2013-01-04T16:51:50-06:00 2012-06-30 GABLER MOLIS & COMPANY PA 32 ORANGE ST ASHEVILLE NC 288012914 990 2011-07-01 560889168 ASHEVILLE CHRISTIAN ACADEMY ASHE 8285812200 PO BOX 1089 SWANNANOA NC 28778 WILLIAM GEORGE 8285812200 2012-11-01 true CRYSTAL Z GOLDSMITH CPA 8282813161 2012-12-12 2011 2016-03-07 17:11:31Z WILLIAM GEORGE PO BOX 1089 SWANNANOA NC 28778 5051427 false X WWW.ACACADEMY.ORG X 1967 NC OPERATION OF PRIVATE SCHOOL 15 15 158 400 0 322293 548226 4116424 4415066 24527 4648 69722 83487 4532966 5051427 67180 57380 0 3171573 3483959 0 315122 1660268 1831041 4899021 5372380 -366055 -320953 12249331 12259522 1228129 1565603 11021202 10693919 OPERATION OF PRIVATE SCHOOL false false 2905874 57380 PROVIDE INSTRUCTION AND EDUCATIONAL ACTIVITIES FOR STUDENTS FROM PRESCHOOL TO 12TH GRADE. 2905874 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 false false false false false false false false false false false false false false false false false false false true 1 0 true 158 true false false false false false false false false false false false false X 15 15 false false false false true true true true true false false true true true true false false true false false X WILLIAM GEORGE 8285812212 PO BOX 1089 SWANNANOA NC 28778 CHUCK ARCHERD 1.00 X 0 0 0 JERRY MORRIS 1.00 X 0 0 0 JOEL BARKER 1.00 X 0 0 0 KEN CONDRA 1.00 X 0 0 0 ROGER JAMES 1.00 X 0 0 0 HAL MCDONALD 1.00 X 0 0 0 DAVID BRUCE 1.00 X 0 0 0 SCOTT CRAWFORD 1.00 X 0 0 0 DAVID PHELAN 1.00 X 0 0 0 PETER FONTAINE 1.00 X 0 0 0 DAN PIERCE 1.00 X 0 0 0 PHILLIP DELP 1.00 X 0 0 0 JIM HILL 1.00 X 0 0 0 JEFF HUTCHINSON 1.00 X 0 0 0 ROBERT SULASKI 1.00 X 0 0 0 BILL GEORGE 40.00 X 110250 0 21926 110250 21926 1 false false false 548226 548226 TUITION AND FEES 4225826 4225826 SERVICE INCOME 189240 189240 4415066 4648 4648 21680 21680 21680 21680 15352 15352 15352 CLEARWIRE LEASE PAYMENT 18086 18086 MISC INCOME 14893 14893 INGLES CARDS SALES 6000 6000 7476 7476 46455 5051427 4415066 88135 57380 57380 110250 110250 2612277 1826989 606804 178484 546414 363084 145797 37533 215018 32219 170798 12001 18458 18458 8623 2778 5845 29312 29312 10598 10598 431828 6930 424898 19779 19779 455166 455166 FOOD 113557 113557 J TERM 110064 110064 DEVELOPMENT 81259 81259 ATHLETICS 75243 75243 477154 320408 156746 5372380 2905874 2151384 315122 126247 255719 28655 5651 15250863 3641729 11858301 11609134 236128 389018 12249331 12259522 226952 249891 467079 745779 534098 569933 1228129 1565603 X 10825873 10434700 195329 259219 11021202 10693919 12249331 12259522 -320953 -6330 X false true true X false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false 195329 164702 -1682 99130 259219 177658 185088 13584 181001 195329 227195 186620 236157 177658 156342 132431 61578 227195 1.00000 true false false 1682401 1682401 12239786 2727900 9511886 1268422 913829 354593 60254 60254 11609134 FOREST COMMERCIAL LINE OF CREDIT 352624 NOTES PAYABLE 121842 CUSTODIAL ACCOUNTS HELD FOR STUDENTS 66354 NOTES PAYABLE-CURRENT 29113 569933 5051427 5372380 -320953 -6330 -6330 -327283 4987717 -6330 -6330 4994047 57380 57380 5051427 5315000 5315000 57380 57380 5372380 LIABILITY UNDER FIN 48 FOOTNOTE 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. THE ACADEMY'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE DATE THEY ARE FILED. AS OF JUNE 30, 2012, YEARS SUBJECT TO EXAMINATION INCLUDE 2009, 2010, AND 2011. RECONCILIATION OF CHANGES - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 8 STUDENT AID GRANTS, NET WITH TUITION FEES ON FS -57,380 STUDENT AID GRANTS, NET WITH TUITION FEES ON FS 57,380 REVENUE AMOUNTS INCLUDED ON RETURN - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 4B STUDENT AID GRANTS, NET WITH TUITION FEES ON FS 57,380 EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER SCHEDULE D, PAGE 4, PART XIII, LINE 4B STUDENT AID GRANTS, NET WITH TUITION FEES ON FS 57,380 true true true true true true true false false false false false false false false false false true GOLF TOURNAMENT 15352 15352 15352 15352 15352 false STUDENT AIDS/GRANTS 22 57380 CLASSES OF MEMBERS OR STOCKHOLDERS FORM 990, PAGE 6, PART VI, LINE 6 CURRENT PARENTS, STAFF, GRANDPARENTS 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. ELECTION OF MEMBERS AND THEIR RIGHTS FORM 990, PAGE 6, PART VI, LINE 7A THE CORPORATION AS A BODY ELECTS THE BOARD OF DIRECTORS AND VOTES ON MAJOR SCHOOL DECISIONS. DECISIONS SUBJECT TO APPROVAL OF MEMBERS FORM 990, PAGE 6, PART VI, LINE 7B THE CORPORATION AS A BODY ELECTS THE BOARD OF DIRECTORS AND VOTES ON MAJOR SCHOOL DECISIONS. ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF THE 990 RETURN IS PROVIDED TO THE BOARD FOR REVIEW. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C EVERY MEMBER ORGANIZATION SHALL AVOID CONFLICTS OF INTEREST. TRANSACTIONS WITH RELATED PARTIES MAY BE UNDERTAKEN ONLY IF ALL OF THE FOLLOWING ARE OBSERVED: 1) A MATERIAL TRANSACTION IS FULLY DISCLOSED IN THE AUDITED FINANCIAL STATEMENTS OF THE ORGANIZATION; 2) THE RELATED PARTY IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTIONS; 3) A COMPETITIVE BID OR COMPARABLE VALUATION EXISTS; AND 4) THE ORGANIZATIONS BOARD HAS ACTED UPON AND DEMONSTRATED THAT THE TRANSACTION IS IN THE BEST INTEREST OF THE MEMBER ORGANIZATION. COMPENSATION PROCESS FOR TOP OFFICIAL 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. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 ALL GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST