VALDESE, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WALDENSIAN HERITAGE FOUNDATION INC, founded in 2021, is a small nonprofit in the Arts, Culture & Humanities sector that reported $124K in total revenue in fiscal year 2024. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $116K left a modest 7% surplus.
TO PRESERVE AND PROMOTE THE CULTURAL HERITAGE, THE GENEALOGICAL RECORDS, AND THE RELIGIOUS DEVOTION OF THE WALDENSES WHO IMMIGRATED FROM COTTIAN ALPS OF NORTHWESTERN ITALY AND SETTLED IN VALDESE, NORTH CAROLINA, STARTING IN MAY 1893, AS WELL AS TO EDUCATE THE COMMUNITY ABOUT THIS IMPORTANT PART OF HISTORY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $123,922 | $242,004 | -0.5% |
| Expenses | $115,585 | $163,300 | -0.3% |
| Net Income | $8,337 | $78,704 | -0.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ROBERT MURRAY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PAGE ANDERSEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PAM PONS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MORRISSA ANGI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVE DEMITER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID FLETCHER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVE MARTINANT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN BOUNOUS | SECRETARY | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARK ROSTAN | TREASURER | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN HELIMAN | CHAIR | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| JIM ROSTAN | VICE-CHAIR | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| FRANK GRILL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $123,922 | $115,585 | $2,037,428 | $8,337 |
| 2023 | $242,004 | $163,300 | $2,012,242 | $78,704 |
| 2022 | $1,918,045 | $9,507 | $1,940,493 | $1,908,538 |
Compare WALDENSIAN HERITAGE FOUNDATION INC with other nonprofits in North Carolina and across the country.