Bounty & Soul

EIN: 464759362 501(c)(3) Food, Agriculture & Nutrition

Black Mountain, NC

Total Revenue
$4,348,368
Total Expenses
$3,897,718
Total Assets
$1,595,566
Net Assets
$1,436,799
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NC
Principal Officer
Dave Charlton
Phone
8284190533
Tax Period
2023-01-01 to 2023-12-31

Bounty & Soul, founded in 2014, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $4.3M in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $3.9M left a modest 10% surplus.

Mission

Together we connect, share, and celebrate nutritious food, education and community.

Program Service Accomplishments

Program 1
Expenses: $3,654,529 Revenue: $472,905

Produce to the People In 2023,1,251,169 pounds of fresh produce and nutritious food was distributed to approximately 136,757 participants through 3 weekly community markets, and our food box delivery...

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Produce to the People In 2023,1,251,169 pounds of fresh produce and nutritious food was distributed to approximately 136,757 participants through 3 weekly community markets, and our food box delivery service. We successfully transitioned from hosting drive-thru distributions 2x/week to in-person community markets 3x/week. We experienced a 16.2 % increase in participation in our services, a reflection of increased regional food insecurity due to socioeconomic factors like rising housing costs, inflation and low wages. We continued to see growth in our home delivery program, providing healthy food for 10,144 individuals that were affected by transportation and health barriers. Our UNCA externally validated annual survey demonstrated the significant impact we had on individuals stability, as well as their health and wellbeing. According to survey data, 93% of respondents reported that participating with Bounty & Soul provided more stability as they worked through life circumstances and 98% of respondents reported an increase in their consumption of fruits and vegetables.

Program 2

Farmers Alliance: In 2023, we collaborated with 75 farm partners and distributed over 107,000 pounds of locally grown and sourced food through our community markets and home deliver program. We also...

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Farmers Alliance: In 2023, we collaborated with 75 farm partners and distributed over 107,000 pounds of locally grown and sourced food through our community markets and home deliver program. We also shared 21,588 plant starts with our participants and farm partners as well as providing gardening education and resources. Rooted in Health: A whole person health education program including weekly classes, cooking demos, recipes, nutrition information, resources, and individualized nutrition counseling. In 2023 we provided: 302 yoga, exercise and health classes 115 live cooking demonstrations 27,000 samples provided at community markets 99 % reported that Bounty & Soul had positively impacted their health & wellbeing and 99% reported always feeling valued.

Program 3

Green Aprons: A program dedicated to youth health and education. In 2023 we: Sponsored 4,660 Green Aprons youth activities Provided 3,812 children and their families with nutritious food each month...

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Green Aprons: A program dedicated to youth health and education. In 2023 we: Sponsored 4,660 Green Aprons youth activities Provided 3,812 children and their families with nutritious food each month Held 19 in-person cooking classes According to the UNCA Annual Survey, 92% of parents and/or caregivers reported that Bounty and Soul services and educational programs helped their kids eat more fruits and vegetables and 79% reported the Green Aprons activities were positively received by their children. . We participate in the NC DHHS Medicaid program HOP - Healthy Opportunity Pilot which promotes prevention-based healthy eating and nutrition. We also provide culturally aligned foods, programming, language instruction and other resources for the Latinx community.

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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 $3,841,169
Program Service Revenue $472,905
Investment Income $17,150
Other Revenue $17,144
TOTAL REVENUE $4,348,368

Expense Breakdown

Grants Paid $2,533,876
Salaries & Benefits $750,696
Fundraising Expenses $191,050
Program Expenses $3,654,529
Other Expenses $456,994
TOTAL EXPENSES $3,897,718

Year-over-Year Comparison

2023 2022 Change
Revenue $4,348,368 $3,169,324 +0.4%
Expenses $3,897,718 $2,917,645 +0.3%
Net Income $450,650 $251,679 +0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
15
Volunteers
756

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
6
$211,286
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ali Casparian Founder/Executive Director 40.00
Officer
$100,703 $944 $101,647
Paula Sellers MSW Associate Director 40.00
Officer
$108,695 $944 $109,639
David Charlton Chair 5.00
Officer Director
$0 $0 $0
Ellie Stanley Vice-Chair 3.00
Officer
$0 $0 $0
Rhonda Devan Treasurer 2.00
Officer Director
$0 $0 $0
Amy Lanou PHD Secretary 1.00
Officer Director
$0 $0 $0
Esteve Coll-LaRosa Board Member 1.00
Director
$0 $0 $0
Steven Coward Board Member 2.00
Director
$0 $0 $0
Dan Davis Board Member 1.00
Director
$0 $0 $0
Victor Dostrow MD Board Member 2.00
Director
$0 $0 $0
Tom Tracey Board Member 1.00
Director
$0 $0 $0
Chris Zajac Board Member 2.00
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 $4,348,368 $3,897,718 $1,595,566 $450,650
2022 $3,169,324 $2,917,645 $1,163,037 $251,679
2021 $2,538,834 $2,370,892 $759,613 $167,942
2020 $2,853,459 $2,422,135 $582,904 $431,324
2019 $1,870,131 $1,821,649 $142,148 $48,482
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