Mountain Air Community Fund Inc

EIN: 582392703 501(c)(3) Arts, Culture & Humanities

Burnsville, NC

Total Revenue
$482,275
Total Expenses
$435,166
Total Assets
$506,479
Net Assets
$506,479
🔒

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
1999
Legal Domicile
NC
Principal Officer
Nancy Hanna
Phone
9048744371
Tax Period
2025-01-01 to 2025-12-31

Mountain Air Community Fund Inc, founded in 1999, is a small nonprofit in the Arts, Culture & Humanities sector that reported $482K in total revenue in fiscal year 2025. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $435K left a modest 10% surplus.

Mission

To be the philanthropic voice of Mountain Air by providing financial assistance to 501(c)(3) non-profit organizations that benefit the residents of Yancey County in the areas of health, education, family issues, the environment, econcomic development, and the arts.

Program Service Accomplishments

Program 1
Expenses: $422,836 Revenue: $0

Mountain Air Community Fund (MACF) is a grant-based fund that raises money each year to help the people of Yancey County. Thanks to our communitys generous giving, MACF has provided invaluable...

Read more

Mountain Air Community Fund (MACF) is a grant-based fund that raises money each year to help the people of Yancey County. Thanks to our communitys generous giving, MACF has provided invaluable assistance to numerous less fortunate neighbors in Yancey County. In 2025 the organization awarded $422,836 in grants to 33 nonprofit organizations supporting Yancey County residents. MACF has selected four important pillars in hopes of growing grant funds to make an even more lasting impact on our neighbors in need. The four pillars include: Food Insecurity, Education and the Arts, Child and Family Welfare and Medical and Healthcare.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $426,852
Program Service Revenue $0
Investment Income $55,423
Other Revenue $0
TOTAL REVENUE $482,275

Expense Breakdown

Grants Paid $422,836
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $422,836
Other Expenses $12,330
TOTAL EXPENSES $435,166

Year-over-Year Comparison

2025 2024 Change
Revenue $482,275 $615,995 -0.2%
Expenses $435,166 $313,465 +0.4%
Net Income $47,109 $302,530 -0.8%
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
9
Independent Members
9
Employees
N/A
Volunteers
12

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
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
James McCann President 3.00
Officer Director
$0 $0 $0
Nancy Hanna Treasurer 3.00
Officer Director
$0 $0 $0
Diana Richter Secretary 1.00
Officer Director
$0 $0 $0
Virginia Perry Member 3.00
Director
$0 $0 $0
Jan Cady Member 3.00
Director
$0 $0 $0
Mary Anne Smith Member 2.00
Director
$0 $0 $0
Mark McCreery Member 1.00
Director
$0 $0 $0
Margie Cuckler Member 3.00
Director
$0 $0 $0
Rebecca Schmidt 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
2025 $482,275 $435,166 $506,479 $47,109
2024 No data No data No data No data
2023 $202,574 $191,170 $240,695 $11,404
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Mountain Air Community Fund Inc with other nonprofits in North Carolina and across the country.