Appalachian Sustainable Agriculture Project

Nonprofit profile at a glance

EIN
061642769
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Asheville, NC, USA
Phone
8282361282
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Land Resources Conservation

Official website

Reported finances

Revenue
$2,836,419
Expenses
$2,255,746
Assets
$4,147,464
Liabilities
$1,520,790

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • Molly Nicholie (Executive Director)
  • Carrie Keller (President)
  • Wendy Brugh (Vice President)

Highest reported compensation

  • Molly Nicholie (Executive Director): $98,067 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To help local farms thrive, link farmers to markets and supporters, and build healthy communities through connections to local food.

What it reported doing in 2024

ASAPs three programmatic areas are the Local Food Campaign, Growing Minds program and Local Food Research Center. The Local Food Campaigns capacity building work gives farmers and buyers skills, tools, resources, and connections they need to succeed. The Appalachian Grown regional branding and certification program certified over 850 farms. Those farms gain access to promotional and packaging materials to identify farm products as certified local. More than 450 partner businesses including grocers, restaurants, distributors, hospitals, colleges, and public schools also participate in the program. Local Food Campaign organizers help make connections between farmers and buyers, share stories about food and farms in our communities, and promote local food where consumers shop and dine. This includes events such as ASAPs Annual Farm Tour and publishing the Local Food Guide, of which 70,000 copies were printed and distributed. The program hosts its annual ASAP Business of Farming Conference, delivering over a dozen workshops to hundreds of participants. ASAP operates a weekly farmers market in downtown Asheville and assists more than 100 farmers markets to understand best practices for management, promotion, and navigation of the regulatory environment. To expand participation in the local food movement, ASAP operates two incentive programs, including Double SNAP for Fruits and Vegetables and a Farm Fresh Produce Prescription program to provide eligible participants with weekly incentives for local fresh fruits and vegetables at farmers markets. In 2024 the program supported farms with relief and recovery resources in response to Hurricane Helene, including offering immediate need funds and and reinstating Appalachian Farms Feeding Families to connect farmers with alternative market outlets.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 88% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing does not identify recipients for some grant dollars and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 77
  • Accountability: 100
  • Sustainability: 64
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 68.6%; rating input score 69
  • Program expense ratio: 85.8%; rating input score 86
  • Fundraising efficiency: $21.99 raised per $1 spent on fundraising; rating input score 62; 62nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 23rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 45.8%; rating input score 46; 15th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 20.5%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 1.84; rating input score 59; 59th percentile among comparable filings
  • Liabilities to assets ratio: 0.37; rating input score 29; 29th percentile among comparable filings
  • Officer compensation ratio: 4.3%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: 4.8% per year; rating input score 100; 38th percentile among comparable filings
  • Revenue growth: 5.1% per year; rating input score 100; 42nd percentile among comparable filings
  • Asset growth: 18.1% per year; rating input score 100; 81st percentile among comparable filings

Details

  • Where the money goes: 68.6% of revenue deployed · 85.8% of spending went to programs
  • Governance: 8 of 8 board members independent · 8 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $1.9M in reported program spending
  • Leadership: top reported pay $98K · 9 people listed
  • Consistency: 33 of 34 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 6 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Transparency & Controls: Grant itemization coverage scored 46/100.
  • Review — Sustainability: Total-asset coverage ratio scored 59/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 29/100.
  • Review — Sustainability: Officer compensation ratio scored 58/100.