Reparations Stakeholder Authority of Asheville RSAA

EIN: 932070768 501(c)(3) Philanthropy & Grantmaking

Asheville, NC

Total Revenue
$566,484
Total Expenses
$321,684
Total Assets
$511,573
Net Assets
$501,425
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
NC
Principal Officer
Torre White-Garrison
Phone
8287672119
Tax Period
2024-01-01 to 2024-12-31

Reparations Stakeholder Authority of Asheville RSAA, founded in 2023, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $566K in total revenue in fiscal year 2024. The organization ran a surplus of $245K, a strong 43% operating margin.

Mission

The RSAA is a nonprofit organizaiton established to advance reparative justice by addressing the ongoing impacts of systemic racism through education, community-informed resource distribution, and healing-centered practices. The organization works to promote equity, accountability, and long-term community wellbeing through sustainable, community-based approaches.

Program Service Accomplishments

Program 1
Expenses: $188,115 Revenue: $0

Reparative Justice Education and Public Engagement: In 2024, the RSAA expanded its educational programming to deepen public understanding of systemic racism, reparative justice frameworks, and civic...

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Reparative Justice Education and Public Engagement: In 2024, the RSAA expanded its educational programming to deepen public understanding of systemic racism, reparative justice frameworks, and civic participation. Programming emphasized accessible education, local context, and informed engagement during a critical civic period. . Educational offerings included workshops, facilitated discussions, public presentations, and learning series focused on local governance, policy impacts, and community-informed solutions. Programs were designed to support critical thinking and informed civic participation. . Key Outcomes: -Delivered expanded educational programming throughout the year -Engaged hundreds of participants through structured learning sessions -Increased access to civic and policy education related to local decision-making

Program 2

Community-Informed Resource Support and Relief Efforts In 2024, the RSAA provided community-informed resource support in response to urgent community needs, including disaster-related impacts...

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Community-Informed Resource Support and Relief Efforts In 2024, the RSAA provided community-informed resource support in response to urgent community needs, including disaster-related impacts following Hurricane Helene. The organization coordinated direct assistance efforts grounded in equity, dignity, and responsiveness to community-identified priorities. . Support included financial assistance, basic needs support, and coordination with partner organizations to ensure timely and effective distribution of resources. These efforts aimed to stabilize households and reduce immediate harm resulting from crisis conditions. . Key Outcomes: -Provided direct support to more than 13,000 individuals -Distributed over $100,000 in direct financial and material assistance -Coordinated relief efforts across multiple impacted communities

Program 3

Community Governance and Institutional Development In 2024, the RSAA advanced community-guided governance and institutional development to support long-term reparative justice infrastructure...

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Community Governance and Institutional Development In 2024, the RSAA advanced community-guided governance and institutional development to support long-term reparative justice infrastructure. Activities focused on strengthening community-informed decision-making, accountability practices, and sustainable organizational growth. . The organization continued to develop systems to support responsible stewardship of resources, community trust, and long-term impact aligned with charitable purposes. . Key Outcomes: -Expanded internal systems to support community-guided decision-making -Strengthened financial and operational accountability -Advanced long-term planning for sustainable charitable impact

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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 $566,748
Program Service Revenue $0
Investment Income $2,836
Other Revenue $-3,100
TOTAL REVENUE $566,484

Expense Breakdown

Grants Paid $87,643
Salaries & Benefits $129,263
Fundraising Expenses $52,170
Program Expenses $188,115
Other Expenses $104,778
TOTAL EXPENSES $321,684

Year-over-Year Comparison

2024 2023 Change
Revenue $566,484 N/A N/A
Expenses $321,684 N/A N/A
Net Income $244,800 N/A N/A
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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Governance

Voting Members
4
Independent Members
3
Employees
2
Volunteers
40

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
2
$80,954
Total Directors
4
$81,504
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Torre Garrison President/Founder/Executive Director 40.00
Officer Director
$80,404 $0 $80,404
Stephanie Hickling-Beckman Chair 1.00
Officer Director
$0 $550 $550
Ray Hemachandra Member 0.50
Director
$0 $550 $550
Tera Coffey 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
2024 $566,484 $321,684 $511,573 $244,800
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