Nantahala Health Foundation
- Assets
- $14.0m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 2
- Location
- Franklin, NC
- Founding
- 05/2019
- Data as of
- 12/2021
- EIN
- 83-2682447
Organization Overview
Nantahala Health Foundation is located in Franklin, NC. The organization was established in 2019. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. As of 12/2021, Nantahala Health Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nantahala Health Foundation 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, Nantahala Health Foundation generated $5.6m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Nantahala Health Foundation has awarded 131 individual grants totaling $3,746,330. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVING HEALTH AND WELL-BEING FOR THOSE LIVING IN WESTERNMOST NORTH CAROLINA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NANTAHALA HEALTH FOUNDATION (NHF) WORKS TO IMPROVE THE HEALTH AND WELL-BEING FOR THOSE LIVING IN WESTERNMOST NORTH CAROLINA, SERVING A TOTAL POPULATION OF JUST OVER 142,000 INDIVIDUALS IN A REGION MADE UP OF SIX COUNTIES AND THE QUALLA BOUNDARY. NHF OFFERS GRANTS AND CAPACITY BUILDING OPPORTUNITIES TO ORGANIZATIONS THAT ARE WORKING TO ADDRESS THE SOCIAL DETERMINANTS OF HEALTH, INCLUDING HEALTH AND HEALTHCARE, EDUCATION, AND ECONOMIC STABILITY. . GRANTMAKING/CAPACITY BUILDING IN HEALTH AND HEALTHCARE INCLUDED INVESTMENTS IN WELLNESS OPPORTUNITIES, PRIMARY AND SPECIALTY HEALTHCARE, BEHAVIORAL AND DENTAL HEALTHCARE TOTALING MORE THAN $284,000.
GRANTMAKING/CAPACITY BUILDING IN EDUCATION INCLUDED INVESTMENTS IN EARLY CHILDHOOD LEARNING, K-12 FORMAL AND INFORMAL EDUCATION, POST-SECONDARY FORMAL EDUCATION, ADULT CONTINUING EDUCATION TOTALING MORE THAN $146,000. . GRANTMAKING/CAPACITY BUILDING IN ECONOMIC SECURITY INCLUDED INVESTMENTS IN ECONOMIC DEVELOPMENT, JOB READINESS AND RETENTION, HOUSING STABILITY AND SAFETY, ACCESS TO NUTRITIONAL FOOD SECURITY TOTALING MORE THAN $468,000.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori A Bailey Executive Director | Officer | 40 | $99,794 |
David Garrett Chairperson | OfficerTrustee | 2 | $0 |
Lisa Leatherman Vice-Chairperson | OfficerTrustee | 2 | $0 |
Roger Plemens Treasurer | OfficerTrustee | 2 | $0 |
Sonya Wachacha Secretary | OfficerTrustee | 1 | $0 |
Tom O'brian Compliance Officer | Trustee | 1.5 | $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 | $5,230,687 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,230,687 |
| Total Program Service Revenue | $0 |
| Investment income | $288,089 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $85,186 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,604,162 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $827,053 |
| 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. | $111,440 |
| Compensation of current officers, directors, key employees. | $33,432 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $66,660 |
| Pension plan accruals and contributions | $1,983 |
| Other employee benefits | $11,249 |
| Payroll taxes | $11,338 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,935 |
| Fees for services: Accounting | $19,984 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $54,687 |
| Fees for services: Other | $29,499 |
| Advertising and promotion | $1,288 |
| Office expenses | $8,156 |
| Information technology | $16,866 |
| Royalties | $0 |
| Occupancy | $13,522 |
| Travel | $1,947 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $123 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,258 |
| Insurance | $7,636 |
| All other expenses | $0 |
| Total functional expenses | $1,201,008 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,815 |
| Savings and temporary cash investments | $580,538 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $62,511 |
| 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 | $3,194 |
| Net Land, buildings, and equipment | $8,046 |
| Investments—publicly traded securities | $13,312,207 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,991,311 |
| Accounts payable and accrued expenses | $50,182 |
| Grants payable | $470,077 |
| 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 | $520,259 |
| Net assets without donor restrictions | $12,949,769 |
| Net assets with donor restrictions | $521,283 |
| 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 | $13,991,311 |
Grants Awarded
Over the last fiscal year, Nantahala Health Foundation has awarded $827,906 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
HINTON RURAL LIFE CENTER PURPOSE: Healthy Homes | $80,000 |
Waynesville, NC PURPOSE: Healthy Homes | $75,000 |
Sylva, NC PURPOSE: Collaborative Health Innovations | $50,000 |
Cullowhee, NC PURPOSE: Collaborative Health Innovation Program | $50,000 |
Murphy, NC PURPOSE: Collaborative Health Innovation Program | $50,000 |
Franklin, NC PURPOSE: Collaborative Health Innovation Program | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Nantahala Health Foundation has recieved totaling $225,382.
| Awarding Organization | Amount |
|---|---|
Dogwood Health Trust Asheville, NC PURPOSE: REGIONAL HEALTHY HOMES INITIATIVE | $200,000 |
The Duke Energy Foundation Charlotte, NC PURPOSE: VIBRANT ECONOMIES | $25,000 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $375 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $7 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Duke Integrated Network Inc Durham, NC | $2,381,377 | $12,476,427 |
Vine International Inc Knoxville, TN | $268,672 | $13,371,180 |
Generations Health Association Inc Mcminnville, TN | $13,336,453 | $14,398,370 |
Lsa Pharmacy Inc Salisbury, NC | $13,077,982 | $7,537,503 |
Arlington Free Clinic Inc Arlington, VA | $10,623,564 | $5,707,203 |
Fredericksburg Area Regional Health Council Inc Fredericksburg, VA | $3,229,753 | $4,303,398 |
Whole Womans Advocacy Alliance Charlottesville, VA | $2,944,404 | $5,509,310 |
Greater Hickory Cooperative Christian Ministry Hickory, NC | $4,458,990 | $3,541,261 |
Cornerstone Support Services Providence Forge, VA | $1,749,824 | $3,920,333 |
American College Of Osteopathic Internists Inc Arlington, VA | $6,444,455 | $4,032,744 |
Carolina Collaborative Community Care Inc Fayetteville, NC | $3,441,365 | $1,867,243 |
Georgia Partnership For Telehealth Inc Waycross, GA | $926,460 | $2,337,188 |