Mountaincare Inc
74% goes to programs $9 to raise $100 Strong reserves Declining revenue
Mountaincare Inc is a 501(c)(3) organization based in Hendersonvlle, North Carolina, registered in 1998, with $2,480,546 in FY2024 revenue. CharityIndex grades it A, and it directs about 74% of spending to programs.
105 King Creek Blvd, Hendersonvlle, NC, 28792 EIN 56-2005198 Since 1998
Revenue (FY2024)
$2.5M
▲ 0.7% vs prior year
Health median: $840K
Expenses (FY2024)
$2.7M
Net assets
$2.5M
Employees
47
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating74% to programs · $9 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Mountaincare Inc: 74% to programs · $9 to raise $100 earns a B+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating11 mo reserves · -8% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mountaincare Inc: 11 mo reserves · -8% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Mountaincare Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mountaincare Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Mountaincare provides supportive and enriching adult day services enabling older adults to age in place. we aspire to be an unwavering partner for adults and those who care for them.
What they do
Mountaincares mountain explorers program offers therapeutic recreation and community based enrichment activities for adults with intellectual and developmental disabilities, promoting independence, socialization, and skill-building in a supportive environment. the program operates in buncombe county as an extension of the adult day program and served 135 adults in fy24.
Mountaincares caregiver support program provides education, resources, and emotional support to individuals caring for older adults or people with disabilities, helping reduce caregiver stress and improve care outcomes. all caregivers with participants in the adult day and mountain explorer programs are eligible.
Contact & location
- Address
- 105 King Creek Blvd, Hendersonvlle, NC, 28792
- City
- Hendersonvlle
- State
- North Carolina
- Category
- Health Care
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $83.6M (FY2013) to $2.5M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $424KNet assets $2.5M
Operating margin
-8.2%
Spent more than it raised in the latest fiscal year.
Total assets
$2.9M
Total liabilities
$424K
Net assets
$2.5M
Salaries & benefits
$1.7M
65% of expenses
Board members
10
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,480,546▲0.7% | $2,683,290▲10.8% | $2,452,070▼5.4% | $2,876,075▲2.0% | 990 |
| 2023 | $2,462,281▲20.5% | $2,421,471▲5.3% | $2,591,105▼7.6% | $2,819,376▼14.5% | 990 |
| 2022 | $2,044,079▼31.2% | $2,298,516▲6.4% | $2,805,362▼8.8% | $3,298,966▲1.8% | 990 |
| 2021 | $2,970,671▼29.0% | $2,159,383▼36.5% | $3,075,430▲35.8% | $3,240,246▲27.4% | 990 |
| 2020 | $4,182,753▼87.2% | $3,401,547▼89.6% | $2,264,142▲153% | $2,543,058▼8.9% | 990 |
| 2018 | $32,704,057▼66.2% | $32,731,791▼63.6% | $894,163▼97.3% | $2,789,977▼93.4% | 990 |
| 2017 | $96,796,801▼6.8% | $89,886,944▼9.3% | $33,079,152▲26.7% | $42,017,282▲14.9% | 990 |
| 2016 | $103,914,113▲8.8% | $99,070,125▲6.0% | $26,104,102▲22.8% | $36,577,391▲6.1% | 990 |
| 2015 | $95,478,664▲10.4% | $93,482,972▲12.4% | $21,260,114▲10.4% | $34,487,043▲15.7% | 990 |
| 2014 | $86,491,220▲3.5% | $83,203,787▼1.7% | $19,264,421▲20.6% | $29,814,416▲14.9% | 990 |
| 2013 | $83,580,406 | $84,632,116▲4.6% | $15,976,988▲9.7% | $25,955,646▲4.8% | 990 |
| 2012 | — | $80,930,302▲3.8% | $14,557,813 | $24,774,929▼7.3% | 990 |
| 2011 | — | $77,987,021▲8.5% | $14,556,531▲3.5% | $26,713,386▲14.3% | 990 |
| 2010 | — | $71,898,327▲10.3% | $14,069,885▲2.4% | $23,369,860▲2.0% | 990 |
| 2009 | — | $65,171,373 | $13,737,412 | $22,918,653 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Elizabeth Williams — $104,219 (3.88% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Elizabeth Williams | Executive Director | 40 | $104,219 |
| Alyson Sawyer | Director | 5 | — |
| Barbara St Hilaire | Board Chair | 5 | — |
| Debra Walker | Director | 2 | — |
| Jeff Gould | Director | 2 | — |
| Kathi Ballard | Treasurer | 2 | — |
| Leeanne Tucker | Director | 2 | — |
| Leslie Hansen | Secretary | 2 | — |
| Margaret Word-sims | Director | 2 | — |
| Melinda Raab | Vice-chair | 5 | — |
| Phoebe Bulls | Director | 2 | — |
Top vendors & contractors (FY2015)
| Contractor | Services | Paid |
|---|---|---|
| Mahec | Medical Services | $108,718 |
Grants received · $229K total
15 grants to Mountaincare Inc totaling $229K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Community Foundation of Western North Carolina Inc | Promoting quality health | 2024 | $36,147 |
| The Community Foundation of Western North Carolina Inc | Promoting quality health | 2023 | $12,230 |
| Manna Food Bank | Food distribution | 2022 | $13,620 |
| The Community Foundation of Western North Carolina Inc | Promoting quality health | 2022 | $6,956 |
| The Community Foundation of Western North Carolina Inc | Promoting quality health | 2021 | $16,137 |
| Manna Food Bank | Food distribution | 2020 | $9,847 |
| Manna Food Bank | Food distribution | 2020 | $9,847 |
| The Community Foundation of Western North Carolina Inc | Promoting quality health | 2020 | $5,493 |
| Manna Food Bank | Food distribution | 2019 | $6,600 |
| Manna Food Bank | Food distribution | 2018 | $21,864 |
| Manna Food Bank | Food distribution | 2017 | $17,155 |
| Anc Angel Medical Center Inc | Support for local nonprofit | 2017 | $16,156 |
| Manna Food Bank | Food distribution | 2016 | $16,454 |
| Manna Food Bank | Food distribution | 2015 | $18,327 |
| Manna Food Bank | Food distribution | 2014 | $21,906 |
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Frequently asked questions
- Is Mountaincare Inc a legitimate nonprofit?
- Yes. Mountaincare Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-2005198, based in Hendersonvlle, North Carolina. Donations are tax-deductible.
- What is Mountaincare Inc's EIN?
- Mountaincare Inc's Employer Identification Number (EIN) is 56-2005198.
- How much revenue does Mountaincare Inc report?
- Mountaincare Inc reported $2,480,546 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Mountaincare Inc's spending goes to programs?
- Mountaincare Inc spends about 74% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mountaincare Inc have?
- CharityIndex grades Mountaincare Inc A, based on program efficiency and fundraising cost.
- How much does Mountaincare Inc's highest-paid employee make?
- The highest reported compensation on Mountaincare Inc's latest Form 990 is $104,219, paid to Elizabeth Williams (Executive Director).
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Data for Mountaincare Inc (EIN 56-2005198) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.