ASHEVILLE CULINARY FESTIVAL INC

EIN: 831762718 501(c)(3) Food, Agriculture & Nutrition

ASHEVILLE, NC

Total Revenue
$476,409
Total Expenses
$503,627
Total Assets
$178,767
Net Assets
$24,619
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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
ANYA INOCHKINA
Phone
8283358903
Tax Period
2022-01-01 to 2022-12-31

ASHEVILLE CULINARY FESTIVAL INC, founded in 2018, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $476K in total revenue in fiscal year 2022. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

THE PRIMARY PURPOSE IS TO EDUCATE THE GENERAL PUBLIC ABOUT THE CULINARY ARTS, FOODWAYS, MAKERS AND ARTISTS IMPACTING THE GASTRONOMIC COMMUNITY OF WESTERN NORTH CAROLINA.

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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 (2022)

Revenue Breakdown

Contributions & Grants $315,194
Program Service Revenue $160,880
Investment Income $335
Other Revenue $0
TOTAL REVENUE $476,409

Expense Breakdown

Grants Paid $0
Salaries & Benefits $65,772
Fundraising Expenses $1,481
Program Expenses $494,814
Other Expenses $437,855
TOTAL EXPENSES $503,627

Year-over-Year Comparison

2022 2021 Change
Revenue $476,409 $437,199 +0.1%
Expenses $503,627 $365,677 +0.4%
Net Income $-27,218 $71,522 -1.4%
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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Governance

Voting Members
17
Independent Members
17
Employees
1
Volunteers
150

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
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GENE ETTISON BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN FLEER BOARD MEMBER 1.00
Director
$0 $0 $0
MURPHY HORNE FLETCHER BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE GOFF BOARD MEMBER 1.00
Director
$0 $0 $0
ANYA INOCHKINA TREASURER 1.00
Officer Director
$0 $0 $0
MEREDITH LEIGH BOARD MEMBER 1.00
Director
$0 $0 $0
RHEA LIDOWSKI PRESIDENT 1.00
Officer Director
$0 $0 $0
CAITLIN MCMAHON BOARD MEMBER 1.00
Director
$0 $0 $0
JOEL MOWREY BOARD MEMBER 1.00
Director
$0 $0 $0
NEOMI NEGRON BOARD MEMBER 1.00
Director
$0 $0 $0
KYLE PEDERSEN BOARD MEMBER 1.00
Director
$0 $0 $0
PETER POLLAY BOARD MEMBER 1.00
Director
$0 $0 $0
VANESSA SALOMO SECRETARY 1.00
Officer Director
$0 $0 $0
ELIZABETH SIMS BOARD MEMBER 1.00
Director
$0 $0 $0
JAEL SKEFFINGTON VICE PRESIDE 1.00
Officer Director
$0 $0 $0
JEN SWANSON BOARD MEMBER 1.00
Director
$0 $0 $0
JUSTIN THOMPSON 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
2022 $476,409 $503,627 $178,767 $-27,218
2021 $437,199 $365,677 $201,837 $71,522
2020 $116,403 $108,090 $190,536 $8,313
2019 $587,936 $635,649 $34,833 $-47,713
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