FAMILY RESOURCES OF CHEROKEE COUNTY INC

EIN: 562085819 501(c)(3) Human Services

MURPHY, NC

Total Revenue
$221,507
Total Expenses
$234,570
Total Assets
$26,938
Net Assets
$-27,009
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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
1999
Legal Domicile
NC
Tax Period
2018-07-01 to 2019-06-30

FAMILY RESOURCES OF CHEROKEE COUNTY INC, founded in 1999, is a small nonprofit in the Human Services sector that reported $222K in total revenue in fiscal year 2018.

Mission

STRENGTHENING COMMUNITIES THROUGH FAMILY CENTERED, THERAPEUTIC, EDUCATIONAL AND SUPPORTIVE SERVICES.

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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 (2018)

Revenue Breakdown

Contributions & Grants $15,966
Program Service Revenue $200,480
Investment Income $0
Other Revenue $5,061
TOTAL REVENUE $221,507

Expense Breakdown

Grants Paid $0
Salaries & Benefits $97,848
Fundraising Expenses $0
Program Expenses $227,409
Other Expenses $136,722
TOTAL EXPENSES $234,570

Year-over-Year Comparison

2018 2017 Change
Revenue $221,507 N/A N/A
Expenses $234,570 N/A N/A
Net Income $-13,063 N/A N/A
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
3
Independent Members
3
Employees
10
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RACHAEL HALL INTERIM EXECUTIVE DIRECTOR 40.00
Director Highest
$0 $0 $0
RONALD WRIGHT BOARD MEMEMBER 1.00
Director
$0 $0 $0
FRANKI ROPER BOARD MEMBER 1.00
Director
$0 $0 $0
PAULA WRIGHT SECRETARY 1.00
Officer
$0 $0 $0
DONALD GOLSON BOARD CHAIRPERSON 1.00
Officer
$0 $0 $0
JERROLD GOLSON TREASURER 1.00
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
2019 $221,507 $234,570 $26,938 $-13,063
2018 $195,378 $252,254 $28,541 $-56,876
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