NATIONAL SALES NETWORK CHARLOTTE CHAPTER INC (EIN 854350688) - 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

ANTWAUN L COOK

Tax Period

2022-01-01 to 2022-12-31

NATIONAL SALES NETWORK CHARLOTTE CHAPTER INC, founded in 2020, is a micro nonprofit that reported $26K in total revenue in fiscal year 2022. The organization ran a surplus of $10K, a strong 40% operating margin.

Mission

NATIONAL SALES NETWORK CHARLOTTE CHAPTER, INC IS A 501C3 MEMBERSHIP ORGANIZATION WHOSE OBJECTIVE IS TO MEET THE DEVELOPMENTAL NEEDS OF PROFESSIONALS BY SETTING UP EDUCATIONAL SEMINARS AND OTHER CONFERENCES TO TEACH PERSONAL DEVELOPMENT, CAREER DEVELOPMENT AND LEADERSHIP SKILLS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $25,780

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $25,780

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $15,194

Other Expenses $15,506

TOTAL EXPENSES $15,506

Year-over-Year Comparison

	2022	2021	Change
Revenue	$25,780	N/A	N/A
Expenses	$15,506	N/A	N/A
Net Income	$10,274	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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANK SHIPP	BOARD MEMBER	0.00	Director	$0	$0	$0
BRANDY BYERS	BOARD MEMBER	0.00	Director	$0	$0	$0
ANGELA THOMPSON	BOARD MEMBER	0.00	Director	$0	$0	$0
ANTWAUN L COOK	PRESIDENT	16.00	Officer Director	$0	$0	$0
ASHLI HALE JOHNSON	DIRECTOR OF ADMINISTRATION	0.00	Officer	$0	$0	$0
TERRANCE EVINS	DIRECTOR OF FINANCE	0.00	Officer	$0	$0	$0
TANIA NEW	DIRECTOR OF MEMBERSHIP	0.00	Officer	$0	$0	$0
JONATHAN WORTMAN	VP OF MEMBERSHIP	0.00	Officer	$0	$0	$0
NNEKA OKONKWO	DIRECTOR OF EVENTS	0.00	Officer	$0	$0	$0
LARRI DIGGS-JONES	VP OF EVENTS	0.00	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
2022	$25,780	$15,506	$10,274	$10,274

NATIONAL SALES NETWORK CHARLOTTE CHAPTER INC