Form 990 for tax year 2024
Filed by THE ASHEVILLE CITY SCHOOLS FOUNDATION.
Totals
- Total revenue
- $1,773,658
- Total expenses
- $1,378,882
- Contributions and grants received
- $1,476,725
- Grants paid
- $463,974
- Program service revenue
- $61,608
- Investment income
- $205,856
- Other revenue
- $29,469
- Total assets, end of year
- $3,546,308
- Total liabilities, end of year
- $269,397
- Net assets or fund balances, end of year
- $3,276,911
- Program services expenses (Part IX)
- $1,226,520
- Management and general expenses
- $92,747
- Fundraising expenses
- $59,615
- Program service expenses (Part III)
- $1,226,520
Program services were 89.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$70,840
-
1e · Government grants (contributions)
$33,750
-
1f · All other contributions, gifts and grants
$1,372,135
-
2a · Program service revenue: FISCAL SPONSOR ADMIN FEES
total $33,885 · related or exempt $33,885
-
2b · Program service revenue: SCHOLARSHIP ADMIN FEES
total $17,989 · related or exempt $17,989
-
2c · Program service revenue: STUDENT FEES
total $9,734 · related or exempt $9,734
-
3 · Investment income
total $205,856 · excluded $205,856
-
8a · Fundraising events: gross income
$14,001
-
8b · Fundraising events: direct expenses
$17,075
-
8c · Net income from fundraising events
total -$3,074 · excluded -$3,074
-
11a · Other revenue: OTHER INCOME
total $31,537 · excluded $31,537
-
11b · Other revenue: CREDIT CARD CASH BACK
total $1,006 · excluded $1,006
-
11e · Other revenue, total
$32,543
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $463,974 · program services $463,974
-
5 · Compensation of officers, directors and key employees
total $75,000 · program services $18,750 · management and general $28,125 · fundraising $28,125
-
7 · Other salaries and wages
total $373,697 · program services $347,697 · management and general $13,000 · fundraising $13,000
-
9 · Other employee benefits
total $45,259 · program services $36,963 · management and general $4,148 · fundraising $4,148
-
10 · Payroll taxes
total $33,366 · program services $27,250 · management and general $3,058 · fundraising $3,058
-
11b · Fees: legal
total $88 · management and general $88
-
11c · Fees: accounting
total $14,847 · management and general $14,847
-
11g · Fees: other
total $22,882 · management and general $13,985 · fundraising $8,897
-
12 · Advertising and promotion
total $3,680 · program services $2,944 · management and general $736
-
13 · Office expenses
total $9,483 · program services $6,184 · management and general $912 · fundraising $2,387
-
16 · Occupancy
total $27,528 · program services $22,023 · management and general $5,505
-
19 · Conferences, conventions and meetings
total $6,461 · program services $5,169 · management and general $1,292
-
22 · Depreciation, depletion and amortization
total $2,214 · program services $2,214
-
23 · Insurance
total $7,051 · management and general $7,051
-
24a · Other expenses: EMERGENCY ASSISTANCE
total $170,809 · program services $170,809
-
24b · Other expenses: OTHER PROGRAM ACTIVITIES
total $49,629 · program services $49,629
-
24c · Other expenses: IRL PROGRAM
total $36,470 · program services $36,470
-
24d · Other expenses: TAPAAS
total $36,444 · program services $36,444
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $200,128 · end of year $478,596
-
2 · Savings and temporary cash investments
beginning of year $2,661,565 · end of year $2,945,786
-
3 · Pledges and grants receivable
beginning of year $100,000 · end of year $85,000
-
4 · Accounts receivable
beginning of year $5,192 · end of year $12,782
-
9 · Prepaid expenses and deferred charges
beginning of year $4,173 · end of year $3,775
-
10a · Land, buildings and equipment: cost or other basis
$35,500
-
10b · Land, buildings and equipment: accumulated depreciation
$15,131
-
10c · Land, buildings and equipment, net
beginning of year $2,583 · end of year $20,369
-
15 · Other assets
beginning of year $22,772
-
17 · Accounts payable and accrued expenses
beginning of year $44,277 · end of year $2,122
-
25 · Other liabilities
beginning of year $70,001 · end of year $267,275
-
27 · Net assets without donor restrictions
beginning of year $220,570 · end of year $331,124
-
28 · Net assets with donor restrictions
beginning of year $2,661,565 · end of year $2,945,787
Mission and programs · 2024
Mission
THE MISSION OF THE ASHEVILLE CITY SCHOOLS FOUNDATION (ACSF) IS TO PROMOTE SUCCESS FOR ALL ASHEVILLE CITY SCHOOLS STUDENTS BY ENGAGING & MOBILIZING THE ENTIRE COMMUNITY TO SUPPORT ENRICHING AND INNOVATIVE EDUCATIONAL ACTIVITIES.
-
THE ASHEVILLE CITY SCHOOLS FOUNDATION IMPLEMENTS BOLD STRATEGIES, FUNDS BIG IDEAS, AND MOBILIZES THE COMMUNITY TO INCREASE EXCELLENCE WITH EQUITY FOR STUDENTS IN THE CITY SCHOOLS. WE DO THIS BY MATCHING STRUGGLING STUDENTS WITH VOLUNTEERS, PROVIDING HIGH-QUALITY AFTER SCHOOL PROGRAMMING TO YOUNG TEENS THROUGH IN REAL LIFE (IRL) AT ASHEVILLE MIDDLE, RESOURCING TEACHERS WITH FUNDS AND PROFESSIONAL DEVELOPMENT SO THAT THEY ARE EMPOWERED TO IMPLEMENT NEW, AND MORE EFFECTIVE INSTRUCTIONAL PRACTICES, FUNDING HIGH- QUALITY ARTS-INSTRUCTION THROUGH ARTIST RESIDENCIES, AND AWARDING COLLEGE SCHOLARSHIPS TO GRADUATING SENIORS TO OVERCOME BARRIERS TO POVERTY AND ATTEND HIGHER EDUCATION. ACSF ALSO ADVOCATES FOR HIGH QUALITY PUBLIC EDUCATION BY BUILDING GRASSROOTS SUPPORT FOR WELL-RESOURCED SCHOOLS.
Expenses $1,226,520 · Grants $463,974 · Revenue $61,608
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Kimberly Nava EggettKIMBERLY NAVA EGGETT
EXEC TEAM
- Total calculated
- $0
- Hours/week
- 1
-
Julie KoenkeJULIE KOENKE
EXEC TEAM
- Total calculated
- $0
- Hours/week
- 1
-
Amieris LavenderAMIERIS LAVENDER
EXEC TEAM
- Total calculated
- $0
- Hours/week
- 1
-
Amanda PattanayakAMANDA PATTANAYAK
EXEC TEAM
- Total calculated
- $0
- Hours/week
- 1
-
Deborah BaileyDEBORAH BAILEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tracey BarrettTRACEY BARRETT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Carrie BuchananCARRIE BUCHANAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Velene FaganVELENE FAGAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dr Maggie FehrmanDR MAGGIE FEHRMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Bella GloverBELLA GLOVER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Gordon Lindsey GrantGORDON LINDSEY GRANT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Camille HuntCAMILLE HUNT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Lyndi HewittLYNDI HEWITT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Marcus Kirkman SrMARCUS KIRKMAN SR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Melissa KledisMELISSA KLEDIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kathleen MaysKATHLEEN MAYS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
D Tyrell McGirtD TYRELL MCGIRT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Aidan O'DonnellAIDAN O'DONNELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jesse PittJESSE PITT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tina De Los SantosTINA DE LOS SANTOS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Allison ScottALLISON SCOTT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jen Rhode WardJEN RHODE WARD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Landon WardLANDON WARD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jesse WarrenJESSE WARREN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Cici WestonCICI WESTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Copland RudolphCOPLAND RUDOLPH
EXECUTIVE DI
- Total calculated
- $75,000
- From this org
- $75,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 4 May 2025
- IRS schema version
- 2024v5.0
- Source object
- 202621259349303107
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