2026-05-14T11:14:32-05:00 2025-06-30 061667465 Prager Metis CPAs PLLC 32 Orange Street Asheville NC 28801 990 2024-07-01 560889168 Asheville Christian Academy Inc ASHE 8285812200 PO Box 1089 Swannanoa NC 28778 William Putnam CFO 8285812200 2026-05-12 1 1 Christopher M Forrest P01329692 8282813161 2026-05-12 2024 2025-03-06 01:10:19Z Amber Roth 74 Riverwood Road Swannanoa NC 28778 27352261 0 X ashevillechristian.org X 1967 NC Operation of private school 12 12 246 350 0 0 872559 12590920 11708890 10905464 64750 -1825196 368176 3784892 13014375 25456080 1323170 1110557 0 0 7417742 7742895 0 0 378399 5226646 10297139 13967558 19150591 -953183 6305489 22408429 26728539 4911501 4754176 17496928 21974363 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 9307184 1110557 12763175 Provide instruction and educational activities for students from preschool to 12th grade. 9307184 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 5 0 1 246 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X Amber Roth 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 Brian Fuchs Board member 5.00 X 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 Barry Lawson Board member 5.00 X 0 0 0 Kristi Owens Board member 5.00 X 0 0 0 Nathan Renfro 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 William Putnam Head of school/board member 40.00 X X 175991 0 82714 Amber Roth CFO 40.00 X 69991 0 42770 William George Former Head of School 0.00 X 305218 0 15018 551200 0 140502 3 0 1 0 Beverly Grant Inc 70 Peachtree Road Asheville NC 28803 Construction contractor 2418404 PBI Commercial Interiors 123 Sweeten Creek Road Asheville NC 28803 Flooring and furniture 2007870 Insight Planning and Development 901 N Breazeale Avenue Mt Olive NC 28365 Debris monitoring services 701494 FLIK USA PO Box 417632 Boston MA 02241 Food services 487392 Dominion Company Police 40 Cane Creek Industrial Park Road Fletcher NC 28732 Security services 266278 5 1200 12589720 8600078 12590920 Tuiton and fees 611110 10423519 10423519 Food services 611110 350274 350274 Bus contract sales 611110 91140 91140 Extended care 611110 40531 40531 10905464 70985 70985 1000 0 1000 1000 1000 1896181 -1896181 -1896181 -1896181 30000 1200 0 30000 30000 Insurance reimbursement-Helene 900099 2804762 2804762 FEMA relief - Helene 900099 928329 928329 Miscellaneous 900099 20801 20801 3753892 25456080 12763175 0 101985 1110557 1110557 551200 280840 259339 11021 5479852 4047753 1232062 200037 1254712 1147351 95999 11362 457131 340231 101879 15021 196554 196554 49996 49996 86054 74485 11569 88782 88782 6559603 6559603 178542 178542 898630 898630 158851 158851 Food 450743 450743 J Term 226495 226495 Other 217518 217518 Contract labor 215106 215106 970265 804584 86288 79393 19150591 9307184 9465008 378399 501250 532219 2241964 1233325 105271 20416 7512 111820 26461265 3196052 18173603 23265213 1378829 1565546 22408429 26728539 940880 954019 358576 542624 2957254 2625956 654791 631577 4911501 4754176 X 16797355 21826689 699573 147674 17496928 21974363 22408429 26728539 X 6305489 43905 -1871959 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 365924 16722 5629 377017 342950 26748 3774 365924 353759 -9909 900 342950 318045 103438 -33861 30000 651 3212 353759 287417 2725 30930 3027 318045 1.00000 1 0 1682401 1682401 23555219 2669806 20885413 678752 259718 419034 372352 134639 237713 172541 131889 40652 23265213 Interest in assets held by others 540413 Other receivables 90532 Financing lease right of use 52960 Operating lease right of use 442027 ERC Receivable 439614 1565546 Custodial accounts 136590 Financing lease liability 52960 Operating lease liability 442027 631577 X 22517469 43905 -1871959 -1828054 24345523 1110557 1110557 25456080 18040034 0 18040034 1110557 1110557 19150591 Part V, Line 4: Endowment funds are held to provde scholarships to students of the organization. Part X, Line 2: Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") 740, Accounting for Uncertainty in Income Taxes, clarified the accounting for the recognition and measurement of uncertainties in income taxes recognized in an entities financial statement 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 2d - Other Adjustments: Impairment loss -1,871,959. Part XI, Line 4b - Other Adjustments: Financial aid 1,110,557. Part XII, Line 4b - Other Adjustments: Financial aid 1,110,557. 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 31200 1200 30000 31200 1200 30000 30000 0 Financial aid 275 1110557 X 0 0 0 0 0 0 0 0 0 William George Former Head of School 305218 0 0 0 0 0 0 0 15018 0 320236 0 0 0 William Putnam Head of school/board member 175991 0 0 0 0 0 0 0 82714 0 258705 0 0 0 Part I, Line 3 A committee is solely responsible for compensation issues. X Hurricane damage invoices 3 5128689 Actual cost X Loans paid 4 3445639 Actual cost X Turf and field supplies 1 11750 Fair market value X Auditorium seating 1 9000 Fair market value X Toilet partitions 1 5000 Fair market value 0 0 0 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 XI, line 9: Impairment loss due to natural disaster -1,871,959. Form 990 Part XII line 2c The process has not changed.