Mitchell County Development Foundation Inc.

990 • Fiscal year 2014 • EIN 56-2262436

Jan 01, 2014 to Dec 31, 2014

Organization Profile

Spruce Pine, NC

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

0.00x

Higher debt load relative to assets than 28% of similar nonprofits.

2014 filings • NTEE A • $500k-$1M nonprofits • Source year 2014

0.11x

Higher debt load relative to revenue than 58% of similar nonprofits.

2014 filings • NTEE A • $500k-$1M nonprofits • Source year 2014

-67%

Higher net margin than 3% of similar nonprofits.

2014 filings • NTEE A • $500k-$1M nonprofits • Source year 2014

No value available

This filing does not contain officer compensation rows.

Source year 2014

-7.5%

Faster asset growth than 21% of similar nonprofits.

2014 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2013 to 2014

-50%

Faster revenue growth than 4% of similar nonprofits.

2014 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2013 to 2014

Balance Sheet

Liabilities / Assets28th percentile

Assets

Down

$696,847

Down $56,521 (-7.5%) from 2013

Net Assets

Down

$693,751

Down $19,617 (-2.7%) from 2013

Liabilities

Down

$3,096

Down $36,904 (-92%) from 2013

Revenue And Expenses

Liabilities / Revenue58th percentile Net Margin3rd percentile

Revenue

Down

$29,164

Down $28,843 (-50%) from 2013

Expenses

Down

$48,781

Down $43,354 (-47%) from 2013

Net Income

-$19,617

Up $14,511 (+43%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

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

Highlighted filing

2014

Assets$696,847

Liabilities$3,096

Net Assets$693,751

Open 2014 Filing

Operations Trend

Revenue Growth4th percentile

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

Highlighted filing

2014

Revenue$29,164

Expenses$48,781

Net Income-$19,617

Open 2014 Filing

Filing Detail Status

This 2014 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2025)

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Filing Snapshot

Filing Period: Jan 1, 2014 to Dec 31, 2014

Mission and Program Overview

Mission

To promote in the economic development of local mitchell county communities

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Summary only. Only limited summary data is available for this year.

Open filing

Assets: $696,847
Liabilities: $3,096
Net assets: $693,751
Revenue: $29,164
Expenses: $48,781
Net income: -$19,617

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$0.75	$0.00	$0.75	$1.16	$1.32	$0.17
2024Detailed filing. Detailed filing data is available for this year.	$0.91	$0.00	$0.91	$0.20	$0.06	$0.14
2017Detailed filing. Detailed filing data is available for this year.	$0.64	$0.00	$0.63	$0.02	$0.04	$0.02
2016Summary only. Only limited summary data is available for this year.	$0.66	$0.00	$0.65	$0.03	$0.04	$0.01
2015Summary only. Only limited summary data is available for this year.	$0.67	$0.00	$0.67	$0.02	$0.05	$0.03
2014Summary only. Only limited summary data is available for this year.	$0.70	$0.00	$0.69	$0.03	$0.05	$0.02
2013Summary only. Only limited summary data is available for this year.	$0.75	$0.04	$0.71	$0.06	$0.09	$0.03
2012Summary only. Only limited summary data is available for this year.	$0.29	$0.01		$0.05	$0.04	$0.01
2011Summary only. Only limited summary data is available for this year.	$0.29	$0.01		$0.15	$0.14	$0.00