The Suda Institute

EIN: 883770780 501(c)(3) Health Care

Mooresville, NC

Total Revenue
$666,964
Total Expenses
$251,219
Total Assets
$501,891
Net Assets
$473,313
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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
2023
Legal Domicile
NC
Phone
7049535619
Tax Period
2024-07-01 to 2025-06-30

The Suda Institute, founded in 2023, is a small nonprofit in the Health Care sector that reported $667K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $416K, a strong 62% operating margin.

Mission

The Suda Institute brings healthcare, behavioral health, and social services together to improve outcomes for infants and mothers impacted by substance use disorders.

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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 $666,964
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $666,964

Expense Breakdown

Grants Paid $0
Salaries & Benefits $163,298
Fundraising Expenses $7,176
Program Expenses $197,375
Other Expenses $87,921
TOTAL EXPENSES $251,219

Year-over-Year Comparison

2024 2023 Change
Revenue $666,964 $598,314 +0.1%
Expenses $251,219 $582,306 -0.6%
Net Income $415,745 $16,008 +25.0%
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

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Governance

Voting Members
9
Independent Members
9
Employees
1
Volunteers
34

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
3
$91,250
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gina Hofert CEO 40.00
Officer
$86,250 $5,000 $91,250
Teshanee Williams PhD MPA Chair 0.00
Officer Director
$0 $0 $0
Denise Badgett Treasurer 0.00
Officer Director
$0 $0 $0
Sonja Bohannon Thacker MSW Secretary 0.00
Director
$0 $0 $0
Lashonda Houston MSW Board Member 0.00
Director
$0 $0 $0
Elisabeth Johnson PhD Board Member 0.00
Director
$0 $0 $0
Mark Hofer CPA Board Member 0.00
Director
$0 $0 $0
Daniell Chunn JD Board Member 0.00
Director
$0 $0 $0
Emily Bridge Board Member 0.00
Director
$0 $0 $0
John Middleton Board Member 0.00
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
2025 $666,964 $251,219 $501,891 $415,745
2024 $598,314 $582,306 $57,568 $16,008
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