ASHEVILLE CITY SCHOOLS FOUNDATION INC

EIN: 581836982 501(c)(3)

ASHEVILLE, NC

Total Revenue
$1,773,658
Total Expenses
$1,378,882
Total Assets
$3,546,308
Net Assets
$3,276,911
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
NC
Principal Officer
COPLAND RUDOLPH
Phone
8283506134
Tax Period
2024-07-01 to 2025-06-30

ASHEVILLE CITY SCHOOLS FOUNDATION INC, founded in 1988, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $395K, a strong 22% operating margin.

Mission

THE MISSION OF THE ASHEVILLE CITY SCHOOLS FOUNDATION (ACSF) IS TO PROMOTE SUCCESS FOR ALL ASHEVILLE CITY SCHOOLS STUDENTS BY ENGAGING & MOBILIZING THE ENTIRE COMMUNITY TO SUPPORT ENRICHING AND INNOVATIVE EDUCATIONAL ACTIVITIES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,476,725
Program Service Revenue $61,608
Investment Income $205,856
Other Revenue $29,469
TOTAL REVENUE $1,773,658

Expense Breakdown

Grants Paid $463,974
Salaries & Benefits $527,322
Fundraising Expenses $59,615
Program Expenses $1,226,520
Other Expenses $387,586
TOTAL EXPENSES $1,378,882

Year-over-Year Comparison

2024 2023 Change
Revenue $1,773,658 $1,333,270 +0.3%
Expenses $1,378,882 $1,218,349 +0.1%
Net Income $394,776 $114,921 +2.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
25
Independent Members
25
Employees
13
Volunteers
N/A

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
$75,000
Total Directors
25
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIMBERLY NAVA EGGETT EXEC TEAM 1.00
Officer Director
$0 $0 $0
JULIE KOENKE EXEC TEAM 1.00
Officer Director
$0 $0 $0
AMIERIS LAVENDER EXEC TEAM 1.00
Officer Director
$0 $0 $0
AMANDA PATTANAYAK EXEC TEAM 1.00
Officer Director
$0 $0 $0
DEBORAH BAILEY BOARD MEMBER 1.00
Director
$0 $0 $0
TRACEY BARRETT BOARD MEMBER 1.00
Director
$0 $0 $0
CARRIE BUCHANAN BOARD MEMBER 1.00
Director
$0 $0 $0
VELENE FAGAN BOARD MEMBER 1.00
Director
$0 $0 $0
DR MAGGIE FEHRMAN BOARD MEMBER 1.00
Director
$0 $0 $0
BELLA GLOVER BOARD MEMBER 1.00
Director
$0 $0 $0
GORDON LINDSEY GRANT BOARD MEMBER 1.00
Director
$0 $0 $0
CAMILLE HUNT BOARD MEMBER 1.00
Director
$0 $0 $0
LYNDI HEWITT BOARD MEMBER 1.00
Director
$0 $0 $0
MARCUS KIRKMAN SR BOARD MEMBER 1.00
Director
$0 $0 $0
MELISSA KLEDIS BOARD MEMBER 1.00
Director
$0 $0 $0
KATHLEEN MAYS BOARD MEMBER 1.00
Director
$0 $0 $0
D TYRELL MCGIRT BOARD MEMBER 1.00
Director
$0 $0 $0
AIDAN O'DONNELL BOARD MEMBER 1.00
Director
$0 $0 $0
JESSE PITT BOARD MEMBER 1.00
Director
$0 $0 $0
TINA DE LOS SANTOS BOARD MEMBER 1.00
Director
$0 $0 $0
ALLISON SCOTT BOARD MEMBER 1.00
Director
$0 $0 $0
JEN RHODE WARD BOARD MEMBER 1.00
Director
$0 $0 $0
LANDON WARD BOARD MEMBER 1.00
Director
$0 $0 $0
JESSE WARREN BOARD MEMBER 1.00
Director
$0 $0 $0
CICI WESTON BOARD MEMBER 1.00
Director
$0 $0 $0
COPLAND RUDOLPH EXECUTIVE DI 40.00
Officer
$75,000 $0 $75,000
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 $1,773,658 $1,378,882 $3,546,308 $394,776
2024 $1,333,270 $1,218,349 $2,996,413 $114,921
2023 $1,340,168 $1,263,212 $2,917,428 $76,956
2022 $779,982 $1,058,968 $2,961,129 $-278,986
2021 $1,825,023 $1,127,845 $3,193,864 $697,178
2020 $1,112,621 $919,053 $2,355,612 $193,568
2019 $987,006 $855,760 $2,216,722 $131,246
2018 $1,062,562 $844,089 $2,145,848 $218,473
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ASHEVILLE CITY SCHOOLS FOUNDATION INC with other nonprofits in North Carolina and across the country.