2025-09-25T16:37:20-05:00 2024-06-30 061667465 Prager Metis CPAs PLLC 32 Orange Street Asheville NC 28801 990 2023-07-01 560889168 Asheville Christian Academy Inc ASHE 8285812200 PO Box 1089 Swannanoa NC 28778 William Putnam CFO 8285812200 2025-09-23 1 1 Crystal Goldsmith P01286671 8282813161 2025-09-23 2023 2025-03-06 01:10:19Z William Putnam 74 Riverwood Road Swannanoa NC 28778 13015541 0 X ashevillechristian.org X 1967 NC Operation of private school 11 11 230 442 0 0 3634414 872559 9843114 11708890 900606 64750 195310 368176 14573444 13014375 1197989 1323170 0 0 6736586 7417742 0 0 443912 4447712 5226646 12382287 13967558 2191157 -953183 23121487 22408429 4704183 4911501 18417304 17496928 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. 0 0 8798411 1323170 11928662 Provide instruction and educational activities for students from preschool to 12th grade. 8798411 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 3 0 1 230 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X William Putnam 8285812200 74 Riverwood Road Swannanoa NC 28778 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 Vice Chair 5.00 X X 0 0 0 Jamie Greene Board member 5.00 X 0 0 0 Tracy Gualano Board member 5.00 X 0 0 0 Rachel McNabb 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 Secretary 5.00 X X 0 0 0 Leigh Verm Board member 5.00 X 0 0 0 William George CEO/Head of School 40.00 X 206906 0 23798 William Putnam CFO 40.00 X 84220 0 74271 291126 0 98069 1 0 1 0 Redefine Facility Cleaning 1125 Sweeten Creek Road Suite 20 Asheville NC 28803 Cleaning 290173 1 139200 733359 57475 872559 Tuiton and fees 611110 11603298 11603298 Extended care 611110 60255 60255 Bus contract sales 611110 42978 42978 Food services 611110 2359 2359 11708890 65916 65916 4425 0 4425 4425 4425 1166 -1166 -1166 -1166 143979 139200 0 143979 143979 Miscellaneous 611110 219772 219772 219772 13014375 11928662 0 213154 X 1323170 1323170 291125 148330 136974 5821 5245667 3575450 1476076 194141 1478435 1387880 80579 9976 402515 75979 312469 14067 7422 7422 22126 22126 49791 49791 69572 1122 68450 112776 88076 24700 134491 134491 388912 89236 299676 151588 151588 875912 875912 128173 128173 Repairs and maintenance 844815 844587 228 Severance 349901 349901 Bad debt 272988 272988 Other 236579 236579 1581600 1322454 132617 126529 13967558 8798411 4725235 443912 553774 501250 1668810 2241964 256985 257989 105271 5093 7512 28526778 10353175 18325049 18173603 2053787 1378829 23121487 22408429 754871 940880 724387 358576 2443860 2957254 781065 654791 4704183 4911501 X 17795308 16797355 621996 699573 18417304 17496928 23121487 22408429 -953183 32807 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 342950 26748 3774 365924 353759 -9909 900 342950 318045 103438 -33861 30000 651 3212 353759 287417 2725 30930 3027 318045 281276 5022 3988 2869 287417 1.00000 1 0 1682401 1682401 23224705 8735272 14489433 1087372 476108 611264 2532300 1141795 1390505 18173603 Interest in assets held by others 495912 Other receivables 5879 Financing lease right of use 78580 Operating lease right of use 358844 ERC Receivable 439614 1378829 Custodial accounts 217367 Financing lease liability 75823 Operating lease liability 361601 654791 X 11724012 32807 32807 11691205 1323170 1323170 13014375 12644388 0 12644388 1323170 1323170 13967558 Part V, Line 4: Endowment funds are held to provde scholarships to students of the organization. Part X, Line 2: 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. Part XI, Line 4b - Other Adjustments: Financial aid 1,323,170. Part XII, Line 4b - Other Adjustments: Financial aid 1,323,170. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 Newspaper advertisements and brochure list nondiscrimination policy. Gala 283179 139200 143979 283179 139200 143979 143979 0 Financial aid 308 1323170 X 0 0 0 0 0 0 0 0 0 William George CEO/Head of School 206906 0 0 0 0 0 0 0 23798 0 230704 0 0 0 William Putnam CFO 84220 0 0 0 0 0 0 0 74271 0 158491 0 0 0 Part I, Line 3 A committee is solely responsible for compensation issues. X 34300 Appraisal X Orthodontics package 1 15000 Fair market value X Gravel, grading and parking lot 1 8175 Cost 0 0 0 Form 990, Part VI, Section A, line 2 Board Chairman, Joshua Bradshaw and Board Member Rachel McNabb are cousins. Form 990, Part VI, Section A, line 6 Current parents, staff, grandparent and great-grandparents as well as alumni, alumni parents, former staff and former board members are eligiblefor corporation membership. The Corporation as a body elects the Board of Directors and votes on major school decisions. Form 990, Part VI, Section A, line 7a The Corporation as a body elects the Board of Directors and votes on major school decisions. Form 990, Part VI, Section A, line 7b The Corporation as a body elects the Board of Directors and votes on major school decisions. Form 990, Part VI, Section B, line 11b A copy of the 990 is provided to the Board for review Form 990, Part VI, Section B, 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, Part VI, Section B, line 15 The Head of the School's contract is reviewed every three years. The"Head's Review Committee" is solely responsible for compensation issues. 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, Part VI, Section C, line 19 All governing documents are available upon request Form 990, Part IX, line 24e J Term: Program service expenses 215,632. Management and general expenses 0. Fundraising expenses 0. Total expenses 215,632. Student related activities: Program service expenses 202,364. Management and general expenses 0. Fundraising expenses 0. Total expenses 202,364. Fine arts supply: Program service expenses 149,558. Management and general expenses 0. Fundraising expenses 0. Total expenses 149,558. Student activities: Program service expenses 145,328. Management and general expenses 0. Fundraising expenses 0. Total expenses 145,328. Professional advancement: Program service expenses 139,164. Management and general expenses 0. Fundraising expenses 0. Total expenses 139,164. Athletics: Program service expenses 116,609. Management and general expenses 0. Fundraising expenses 0. Total expenses 116,609. Food: Program service expenses 108,231. Management and general expenses 0. Fundraising expenses 0. Total expenses 108,231. Gifts to faculty/staff: Program service expenses 101,658. Management and general expenses 0. Fundraising expenses 0. Total expenses 101,658. Supplies: Program service expenses 88,556. Management and general expenses 0. Fundraising expenses 0. Total expenses 88,556. Gala and auction: Program service expenses 0. Management and general expenses 0. Fundraising expenses 76,976. Total expenses 76,976. Contract labor: Program service expenses 0. Management and general expenses 58,710. Fundraising expenses 1,553. Total expenses 60,263. Vehicle maintenance: Program service expenses 0. Management and general expenses 54,883. Fundraising expenses 0. Total expenses 54,883. Development: Program service expenses 0. Management and general expenses 0. Fundraising expenses 48,000. Total expenses 48,000. Testing: Program service expenses 28,008. Management and general expenses 0. Fundraising expenses 0. Total expenses 28,008. Workers compensation: Program service expenses 0. Management and general expenses 19,024. Fundraising expenses 0. Total expenses 19,024. Library and media: Program service expenses 13,755. Management and general expenses 0. Fundraising expenses 0. Total expenses 13,755. Dues and subscriptions: Program service expenses 9,208. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,208. Faculty recruitment: Program service expenses 4,383. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,383. NC FEMA - EM-3617The taxpayer or tax preparer is located in a federally declared disaster area due to Hurricane Helene and has been granted an addition extension of time to file until September 25, 2025, pursuant to NC-2025-01 dated April 17th, 2025.