Civic Intelligence

Cherokee Historical Assoiciation Inc

EIN 56-0623957 • 501(c)3 • Cherokee, NC

View Organization Page

Profile

Cherokee indian in north america

PO Box 398Cherokee, NC 28719

n/A

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.73x

Higher debt load relative to assets than 93% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

76th percentile

0.37x

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

NTEE A • $1M-$5M nonprofits • Source year 2024

Net Margin

52nd percentile

6.2%

Higher net margin than 52% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

83rd percentile

$133,900

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

NTEE A • $1M-$5M nonprofits • Source year 2024

Asset Growth

90th percentile

69%

Faster asset growth than 90% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

96th percentile

527%

Faster revenue growth than 96% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Up

$1,506,823

Up $616,492 (+69%) from 2023

Liabilities

Up

$1,095,005

Up $354,816 (+48%) from 2023

Net Assets

Up

$411,818

Up $261,676 (+174%) from 2023

Operations
Liabilities / Revenue76th percentileNet Margin52nd percentile

Revenue

Up

$2,951,589

Up $2,480,694 (+527%) from 2023

Expenses

Up

$2,768,676

Up $170,170 (+6.5%) from 2023

Net Income

Up

$182,913

Up $2,310,524 (+109%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth90th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $4,144,244Liabilities 2011: $299,365Net Assets 2011: $3,844,8792011Assets 2012: $3,811,335Liabilities 2012: $484,594Net Assets 2012: $3,326,7412012Assets 2013: $3,540,403Liabilities 2013: $477,364Net Assets 2013: $3,063,0392013Assets 2014: $3,138,830Liabilities 2014: $458,747Net Assets 2014: $2,680,0832014Assets 2015: $3,168,731Liabilities 2015: $79,905Net Assets 2015: $3,088,8262015Assets 2016: $3,198,846Liabilities 2016: $464,897Net Assets 2016: $2,733,9492016Assets 2017: $3,360,108Liabilities 2017: $522,262Net Assets 2017: $2,837,8462017Assets 2018: $3,319,991Liabilities 2018: $274,457Net Assets 2018: $3,045,5342018Assets 2019: $3,268,628Liabilities 2019: $463,872Net Assets 2019: $2,804,7562019Assets 2020: $3,327,974Liabilities 2020: $390,224Net Assets 2020: $2,937,7502020Assets 2021: $736,664Liabilities 2021: $594,628Net Assets 2021: $142,0362021Assets 2022: $538,448Liabilities 2022: $407,263Net Assets 2022: $131,1852022Assets 2023: $890,331Liabilities 2023: $740,189Net Assets 2023: $150,1422023Assets 2024: $1,506,823Liabilities 2024: $1,095,005Net Assets 2024: $411,8182024

Highlighted filing

2024

Assets$1,506,823
Liabilities$1,095,005
Net Assets$411,818
Open 2024 Filing

Operations Trend

Revenue Growth96th percentile

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

$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2011: $1,906,972Expenses 2011: $2,447,231Net Income 2011: -$540,2592011Revenue 2012: $1,978,218Expenses 2012: $2,496,356Net Income 2012: -$518,1382012Revenue 2013: $1,810,341Expenses 2013: $2,074,043Net Income 2013: -$263,7022013Revenue 2014: $1,725,559Expenses 2014: $2,108,515Net Income 2014: -$382,9562014Revenue 2015: $2,233,307Expenses 2015: $2,236,749Net Income 2015: -$3,4422015Revenue 2016: $2,179,331Expenses 2016: $2,534,208Net Income 2016: -$354,8772016Revenue 2017: $2,384,252Expenses 2017: $2,703,118Net Income 2017: -$318,8662017Revenue 2018: $2,198,723Expenses 2018: $2,222,851Net Income 2018: -$24,1282018Revenue 2019: $2,267,886Expenses 2019: $2,190,821Net Income 2019: $77,0652019Revenue 2020: $1,279,391Expenses 2020: $1,146,397Net Income 2020: $132,9942020Revenue 2021: $3,208,041Expenses 2021: $2,171,790Net Income 2021: $1,036,2512021Revenue 2022: $2,328,487Expenses 2022: $2,907,768Net Income 2022: -$579,2812022Revenue 2023: $470,895Expenses 2023: $2,598,506Net Income 2023: -$2,127,6112023Revenue 2024: $2,951,589Expenses 2024: $2,768,676Net Income 2024: $182,9132024

Highlighted filing

2024

Revenue$2,951,589
Expenses$2,768,676
Net Income$182,913
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,506,823
Liabilities
$1,095,005
Net assets
$411,818
Revenue
$2,951,589
Expenses
$2,768,676
Net income
$182,913
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$1.10$0.41$2.95$2.77$0.18
2023Detailed filing. Detailed filing data is available for this year.$0.89$0.74$0.15$0.47$2.60$2.13
2022Detailed filing. Detailed filing data is available for this year.$0.54$0.41$0.13$2.33$2.91$0.58
2021Detailed filing. Detailed filing data is available for this year.$0.74$0.59$0.14$3.21$2.17$1.04
2020Detailed filing. Detailed filing data is available for this year.$3.33$0.39$2.94$1.28$1.15$0.13
2019Detailed filing. Detailed filing data is available for this year.$3.27$0.46$2.80$2.27$2.19$0.08
2018Detailed filing. Detailed filing data is available for this year.$3.32$0.27$3.05$2.20$2.22$0.02
2017Detailed filing. Detailed filing data is available for this year.$3.36$0.52$2.84$2.38$2.70$0.32
2016Detailed filing. Detailed filing data is available for this year.$3.20$0.46$2.73$2.18$2.53$0.35
2015Detailed filing. Detailed filing data is available for this year.$3.17$0.08$3.09$2.23$2.24$0.00
2014Detailed filing. Detailed filing data is available for this year.$3.14$0.46$2.68$1.73$2.11$0.38
2013Detailed filing. Detailed filing data is available for this year.$3.54$0.48$3.06$1.81$2.07$0.26
2012Summary only. Only limited summary data is available for this year.$3.81$0.48$3.33$1.98$2.50$0.52
2011Summary only. Only limited summary data is available for this year.$4.14$0.30$3.84$1.91$2.45$0.54
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.2
Gross Receipts
$2,976,747
Mission and Program Overview

Mission

To perpetuate the history and culture of the cherokee indians in north america.

Cherokee indian in north america

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$546,813$721,153▲ $174,340
Pledges and Grants Receivable-$411,818-
Cash and Non-Interest-Bearing Accounts$336,687$367,334▲ $30,647
Accounts Receivable$6,831$6,518▼ $313
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$890,331$1,506,823▲ $616,492
Liabilities
Accounts Payable and Accrued Expenses$409,879$516,039▲ $106,160
Unsecured Notes Loans Payable$241,976$284,591▲ $42,615
Other Liabilities-$267,145-
Mortgage Notes Payable Secured by Investment Property$9,571$27,230▲ $17,659
Total Liabilities$661,426$1,095,005▲ $433,579
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$150,142$411,818▲ $261,676
Net Assets With Donor Restrictions$78,763--
Total Net Assets Fund Balance$228,905$411,818▲ $182,913
Total Liabilities and Net Assets / Fund Balance$890,331$1,506,823▲ $616,492

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,018,321--
Land$251,313--
Equipment$600,099--
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lance CulpepperInterim Co Exe DirectorFT$66,950$66,950$133,900
Laura BlytheProgram DirectorFT$66,950$66,950$133,900
Eliza ReedFinance DirectorFT$54,114$54,114$108,228
Marina Hunley-grahamArtistic DirectorFT$52,044$52,044$104,088
Chelsey MooreProgramsFT$40,290$40,290$80,580
Joseph WilnotyMaintenance SupervisiorFT$39,333$39,333$78,666
Dustin WolfeProgram ManagerFT$39,271$39,271$78,542
Michael RamosManufacturing CoordinatorFT$33,072$33,072$66,144
Nathan BushProgram CoordinatorFT$31,055$31,055$62,110

Board Members and Trustees

NameTitle
Andrew OocummaChair
Larry BlytheVice Chair
Na-
Hope HuskeyMember
Jeremy HyattMember
Paxton MyersMember
Perry ShellMember
Emma McmillanSecretary
Cory BlankenshipTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,150,535
Program Service Revenue
$1,773,492
Investment Income
$357
Other Revenue
$27,205
Change in Net Assets
$182,913
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,555,385
Other Expenses$674,276
Grants and Similar Amounts Paid$539,015
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$857,220$0$0$857,220
Grants to Domestic Orgs$539,015--$539,015
All Other Expenses$191,036$257,764$0$448,800
Current Officers, Directors, Trustees, and Key Employees$0$423,079$0$423,079
Payroll Taxes$124,235$31,059$0$155,294
Insurance$0$131,821$0$131,821
Other Employee Benefits$88,906$22,227$0$111,133
Interest$0$23,820$0$23,820
Pension Plan Contributions$0$8,659$0$8,659
Fees for Services Accounting$0$7,875$0$7,875
Other Expenses$0$6,631$0$6,631
Travel$5,269$0$0$5,269
Office Expenses$0$154$0$154
Total Functional Expenses$1,838,629$930,047$0$2,768,676
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
No
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Cherokee Historical Assoiciation Inc
EIN
56-0623957
Phone
8284972111
Address
PO BOX 398, CHEROKEE, NC 28719

Signing Officer

Name
Eliza Reed
Title
Finance Manager
Phone
8284972111
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cherokee Historical Association Inc
Formed
1948
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
177
Volunteers
0

Preparer

Firm
Elevated Accounting
Address
25 Hillcrest Drive, Clyde, NC 28721
Preparer
Pamela Leal
Phone
8282831232
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The 990 is first reviewd by the executive director and finance director. After their approval, the 990 is presented to the finance committee who approves the return.”

Pt VI, Line 12C

“Any conflicts of interest are made public at board of directors meetings.”

Pt VI, Line 15A

“The organization has established salary scales for all positions. The board of directors are involved in this process and in the hiring of top management.”

Pt VI, Line 15B

“Theorganization has established salary scales for all positions. The board of directors are involved in the process and in hiring all key employees.”

Pt VI, Line 19

“The organization makes access to governing documents and information returns open to the general public. The documents avaliable upon request by interested parties.”

Form 990, Part IX, Line 24E

“Landscaping expense 14700. 0. 14700. 0.”

Form 990, Part IX, Line 24E

“DONATIONS 0. 0. 0. 0.”

Form 990, Part IX, Line 24E

“Dues and subscriptions 12656. 0. 12656. 0.”

Form 990, Part IX, Line 24E

“Pest control 5900. 0. 5900. 0.”

Form 990, Part IX, Line 24E

“Auto expense 1515. 0. 1515. 0.”

Form 990, Part IX, Line 24E

“Utilities 92062. 0. 92062. 0.”

Form 990, Part IX, Line 24E

“Telephone exp 55094. 0. 55094. 0.”

Form 990, Part IX, Line 24E

“Equipment rental 15262. 0. 15262. 0.”

Form 990, Part IX, Line 24E

“POSTAGE 404. 0. 404. 0.”

Form 990, Part IX, Line 24E

“Repairs & maintenance 38814. 0. 38814. 0.”

Form 990, Part IX, Line 24E

“Taxes & license 21357. 0. 21357. 0.”

Form 990, Part IX, Line 24E

“Program expenses 191036. 191036. 0. 0.”

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