NORTH CAROLINA SOCIETY

EIN: 934728776

WASHINGTON, DC

Total Revenue
$493,234
Total Expenses
$448,742
Total Assets
$447,838
Net Assets
$447,838
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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
DC
Principal Officer
BRAD EDWARDS
Phone
2027440834
Tax Period
2025-01-01 to 2025-12-31

NORTH CAROLINA SOCIETY, founded in 2023, is a small nonprofit that reported $493K in total revenue in fiscal year 2025. Revenue decreased 13% compared to the prior year. Expenses of $449K left a modest 9% surplus.

Mission

INDIVIDUALS FROM NC TO STIMULATE AND STRENGTHEN PATRIOTISM, PRIDE OF CITIZENSHIP AND LOYALTY TO THE NATION

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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 (2025)

Revenue Breakdown

Contributions & Grants $493,206
Program Service Revenue $0
Investment Income $28
Other Revenue $0
TOTAL REVENUE $493,234

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $440,363
Other Expenses $448,742
TOTAL EXPENSES $448,742

Year-over-Year Comparison

2025 2024 Change
Revenue $493,234 $566,852 -0.1%
Expenses $448,742 $293,507 +0.5%
Net Income $44,492 $273,345 -0.8%
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
4
Independent Members
4
Employees
N/A
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
5
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GREG STEELE PRESIDENT 1.00
Officer Director
$0 $0 $0
ELIZABETH ADKINS 1ST VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
ERIN MCBRIDE 2ND VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
BRAD EDWARDS TREASURER 1.00
Officer Director
$0 $0 $0
AVERY WEISEL PAST PRESIDENT 1.00
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
2025 $493,234 $448,742 $447,838 $44,492
2024 $566,852 $293,507 $403,345 $273,345
2023 $130,000 No data $130,000 No data
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