North Carolina · Nonprofit
YANCEY ADVANCEMENT FOUNDATION INC MCMAHAN
YANCEY ADVANCEMENT FOUNDATION INC MCMAHAN (North Carolina) receives grants from 1 organization whose IRS filings report $2,000 to it, the largest being THE HEDRICK FAMILY FOUNDATION ($2,000). 1 of them have funded it in more than one year.
- Revenue FY2025
- $30k
- Funders on record
- 1
- Grants received
- $2k
- Net assets
- $9k
What Yancey Advancement Foundation Inc McMahan does
Mission
Supporting community development initiatives and efforts in yancey county, north carolina, including supporting civic organizations, educational institutions and initiatives, economic development projects and other initiatives to support the health, well-being, and prosperity of the citizens and residents of yancey county, north carolina.
As stated on its FY2025 Form 990-EZ.
Program
The yancey advancement foundation administered the yancey county, nc covid-19 relief grant program successfully awarding grants to qualifying nonprofits in the community providing health, shelter, fodd assistance, and business relief assistance.
$32,682 spent100% of program spending
The program described on its FY2025 Form 990-EZ. Program spending in total: $32,682.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $35k to $27k (−23%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
100% of YANCEY ADVANCEMENT FOUNDATION INC MCMAHAN’s revenue is contributions — more reliant on donations than three-quarters of its peers (77% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 6 reported years ran a deficit.
Leadership and staff
Board chair
Jonathan Ray
Chair
As listed on its FY2025 Form 990-EZ.
Who funds it, year by year
2020 → 2022: the base held at 1 funder, grant income held at $1k.
From the IRS filings of YANCEY ADVANCEMENT FOUNDATION INC MCMAHAN’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of YANCEY ADVANCEMENT FOUNDATION INC MCMAHAN's grant income comes from North Carolina funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
YANCEY ADVANCEMENT FOUNDATION INC MCMAHAN's revenue fell 69% between 2020 and 2025.
this organization peer median middle 50% of peers· 6,328 community improvement nonprofits under $100k, FY2025
Organizations like YANCEY ADVANCEMENT FOUNDATION INC MCMAHAN
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for YANCEY ADVANCEMENT FOUNDATION INC MCMAHAN: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds YANCEY ADVANCEMENT FOUNDATION INC MCMAHAN?
- YANCEY ADVANCEMENT FOUNDATION INC MCMAHAN (North Carolina) receives grants from 1 organization whose IRS filings report $2,000 to it, the largest being THE HEDRICK FAMILY FOUNDATION ($2,000). 1 of them have funded it in more than one year.
- How many funders does YANCEY ADVANCEMENT FOUNDATION INC MCMAHAN have?
- IRS filings report 1 organization giving $2,000 in grants to YANCEY ADVANCEMENT FOUNDATION INC MCMAHAN, 1 of which have funded it in more than one year.
- Who is the largest funder of YANCEY ADVANCEMENT FOUNDATION INC MCMAHAN?
- THE HEDRICK FAMILY FOUNDATION is the largest funder on record, with $2,000 in grants. The full list of funders is on this page.
- How can an organization like YANCEY ADVANCEMENT FOUNDATION INC MCMAHAN find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Yancey Advancement Foundation Inc McMahan →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing