Grandfather Community Foundation Inc

Nonprofit profile at a glance

EIN
832713258
IRS 990 coverage
2022–2024
Forms available
Form 990 2024, Form 990-EZ 2020
Location
Linville, NC, USA
Phone
8288984531
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$1,940,625
Expenses
$1,118,833
Assets
$1,342,620
Liabilities
$4,706

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

Leadership & pay

10 people listed

Executive titles in this filing

  • Charles Dunn (President)
  • Emily Harry (Vice PRESIDENT)

People named in this filing

  • Charles Dunn (President)
  • Emily Harry (Vice PRESIDENT)
  • Jennifer Danehy (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

To identify avenues for the members of grandfather golf and country club to improve the lives of the people of avery county and mobilize the members to do so through education and service opportunities.

What it reported doing in 2024

DUE TO THE NATURE OF THE COMMUNITY WITHIN AVERY COUNTY THERE ARE LIMITED EMPLOYMENT OPTIONS AND EMPLOYMENT OPTIONS ARE OFTEN SEASONAL IN NATURE. DUE TO THE HIGH LEVEL OF POVERTY WITHIN THE COMMUNITY AND LIMITED SEASONAL/EMPLOYMENT OPPORTUNITIES THE EMPLOYEE ASSISTANCE FUND WILL PROVIDE UP TO $2,000 IN ASSISTANCE TO INDIVIDUALS IN SITUATIONS OF FINANCIAL CRISIS. EXAMPLES OF REASONS FOR RECEIVING AN AWARD INCLUDE: RENT/MORTGAGE NEEDS, UTILITY PAYMENTS, FOOD, TRANSPORTATION, COSTLY MEDICAL EXPENSES NOT COVERED BY INSURANCE, FAMILY DEATH, CHANGES WITHIN THE FAMILY SITUATION, OR WITH EXPENSIVE REPAIRS. In the fall of 2024 Western North Carolina suffered severe impacts from Hurricane Helene. The Organization collected and distributed funds and goods in response to this event to support the community.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 97% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 91
  • Accountability: 76
  • Sustainability: 75
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 57%; rating input score 57
  • Program expense ratio: 97.6%; rating input score 98
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 22nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 81.9%; rating input score 82; 35th 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: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 42.3%; rating input score 90; 90th percentile among comparable filings
  • Total-asset coverage ratio: 1.2; rating input score 49; 49th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 75; 75th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 115% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 52.1% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 42.8% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 57% of revenue deployed · 97.6% of spending went to programs
  • Governance: 10 of 10 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $1.1M in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 27 of 28 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 20 filed money-flow records
  • Related organizations: 18 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.

  • Review — Financial Efficiency: Mission deployment rate scored 57/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.