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Nonprofiteer
← VERNER

Form 990 for tax year 2024

Filed by VERNER.

Totals

Total revenue
$5,698,576
Total expenses
$5,808,868
Contributions and grants received
$4,813,705
Grants paid
$8,813
Program service revenue
$792,447
Investment income
$69,646
Other revenue
$22,778
Total assets, end of year
$5,107,906
Total liabilities, end of year
$450,797
Net assets or fund balances, end of year
$4,657,109
Program services expenses (Part IX)
$3,931,676
Management and general expenses
$1,693,730
Fundraising expenses
$183,462
Program service expenses (Part III)
$3,931,676

Program services were 67.7% 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.

  • 1c · Fundraising events

    $25,950

  • 1e · Government grants (contributions)

    $3,218,754

  • 1f · All other contributions, gifts and grants

    $1,569,001

  • 1g · Noncash contributions included above

    $327,832

  • 2a · Program service revenue: TUITION AND FEES

    total $792,447 · related or exempt $792,447

  • 3 · Investment income

    total $31,618 · excluded $31,618

  • 7a · Gross sales of assets other than inventory

    securities $38,028

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $38,028

  • 7d · Net gain or loss

    total $38,028 · excluded $38,028

  • 8a · Fundraising events: gross income

    $16,511

  • 8a · Fundraising events: contributions included on line 1c

    $25,950

  • 8b · Fundraising events: direct expenses

    $26,398

  • 8c · Net income from fundraising events

    total -$9,887 · excluded -$9,887

  • 11a · Other revenue: OTHER INCOME

    total $32,665 · related or exempt $32,665

  • 11e · Other revenue, total

    $32,665

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $8,813 · program services $8,813

  • 5 · Compensation of officers, directors and key employees

    total $82,344 · program services $63,717 · management and general $15,954 · fundraising $2,673

  • 7 · Other salaries and wages

    total $3,568,027 · program services $2,753,450 · management and general $684,067 · fundraising $130,510

  • 9 · Other employee benefits

    total $309,172 · program services $201,308 · management and general $92,068 · fundraising $15,796

  • 10 · Payroll taxes

    total $280,330 · program services $217,461 · management and general $53,355 · fundraising $9,514

  • 11c · Fees: accounting

    total $28,556 · management and general $28,556

  • 12 · Advertising and promotion

    total $8,999 · management and general $8,966 · fundraising $33

  • 13 · Office expenses

    total $36,902 · program services $17,792 · management and general $15,966 · fundraising $3,144

  • 16 · Occupancy

    total $77,669 · program services $2,415 · management and general $75,254

  • 17 · Travel

    total $13,696 · program services $9,129 · management and general $3,053 · fundraising $1,514

  • 19 · Conferences, conventions and meetings

    total $67,336 · program services $5,420 · management and general $59,279 · fundraising $2,637

  • 20 · Interest

    total $12,851 · management and general $12,851

  • 22 · Depreciation, depletion and amortization

    total $224,966 · management and general $224,966

  • 23 · Insurance

    total $44,051 · management and general $44,051

  • 24a · Other expenses: IN KIND

    total $327,832 · program services $327,832

  • 24b · Other expenses: FOOD SERVICE SUPPLIES

    total $189,124 · program services $188,619 · fundraising $505

  • 24c · Other expenses: OUTSOURCED SERVICES

    total $183,564 · program services $18,310 · management and general $156,235 · fundraising $9,019

  • 24d · Other expenses: REPAIRS & MAINTENENCE

    total $111,734 · program services $2,785 · management and general $108,949

  • 24e · All other expenses

    total $232,902 · program services $114,625 · management and general $110,160 · fundraising $8,117

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $34,433 · end of year $277,389

  • 2 · Savings and temporary cash investments

    beginning of year $484,541 · end of year $326,686

  • 3 · Pledges and grants receivable

    beginning of year $191,051 · end of year $169,560

  • 4 · Accounts receivable

    beginning of year $43,771 · end of year $24,094

  • 8 · Inventories for sale or use

    beginning of year $2,839 · end of year $2,838

  • 9 · Prepaid expenses and deferred charges

    beginning of year $13,500 · end of year $17,917

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

    $6,157,262

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

    $2,750,444

  • 10c · Land, buildings and equipment, net

    beginning of year $3,492,337 · end of year $3,406,818

  • 12 · Investments: other securities

    beginning of year $781,749 · end of year $834,830

  • 14 · Intangible assets

    beginning of year $854 · end of year $544

  • 15 · Other assets

    beginning of year $0 · end of year $47,230

  • 17 · Accounts payable and accrued expenses

    beginning of year $270,595 · end of year $353,468

  • 23 · Secured mortgages and notes payable

    beginning of year $49,318 · end of year $97,329

  • 27 · Net assets without donor restrictions

    beginning of year $3,787,414 · end of year $3,362,386

  • 28 · Net assets with donor restrictions

    beginning of year $937,748 · end of year $1,294,723

Mission and programs · 2024

Mission

VERNER DELIVERS HIGH-QUALITY EDUCATIONAL AND RELATIONSHIP-BASED LEARNING ENVIRONMENTS (FROM PRENATAL TO PRE-KINDERGARTEN), WHERE EVERY INDIVIDUAL (CHILD, FAMILY, STAFF, AND FACULTY MEMBER) IS VALUED AND RESPECTED. OUR PROGRAMMING IS COMPREHENSIVE, CULTURALLY MEANINGFUL, RESILIENCY-FOCUSED, TRAUMA-RESPONSIVE, AND CHILD- AND FAMILY-CENTERED. WE CONNECT WITH FAMILIES AND EARLY EDUCATION PARTNERS TO PROVIDE INTEGRATED SERVICES. WE SUPPORT FAMILY WELL-BEING THROUGHOUT A CHILD'S DEVELOPMENT, SO OUR WHOLE COMMUNITY CAN LEAD HEALTHY, HAPPY, AND PRODUCTIVE LIVES.

Activities or mission (Part I)

TO FOSTER HOLISTIC LEARNING ENVIRONMENTS WHERE YOUNG CHILDREN AND FAMILIES THRIVE.

  • HIGH QUALITY EARLY CARE AND EDUCATION IS PROVIDED TO A CAPACITY OF OVER 200 CHILDREN AGES 6 WEEKS TO 5 YEARS, 3/4 TIME TO FULL TIME (FIVE DAYS PER WEEK UP TO 9 HOURS PER DAY THROUGHOUT BUNCOMBE COUNTY IN TWO CENTERS).

    Expenses $2,976,768 · Grants $8,813 · Revenue $792,447

  • HOME VISITORS-VERNER OFFERS HOME VISITING PROGRAM FOR EXPECTANT FAMILIES AND YOUNG CHILDREN FROM BIRTH TO THREE YEARS AS PART OF EARLY HEAD START. APPROXIMATELY 66 LOW-INCOME FAMILIES ARE SERVED ANNUALLY THROUGHOUT BUNCOMBE COUNTY.

    Expenses $521,786

  • PROVIDE PROPER NUTRITION FOR THE CHILDREN IN THE CHILDCARE AND EARLY HEADSTART PROGRAMS THROUGH AN AWARD WINNING "RAINBOW IN MY TUMMY" PROGRAM.

    Expenses $433,122

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Christine Malloy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Angie Williford

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Grace Hall

    CHAIR

    Total calculated
    $0
    Hours/week
    3

  • Dolly Mullen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Emily Munn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Linda Hobson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Susanne Walker Wilson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Brandon Oliver

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Barry Kampe

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Betsy Ervin

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    3

  • Sara Duncan Boots

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Kateri Fletes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Judy Van Horne

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Rosario Villarreal

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Danithza Baker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Adarrell Gadsden

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Marcia Whitney

    PRESIDENT AND CEO

    Total calculated
    $112,993
    From this org
    $112,993
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
24 March 2026
IRS schema version
2024v5.5
Source object
202600939349300520

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

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