2021-01-25T13:53:52-06:00 2020-06-30 561391615 CRAWLEY LEE & COMPANY PA PO BOX 5595 ASHEVILLE NC 288135595 990 2019-07-01 560530248 ASHEVILLE SCHOOL INC ASHE 8282546345 360 ASHEVILLE SCHOOL ROAD ASHEVILLE NC 28806 ROBERT MCARTHUR ASSISTANT TREASURER 8282546345 2021-01-20 true JAMES A LEE CPA P00548231 8282745524 2021-01-20 2019 2022-09-23 18:48:47Z DR ANTHONY H SGRO 360 ASHEVILLE SCHOOL ROAD ASHEVILLE NC 28806 86411463 false X WWW.ASHEVILLESCHOOL.ORG X 1900 NC 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. 19 19 136 75 0 3950756 2493734 15556160 16131095 3011602 7017769 187969 413917 22706487 26056515 2680585 2868610 0 8978212 9218933 0 1319685 6680608 6558948 18339405 18646491 4367082 7410024 96169776 96778586 9718703 9819613 86451073 86958973 X 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. false false 13496848 2868610 16131095 ASHEVILLE SCHOOL INCORPORATED IS A COLLEGE PREPARATORY SCHOOL FOR STUDENTS IN GRADES NINE THROUGH TWELVE. STUDENTS REPRESENT SIXTEEN U.S. STATES AND FIFTEEN FOREIGN COUNTRIES. TWENTY-NINE PERCENT OF STUDENTS RECEIVE FINANCIAL AID FROM THE SCHOOL. ONE HUNDRED PERCENT OF STUDENTS IN THE CLASS OF 2020 ARE ATTENDING COLLEGE AFTER GRADUATION. 13496848 true true false false false false false false true true true false false false true true true false true false true false true false false false false false true true true false false false false false false false false true false true false false false false false false false false true 44 0 true 136 true false false false false false false false false false false false false false false X 19 19 false false false false false false false true true false false true true true true true true true false false X X ROBERT MCARTHUR 8282546345 360 ASHEVILLE SCHOOL ROAD ASHEVILLE NC 28806 WALTER G COX JR CHAIR 4.00 X X 0 0 0 DR GREGORY K MORRIS CO-VICE CHAI 1.00 X X 0 0 0 MARSHALL T BASSETT TREASURER 1.00 X X 0 0 0 HAYWOOD COCHRANE TRUSTEE 1.00 X 0 0 0 THOMAS E CONE TRUSTEE 1.00 X 0 0 0 ELISABETH P EWING TRUSTEE 1.00 X 0 0 0 DR JOSE' A GONZALEZ TRUSTEE 1.00 X 0 0 0 MARY ROBINSON HERVIG TRUSTEE 1.00 X 0 0 0 ELIZABETH KLUMP TRUSTEE 1.00 X 0 0 0 JANET LEY TRUSTEE 1.00 X 0 0 0 NISHANT N MEHTA TRUSTEE 1.00 X 0 0 0 ARCHIBALD MONTGOMERY SECRETARY 25.00 X 213331 0 103469 J ALLEN NIVENS JR EX-OFFICIO A 1.00 X 0 0 0 LARA NOLLETTI TRUSTEE 1.00 X 0 0 0 OLIVER G PRINCE JR TRUSTEE 1.00 X 0 0 0 ARTHUR H ROGERS III TRUSTEE 1.00 X 0 0 0 THOMAS H SHORES JR TRUSTEE 1.00 X 0 0 0 DAVID M STOVER TRUSTEE 1.00 X 0 0 0 MORGAN MISHNER WARTH TRUSTEE 1.00 X 0 0 0 JOHN W WILLINGHAM TRUSTEE 1.00 X 0 0 0 JACK BONNER ASSOC HEAD O 50.00 X 144891 0 25410 ROBERT MCARTHUR ASSISTANT TR 50.00 X 184753 0 29393 SCOTT MILLER COUNSELOR 50.00 X 100159 0 26189 DEBRA ALY ASSISTANT SE 40.00 X 74730 0 14645 LEIGH RUHL ASST. HEAD O 50.00 X 155862 0 18418 DR ANTHONY H SGRO SECRETARY 50.00 X 326924 0 27774 1200650 245298 6 false true false ARAMARK CORP 131 S DEARBORN 6TH FLOOR CHICAGO IL 60603 FOOD SERVICE 633820 SAGE DINING 1402 YORK ROAD LUTHERVILLE MD 21093 FOOD SERVICE 572831 ACS BENEFITS SERVICES INC PO BOX 2000 WINSTONSALEM NC 27102 BENEFIT ADMIN 278589 H & M CONSTRUCTORS PO BOX 16589 ASHEVILLE NC 28816 CONSTRUCTION 260591 SERVICE MASTER PROFESSIONAL BLDG PO BOX 600 CANDLER NC 28715 CLEANING 229855 5 2493734 229014 2493734 TUITION AND FEES 611710 16131095 16131095 16131095 811230 811230 110772 110772 110772 110772 66477750 32850 60292926 11135 6184824 21715 6206539 21715 6184824 67089 50887 16202 16202 OTHER 611710 286943 286943 286943 26056515 324860 23237921 2722450 2722450 146160 146160 721960 578011 143949 6196650 4270899 1294449 631302 550768 394182 116759 39827 1257779 827049 368799 61931 491776 308196 130173 53407 18434 18434 49579 49579 816394 634438 101622 80334 168242 151908 16334 132107 37414 71498 23195 273444 273444 748181 672479 37851 37851 266094 148185 72911 44998 38817 30562 6116 2139 117259 117259 1681459 1561199 73536 46724 176623 149122 16560 10941 MEALS AND ENTERTAINMENT 1005866 909043 33466 63357 SUPPLIES 557373 413034 111518 32821 SUMMER SCHOOL EXPENSES-OT 238642 238642 DUES MEMBERSHIPS SUBSCRIP 182164 33111 119547 29506 88270 683 86518 1069 18646491 13496848 3829958 1319685 2500 1250 10144227 13852100 4403141 2625826 366427 159391 47824 52591 284138 278111 49925785 25395590 24450265 24530195 54716821 53797917 69989 60958 1684444 1420247 96169776 96778586 902095 1143019 3191882 2361715 4730000 4180000 16711 15844 1855650 614541 263474 263385 9718703 9819613 X 38337887 40148248 48113186 46810725 86451073 86958973 96169776 96778586 X 7410024 -6848399 -53725 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 55189838 423481 -15481 679509 -1507672 53410657 52339711 957846 4219387 676399 -1650707 55189838 52759607 3028824 1293667 -703848 -4038539 52339711 49189496 1568840 3753409 -696560 -1055578 52759607 49208537 1279846 2396728 -662743 -3032872 49189496 0.20000 0.69000 0.11000 true false 332421 332421 43188267 20672247 22516020 4960286 3766421 1193865 1444811 956922 487889 24530195 ANNUITY PAYABLE 169825 LEASE OBLIGATION 93560 263385 X 16047139 -6848399 -6848399 22895538 3160977 3160977 26056515 15539239 15539239 3107252 3107252 18646491 SCHEDULE D, PAGE 2, PART IV, LINE 2B FUNDS HELD FOR STUDENTS SCHEDULE D, PAGE 2, PART V, LINE 4 THE SCHOOL'S ENDOWMENT FUNDS ARE USED TO SUPPLEMENT INSTRUCTIONAL AND FINANCIAL AID EXPENSES. SCHEDULE D, PAGE 3, PART X THE SCHOOL'S POLICY IS TO EVALUATE ALL TAX POSITIONS AND TO CONSULT WITH EXPERTS TO IDENTIFY THOSE THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS WILL BE ASSESSED AND MEASURED BY A REASONABLY POSSIBLE THRESHOLD TO DETERMINE IF THE BENEFIT OF AN UNCERTAIN TAX POSITION SHOULD BE RECOGNIZED IN THE PERIOD THE CHANGE OCCURS. THE SCHOOL'S FEDERAL RETURNS OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR 2019, 2018, AND 2017 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. SCHEDULE D, PAGE 4, PART XI, LINE 4B SUMMER OPERATIONS EXPENSE NETTED ON FINANCIAL STATEMENT 238,642 CHANGE IN SPLIT INTEREST AGREEMENTS 53,725 FINANCIAL AID INCLUDED ON STATEMENT OF FUNCTIONAL EXPENSES 2,868,610 SCHEDULE D, PAGE 4, PART XII, LINE 2D BOOK / TAX DEPRECIATION DIFFERENCE 406 SCHEDULE D, PAGE 4, PART XII, LINE 4B SUMMER OPERATIONS EXPENSES NETTED ON FINANCIAL STATEMENT 238,642 FINANCIAL AID INCLUDED ON STATEMENT OF FUNCTIONAL EXPENSES 2,868,610 true true true true true true true false false false false false false false false false false true SCHEDULE E, LINE 3 ADS IN NEWSPAPER AND IN SCHOOL LITERATURE false SCHOLARSHIPS/FINANCIAL AI NORTH AMERICA - MEXICO 1 27000 FINANCIAL AID BOOK SCHOLARSHIPS/FINANCIAL AI CENTRAL AMERICA & THE CARIBBEAN 2 31300 FINANCIAL AID BOOK SCHOLARSHIPS/FINANCIAL AI MIDDLE EAST N. AFRICA 4 46000 FINANCIAL AID BOOK SCHOLARSHIPS/FINANCIAL AI EUROPE 1 20525 FINANCIAL AID BOOK SCHOLARSHIPS/FINANCIAL AI EAST ASIA 1 9775 FINANCIAL AID BOOK SCHOLARSHIPS/FINANCIAL AI SUB-SAHARAN AFRICA 1 11560 FINANCIAL AID BOOK false false false false true false true SCHOLARSHIPS/FINANCIAL AI 87 2722450 N/A N/A SCHEDULE I, PAGE 1, PART I, LINE 2 ASHEVILLE SCHOOL TRACKS DISTRIBUTIONS FROM THE FUNDS THAT ARE SPECIFICALLY RESTRICTED FOR A DESIGNATED PURPOSE AND COMPARES IT TO FUNDS AWARDED TO STUDENTS TO ENSURE THERE ARE NO VIOLATIONS OF DONOR INTENT. A SPREADSHEET IS ALSO KEPT DETAILING EACH STUDENT TO RECEIVE A SCHOLARSHIP, ALONG WITH GRADE AND AMOUNT AWARDED. X X true true X X X X X false true false false false false false false false ARCHIBALD MONTGOMERY SECRETARY 213331 100000 4085 316800 JACK BONNER ASSOC HEAD OF SCHOOL 144891 15025 11332 170301 ROBERT MCARTHUR ASSISTANT TREASURER 184753 19100 11339 214146 LEIGH RUHL ASST. HEAD OF SCHOOL 155862 8125 10890 174280 DR ANTHONY H SGRO SECRETARY 326924 16192 12049 354698 SCHEDULE J, PAGE 1, PART I, LINE 4 ARCHIBALD MONTGOMERY 0 100,000 0 A NC CAPITAL FACILITIES FINANCE AGENC 561592154 2014-10-16 7185000 CAPITAL EXPENDITURES true false false A 550000 7185000 112885 7072115 2004 true false true true A false false false false true false false A false false false false false false false false false A false PURPOSE OF ISSUE DESCRIPTION NC CAPITAL FACILITIES FINANCE AGENCY CAPITAL EXPENDITURES MARGARET RUCH FRELINGHUYSEN PART V 42850 WAGES false SUNTRUST BANK PART V 5089 PROFESSIONAL FEES false CAROLINA BIOLOGICAL SUPPLY CO PART V 2737 INSTRUCTION EXPENSE false SCHEDULE L, PART V PART IV, LINE (1), COLUMN (B): MARGARET RUCH FRELINGHUYSEN IS THE DAUGHTER OF TREY RUCH. MR. RUCH IS A PAST BOARD MEMBER AND CURRENLTY SERVES ON THE INVESTMENT COMMITTEE. PART IV, LINE (2), COLUMN (B): ANN CRAVER IS THE CO-VICE CHAIR OF THE BOARD OF DIRECTORS. HER SPOUSE IS ON THE REGIONAL BOARD OF DIRECTORS OF SUNTRUST BANK. PART IV, LINE (3), COLUMN (B): ARTHUR ROGERS IS ON THE BOARD OF TRUSTEES. HIS WIFE IS ON THE BOARD OF DIRECTORS OF CAROLINA BIOLOGICAL SUPPLY CO. X 10 216854 X 1 12160 false true false FORM 990 - ORGANIZATION'S MISSION 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. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS PREPARED BY INDEPENDENT ACCOUNTANTS, REVIEWED BY THE AUDIT COMMITTEE, AND THEN REVIEWED BY THE ENTIRE BOARD OF TRUSTEES PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C IN THE EVENT THERE SHOULD ARISE AN ACTUAL OR POTENTIAL CONFLICT BETWEEN THE INTEREST OF THE SCHOOL AND THE INTEREST OF THE TRUSTEE OR MEMBER OF THE ADMINISTRATION, THEN THE TRUSTEE OR MEMBER OF THE ADMINISTRATION INVOLVED MUST DISCLOSE THE EXISTENCE OF THE CONFLICT OR POSSIBLE CONFLICT TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES AND TO THE HEAD OF SCHOOL. FORM 990, PAGE 6, PART VI, LINE 15A THE HEAD OF SCHOOL'S COMPENSATION IS SET BY THE BOARD'S COMPENSATION COMMITTEE WITH COMPARABILITY DATA INCLUDING BENCHMARK DATA FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS), THE DATA REPORTED IN SIMILAR SCHOOLS' FORM 990'S, AND SEARCH CONSULTANT'S FEEDBACK. COMPENSATION OF OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE HEAD OF SCHOOL WHO USES BENCHMARK DATA FROM THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS) AND OTHER SIMILAR SCHOOLS' FORM 990'S, AND SALARY SURVEY DATA FOUND ON VARIOUS SALARY WEBSITES. FORM 990, PAGE 6, PART VI, LINE 19 THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC VIA THE OFFICE OF THE ASSISTANT HEAD OF SCHOOL FOR OPERATIONS. A PUBLIC INSPECTION COPY OF FORM 990 IS ALSO AVAILABE AT GUIDESTAR.ORG. FORM 990, PART XI, LINE 9 SUMMER OPERATIONS NETTED IN REVENUES ON FINANCIAL 72,000 FINANCIAL AID INCLUDED ON STMT OF FUNCTIONAL EXPEN 2,868,610 FINANCIAL AID INCLUDED ON STATEMENT OF FUNCTIONAL -2,868,610 CHANGE IN SPLIT INTEREST AGREEMENTS -53,725 SUMMER OPERATIONS NETTED IN REVENUES ON FINANCIAL -72,000 TOTAL -53,725