CAROLINA FEDERATION FUND (EIN 842537864) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

SENDOLO DIAMINAH

Phone

9194859329

Tax Period

2024-07-01 to 2025-06-30

CAROLINA FEDERATION FUND, founded in 2019, is a community nonprofit in the Human Services sector that reported $2.3M in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $939K, a strong 41% operating margin.

Mission

SEE PART III, LINE 1.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,277,053

Program Service Revenue $0

Investment Income $24,293

Other Revenue $8,018

TOTAL REVENUE $2,309,364

Expense Breakdown

Grants Paid $80

Salaries & Benefits $943,681

Fundraising Expenses $93,094

Program Expenses $904,070

Other Expenses $426,825

TOTAL EXPENSES $1,370,586

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,309,364	$3,122,760	-0.3%
Expenses	$1,370,586	$2,882,579	-0.5%
Net Income	$938,778	$240,181	+2.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

2299

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

$132,486

Total Directors

$132,486

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SENDOLO DIAMINAH	CO-DIRECTOR	16.00	Officer Director	$24,025	$6,315	$67,306
JENNIFER FRYE	CO-DIRECTOR	15.00	Officer Director	$15,119	$4,744	$65,180
AARON BRYANT	BOARD MEMBER	1.00	Director	$0	$0	$0
HASHIM BENFORD	BOARD MEMBER (UNTIL 12/24)	1.00	Director	$0	$0	$0
CESAR LEYVA	BOARD MEMBER	1.00	Director	$0	$0	$0
ANNA GRANT	BOARD MEMBER (FROM 1/25)	1.00	Director	$0	$0	$0
WHITNEY MAXEY	CHIEF OPERATING OFFICER (FROM 4/25)	10.00	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
2025	$2,309,364	$1,370,586	$2,533,816	$938,778
2024	$3,122,760	$2,882,579	$1,568,819	$240,181
2023	$1,293,191	$773,184	$1,270,814	$520,007
2022	$1,275,241	$700,870	$761,907	$574,371
2021	$366,300	$195,404	$171,897	$170,896

CAROLINA FEDERATION FUND