Transylvania Partnership Inc

EIN: 561894322 501(c)(3) Community Improvement

Brevard, NC

Total Revenue
$795,110
Total Expenses
$625,186
Total Assets
$6,166,779
Net Assets
$2,426,998
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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
1994
Legal Domicile
NC
Principal Officer
Burton Hodges
Phone
8288834130
Tax Period
2023-07-01 to 2024-06-30

Transylvania Partnership Inc, founded in 1994, is a small nonprofit in the Community Improvement sector that reported $795K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $170K, a strong 21% operating margin.

Mission

The organization promotes general economic development in Transylvania County, North Carolina.

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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 $427,000
Program Service Revenue $360,821
Investment Income $7,289
Other Revenue $0
TOTAL REVENUE $795,110

Expense Breakdown

Grants Paid $0
Salaries & Benefits $203,531
Fundraising Expenses $0
Program Expenses $580,018
Other Expenses $421,655
TOTAL EXPENSES $625,186

Year-over-Year Comparison

2023 2022 Change
Revenue $795,110 $694,821 +0.1%
Expenses $625,186 $555,077 +0.1%
Net Income $169,924 $139,744 +0.2%
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
17
Independent Members
17
Employees
2
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
5
$108,036
Total Directors
18
$108,036
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brian Traylor Chair 5.00
Officer Director
$0 $0 $0
John Shoemaker Secretary 5.00
Officer Director
$0 $0 $0
Hannah Camenzind Board member 5.00
Officer Director
$0 $0 $0
Jim Cruickshank Treasurer 5.00
Officer Director
$0 $0 $0
Amber Webb Past Chair 5.00
Director
$0 $0 $0
Steve Hunting Board member 2.00
Director
$0 $0 $0
Cindy Petit Board member 2.00
Director
$0 $0 $0
Sheila Carland Board member 2.00
Director
$0 $0 $0
Brian Carrington Board member 2.00
Director
$0 $0 $0
Al Platt Board member 2.00
Director
$0 $0 $0
John Nichols Board member 2.00
Director
$0 $0 $0
Mike Hawkins Board member 2.00
Director
$0 $0 $0
Kevin Howell Board member 2.00
Director
$0 $0 $0
Aaron Baker Board member 2.00
Director
$0 $0 $0
Jake Dalton Board member 2.00
Director
$0 $0 $0
Burton Hodges Executive Director 40.00
Officer Director
$98,675 $9,361 $108,036
Laura Leatherwood Board member 2.00
Director
$0 $0 $0
Bradley Andrews Board member 2.00
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
2025 No data No data No data No data
2024 $795,110 $625,186 $6,166,779 $169,924
2023 $694,821 $555,077 $6,052,316 $139,744
2022 $1,655,969 $468,813 $6,166,738 $1,187,156
2021 $585,654 $549,173 $6,138,523 $36,481
2020 $491,578 $572,199 $6,283,110 $-80,621
2019 $391,829 $353,335 $6,470,916 $38,494
2018 $637,253 $326,850 $1,766,838 $310,403
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