BLACK MOUNTAIN HOME FOR CHILDREN Y… - Form 990 Financial Data

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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

Principal Officer

JAMES HARMON JR

Phone

8286863451

Tax Period

2024-07-01 to 2025-06-30

BLACK MOUNTAIN HOME FOR CHILDREN YOUTH AND FAMILIES INC is a mid-sized nonprofit in the Human Services sector that reported $18.8M in total revenue in fiscal year 2024. Revenue surged 114% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9.7M, a strong 51% operating margin.

Mission

TO GLORIFY GOD BY CARING FOR CHILDREN, YOUTH, AND FAMILIES.

Program Service Accomplishments

Program 1

Expenses: $6,713,134

BLACK MOUNTAIN HOME FOR CHILDREN, YOUTH & FAMILIES HAS BEEN CARING FOR ABANDONED, ABUSED, NEGLECTED, AND ORPHANED CHILDREN IN WESTERN NORTH CAROLINA FOR MORE THAN A CENTURY. BEGUN BY PRESBYTERIAN...

BLACK MOUNTAIN HOME FOR CHILDREN, YOUTH & FAMILIES HAS BEEN CARING FOR ABANDONED, ABUSED, NEGLECTED, AND ORPHANED CHILDREN IN WESTERN NORTH CAROLINA FOR MORE THAN A CENTURY. BEGUN BY PRESBYTERIAN MINISTER ROBERT PERRY SMITH IN 1904 AS MOUNTAIN ORPHANAGE, THE HOME BEGAN ITS MINISTRY TAKING IN APPALACHIAN CHILDREN WHOSE PARENTS HAD DIED OR DISAPPEARED. TODAY, THE MINISTRY SERVES YOUTH FROM BIRTH THROUGH COLLEGE GRADUATION AND BEYOND THROUGH FAMILY FOSTER CARE, RESIDENTIAL CARE, TRANSITIONAL LIVING, AND INDEPENDENT LIVING.

Program 2

1. WE CONSIDER OUR CHILDREN TO BE AT PROMISE RATHER THAN AT RISK. 2. WE CARE FOR THE CHILDREN ENTRUSTED TO US THE SAME WAY WE WOULD WANT OUR OWN CHILDREN OR GRANDCHILDREN TO BE CARED FOR. 3. WE AIM TO BE A MODEL MINISTRY THAT OTHER ORGANIZATIONS CAN LOOK TO US FOR EXAMPLES OF BEST PRACTICES IN THE INDUSTRY.

Program 3

FOR THE 2023-2024 YEAR, BLACK MOUNTAIN HOME FOR CHILDREN SERVED A TOTAL OF 117 NONDUPLICATED YOUTH (142 TOTAL PLACEMENTS) CAMPUS HOUSES AND ELLER = 40 INDEPENDENT LIVING = 18 FOSTER CARE = 53...

FOR THE 2023-2024 YEAR, BLACK MOUNTAIN HOME FOR CHILDREN SERVED A TOTAL OF 117 NONDUPLICATED YOUTH (142 TOTAL PLACEMENTS) CAMPUS HOUSES AND ELLER = 40 INDEPENDENT LIVING = 18 FOSTER CARE = 53 LIFELONG LIVING = 01 HIGHER EDUCATION SUPPORT = 05 FOREVER HOME PLACEMENTS (PRE-ADOPTIVE/ADOPTION, REUNIFICATION, KINSHIP, GUARDIANSHIP, CUSTODY) = 11

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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 $16,020,340

Program Service Revenue $1,062,314

Investment Income $1,622,111

Other Revenue $118,351

TOTAL REVENUE $18,823,116

Expense Breakdown

Grants Paid $22,799

Salaries & Benefits $4,066,607

Fundraising Expenses $757,978

Program Expenses $6,713,134

Other Expenses $5,061,852

TOTAL EXPENSES $9,151,258

Year-over-Year Comparison

	2024	2023	Change
Revenue	$18,823,116	$8,778,588	+1.1%
Expenses	$9,151,258	$6,943,836	+0.3%
Net Income	$9,671,858	$1,834,752	+4.3%

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

Employees

Volunteers

2357

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

$206,999

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VIRGINIA BRADFORD	CHAIR	2.00	Officer Director	$0	$0	$0
SCOTT RUSSELL	VICE CHAIR	2.00	Officer Director	$0	$0	$0
EMILIE JACUMIN-SIMMONS	SECRETARY/TR	2.00	Officer Director	$0	$0	$0
GRADY KENNINGTON	ASSIST. SECR	2.00	Officer Director	$0	$0	$0
PHILIP ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
RYAN BALDWIN	DIRECTOR	1.00	Director	$0	$0	$0
BRANDY BURROUGHS	DIRECTOR	1.00	Director	$0	$0	$0
KAREN COWAN	DIRECTOR	1.00	Director	$0	$0	$0
JILL DASHER	DIRECTOR	1.00	Director	$0	$0	$0
JERRY GREEN	DIRECTOR	1.00	Director	$0	$0	$0
BRUCE HENDERSON	DIRECTOR	1.00	Director	$0	$0	$0
SARA JENKINS	DIRECTOR	1.00	Director	$0	$0	$0
DAN MCKENZIE	DIRECTOR	1.00	Director	$0	$0	$0
KATIE MOORE	DIRECTOR	1.00	Director	$0	$0	$0
JOE PARKS	DIRECTOR	1.00	Director	$0	$0	$0
LEE THOMASON III	DIRECTOR	1.00	Director	$0	$0	$0
ETHAN YOUNG	DIRECTOR	1.00	Director	$0	$0	$0
JAMES HARMON JR	PRESIDENT	40.00	Officer	$183,614	$23,385	$206,999
JERICHO HALLIMORE	VP OF FINANC	40.00	Highest	$103,618	$14,672	$118,290
LORETTA SHELTON	VP OF DEV &	40.00	Highest	$124,038	$11,715	$135,753

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	$18,823,116	$9,151,258	$40,791,988	$9,671,858
2024	$8,778,588	$6,943,836	$30,272,042	$1,834,752
2023	$8,560,323	$6,208,226	$27,762,342	$2,352,097
2022	$8,011,871	$5,982,425	$24,547,836	$2,029,446
2021	$8,112,579	$5,542,969	$24,706,481	$2,569,610
2020	$5,710,664	$5,064,856	$20,865,791	$645,808
2019	$5,021,483	$4,641,230	$19,710,622	$380,253
2018	$4,660,231	$4,271,934	$18,882,022	$388,297

BLACK MOUNTAIN HOME FOR CHILDREN YOUTH AND FAMILIES INC