ELIADA HOMES INC

EIN: 560611587 501(c)(3)

ASHEVILLE, NC

Total Revenue
$9,865,154
Total Expenses
$10,224,557
Total Assets
$1,469,588
Net Assets
$254,812
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Financial Trends

Organization Details

Formation Year
1906
Legal Domicile
NC
Principal Officer
ANDREW D'ONOFRIO
Phone
8282545356
Tax Period
2023-07-01 to 2024-06-30

ELIADA HOMES INC, founded in 1906, is a community nonprofit that reported $9.9M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

"HELPING CHILDREN SUCCEED" IS ELIADA'S MISSION. ELIADA'S VISION IS TO PROVIDE AN OPTIMAL LEARNING ENVIRONMENT THAT EMPOWERS CHILDREN AND THEIR FAMILIES TO SUCCEED.

Program Service Accomplishments

Program 1
Expenses: $2,738,911

RESIDENTIAL SERVICES: -63 STUDENTS WERE SERVED IN LEVEL III. REUTER COTTAGE HOUSES UP TO 6 STUDENTS AND THE ELIADA TREATMENT CENTER HOUSES UP TO 8 STUDENTS. -57 STUDENTS WERE SERVED IN COMMUNITY...

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RESIDENTIAL SERVICES: -63 STUDENTS WERE SERVED IN LEVEL III. REUTER COTTAGE HOUSES UP TO 6 STUDENTS AND THE ELIADA TREATMENT CENTER HOUSES UP TO 8 STUDENTS. -57 STUDENTS WERE SERVED IN COMMUNITY RESPITE PROGRAM. THE GREEN COMMUNITY RESPITE PROGRAM HOUSES UP TO 4 STUDENTS. -THE SCOPE OF SERVICE FOR REUTER AND ETC PROGRAMS TRANSITIONED IN JUNE 2024; REUTER IS NOW A 30-35 DAY LENGTH OF STAY WHILE ETC IS A 4-6 MONTH LENGTH OF STAY. THIS IMPROVED THE ABILITY TO MAINTAIN FULL CENSUS IN BOTH LEVEL 3 PROGRAMS. ETC: -THE ELIADA TREATMENT CENTER SERVES STUDENTS FOR LONGER TIME FRAME, AND HAS EXCELLED AT PROVIDING A HOME ENVIRONMENT FOR THEIR STUDENTS. STUDENTS WERE ABLE TO REDECORATE AND DESIGN THEIR ROOMS, AND AND ASSISTED WITH PROGRAM DCOR ORGANIZATION UPON PROGRAM TRANSITION. REUTER: -THE STUDENTS ATTEND DAY TREATMENT REGULARLY, AND ARE NOT DEMONSTRATING ANY CONCERN REGARDING THE TRANSITION OR ATTENDANCE TO THE ACADEMY EACH DAY. THE STUDENTS AND FAMILIES ADJUSTED WELL TO THE CASE MANAGEMENT ROLE TRANSITION WHEN A NEW TEAM MEMBER JOINED. STUDENTS ARE PARTICIPATING IN ASSESSMENTS AND CHILD AND FAMILY TEAM MEETINGS.

Program 2
Expenses: $3,469,494

CHILD DEVELOPMENT: - THE LIONS COTTAGE OPENED OCTOBER 16TH, 2023 CREATING SPACE TO ADD 7 ADDITIONAL CLASSROOMS AND 70 ADDITIONAL ENROLLMENT SLOTS - FIVE STAR LICENSE UPDATED TO REFLECT A CAPACITY OF...

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CHILD DEVELOPMENT: - THE LIONS COTTAGE OPENED OCTOBER 16TH, 2023 CREATING SPACE TO ADD 7 ADDITIONAL CLASSROOMS AND 70 ADDITIONAL ENROLLMENT SLOTS - FIVE STAR LICENSE UPDATED TO REFLECT A CAPACITY OF 350 CHILDREN, MAKING ELIADA CHILD DEVELOPMENT THE LARGEST CHILD CARE FACILITY IN THE STATE. - SUPERIOR SANITATION RATING ACROSS THE ENTIRE PROGRAM, INCLUDING ALL FOUR BUILDINGS IN NOVEMBER 2023. - IN RESPONSE TO THE GROWTH OF THE PROGRAM, AN ADDITIONAL ASSISTANT DIRECTOR POSITION WAS ADDED IN JUNE 2024. THERE IS NOW AN ADMINISTRATOR STATIONED IN EACH OF THE FOUR BUILDINGS. NC PRE-K: - WE MAINTAINED SIX NC PRE-K CLASSROOMS LED BY TEACHERS LICENSED BY THE STATE OF NORTH CAROLINA FOR BIRTH-KINDERGARTEN EDUCATION. - WE HOST MORE NC PRE-K CLASSROOMS THAN ANY OTHER CENTER IN THE COUNTY. - WE WERE ALLOTTED 78 ENROLLMENT SLOTS, AND STAYED ENROLLED AT AN AVERAGE OF AT LEAST 93% CAPACITY THROUGHOUT THE SCHOOL YEAR. DEVELOPMENTAL DAY: - WE WERE ALLOTTED 10 ENROLLMENT SLOTS AND MAINTAINED THIS ENROLLMENT THROUGHOUT THE YEAR. - TEACHERS WERE ABLE TO GIVE INDIVIDUALIZED EDUCATION TO THESE STUDENTS THROUGH LOWERED RATIOS AND WITH THE SUPPORT OF THE BUNCOMBE COUNTY SPECIAL EDUCATION DEPARTMENT. THEY PARTNERED IEP MEETINGS, EVALUATIONS, SCHEDULING THERAPIES TO OCCUR IN THE CLASSROOM, AND DOCUMENTING PROGRESS TOWARDS GOALS. SUMMER CAMP: - WE SERVED 80 FAMILIES, AVERAGING 60 STUDENTS WEEKLY. - THE CAMPERS ENJOYED THE AMENITIES ON CAMPUS SUCH AS THE POOL, JUMPING PILLOWS, SOCCER FIELDS, AND FARM ANIMALS. - THE CAMPERS ENJOYED OFF-CAMPUS FIELD TRIPS INCLUDING A TRIP TO THE SKATING RINK, WATER PARK, AND BOWLING. ON-CAMPUS ACTIVITIES INCLUDED GUESTS FROM THE ASHEVILLE MUSEUM OF SCIENCE AND ZANIACS WHO BROUGHT SCIENCE, NATURE, AND ROBOTICS TO THE CHILDREN. SCHOOL AGE: - WE AVERAGED 45 STUDENTS IN THE AFTER-SCHOOL PROGRAM. - FULL-DAY CARE WAS OFFERED ON COUNTY TEACHER WORKDAYS AND INCLEMENT WEATHER DAYS.

Program 3
Expenses: $341,525

- ELIADA ACADEMY CONTINUED WITH CURRICULUM THAT WAS WRITTEN IN COLLABORATION WITH THE CAMPUS FARM MANAGER TO PROVIDE STUDENTS HANDS ON ACTIVITIES AND HIGH SCHOOL CREDITS FOR TWO COURSES: AGRISCIENCE...

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- ELIADA ACADEMY CONTINUED WITH CURRICULUM THAT WAS WRITTEN IN COLLABORATION WITH THE CAMPUS FARM MANAGER TO PROVIDE STUDENTS HANDS ON ACTIVITIES AND HIGH SCHOOL CREDITS FOR TWO COURSES: AGRISCIENCE APPLICATIONS AND BIOLOGY. - ELIADA ACADEMY TEAM MEMBERS CONTINUED TO PROVIDE TRANSITION SUPPORT FOR AND RESIDENTIAL STUDENTS TO HELP ENSURE THAT THEY RECEIVE ACADEMIC AND BEHAVIORAL SUPPORT UPON RETURNING TO A MORE TRADITIONAL SCHOOL SETTING. - DAY TREATMENT RESTRUCTURED PROGRAM ROLES TO PROVIDE CONSISTENCY BY HAVING RESIDENTIAL CASE MANAGERS COMPLETE DAY TX CASE MANAGEMENT COMMUNICATION. - STAFF HAVE REMAINED FLEXIBLE IN THEIR ROLES IN THE FACE OF AGENCY AND STAFFING CHANGES IN ORDER TO PROVIDE AS CONSISTENT TREATMENT FOR STUDENTS. - TEACHING STAFF HAVE DEMONSTRATED FLEXIBILITY AND APPEALED TO STUDENT INTERESTS BY IMPLEMENTING A MIXTURE OF THERAPEUTIC GROUP ACTIVITIES, ACADEMICS, ARTS, AND RECREATION. - DAY TREATMENT LEADERSHIP STAFF HAS WORKED WITH THE PQI DEPARTMENT ON QUALITY IMPROVEMENT PLANS ON STUDENTS WITH HIGH-RISK BEHAVIORS OR HIGH NUMBER OF INCIDENTS IN DAY TREATMENT. - DAY TREATMENT TEAM HAS COLLABORATED WITH RESIDENTIAL TEAM TO DEVELOP A PROGRAM STRUCTURE THAT INCORPORATES ELEMENTS OF THERAPY AND EXPECTATIONS FROM BOTH PROGRAMS. -DAY TREATMENT'S UPDATED MOTIVATIONAL SYSTEM FOCUSES ON STUDENT COMMUNICATION SKILL DEVELOPMENT. - ELIADA ACADEMY SERVED 62 STUDENTS.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,635,606
Program Service Revenue $7,041,447
Investment Income $9,353
Other Revenue $178,748
TOTAL REVENUE $9,865,154

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,680,549
Fundraising Expenses $434,954
Program Expenses $8,075,451
Other Expenses $2,544,008
TOTAL EXPENSES $10,224,557

Year-over-Year Comparison

2023 2022 Change
Revenue $9,865,154 $8,409,221 +0.2%
Expenses $10,224,557 $8,117,449 +0.3%
Net Income $-359,403 $291,772 -2.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
13
Employees
262
Volunteers
250

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
8
$334,215
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC EDGERTON CHAIR 2.00
Officer Director
$0 $0 $0
SEAN KERSCHEN TREASURER 2.00
Officer Director
$0 $0 $0
ELAINE POTTER SECRETARY 2.00
Officer Director
$0 $0 $0
BRIAN LAWLER IMMEDIATE PA 2.00
Officer Director
$0 $0 $0
PERRY BARTSCH JR BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID KING BOARD MEMBER 1.00
Director
$0 $0 $0
KAY LOVELAND BOARD MEMBER 1.00
Director
$0 $0 $0
JEAN BAUER-MCQUIRE BOARD MEMBER 1.00
Director
$0 $0 $0
NANCY FRADY MOORE BOARD MEMBER 1.00
Director
$0 $0 $0
KATE OGDEN BOARD MEMBER 1.00
Director
$0 $0 $0
HEATHER THOMPSON RAINEY BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH RAND BOARD MEMBER 1.00
Director
$0 $0 $0
EMILY WILLIS BOARD MEMBER 1.00
Director
$0 $0 $0
JACKIE DE LA CRUZ VICE CHAIR T 1.00
Officer Director
$0 $0 $0
CYNTHIA D DAVIS WEST PRES/CEO THR 40.00
Officer
$138,035 $7,360 $145,395
RONALD ZIENTEK FINANCE DIRE 40.00
Officer
$84,366 $7,104 $91,470
ANDREW D'ONOFRIO CEO 40.00
Officer
$89,292 $8,058 $97,350
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 No data No data No data No data
2024 $9,865,154 $10,224,557 $1,469,588 $-359,403
2023 $8,409,221 $8,117,449 $1,805,685 $291,772
2022 $7,657,527 $8,262,872 $1,735,563 $-605,345
2021 $9,966,578 $8,651,199 $2,952,846 $1,315,379
2020 $8,506,036 $8,890,507 $2,986,769 $-384,471
2019 $9,872,879 $10,171,587 $1,453,488 $-298,708
2018 $9,983,712 $10,283,493 $1,579,836 $-299,781
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