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Nonprofiteer
← AMY WELLNESS FOUNDATION

Form 990 for tax year 2024

Filed by AMY WELLNESS FOUNDATION.

Totals

Total revenue
$3,308,017
Total expenses
$3,021,386
Contributions and grants received
$2,810,777
Grants paid
$2,368,017
Program service revenue
$0
Investment income
$452,323
Other revenue
$44,917
Total assets, end of year
$10,520,955
Total liabilities, end of year
$31,802
Net assets or fund balances, end of year
$10,489,153
Program services expenses (Part IX)
$2,541,854
Management and general expenses
$197,116
Fundraising expenses
$282,416
Program service expenses (Part III)
$2,541,854

Program services were 84.1% 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

    $2,810,777

  • 3 · Investment income

    total $240,834 · excluded $240,834

  • 6a · Gross rents

    real property $62,825

  • 6b · Less rental expenses

    real property $17,908

  • 6c · Rental income or loss

    real property $44,917

  • 6d · Net rental income or loss

    total $44,917 · excluded $44,917

  • 7a · Gross sales of assets other than inventory

    securities $3,317,455

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

    securities $3,105,966

  • 7c · Gain or loss

    securities $211,489

  • 7d · Net gain or loss

    total $211,489 · excluded $211,489

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,368,017 · program services $2,368,017

  • 5 · Compensation of officers, directors and key employees

    total $153,913 · management and general $38,478 · fundraising $115,435

  • 7 · Other salaries and wages

    total $199,655 · program services $67,136 · management and general $33,130 · fundraising $99,389

  • 8 · Pension plan contributions

    total $13,140 · program services $2,628 · management and general $2,628 · fundraising $7,884

  • 9 · Other employee benefits

    total $12,386 · program services $6,055 · management and general $1,583 · fundraising $4,748

  • 10 · Payroll taxes

    total $26,943 · program services $5,389 · management and general $5,389 · fundraising $16,165

  • 11b · Fees: legal

    total $2,949 · program services $2,949

  • 11c · Fees: accounting

    total $26,140 · management and general $26,140

  • 11f · Fees: investment management

    total $74,761 · management and general $74,761

  • 11g · Fees: other

    total $14,911 · management and general $3,728 · fundraising $11,183

  • 12 · Advertising and promotion

    total $8,770 · management and general $2,193 · fundraising $6,577

  • 13 · Office expenses

    total $22,881 · program services $3,089 · management and general $4,949 · fundraising $14,843

  • 14 · Information technology

    total $5,292 · management and general $1,323 · fundraising $3,969

  • 17 · Travel

    total $3,046 · management and general $2,316 · fundraising $730

  • 20 · Interest

    total $25,983 · program services $25,983

  • 22 · Depreciation, depletion and amortization

    total $60,608 · program services $60,608

  • 23 · Insurance

    total $1,991 · management and general $498 · fundraising $1,493

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $61,178 · end of year $53,903

  • 2 · Savings and temporary cash investments

    beginning of year $1,785,887 · end of year $1,377,607

  • 3 · Pledges and grants receivable

    beginning of year $65,776 · end of year $270,000

  • 4 · Accounts receivable

    beginning of year $7,747 · end of year $28,556

  • 9 · Prepaid expenses and deferred charges

    beginning of year $11,480 · end of year $14,227

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

    $1,615,671

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

    $80,811

  • 10c · Land, buildings and equipment, net

    beginning of year $1,595,468 · end of year $1,534,860

  • 11 · Investments: publicly traded securities

    beginning of year $6,427,744 · end of year $7,241,009

  • 12 · Investments: other securities

    beginning of year $560,675

  • 15 · Other assets

    beginning of year $10,416 · end of year $793

  • 17 · Accounts payable and accrued expenses

    beginning of year $27,073 · end of year $31,802

  • 23 · Secured mortgages and notes payable

    beginning of year $567,861

  • 25 · Other liabilities

    beginning of year $3,172

  • 27 · Net assets without donor restrictions

    beginning of year $9,833,265 · end of year $8,709,414

  • 28 · Net assets with donor restrictions

    beginning of year $95,000 · end of year $1,779,739

Mission and programs · 2024

Mission

TO IMPROVE THE HEALTH AND WELL-BEING OF THE PEOPLE IN WESTERN NORTH CAROLINA, WITH PARTICULAR EMPHASIS ON THOSE LIVING IN AVERY, MITCHELL, AND YANCEY COUNTIES. IN DOING SO, THE FOUNDATION WILL MAKE GRANTS TO ELIGIBLE ORGANIZATIONS THAT WORK TO IMPROVE THE HEALTH AND WELL-BEING OF THE PEOPLE IN THOSE AREAS.

Activities or mission (Part I)

RAISE FUNDS FOR COMMUNITY SUPPORT

  • CONTINUING MANY PROGRAMS FROM THE PRIOR YEAR, THE ORGANIZATION PROVIDED AN ADDITIONAL 2,368,017 IN FINANCIAL SUPPORT TO VARIOUS COMMUNITY ORGANIZATIONS FOR OPERATIONAL AND CAPITAL NEEDS. AMYWF PROVIDED EMERGENCY RESPONSE RELIEF FOR AVERY, MITCHELL, AND YANCEY COUNTIES. SEE 990 SCHEDULE I FOR DETAILS.

    Expenses $2,541,854 · Grants $2,368,017

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

Listed in Part VII

  • Starli McDowell

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • John Miller

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • John Blackburn

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Brenda Howell-Sparks

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Barbara Middleton

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • John Hartom

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Lisa Shultz

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Luke Howe

    EXECUTIVE DI

    Total calculated
    $153,913
    From this org
    $144,000
    From related orgs
    $0
    Other
    $9,913
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,000
    Bonus
    not reported
    Other
    not reported
    Deferred
    $7,200
    Nontaxable benefits
    $2,713
    Filer's total
    $153,913

  • Caitlin Trew-Johnson

    ASSOCIATE DI

    Total calculated
    $126,774
    From this org
    $118,800
    From related orgs
    $0
    Other
    $7,974
    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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

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

Provenance

Return type
form_990
Tax year
2024
Filed
31 July 2025
IRS schema version
2024v5.0
Source object
202542189349300824

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

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