CREATE APPALACHIA (EIN 471863604) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

DAVID BROWN

Phone

4233849384

Tax Period

2024-07-01 to 2025-06-30

CREATE APPALACHIA, founded in 2020, is a small nonprofit in the Public & Societal Benefit sector that reported $100K in total revenue in fiscal year 2024. Revenue fell 56% from the prior year — a significant decline worth monitoring. Expenses of $166K exceeded revenue, resulting in a 65% operating deficit.

Mission

INTEGRATING ARTS & TECHNOLOGY FOR THE BENEFIT OF OUR REGION

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $100,327

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $100,327

Expense Breakdown

Grants Paid $0

Salaries & Benefits $60,493

Fundraising Expenses $0

Program Expenses $165,887

Other Expenses $105,394

TOTAL EXPENSES $165,887

Year-over-Year Comparison

	2024	2023	Change
Revenue	$100,327	$229,658	-0.6%
Expenses	$165,887	$241,819	-0.3%
Net Income	$-65,560	$-12,161	+4.4%

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

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

Total Directors

$51,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATIE HOFFMAN	EXECUTIVE DIRECTOR	12.00	Director	$51,000	$0	$51,000
CHER CORNETT	FOUNDER	12.00	Director	$0	$0	$0
DAVIN BROWN	PRESIDENT	12.00	Officer	$0	$0	$0
JONATHAN PURDIE	TREASURY	12.00	Officer	$0	$0	$0
CRYSTAL PHILLIPS	SECRETARY	12.00	Officer	$0	$0	$0
BARBARA RAYMOND	VICE PRESIDENT	12.00	Officer	$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	$100,327	$165,887	$112,567	$-65,560
2024	$229,658	$241,819	$178,127	$-12,161
2022	$277,361	$216,434	$224,437	$60,927
2022	$277,362	$216,434	$224,438	$60,928
2021	$283,671	$53,375	$180,476	$230,296
2021	$283,245	$53,375	$180,050	$229,870

CREATE APPALACHIA