Swannanoa Valley Historical & Preservation Association Inc
- Assets
- $469.4k
- Revenue
- $178.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Black Mtn, NC
- Founding
- 03/1989
- Data as of
- 08/2024
- EIN
- 56-1624503
Organization Overview
Swannanoa Valley Historical & Preservation Association Inc is located in Black Mtn, NC. The organization was established in 1989. According to its NTEE Classification (D34) the organization is classified as: Wildlife Sanctuaries, under the broad grouping of Animal-Related and related organizations. As of 08/2024, Swannanoa Valley Historical & Preservation Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Swannanoa Valley Historical & Preservation Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2024, Swannanoa Valley Historical & Preservation Association Inc generated $178.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $185.9k during the year ending 08/2024. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
HISTORICAL EDUCATION PROGRAMS AND THE EXHIBIT OF HISTORICAL ARTIFACTS PHOTOS AND RECORDINGS OF ORAL HISTORY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HISTORICAL PRESERVATION CATALOGING AND EXHIBITING OF HISTORICAL ARTIFACTS AND PHOTOGRAPHS. RECORDING ORAL HISTORIES AND UPDATING THE MUSEUM HISTORIC FACILITY FOR THE PUBLIC.
EDUCATION - MUSEUM HIKE PROGRAMS EVENT PARTICIPANTS MEMBERS AND DONORS.
FUNDRAISING
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathryn Johnson Executive Director | Officer | 40 | $58,301 |
Jess Watkins Assistant Director | Officer | 28 | $19,260 |
Jim Menzies Chairman | OfficerTrustee | 5 | $0 |
Carl Alguire Vice Chairman | OfficerTrustee | 5 | $0 |
David Angelus Treasurer | Trustee | 5 | $0 |
Sallie Withers Secretary | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $24,737 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $147,974 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $172,711 |
| Total Program Service Revenue | $0 |
| Investment income | $2,864 |
| 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 | $1,204 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $178,295 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $86,180 |
| Compensation of current officers, directors, key employees. | $9,738 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,552 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,500 |
| Advertising and promotion | $1,843 |
| Office expenses | $2,644 |
| Information technology | $777 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $47,428 |
| Insurance | $5,855 |
| All other expenses | $1,975 |
| Total functional expenses | $185,929 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,144 |
| Savings and temporary cash investments | $136,087 |
| 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 | $5,036 |
| Net Land, buildings, and equipment | $326,126 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $469,393 |
| Accounts payable and accrued expenses | $25 |
| 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 | $25 |
| Net assets without donor restrictions | $435,866 |
| Net assets with donor restrictions | $33,502 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $469,393 |