Grandfather Community Foundation Inc (EIN 832713258) - Form 990 Financial Analysis & Trantor Score

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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

2018

Legal Domicile

Phone

8288984531

Tax Period

2023-01-01 to 2023-12-31

Grandfather Community Foundation Inc, founded in 2018, is a small nonprofit in the Human Services sector that reported $283K in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $119K, a strong 42% operating margin.

Mission

TO IDENTIFY AVENUES FOR THE MEMBERS OF GRANDFATHER GOLF AND COUNTRY CLUB TO IMPROVE THE LIVES OF THE PEOPLE OF AVERY COUNTY AND MOBILIZE THE MEMBERS TO DO SO THROUGH EDUCATION AND SERVICE 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $251,896

Program Service Revenue $0

Investment Income $15,616

Other Revenue $15,743

TOTAL REVENUE $283,255

Expense Breakdown

Grants Paid $121,989

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $143,468

Other Expenses $41,797

TOTAL EXPENSES $163,786

Year-over-Year Comparison

	2023	2022	Change
Revenue	$283,255	$198,510	+0.4%
Expenses	$163,786	$94,849	+0.7%
Net Income	$119,469	$103,661	+0.2%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BETH KERLIN	VICE PRESIDENT THROUGH MAY 2023	1.0	Officer Director	$0	$0	$0
Charles Dunn	Vice President Beginning June 2023	1.0	Officer Director	$0	$0	$0
FRANCES MAGRUDER	PRESIDENT	1.0	Officer Director	$0	$0	$0
HAZEL ALLIN	TREASURER	1.0	Officer Director	$0	$0	$0
MARGARET MCKIBBIN	SECRETARY	1.0	Officer Director	$0	$0	$0
ANNE MAGRUDER	DIRECTOR	1.0	Director	$0	$0	$0
BILL TAYLOR	DIRECTOR	1.0	Director	$0	$0	$0
EMILY HARRY	DIRECTOR	1.0	Director	$0	$0	$0
GAIL GARRISON	DIRECTOR	1.0	Director	$0	$0	$0
JANE GORRELL	DIRECTOR	1.0	Director	$0	$0	$0
JENN Freno	Director	1.0	Director	$0	$0	$0
Joanna Roberts	Director	1.0	Director	$0	$0	$0
JOE PERRY	DIRECTOR	1.0	Director	$0	$0	$0
LEANNE WHITLEY	DIRECTOR	1.0	Director	$0	$0	$0
ROB KING	DIRECTOR	1.0	Director	$0	$0	$0
RUSS ROBINSON	DIRECTOR	1.0	Director	$0	$0	$0
SUNNY LAWSON	DIRECTOR	1.0	Director	$0	$0	$0
SUSAN JOHNSON	DIRECTOR	1.0	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	No data	No data	No data	No data
2023	$283,255	$163,786	$500,151	$119,469
2022	$198,510	$94,849	$381,951	$103,661

Grandfather Community Foundation Inc