ASHE SERVICES FOR AGING FOUNDATION INC

EIN: 202998452 501(c)(3) Human Services

WEST JEFFERSON, NC

Total Revenue
$-9,660
Total Expenses
$56,908
Total Assets
$5,199,122
Net Assets
$-333,102
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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
2005
Legal Domicile
NC
Principal Officer
PATRICIA CALLOWAY
Phone
3362462461
Tax Period
2022-07-01 to 2023-06-30

ASHE SERVICES FOR AGING FOUNDATION INC, founded in 2005, is a micro nonprofit in the Human Services sector that reported $10K in total revenue in fiscal year 2022. Revenue fell 115% from the prior year — a significant decline worth monitoring.

Mission

TO IMPROVE THE HEALTH AND WELL-BEING OF THE ELDERLY AND DISABLED CITIZENS OF ASHE COUNTY.

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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 (2022)

Revenue Breakdown

Contributions & Grants $56,031
Program Service Revenue $0
Investment Income $2,529
Other Revenue $-68,220
TOTAL REVENUE $-9,660

Expense Breakdown

Grants Paid $37,110
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $37,110
Other Expenses $19,798
TOTAL EXPENSES $56,908

Year-over-Year Comparison

2022 2021 Change
Revenue $-9,660 $64,908 -1.1%
Expenses $56,908 $27,180 +1.1%
Net Income $-66,568 $37,728 -2.8%
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
11
Independent Members
11
Employees
N/A
Volunteers
11

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
$138,808
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD BLACKBURN DIRECTOR 0.25
Director
$0 $0 $0
CATHY YATES DIRECTOR 0.25
Director
$0 $0 $0
NANCY REEVES DIRECTOR 0.25
Director
$0 $0 $0
DANA COLVARD DIRECTOR 0.25
Director
$0 $0 $0
CLAY CHURCH DIRECTOR 0.25
Director
$0 $0 $0
JAK REEVES DIRECTOR 0.25
Director
$0 $0 $0
GARNER BLEVINS TREASURER 0.25
Officer Director
$0 $0 $0
JANE BANKS CHAIR 0.25
Officer Director
$0 $0 $0
RACHEL JOHNSTON DIRECTOR 0.25
Director
$0 $0 $0
DICK MCPHATTER DIRECTOR 0.25
Director
$0 $0 $0
SHANNON OLIVE DIRECTOR 0.25
Director
$0 $0 $0
PATRICIA CALLOWAY EXECUTIVE DIRECTOR OF ASA 1.00
Officer
$0 $5,645 $72,127
MARY OWEN FISCAL OFFICER OF ASA 1.00
Officer
$0 $5,645 $66,681
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $-9,660 $56,908 $5,199,122 $-66,568
2022 $64,908 $27,180 $5,374,895 $37,728
2021 $-13,240 $28,432 $5,419,869 $-41,672
2020 $-29,066 $5,348 $5,534,912 $-34,414
2019 $-39,218 $35,464 $5,644,518 $-74,682
2018 $-30,970 $47,797 $5,736,467 $-78,767
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