Charlotte Transgender Healthcare Group (EIN 850624640) - 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

2020

Legal Domicile

Principal Officer

Holly Savoy

Phone

7043624041

Tax Period

2024-01-01 to 2024-12-31

Charlotte Transgender Healthcare Group, founded in 2020, is a small nonprofit in the Health Care sector that reported $738K in total revenue in fiscal year 2024. Revenue surged 226% from the prior year, signaling strong growth momentum. The organization ran a surplus of $156K, a strong 21% operating margin.

Mission

Our mission is to increase trans-specialized provider clinical competency and best practice interdisciplinary collaboration among affirming providers in the greater Charlotte area.

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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 $682,198

Program Service Revenue $2,354

Investment Income $11,214

Other Revenue $41,845

TOTAL REVENUE $737,611

Expense Breakdown

Grants Paid $0

Salaries & Benefits $113,794

Fundraising Expenses $1,452

Program Expenses $574,079

Other Expenses $467,536

TOTAL EXPENSES $581,330

Year-over-Year Comparison

	2024	2023	Change
Revenue	$737,611	$226,030	+2.3%
Expenses	$581,330	$189,884	+2.1%
Net Income	$156,281	$36,146	+3.3%

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

$49,936

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Holly Savoy	Executive Dir.	20.00	Officer	$49,936	$0	$49,936
Annada Hypes	President	2.00	Officer Director	$0	$0	$0
Hayden Nielsen	Vice President	2.00	Officer Director	$0	$0	$0
Marguerita Blaker	President	2.00	Officer Director	$0	$0	$0
Aliya Saulson	Treasurer	2.00	Officer Director	$0	$0	$0
Karen Muehl	Secretary	2.00	Officer Director	$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
2024	$737,611	$581,330	$264,813	$156,281
2023	$226,030	$189,884	$89,198	$36,146

Charlotte Transgender Healthcare Group