H3 Collective
Improves foster children's lives and lifelong outcomes. For fiscal year 2025 it reported $247K in revenue, $196K in expenses, and $1.5M in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Human Services
- Location
- Asheville, NC
- Website
- www.h3collective.org
- Filings
- 6 on file (2020–2025)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Adam Ponder’s $93K as Executive Director is at the 82nd percentile of top reported officer pay among 2165 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Adam Ponder | $93,333 | $105,000 | $100,000 | $83,333 |
| Alex Williams | — | $83,755 | $87,000 | $60,000 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
The organization worked to provide housing for professional foster parents and foster children, with a focus on sibling groups. We currently provide these services in two homes which we own, and we served 12 children in 2025.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 57% | — | — |
| Overhead ratio | 30% | — | — |
| Fundraising cost ratio | 13% | — | — |
| Revenue growth | -35% | — | — |
| Accounting fee ratio | 4% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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