E — Health CareEIN: 562005198· Ruling Year: 1998

Mountaincare Inc

Hendersonvlle, North Carolina

A-Health Score
78A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 2 peers in Health Care with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.07×
Peer Median29.34×
💰
$2.5M
Total Revenue
📊
$2.4M
Total Expenses
🏦
$2.6M
Net Assets
📋
$228K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+20.5%
Year-over-year change (2022 → 2023)
Net Margin
+1.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.07
Net assets divided by total expenses
Liabilities-to-Assets
8.1%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$2,462,281↑20%$2,421,471↑5%$2,819,376↓15%
2022$2,044,079↓31%$2,298,516↑6%$3,298,966↑2%
2021$2,970,671↓29%$2,159,383↓37%$3,240,246↑27%
2020$4,182,753↑173%$3,401,547↑173%$2,543,058↓31%
2019$1,532,591↓95%$1,244,072↓96%$3,677,366↑32%
2019$32,704,057↓66%$32,731,791↓64%$2,789,977↓93%
2018$96,796,801↓7%$89,886,944↓9%$42,017,282↑15%
2017$103,914,113↑9%$99,070,125↑6%$36,577,391↑6%
2016$95,478,664↑10%$93,482,972↑12%$34,487,043↑16%
2015$86,491,220↑3%$83,203,787↓2%$29,814,416↑15%
2014$83,580,406↑5%$84,632,116↑5%$25,955,646↑5%
2013$79,652,314↑3%$80,930,302↑4%$24,774,929↓7%
2012$77,324,326↑7%$77,987,021↑8%$26,713,386↑14%
2011$72,230,797$71,898,327$23,369,860

Frequently Asked Questions

What does Mountaincare Inc do?▼

Mountaincare Inc is a health care nonprofit organization based in North Carolina. It is classified under NTEE code E120 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Mountaincare Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Mountaincare Inc has a score of 78/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Mountaincare Inc generate?▼

Mountaincare Inc reports $2.5M in annual revenue and holds $2.9M in total assets, based on IRS filings.

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