TPhilanthropy, Voluntarism & GrantmakingEIN: 562040462· Ruling Year: 1998

Verner

Asheville, North Carolina

A-Health Score
79A-

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 30 peers in Philanthropy, Voluntarism & Grantmaking with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.80×
Peer Median15.61×
💰
$6.3M
Total Revenue
📊
$6.3M
Total Expenses
🏦
$5.0M
Net Assets
📋
$292K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-2.0%
Year-over-year change (2022 → 2023)
Net Margin
+0.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.80
Net assets divided by total expenses
Liabilities-to-Assets
5.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,293,6472%$6,275,92817%$5,332,19218%
2022$6,425,0497%$5,371,61120%$6,538,59118%
2021$6,002,88357%$4,475,3299%$5,543,98070%
2020$3,820,4464%$4,111,7152%$3,257,59312%
2019$3,966,354$4,049,7562%$2,903,8033%
2018$3,948,302$3,966,5741%$3,008,0701%
2017$3,938,31430%$3,938,45738%$2,972,4721%
2016$3,039,67313%$2,843,8726%$2,936,23211%
2015$2,681,8541%$2,676,7224%$2,637,1781%
2014$2,651,0878%$2,774,0248%$2,665,9825%
2013$2,462,8795%$2,579,2422%$2,792,5991%
2012$2,586,7505%$2,529,0273%$2,818,8084%
2011$2,732,221$2,466,567$2,704,484

Frequently Asked Questions

What does Verner do?

Verner is a philanthropy, voluntarism & grantmaking nonprofit organization based in North Carolina. It is classified under NTEE code T20I and is registered as a 501(c) tax-exempt organization with the IRS.

Is Verner financially healthy?

Based on our 9-metric Financial Health Score model, Verner has a score of 79/100 (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 Verner generate?

Verner reports $5.4M in annual revenue and holds $5.0M in total assets, based on IRS filings.

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Verner — Asheville, NC | GiveScope