Spruce Pine, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Mayland Community College Foundation Inc, founded in 1982, is a community nonprofit in the Education sector that reported $1.8M in total revenue in fiscal year 2024. Revenue fell 82% from the prior year — a significant decline worth monitoring. Expenses of $5.5M exceeded revenue, resulting in a 211% operating deficit.
The Mayland Community College Foundation is a non-profit 501(c)(3) organization whose mission is to support, strengthen, and advance the work of Mayland Community College.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,770,463 | $9,714,655 | -0.8% |
| Expenses | $5,504,093 | $6,140,652 | -0.1% |
| Net Income | $-3,733,630 | $3,574,003 | -2.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Brywn Philips | Executive Director | 40.00 |
Officer
|
$0 | $28,149 | $99,301 |
| Linda Larson | President | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| Angela Cook | Treasurer | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| Dr John Boyd | MCC President | 0.25 |
Director
|
$0 | $95,938 | $315,021 |
| Amanda Buchanan | MCC Vice-President | 0.25 |
Director
|
$0 | $46,738 | $155,496 |
| Elliott Grosh | Member | 0.25 |
Director
|
$0 | $0 | $0 |
| Wanda Proffitt | Member | 0.25 |
Director
|
$0 | $0 | $0 |
| Thuc Moore | Member | 0.25 |
Director
|
$0 | $0 | $0 |
| Nancy Burleson | Member | 0.25 |
Director
|
$0 | $0 | $0 |
| Charles Bierbauer | Member | 0.25 |
Director
|
$0 | $0 | $0 |
| Jeff Davis | Member | 0.25 |
Director
|
$0 | $0 | $0 |
| Suzanne Russell | Member | 0.25 |
Director
|
$0 | $0 | $0 |
| Edwina Sluder | Member | 0.25 |
Director
|
$0 | $0 | $0 |
| Claude Smith | Member | 0.25 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,770,463 | $5,504,093 | $10,108,635 | $-3,733,630 |
| 2024 | $9,714,655 | $6,140,652 | $13,300,115 | $3,574,003 |
| 2023 | $1,596,941 | $2,451,636 | $9,305,713 | $-854,695 |
| 2022 | $5,986,643 | $1,925,645 | $9,664,041 | $4,060,998 |
| 2021 | $1,337,779 | $2,020,829 | $6,409,153 | $-683,050 |
| 2020 | $1,316,889 | $912,859 | $6,247,016 | $404,030 |
| 2019 | $1,000,128 | $401,406 | $5,921,028 | $598,722 |
| 2018 | $666,936 | $428,326 | $5,438,643 | $238,610 |
Compare Mayland Community College Foundation Inc with other nonprofits in North Carolina and across the country.