Swannanoa Valley Medical CenterInc

EIN: 561040100 501(c)(3) Health Care

Black Mountain, NC

Total Revenue
$45,652
Total Expenses
$15,041
Total Assets
$1,428,327
Net Assets
$1,428,327
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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
1974
Legal Domicile
NC
Tax Period
2023-07-01 to 2024-06-30

Swannanoa Valley Medical CenterInc, founded in 1974, is a micro nonprofit in the Health Care sector that reported $46K in total revenue in fiscal year 2023. Revenue surged 163% from the prior year, signaling strong growth momentum. The organization ran a surplus of $31K, a strong 67% operating margin.

Mission

Medical Facility Charitable

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $45,652
Other Revenue $0
TOTAL REVENUE $45,652

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,085
Other Expenses $15,041
TOTAL EXPENSES $15,041

Year-over-Year Comparison

2023 2022 Change
Revenue $45,652 $17,375 +1.6%
Expenses $15,041 $27,924 -0.5%
Net Income $30,611 $-10,549 -3.9%
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
12
Independent Members
11
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
4
$1,800
Total Directors
12
$1,800
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Marissa Slaughter Secretary 1.00
Officer Director
$1,800 $0 $1,800
Connie Smith Board Member 1.00
Director
$0 $0 $0
Mary Soyenova Board Member 1.00
Director
$0 $0 $0
Hope Burk Board Member 1.00
Director
$0 $0 $0
Scott Cook Board Member 1.00
Director
$0 $0 $0
Carl Zeigler Board Member 1.00
Director
$0 $0 $0
Mark Crawfprd Board Member 1.00
Director
$0 $0 $0
Norm Gottlieb Board Member 1.00
Director
$0 $0 $0
Betty Hermelee Board Member 1.00
Director
$0 $0 $0
Kevin West Chair 2.00
Officer Director
$0 $0 $0
Stan Brank Vice-Chair 2.00
Officer Director
$0 $0 $0
Sharon Zeigler Treasurer 2.00
Officer 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 No data No data No data No data
2024 $45,652 $15,041 $1,428,327 $30,611
2023 $17,375 $27,924 $1,390,080 $-10,549
2023 $17,375 $27,924 $1,390,080 $-10,549
2022 $470,989 $36,001 $847,760 $434,988
2021 $39,084 $34,399 $403,668 $4,685
2020 $30,359 $33,327 $376,736 $-2,968
2019 $-6,778 $41,074 $390,063 $-47,852
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