Carolina Foothills Foundation (EIN 561337169) - 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

1982

Legal Domicile

Principal Officer

Rita Burch

Phone

8282224350

Tax Period

2024-01-01 to 2024-12-31

Carolina Foothills Foundation, founded in 1982, is a community nonprofit in the Human Services sector that reported $5.6M in total revenue in fiscal year 2024. Revenue surged 133% from the prior year, signaling strong growth momentum. Expenses of $5.4M left a modest 5% surplus.

Mission

THE CAROLINA FOOT HILLS FOUNDATION ( CFF IS ACOMMUMIY BASED ORGANIZATION THAT PROVIDES FUNDS AND OTHER SUPPORT TO MEET THE MANY HEALTH CHALLENGES THAT FACE PEOPLE IN RUTHERFORD AND POLK COUNTIES .WE PROVIDE DIRECT SUPPORT AND EMPOWER CAREFULLY SElECTED NON-PROFITS TO IMPACT INDIVIDUAL AND COMMUNITY WELLNESS IN THE AREAS WE SERVE, WHICH ARE ELDERCARE, YOUTH DEVELOPMENT, AND WELLNESS.

🔒

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 $556,418

Program Service Revenue $21,499

Investment Income $4,179,435

Other Revenue $875,274

TOTAL REVENUE $5,632,626

Expense Breakdown

Grants Paid $1,938,295

Salaries & Benefits $1,935,478

Fundraising Expenses $0

Program Expenses $3,866,900

Other Expenses $1,486,276

TOTAL EXPENSES $5,360,049

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,632,626	$2,420,642	+1.3%
Expenses	$5,360,049	$5,287,148	+0.0%
Net Income	$272,577	$-2,866,506	-1.1%

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

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

$221,633

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rita Burch	CEO	40.00	Officer	$207,037	$14,596	$221,633
Heidi Owen	Eldercare ED	40.00		$165,129	$18,632	$183,761
Connie Bailey	Director of Financ	40.00		$120,692	$15,887	$136,579
Doris Clark	Director	1.00	Director	$0	$0	$0
John Crotts	Director	1.00	Director	$0	$0	$0
Jackie Hampton	Secretary	1.00	Officer Director	$0	$0	$0
Bob Keith	Treasurer	1.00	Officer Director	$0	$0	$0
Linda Edgerton	Vice Chair	1.00	Officer Director	$0	$0	$0
Patricia Keeter	Chair	1.00	Officer Director	$0	$0	$0
Mark Oxtoby	Director	1.00	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
2024	$5,632,626	$5,360,049	$66,262,929	$272,577
2023	$2,420,642	$5,287,148	$63,515,435	$-2,866,506
2022	$22,911,685	$7,286,944	$63,144,962	$15,624,741
2021	$13,863,011	$10,744,602	$46,569,993	$3,118,409
2020	$17,554,066	$12,202,215	$43,759,285	$5,351,851
2019	$15,364,913	$11,816,594	$38,241,087	$3,548,319
2018	$14,233,890	$13,659,117	$34,565,255	$574,773

Carolina Foothills Foundation