Civic Intelligence

Buncombe County Service Foundation

EIN 45-3323540 • 501(c)3 • Asheville, NC

Profile

The buncombe county service foundation's goal is to support and improve access to wellness, recreation, health and community services by building partnerships throughout buncombe county. To help achieve its mission, the foundation board is made up of a mix of county government representatives and community leaders who understand the needs of the county and are working to guide the organization in seeking funding sources and opportunities to enhance county-provided or supported services.

200 College StreetAsheville, NC 28801

buncombeservicefoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

76th percentile

0.33x

Higher debt load relative to assets than 76% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

65th percentile

0.18x

Higher debt load relative to revenue than 65% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

45th percentile

2.1%

Higher net margin than 45% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

80th percentile

22%

Faster asset growth than 80% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

40th percentile

2.1%

Faster revenue growth than 40% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,474,367

Up $270,286 (+22%) from 2015

Liabilities

Up

$492,226

Up $214,905 (+77%) from 2015

Net Assets

Up

$982,141

Up $55,381 (+6.0%) from 2015

Revenue

Up

$2,674,915

Up $54,803 (+2.1%) from 2015

Expenses

Up

$2,619,534

Up $592,820 (+29%) from 2015

Net Income

Down

$55,381

Down $538,017 (-91%) from 2015

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2011: $97,847Liabilities 2011: $02011Assets 2012: $366,504Liabilities 2012: $0Net Assets 2012: $366,5042012Assets 2013: $915,875Liabilities 2013: $53,302Net Assets 2013: $862,5732013Assets 2014: $364,721Liabilities 2014: $31,359Net Assets 2014: $333,3622014Assets 2015: $1,204,081Liabilities 2015: $277,321Net Assets 2015: $926,7602015Assets 2016: $1,474,367Liabilities 2016: $492,226Net Assets 2016: $982,1412016

Highlighted filing

2016

Assets$1,474,367
Liabilities$492,226
Net Assets$982,141

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $100,025Expenses 2011: $2,178Net Income 2011: $97,8472011Revenue 2012: $286,043Expenses 2012: $17,387Net Income 2012: $268,6562012Revenue 2013: $1,200,003Expenses 2013: $703,934Net Income 2013: $496,0692013Revenue 2014: $36,134Expenses 2014: $565,345Net Income 2014: -$529,2112014Revenue 2015: $2,620,112Expenses 2015: $2,026,714Net Income 2015: $593,3982015Revenue 2016: $2,674,915Expenses 2016: $2,619,534Net Income 2016: $55,3812016

Highlighted filing

2016

Revenue$2,674,915
Expenses$2,619,534
Net Income$55,381

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Oct 21, 2016
Return Version
2015v2.1
Gross Receipts
$2,674,915
Mission and Program Overview

Mission

The buncombe county service foundation's goal is to support and improve access to wellness, recreation, health and community services by building partnerships throughout buncombe county. To help achieve its mission, the foundation board is made up of a mix of county government representatives and community leaders who understand the needs of the county and are working to guide the organization in seeking funding sources and opportunities to enhance county-provided or supported services.

The mission of the buncombe county service foundation is to enhance buncombe county by strengthening services that contribute to the health, wellness and quality of life for its citizens.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,204,081$1,474,367▲ $270,286
Total Assets$1,204,081$1,474,367▲ $270,286
Liabilities
Accounts Payable and Accrued Expenses$277,321$492,226▲ $214,905
Total Liabilities$277,321$492,226▲ $214,905
Net Assets / Fund Balance
Temporarily Rstr Net Assets$850,785$963,342▲ $112,557
Unrestricted Net Assets$75,975$18,799▼ $57,176
Total Net Assets Fund Balance$926,760$982,141▲ $55,381
Total Liabilities and Net Assets / Fund Balance$1,204,081$1,474,367▲ $270,286
Compensation and Service Providers

Board Members and Trustees

NameTitle
Amanda StoneChair
Ed ShearyBoard Member
Jerry VehaunBoard Member
John CreightonBoard Member
William McelrathBoard Member
Rachael NygaardExecutive Di
Curtis W EulerSecretary
Tim FloraTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,674,915
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$71,685
Change in Net Assets
$55,381

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,674,915
Total Revenue per Audited Statements
$2,674,915
Total Revenue per Form 990
$2,674,915
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,612,588
Other Expenses$6,946
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,612,588--$2,612,588
Fees for Services Accounting-$3,925-$3,925
Insurance-$1,306-$1,306
Conferences and Meetings-$1,071-$1,071
Office Expenses-$565-$565
Other Expenses-$36-$36
Total Functional Expenses$2,612,588$6,946$0$2,619,534

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,619,534
Total Expenses per Audited Statements$2,619,534
Total Expenses per Form 990$2,619,534
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Asheville Art MuseumAsheville, NC-Maintenance/support$275,750
Pisgah Legal ServicesAsheville, NC-Legal Protection$230,000
Homeward BoundAsheville, NC-Project Rebd./day Ce$150,000
Asheville Housing AuthorityAsheville, NC-Gym Floor Replacemen$120,000
Buncombe County SchoolsAsheville, NC-Career Academy$94,000
All Souls Counseling CenterAsheville, NC-Mental Health Care$90,000
Mountain Housing OpportunitiesAsheville, NC-Affordable Housing$90,000
Asheville Area Habitat for HumanityAsheville, NC-Housing Services/rep$87,500
HelpmateAsheville, NC-Domestic Violence Pr$82,455
Children Firstcommunities in SchooAsheville, NC-Success Coordinators$78,930
YwcaAsheville, NC-Childcare/mother Lov$75,000
Pack Place Dba Diana Wortham TheatrAsheville, NC-Maintenance/operatio$74,250
Mt Zion Community DevelopmentAsheville, NC-Projects Naf/empower$55,000
AbccmAsheville, NC-Community Navigator$50,000
AbipaAsheville, NC-Community Navigator$50,000
Asheville GreenworksAsheville, NC-Cleaning/greening$50,000
Colburn Earth Science MuseumAsheville, NC-Museum Exhibits$50,000
Eblen CharitiesAsheville, NC-Graduation Init.$50,000
One Youth at a TimeAsheville, NC-Youth Mentoring Prog$50,000
The Support CenterAsheville, NC-Wbcw Capital Access$50,000
Big Ivy Community ClubBarnardsville, NC-Community Center$48,000
Project Lighten UpAsheville, NC-Support$43,000
Green OpportunitiesAsheville, NC-Kitchen Ready Progra$42,825
Manna FoodbankAsheville, NC-Hunger Relief$40,000
Ymi Cultural CenterAsheville, NC-Cultural Center$40,000
Wnc CommunitiesAsheville, NC-Community Developmen$35,000
Arc of Buncombe CountyAsheville, NC-Service for Intellec$30,000
Asheville Buncombe Regional SportsAsheville, NC-Sport Programs$30,000
The Sparc NetworkAsheville, NC-Community Navigator$28,211
AsapAsheville, NC-Local Food$27,500
Leicester Community CenterLeicester, NC-Digital Sign$26,516
Asheville Downtown Association FounAsheville, NC-2015/2016 Events$25,000
Big Ivy Community ClubBarnardsville, NC-Community Navigator$25,000
YwcaAsheville, NC-Community Navigator$25,000
Swannanoa Valley Christian MinistryBlack Mountain, NC-Community Navigator$21,846
Asheville Area Arts CouncilAsheville, NC-Funding for General$20,000
Child Abuse Prevention ServicesAsheville, NC-Child Advocacy Serv.$19,000
Friends of the Wnc Nature CenterAsheville, NC-Offset Admission Cst$16,670
The Sparc NetworkAsheville, NC-Admin. Support$16,560
RiverlinkAsheville, NC-Hominy Creek Greenwa$15,750
Asheville Community TheatreAsheville, NC-Art Immersion/access$15,000
Buncombe CountyAsheville, NC-Crime Preven Support$13,850
Eblen CharitiesAsheville, NC-Community Navigator$10,000
The Mediation CenterAsheville, NC-Visitation Program$10,000
Just EconomicsAsheville, NC-Poverty Remediation$9,375
Environmental Quality InstituteAsheville, NC-Volunteer Water Info$8,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 was reviewed by the foundation's treasurer.

Form 990, Page 6, Part VI, Line 19

Governing documents and financial information are available on request.

Filing and Contact Details

Filer

Filer Name
Buncombe County Service Foundation
EIN
45-3323540
Phone
8282506536
Address
200 COLLEGE STREET, ASHEVILLE, NC 28801

Signing Officer

Name
Tim Flora
Title
Treasurer
Phone
8282506704
Signed
2016-10-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Flora
Formed
2011
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Gould Killian CPA Group Pa
Address
100 COXE AVE, ASHEVILLE, NC 28801-2354
Preparer
Dan Mullinix CPA
Phone
8282580363
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The buncombe county service foundation's goal is to support and improve access to wellness, recreation, health and community services by building partnerships throughout buncombe county. To help achieve its mission, the foundation board is made up of a mix of county government representatives and community leaders who understand the needs of the county and are working to guide the organization in seeking funding sources and opportunities to enhance county-provided or supported services.

Form 990, Page 2, Part III, Line 4D

Various grants with purpose of assistance included on schedule i.

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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1CRIME PREVEN SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2DIGITAL SIGN
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3ADMIN. SUPPORT
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5VISITATION PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6SUPPORT
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8MAINTENANCE/OPERATIO
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10OFFSET ADMISSION CST
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11MENTAL HEALTH CARE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12CHILDCARE/MOTHER LOV
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt13AFFORDABLE HOUSING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt14YOUTH MENTORING PROG
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt15LEGAL PROTECTION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt16HOUSING SERVICES/REP
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt17SERVICE FOR INTELLEC
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt18KITCHEN READY PROGRA
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt21ART IMMERSION/ACCESS
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt23CLEANING/GREENING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt24SPORT PROGRAMS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt25COMMUNITY CENTER
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt26CAREER ACADEMY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt27CHILD ADVOCACY SERV.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt28SUCCESS COORDINATORS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt29MUSEUM EXHIBITS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt30GRADUATION INIT.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt31VOLUNTEER WATER INFO
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt32DOMESTIC VIOLENCE PR
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt33PROJECT REBD./DAY CE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt34HUNGER RELIEF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt35PROJECTS NAF/EMPOWER
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt36HOMINY CREEK GREENWA
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt37COMMUNITY DEVELOPMEN
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt38CULTURAL CENTER
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt39COMMUNITY NAVIGATOR
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt40COMMUNITY NAVIGATOR
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt41COMMUNITY NAVIGATOR
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt42COMMUNITY NAVIGATOR
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2LEICESTER COMMUNITY CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3THE SPARC NETWORK
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4THE SUPPORT CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5THE MEDIATION CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6PROJECT LIGHTEN UP
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7ASHEVILLE ART MUSEUM
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8PACK PLACE DBA DIANA WORTHAM THEATR
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9JUST ECONOMICS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10FRIENDS OF THE WNC NATURE CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11ALL SOULS COUNSELING CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12YWCA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt13MOUNTAIN HOUSING OPPORTUNITIES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt14ONE YOUTH AT A TIME
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt15PISGAH LEGAL SERVICES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt16ASHEVILLE AREA HABITAT FOR HUMANITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt17ARC OF BUNCOMBE COUNTY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt18GREEN OPPORTUNITIES
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt20ASHEVILLE AREA ARTS COUNCIL
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt23ASHEVILLE GREENWORKS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt24ASHEVILLE BUNCOMBE REGIONAL SPORTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt25BIG IVY COMMUNITY CLUB
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt26BUNCOMBE COUNTY SCHOOLS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt27CHILD ABUSE PREVENTION SERVICES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt28CHILDREN FIRSTCOMMUNITIES IN SCHOO
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt29COLBURN EARTH SCIENCE MUSEUM
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt30EBLEN CHARITIES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt31ENVIRONMENTAL QUALITY INSTITUTE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt32HELPMATE
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt34MANNA FOODBANK
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt35MT ZION COMMUNITY DEVELOPMENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt36RIVERLINK
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt37WNC COMMUNITIES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt38YMI CULTURAL CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt39ABIPA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt40SWANNANOA VALLEY CHRISTIAN MINISTRY
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt44EBLEN CHARITIES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt45THE SPARC NETWORK
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