Just Economics

EIN: 611403579 501(c)(3) Community Improvement

Asheville, NC

Total Revenue
$441,994
Total Expenses
$335,831
Total Assets
$175,528
Net Assets
$159,723
🔒

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
2002
Legal Domicile
NC
Phone
8285057466
Tax Period
2024-01-01 to 2024-12-31

Just Economics, founded in 2002, is a small nonprofit in the Community Improvement sector that reported $442K in total revenue in fiscal year 2024. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $106K, a strong 24% operating margin.

Mission

Our mission is to educate, advocate and organize for a more just and sustainable local economy that works for all in Western North Carolina.

Program Service Accomplishments

Program 1
Expenses: $290,312 Revenue: $14,991

- Launched a new Living Wage Champions Campaign in Henderson County. - Successfully advocated for higher wages for the lowest paid workers and firefighters at the City of Asheville. - Graduated a...

Read more

- Launched a new Living Wage Champions Campaign in Henderson County. - Successfully advocated for higher wages for the lowest paid workers and firefighters at the City of Asheville. - Graduated a virtual class of Voices for Economic Justice and worked with another group of participants in the Fall! - Facilitated 8 Poverty Simulations. - Certified 35 employers new to the Living Wage Certification program in Buncombe County and 5 new employers in Transylvania County. Saw a $1.4 million impact with wage raises given to meet our living wage standards during certification and recertification. - Hosted employer networking events and led the national Living Wage Network. - Co-led the newly formed Buncombe Affordable Housing Network.

Program 2

- Engaged in the City of Ashevilles Affordable Housing Plan. - Hosted Affordable Housing Advocacy 101 workshops. - Joined the NC Tenants Union. - Co-facilitating Tenants Rights Workshops with Pisgah...

Read more

- Engaged in the City of Ashevilles Affordable Housing Plan. - Hosted Affordable Housing Advocacy 101 workshops. - Joined the NC Tenants Union. - Co-facilitating Tenants Rights Workshops with Pisgah Legal. - Hosted a Spring Transit Riders Assembly. - Led Asheville Regional Transit Coalitions work to advocate for increased frequency to South Asheville and gain better understanding of microtransit. - Completed a study with partners at UNCA/UNC Gillings on Hospitality Worker Health and Wellbeing - Advocated Transylvania County for Living Wages and a Paid Family Leave policy through public comment, meetings, and an op-ed.

Program 3

In the aftermath of Hurricane Helene, we: - Delivered supplies to individuals and helped to prevent evictions. - Ramped up our housing work by advocating for zero rent in public housing during the...

Read more

In the aftermath of Hurricane Helene, we: - Delivered supplies to individuals and helped to prevent evictions. - Ramped up our housing work by advocating for zero rent in public housing during the disaster, canvassing in public housing, leading the WNC Tenants Network, hosting a fair housing training, and providing information and support to tenants in both public and private housing. - Supported local businesses advocating for small business grants and providing new ways for individuals to show support for Living Wage Certified employers from near and far. - Organized a disaster relief laundry service organizing 20+ washers in Transylvania County to help do laundry for individuals in Buncombe County without usable water. - Partnered with Swannanoa Communities Together by providing direct staff capacity for a resource center.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $425,352
Program Service Revenue $14,991
Investment Income $1,651
Other Revenue $0
TOTAL REVENUE $441,994

Expense Breakdown

Grants Paid $0
Salaries & Benefits $282,669
Fundraising Expenses $19,701
Program Expenses $290,312
Other Expenses $53,162
TOTAL EXPENSES $335,831

Year-over-Year Comparison

2024 2023 Change
Revenue $441,994 $258,494 +0.7%
Expenses $335,831 $332,711 +0.0%
Net Income $106,163 $-74,217 -2.4%
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
7
Volunteers
100

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
5
$73,343
Total Directors
9
$600
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Vicki Meath Executive Director 40.00
Officer
$73,343 $0 $73,343
Hector Selgado Board Chair 4.00
Officer Director
$0 $0 $0
David Bartholomew Board Vice-Chair 3.00
Officer Director
$0 $0 $0
Ela Twigg Board Treasurer 3.00
Officer Director
$0 $0 $0
Laura Haire Board Secretary 3.00
Officer Director
$0 $0 $0
Gennie Gonzalez Board Member 1.00
Director
$0 $0 $0
Albert Maybin Board Member 1.00
Director
$0 $0 $0
Emma Allen Board Member 1.00
Director
$0 $0 $0
Whitley English Boad Member 1.00
Director
$600 $0 $600
Annelise Hagedorn Board 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 $441,994 $335,831 $175,528 $106,163
2023 $258,494 $332,711 $63,795 $-74,217
2022 $294,603 $279,370 $133,188 $15,233
2021 $281,739 $230,449 $118,795 $51,290
2019 $208,621 $158,885 $72,812 $49,736
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Just Economics with other nonprofits in North Carolina and across the country.