Partnership for a Better Mecklenbu… - Form 990 Financial Data

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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

2019

Legal Domicile

Tax Period

2019-01-01 to 2019-12-31

Partnership for a Better Mecklenburg, founded in 2019, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2019.

Mission

Promote the arts, science, history, public parks and public education in Meckenburg County NC.

Program Service Accomplishments

Program 1

Expenses: $1,034,511 Revenue: $1,130,662

Organized and implemented an advocacy campaign in support of a referendum authorizing an additional local sales tax, the proceeds of which were to be used for support of the arts, parks and public...

Organized and implemented an advocacy campaign in support of a referendum authorizing an additional local sales tax, the proceeds of which were to be used for support of the arts, parks and public education in Mecklenburg County NC.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,130,662

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,130,662

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $13,428

Program Expenses $1,034,511

Other Expenses $1,124,036

TOTAL EXPENSES $1,124,036

Year-over-Year Comparison

	2019	2018	Change
Revenue	$1,130,662	N/A	N/A
Expenses	$1,124,036	N/A	N/A
Net Income	$6,626	N/A	N/A

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Valecia McDowell	Director	Officer	$0	$0	$0
Darrell Williams	Director and Chair	Officer	$0	$0	$0
Edward Smith II	Director and Treasurer	Officer	$0	$0	$0
Y Canaan Huie	Secretary	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
2019	$1,130,662	$1,124,036	$6,626	$6,626

Partnership for a Better Mecklenburg