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← NANTAHALA HEALTH FOUNDATION

Form 990 for tax year 2022

Filed by NANTAHALA HEALTH FOUNDATION.

Totals

Total revenue
$382,710
Total expenses
$832,868
Contributions and grants received
$230,122
Grants paid
$394,500
Program service revenue
$0
Investment income
$151,569
Other revenue
$1,019
Total assets, end of year
$11,391,516
Total liabilities, end of year
$41,388
Net assets or fund balances, end of year
$11,350,128
Program services expenses (Part IX)
$632,566
Management and general expenses
$143,900
Fundraising expenses
$56,402
Program service expenses (Part III)
$632,566

Program services were 76.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $230,122

  • 3 · Investment income

    total $261,366 · unrelated business $0 · excluded $261,366

  • 7a · Gross sales of assets other than inventory

    securities -$109,797

  • 7c · Gain or loss

    securities -$109,797

  • 7d · Net gain or loss

    total -$109,797 · related or exempt $0 · unrelated business $0 · excluded -$109,797

  • 11a · Other revenue: Other Income

    total $1,019 · related or exempt $0 · unrelated business $0 · excluded $1,019

  • 11e · Other revenue, total

    $1,019

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $394,500 · program services $394,500

  • 5 · Compensation of officers, directors and key employees

    total $117,921 · program services $70,753 · management and general $23,584 · fundraising $23,584

  • 7 · Other salaries and wages

    total $68,760 · program services $41,256 · management and general $13,752 · fundraising $13,752

  • 8 · Pension plan contributions

    total $1,980 · program services $1,188 · management and general $396 · fundraising $396

  • 9 · Other employee benefits

    total $11,077 · program services $6,646 · management and general $2,215 · fundraising $2,216

  • 10 · Payroll taxes

    total $13,683 · program services $8,209 · management and general $2,737 · fundraising $2,737

  • 11c · Fees: accounting

    total $20,076 · program services $0 · management and general $20,076 · fundraising $0

  • 11f · Fees: investment management

    total $67,490 · program services $0 · management and general $67,490 · fundraising $0

  • 11g · Fees: other

    total $14,899 · program services $11,768 · management and general $0 · fundraising $3,131

  • 12 · Advertising and promotion

    total $1,249 · program services $375 · management and general $125 · fundraising $749

  • 13 · Office expenses

    total $9,156 · program services $5,302 · management and general $2,074 · fundraising $1,780

  • 14 · Information technology

    total $7,197 · program services $4,318 · management and general $1,440 · fundraising $1,439

  • 16 · Occupancy

    total $14,287 · program services $8,571 · management and general $2,858 · fundraising $2,858

  • 17 · Travel

    total $4,129 · program services $2,612 · management and general $1,083 · fundraising $434

  • 22 · Depreciation, depletion and amortization

    total $8,046 · program services $4,828 · management and general $1,609 · fundraising $1,609

  • 23 · Insurance

    total $7,692 · program services $2,131 · management and general $4,022 · fundraising $1,539

  • 24a · Other expenses: Dues/Subscriptions

    total $343 · program services $103 · management and general $137 · fundraising $103

  • 24b · Other expenses: Event Expenses

    total $1,007 · program services $705 · management and general $302 · fundraising $0

  • 24c · Other expenses: Capacity Building

    total $69,000 · program services $69,000 · management and general $0 · fundraising $0

  • 24d · Other expenses: Continuing Education

    total $376 · program services $301 · management and general $0 · fundraising $75

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $24,815 · end of year $60,373

  • 2 · Savings and temporary cash investments

    beginning of year $580,538 · end of year $51,360

  • 4 · Accounts receivable

    beginning of year $62,511 · end of year $529

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,194 · end of year $3,734

  • 10a · Land, buildings and equipment: cost or other basis

    $44,506

  • 10b · Land, buildings and equipment: accumulated depreciation

    $44,506

  • 10c · Land, buildings and equipment, net

    beginning of year $8,046 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $13,312,207 · end of year $11,275,520

  • 17 · Accounts payable and accrued expenses

    beginning of year $50,182 · end of year $41,388

  • 18 · Grants payable

    beginning of year $470,077

  • 27 · Net assets without donor restrictions

    beginning of year $12,949,769 · end of year $10,836,345

  • 28 · Net assets with donor restrictions

    beginning of year $521,283 · end of year $513,783

Mission and programs · 2022

Mission

Improving health and well-being for those living in westernmost North Carolina.

  • Nantahala Health Foundation (NHF) works to improve the health and well-being for those living in westernmost North Carolina, serving a total population of just over 150,000 individuals in a region made up of six counties and the Qualla Boundary. NHF offers grants and capacity building opportunities to organizations that are working to address the social determinants of health, including Health and Healthcare, Education, and Economic Stability. Grantmaking/Capacity Building in Health and Healthcare included investments in access to healthcare totaling $135,000 Grantmaking/Capacity Building in Education included investments adult continuing education to strengthen our healthcare workforce totaling $25,000. Grantmaking/Capacity Building in Economic Security included investments in economic development, housing stability and safety, and access to transportation totaling more than $234,000.

    Expenses $563,566 · Grants $394,500

  • Additional investments of $69,000 were mobilized to develop and initiate a region-specific leadership program to support capacity building for our network of partners.

    Expenses $69,000

As filed on the 2022 return.

Listed in Part VII

  • Lori A Bailey

    Executive Director

    Total calculated
    $117,921
    From this org
    $105,045
    From related orgs
    $0
    Other
    $12,876
    Hours/week
    40

  • David Garrett

    Chairperson

    Total calculated
    $0
    Hours/week
    2

  • Lisa Leatherman

    Vice-Chairperson

    Total calculated
    $0
    Hours/week
    1

  • Alison Cochran

    Treasurer

    Total calculated
    $0
    Hours/week
    2

  • Angie Knight

    Secretary

    Total calculated
    $0
    Hours/week
    2

  • Ollin Dunford

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Jane C Kimsey

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Debbie Mauney

    Board Member

    Total calculated
    $0
    Hours/week
    2

  • Barbara Parker

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Roger Plemens

    Board Member

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
14 June 2023
IRS schema version
2022v5.0
Source object
202341669349301319

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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