High Country Association of Realtors Inc

EIN: 561259669

Boone, NC

Total Revenue
$512,979
Total Expenses
$487,211
Total Assets
$2,291,277
Net Assets
$1,494,322
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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
1972
Legal Domicile
NC
Principal Officer
Robert Flanigan
Phone
8289643385
Tax Period
2021-01-01 to 2021-12-31

High Country Association of Realtors Inc, founded in 1972, is a small nonprofit that reported $513K in total revenue in fiscal year 2021. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $487K left a modest 5% surplus.

Mission

SEMINARS AND EDUCATION FOR THE BENEFIT OF REALTOR MEMBERS

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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 (2021)

Revenue Breakdown

Contributions & Grants $407,187
Program Service Revenue $0
Investment Income $3,571
Other Revenue $102,221
TOTAL REVENUE $512,979

Expense Breakdown

Grants Paid $0
Salaries & Benefits $170,525
Fundraising Expenses $0
Other Expenses $316,686
TOTAL EXPENSES $487,211

Year-over-Year Comparison

2021 2020 Change
Revenue $512,979 $838,211 -0.4%
Expenses $487,211 $589,232 -0.2%
Net Income $25,768 $248,979 -0.9%
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
780
Independent Members
780
Employees
7
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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM LEWIS PRESIDENT 1.00
Officer
$0 $0 $0
EMILY BISH PRESIDENT ELECT 1.00
Officer
$0 $0 $0
MARCELLA COLEY SECRETARY 1.00
Officer
$0 $0 $0
ROBERT P FLANIGAN TREASURER 2.00
Officer
$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
2021 $512,979 $487,211 $2,291,277 $25,768
2020 $838,211 $589,232 $2,286,584 $248,979
2017 $587,517 $570,153 $2,505,276 $17,364
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