SOUTHERN HIGHLAND HANDICRAFT GUILD

EIN: 560474967 501(c)(3) Arts, Culture & Humanities

ASHEVILLE, NC

Total Revenue
$1,902,674
Total Expenses
$1,842,771
Total Assets
$8,109,348
Net Assets
$7,980,241
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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
1930
Legal Domicile
NC
Principal Officer
TAMELA WELLS
Phone
8282987928
Tax Period
2025-01-01 to 2025-12-31

SOUTHERN HIGHLAND HANDICRAFT GUILD, founded in 1930, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.9M in total revenue in fiscal year 2025. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $1.8M left a modest 3% surplus.

Mission

TO CONSERVE AND PERPETUATE THE LIVING ARTS AND PRACTICES OF INDIVIDUAL HAND CRAFTSMANSHIP NATIVE TO THE SOUTHERN MOUNTAINS.

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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 $112,805
Program Service Revenue $307,515
Investment Income $75,746
Other Revenue $1,406,608
TOTAL REVENUE $1,902,674

Expense Breakdown

Grants Paid $0
Salaries & Benefits $966,147
Fundraising Expenses $0
Program Expenses $1,618,047
Other Expenses $876,624
TOTAL EXPENSES $1,842,771

Year-over-Year Comparison

2025 2024 Change
Revenue $1,902,674 $1,644,130 +0.2%
Expenses $1,842,771 $2,050,078 -0.1%
Net Income $59,903 $-405,948 -1.1%
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
9
Independent Members
9
Employees
55
Volunteers
21

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
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMY BRANDENBURG BOARD MEMBER N/A
Director
$0 $0 $0
CONNIE BROWN VICE PRESIDE N/A
Officer Director
$0 $0 $0
KATHERINE CALDWELL SECRETARY N/A
Officer Director
$0 $0 $0
LEE ENTREKIN BOARD MEMBER N/A
Director
$0 $0 $0
RODNEY LEFTWICH BOARD MEMBER N/A
Director
$0 $0 $0
ROBERT MILNES BOARD MEMBER N/A
Director
$0 $0 $0
MARK TRAUB TREASURER N/A
Officer Director
$0 $0 $0
TAMELA WELLS PRESIDENT N/A
Officer Director
$0 $0 $0
BLAIR WHITE BOARD MEMBER N/A
Director
$0 $0 $0
TOM BAILEY EXEC DIRECTR N/A
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 $1,902,674 $1,842,771 $8,109,348 $59,903
2024 $1,644,130 $2,050,078 $7,644,232 $-405,948
2023 $2,113,049 $1,861,046 $7,680,157 $252,003
2022 $2,199,830 $1,771,699 $7,206,278 $428,131
2021 $2,285,172 $1,619,692 $7,132,465 $665,480
2020 $1,073,757 $1,081,724 $6,066,985 $-7,967
2019 $2,236,815 $2,011,652 $5,873,163 $225,163
2018 $1,939,291 $1,923,560 $5,338,641 $15,731
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