2023-05-15T14:07:10-04:00 2022-06-30 463054896 GOLDSMITH MOLIS & GRAY PLLC 32 ORANGE ST ASHEVILLE NC 288012914 990 2021-07-01 560889168 ASHEVILLE CHRISTIAN ACADEMY INC ASHE 8285812200 PO BOX 1089 SWANNANOA NC 28778 WILLIAM PUTNAM CFO 8285812200 2023-05-12 true WILLIAM PUTNAM 999009999 CRYSTAL Z GOLDSMITH CPA P01286671 8282813161 2023-05-12 2021 2023-04-26 12:10:37Z WILLIAM GEORGE 1037 NEW HAW CREEK ROAD ASHEVILLE NC 28805 10598932 false X ASHEVILLECHRISTIAN.ORG X 1967 NC OPERATION OF PRIVATE SCHOOL 12 11 228 400 0 3674177 930545 7640500 8951343 -36449 253147 687765 11567824 10533204 1023735 1178898 0 5878433 6341929 0 331802 3044339 3512258 9946507 11033085 1621317 -499881 26373626 24231581 9661508 8019344 16712118 16212237 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 7682217 1178898 8951343 PROVIDE INSTRUCTION AND EDUCATIONAL ACTIVITIES FOR STUDENTS FROM PRESCHOOL TO 12TH GRADE. 7682217 true true false false false false false false false true true false false false true true true false true false false false false false true 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 12 11 false 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 NIKKI BARRETT SECRETARY 5.00 X X 0 0 0 JOSHUA BRADSHAW CHAIR 5.00 X X 0 0 0 MIKE CIOCHINA VICE 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 BOARD MEMBER 5.00 X 0 0 0 KRISTI OWENS BOARD MEMBER 5.00 X 0 0 0 TREAVOR RILEY BOARD MEMBER 5.00 X 0 0 0 JENNIFER RISEDEN BOARD MEMBER 5.00 X 0 0 0 LEIGH VERM BOARD MEMBER 5.00 X 0 0 0 WILLIAM GEORGE CEO/HEAD OF 40.00 X X 155386 0 31700 WILLIAM PUTNAM CFO 40.00 X 79978 0 35552 235364 67252 1 false true false BUCHANAN CONSTRUCTION LLC 1642 HENDERSONVILLE ROAD ASHEVILLE NC 28803 CONSTRUCTION 1559646 REDEFINE FACILITY CLEANING 1125 SWEETEN CREEK ROAD SUITE 20 ASHEVILLE NC 28803 CLEANING 166960 2 930545 930545 TUITON AND FEES 8832688 8832688 FOOD SERVICES 53830 53830 EXTENDED CARE 38575 38575 BUS CONTRACT SALES 26250 26250 8951343 -33817 -33817 29206 29206 29206 29206 2632 -2632 -2632 -2632 234144 63096 171048 171048 MISCELLANEOUS 439397 439397 PV DISCOUNT OF LONG-TERM PLED 48114 48114 487511 10533204 8951343 651316 1178898 1178898 235364 111878 118825 4661 4493840 3291377 1066467 135996 1262839 1202405 52747 7687 349886 59654 280839 9393 85804 85804 64287 46437 17850 56536 4271 52265 32701 24913 7788 50680 50680 213282 213282 88702 88702 816017 816017 95093 95093 REPAIRS & MAINTENANCE 594884 550391 44493 STUDENT ACTIVITIES 138065 138065 J TERM 134209 134209 FACILITY/EQUIPMENT LEASE 131936 131936 1010062 617778 340615 51669 11033085 7682217 3019066 331802 1616599 790587 246641 146408 1250702 876078 5699637 3743701 5060 26947137 8635819 17236800 18311318 323247 358429 26373626 24231581 546017 682505 6179043 4140579 2706386 2915255 230062 281005 9661508 8019344 X 15062912 14980152 1649206 1232085 16712118 16212237 26373626 24231581 X -499881 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 318045 103438 -33861 30000 651 3212 353759 287417 2725 30930 3027 318045 281276 5022 3988 2869 287417 263658 10595 9745 2722 281276 582259 1737872 8140 2215034 1.00000 true false 1682401 1682401 20996277 7379013 13617264 2442825 1256806 1186019 1825634 1825634 18311318 CUSTODIAL ACCOUNTS 281005 281005 X 10596300 63096 63096 10533204 10533204 11096181 63096 63096 11033085 11033085 SCHEDULE D, PAGE 2, PART V, LINE 4 ENDOWMENT FUNDS ARE HELD TO PROVIDE SCHOLARSHIPS TO STUDENTS OF THE ORGANIZATION. FOR FISCAL YEAR 2019 THE BEGINNING ENDOWMENT FUND BALANCE HAS AN ADJUSTMENT OF 1,951,376 IN COMPARISON WITH THE PRIOR YEAR ENDING BALANCE. IN PREVIOUS FILINGS THE ORGANIZATION HAS INCLUDED FUNDS DESINGATED FOR CAPITAL IMPROVEMENTS UNDER ITS ENDOWMENT DISCLOSURE. AN ADJUSTMENT WAS MADE IN THAT YEAR TO ONLY REFLECT DESIGNATED ENDOWMENT FUNDS. 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 FUNDRAISING EXPENSES 63,096 SCHEDULE D, PAGE 4, PART XII, LINE 2D FUNDRAISING EXPENSE 63,096 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. GALA AUCTION 234144 234144 63096 234144 234144 63096 63096 171048 false FINANCIAL AID 291 1178898 false false false false false false false false false WILLIAM GEORGE CEO/HEAD OF SCHOOL 155386 31700 187086 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 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 FUNDRAISING EXPENSES 63,096 FUNDRAISING EXPENSE -63,096