Buncombe County Service Foundation Inc
- Assets
- $1.5m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Asheville, NC
- Founding
- 06/2017
- Data as of
- 06/2016
- EIN
- 45-3323540
Organization Overview
Buncombe County Service Foundation Inc is located in Asheville, NC. The organization was established in 2017. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Buncombe County Service Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
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.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY INVESTMENT: A PROGRAM FOR ENHANCING COMMUNITY ORGANIZATIONS WORKING TOWARD BUNCOMBE COUNTY SUSTAINABILITY GOALS TO STRENGTHEN THE QUAILTY OF LIFE IN THE AREAS OF COMMUNITY, ECONOMY, AND ENVIRONMENT.
COMMUNITY NAVIGATORS: CREATED TO STRENGTHEN A COMMUNITY'S CAPACITY TO HELP MEET CITIZEN NEEDS, IDENTIFY, MOBILIZE AND LEVERAGE UNIQUE COMMUNITY ASSETS, EMPOWER CITIZENS AND COMMUNITIES AS CHANGE AGENTS TO PROMOTE POSITIVE OUTCOMES, BUILD AND ENHANCE COLLABORATIVE PARTNERSHIPS, REDUCE OVER UTILIZATION OF MORE COSTLY SERVICES. ALSO USED FOR URGENT AND EMERGENCY NEEDS.
VARIOUS GRANTS WITH PURPOSE OF ASSISTANCE INCLUDED ON SCHEDULE I.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Stone Chair | OfficerTrustee | 0.5 | $0 |
Curtis W Euler Secretary | OfficerTrustee | 0.5 | $0 |
Tim Flora Treasurer | OfficerTrustee | 0.5 | $0 |
Rachael Nygaard Executive Di | Officer | 10 | $0 |
John Creighton Board Member | Trustee | 0.25 | $0 |
William Mcelrath Board Member | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,674,915 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,674,915 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,925 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $565 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,071 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,306 |
| All other expenses | $0 |
| Total functional expenses | $2,619,534 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,474,367 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,474,367 |
| Accounts payable and accrued expenses | $492,226 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $492,226 |
| Net assets without donor restrictions | $18,799 |
| Net assets with donor restrictions | $963,342 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $982,141 |
Grants Awarded
Over the last fiscal year, Buncombe County Service Foundation Inc has awarded $2,494,988 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
Asheville, NC PURPOSE: MAINTENANCE/SUPPORT | $275,750 |
Asheville, NC PURPOSE: LEGAL PROTECTION | $230,000 |
Asheville, NC PURPOSE: PROJECT REBD./DAY CE | $150,000 |
ASHEVILLE HOUSING AUTHORITY PURPOSE: GYM FLOOR REPLACEMEN | $120,000 |
BUNCOMBE COUNTY SCHOOLS PURPOSE: CAREER ACADEMY | $94,000 |
Asheville, NC PURPOSE: AFFORDABLE HOUSING | $90,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Buncombe County Service Foundation Inc has recieved totaling $401,144.
| Awarding Organization | Amount |
|---|---|
Manna Food Bank Inc Asheville, NC PURPOSE: FOOD DISTRIBUTION | $400,924 |
Shell Oil Company Foundation Houston, TX PURPOSE: MG | $200 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $20 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Carolina Partnership For Reform Inc Raleigh, NC | $581,254 | $4,602,025 |
Students For Life Action Fredericksburg, VA | $1,451,921 | $3,948,083 |
The Congressional Institute Inc Alexandria, VA | $6,719,545 | $3,277,666 |
Civil Justice Reform Group Great Falls, VA | $1,472,377 | $2,732,622 |
Earth Intelligence Network Oakton, VA | $0 | $2,617,616 |
Kamileons Kloset Professional Development Inc Atlanta, GA | $890,251 | $2,826,364 |
Buncombe County Service Foundation Inc Asheville, NC | $1,474,367 | $2,674,915 |
Southern Vision Alliance Durham, NC | $3,563,580 | $4,522,849 |
Greater Richmond Partnership Inc Richmond, VA | $4,346,448 | $3,713,858 |
City Leadership Memphis, TN | $971,651 | $2,281,732 |
Sam Action Alexandria, VA | $8,320,772 | $4,314,284 |
Highland Food Pantry Inc Winchester, VA | $687,411 | $1,539,039 |