ASHEVILLE SCHOOL INC Charity Report

Public IRS 990 nonprofit record

ASHEVILLE SCHOOL INC

EIN 56-0530248 · Education (B250)

What they do

to PREPARE OUR STUDENTS for COLLEGE and for LIFE and to PROVIDE AN ATMOSPHERE IN WHICH ALL MEMBERS of A DIVERSE, ENGAGED, and PURPOSEFULLY SMALL SCHOOL COMMUNITY APPRECIATE and STRIVE for EXCELLENCE - AN ATMOSPHERE THAT NURTURES CHARACTER and FOSTERS THE DEVELOPMENT of MIND, BODY, and SPIRIT.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $79.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders26 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

75.82%of revenue went to mission work79.9% of expenses · Program services

5.31%of revenue went to fundraising5.6% of expenses

$94.92spent for every $100 of revenueRevenue covered expenses this year.

13.79%of revenue went to management and office costs14.5% of expenses

$4.58in assets for every $1 spent this yearSome assets cannot be spent right away.

12.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $597,902 for ANTHONY SGRO (HEAD OF SCHOOL). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$28,685,887

Mission workProgram services$21,749,01675.82% of revenue79.9% of expenses

ManagementOffice and general costs$3,956,32713.79% of revenue14.5% of expenses

FundraisingAsking for donations$1,524,4675.31% of revenue5.6% of expenses

Revenue left after expensesReported annual surplus$1,456,0775.08% of revenueShown in gray on the chart

Total expenses$27,229,81094.92% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 79.9% mission · 14.5% management · 5.6% fundraisingTotal expenses: 94.92% of revenue

2023Expense mix: 80.6% mission · 12.9% management · 6.6% fundraisingTotal expenses: 100.50% of revenue

2022Expense mix: 84.5% mission · 9.9% management · 5.6% fundraisingTotal expenses: 103.83% of revenue

2021Expense mix: 75.0% mission · 19.7% management · 5.4% fundraisingTotal expenses: 69.91% of revenue

2020Expense mix: 70.8% mission · 24.0% management · 5.2% fundraisingTotal expenses: 71.25% of revenue

2019Expense mix: 72.4% mission · 20.5% management · 7.1% fundraisingTotal expenses: 71.56% of revenue

2018Expense mix: 71.0% mission · 23.0% management · 6.0% fundraisingTotal expenses: 80.77% of revenue

2017Expense mix: 68.1% mission · 25.2% management · 6.6% fundraisingTotal expenses: 60.97% of revenue

Money in and money out

Revenue$28,685,887

Expenses$27,229,810

Annual surplus $1,456,077 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$21,749,016 · 79.9% of expenses

Management and office costs$3,956,327 · 14.5% of expenses

Fundraising$1,524,467 · 5.6% of expenses

See all reported dollar amounts

Revenue$28,685,887

Expenses$27,229,810

Assets$124,772,092

Income$41,661,684

Contributions$3,665,521

Mission work (program services)$21,749,016

Fundraising$1,524,467

Management and general$3,956,327

Stocks and bonds$65,369,092

Accounting fees$48,650

Investing fees$624,157

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ANTHONY SGROHEAD OF SCHOOL · 50 hrs/week $597,902Base $541,051 · Other $56,851

SCOTT MILLERSCHOOL COUNSELOR · 40 hrs/week $199,114Base $121,083 · Other $78,031

ASHLY MAAGDIRECTOR OF ADVANCEMENT · 40 hrs/week $191,065Base $160,382 · Other $30,683

SHANNON CARMACKASSOCIATE DIR OF ADMISSION · 40 hrs/week $189,292Base $102,980 · Other $86,312

BETH MCWILLIAMSCFOO · 40 hrs/week $187,883Base $137,667 · Other $50,216

JONATHAN SCHWABASSOCIATE HEAD OF SCHOOL · 40 hrs/week $171,968Base $124,373 · Other $47,595

INNES BOLANDASSISTANT HEAD OF SCHOOL · 40 hrs/week $143,545Base $120,232 · Other $23,313

ARCH MONTGOMERYFORMER HEAD OF SCHOOL $141,419

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (26)

ANTHONY SGROHEAD OF SCHOOL

SCOTT MILLERSCHOOL COUNSELOR

ASHLY MAAGDIRECTOR OF ADVANCEMENT

SHANNON CARMACKASSOCIATE DIR OF ADMISSION

BETH MCWILLIAMSCFOO

JONATHAN SCHWABASSOCIATE HEAD OF SCHOOL

INNES BOLANDASSISTANT HEAD OF SCHOOL

ARCH MONTGOMERYFORMER HEAD OF SCHOOL

LARA GLASSCO-VICE CHAIR

THOMAS H SHORESCHAIR

SCOTT E SHEALYCO-VICE CHAIR

CASEY GALLAGHERTRUSTEE

REV DANA CORSELLOTRUSTEE

MORGAN MISCHER WARTHTRUSTEE

MIYA R GRAY TORAINTRUSTEE

MARGARET BRADLEYTRUSTEE

MARCELLUS C PARKERTRUSTEE

DEXTER V PERRYTRUSTEE

JOSH SHORESTRUSTEE

JOS ANTONIO GONZLEZ ANAYATREASURER

ALEX J HAGANTRUSTEE

JEAN GRAHAM KELLERTRUSTEE

HYDE RUSSELLTRUSTEE

GUY DIXONTRUSTEE

GAITHER DEATONTRUSTEE

ELIZABETH P EWINGTRUSTEE

About this charity

Recognized since: January 1946
Location: 360 Asheville School Road, Asheville, NC 28806
County: Buncombe
In care of: Beth McWilliams
Primary officer: Beth McWilliams, CFOO

How to reach them

WebsiteVisit the charity’s website Emailadmissions@ashevilleschool.org Phone(828) 254-6345

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: SMITH & HOWARD ADVISORY LLC
NTEE classification: Education (B250)