The Health Adventure Inc

Nonprofit profile at a glance

EIN
566074684
IRS 990 coverage
2009–2009
Forms available
Form 990 2009
Location
Asheville, NC, USA
Phone
8282546373
Rating confidence
Limited
Sector
Public Health Program (Includes General Health and Wellness Promotion Services)

Official website

Reported finances

Revenue
$2,057,754
Expenses
$2,109,814
Assets
$6,512,268
Liabilities
$3,394,829

Source: IRS Form 990. Selected filing: tax year 2009. Amounts in USD.

Leadership & pay

25 people listed

Source: IRS Form 990. Selected filing: tax year 2009. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To improve the health awareness of participants by providing the most effective health science education.

What it reported doing in 2009

The health adventure is a health education museum that provides programs and hands-on exhibits to improve the personal health and well-being of the residents of western North Carolina. The health adventure held a capital campaign to build a new environmentally friendly 38,000 sq. Ft. Facility, offering unique indoor and outdoor exhibits and walking trails nested amid ten acres.

Operating model

Revenue model
Donor-supported. 66% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 46
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 59th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th 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: -2.5%; rating input score 28; 28th percentile among comparable filings
  • Total-asset coverage ratio: 3.09; rating input score 80; 80th percentile among comparable filings
  • Liabilities to assets ratio: 0.52; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 4.6%; rating input score 47; 47th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 24 of 24 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $741K in reported program spending
  • Leadership: top reported pay $97K · 25 people listed
  • Highest-paid contractors: 2 contractors listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

Key Signals

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

  • High — Sustainability: Operating margin scored 28/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.
  • Moderate — Sustainability: Officer compensation ratio scored 47/100.