ASHEVILLE BUNCOMBE INSTITUE OF PARITY ACHIEVEMENT (EIN 200937410) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

JEWANA MEACHIN

Phone

8282518364

Tax Period

2024-01-01 to 2024-12-31

ASHEVILLE BUNCOMBE INSTITUE OF PARITY ACHIEVEMENT, founded in 2004, is a community nonprofit in the Health Care sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 160% from the prior year, signaling strong growth momentum. Expenses of $1.6M left a modest 9% surplus.

Mission

ABIPA PROMOTES ECONOMIC, SOCIAL AND HEALTH PARITY ACHIEVEMENT FOR AFRICAN AMERICAN AND OTHER PEOPLE OF COLOR IN BUNCOMBE COUNTY THROUGH ADVOCACY, EDUCATION

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,740,739

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,740,739

Expense Breakdown

Grants Paid $0

Salaries & Benefits $332,165

Fundraising Expenses $0

Program Expenses $1,417,559

Other Expenses $1,252,024

TOTAL EXPENSES $1,584,189

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,740,739	$668,786	+1.6%
Expenses	$1,584,189	$739,262	+1.1%
Net Income	$156,550	$-70,476	-3.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$121,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEWANA G MCEACHIN	EXECUTIVE DIRECTOR	50.00	Officer	$121,500	$0	$121,500
JIM PITTS PHD	PRESIDENT	2.00	Officer	$0	$0	$0
FLORENCE MAYBERRY	SECRETARY	2.00	Officer	$0	$0	$0
EARL A BROWN	TREASURER	6.00	Officer	$0	$0	$0
DR LARRY ROSENBERG MD PHD	BOARD MEMBER	2.00	Officer	$0	$0	$0
FRANK CASTELBLANCO	BOARD MEMBER	2.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$1,740,739	$1,584,189	$159,650	$156,550
2023	$668,786	$739,262	$38,716	$-70,476
2022	$425,432	$599,669	$87,146	$-174,237
2022	$402,343	$597,669	$66,632	$-195,326
2021	$665,533	$592,967	$238,481	$72,566
2020	$556,959	$472,449	No data	$84,510
2019	$392,766	$328,894	$91,416	$63,872
2018	$241,486	$252,871	No data	$-11,385

ASHEVILLE BUNCOMBE INSTITUE OF PARITY ACHIEVEMENT