The Asheville City Schools Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 551,907 | 465,300 | 86,607 | 26.2 | 15% |
| 2012 | 679,099 | 534,984 | 144,115 | 26.0 | 11% |
| 2013 | 699,217 | 637,787 | 61,430 | 23.0 | 14% |
| 2014 | 910,082 | 776,685 | 133,397 | 20.9 | 10% |
| 2015 | 1,104,396 | 847,168 | 257,228 | 22.8 | 12% |
| 2016 | 698,900 | 843,943 | −145,043 | 20.9 | 11% |
| 2017 | 1,039,680 | 775,867 | 263,813 | 26.8 | 12% |
| 2018 | 1,062,562 | 844,089 | 218,473 | 27.7 | 11% |
| 2019 | 987,006 | 855,760 | 131,246 | 29.1 | 11% |
| 2020 | 1,112,621 | 919,053 | 193,568 | 29.7 | 33% |
| 2021 | 1,825,023 | 1,127,845 | 697,178 | 31.6 | 31% |
| 2022 | 779,982 | 1,058,968 | −278,986 | 30.5 | 30% |
| 2023 | 1,340,168 | 1,263,212 | 76,956 | 26.3 | 30% |
In its most recent public year (2023), this organization brought in $76,956 more than it spent. Its reserves stood at about 26.3 months of spending. Staff pay was 30% of spending. $2,593,077 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
The Asheville City Schools Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works