THE KATIE BLESSING FOUNDATION

EIN: 872775360 501(c)(3) Health Care

CHARLOTTE, NC

Total Revenue
$5,560,629
Total Expenses
$853,507
Total Assets
$7,185,843
Net Assets
$7,168,461
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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
NC
Principal Officer
ANTHONY TROTMAN
Phone
9802496223
Tax Period
2024-01-01 to 2024-12-31

THE KATIE BLESSING FOUNDATION, founded in 2020, is a community nonprofit in the Health Care sector that reported $5.6M in total revenue in fiscal year 2024. Revenue surged 92% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.7M, a strong 85% operating margin.

Mission

THE KATIE BLESSING FOUNDATION ASSISTS AND EMPOWERS UNDERSERVED COMMUNITIES THROUGH FAMILY-CENTERED CARE AND PROVIDES A COMPASS TOWARDS SELF SUFFICIENCY AND STABILITY. WE POSITIVELY IMPACT THE OVERALL HEALTH AND WELLNESS OF THE HISTORICALLY MARGINALIZED AND PROVIDE AN ADVANTAGE IN OVERCOMING SUBSTANDARD ENVIRONMENTAL CIRCUMSTANCES. WE PROVIDE EQUITABLE ACCESS TO PRIMARY CARE. WE IDENTIFY AND FILL SERVICE GAPS WITHIN THE HEALTHCARE SYSTEM THAT HAVE BEEN HISTORICALLY NEGLECTED THROUGHOUT UNDERSERVED COMMUNITIES INCLUDING MENTAL HEALTH.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,437,682
Program Service Revenue $0
Investment Income $121,837
Other Revenue $1,110
TOTAL REVENUE $5,560,629

Expense Breakdown

Grants Paid $15,032
Salaries & Benefits $530,655
Fundraising Expenses $158,791
Program Expenses $521,498
Other Expenses $307,820
TOTAL EXPENSES $853,507

Year-over-Year Comparison

2024 2023 Change
Revenue $5,560,629 $2,895,512 +0.9%
Expenses $853,507 $915,325 -0.1%
Net Income $4,707,122 $1,980,187 +1.4%
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

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Governance

Voting Members
12
Independent Members
10
Employees
5
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
1
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMBER TRACEWELL EXECUTIVE DI 40.00
$125,000 $0 $125,000
BRITNEY BROYHILL DIRECTOR 2.00
Director
$0 $0 $0
ROB BRYAN DIRECTOR/CHA 2.00
Director
$0 $0 $0
BEVERLY MILLER EARLE DIRECTOR 2.00
Director
$0 $0 $0
HALI EPLIN DIRECTOR 2.00
Director
$0 $0 $0
CINDY ESTES DIRECTOR 2.00
Director
$0 $0 $0
SUSAN GARY DIRECTOR/SEC 2.00
Director
$0 $0 $0
MELISSA GARRIDO HLAVAC DIRECTOR 2.00
Director
$0 $0 $0
LAURA MEIER DIRECTOR/ VI 2.00
Director
$0 $0 $0
DAVID ROBINSON DIRECTOR 2.00
Director
$0 $0 $0
RAFAEL RODRIGUEZ DIRECTOR 2.00
Director
$0 $0 $0
ANTHONY TROTMAN EXECUTIVE DI N/A
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
2024 $5,560,629 $853,507 $7,185,843 $4,707,122
2023 $2,895,512 $915,325 $2,798,445 $1,980,187
2022 $535,474 $74,745 $465,729 $460,729
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