ASHEVILLE BUNCOMBE INSTITUE OF PARITY ACHIEVEMENT

EIN: 200937410 501(c)(3) Health Care

ASHEVILLE, NC

Total Revenue
$1,740,739
Total Expenses
$1,584,189
Total Assets
$159,650
Net Assets
$142,069
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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
NC
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

Program Service Accomplishments

Program 1
Expenses: $1,417,559 Revenue: $1,740,739

DURING 2008, THE ORGANIZATION INITIATED PROGRAMS TO REDUCE HEALTH DISPARITIES AMONG MINORITIES BY FACILIATING ACCESS TO HEALTHCARE AND PROVIDING ACCESS TO HEALTH EDUCATION IN BUNCOMBE COUNTY, NC

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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%)

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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

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Governance

Voting Members
5
Independent Members
5
Employees
6
Volunteers
10

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
6
$121,500
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
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 No data No data No data No data
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
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