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)

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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 HELP SUSTAIN AND EXPAND SERVICES AND PROGRAMS OFFERED BY GENERATIONS ASHE THROUGH ADVOCACY AND FUNDRAISING ACTIVITIES; TO EDUCATE, CULTIVATE, INVOLVE, AND SOLICIT SUPPORT FROM THE ASHE COUNTY COMMUNITY REGARDING THE NEEDS OF OUR ELDERLY AND DISABLED CITIZENS TO ASSURE CONTINUED AND EXPANDED ACCESS TO VITAL SERVICES; AND TO PROMOTE THE WELLNESS, RESPECT, DIGNITY, INDEPENDENCE, HUMOR, AND SAFETY OF OUR ELDERLY AND DISABLED CITIZENS.

Program Service Accomplishments

Program 1
Expenses: $37,110

THE ANNUAL CAMPAIGN DURING THE FISCAL YEAR 21-22 RAISED FUNDS TO GO TOWARDS THE PURCHASE OF A NEW VAN FOR THE ADULT DAY HEALTH CENTER. DURING THE FISCAL YEAR 22-23 FUNDS WERE RAISED FOR UPGRADES FOR...

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THE ANNUAL CAMPAIGN DURING THE FISCAL YEAR 21-22 RAISED FUNDS TO GO TOWARDS THE PURCHASE OF A NEW VAN FOR THE ADULT DAY HEALTH CENTER. DURING THE FISCAL YEAR 22-23 FUNDS WERE RAISED FOR UPGRADES FOR THE SENIOR CENTER. FUNDS GRANTED TO GENERATIONS ASHE IN THE CURRENT YEAR ARE TO SUPPORT AND PROVIDE FUNDS FOR IMPROVING THE AESTHETICS OF THE HALLWAYS AND COMMON AREAS AS WELL A PROVIDING NEW OUTDOOR FURNITURE FOR THE RESIDENTS TO ENJOY.

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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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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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