The Asheville City Schools Foundation

Organization Overview

The Asheville City Schools Foundation is located in Asheville, NC. The organization was established in 1989. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, Asheville City Schools Foundation employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asheville City Schools Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Asheville City Schools Foundation generated $780.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $1.1m during the year ending 06/2022. While expenses have increased by 3.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

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.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ASHEVILLE CITY SCHOOLS FOUNDATION IMPLEMENTS BOLD STRATEGIES, FUNDS BIG IDEAS, AND MOBILIZES THE COMMUNITY TO INCREASE EXCELLENCE WITH EQUITY FOR STUDENTS IN THE CITY SCHOOLS. WE DO THIS BY MATCHING STRUGGLING STUDENTS WITH VOLUNTEERS, PROVIDING HIGH-QUALITY AFTER SCHOOL PROGRAMMING TO YOUNG TEENS THROUGH IN REAL LIFE (IRL) AT ASHEVILLE MIDDLE, RESOURCING TEACHERS WITH FUNDS AND PROFESSIONAL DEVELOPMENT SO THAT THEY ARE EMPOWERED TO IMPLEMENT NEW, AND MORE EFFECTIVE INSTRUCTIONAL PRACTICES, FUNDING HIGH- QUALITY ARTS-INSTRUCTION THROUGH ARTIST RESIDENCIES, AND AWARDING COLLEGE SCHOLARSHIPS TO GRADUATING SENIORS TO OVERCOME BARRIERS TO POVERTY AND ATTEND HIGHER EDUCATION. ACSF ALSO ADVOCATES FOR HIGH QUALITY PUBLIC EDUCATION BY BUILDING GRASSROOTS SUPPORT FOR WELL-RESOURCED SCHOOLS.


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Board, Officers & Key Employees

Name (title)Compensation
Copland Rudolph
Executive Di
$68,250
Robert Lamb
Treasurer
$0
Darrius Stanley
President
$0
Ile Adaramola
Board Member
$0
Mary Alm
Board Member
$0
Patrick Bahls
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$55,174
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $151,760
All other contributions, gifts, grants, and similar amounts not included above$807,499
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,014,433
Total Program Service Revenue$36,129
Investment income -$271,532
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$720
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $779,982

Grants Recieved

Over the last fiscal year, we have identified 1 grants that The Asheville City Schools Foundation has recieved totaling $3,000.

Awarding OrganizationAmount
Page And George Bradham Family Foundation

Denver, NC

PURPOSE: GENERAL PURPOSE SUPPORT

$3,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$185,969
Earnings$5,822
Admin Expense$1,637
Net Contributions$17,815
Grants$22,000
Ending Balance$185,969

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