Historic Johnson Farm Foundation Inc

EIN: 841874209 501(c)(3) Arts, Culture & Humanities

Hendersonville, NC

Total Revenue
$95,965
Total Expenses
$41,219
Total Assets
$558,419
Net Assets
$558,419
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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
2020
Legal Domicile
NC
Phone
8288916585
Tax Period
2021-07-01 to 2022-06-30

Historic Johnson Farm Foundation Inc, founded in 2020, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $96K in total revenue in fiscal year 2021. Revenue fell 25% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $55K, a strong 57% operating margin.

Mission

To provide cultural heritage experieces and educational opportunities for school children and the community. Preserving the past to enrich the future.

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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 (2021)

Revenue Breakdown

Contributions & Grants $64,017
Program Service Revenue $22,153
Investment Income $7,073
Other Revenue $2,722
TOTAL REVENUE $95,965

Expense Breakdown

Grants Paid $3,570
Salaries & Benefits $4,750
Fundraising Expenses $5,089
Program Expenses $32,471
Other Expenses $32,899
TOTAL EXPENSES $41,219

Year-over-Year Comparison

2021 2020 Change
Revenue $95,965 $127,929 -0.2%
Expenses $41,219 $119,976 -0.7%
Net Income $54,746 $7,953 +5.9%
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

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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
65

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
$46,861
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mandy Gibson Executive Director 4.00
Officer
$0 $13,866 $46,861
Robin Ertzberger Chair 0.50
Officer Director
$0 $0 $0
Andrea Staton Vice-Chair 0.50
Officer Director
$0 $0 $0
Kathie Doole Treasurer 1.00
Officer Director
$0 $0 $0
Shannon Marlowe Secretary 0.50
Officer Director
$0 $0 $0
Kemper Gibson Member 0.50
Director
$0 $0 $0
Hannah Duncan Member 0.50
Director
$0 $0 $0
Marjorie Krueger Member 0.50
Director
$0 $0 $0
Tippy Guffey Member 0.50
Director
$0 $0 $0
Deborah Johnson Member 0.50
Director
$0 $0 $0
Blaine Lowery Member 0.50
Director
$0 $0 $0
Ingrid McNair Member 0.50
Director
$0 $0 $0
Robert Grayson Member 0.50
Director
$0 $0 $0
Bethany Adams Member 0.50
Director
$0 $0 $0
Simone Wertenberger Member 0.50
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 $95,965 $41,219 $558,419 $54,746
2021 $127,929 $119,976 $533,136 $7,953
2020 $593,250 $100,677 $481,463 $492,573
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