NORTH CAROLINA HEALTHY ALTERNATIVES ASSOCIATION INC (EIN 883240827) - 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

LEE VAN TINE III

Phone

7046551999

Tax Period

2024-01-01 to 2024-12-31

NORTH CAROLINA HEALTHY ALTERNATIVES ASSOCIATION INC, founded in 2022, is a small nonprofit in the Health Care sector that reported $462K in total revenue in fiscal year 2024. Revenue surged 87% from the prior year, signaling strong growth momentum. The organization ran a surplus of $173K, a strong 37% operating margin.

Mission

OUR MISSION CENTERS ON EMPOWERING ADULTS TO CHOOSE HEALTH-CONSCIOUS ALTERNATIVES OVER PHARMACEUTICALS, ADVOCATING FOR SENSIBLE AGE RESTRICTIONS AND ROBUST PACKAGING REGULATIONS TO PROTECT MINORS. TOGETHER, WE PROMOTE CONSCIENTIOUS CHOICES AND PRIORITIZE THE WELL-BEING OF INDIVIDUALS OF ALL AGES.

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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 $461,528

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $461,528

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,500

Fundraising Expenses $19,100

Program Expenses $169,611

Other Expenses $280,088

TOTAL EXPENSES $288,588

Year-over-Year Comparison

	2024	2023	Change
Revenue	$461,528	$247,270	+0.9%
Expenses	$288,588	$188,746	+0.5%
Net Income	$172,940	$58,524	+2.0%

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
NEAL ORR	EXECUTIVE DIRECTOR	25.00	Officer	$0	$0	$0
LEE VAN TINE III	CHAIRMAN OF BOARD	1.00	Officer Director	$0	$0	$0
ELIZABETH FOLGER CASHION	SECRETARY	1.00	Officer	$0	$0	$0
JAY FISHER	DIRECTOR	1.00	Director	$0	$0	$0
JD MCCORMICK	DIRECTOR	1.00	Director	$0	$0	$0
MATT MITCHELL	DIRECTOR	1.00	Director	$0	$0	$0
LEE VAN TINE II	DIRECTOR	1.00	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	$461,528	$288,588	$231,464	$172,940
2023	$247,270	$188,746	$58,524	$58,524

NORTH CAROLINA HEALTHY ALTERNATIVES ASSOCIATION INC