JEWISH COMMUNITY CENTER OF ASHEVILLE INC

EIN: 560529951 501(c)(3) Religion

ASHEVILLE, NC

Total Revenue
$3,184,796
Total Expenses
$3,677,135
Total Assets
$9,627,157
Net Assets
$8,489,482
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1940
Legal Domicile
NC
Principal Officer
ASHLEY LASHER
Phone
8282530701
Tax Period
2023-09-01 to 2024-08-31

JEWISH COMMUNITY CENTER OF ASHEVILLE INC, founded in 1940, is a community nonprofit in the Religion sector that reported $3.2M in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $3.7M exceeded revenue, resulting in a 15% operating deficit.

Mission

OPERATION OF A COMMUNITY CENTER WITH VARIOUS EARLY CHILDHOOD, AQUATICS, YOUTH/TEEN, AND ADULT PROGRAMS.

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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 $734,947
Program Service Revenue $2,355,002
Investment Income $35,315
Other Revenue $59,532
TOTAL REVENUE $3,184,796

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,284,970
Fundraising Expenses $5,300
Program Expenses $2,393,942
Other Expenses $1,392,165
TOTAL EXPENSES $3,677,135

Year-over-Year Comparison

2023 2022 Change
Revenue $3,184,796 $3,872,237 -0.2%
Expenses $3,677,135 $3,763,879 0.0%
Net Income $-492,339 $108,358 -5.5%
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
14
Independent Members
14
Employees
141
Volunteers
45

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
10
$186,028
Total Directors
24
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVE LOVE PRESIDENT 2.00
Officer Director
$0 $0 $0
CAROLYN PEARCE SMALL SECRETARY 2.00
Officer Director
$0 $0 $0
CHERYL MCCORMICK VICE PRES (F 2.00
Officer
$0 $0 $0
CINDY SMITH VICE PRES (F 2.00
Officer Director
$0 $0 $0
DEBBIE ADAMS BOARD MEMBER 1.00
Director
$0 $0 $0
JESSICA BALL BOARD MEMBER 1.00
Officer Director
$0 $0 $0
KATE BRANTLEY BOARD MEMBER 1.00
Director
$0 $0 $0
HENRIETTA CUTLER BOARD MEMBER 1.00
Director
$0 $0 $0
ALAN ESCOVITZ BOARD MEMBER 1.00
Director
$0 $0 $0
RACHEL HINES BOARD MEMBER 1.00
Director
$0 $0 $0
SIMON KARPEN BOARD MEMBER 1.00
Director
$0 $0 $0
JERI KRASSNER BOARD MEMBER 1.00
Director
$0 $0 $0
MIRI MASSACHI BOARD MEMBER 1.00
Director
$0 $0 $0
MARLENE MECHANIC BOARD MEMBER 1.00
Director
$0 $0 $0
KATHLEEN RODBERG BOARD MEMBER 1.00
Director
$0 $0 $0
JONATHAN PEARLSTEIN BOARD MEMBER 1.00
Director
$0 $0 $0
KATY SALOMON BOARD MEMBER 1.00
Director
$0 $0 $0
MARGARET TEICH BOARD MEMBER 1.00
Officer Director
$0 $0 $0
ED TENNEN BOARD MEMBER 1.00
Director
$0 $0 $0
REBECCA WILLMAN BOARD MEMBER 1.00
Director
$0 $0 $0
LEN LEVI VP AT LRG TH 1.00
Officer Director
$0 $0 $0
CAROL WENOM PAST PRES TH 1.00
Officer Director
$0 $0 $0
MATTHEW ABRAMS BRD MEMBER T 1.00
Director
$0 $0 $0
JEFFREY KAPLAN BRD MEMBER T 1.00
Director
$0 $0 $0
JOLENE LALLOUZ BRD MEMBER T 1.00
Director
$0 $0 $0
ASHLEY LASHER EXECUTIVE DI 40.00
Officer
$110,354 $852 $111,206
MARIA GOITIA-ADCOCK FINANCE DIRE 40.00
Officer
$74,205 $617 $74,822
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
2024 $3,184,796 $3,677,135 $9,627,157 $-492,339
2024 $3,184,796 $3,677,135 $9,627,157 $-492,339
2023 $3,872,237 $3,763,879 $10,209,262 $108,358
2022 $3,894,326 $3,327,138 $10,114,000 $567,188
2021 $3,160,853 $2,963,822 $9,980,855 $197,031
2020 $2,303,206 $2,919,051 $9,891,916 $-615,845
2018 $4,439,203 $2,620,998 $9,927,293 $1,818,205
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