Asheville Poverty Initiative

EIN: 810757744 501(c)(3) Food, Agriculture & Nutrition

Asheville, NC

Total Revenue
$604,660
Total Expenses
$412,399
Total Assets
$686,666
Net Assets
$676,089
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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
2016
Legal Domicile
NC
Principal Officer
Kyle Yoder
Phone
8282220393
Tax Period
2025-01-01 to 2025-12-31

Asheville Poverty Initiative, founded in 2016, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $605K in total revenue in fiscal year 2025. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $192K, a strong 32% operating margin.

Mission

The mission of Asheville Poverty Initiative is to build community and educate about the realities of poverty.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $603,845
Program Service Revenue $3,024
Investment Income $12,326
Other Revenue $-14,535
TOTAL REVENUE $604,660

Expense Breakdown

Grants Paid $340
Salaries & Benefits $279,603
Fundraising Expenses $37,916
Program Expenses $342,479
Other Expenses $132,456
TOTAL EXPENSES $412,399

Year-over-Year Comparison

2025 2024 Change
Revenue $604,660 $548,987 +0.1%
Expenses $412,399 $326,429 +0.3%
Net Income $192,261 $222,558 -0.1%
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

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Governance

Voting Members
12
Independent Members
12
Employees
8
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
4
$86,000
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ben Williamson Executive Director 40.00
Officer
$86,000 $0 $86,000
Kimberleigh Wells Board Chair 4.00
Officer Director
$0 $0 $0
Philip Leonard Treasurer 20.00
Officer Director
$0 $0 $0
Bill Buchanan Secretary 2.00
Officer Director
$0 $0 $0
Kyle Yoder Incoming Treasurer 5.00
Director
$0 $0 $0
TJ Amos Board Member 2.00
Director
$0 $0 $0
Micah Blaise Board Member - left mid-year 2.00
Director
$0 $0 $0
Anson Cooke Board Member 2.00
Director
$0 $0 $0
Leslee Johnson Board Member 2.00
Director
$0 $0 $0
Steve Leventer Board Member 2.00
Director
$0 $0 $0
Shaad Bellamy Board Member - left mid-year 2.00
Director
$0 $0 $0
Shunyu Huang Board Member 2.00
Director
$0 $0 $0
Stacey Sparks Board Member 2.00
Director
$0 $0 $0
Andy Thomas Board Member 2.00
Director
$0 $0 $0
Taija Ventrella Board Member 2.00
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 $604,660 $412,399 $686,666 $192,261
2024 $548,987 $326,429 $499,950 $222,558
2023 $216,222 $197,647 $268,588 $18,575
2020 $330,160 $165,217 $282,576 $164,943
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