Franklin, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Folk Heritage Association of Macon County, founded in 2005, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $72K in total revenue in fiscal year 2024. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $233K exceeded revenue, resulting in a 224% operating deficit.
The Folk Heritage Associations mission is to provide living history experiences and to preserve the heritage of Macon County for generations to come. Our main projects include the Womens History Trail, WHT Sculpture Project, Macon Matriarch, and other heritage related activitie
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $71,843 | $115,613 | -0.4% |
| Expenses | $233,130 | $144,104 | +0.6% |
| Net Income | $-161,287 | $-28,491 | +4.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Claire Suminski | Director WHT Leadership | 5.00 |
Director
|
$0 | $0 | $0 |
| Keith Bowers | Board of Directors | 1.00 |
Director
|
$0 | $0 | $0 |
| Jenny Collins | Board of Directors | 1.00 |
Director
|
$0 | $0 | $0 |
| Matt Corbin | Board of Directors | 1.00 |
Director
|
$0 | $0 | $0 |
| Claudette Dillard | Board of Directors | 1.00 |
Director
|
$0 | $0 | $0 |
| Mary Polanski | Board of Directors | 1.00 |
Director
|
$0 | $0 | $0 |
| Kirk Mathis | Board of Directors | 1.00 |
Director
|
$0 | $0 | $0 |
| Bethany McCall | Board of Directors | 1.00 |
Director
|
$0 | $0 | $0 |
| Mia Overton | Board of Directors | 1.00 |
Director
|
$0 | $0 | $0 |
| Evelyn Southard | Board of Directors | 1.00 |
Director
|
$0 | $0 | $0 |
| Joey Gibson | Board of Directors | 1.00 |
Director
|
$0 | $0 | $0 |
| Anne Hyder | Chairperson Executive Board WHT L | 8.00 |
Officer
|
$0 | $0 | $0 |
| Theresa Ramsey | Treasurer Executive Board WHT Lea | 6.00 |
Officer
|
$0 | $0 | $0 |
| Becky Barr | Secretary Executive Board | 3.00 |
Officer
|
$0 | $0 | $0 |
| Marty Greeble | Vice-Chair WHT Co-Chair Executive | 5.00 |
Officer
|
$0 | $0 | $0 |
| Mark West | Director Member-at-large Executiv | 1.00 |
Officer
|
$0 | $0 | $0 |
| Sherry Miller | Director Member-at-large Executive | 2.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $71,843 | $233,130 | $77,291 | $-161,287 |
| 2023 | $115,613 | $144,104 | $238,578 | $-28,491 |
| 2022 | $18,181 | $87,021 | $267,069 | $-68,840 |
| 2021 | $283,185 | $75,646 | $335,909 | $207,539 |
Compare Folk Heritage Association of Macon County with other nonprofits in North Carolina and across the country.