2024-05-15T13:00:21-04:00 2023-06-30 061667465 PRAGER METIS CPAS LLC 14 PENN PLAZA NEW YORK NY 10122 990 2022-07-01 560889168 ASHEVILLE CHRISTIAN ACADEMY INC ASHE 8285812200 PO BOX 1089 SWANNANOA NC 28778 WILLIAM PUTNAM CFO 8285812200 2024-05-14 true WILLIAM PUTNAM 999009999 true CRYSTAL Z GOLDSMITH CPA P01286671 2129471998 2024-05-14 2022 2023-04-26 12:10:37Z WILLIAM GEORGE 1037 NEW HAW CREEK ROAD ASHEVILLE NC 28805 14573444 false X ASHEVILLECHRISTIAN.ORG X 1967 NC OPERATION OF PRIVATE SCHOOL 11 11 228 250 0 930545 3634414 8951343 9843114 -36449 900606 687765 195310 10533204 14573444 1178898 1197989 0 6341929 6736586 0 286760 3512258 4447712 11033085 12382287 -499881 2191157 24231581 23121487 8019344 4704183 16212237 18417304 X SEEKING TO SERVE JESUS CHRIST AND UPHOLD HIS PRE-EMINENCE, ASHEVILLE CHRISTIAN ACADEMY, IN COMMITTED PARTNERSHIP WITH CHRISTIAN PARENTS, PROVIDES A GOSPEL-CENTERED EDUCATION TO SHEPHERD AND INSPIRE CHRIST- ORIENTED LIVES WITHIN A COMMUNITY OF GRACE. false false 8099802 1197989 9843114 PROVIDE INSTRUCTION AND EDUCATIONAL ACTIVITIES FOR STUDENTS FROM PRESCHOOL TO 12TH GRADE. 8099802 true true false false false false false false false true true false false true true true true false true false false false false false false false false false true true false false false false false false false false false false false false false false false false false true 2 0 false 228 true false false false false false false false false false false false false X 11 11 true false false false true true true true true false false true true true true true true true true false X WILLIAM GEORGE 8285812200 74 RIVERWOOD ROAD SWANNANOA NC 28778 TODD ALSTON BOARD MEMBER 5.00 X 0 0 0 JOSHUA BRADSHAW CHAIR 5.00 X X 0 0 0 BRIAN COURCELLE TREASURER 5.00 X X 0 0 0 CLAUDE DICKS BOARD MEMBER 5.00 X 0 0 0 EMILY GERRITZ CHAIR OF GOV 5.00 X 0 0 0 KRISTI OWENS BOARD MEMBER 5.00 X 0 0 0 JAMIE GREENE BOARD MEMBER 5.00 X 0 0 0 RACHEL MCNABB BOAD MEMBER 5.00 X 0 0 0 TREAVOR RILEY HEAD OF SCHO 5.00 X 0 0 0 JENNIFER RISEDEN SECRETARY 5.00 X X 0 0 0 LEIGH VERM CORPORATION 5.00 X 0 0 0 WILLIAM GEORGE CEO/HEAD OF 40.00 X X 205264 0 18089 WILLIAM PUTNAM CFO 40.00 X 87381 0 62922 292645 81011 1 false true false BUCHANAN CONSTRUCTION LLC 1642 HENDERSONVILLE ROAD ASHEVILLE NC 28803 CONSTRUCTION 676672 ALLEGIANCE INDUSTRIES 105 SUNBELT BLVD COLUMBIA SC 29203 CLEANING 200679 2 2628000 1006414 3634414 TUITON AND FEES 9730941 9730941 BUS CONTRACT SALES 56650 56650 EXTENDED CARE 55336 55336 FOOD SERVICES 187 187 9843114 606 606 5882 5882 5882 5882 900000 900000 900000 900000 MISCELLANEOUS 181857 181857 PV DISCOUNT OF LONG-TERM PLED 7571 7571 189428 14573444 9843114 1095916 1197989 1197989 292645 149104 137689 5852 4798815 3548531 1110982 139302 1263409 1197081 57837 8491 381717 66680 305246 9791 7118 7118 251611 251611 210469 210469 70929 1765 69164 52443 29756 22687 100407 100407 258581 258581 105352 105352 850273 850273 133708 133708 REPAIRS & MAINTENANCE 724628 724628 BAD DEBT EXPENSE 224285 224285 FINE ARTS SUPPLY 179949 179949 STUDENT ACTIVITIES 142433 142433 1135526 767762 336291 31473 12382287 8099802 3995725 286760 790587 553774 146408 1668810 876078 256985 3743701 257989 5060 5093 27811140 9486091 18311318 18325049 358429 2053787 24231581 23121487 682505 754871 4140579 724387 2915255 2443860 281005 781065 8019344 4704183 X 14980152 17795308 1232085 621996 16212237 18417304 24231581 23121487 X 2191157 13910 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 353759 -9909 900 342950 318045 103438 -33861 30000 651 3212 353759 287417 2725 30930 3027 318045 281276 5022 3988 2869 287417 263658 10595 9745 2722 281276 1.00000 true false 1682401 1682401 23182698 8045341 15137357 2442825 1440750 1002075 503216 503216 18325049 ERC RECEIVABLE 1184653 OPERATING LEASE RIGHT OF USE 402481 INTEREST IN ASSETS HELD BY OTHERS 364104 FINANCING LEASE RIGHT OF USE 98224 OTHER RECEIVABLES 4325 2053787 OPERATING LEASE LIABILITY 402481 CUSTODIAL ACCOUNTS 280360 FINANCING LEASE LIABILITY 98224 781065 X 13389365 13910 13910 13375455 1197989 1197989 14573444 11184298 11184298 1197989 1197989 12382287 SCHEDULE D, PAGE 2, PART V, LINE 4 ENDOWMENT FUNDS ARE HELD TO PROVIDE SCHOLARSHIPS TO STUDENTS OF THE ORGANIZATION. SCHEDULE D, PAGE 3, PART X FASB ASC 740, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" CLARIFIED THE ACCOUNTING FOR THE RECOGNITION AND MEASUREMENT OF UNCERTAINTIES IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PRESCRIBES A THRESHOLD OF MORE LIKELY-THAN-NOT FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ACADEMY'S POLICY IS TO EVALUATE THE LIKELIHOOD THAT ITS UNCERTAIN TAX POSITIONS WILL PREVAIL UPON EXAMINATION BASED ON THE EXTENT TO WHICH THOSE POSITIONS HAVE SUBSTANTIAL SUPPORT WITHIN THE INTERNAL REVENUE CODE AND REGULATIONS, REVENUE RULINGS, COURT DECISIONS AND OTHER EVIDENCE. SCHEDULE D, PAGE 4, PART XI, LINE 2D UNREALIZED GAIN 13,910 SCHEDULE D, PAGE 4, PART XI, LINE 4B SCHOLARSHIP/FINANCIAL AID 1,197,989 SCHEDULE D, PAGE 4, PART XII, LINE 4B SCHOLARSHIPS/FINANCIAL AID 1,197,989 true true true true true true true false false false false false false false false false false true SCHEDULE E, LINE 3 NEWSPAPER ADVERTISEMENTS AND BROCHURE LIST NONDISCRIMINATION POLICY. false FINANCIAL AID 256 1197989 false false false false false false false false false WILLIAM GEORGE CEO/HEAD OF SCHOOL 205264 18089 223353 WILLIAM PUTNAM CFO 87381 62922 150303 FORM 990 - ORGANIZATION'S MISSION SEEKING TO SERVE JESUS CHRIST AND UPHOLD HIS PRE-EMINENCE, ASHEVILLE CHRISTIAN ACADEMY, IN COMMITTED PARTNERSHIP WITH CHRISTIAN PARENTS, PROVIDES A GOSPEL-CENTERED EDUCATION TO SHEPHERD AND INSPIRE CHRIST- ORIENTED LIVES WITHIN A COMMUNITY OF GRACE. FORM 990, PAGE 6, PART VI, LINE 2 JOSHUA BRADSHAW RACHEL MCNABB CHAIR BOARD MEMBER COUSINS FORM 990, PAGE 6, PART VI, LINE 6 CURRENT PARENTS, STAFF, GRANDPARENT AND GREAT-GRANDPARENTS AS WELL AS ALUMNI, ALUMNI PARENTS, FORMER STAFF AND FORMER BOARD MEMBERS ARE ELIGIBLE FOR CORPORATION MEMBERSHIP. THE CORPORATION AS A BODY ELECTS THE BOARD OF DIRECTORS AND VOTES ON MAJOR SCHOOL DECISIONS. FORM 990, PAGE 6, PART VI, LINE 7A THE CORPORATION AS A BODY ELECTS THE BOARD OF DIRECTORS AND VOTES ON MAJOR SCHOOL DECISIONS. FORM 990, PAGE 6, PART VI, LINE 7B THE CORPORATION AS A BODY ELECTS THE BOARD OF DIRECTORS AND VOTES ON MAJOR SCHOOL DECISIONS. FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF THE 990 IS PROVIDED TO THE BOARD FOR REVIEW. FORM 990, PAGE 6, PART VI, LINE 12C ANY CONFLICTS OF INTEREST ARE PRESENTED AT BOARD MEETINGS AND IS COVERED UNDER BOARD POLICY 4.5.3.B WHICH STATES: WHEN THE BOARD IS TO DECIDE UPON AN ISSUE ABOUT WHICH MEMBER HAS A CONFLICT OF INTEREST, THAT MEMBER SHALL DISCLOSE THE CONFLICT TO THE BOARD AND ABSENT HERSELF OR HIMSELF WITHOUT COMMENT FROM NOT ONLY THE VOTE BUT ALSO FROM THE DELIBERATION. FORM 990, PAGE 6, PART VI, LINE 15A THE HEAD OF THE SCHOOL'S CONTRACT IS REVIEWED EVERY THREE YEARS. THE "HEAD'S REVIEW COMMITTEE" IS SOLELY RESPONSIBLE FOR COMPENSATION ISSUES. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION MANAGEMENT IS COVERED IN POLICY 2.6 AND STATES: THE HEAD OF SCHOOL WILL NOT CAUSE OR ALLOW JEOPARDY TO THE ORGANIZATION'S FISCAL INTEGRITY OR PUBLIC IMAGE WHEN DEALING WITH EMPLOYMENT, COMPENSATION AND BENEFITS FOR EMPLOYEES, CONSULTANTS OR CONTRACTORS. THE HEAD OF SCHOOL WILL NOT: 1, CHANGE HIS OWN COMPENSATION. 2. CHANGE HIS OWN BENEFITS, EXCEPT AS CONSISTENT WITH A PACKAGE FOR ALL OTHER EMPLOYEES. 3. PROMISE OR IMPLY ANYTHING OTHER THAN "AT-WILL" EMPLOYMENT. 4 ESTABLISH CURRENT COMPENSATION AND BENEFITS THAT DEVIATE MATERIALLY FROM THE GEOGRAPHIC AND/OR PROFESSIONAL MARKET VALUE FOR THE SKILLS EMPLOYED. 5. PERTAINING TO CONSULTANTS AND CONTRACT VENDORS, CREATE OBLIGATIONS OVER A LONGER TERM THAN REVENUES CAN BE SAFELY PROJECTED, IN NO EVENT LONGER THAN ONE YEAR. 6. ESTABLISH OR CHANGE RETIREMENT BENEFITS SO AS TO CAUSE SITUATIONS THAT ARE UNPREDICTABLE FOR THE ORGANIZATION, OR INEQUITABLE FOR EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 19 ALL GOVERNING DOCUMENTS ARE AVAILAABLE UPON REQUEST FORM 990, PART XI, LINE 9 UNREALIZED GAIN 13,910 SCHOLARSHIP/FINANCIAL AID -1,197,989 SCHOLARSHIPS/FINANCIAL AID 1,197,989 TOTAL 13,910