Toe River Aggregation Center Training Organization Regional Inc

EIN: 455100047 501(c)(3) Food, Agriculture & Nutrition

Burnsville, NC

Total Revenue
$1,400,826
Total Expenses
$703,243
Total Assets
$2,149,809
Net Assets
$1,473,221
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
NC
Principal Officer
Andrew Zucchino
Phone
8285360126
Tax Period
2023-01-01 to 2023-12-31

Toe River Aggregation Center Training Organization Regional Inc, founded in 2013, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 150% from the prior year, signaling strong growth momentum. The organization ran a surplus of $698K, a strong 50% operating margin.

Mission

To increase access to community-grown food by empowering local farmers and consumers alike, reconnecting people with agriculture for a healthier community, environment, and economy.

Program Service Accomplishments

Program 1
Expenses: $613,752 Revenue: $0

TRACTORs community-grown food subscription service, Farefield, launched in March of 2022. Providing WNC families with new access to local fresh fruits and vegetables, the program reached clinical...

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TRACTORs community-grown food subscription service, Farefield, launched in March of 2022. Providing WNC families with new access to local fresh fruits and vegetables, the program reached clinical referral patients, food relief clients, SNAP/EBT customers, and paid customers with the same quality of product and customer service. The Farefield model is clear evidence that investments in local agriculture result in better community health and well-being, stronger rural economies, and a unified food culture. In 2023, 10.474 local food shares were distributed, with over $1,566 in gross sales through SNAP/EBT incentives and an additional $1,566 through Double Up Food Bucks.

Program 2

Through the Healthy Harvest Program, TRACTOR procures and distributes high quality, community- grown produce to food pantries across WNC. In 2023, 63 tons of fresh, local produce was distributed...

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Through the Healthy Harvest Program, TRACTOR procures and distributes high quality, community- grown produce to food pantries across WNC. In 2023, 63 tons of fresh, local produce was distributed amongst 20 clinical and relief partners.

Program 3

TRACTOR offers a reliable, respectful marketplace which keeps our communities fed, our farmers paid, and everything in between. Our procurement model is built on transparency, which allows us to not...

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TRACTOR offers a reliable, respectful marketplace which keeps our communities fed, our farmers paid, and everything in between. Our procurement model is built on transparency, which allows us to not only identify inequities in our food supply chain, but to address them in partnership with a regional network of skilled farmers and producers. TRACTORs network includes 231 farms, and in 2023, the organization worked directly with 51 locally owned and operated farms, generating $513k in new income for WNC farmers and producers.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,177,626
Program Service Revenue $0
Investment Income $707
Other Revenue $222,493
TOTAL REVENUE $1,400,826

Expense Breakdown

Grants Paid $0
Salaries & Benefits $360,416
Fundraising Expenses $39,938
Program Expenses $613,752
Other Expenses $342,827
TOTAL EXPENSES $703,243

Year-over-Year Comparison

2023 2022 Change
Revenue $1,400,826 $560,283 +1.5%
Expenses $703,243 $576,069 +0.2%
Net Income $697,583 $-15,786 -45.2%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
11
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
3
$68,771
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Andrew V Zucchino Executive Director 40.00
Officer
$68,771 $0 $68,771
Sara Runkel Interim Chair 1.00
Officer Director
$0 $0 $0
George Moffitt Treasurer 1.00
Officer Director
$0 $0 $0
Annette Brock Board Member 1.00
Director
$0 $0 $0
David Smiley Board Member 1.00
Director
$0 $0 $0
Molly Riddle Board Member 1.00
Director
$0 $0 $0
Wendy Boone Board Member 1.00
Director
$0 $0 $0
Pat Casey Board Member 1.00
Director
$0 $0 $0
Travis Graff Board Member 1.00
Director
$0 $0 $0
Lauren Wilson Board Member 1.00
Director
$0 $0 $0
Amanda North Board Member 1.00
Director
$0 $0 $0
Casara Logan Board Member 1.00
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 $1,400,826 $703,243 $2,149,809 $697,583
2022 $560,283 $576,069 $888,097 $-15,786
2021 $512,279 $405,930 $1,065,708 $106,349
2020 $502,300 $335,090 $962,116 $167,210
2019 $475,373 $367,594 $672,188 $107,779
2018 $377,549 $394,007 $633,700 $-16,458
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