Spruce Pine, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Mayland Community College Enterprise Corporation, founded in 2018, is a small nonprofit in the Education sector that reported $767K in total revenue in fiscal year 2024. Revenue surged 44% from the prior year, signaling strong growth momentum. The organization ran a surplus of $196K, a strong 25% operating margin.
Our mission is to assist in the redevelopment of Mitchell, Avery, and Yancey communities and create a climate that attracts entrepreneurs, residents, and visitors in an effort to bring vitality to the area. Provide supplemental support to Mayland Community College.
Mayland Community College Enterprise Corporation (MEC) is a 501(c)(3) that provides support to Mayland Community College. The Earth to Sky Park is an environmental educational park for those...
Mayland Community College Enterprise Corporation (MEC) is a 501(c)(3) that provides support to Mayland Community College. The Earth to Sky Park is an environmental educational park for those interested in learning about the natural world we live in, from the Earth to the sky. It is home to the Bare Dark Sky Observatory (BDSO), but also the Glenn & Carol Arthur Planetarium, a Visitors Center, the Carolyn Munro Wilson Picnic Shelter, numerous gardens, the Paul & Susie OConnell Conference Center, and an Aquaponics Lab. The observatory is home to one of the largest public telescopes in the southeastern US. The International Dark-Sky Association (IDA) designated the Mayland Earth to Sky Park and Observatory as the first IDA-certified Star Park in the southeastern United States The park is open to the public and provides tours and camps for hundreds of school aged children from thre counties that are in the colleges service area as well as the surrounding areas. The Park also provides shows and star gazing events to patrons from all over North Carolina and neighboring states.
The Blue Ridge Boutique Hotel, built in 1921, and was the former Spruce Pine Elementary School. It is now operated by the non-profit Mayland Community College Enterprise Corporation and run by...
The Blue Ridge Boutique Hotel, built in 1921, and was the former Spruce Pine Elementary School. It is now operated by the non-profit Mayland Community College Enterprise Corporation and run by students attending the college. The students are sponsored by our work scholarship program. For fiscal year 2024-25, the Blue Ridge Boutique Hotel sponsored 1 student through the work scholarship program
The Mayland Rapid Protype Manufacturing offers services to local industries and advance manufacturing while providing educational training to Mayland Community College students in 3D design and...
The Mayland Rapid Protype Manufacturing offers services to local industries and advance manufacturing while providing educational training to Mayland Community College students in 3D design and drafting, 3D printing, rapid prototyping, computerized (CNC) machining, robotics, and mechatronics courses. These students are sponsored by our work scholarship program. For fiscal year 2024-25, the Mayland Rapid Protype Manufacturing sponsored 2 students through the work scholarship program. The students also participated in the Skills USA competition and placed 5th national.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $767,400 | $534,253 | +0.4% |
| Expenses | $571,878 | $436,548 | +0.3% |
| Net Income | $195,522 | $97,705 | +1.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Dr John Boyd | President/ CEO | 5.00 |
Officer
Director
|
$0 | $95,938 | $315,021 |
| Amanda Buchanan | Treasurer / CFO | 5.00 |
Officer
Director
|
$0 | $46,738 | $155,496 |
| Nancy Burleson | Chair | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Garland Honeycutt | Secretary | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Drey Phillips | Board member | 0.50 |
Director
|
$0 | $0 | $0 |
| Courtney Mauzy | Board Member | 0.50 |
Director
|
$0 | $0 | $0 |
| Johnny Riddle | Board Member | 0.50 |
Director
|
$0 | $0 | $0 |
| Linda Larson | Board Member | 0.50 |
Director
|
$0 | $0 | $0 |
| Bryan Peterson | Board Member | 0.50 |
Director
|
$0 | $0 | $0 |
| Edwina Sluder | Board Member | 0.50 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $767,400 | $571,878 | $480,273 | $195,522 |
| 2024 | $534,253 | $436,548 | $171,084 | $97,705 |
| 2023 | $351,244 | $312,316 | $92,555 | $38,928 |
| 2022 | $166,505 | $190,572 | $51,913 | $-24,067 |
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