Asheboro, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ASHEBORO CITY SCHOOLS EDUCATION FOUNDATION, founded in 1991, is a micro nonprofit in the Education sector that reported $95K in total revenue in fiscal year 2023. Revenue fell 62% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $42K, a strong 44% operating margin.
To award scholarships to seniors graduating from Asheboro High School and attending institutions of higher learning. Also to provide a conduit for public donations that are intended to be paid to Asheboro City Schools for upgrades of facilities and supplementation of educational programs.
The Asheboro City Schools Education Foundation receives monetary donations from the public and uses them to award scholarships to seniors from Asheboro High School who are attending institutions of...
The Asheboro City Schools Education Foundation receives monetary donations from the public and uses them to award scholarships to seniors from Asheboro High School who are attending institutions of higher learning upon graduation. For the year ending June 30, 2024, the Asheboro City Schools Education Foundation awarded scholarships to 30 seniors (paid directly to their respective institutions of higher learning) totaling $32,500.
The Asheboro City Schools Education Foundation accepted several donations that were intended to be used for impoverished students' field trip expenses. Specifically, there were five donations (one...
The Asheboro City Schools Education Foundation accepted several donations that were intended to be used for impoverished students' field trip expenses. Specifically, there were five donations (one donation in the amount of $2,400, three in the amount of $600, and one in the amount of $350) that were given to pay the field trip costs for 7.5 8th grade students at South Asheboro Middle School to attend a field trip to Washington D.C.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $94,776 | $251,574 | -0.6% |
| Expenses | $53,241 | $83,628 | -0.4% |
| Net Income | $41,535 | $167,946 | -0.8% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Sandra Spivey | Vice President | 0.5 |
Officer
|
$0 | $9 | $9 |
| Carla Freemyer | Member at Large | 2 |
Director
|
$0 | $0 | $0 |
| Carle Hall | Member at Large | 0.25 |
Director
|
$0 | $0 | $0 |
| Sam Ramsey | Member at Large | 0.25 |
Director
|
$0 | $0 | $0 |
| Janice Kite | Member at Large | 0.25 |
Director
|
$0 | $0 | $0 |
| Kathryn Lail | Member at Large | 0.25 |
Director
|
$0 | $0 | $0 |
| Aaron Woody | President | 0.25 |
Officer
|
$0 | $0 | $0 |
| Kristen Wright | Treasurer | 3 |
Officer
|
$0 | $0 | $0 |
| Mikayla Smith | Secretary | 1 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $94,776 | $53,241 | $986,347 | $41,535 |
| 2023 | $251,574 | $83,628 | $878,983 | $167,946 |
| 2022 | $70,492 | $36,356 | $655,638 | $34,136 |
| 2021 | $94,932 | $35,172 | $690,325 | $59,760 |
Compare ASHEBORO CITY SCHOOLS EDUCATION FOUNDATION with other nonprofits in North Carolina and across the country.