Cary, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Majority Rising NC, founded in 2022, is a community nonprofit in the Public & Societal Benefit sector that reported $1.5M in total revenue in fiscal year 2023. Revenue fell 47% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $998K, a strong 67% operating margin.
Majority Rising's purpose is to engage in educational and advocacy activities to promote policies that advance sustainable economic development and growth. It will educate North Carolina residents about policies that support economic development and growth in North Carolina, strong public education at all levels, and other issues essential to the lives of North Carolinians.
Research and Surveys: The organization conducted public opinion research through focus groups and public opinion polling to better understand how North Carolinians viewed key issues. These findings...
Research and Surveys: The organization conducted public opinion research through focus groups and public opinion polling to better understand how North Carolinians viewed key issues. These findings were used to further public policy development as well as how the organization messages to the public at-large.
Events: The organization held four public policy conferences and one two-day summit that brought together community leaders, policymakers, businesses, and advocates to exchange ideas and learnings. A...
Events: The organization held four public policy conferences and one two-day summit that brought together community leaders, policymakers, businesses, and advocates to exchange ideas and learnings. A number of issues were discussed including health care, public education, workforce development, and democracy.
Support to Ally Organizations: The organization chose to make general support grants to ally organizations. These organizations are engaged in meaningful work that aligns with the mission of Majority...
Support to Ally Organizations: The organization chose to make general support grants to ally organizations. These organizations are engaged in meaningful work that aligns with the mission of Majority Rising NC and are deemed worthy of receiving support.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,489,100 | $2,799,077 | -0.5% |
| Expenses | $490,813 | $2,748,162 | -0.8% |
| Net Income | $998,287 | $50,915 | +18.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Ian Shannon | Executive Dir. | 45.00 |
Officer
|
$103,292 | $4,348 | $107,640 |
| Margaret Dickson | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Page Gardner | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Reggie Love | Board Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mack Paul | Board Chair | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Shawna Williams | Board Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,489,100 | $490,813 | $1,106,257 | $998,287 |
| 2022 | $2,799,077 | $2,748,162 | $73,072 | $50,915 |
Compare Majority Rising NC with other nonprofits in North Carolina and across the country.