Majority Rising NC (EIN 874783603) - 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

2022

Legal Domicile

Principal Officer

Mack Paul

Phone

9193918316

Tax Period

2023-01-01 to 2023-12-31

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.

Mission

Our mission is to build majority support for public policies that create prosperity and opportunity for all North Carolinians. Through education and civic engagement, we seek a fair and just society where everyone can shape our collective future.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,489,100

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,489,100

Expense Breakdown

Grants Paid $55,000

Salaries & Benefits $129,320

Fundraising Expenses $76,439

Program Expenses $333,955

Other Expenses $267,622

TOTAL EXPENSES $490,813

Year-over-Year Comparison

	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%

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

$107,640

Total Directors

Key Employees

Highest Compensated

reported

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

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	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

Majority Rising NC