The Arc of Buncombe County Inc

EIN: 560856544 501(c)(3) Human Services

Asheville, NC

Total Revenue
$602,402
Total Expenses
$499,918
Total Assets
$264,329
Net Assets
$239,315
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1962
Legal Domicile
NC
Principal Officer
Linda McDaniel
Phone
8282531255
Tax Period
2024-07-01 to 2025-06-30

The Arc of Buncombe County Inc, founded in 1962, is a small nonprofit in the Human Services sector that reported $602K in total revenue in fiscal year 2024. Revenue surged 53% from the prior year, signaling strong growth momentum. The organization ran a surplus of $102K, a strong 17% operating margin.

Mission

The Arc of Buncombe County exists to empower children and adults with intellectual and developmental disabilities to realize their highest potential through advocacy, education, programs and family support.

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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 (2024)

Revenue Breakdown

Contributions & Grants $585,008
Program Service Revenue $0
Investment Income $3,120
Other Revenue $14,274
TOTAL REVENUE $602,402

Expense Breakdown

Grants Paid $217,619
Salaries & Benefits $174,844
Fundraising Expenses $29,056
Program Expenses $374,641
Other Expenses $99,910
TOTAL EXPENSES $499,918

Year-over-Year Comparison

2024 2023 Change
Revenue $602,402 $393,789 +0.5%
Expenses $499,918 $423,457 +0.2%
Net Income $102,484 $-29,668 -4.5%
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
13
Independent Members
13
Employees
4
Volunteers
35

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
$78,354
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Linda McDaniel Executive Director 40.00
Officer
$77,054 $1,300 $78,354
Oscar Wong President 1.50
Officer Director
$0 $0 $0
Melissa Gunter Vice President 1.00
Officer Director
$0 $0 $0
Dorinda Bennett Treasurer 1.50
Officer Director
$0 $0 $0
Diane Mance Secretary 1.00
Officer Director
$0 $0 $0
Richard Welch Member 1.00
Director
$0 $0 $0
Jeffrey Baker Member 0.50
Director
$0 $0 $0
Greta Byrd Member 0.50
Director
$0 $0 $0
Jacqueline Smith Member 0.25
Director
$0 $0 $0
Jason Gast Member 0.25
Director
$0 $0 $0
Marlene Sternberg Member 0.25
Director
$0 $0 $0
Kelli Tinsley Member 0.25
Director
$0 $0 $0
Jill Watson Member 0.25
Director
$0 $0 $0
John Watson Member 0.25
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
2025 $602,402 $499,918 $264,329 $102,484
2024 $393,789 $423,457 $159,171 $-29,668
2023 $353,068 $376,486 $223,323 $-23,418
2022 $375,174 $338,956 $192,383 $36,218
2021 $235,726 $232,366 $182,733 $3,360
2020 $241,894 $223,963 $159,447 $17,931
2018 $208,641 $177,835 $174,262 $30,806
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