAL PARTNERS -SPOKE OR EXHIBITED AT 5 CONFERENCES -MET WITH 10 BUSINESS OWNERS LOOKING AT CONVERTING TO EMPLOYEE OWNED BUSINESS MODELS -REFERRED 7 BUSINESSES TO SERVICE PROVIDERS TO HELP THEM ACHIEVE THEIR GOALS -CONDUCTED 2 "AMBASSADOR" WEBINAR SERIES -OFFERED 3 CE CREDIT SESSIONS FOR EXIT PLANNERS, FINANCIAL PLANNERS AND ADVISORS -HELD SEVERAL "LUNCH AND LEARN" SESSIONS WITH BANKERS, SBTDC REGIONAL OFFICES AND ENTREPRENEURIAL INCUBATORS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $320,891 | $165,426 | +0.9% |
| Expenses | $224,741 | $216,156 | +0.0% |
| Net Income | $96,150 | $-50,730 | -2.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ILLA BURBANK | Executive Dir. | 40.00 |
Director
|
$66,667 | $0 | $66,667 |
| PATRICK MCHUGH | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| GALE MARETT | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| ZARIN KRESGE | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDREW FOSTER | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| PAMELA COLLEY | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| MERALD HOLLOWAY | Chairman | 1.00 |
Officer
|
$0 | $0 | $0 |
| LA-TASHA BEST-GADDY | Treasurer | 1.50 |
Officer
|
$0 | $0 | $0 |
| COLIN KISER | Vice President | 1.00 |
Officer
|
$0 | $0 | $0 |
| AARON DAWSON | Secretary | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $320,891 | $224,741 | $274,676 | $96,150 |
| 2024 | $165,426 | $216,156 | $173,399 | $-50,730 |
| 2023 | $249,602 | $156,594 | $219,318 | $93,008 |
| 2022 | $215,810 | $149,324 | $124,456 | $66,486 |
Compare North Carolina Employee Ownership Center with other nonprofits in North Carolina and across the country.