FEEDING AVERY FAMILIES INC

EIN: 452302126 501(c)(3) Food, Agriculture & Nutrition

NEWLAND, NC

Total Revenue
$2,309,768
Total Expenses
$1,633,677
Total Assets
$3,630,237
Net Assets
$3,618,102
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
NC
Principal Officer
BONNIE CLARK
Phone
8287838506
Tax Period
2025-01-01 to 2025-12-31

FEEDING AVERY FAMILIES INC, founded in 2010, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $2.3M in total revenue in fiscal year 2025. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $676K, a strong 29% operating margin.

Mission

PROVIDE FOOD AT NO COST TO HUNGRY PEOPLE IN NEED IN AVERY COUNTY, NC AND IMPROVE THEIR HEALTH WHERE POSSIBLE

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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 (2025)

Revenue Breakdown

Contributions & Grants $2,216,813
Program Service Revenue $0
Investment Income $92,955
Other Revenue $0
TOTAL REVENUE $2,309,768

Expense Breakdown

Grants Paid $1,212,804
Salaries & Benefits $191,966
Fundraising Expenses $0
Program Expenses $1,537,418
Other Expenses $228,907
TOTAL EXPENSES $1,633,677

Year-over-Year Comparison

2025 2024 Change
Revenue $2,309,768 $2,074,092 +0.1%
Expenses $1,633,677 $930,848 +0.8%
Net Income $676,091 $1,143,244 -0.4%
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
4
Volunteers
150

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
1
$60,019
Total Directors
12
$60,019
Key Employees
1
$60,019
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BONNIE CLARK EXECUTIVE DIRECTOR 40.00
Officer Director Key Emp
$60,019 $0 $60,019
MARSHALL MARTIN BOARD CHAIR 5.00
Director
$0 $0 $0
DAVID SOYARS SECRETARY 5.00
Director
$0 $0 $0
LARRY GOOD TREASURER 5.00
Director
$0 $0 $0
JIMMY ENNIS BOARD MEMBER 5.00
Director
$0 $0 $0
JOHN BRABSON JR BOARD MEMBER 5.00
Director
$0 $0 $0
JOE ZIMANEK BOARD MEMBER 5.00
Director
$0 $0 $0
KATE GAVENUS BOARD MEMBER 5.00
Director
$0 $0 $0
SCOTT MATHIS BOARD MEMBER 5.00
Director
$0 $0 $0
TAMMY WOODIE BOARD MEMBER 5.00
Director
$0 $0 $0
ANABEL ZAYAS BOARD MEMBER 5.00
Director
$0 $0 $0
MARK SMITH 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
2025 $2,309,768 $1,633,677 $3,630,237 $676,091
2024 $2,074,092 $930,848 $2,925,716 $1,143,244
2023 $977,881 $800,768 $1,774,449 $177,113
2022 $1,261,072 $744,468 $1,831,657 $516,604
2021 $1,382,285 $1,022,282 $1,165,335 $360,003
2020 $1,584,644 $1,297,852 $785,366 $286,792
2019 $1,038,638 $852,076 $446,746 $186,562
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