Buncombe Alternatives Incorporated
- Assets
- $54.7k
- Revenue
- $391.4k
- Investments
- $0.0
- Employees
- 5
- Location
- Asheville, NC
- Founding
- 06/1984
- Data as of
- 06/2023
- EIN
- 56-1337121
Organization Overview
Buncombe Alternatives Incorporated is located in Asheville, NC. The organization was established in 1984. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2023, Buncombe Alternatives Incorporated employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Buncombe Alternatives Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Buncombe Alternatives Incorporated generated $391.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $403.4k during the year ending 06/2023. While expenses have increased by 7.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY-BASED CORRECTIONS FOR JUVENILES
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUNCOMBE ALTERNATIVES CONTINUES TO ENCOURAGE AND PROMOTE COMMUNITY BASED SENTENCING BY CARRYING OUT THE FOLLOWING PROGRAMS : 1) BUNCOMBE COUNTY AND RUTHERFORD COUNTY TEEN COURT 2.) EARN & LEARN RESTITUTION / RESTORATIVE COMMUNITY SERVICE PROGRAM. THESE PROGRAMS PROVIDE INTERVENTION INITIATIVES THAT ARE BOTH COMMUNITY. SERVICE ORIENTED AND COMMUNITY BASED.
BUNCOMBE AND RUTHERFORD COUNTY TEEN COURT: TEEN COURT IS AN INNOVATIVE DIVERSION PROGRAM WHICH ALLLOWS FIRST-TIME JUVENILE VIOLATORS OF THE LAW TO COME BEFORE A JURY OF THEIR PEERS IN A COURT HEARING INSTEAD OF GOING TO JUVENILE COURT. THE DEFENDANT MUST ADMIT GUILT DURING THE INTAKE INTERVIEW IN ORDER TO PARTICIPATE. TEEN COURT STRESSES THE IMPORTANCE OF POSITIVE PEER PRESSURE THROUGH RESTORATIVE JUSTICE TO HELP CORRECT ILLEGAL BEHAVIOR. TEEN COURT REINFORCES POSITIVE BEHAVIOR WHILE ENCOURGAGING ACCOUNTABILITY. TEEN COURT ALSO TEACHES YOUTH VOLUNTEERS (THE JURY) THE RESPONSIBILITY OF CITIZENSHIP OR HOW TO ACT FOR THE COMMON GOOD. DURING FY 2022-2023, BUNCOMBE ALTERNATIVES SERVED 150 SCHOOL-BASED TEENS.
EARN & LEARN RESTITUTION/RESTORATIVE COMMUNITY SERVICE PROGRAM: THIS PROGRAM IS FOR DIVERTED YOUTH AND YOUTH ON PROBATION. ITS PREMISE IS THAT RESTITUTION/RESTORATIVE PROGRAMMING IS EFFECTIVE WHEN A JUVENILE ACCEPTS RESPONSILBILITY FOR HIS OR HER OFFENSES AND IS COMMITTED TO THE PRINCIPLE OF MAKING AMENDS TO THE VICTIM AND THE COMMUNITY. GOALS ARE TO INCREASE RESTITUTION PAYMENTS MADE TO VICTIME OF JUVENILE CRIMES, TEACH OFFENDERS ACCOUNTABILITY AND RESPONSIBILITY FOR THEIR CRIMES AND PROVIDE STRUCTURE AND MONITORING FOR THEIR PAYMENT OF RESTITUTION, REDUCE THE WORKLOAD OF THE COURT COUNSELORS, SUPPORT VICTIMS, AND PROVIDE OFFENDERS WITH EMPLOYABLE SKILLS AND RESOURCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Peerson Executive Dir. | Officer | 40 | $65,975 |
Kyle Hovermale Vice President | OfficerTrustee | 1.5 | $0 |
Michael Macht Chairman | OfficerTrustee | 1.5 | $0 |
Chris Jennings President | OfficerTrustee | 1.5 | $0 |
Carol Goins Chairman | OfficerTrustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $388,420 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,996 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $391,416 |
| Total Program Service Revenue | $0 |
| Investment income | $9 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $391,425 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $65,975 |
| Compensation of current officers, directors, key employees. | $3,959 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $186,637 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $44,484 |
| Payroll taxes | $28,552 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,425 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,086 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,457 |
| Travel | $2,136 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,940 |
| All other expenses | $0 |
| Total functional expenses | $403,359 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,670 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $660 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $9,679 |
| Net Land, buildings, and equipment | $11,648 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $54,657 |
| Accounts payable and accrued expenses | $22,870 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $22,870 |
| Net assets without donor restrictions | $31,787 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $54,657 |