Mountain Air Community Fund Inc (EIN 582392703) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

Suzanne Zapfel

Phone

2392981426

Tax Period

2023-01-01 to 2023-12-31

Mountain Air Community Fund Inc, founded in 1999, is a small nonprofit in the Arts, Culture & Humanities sector that reported $203K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $191K left a modest 6% surplus.

Mission

To support organizations with programs targeting health and economic development, education, literacy, the arts and family issues that benefit residents of Yancey County.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $185,624

Program Service Revenue $0

Investment Income $3,043

Other Revenue $13,907

TOTAL REVENUE $202,574

Expense Breakdown

Grants Paid $188,149

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $188,149

Other Expenses $3,021

TOTAL EXPENSES $191,170

Year-over-Year Comparison

	2023	2022	Change
Revenue	$202,574	$174,613	+0.2%
Expenses	$191,170	$178,984	+0.1%
Net Income	$11,404	$-4,371	-3.6%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
Sallie Bailey	President	3.00	Officer Director	$0	$0	$0
Diana Richter	Secretary	1.00	Officer Director	$0	$0	$0
Suzanne Zapfel	Treasurer	2.00	Officer Director	$0	$0	$0
James McCann	Member	2.00	Director	$0	$0	$0
Tom Valore	Member	1.00	Director	$0	$0	$0
Jeanette Valore	Member	1.00	Director	$0	$0	$0
Cathy Williams	Member	1.00	Director	$0	$0	$0
Alyson Rau	Member	1.00	Director	$0	$0	$0
Fred Rickman	Member	1.00	Director	$0	$0	$0
Jan Cady	Member	2.00	Director	$0	$0	$0
Virginia Perry	Member	2.00	Director	$0	$0	$0
Mary Anne Smith	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
2024	No data	No data	No data	No data
2023	$202,574	$191,170	$240,695	$11,404

Mountain Air Community Fund Inc