APPALACHIAN HIGHLANDS ECONOMIC DEVELOPMENT PARTNERSHIP INC

EIN: 920465383 Community Improvement

KINGSPORT, TN

Total Revenue
$580,044
Total Expenses
$696,360
Total Assets
$82,965
Net Assets
$49,697
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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
2022
Legal Domicile
TN
Principal Officer
JOHN ROSE
Phone
4232120157
Tax Period
2024-07-01 to 2025-06-30

APPALACHIAN HIGHLANDS ECONOMIC DEVELOPMENT PARTNERSHIP INC, founded in 2022, is a small nonprofit in the Community Improvement sector that reported $580K in total revenue in fiscal year 2024. Expenses of $696K exceeded revenue, resulting in a 20% operating deficit.

Mission

THE ADVANCEMENT OF BUSINESS CONDITIONS AND OVERALL ECONOMIC PROSPERTY OF AN EIGHT COUNTY AREA OF NORTHEAST TN, COMPRISE OF JOHNSON, UNICOI, CARTER, WASHINGTON, SULLIVAN, GREEN, HAWKINS AND HANCOCK COUNTIES BY (I) SUPPORTING EXISTING ECONOMIC DEVELOPMENT ORGANZATIONS SUCH AS CHAMBERS OF COMMERCE, TOURISM DEVELOPMENT OFFICES, ECONOMIC AND INDUSTRIAL DEVELOPMENT BOARDS, WORKFORCE DEVELOPMENT EFFORTS AND OTHER SIMILAR ORGANIZATIONS, (II) PROVIDING ASSITANCE TO COUNTY AND CITY ECONOMIC AND WORKFORCE DEVELOPMENT INITATIVES AND (III) UNIFYING AND AMPLIFYING THE REGION'S COLLECTIVE VOICES.

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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 $555,000
Program Service Revenue $5,044
Investment Income $0
Other Revenue $20,000
TOTAL REVENUE $580,044

Expense Breakdown

Grants Paid $0
Salaries & Benefits $477,599
Fundraising Expenses $0
Other Expenses $218,761
TOTAL EXPENSES $696,360

Year-over-Year Comparison

2024 2023 Change
Revenue $580,044 $600,000 0.0%
Expenses $696,360 $714,069 0.0%
Net Income $-116,316 $-114,069 +0.0%
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
9
Independent Members
9
Employees
3
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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JERRY CALDWELL BOARD CHAIR 1.00
Officer Director
$0 $0 $0
BRIAN NOLAND VICE CHAIR 1.00
Officer Director
$0 $0 $0
WILL BARRETT TREASURER 1.00
Officer Director
$0 $0 $0
CATHY BALL DIRECTOR 0.50
Director
$0 $0 $0
ADRIAN HOLT TREASURER 0.50
Officer Director
$0 $0 $0
JOE GRANDY DIRECTOR 0.50
Director
$0 $0 $0
JULIE BENNETT DIRECTOR 0.50
Director
$0 $0 $0
PAUL MONTGOMERY DIRECTOR 0.50
Director
$0 $0 $0
RICHARD VENABLE DIRECTOR 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
2025 $580,044 $696,360 $82,965 $-116,316
2024 $600,000 $714,069 $185,311 $-114,069
2023 $775,000 $494,918 $289,388 $280,082
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