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Nonprofiteer
← NANTAHALA HEALTH FOUNDATION

Form 990 for tax year 2024

Filed by NANTAHALA HEALTH FOUNDATION.

Totals

Total revenue
$733,172
Total expenses
$872,049
Contributions and grants received
$209,714
Grants paid
$440,628
Program service revenue
$6,000
Investment income
$517,458
Other revenue
$0
Total assets, end of year
$12,782,389
Total liabilities, end of year
$58,714
Net assets or fund balances, end of year
$12,723,675
Program services expenses (Part IX)
$683,123
Management and general expenses
$147,716
Fundraising expenses
$41,210
Program service expenses (Part III)
$683,123

Program services were 78.3% 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

    $209,714

  • 2a · Program service revenue: Program Revenue

    total $6,000 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $356,407 · unrelated business $0 · excluded $356,407

  • 7a · Gross sales of assets other than inventory

    securities $161,051

  • 7c · Gain or loss

    securities $161,051

  • 7d · Net gain or loss

    total $161,051 · related or exempt $0 · unrelated business $0 · excluded $161,051

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $440,628 · program services $440,628

  • 5 · Compensation of officers, directors and key employees

    total $127,941 · program services $89,559 · management and general $19,191 · fundraising $19,191

  • 7 · Other salaries and wages

    total $65,292 · program services $45,705 · management and general $9,794 · fundraising $9,793

  • 8 · Pension plan contributions

    total $1,795 · program services $1,256 · management and general $270 · fundraising $269

  • 9 · Other employee benefits

    total $11,884 · program services $8,319 · management and general $1,783 · fundraising $1,782

  • 10 · Payroll taxes

    total $15,419 · program services $10,793 · management and general $2,313 · fundraising $2,313

  • 11b · Fees: legal

    total $2,430 · program services $0 · management and general $2,430 · fundraising $0

  • 11c · Fees: accounting

    total $18,510 · program services $0 · management and general $18,510 · fundraising $0

  • 11f · Fees: investment management

    total $81,047 · program services $0 · management and general $81,047 · fundraising $0

  • 12 · Advertising and promotion

    total $1,379 · program services $552 · management and general $138 · fundraising $689

  • 13 · Office expenses

    total $8,278 · program services $5,244 · management and general $1,667 · fundraising $1,367

  • 14 · Information technology

    total $11,483 · program services $7,744 · management and general $2,786 · fundraising $953

  • 16 · Occupancy

    total $14,744 · program services $10,321 · management and general $2,212 · fundraising $2,211

  • 17 · Travel

    total $2,614 · program services $1,830 · management and general $492 · fundraising $292

  • 23 · Insurance

    total $8,540 · program services $2,299 · management and general $4,562 · fundraising $1,679

  • 24a · Other expenses: Dues/Subscriptions

    total $1,303 · program services $391 · management and general $521 · fundraising $391

  • 24b · Other expenses: Continuing Education

    total $350 · program services $70 · management and general $0 · fundraising $280

  • 24c · Other expenses: Capacity Building

    total $58,412 · program services $58,412 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $31,225 · end of year $94,066

  • 2 · Savings and temporary cash investments

    beginning of year $100,693 · end of year $151,097

  • 3 · Pledges and grants receivable

    beginning of year $68,837

  • 4 · Accounts receivable

    beginning of year $111 · end of year $112

  • 9 · Prepaid expenses and deferred charges

    beginning of year $4,380 · end of year $3,836

  • 11 · Investments: publicly traded securities

    beginning of year $12,089,030 · end of year $12,533,278

  • 17 · Accounts payable and accrued expenses

    beginning of year $39,561 · end of year $31,214

  • 18 · Grants payable

    end of year $27,500

  • 27 · Net assets without donor restrictions

    beginning of year $11,703,432 · end of year $12,160,076

  • 28 · Net assets with donor restrictions

    beginning of year $551,283 · end of year $563,599

Mission and programs · 2024

Mission

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

Activities or mission (Part I)

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

  • 1. Grantmaking-Youth and Young Adult Wellbeing NHF provided grants and capacity-building opportunities to organizations focused on improving the wellbeing of youth and young adults in Western North Carolina. These initiatives aimed to address key social determinants of health, including access to education and economic stability. The program supported various projects that enhanced educational opportunities, provided mental health services, and promoted healthy lifestyles among young people.

    Expenses $683,123 · Grants $440,628 · Revenue $6,000

  • 2. Grantmaking-Increased Senior Adult Food Security NHF allocated funds to increase food security among senior adults in the region. This program aimed to ensure that older adults had access to nutritious food, thereby improving their overall health and wellbeing. 3. Grantmaking-Disaster Response and Recovery Efforts Following Hurricane Helene In response to Hurricane Helene, NHF provided grants and capacity-building support to organizations involved in disaster response and recovery. These efforts included providing emergency housing options, support for housing restoration, ensuring safety for children whose families were impacted by the storm, providing emergency food and other supplies, support for farmers and local food systems, and offering mental health and recovery services to affected individuals. The program aimed to restore stability and improve the resilience of the impacted communities.

  • 4. Leadership Program for Capacity Building NHF invested in the development and facilitation of a region-specific leadership program designed to support capacity building for its network of partners. This program focused on enhancing leadership skills, fostering collaboration, and promoting sustainable development within the community. The initiative included workshops/training sessions, and peer learning opportunities.

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

Listed in Part VII

  • Lori A Bailey

    Executive Director

    Total calculated
    $127,942
    From this org
    $113,033
    From related orgs
    $0
    Other
    $14,909
    Hours/week
    40
  • Lisa Leatherman

    Chairperson

    Total calculated
    $0
    Hours/week
    1.5
  • Roger Plemens

    Vice-Chairperson

    Total calculated
    $0
    Hours/week
    1
  • Jane Kimsey

    Treasurer

    Total calculated
    $0
    Hours/week
    1.5
  • Clarissa Ashe

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Ollin Dunford

    Board Member

    Total calculated
    $0
    Hours/week
    2
  • David Garrett

    Board Member

    Total calculated
    $0
    Hours/week
    2
  • Samantha Bradley

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Ann Lukens

    Board Member

    Total calculated
    $0
    Hours/week
    1.5
  • Debbie Mauney

    Board Member

    Total calculated
    $0
    Hours/week
    2
  • Paul Worley

    Board Member

    Total calculated
    $0
    Hours/week
    2
  • Latesha Wiggins

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Alison Cochran

    Board Member

    Total calculated
    $0
    Hours/week
    1

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
2024
Filed
8 July 2025
IRS schema version
2024v5.2
Source object
202511899349301331

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

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