Civic Intelligence

Mountain Projects Inc.

990 • Fiscal year 2016 • EIN 56-0849092

Jul 01, 2015 to Jun 30, 2016 • Filed on Jan 26, 2017

2251 Old Balsam RoadWaynesville, NC 28786

(828) 452-1447

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$6,706,067

Down $239,849 (-3.5%) from 2015

Net Assets

Down

$3,873,362

Down $249,514 (-6.1%) from 2015

Liabilities

Up

$2,832,705

Up $9,665 (+0.3%) from 2015

Revenue And Expenses

Revenue

Up

$12,063,663

Up $923,369 (+8.3%) from 2015

Expenses

Up

$12,313,177

Up $508,327 (+4.3%) from 2015

Net Income

Up

-$249,514

Up $415,042 (+62%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2010: $5,832,972Liabilities 2010: $1,931,080Net Assets 2010: $3,901,8922010Assets 2011: $5,935,499Liabilities 2011: $2,174,764Net Assets 2011: $3,760,7352011Assets 2012: $7,315,622Liabilities 2012: $3,547,720Net Assets 2012: $3,767,9022012Assets 2013: $7,530,840Liabilities 2013: $2,866,584Net Assets 2013: $4,664,2562013Assets 2014: $7,673,909Liabilities 2014: $2,886,477Net Assets 2014: $4,787,4322014Assets 2015: $6,945,916Liabilities 2015: $2,823,040Net Assets 2015: $4,122,8762015Assets 2016: $6,706,067Liabilities 2016: $2,832,705Net Assets 2016: $3,873,3622016Assets 2017: $6,967,975Liabilities 2017: $2,779,227Net Assets 2017: $4,188,7482017Assets 2018: $7,553,837Liabilities 2018: $3,353,483Net Assets 2018: $4,200,3542018Assets 2019: $7,385,405Liabilities 2019: $2,954,015Net Assets 2019: $4,431,3902019Assets 2020: $8,340,738Liabilities 2020: $3,226,583Net Assets 2020: $5,114,1552020Assets 2021: $9,904,248Liabilities 2021: $3,608,766Net Assets 2021: $6,295,4822021Assets 2022: $12,244,902Liabilities 2022: $4,247,216Net Assets 2022: $7,997,6862022Assets 2023: $11,961,611Liabilities 2023: $3,561,673Net Assets 2023: $8,399,9382023Assets 2024: $13,057,329Liabilities 2024: $3,903,954Net Assets 2024: $9,153,3752024Assets 2025: $15,546,184Liabilities 2025: $3,390,739Net Assets 2025: $12,155,4452025

Highlighted filing

2016

Assets$6,706,067
Liabilities$2,832,705
Net Assets$3,873,362

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MExpenses 2010: $11,093,9642010Revenue 2011: $11,976,617Expenses 2011: $12,117,774Net Income 2011: -$141,1572011Expenses 2012: $12,313,1052012Expenses 2013: $12,448,2282013Revenue 2014: $11,048,582Expenses 2014: $10,925,406Net Income 2014: $123,1762014Revenue 2015: $11,140,294Expenses 2015: $11,804,850Net Income 2015: -$664,5562015Revenue 2016: $12,063,663Expenses 2016: $12,313,177Net Income 2016: -$249,5142016Revenue 2017: $12,453,235Expenses 2017: $12,137,849Net Income 2017: $315,3862017Revenue 2018: $12,445,764Expenses 2018: $12,434,158Net Income 2018: $11,6062018Revenue 2019: $12,739,400Expenses 2019: $12,508,364Net Income 2019: $231,0362019Revenue 2020: $13,490,702Expenses 2020: $12,807,937Net Income 2020: $682,7652020Revenue 2021: $15,189,679Expenses 2021: $14,008,352Net Income 2021: $1,181,3272021Revenue 2022: $16,388,173Expenses 2022: $14,685,969Net Income 2022: $1,702,2042022Revenue 2023: $14,988,273Expenses 2023: $14,586,021Net Income 2023: $402,2522023Revenue 2024: $19,038,316Expenses 2024: $18,284,879Net Income 2024: $753,4372024Revenue 2025: $23,698,985Expenses 2025: $20,696,915Net Income 2025: $3,002,0702025

Highlighted filing

2016

Revenue$12,063,663
Expenses$12,313,177
Net Income-$249,514
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 26, 2017
Return Version
2015v3.0
Gross Receipts
$12,141,808
Mission and Program Overview

Mission

Mountain projects community action agency changes people's lives, embodies the spirit of hope, improves communities, and makes haywood and jackson counties a better place to live.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,099,603$3,843,808▼ $255,795
Savings and Temporary Cash Investments$1,842,429$2,023,002▲ $180,573
Pledges and Grants Receivable$506,545$446,732▼ $59,813
Accounts Receivable$274,580$257,164▼ $17,416
Prepaid Expenses and Deferred Charges$63,280$56,418▼ $6,862
Inventories for Sale or Use$8,470$6,931▼ $1,539
Total Assets$6,945,916$6,706,067▼ $239,849
Other Assets Total$151,009$72,012▼ $78,997
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,552,155$1,537,266▼ $14,889
Accounts Payable and Accrued Expenses$1,070,102$1,036,508▼ $33,594
Other Liabilities$94,810$186,091▲ $91,281
Deferred Revenue$105,973$72,840▼ $33,133
Total Liabilities$2,823,040$2,832,705▲ $9,665
Net Assets / Fund Balance
Unrestricted Net Assets$4,048,709$3,732,248▼ $316,461
Temporarily Rstr Net Assets$74,167$141,114▲ $66,947
Total Net Assets Fund Balance$4,122,876$3,873,362▼ $249,514
Total Liabilities and Net Assets / Fund Balance$6,945,916$6,706,067▼ $239,849

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,937,648$1,410,136$4,347,784
Other Land Buildings$271,500$1,840,575$2,112,075
Land$634,660-$634,660
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Patsy DavisExecutive DiFT$96,635$34,305$130,940

Board Members and Trustees

NameTitle
Gavin BrownChairman
Brenda OliverPast Chair
Mark SwangerPast Chair
Charles E EldersVice Chair
Alison Laird-largeBoard Member
Amy SimsBoard Member
Anthony CabeBoard Member
Bob CochranBoard Member
Elizabeth FeichterBoard Member
Georgia ForneyBoard Member
Jessica GibsonBoard Member
Lynda SossamonBoard Member
Lynn MilnerBoard Member
Matthew WellsBoard Member
Talmadge Stone BlevinsBoard Member
Veronica NicholasBoard Member
Richard FradySecretary
Robert G FulbrightTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Ta HudsonConstruction81 OLD CORBIN MOUNTAIN ROAD, Zirconia, NC 28790$133,322
A&e ContractorsConstruction601 OLD US 19-23 HWY, Candler, NC 28715$100,081
Revenue and Support

Revenue Composition

Contributions and Grants
$11,036,045
Program Service Revenue
$548,308
Investment Income
$5,737
Other Revenue
$473,573
All Other Contributions
$381,826
Change in Net Assets
$-249,514

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,063,663
Total Revenue per Audited Statements
$12,063,663
Total Revenue per Form 990
$12,063,663
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,862,605
Grants and Similar Amounts Paid$4,687,746
Other Expenses$2,762,826
Total Fundraising Expense$88,338
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$4,687,746--$4,687,746
Other Salaries and Wages$3,360,029$281,241$3,100$3,644,370
Office Expenses$590,142$82,767$41,962$714,871
Other Employee Benefits$597,299$67,173-$664,472
Occupancy$435,821$11,109$385$447,315
Travel$317,900$13,874$56$331,830
Payroll Taxes$272,702$30,669-$303,371
Depreciation Depletion$245,482$24,602-$270,084
All Other Expenses$38,146$116,311$38,682$193,139
Pension Plan Contributions$138,213$15,544-$153,757
Current Officers, Directors, Trustees, and Key Employees-$96,635-$96,635
Other Expenses$49,663$33,254$2,214$82,917
Fees for Services Accounting-$36,128-$36,128
Total Functional Expenses$11,359,367$865,472$88,338$12,313,177

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$12,313,177
Total Expenses per Audited Statements$12,313,177
Total Expenses per Form 990$12,313,177
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Various Fundrai$65,239---
Total Events$65,239---
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Fringe Benefits, Leave & Indirect Co$186,091
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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

Governance Explanations

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

The board of directors review form 990 at next meeting and management internally reviews it.

Form 990, Page 6, Part VI, Line 12C

Officers, directors, and key employees must sign a conflict of interest policy annually and report any potential conflicts of interest.

Form 990, Page 6, Part VI, Line 15A

The executive committee looks at the executive director's compensation and makes a recommendation for a raise. It is usually about a 3% raise. Salary surveys are used to make sure the compensation is in line with other non-profits. The indirect cost budget is also reviewed to make sure the raise is affordable.

Form 990, Page 6, Part VI, Line 15B

The executive director reviews compensation for all key employees and decides raises based on job responsibilities, length of service, wage surveys, etc. Biggest consideration is always what can be afforded on a per program basis.

Form 990, Page 6, Part VI, Line 19

Governing documents are available to staff, funding sources and board members as needed. Conflicts of interest policy is available to each staff person, board of director, and funding source as required. Financial statements are available to the same individuals and organizations. The annual audit report is available to anyone who requests.

Filing and Contact Details

Filer

Filer Name
Mountain Projects Inc
EIN
56-0849092
Phone
8284521447
Address
2251 OLD BALSAM ROAD, WAYNESVILLE, NC 28786

Signing Officer

Name
Patsy Davis
Title
Executive Director
Phone
8284521447
Signed
2017-01-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert G Fulbright
Formed
1965
Legal Domicile
Nc
Voting Board Members
18
Independent Board Members
18
Employees
153
Volunteers
910

Preparer

Firm
Ray Bumgarner Kingshill & Assoc Pa
Address
385 N HAYWOOD ST STE 3, WAYNESVILLE, NC 28786-5722
Preparer
Bruce a Kingshill
Phone
8284524734
Supplemental Narrative

Additional Explanations

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

Housing - perform major renovation work on homes of lower income persons to improve housing quality. No fee is charged. 83 homes served this year; affordable housing rental - provide affordable housing units. Expenses total 224,418. Weatherization - provide assistance in self-help housing. Served 30 units during the year. Expenses total 704,789. Older american - assists elderly with physical and nutritional needs. Served 734 persons during year. Expenses 464,600. Corporation for national service - promotes people becoming involved as volunteers while assisting in needed areas such as daycares. 115 volunteers served during the year. Expenses 511,210. Community services block program - program funds central intake operations and case workers. Served over 1,392 persons during the year. Expenses 235,196. Public transportation program - provides public transportation for haywood cty citizens. Served over 800 individuals for the year. Expenses 788,589. Navigator program: provides assistance to low income individuals in obtaining affordable health insurance coverage. Served 10,990 persons during the year. Expenses 328,347. Prevention services: this program provides adult and youth counseling focused on the prevention of substance abuse. Served 1,474 people. Expenses 112,975. Workforce opportunity act: served 102 people. Provides access to employement, education, training, and support services to job seekers. Expenses 391,535.

Financial Statement Notes

Schedule D, Page 3, Part X

Mountain projects, inc. Is a not-for-profit corporation and has been recognized as exempt from federal income taxes under section 501(c)(3) of the internal revenue code and does not record a provision for income taxes. The corporation records an immaterial amount of income from certain activities not directly related to the corporation's tax-exempt purpose that is subject to taxation as unrelated business income; however the net amount recorded is a loss. The corporation regularly reviews and evaluates its tax positions taken in previously filed information returns and in its financial statements, with regard to issues affecting its tax-exempt status, unrelated business income, and related matters. The corporation believes that in the event of an examination by taxation authorities, its position would prevail. Therefore, the corporation has concluded that no tax benefits or liabilities are required to be recognized. The corporation's tax years open to examination by authorities include 2013, 2014, and 2015.

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IRS990/MissionDesc0MOUNTAIN PROJECTS COMMUNITY ACTION AGENCY CHANGES PEOPLE'S LIVES, EMBODIES THE SPIRIT OF HOPE, IMPROVES COMMUNITIES, AND MAKES HAYWOOD AND JACKSON COUNTIES A BETTER PLACE TO LIVE.
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IRS990/ProgSrvcAccomActy2Grp/Desc0COMPREHENSIVE CHILD DEVELOPMENT PROGRAM (HEAD START) FOR 228 (180 HEAD START AND 48 EARLY HEAD START) LOW-INCOME CHILDREN & THEIR FAMILIES. NO FEE IS CHARGED.
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IRS990/ProgSrvcAccomActy3Grp/Desc0A FOOD SERVICE PROGRAM FOR THE PREPARATION OF MEALS FOR OTHER PROGRAMS OF THE ORGANIZATION. A FEE IS CHARGED; SERVED 181,000 MEALS DURING THE YEAR.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0HOUSING - PERFORM MAJOR RENOVATION WORK ON HOMES OF LOWER INCOME PERSONS TO IMPROVE HOUSING QUALITY. NO FEE IS CHARGED. 83 HOMES SERVED THIS YEAR; AFFORDABLE HOUSING RENTAL - PROVIDE AFFORDABLE HOUSING UNITS. EXPENSES TOTAL 224,418. WEATHERIZATION - PROVIDE ASSISTANCE IN SELF-HELP HOUSING. SERVED 30 UNITS DURING THE YEAR. EXPENSES TOTAL 704,789. OLDER AMERICAN - ASSISTS ELDERLY WITH PHYSICAL AND NUTRITIONAL NEEDS. SERVED 734 PERSONS DURING YEAR. EXPENSES 464,600. CORPORATION FOR NATIONAL SERVICE - PROMOTES PEOPLE BECOMING INVOLVED AS VOLUNTEERS WHILE ASSISTING IN NEEDED AREAS SUCH AS DAYCARES. 115 VOLUNTEERS SERVED DURING THE YEAR. EXPENSES 511,210. COMMUNITY SERVICES BLOCK PROGRAM - PROGRAM FUNDS CENTRAL INTAKE OPERATIONS AND CASE WORKERS. SERVED OVER 1,392 PERSONS DURING THE YEAR. EXPENSES 235,196. PUBLIC TRANSPORTATION PROGRAM - PROVIDES PUBLIC TRANSPORTATION FOR HAYWOOD CTY CITIZENS. SERVED OVER 800 INDIVIDUALS FOR THE YEAR. EXPENSES 788,589. NAVIGATOR PROGRAM: PROVIDES ASSISTANCE TO LOW INCOME INDIVIDUALS IN OBTAINING AFFORDABLE HEALTH INSURANCE COVERAGE. SERVED 10,990 PERSONS DURING THE YEAR. EXPENSES 328,347. PREVENTION SERVICES: THIS PROGRAM PROVIDES ADULT AND YOUTH COUNSELING FOCUSED ON THE PREVENTION OF SUBSTANCE ABUSE. SERVED 1,474 PEOPLE. EXPENSES 112,975. WORKFORCE OPPORTUNITY ACT: SERVED 102 PEOPLE. PROVIDES ACCESS TO EMPLOYEMENT, EDUCATION, TRAINING, AND SUPPORT SERVICES TO JOB SEEKERS. EXPENSES 391,535.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$15.5$3.39$12.2$23.7$20.7$3.00
2024Detailed filing. Detailed filing data is available for this year.$13.1$3.90$9.15$19.0$18.3$0.75
2023Detailed filing. Detailed filing data is available for this year.$12.0$3.56$8.40$15.0$14.6$0.40
2022Detailed filing. Detailed filing data is available for this year.$12.2$4.25$8.00$16.4$14.7$1.70
2021Detailed filing. Detailed filing data is available for this year.$9.90$3.61$6.30$15.2$14.0$1.18
2020Detailed filing. Detailed filing data is available for this year.$8.34$3.23$5.11$13.5$12.8$0.68
2019Detailed filing. Detailed filing data is available for this year.$7.39$2.95$4.43$12.7$12.5$0.23
2018Detailed filing. Detailed filing data is available for this year.$7.55$3.35$4.20$12.4$12.4$0.01
2017Detailed filing. Detailed filing data is available for this year.$6.97$2.78$4.19$12.5$12.1$0.32
2016Detailed filing. Detailed filing data is available for this year.$6.71$2.83$3.87$12.1$12.3$0.25
2015Detailed filing. Detailed filing data is available for this year.$6.95$2.82$4.12$11.1$11.8$0.66
2014Detailed filing. Detailed filing data is available for this year.$7.67$2.89$4.79$11.0$10.9$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.53$2.87$4.66$12.4
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.32$3.55$3.77$12.3
2011Summary only. Only limited summary data is available for this year.$5.94$2.17$3.76$12.0$12.1$0.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.83$1.93$3.90$11.1