State Employees Association of North Carolina Inc

Nonprofit profile at a glance

EIN
581575076
IRS 990 coverage
2010–2020
Forms available
Form 990 2020
Location
Raleigh, NC, USA
Phone
9198336436
Rating confidence
Limited

Official website

Reported finances

Revenue
$7,888,370
Expenses
$6,311,683
Assets
$16,251,800
Liabilities
$2,241,830

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

59 people listed

Executive titles in this filing

  • Ardis Watkins (Executive Director)
  • Jimmy Davis (President)
  • Martha Fowler (1st Vice President)
  • Kirk Montgomery (2nd Vice President)
  • Stanley Drewery (Past President)

Highest reported compensation

  • Ardis Watkins (Executive Director): $169,539 total reported compensation
  • Gwendolyn M Kea (Director of Finance): $122,020 total reported compensation
  • Jimmy Davis (President): $5,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote the interests of state employees.

What it reported doing in 2020

An annual convention to promote the interests of state employees, provide a forum for the discussion of ideas and problems, and to promote the professionalism of state employees.

Operating model

Revenue model
Membership-supported. 82% of the money available for current operations came from membership dues.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 77
  • Accountability: 84
  • Sustainability: 66
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 71st percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 96.5%; rating input score 96; 27th percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 20%; rating input score 71; 71st percentile among comparable filings
  • Total-asset coverage ratio: 2.57; rating input score 68; 68th percentile among comparable filings
  • Liabilities to assets ratio: 0.14; rating input score 56; 56th percentile among comparable filings
  • Officer compensation ratio: 4.8%; rating input score 54; 54th percentile among comparable filings

Growth

  • Program expense growth: 75% per year; rating input score 100; 98th percentile among comparable filings
  • Revenue growth: -8% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: 12.4% per year; rating input score 100; 70th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 55 of 57 board members independent · 6 of 9 filing controls reported
  • Programs: 2 filed program accomplishments
  • Leadership: top reported pay $170K · 59 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 12 of 12 current checks pass
  • Schedules: 6 filed schedules · includes grants and executive pay
  • Filing history: 9 filing years from 2010 to 2020
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 54/100.
  • Review — Sustainability: Liabilities to assets ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.