WEST MARION INC

EIN: 830671471 501(c)(3) Community Improvement

MARION, NC

Total Revenue
$1,973,479
Total Expenses
$1,585,039
Total Assets
$1,234,686
Net Assets
$1,227,085
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
NC
Principal Officer
PAULA AVERY
Phone
8283179729
Tax Period
2024-07-01 to 2025-06-30

WEST MARION INC, founded in 2018, is a community nonprofit in the Community Improvement sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $388K, a strong 20% operating margin.

Mission

THE MISSION OF WEST MARION INC. IS TO ENHANCE THE QUALITY OF LIFE OF OUR RESIDENTS AND OVERCOME RACIAL BARRIERS BY BUILDING BRIDGES IN MCDOWELL COUNTY. WE DO THIS BY SHOWING COMPASSION, ADVOCATING FOR EQUITABLE POLICY REFORM, PROMOTING ECONOMIC DEVELOPMENT, SHARING RESOURCES, EMPOWERING YOUTH AND CREATING EQUITABLE OUTCOMES FOR ALL.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,992,535
Program Service Revenue $0
Investment Income $788
Other Revenue $-19,844
TOTAL REVENUE $1,973,479

Expense Breakdown

Grants Paid $211,913
Salaries & Benefits $529,831
Fundraising Expenses $0
Program Expenses $720,252
Other Expenses $843,295
TOTAL EXPENSES $1,585,039

Year-over-Year Comparison

2024 2023 Change
Revenue $1,973,479 $1,592,471 +0.2%
Expenses $1,585,039 $1,186,716 +0.3%
Net Income $388,440 $405,755 0.0%
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

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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
9
Independent Members
9
Employees
7
Volunteers
120

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
$121,138
Total Directors
10
$121,138
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BILLY MARTIN CHAIR 10.00
Officer Director
$0 $0 $0
ANTHONY FREEMAN VICE CHAIR 2.00
Officer Director
$0 $0 $0
PHYLLIS MCKESSON SECRETARY 4.00
Officer Director
$0 $0 $0
RAY MCKESSON TREASURER 6.00
Officer Director
$0 $0 $0
HEATHER COTTON COMMUNITY AT LARGE 2.00
Director
$0 $0 $0
PAULA AVERY EXECUTIVE DIRECTOR 40.00
Officer Director
$115,738 $5,400 $121,138
NORMA BEAM COMMUNITY AT LARGE 2.00
Director
$0 $0 $0
ELMER MACOPSON COMMUNITY AT LARGE 2.00
Director
$0 $0 $0
EMILY ROBERTS COMMUNITY AT LARGE 2.00
Director
$0 $0 $0
KITTY WILSON COMMUNITY AT LARGE 4.00
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 $1,973,479 $1,585,039 $1,234,686 $388,440
2024 $1,592,471 $1,186,716 $848,505 $405,755
2023 $974,633 $1,132,283 $442,617 $-157,650
2022 $1,034,166 $911,673 $598,390 $122,493
2021 $899,701 $723,000 $470,731 $176,701
2020 $479,863 $407,355 $309,952 $72,508
2019 $450,556 $233,773 $219,771 $216,783
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