ADULT ENRICHMENT SERVICES OF WILKES

EIN: 201935379 501(c)(3) Human Services

NORTH WILKESBORO, NC

Total Revenue
$869,942
Total Expenses
$713,558
Total Assets
$2,111,666
Net Assets
$1,957,064
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
NC
Principal Officer
BRIAN PIERCE
Phone
3366672541
Tax Period
2024-01-01 to 2024-12-31

ADULT ENRICHMENT SERVICES OF WILKES, founded in 2004, is a small nonprofit in the Human Services sector that reported $870K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $156K, a strong 18% operating margin.

Mission

TO PROVIDE ADULT DAY HEALTH SERVICES IN A SAFE, ENRICHING ATMOSPHERE. PARTICIPANTS WILL BE CARED FOR WITH DIGNITY, COMPASSION, AND ACCEPTANCE BY AN EXCEPTIONAL STAFF DEDICATED TO MEETING THEIR NEEDS.

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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 $317,471
Program Service Revenue $438,930
Investment Income $113,541
Other Revenue $0
TOTAL REVENUE $869,942

Expense Breakdown

Grants Paid $0
Salaries & Benefits $480,498
Fundraising Expenses $2,015
Program Expenses $595,905
Other Expenses $233,060
TOTAL EXPENSES $713,558

Year-over-Year Comparison

2024 2023 Change
Revenue $869,942 $716,669 +0.2%
Expenses $713,558 $643,056 +0.1%
Net Income $156,384 $73,613 +1.1%
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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Governance

Voting Members
14
Independent Members
14
Employees
11
Volunteers
N/A

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
4
$75,796
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER SNIDER EXECUTIVE DI 40.00
Officer
$75,796 $0 $75,796
ANN ABSHER BOARD MEMBER 5.00
Director
$0 $0 $0
JANET DERICK BOARD MEMBER 5.00
Director
$0 $0 $0
LYNN DURCHMAN BOARD MEMBER 5.00
Director
$0 $0 $0
BEBE HENNESSY BOARD MEMBER 5.00
Director
$0 $0 $0
SHELMER BLACKBURN JR BOARD MEMBER 5.00
Director
$0 $0 $0
NATHANIEL MOREFIELD BOARD MEMBER 5.00
Director
$0 $0 $0
DEBBIE MOSER VICE PRESIDE 10.00
Officer Director
$0 $0 $0
BRIAN PIERCE SECRETARY 10.00
Officer Director
$0 $0 $0
JENNY RICHARDSON PRESIDENT 10.00
Director
$0 $0 $0
LARRY SMITH BOARD MEMBER 5.00
Director
$0 $0 $0
JAMES STURDIVANT TREASURER 10.00
Officer Director
$0 $0 $0
CHRIS WALTERS BOARD MEMBER 5.00
Director
$0 $0 $0
REBECCA WILSON BOARD MEMBER 5.00
Director
$0 $0 $0
GARY YORK BOARD MEMBER 5.00
Director
$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 $869,942 $713,558 $2,111,666 $156,384
2023 $716,669 $643,056 $1,989,465 $73,613
2022 $552,262 $540,401 $1,905,335 $11,861
2021 $698,967 $482,976 $1,749,093 $215,991
2020 $471,419 $460,480 $1,527,062 $10,939
2019 $548,444 $525,859 $1,530,837 $22,585
2018 $575,858 $494,505 $1,501,257 $81,353
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