Asheville-Buncombe Regional Sports Commission

EIN: 274435988 501(c)(3) Recreation & Sports

Asheville, NC

Total Revenue
$741,120
Total Expenses
$831,058
Total Assets
$193,265
Net Assets
$167,053
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
NC
Phone
8283980295
Tax Period
2023-07-01 to 2024-06-30

Asheville-Buncombe Regional Sports Commission, founded in 2010, is a small nonprofit in the Recreation & Sports sector that reported $741K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $831K exceeded revenue, resulting in a 12% operating deficit.

Mission

The main areas of emphasis for Asheville Buncombe Regional Sports Commission are to attract sports events, generate positive economic development, and provide wellness programs that enhance the quality of life for the residents of Buncombe County.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $315,143
Program Service Revenue $422,530
Investment Income $3,447
Other Revenue $0
TOTAL REVENUE $741,120

Expense Breakdown

Grants Paid $0
Salaries & Benefits $203,711
Fundraising Expenses $68,411
Program Expenses $590,412
Other Expenses $627,347
TOTAL EXPENSES $831,058

Year-over-Year Comparison

2023 2022 Change
Revenue $741,120 $875,388 -0.2%
Expenses $831,058 $812,852 +0.0%
Net Income $-89,938 $62,536 -2.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
26
Independent Members
24
Employees
2
Volunteers
150

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$184,286
Total Directors
26
$184,286
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Christopher Smith Executive Director 40.00
Officer Director
$96,890 $9,240 $106,130
Madison Davis Vice-President of Operations 40.00
Officer Director
$72,200 $5,956 $78,156
Stephen Zubrod Chairman 2.00
Officer Director
$0 $0 $0
Jeff Joyce Vice Chairman 2.00
Officer Director
$0 $0 $0
Ron Freeman Treasurer 2.00
Officer Director
$0 $0 $0
Jan Davis Board Member 1.00
Director
$0 $0 $0
Mike Rottjakob Board Member 1.00
Director
$0 $0 $0
Travis Tatham Board Member 1.00
Director
$0 $0 $0
Derek Allen Board Member 1.00
Director
$0 $0 $0
Donna Bailey Board Member 1.00
Director
$0 $0 $0
K Ray Bailey Board Member 1.00
Director
$0 $0 $0
Chris Cavanaugh Board Member 1.00
Director
$0 $0 $0
Janet Cone Board Member 1.00
Director
$0 $0 $0
Chris Corl Board Member 1.00
Director
$0 $0 $0
Chip Craig Board Member 1.00
Director
$0 $0 $0
Larry Crosby Board Member 1.00
Director
$0 $0 $0
Amanda Edwards Board Member 1.00
Director
$0 $0 $0
Charles Frederick Board Member 1.00
Director
$0 $0 $0
Corry Hyde Board Member 1.00
Director
$0 $0 $0
Mike Kryzanek Board Member 1.00
Director
$0 $0 $0
Keynon Lake Board Member 1.00
Director
$0 $0 $0
Tim Love Board Member 1.00
Director
$0 $0 $0
Jon Neumann Board Member 1.00
Director
$0 $0 $0
Tina Porter Board Member 1.00
Director
$0 $0 $0
Sage Turner Board Member 1.00
Director
$0 $0 $0
Lucious Wilson Board Member 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $741,120 $831,058 $193,265 $-89,938
2023 $875,388 $812,852 $281,849 $62,536
2022 $784,494 $764,330 $215,427 $20,164
2021 $429,454 $418,948 $200,997 $10,506
2020 $714,623 $665,385 $191,270 $49,238
2019 $822,971 $763,501 $238,379 $59,470
2018 $732,188 $711,002 $80,279 $21,186
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