APPALACHIAN HARDWOOD MANUFACTURERS INC

EIN: 310202520

HIGH POINT, NC

Total Revenue
$526,800
Total Expenses
$522,007
Total Assets
$566,375
Net Assets
$562,774
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1928
Legal Domicile
NC
Principal Officer
TOM INMAN
Phone
3368858315
Tax Period
2023-01-01 to 2023-12-31

APPALACHIAN HARDWOOD MANUFACTURERS INC, founded in 1928, is a small nonprofit that reported $527K in total revenue in fiscal year 2023.

Mission

THE ORGANIZATION BEGAN IN 1928 FOR THE PURPOSE OF PROMOTING THE UNIQUE QUALITIES OF HARDWOOD GROWN AND PRODUCED IN THE APPALACHIAN REGION OF THE UNITED STATES. EDUCATIONAL PROGRAMS TO SUPPORT SOUND FORESTRY PRACTICES, PROTECTION OF THE ENVIRONMENT AND THE USE OF APPALACHIAN HARDWOODS IN MANUFACTURING ARE FOCUSED ACTIVITIES. MEMBERSHIP IN THE ORGANIZATION IS OPEN TO PRODUCERS, DISTRIBUTORS, SUPPLIERS, FORESTERS AND INTERESTED CONSUMERS.

Program Service Accomplishments

Program 1

EXHIBITS, PROMOTIONAL MATERIALS FOR HARDWOOD MANUFACTURERS AT TRADE SHOWS, INFORMATIONAL SERVICES RE: HARDWOOD INDUSTRYEDUCATIONAL MEETINGS AND SEMINARS FOR MEMBERS AND RELATED HARDWOOD AND FORESTRY...

Read more

EXHIBITS, PROMOTIONAL MATERIALS FOR HARDWOOD MANUFACTURERS AT TRADE SHOWS, INFORMATIONAL SERVICES RE: HARDWOOD INDUSTRYEDUCATIONAL MEETINGS AND SEMINARS FOR MEMBERS AND RELATED HARDWOOD AND FORESTRY INDUSTRIES.

Program 2

PROMOTIONAL AND EDUCATIONAL MATERIALS RE:HARDWOOD INDUSTRY PROVIDED FOR MEMBERS, EDUCATIONAL UNITS, SCHOOLS, CIVIC AND FRATERNAL ORGANIZATIONS.

Program 3

SUPPORT OF OTHER HARDWOOD AND FORESTRY RELATED ORGANIZATIONS AND FOREST RELATED RESEARCH PROJECTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $509,147
Investment Income $17,653
Other Revenue $0
TOTAL REVENUE $526,800

Expense Breakdown

Grants Paid $0
Salaries & Benefits $219,373
Fundraising Expenses $0
Other Expenses $302,634
TOTAL EXPENSES $522,007

Year-over-Year Comparison

2023 2022 Change
Revenue $526,800 $509,005 +0.0%
Expenses $522,007 $477,978 +0.1%
Net Income $4,793 $31,027 -0.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
16
Independent Members
16
Employees
2
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
5
$159,234
Total Directors
17
$159,234
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOM INMAN President 40.00
Officer Director
$125,623 $33,611 $159,234
JAMIE COLEMAN Trustee 0.00
Director
$0 $0 $0
SCOTT CUMMINGS VICE CHAIR 0.00
Officer Director
$0 $0 $0
TONY HONEYCUTT Treasurer 0.00
Officer Director
$0 $0 $0
JOE PRYOR Trustee 0.00
Director
$0 $0 $0
DEAN ALANKO Trustee 0.00
Director
$0 $0 $0
ANDY NUFFER Trustee 0.00
Director
$0 $0 $0
JEFF GOWDER Trustee 0.00
Director
$0 $0 $0
JOHN PYSH Trustee 0.00
Director
$0 $0 $0
DARRYL ESLINGER Trustee 0.00
Director
$0 $0 $0
CHRIS OSBORN Trustee 0.00
Director
$0 $0 $0
SEBASTIAN CHURCH Trustee 0.00
Director
$0 $0 $0
TOM SHEETS PAST CHAIRMAN 0.00
Officer Director
$0 $0 $0
ROY ZANGARI Chairman 0.00
Officer Director
$0 $0 $0
DAVID PIERSON Trustee 0.00
Director
$0 $0 $0
RAY WHITE JR Trustee 0.00
Director
$0 $0 $0
MARK VOLLINGER Trustee 0.00
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 No data No data No data No data
2023 $526,800 $522,007 $566,375 $4,793
2022 $509,005 $477,978 $537,427 $31,027
2021 $451,599 $407,936 $558,348 $43,663
2020 $360,463 $367,273 $523,689 $-6,810
2019 $393,873 $397,003 $498,715 $-3,130
2018 $409,706 $427,687 $467,180 $-17,981
Explore More Nonprofits
→Top 100 Nonprofits in North Carolina →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare APPALACHIAN HARDWOOD MANUFACTURERS INC with other nonprofits in North Carolina and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.