Asheville Christian Academy Inc

Organization Overview

Asheville Christian Academy Inc is located in Swannanoa, NC. The organization was established in 1968. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Asheville Christian Academy Inc employed 194 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asheville Christian Academy Inc 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 06/2021, Asheville Christian Academy Inc generated $11.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $9.9m during the year ending 06/2021. While expenses have increased by 6.9% per year over the past 6 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

OPERATION OF PRIVATE SCHOOL

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE INSTRUCTION AND EDUCATIONAL ACTIVITIES FOR STUDENTS FROM PRESCHOOL TO 12TH GRADE.


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Board, Officers & Key Employees

Name (title)Compensation
William George
Ceo/head Of School
$165,220
William Putnam
CFO
$69,820
Nathan Renfro
Treasurer
$0
Ken Condra
Secretary
$0
Matthew Putnam
Board Chairperson
$0
Julie Wallace
Vice Chair
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
H & M Contractors
Building Constr
$685,707
Redefine Maintenance Llc
Maintenance
$141,369
Us Foods
Food
$141,001
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$23,500
Related organizations$0
Government grants $983,735
All other contributions, gifts, grants, and similar amounts not included above$2,666,942
Noncash contributions included in lines 1a–1f $18,029
Total Revenue from Contributions, Gifts, Grants & Similar$3,674,177
Total Program Service Revenue$7,640,500
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $23,596
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $13,510
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $11,567,824

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Asheville Christian Academy Inc has recieved totaling $1,200,310.

Awarding OrganizationAmount
$1,180,000
The Community Foundation Of Western North Carolina Inc

Asheville, NC

PURPOSE: IMPROVING EDUCATIONAL OPPORTUNITIES

$20,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$310
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$287,417
Earnings$30,930
Admin Expense$3,027
Net Contributions$2,725
Ending Balance$318,045

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