Totals
- Total revenue
- $527,496
- Total expenses
- $2,128,118
- Contributions and grants received
- $332,132
- Grants paid
- $1,676,512
- Program service revenue
- $0
- Investment income
- $194,896
- Other revenue
- $468
- Total assets, end of year
- $10,601,716
- Total liabilities, end of year
- $1,118,525
- Net assets or fund balances, end of year
- $9,483,191
- Program services expenses (Part IX)
- $1,739,154
- Management and general expenses
- $159,591
- Fundraising expenses
- $229,373
- Program service expenses (Part III)
- $1,739,154
Program services were 81.7% 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.
-
1f · All other contributions, gifts and grants
$332,132
-
3 · Investment income
total $404,988 · excluded $404,988
-
6a · Gross rents
real property $2,600
-
6b · Less rental expenses
real property $2,132
-
6c · Rental income or loss
real property $468
-
6d · Net rental income or loss
total $468 · excluded $468
-
7a · Gross sales of assets other than inventory
securities $2,205,908
-
7b · Less cost or other basis and sales expenses
securities $2,416,000
-
7c · Gain or loss
securities -$210,092
-
7d · Net gain or loss
total -$210,092 · excluded -$210,092
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,676,512 · program services $1,676,512
-
5 · Compensation of officers, directors and key employees
total $161,625 · management and general $40,406 · fundraising $121,219
-
7 · Other salaries and wages
total $111,209 · program services $51,715 · management and general $14,874 · fundraising $44,620
-
9 · Other employee benefits
total $20,643 · program services $6,980 · management and general $3,415 · fundraising $10,248
-
10 · Payroll taxes
total $19,734 · program services $3,947 · management and general $3,947 · fundraising $11,840
-
11b · Fees: legal
total $1,929 · management and general $482 · fundraising $1,447
-
11c · Fees: accounting
total $20,420 · management and general $20,420
-
11f · Fees: investment management
total $62,714 · management and general $62,714
-
11g · Fees: other
total $10,487 · management and general $2,622 · fundraising $7,865
-
12 · Advertising and promotion
total $4,964 · management and general $1,241 · fundraising $3,723
-
13 · Office expenses
total $20,708 · management and general $5,176 · fundraising $15,532
-
14 · Information technology
total $12,579 · management and general $3,145 · fundraising $9,434
-
17 · Travel
total $2,635 · management and general $659 · fundraising $1,976
-
23 · Insurance
total $1,959 · management and general $490 · fundraising $1,469
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $743,180 · end of year $79,538
-
2 · Savings and temporary cash investments
beginning of year $1,339,225 · end of year $2,201,780
-
3 · Pledges and grants receivable
beginning of year $108,890 · end of year $8,297
-
4 · Accounts receivable
beginning of year $813 · end of year $10,489
-
9 · Prepaid expenses and deferred charges
beginning of year $9,377 · end of year $8,846
-
10a · Land, buildings and equipment: cost or other basis
$1,093,046
-
10c · Land, buildings and equipment, net
end of year $1,093,046
-
11 · Investments: publicly traded securities
beginning of year $10,417,957 · end of year $7,193,746
-
15 · Other assets
beginning of year $300,000 · end of year $5,974
-
17 · Accounts payable and accrued expenses
beginning of year $10,118 · end of year $419,690
-
23 · Secured mortgages and notes payable
end of year $692,784
-
25 · Other liabilities
end of year $6,051
-
27 · Net assets without donor restrictions
beginning of year $11,709,324 · end of year $8,983,191
-
28 · Net assets with donor restrictions
beginning of year $1,200,000 · end of year $500,000
Mission and programs · 2022
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 1,676,512 IN FINANCIAL SUPPORT TO VARIOUS COMMUNITY ORGANIZATIONS FOR OPERATIONAL AND CAPITAL NEEDS. SEE 990 SCHEDULE I FOR DETAILS.
Expenses $1,739,154 · Grants $1,676,512
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
John BlackburnJOHN BLACKBURN
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Starli McDowellSTARLI MCDOWELL
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
John HartomJOHN HARTOM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Barbara MiddletonBARBARA MIDDLETON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John MillerJOHN MILLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth ShultzELIZABETH SHULTZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Brenda SparksBRENDA SPARKS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Luke HoweLUKE HOWE
EXECUTIVE DI
- Total calculated
- $161,625
- From this org
- $147,366
- From related orgs
- $0
- Other
- $14,259
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $147,366
- Bonus
- not reported
- Other
- not reported
- Deferred
- $7,200
- Nontaxable benefits
- $7,059
- Filer's total
- $161,625
-
Caitlin Trew-JohnsonCAITLIN TREW-JOHNSON
ASSOCIATE DI
- Total calculated
- $124,909
- From this org
- $104,041
- From related orgs
- $0
- Other
- $20,868
- 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
-
$275,000
CRITICAL HOME REPAIR
-
$69,739
COVID-19
-
$50,000
FAMILY RESILIENCE
-
AVERY COUNTY SCHOOLS
$50,000
FAMILY RESILIENCE
-
$50,000
CAPACITY BUILDING
-
NUTRITION PROGRAMS
-
$46,074
CAPACITY BUILDING
-
DIG IN YANCEY COMMUNITY GARDEN
$39,540
STAFF POSITIONS
-
FAMILY RESILIENCE
-
$22,000
GENERAL
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 3 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202312769349300141
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.