Pisgah Health Foundation

EIN: 561458024 501(c)(3) Health Care

Bryson City, NC

Total Revenue
$1,198,337
Total Expenses
$1,600,047
Total Assets
$15,383,122
Net Assets
$14,225,630
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
NC
Principal Officer
Cathleen Blanchard
Phone
8284353780
Tax Period
2023-01-01 to 2023-12-31

Pisgah Health Foundation, founded in 1985, is a community nonprofit in the Health Care sector that reported $1.2M in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $1.6M exceeded revenue, resulting in a 34% operating deficit.

Mission

To purposefully, creatively, and collaboratively enhance the health and well-being of our communities by addressing local health and wellness inequities through strategic and meaningful partnerships.

Program Service Accomplishments

Program 1
Expenses: $964,036 Revenue: $3,190

Aging Initiative--$228,406: PHF provided grants to four non-profit organizations offering a range of services to seniors including delivery of hot meals to older, homebound seniors, lunch meal...

Read more

Aging Initiative--$228,406: PHF provided grants to four non-profit organizations offering a range of services to seniors including delivery of hot meals to older, homebound seniors, lunch meal program with activities, liquid nutrition supplement and shelf stable food boxes, transportation, personal hygiene products and programs and workshops focused on purpose and increasing connections for improved well- being among others. A tangible result to date from this grant is the collaboration that has occurred between several organizations providing services to seniors in Transylvania County.

Program 2

Home Repair Grant: PHF provided grants to five non-profit organizations to address the home repair needs of their clients. Over 115 home repair projects were completed which impacted over 140...

Read more

Home Repair Grant: PHF provided grants to five non-profit organizations to address the home repair needs of their clients. Over 115 home repair projects were completed which impacted over 140 individuals. While the majority of home repairs addressed the needs for the elderly and disabled populations, some grantees participated in the Healthy Opportunities Pilot Program and include serving families with children who were living in unsafe and/or unhealthy living environments. These repairs made impacts in such areas as helping improve community health, increasing the ability of older adults to age in place, making homes stable and significantly improving living conditions for families in need.

Program 3

Blue Zones Project-Brevard--$153,846: A community health project that improved physical and social well-being of the community through programs, policies and semi- permanent and permanent changes in...

Read more

Blue Zones Project-Brevard--$153,846: A community health project that improved physical and social well-being of the community through programs, policies and semi- permanent and permanent changes in man-made surroundings. More than 5,000 community members of all ages were engaged with this project which included participating in programs, volunteering in the community and supporting the planning and implementation of the project. In addition, 13 worksites became Blue Zones Project Approved TM worksites with one notable outcome in Brevard being the savings of $5.2 million in healthcare costs and workforce productivity.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $596,637
Program Service Revenue $3,190
Investment Income $634,692
Other Revenue $-36,182
TOTAL REVENUE $1,198,337

Expense Breakdown

Grants Paid $672,474
Salaries & Benefits $207,911
Fundraising Expenses $99,963
Program Expenses $964,036
Other Expenses $719,662
TOTAL EXPENSES $1,600,047

Year-over-Year Comparison

2023 2022 Change
Revenue $1,198,337 $1,528,910 -0.2%
Expenses $1,600,047 $1,965,529 -0.2%
Net Income $-401,710 $-436,619 -0.1%
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

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
5
Volunteers
27

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
$73,464
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Shiela Jarvis Interim Executive Director 50.00
Officer
$73,464 $0 $73,464
Jeremy Purcell Chair 2.00
Officer Director
$0 $0 $0
Jamie Ramsey Vice-Chair 1.00
Officer Director
$0 $0 $0
Cathleen Blanchard Secretary/Treasurer 2.00
Officer Director
$0 $0 $0
Jim Tyson Member 1.00
Director
$0 $0 $0
David Neumann Member 1.00
Director
$0 $0 $0
Art Fisher Member 1.00
Director
$0 $0 $0
James Wright Member 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 No data No data No data No data
2023 $1,198,337 $1,600,047 $15,383,122 $-401,710
2022 $1,528,910 $1,965,529 $15,125,381 $-436,619
2021 $6,136,671 $2,700,871 $16,755,144 $3,435,800
2020 $5,850,939 $6,889,255 $13,771,281 $-1,038,316
2019 $5,915,720 $3,103,616 $13,790,907 $2,812,104
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Pisgah Health Foundation with other nonprofits in North Carolina and across the country.