NORTH CAROLINA FARMHOUSE ASSOCIATION INC (EIN 561213449) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1955

Legal Domicile

Principal Officer

ANDREW DIMMETTE

Phone

9198332687

Tax Period

2024-04-01 to 2025-03-31

NORTH CAROLINA FARMHOUSE ASSOCIATION INC, founded in 1955, is a micro nonprofit that reported $56K in total revenue in fiscal year 2024. The organization ran a surplus of $38K, a strong 67% operating margin.

Mission

TO MAINTAIN AND OPERATE A HOME FOR STUDENTS AND TO PROVIDE AID IN THEIR SCHOLASTIC PURSUITS AND OCCUPATIONAL PLACEMENT AFTER GRADUATION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $128,884

Program Service Revenue $0

Investment Income $0

Other Revenue $-72,470

TOTAL REVENUE $56,414

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $18,857

Other Expenses $18,857

TOTAL EXPENSES $18,857

Year-over-Year Comparison

	2024	2023	Change
Revenue	$56,414	$-38,195	-2.5%
Expenses	$18,857	$12,460	+0.5%
Net Income	$37,557	$-50,655	-1.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDREW DIMMETTE	PRESIDENT	2.00	Officer Director	$0	$0	$0
WILL GRIGGS	BOARD MEMBER	2.00	Director	$0	$0	$0
MATTHEW MOYER	TREASURER	2.00	Officer Director	$0	$0	$0
TRIPP PEELE	BOARD MEMBER	2.00	Director	$0	$0	$0
HENRY SINK	BOARD MEMBER	2.00	Director	$0	$0	$0
ALEXANDER YOST	SECRETARY/VI	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	$56,414	$18,857	$498,116	$37,557
2024	$-38,195	$12,460	$508,279	$-50,655
2023	$-19,670	$7,331	$568,226	$-27,001
2022	$-22,917	$4,618	$620,000	$-27,535
2021	$-35,765	$2,925	$678,893	$-38,690
2020	$-35,640	$1,632	$733,084	$-37,272
2019	$-71,766	$8,449	$795,758	$-80,215

NORTH CAROLINA FARMHOUSE ASSOCIATION INC