Black Mountain Center Foundation Inc
- Assets
- $855.2k
- Revenue
- $77.6k
- Investments
- $0.0
- Employees
- 1
- Location
- Black Mountain, NC
- Founding
- 08/1995
- Data as of
- 12/2021
- EIN
- 58-2158076
Organization Overview
Black Mountain Center Foundation Inc is located in Black Mountain, NC. The organization was established in 1995. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Black Mountain Center 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.
For the year ending 12/2021, Black Mountain Center Foundation Inc generated $77.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.4%) each year. All expenses for the organization totaled $80.6k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ENHANCE THE LIVES OF RESIDENTS OF THE BLACK MOUNTAIN NEURO-MEDICAL TREATMENT CENTER THROUGH FUNDS TO SUPPORT INITIATIVES, ACTIVITIES AND EQUIPMENT, WHICH CANNOT BE SUPPORTED REASONABLY (CONT. ON PAGE 2)
Describe the Organization's Program Activity:
Part 3 - Line 4a
CREATIVE ARTS THE BLACK MOUNTAIN CENTER FOUNDATION PROVIDES FUNDING FOR THE CREATIVE/EXPRESSIVE ARTS PROGRAM. THE CREATIVE ARTS PROGRAM PROVIDES ARTS-BASED GROUPS AND INDIVIDUAL SESSIONS USING MUSIC, DANCE/MOVEMENT, DRAMA, PAINTING, SCULPTURE, AND OTHER ART MODALITIES. CREATIVE EXPRESSIVE ARTS SESSIONS FOCUS ON RESIDENTS' ENGAGEMENT IN THE PROCESS, AND NOT ON FINISHED PRODUCTS. THE GOAL IS TO ACHIEVE A THERAPEUTIC BENEFIT SUPPORTING RESIDENTS' STRENGTHS, WHILE PROVIDING OPPORTUNITIES TO EXPRESS EMOTIONS SAFELY, SUPPORT WELLNESS, AND ENHANCE QUALITY OF LIFE.
JUST PRESS PLAY THE BLACK MOUNTAIN CENTER FOUNDATION PROVIDES FUNDING FOR THE JUST PRESS PLAY PROGRAM. THE JUST PRESS PLAY PROGRAM PROVIDES BMNTC MODELS THE JUST PRESS PLAY PROGRAM FROM THE MUSIC & MEMORY PROGRAM CUSTOMIZING PERSONALIZED PLAYLISTS FOR BMNTC RESIDENTS WITH NEUROCOGNITIVE DISORDERS AND DEMENTIA. THIS PROGRAM HELPS TO SUPPORT THE EMOTIONAL WELL-BEING OF OUR RESIDENTS USING INTENTIONAL RECORDED MUSIC, WITH THE GOAL OF REAWAKENING POSITIVE AND MEANINGFUL MEMORIES TO ENRICH THEIR LIVES.
LIFE ENRICHMENT PROGRAM FUND (LES) THE BLACK MOUNTAIN CENTER FOUNDATION PROVIDES FUNDING FOR THE LIFE ENRICHMENT PROGRAM FUND. THE LIFE ENRICHMENT PROGRAM FUND PROVIDES RESOURCES AND TOOLS FOR THE DAILY, WEEKLY AND MONTHLY ACTIVITIES PROVIDED THROUGH THE LIFE ENRICHMENT SPECIALISTS' (LES ACTIVITY CARTS AND ACTIVITY SPACES. DAILY ACTIVITIES INCLUDE CONNECTIONS TIME & ONE TO ONE ACTIVITY SESSIONS. THE RESOURCES AND TOOLS THAT THE FOUNDATION PAYS FOR YEARLY TO SUPPORT THESE DAILY ACTIVITIES INCLUDE: NEWSPAPER SUBSCRIPTION, EASEL BOARDS FOR SIGNAGE COMMUNICATION, SENSORY LIGHTS, CD & MUSIC PLAYERS AND SPEAKERS, ACTIVITY BLANKETS, AND FIDGET/SENSORY ITEMS. EVERY WEEK THE LES TEAM OFFERS SPA GROUPS, SPECIAL DINING AND COFFEE CLUBS AND THESE ARE SUPPORTED BY RESOURCES SUCH AS URNS, HOSPITALITY SUPPLIES, TOWEL WARMERS & SELF-ENHANCEMENT SUPPLIES. LASTLY, THE MONTHLY LES GROUPS INCLUDE: KARAOKE/MUSIC, BAKE CLUB, LETTER WRITING, GAMING, WATCH PARTIES & ARTS/CRAFTS AND MORE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Martin Executive Director | Officer | 8 | $8,187 |
Richard Rhea President | Trustee | 0.5 | $0 |
Shane Lance Tresurer | Trustee | 0.5 | $0 |
Cindy Bruce Member | Trustee | 0.25 | $0 |
Scott Buchanan Member | Trustee | 0.5 | $0 |
Paul Clark Member | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $38,052 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,052 |
| Total Program Service Revenue | $0 |
| Investment income | $6,977 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $32,564 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $77,593 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $48,190 |
| 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. | $8,375 |
| Compensation of current officers, directors, key employees. | $838 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $641 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,887 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,490 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $564 |
| Information technology | $3,248 |
| 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 | $443 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $799 |
| All other expenses | $0 |
| Total functional expenses | $80,602 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,981 |
| 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 |
| Net Land, buildings, and equipment | $1,500 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $827,723 |
| Total assets | $855,204 |
| Accounts payable and accrued expenses | $10,015 |
| 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 | $10,015 |
| Net assets without donor restrictions | $833,770 |
| Net assets with donor restrictions | $11,419 |
| 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 | $855,204 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Black Mountain Center Foundation Inc has recieved totaling $13,500.
| Awarding Organization | Amount |
|---|---|
Lamb Foundation Of North Carolina Inc Charlotte, NC PURPOSE: SUPPORT INTELLECTUALLY DISABLED | $13,500 |
Endowment Analysis
| Beg. Balance | $770,161 |
| Earnings | $82,552 |
| Admin Expense | $7,490 |
| Other Expense | $17,500 |
| Ending Balance | $827,723 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
York Foundation Herndon, VA | $79,294,285 | $7,194,037 |
Taubman Foundation For The Arts Roanoke, VA | $20,057,493 | $918,229 |
Swim Across America Inc Charlotte, NC | $6,654,266 | $9,920,780 |
East Lake Foundation Inc Atlanta, GA | $69,998,744 | $30,410,500 |
Schoolseed Foundation Memphis, TN | $5,107,519 | $7,793,603 |
Scintilla Charter Academy Inc Valdosta, GA | $15,718,556 | $7,823,461 |
Skillsource Group Inc Vienna, VA | $1,796,857 | $6,906,902 |
Wellstar Foundation Inc Marietta, GA | $30,643,336 | $9,116,090 |
Shepherd Center Foundation Inc Atlanta, GA | $141,754,007 | $86,686 |
Camino Community Development Corporation Inc Charlotte, NC | $3,342,143 | $5,457,630 |
Chattanooga Chamber Foundation Chattanooga, TN | $7,015,826 | $5,758,264 |
Make-A-Wish Foundation Of Georgia Inc Atlanta, GA | $3,516,569 | $5,599,948 |