CATCH THE SPIRIT OF APPALACHIA INC (EIN 581982547) - Form 990 Financial Analysis & Trantor Score

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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

1991

Legal Domicile

Principal Officer

VIOLET AMY AMMONS

Tax Period

2022-01-01 to 2022-12-31

CATCH THE SPIRIT OF APPALACHIA INC, founded in 1991, is a micro nonprofit that reported $1K in total revenue in fiscal year 2022. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $1K left a modest 11% surplus.

Mission

OUR MISSION IS TO TREASURE AND PRESERVE OUR REGIONAL APPALACHIAN HERITAGE AND TRADITIONAL MUSIC THROUGH THE ARTS

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,165

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,165

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $574

Other Expenses $1,042

TOTAL EXPENSES $1,042

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,165	$1,979	-0.4%
Expenses	$1,042	$1,933	-0.5%
Net Income	$123	$46	+1.7%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOREYL AMMONS CAIN	VICE PRESIDENT	15.00	Officer Director	$0	$0	$0
DAVID F AMMONS	PRESIDENT	10.00	Officer Director	$0	$0	$0
VIOLET AMY AMMONS	SECRETARY TREASURER	25.00	Officer Director Key Emp	$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
2022	$1,165	$1,042	$1,832	$123
2020	$3,692	$3,700	$1,663	$-8
2019	$3,032	$6,800	$1,671	$-3,768
2018	No data	$6,267	$1,576	No data

CATCH THE SPIRIT OF APPALACHIA INC