Nantahala Health Foundation

EIN: 832682447 501(c)(3) Health Care

Franklin, NC

Total Revenue
$733,172
Total Expenses
$872,049
Total Assets
$12,782,389
Net Assets
$12,723,675
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
NC
Phone
8286341527
Tax Period
2024-01-01 to 2024-12-31

Nantahala Health Foundation, founded in 2019, is a small nonprofit in the Health Care sector that reported $733K in total revenue in fiscal year 2024. Revenue surged 212% from the prior year, signaling strong growth momentum. Expenses of $872K exceeded revenue, resulting in a 19% operating deficit.

Mission

Improving health and well-being for those living in westernmost North Carolina.

Program Service Accomplishments

Program 1
Expenses: $683,123 Revenue: $6,000

1. Grantmaking-Youth and Young Adult Wellbeing NHF provided grants and capacity-building opportunities to organizations focused on improving the wellbeing of youth and young adults in Western North...

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1. Grantmaking-Youth and Young Adult Wellbeing NHF provided grants and capacity-building opportunities to organizations focused on improving the wellbeing of youth and young adults in Western North Carolina. These initiatives aimed to address key social determinants of health, including access to education and economic stability. The program supported various projects that enhanced educational opportunities, provided mental health services, and promoted healthy lifestyles among young people.

Program 2

2. Grantmaking-Increased Senior Adult Food Security NHF allocated funds to increase food security among senior adults in the region. This program aimed to ensure that older adults had access to...

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2. Grantmaking-Increased Senior Adult Food Security NHF allocated funds to increase food security among senior adults in the region. This program aimed to ensure that older adults had access to nutritious food, thereby improving their overall health and wellbeing. 3. Grantmaking-Disaster Response and Recovery Efforts Following Hurricane Helene In response to Hurricane Helene, NHF provided grants and capacity-building support to organizations involved in disaster response and recovery. These efforts included providing emergency housing options, support for housing restoration, ensuring safety for children whose families were impacted by the storm, providing emergency food and other supplies, support for farmers and local food systems, and offering mental health and recovery services to affected individuals. The program aimed to restore stability and improve the resilience of the impacted communities.

Program 3

4. Leadership Program for Capacity Building NHF invested in the development and facilitation of a region-specific leadership program designed to support capacity building for its network of partners...

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4. Leadership Program for Capacity Building NHF invested in the development and facilitation of a region-specific leadership program designed to support capacity building for its network of partners. This program focused on enhancing leadership skills, fostering collaboration, and promoting sustainable development within the community. The initiative included workshops/training sessions, and peer learning opportunities.

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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 $209,714
Program Service Revenue $6,000
Investment Income $517,458
Other Revenue $0
TOTAL REVENUE $733,172

Expense Breakdown

Grants Paid $440,628
Salaries & Benefits $222,331
Fundraising Expenses $41,210
Program Expenses $683,123
Other Expenses $209,090
TOTAL EXPENSES $872,049

Year-over-Year Comparison

2024 2023 Change
Revenue $733,172 $235,064 +2.1%
Expenses $872,049 $425,501 +1.0%
Net Income $-138,877 $-190,437 -0.3%
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

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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
12
Independent Members
12
Employees
2
Volunteers
14

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
$127,942
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lori A Bailey Executive Director 40.00
Officer
$113,033 $14,909 $127,942
Lisa Leatherman Chairperson 1.50
Officer Director
$0 $0 $0
Roger Plemens Vice-Chairperson 1.00
Officer Director
$0 $0 $0
Jane Kimsey Treasurer 1.50
Officer Director
$0 $0 $0
Clarissa Ashe Board Member 1.00
Director
$0 $0 $0
Ollin Dunford Board Member 2.00
Director
$0 $0 $0
David Garrett Board Member 2.00
Director
$0 $0 $0
Samantha Bradley Board Member 1.00
Director
$0 $0 $0
Ann Lukens Board Member 1.50
Director
$0 $0 $0
Debbie Mauney Board Member 2.00
Director
$0 $0 $0
Paul Worley Board Member 2.00
Director
$0 $0 $0
Latesha Wiggins Board Member 1.00
Director
$0 $0 $0
Alison Cochran 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 $733,172 $872,049 $12,782,389 $-138,877
2023 $235,064 $425,501 $12,294,276 $-190,437
2022 $382,710 $832,868 $11,391,516 $-450,158
2021 $5,604,162 $1,201,008 $13,991,311 $4,403,154
2020 $5,868,455 $1,067,885 $8,839,835 $4,800,570
2019 $5,191,817 $1,726,231 $3,551,697 $3,465,586
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