Asheville Farmstead School Inc

EIN: 811095543 501(c)(3) Education

Candler, NC

Total Revenue
$310,434
Total Expenses
$283,871
Total Assets
$120,660
Net Assets
$62,976
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
NC
Phone
8287716047
Tax Period
2024-07-01 to 2025-06-30

Asheville Farmstead School Inc, founded in 2016, is a small nonprofit in the Education sector that reported $310K in total revenue in fiscal year 2024. Expenses of $284K left a modest 9% surplus.

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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 (2024)

Revenue Breakdown

Contributions & Grants $36,061
Program Service Revenue $274,373
Investment Income $0
Other Revenue $0
TOTAL REVENUE $310,434

Expense Breakdown

Grants Paid $0
Salaries & Benefits $226,056
Fundraising Expenses $2,410
Program Expenses $240,115
Other Expenses $57,815
TOTAL EXPENSES $283,871

Year-over-Year Comparison

2024 2023 Change
Revenue $310,434 $295,165 +0.1%
Expenses $283,871 $343,859 -0.2%
Net Income $26,563 $-48,694 -1.5%
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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
5
Independent Members
4
Employees
7
Volunteers
20

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
$0
Total Directors
6
$48,500
Key Employees
1
$48,500
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brad Brown Chair 0.50
Officer Director
$0 $0 $0
Jenny LaForrest Secretary 0.50
Officer Director
$0 $0 $0
Lauren Roddick-Brown Executive Director 60.00
Director Key Emp
$48,500 $0 $48,500
Charlie Williams Board Member 0.50
Officer Director
$0 $0 $0
Frank Townsend Board Member 0.50
Officer Director
$0 $0 $0
Ashley Parks Board Member 0.50
Officer 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 $310,434 $283,871 $120,660 $26,563
2024 $295,165 $343,859 $99,743 $-48,694
2023 $326,263 $363,941 $98,911 $-37,678
2022 $294,824 $302,591 $133,550 $-7,767
2021 $251,578 $150,405 $133,805 $101,173
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