2023-02-05T17:26:59-05:00 2022-06-30 561391615 CRAWLEY LEE & COMPANY PA PO BOX 5595 ASHEVILLE NC 288135595 990 2021-07-01 560530248 ASHEVILLE SCHOOL INC ASHE 8282546345 360 ASHEVILLE SCHOOL ROAD ASHEVILLE NC 28806 C BROOKS SEAY EDDJDMBACPA ASSISTANT TREASURER 8282546345 2023-02-01 true C BROOKS SEAY EDDJDMBACPA 999009999 JAMES A LEE CPA P00548231 8282745524 2023-02-01 2021 2023-03-07 01:45:13Z DR ANTHONY H SGRO 360 ASHEVILLE SCHOOL ROAD ASHEVILLE NC 28806 58028783 false X WWW.ASHEVILLESCHOOL.ORG X 1900 NC TO PREPARE OUR STUDENTS FOR COLLEGE AND FOR LIFE AND TO PROVIDE AN ATMOSPHERE IN WHICH ALL MEMBERS OF A DIVERSE, ENGAGED, AND PURPOSEFULLY SMALL SCHOOL COMMUNITY APPRECIATE AND STRIVE FOR EXCELLENCE - AN ATMOSPHERE THAT NURTURES CHARACTER AND FOSTERS THE DEVELOPMENT OF MIND, BODY, AND SPIRIT. 21 21 157 210 0 7502348 6001195 16642166 18374376 5128832 5915424 397790 333977 29671136 30624972 3517705 3459354 0 9629823 9881019 0 1148495 7994485 8070353 21142013 21410726 8529123 9214246 117692814 109072100 8045366 6960810 109647448 102111290 X TO PREPARE OUR STUDENTS FOR COLLEGE AND FOR LIFE AND TO PROVIDE AN ATMOSPHERE IN WHICH ALL MEMBERS OF A DIVERSE, ENGAGED, AND PURPOSEFULLY SMALL SCHOOL COMMUNITY APPRECIATE AND STRIVE FOR EXCELLENCE - AN ATMOSPHERE THAT NURTURES CHARACTER AND FOSTERS THE DEVELOPMENT OF MIND, BODY, AND SPIRIT. false false 16051949 3459354 18374376 ASHEVILLE SCHOOL IS A COLLEGE PREPARATORY SCHOOL FOR STUDENTS IN GRADES NINE THROUGH TWELVE. STUDENTS REPRESENT TWENTY-SIX U.S. STATES AND EIGHTEEN FOREIGN COUNTRIES. THIRTY-FIVE PERCENT OF STUDENTS RECEIVE FINANCIAL AID FROM THE SCHOOL. ONE HUNDRED PERCENT OF STUDENTS IN THE CLASS OF 2022 ARE ATTENDING COLLEGE AFTER GRADUATION. 16051949 true true false false false false false true true true true true false false true true true false true false true false true false false false false false true true true false false false false false false false false true false true false false false false false false false false true 32 0 true 157 true false false false false false false false false false false false false false false X 21 21 false false false false false false false true true false false true true true true true true true false false X X C BROOKS SEAYEDDJDMBACPA 8282546345 360 ASHEVILLE SCHOOL ROAD ASHEVILLE NC 28806 WALTER G COX JR CHAIR 4.00 X X 0 0 0 THOMAS E CONE TRUSTEE 1.00 X 0 0 0 ELISABETH P EWING TRUSTEE 1.00 X 0 0 0 LARA GLASS VICE CHAIR 1.00 X X 0 0 0 DR JOSE' A GONZALEZ TREASURER 1.00 X X 0 0 0 MIYA GRAY TRUSTEE 1.00 X 0 0 0 ALEX HAGAN TRUSTEE 1.00 X 0 0 0 MARY ROBINSON HERVIG TRUSTEE 1.00 X 0 0 0 DOUGLAS HUTCHERSON TRUSTEE 1.00 X 0 0 0 ELIZABETH KLUMP TRUSTEE 1.00 X 0 0 0 JANET LEY TRUSTEE 1.00 X 0 0 0 NISHANT N MEHTA TRUSTEE 1.00 X 0 0 0 MARCELLUS C PARKER TRUSTEE 1.00 X 0 0 0 DEXTER PERRY TRUSTEE 1.00 X 0 0 0 OLIVER G PRINCE JR TRUSTEE 1.00 X 0 0 0 ARTHUR H ROGERS III TRUSTEE 1.00 X 0 0 0 SCOTT SHEALY TRUSTEE 1.00 X 0 0 0 THOMAS H SHORES JR VICE CHAIR 1.00 X X 0 0 0 DAVID M STOVER TRUSTEE 1.00 X 0 0 0 MORGAN MISCHER WARTH TRUSTEE 1.00 X 0 0 0 JOHN W WILLINGHAM TRUSTEE 1.00 X 0 0 0 JAY BONNER MASTER TEACH 50.00 X 131764 0 32630 ROBERT MCARTHUR ASSISTANT TR 50.00 X 192233 0 31514 SCOTT MILLER COUNSELOR 50.00 X 104913 0 29965 LEIGH RUHL ASST. HEAD O 50.00 X 173451 0 30064 ARCHIBALD MONTGOMERY FORMER EMPLO X 0 0 200000 DR ANTHONY H SGRO HEAD OF SCHO 50.00 X 545777 0 40937 1148138 365110 5 true true false SAGE DINING 1402 YORK ROAD LUTHERVILLE MD 21093 FOOD SERVICE 1749117 HEALTHGRAM PO BOX 11088 CHARLOTTE NC 28220 HEALTH INS. 1238747 BUDD GROUP PO BOX 890856 CHARLOTTE NC 28289 CLEANING 399130 US SECURITY ASSOCIATES INC PO BOX 828854 PHILADELPHIA PA 19182 SECURITY 355088 RLC SERVICE GROUP 103 S BEAR CREEK RD ASHEVILLE NC 28806 CONTRACTOR 320374 5 6001195 1152822 6001195 TUITION AND FEES 611710 18374376 18374376 18374376 1277205 1277205 114866 114866 114866 114866 31926212 32133 27295822 24304 4630390 7829 4638219 4638219 89956 83685 6271 6271 OTHER 611710 212840 212840 212840 30624972 4857330 19766447 2804629 2804629 654725 654725 722907 534644 188263 6662006 4794610 1407847 459549 612423 384479 170621 57323 1383374 958410 346503 78461 500309 312662 141031 46616 110883 110883 52423 52423 1302258 1018542 228128 55588 103087 90624 12463 129493 19805 79255 30433 249987 249987 725769 652948 37074 35747 323197 229967 68962 24268 69312 69312 83997 83997 1790038 1666312 70577 53149 205914 165381 28956 11577 MEALS AND ENTERTAINMENT 1454422 1353084 28786 72552 SUPPLIES 545138 428267 98613 18258 SUMMER SCHOOL EXPENSES-OT 504111 504111 OTHER 249482 4413 244621 448 170842 30292 136750 3800 21410726 16051949 4210282 1148495 1500 1500 13130200 15105750 1607434 2731429 207521 63119 41230 36651 309324 447226 51615133 27920823 25050094 23694310 66396013 54687559 9380892 10529818 51927 42897 1516679 1731841 117692814 109072100 1182665 715922 2817545 2831702 3605000 3010000 11047 4390 100000 50000 329109 348796 8045366 6960810 X 47741880 44999936 61905568 57111354 109647448 102111290 117692814 109072100 X 9214246 -16536362 -214042 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 97500 X X STUDY PAINTING TECHNIQUES false true 11047 18818 25475 4390 true X 74747303 2226603 -10569084 -666214 -1828170 63910438 53410657 4296614 19036195 -686108 -1310055 74747303 55189838 423481 -15481 -679509 -1507672 53410657 52339711 957846 4219387 -676399 -1650707 55189838 52759607 3028824 1293667 -703848 -4038539 52339711 0.08000 0.68000 0.24000 true false 461421 461421 44498667 22994434 21504233 4986402 3935619 1050783 1668643 990770 677873 23694310 HEDGE FUNDS 7509152 PRIVATE EQUITY FUNDS AND REAL ASSETS 3020666 10529818 LEASE OBLIGATION 191399 ANNUITY PAYABLE 157397 348796 9911102 -16536362 -214043 -16750405 26661507 3963465 3963465 30624972 17447261 17447261 3963465 3963465 21410726 SCHEDULE D, PAGE 2, PART IV, LINE 1B FUNDS HELD FOR STUDENTS. SCHEDULE D, PAGE 2, PART IV, LINE 2B FUNDS HELD FOR STUDENTS SCHEDULE D, PAGE 2, PART V, LINE 4 THE SCHOOL'S ENDOWMENT FUNDS ARE USED TO SUPPLEMENT INSTRUCTIONAL AND FINANCIAL AID EXPENSES. SCHEDULE D, PAGE 3, PART X THE SCHOOL'S POLICY IS TO EVALUATE ALL TAX POSITIONS AND TO CONSULT WITH EXPERTS TO IDENTIFY THOSE THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS WILL BE ASSESSED AND MEASURED BY A REASONABLY POSSIBLE THRESHOLD TO DETERMINE IF THE BENEFIT OF AN UNCERTAIN TAX POSITION SHOULD BE RECOGNIZED IN THE PERIOD THE CHANGE OCCURS. THE SCHOOL'S FEDERAL RETURNS OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR 2021, 2020, AND 2019 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, FOR THREE YEARS AFTER THEY WERE FILED. SCHEDULE D, PAGE 4, PART XI, LINE 2D CHANGE IN SPLIT INTEREST AGREEMENTS -214,043 SCHEDULE D, PAGE 4, PART XI, LINE 4B SUMMER OPERATIONS EXPENSE NETTED ON FINANCIAL STATEMENT 504,111 FINANCIAL AID INCLUDED ON STATEMENT OF FUNCTIONAL EXPENSES 3,459,354 SCHEDULE D, PAGE 4, PART XII, LINE 4B SUMMER OPERATIONS EXPENSES NETTED ON FINANCIAL STATEMENT 504,111 FINANCIAL AID INCLUDED ON STATEMENT OF FUNCTIONAL EXPENSES 3,459,354 true true true true true true true false false false false false false false false false false true SCHEDULE E, LINE 3 POLICY IS POSTED ON THE SCHOOL'S WEBSITE true SCHOLARSHIPS/FINANCIAL AI NORTH AMERICA - CANADA 2 92800 FINANCIAL AID BOOK SCHOLARSHIPS/FINANCIAL AI CENTRAL AMERICA & THE CARIBBEAN 4 154990 FINANCIAL AID BOOK SCHOLARSHIPS/FINANCIAL AI MIDDLE EAST N. AFRICA 3 58250 FINANCIAL AID BOOK SCHOLARSHIPS/FINANCIAL AI EUROPE 7 292660 FINANCIAL AID BOOK SCHOLARSHIPS/FINANCIAL AI EAST ASIA 3 49025 FINANCIAL AID BOOK SCHOLARSHIPS/FINANCIAL AI SOUTH AMERICA 1 7000 FINANCIAL AID BOOK false false false false false false true SCHOLARSHIPS/FINANCIAL AI 87 2804629 N/A N/A SCHEDULE I, PAGE 1, PART I, LINE 2 ASHEVILLE SCHOOL TRACKS DISTRIBUTIONS FROM THE FUNDS THAT ARE SPECIFICALLY RESTRICTED FOR A DESIGNATED PURPOSE AND COMPARES IT TO FUNDS AWARDED TO STUDENTS TO ENSURE THERE ARE NO VIOLATIONS OF DONOR INTENT. A SPREADSHEET IS ALSO KEPT DETAILING EACH STUDENT TO RECEIVE A SCHOLARSHIP, ALONG WITH GRADE AND AMOUNT AWARDED. X X true true X X X X X false true false false false false false false false JAY BONNER MASTER TEACHER 131764 13975 19315 164394 ROBERT MCARTHUR ASSISTANT TREASURER 192233 19200 13130 223747 LEIGH RUHL ASST. HEAD OF SCHOOL 173451 17750 13119 203515 ARCHIBALD MONTGOMERY FORMER EMPLOYEE 200000 200000 DR ANTHONY H SGRO HEAD OF SCHOOL/SEC. 545777 28500 13253 586714 SCHEDULE J, PAGE 1, PART I, LINE 4 ARCHIBALD MONTGOMERY 0 200,000 0 A NC CAPITAL FACILITIES FINANCE AGENC 561592154 2014-10-16 7185000 CAPITAL EXPENDITURES true false false A 595000 7185000 112885 7072115 2004 true false true true A false false false false true false false A false false false false false false false false false A false PURPOSE OF ISSUE DESCRIPTION NC CAPITAL FACILITIES FINANCE AGENCY CAPITAL EXPENDITURES MARGARET RUCH FRELINGHUYSEN PART V 51600 WAGES false CAROLINA BIOLOGICAL SUPPLY CO PART V 107 INSTRUCTION EXPENSE false SCHEDULE L, PART V PART IV, LINE (1), COLUMN (B): MARGARET RUCH FRELINGHUYSEN IS THE DAUGHTER OF TREY RUCH. MR. RUCH IS A PAST BOARD MEMBER AND CURRENLTY SERVES ON THE INVESTMENT COMMITTEE. PART IV, LINE (2), COLUMN (B): ARTHUR ROGERS IS ON THE BOARD OF TRUSTEES. HIS WIFE IS ON THE BOARD OF DIRECTORS OF CAROLINA BIOLOGICAL SUPPLY CO. X 6 1131562 X 2 21260 false true false FORM 990 - ORGANIZATION'S MISSION TO PREPARE OUR STUDENTS FOR COLLEGE AND FOR LIFE AND TO PROVIDE AN ATMOSPHERE IN WHICH ALL MEMBERS OF A DIVERSE, ENGAGED, AND PURPOSEFULLY SMALL SCHOOL COMMUNITY APPRECIATE AND STRIVE FOR EXCELLENCE - AN ATMOSPHERE THAT NURTURES CHARACTER AND FOSTERS THE DEVELOPMENT OF MIND, BODY, AND SPIRIT. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS PREPARED BY INDEPENDENT ACCOUNTANTS, REVIEWED BY THE AUDIT COMMITTEE, AND THEN REVIEWED BY THE ENTIRE BOARD OF TRUSTEES PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C IN THE EVENT THERE SHOULD ARISE AN ACTUAL OR POTENTIAL CONFLICT BETWEEN THE INTEREST OF THE SCHOOL AND THE INTEREST OF THE TRUSTEE OR MEMBER OF THE ADMINISTRATION, THEN THE TRUSTEE OR MEMBER OF THE ADMINISTRATION INVOLVED MUST DISCLOSE THE EXISTENCE OF THE CONFLICT OR POSSIBLE CONFLICT TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES AND TO THE HEAD OF SCHOOL. FORM 990, PAGE 6, PART VI, LINE 15A THE HEAD OF SCHOOL'S COMPENSATION IS SET BY THE BOARD'S COMPENSATION COMMITTEE WITH COMPARABILITY DATA INCLUDING BENCHMARK DATA FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS), THE DATA REPORTED IN SIMILAR SCHOOLS' FORM 990'S, AND SEARCH CONSULTANT'S FEEDBACK. COMPENSATION OF OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE HEAD OF SCHOOL WHO USES BENCHMARK DATA FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS) AND OTHER SIMILAR SCHOOLS' FORM 990'S, AND SALARY SURVEY DATA FOUND ON VARIOUS SALARY WEBSITES. FORM 990, PAGE 6, PART VI, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC VIA THE OFFICE OF THE ASSISTANT HEAD OF SCHOOL FOR OPERATIONS. A PUBLIC INSPECTION COPY OF FORM 990 IS ALSO AVAILABE AT GUIDESTAR.ORG. FORM 990, PART XI, LINE 9 SUMMER OPERATIONS NETTED IN REVENUES ON FINANCIAL 504,111 FINANCIAL AID INCLUDED ON STMT OF FUNCTIONAL EXPEN 3,459,354 CHANGE IN VALUE OF SPLIT INTEREST AGREEEMENT -214,042 SUMMER OPERATIONS NETTED IN REVENUES ON FINANCIAL -504,111 FINANCIAL AID INCLUDED ON STATEMENT OF FUNCTIONAL -3,459,354 TOTAL -214,042