Totals
- Total revenue
- $16,072,069
- Total expenses
- $908,425
- Contributions and grants received
- $16,070,876
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $1,193
- Other revenue
- $0
- Total assets, end of year
- $19,166,580
- Total liabilities, end of year
- $1,714
- Net assets or fund balances, end of year
- $19,164,866
- Program services expenses (Part IX)
- $790,984
- Management and general expenses
- $86,187
- Fundraising expenses
- $31,254
- Program service expenses (Part III)
- $790,984
Program services were 87.1% 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.
-
1f · All other contributions, gifts and grants
$16,070,876
-
1g · Noncash contributions included above
$73,989
-
3 · Investment income
total $57 · related or exempt $57
-
7a · Gross sales of assets other than inventory
securities $74,706
-
7b · Less cost or other basis and sales expenses
securities $73,570
-
7c · Gain or loss
securities $1,136
-
7d · Net gain or loss
total $1,136 · related or exempt $1,136
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $61,520 · program services $61,520
-
10 · Payroll taxes
total $5,405 · program services $5,405
-
11c · Fees: accounting
total $3,300 · management and general $3,300
-
11g · Fees: other
total $236 · management and general $236
-
12 · Advertising and promotion
total $31,254 · fundraising $31,254
-
13 · Office expenses
total $32,083 · program services $3,242 · management and general $28,841
-
14 · Information technology
total $1,906 · management and general $1,906
-
22 · Depreciation, depletion and amortization
total $122,200 · program services $122,200
-
23 · Insurance
total $27,904 · management and general $27,904
-
24a · Other expenses: PROJECT FUNDS
total $550,129 · program services $550,129
-
24b · Other expenses: RENT
total $24,000 · management and general $24,000
-
24c · Other expenses: SUPPLIES
total $16,489 · program services $16,489
-
24d · Other expenses: TRANSPORTATION
total $10,326 · program services $10,326
-
24e · All other expenses
total $21,673 · program services $21,673
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $587,372 · end of year $4,652,180
-
2 · Savings and temporary cash investments
beginning of year $1,397,953 · end of year $5,789,935
-
10a · Land, buildings and equipment: cost or other basis
$3,037,810
-
10b · Land, buildings and equipment: accumulated depreciation
$482,796
-
10c · Land, buildings and equipment, net
beginning of year $815,507 · end of year $2,555,014
-
12 · Investments: other securities
end of year $4,075,125
-
15 · Other assets
beginning of year $1,200,931 · end of year $2,094,326
-
25 · Other liabilities
beginning of year $541 · end of year $1,714
-
27 · Net assets without donor restrictions
beginning of year $2,508,211 · end of year $1,936,069
-
28 · Net assets with donor restrictions
beginning of year $1,493,011 · end of year $17,228,797
Mission and programs · 2024
Mission
THE MISSION OF BELOVED ASHEVILLE IS TO CULTIVATE A TRANSFORMATIONAL WAY OF LIFE ROOTED IN COMMUNITY, CREATIVITY, AND EQUITY. WE BRING TOGETHER PEOPLE FROM ALL WALKS OF LIFE TO CREATE INNOVATIVE SOLUTIONS TO SOME OF THE TOUGHEST CHALLENGES THAT OUR CITY, REGION, AND WORLD FACE: RACISM AND SYSTEMIC INEQUITIES, HOUSING AND FOOD INSECURITY, POVERTY, AND HEALTHCARE INEQUALITIES. BELOVED ASHEVILLE HAS BEEN ENGAGED IN HURRICANE HELENE DISASTER RELIEF, RECOVERY, REBUILDING, AND HEALING SINCE THE AFTERMATH OF THE STORM ACROSS THE IMPACTED ZONES THROUGHTOUT WESTERN NORTH CAROLINA AND WILL CONTINUE TO PROVIDE SUPPORT FOR YEARS TO COME.
-
TO PROVIDE CHARITABLE SUPPORT TO THE VULNERABLE POPULATION IN THE COMMUNITY.
Expenses $790,984
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Amy CantrellAMY CANTRELL
DIRECTOR
- Total calculated
- $18,000
- From this org
- $18,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Adrienne SigmonADRIENNE SIGMON
DIRECTOR
- Total calculated
- $18,000
- From this org
- $18,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Marcus DavisMARCUS DAVIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Susan HaynesSUSAN HAYNES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Michelle CapellMICHELLE CAPELL
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Crissy StewartCRISSY STEWART
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Valaria Carrizo WydaVALARIA CARRIZO WYDA
SECRETARY/VP
- Total calculated
- $0
- Hours/week
- 2
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
- 13 May 2025
- IRS schema version
- 2024v5.0
- Source object
- 202511359349310651
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