Civic Intelligence

Asheville-Buncombe Technical Community College Foundation Inc.

990 • Fiscal year 2018 • EIN 56-1993458

Jul 01, 2017 to Jun 30, 2018 • Filed on Mar 01, 2019

340 Victoria RoadAsheville, NC 28801

(828) 398-7176

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

6th percentile

0.00x

Higher debt load relative to assets than 6% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

9th percentile

0.01x

Higher debt load relative to revenue than 9% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Source year 2018

Net Margin

84th percentile

26%

Higher net margin than 84% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

24th percentile

$84,239

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 6.6% of source-year revenue.

2018 filings • NTEE B • $10M-$25M nonprofits • Source year 2018

Asset Growth

59th percentile

5.8%

Faster asset growth than 59% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

85th percentile

38%

Faster revenue growth than 85% of similar nonprofits.

2018 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$14,494,878

Up $792,390 (+5.8%) from 2017

Net Assets

Up

$14,486,136

Up $794,325 (+5.8%) from 2017

Liabilities

Down

$8,742

Down $1,935 (-18%) from 2017

Revenue

Up

$1,267,366

Up $351,776 (+38%) from 2017

Expenses

Up

$933,658

Up $87,284 (+10%) from 2017

Net Income

Up

$333,708

Up $264,492 (+382%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2010: $6,771,129Liabilities 2010: $29,043Net Assets 2010: $6,742,0862010Assets 2011: $7,730,240Liabilities 2011: $52,872Net Assets 2011: $7,677,3682011Assets 2012: $7,673,896Liabilities 2012: $36,246Net Assets 2012: $7,637,6502012Assets 2013: $13,403,343Liabilities 2013: $50,499Net Assets 2013: $13,352,8442013Assets 2014: $14,024,526Liabilities 2014: $9,712Net Assets 2014: $14,014,8142014Assets 2015: $13,997,520Liabilities 2015: $18,087Net Assets 2015: $13,979,4332015Assets 2016: $13,108,609Liabilities 2016: $9,394Net Assets 2016: $13,099,2152016Assets 2017: $13,702,488Liabilities 2017: $10,677Net Assets 2017: $13,691,8112017Assets 2018: $14,494,878Liabilities 2018: $8,742Net Assets 2018: $14,486,1362018Assets 2019: $14,259,913Liabilities 2019: $5,378Net Assets 2019: $14,254,5352019Assets 2020: $13,869,810Liabilities 2020: $245,991Net Assets 2020: $13,623,8192020Assets 2021: $16,190,574Liabilities 2021: $83,464Net Assets 2021: $16,107,1102021Assets 2022: $15,076,753Liabilities 2022: $29,171Net Assets 2022: $15,047,5822022Assets 2023: $15,990,740Liabilities 2023: $19,520Net Assets 2023: $15,971,2202023Assets 2024: $16,173,132Liabilities 2024: $39,870Net Assets 2024: $16,133,2622024

Highlighted filing

2018

Assets$14,494,878
Liabilities$8,742
Net Assets$14,486,136

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $758,8752010Expenses 2011: $708,9772011Expenses 2012: $948,3052012Revenue 2013: $6,032,311Expenses 2013: $860,872Net Income 2013: $5,171,4392013Revenue 2014: $747,617Expenses 2014: $891,406Net Income 2014: -$143,7892014Revenue 2015: $915,344Expenses 2015: $963,435Net Income 2015: -$48,0912015Revenue 2016: $1,192,275Expenses 2016: $1,806,301Net Income 2016: -$614,0262016Revenue 2017: $915,590Expenses 2017: $846,374Net Income 2017: $69,2162017Revenue 2018: $1,267,366Expenses 2018: $933,658Net Income 2018: $333,7082018Revenue 2019: $1,297,775Expenses 2019: $1,513,512Net Income 2019: -$215,7372019Revenue 2020: $1,120,459Expenses 2020: $1,652,200Net Income 2020: -$531,7412020Revenue 2021: $1,934,731Expenses 2021: $1,252,239Net Income 2021: $682,4922021Revenue 2022: $1,977,639Expenses 2022: $1,241,022Net Income 2022: $736,6172022Revenue 2023: $1,985,844Expenses 2023: $1,758,870Net Income 2023: $226,9742023Revenue 2024: $2,484,300Expenses 2024: $2,406,286Net Income 2024: $78,0142024

Highlighted filing

2018

Revenue$1,267,366
Expenses$933,658
Net Income$333,708
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Mar 1, 2019
Return Version
2017v2.3
Gross Receipts
$1,314,132
Mission and Program Overview

Mission

The mission of the foundation is to support asheville-buncombe technical community college in all of its programs and activities to ensure that quality educational opportunities are available to its students, faculty and staff.

The mission of the foundation is to support asheville-buncombe technical community college ("a-b tech") in all of its programs and activities to ensure that quality educational opportunities are available to its students, faculty and staff.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$5,751,511$6,422,147▲ $670,636
Savings and Temporary Cash Investments$2,720,013$3,425,702▲ $705,689
Pledges and Grants Receivable$3,661,421$2,829,681▼ $831,740
Cash and Non-Interest-Bearing Accounts$60,641$15,895▼ $44,746
Total Assets$13,702,488$14,494,878▲ $792,390
Other Assets Total$1,508,902$1,801,453▲ $292,551
Liabilities
Escrow Account Liability$8,367$8,309▼ $58
Accounts Payable and Accrued Expenses$2,310$433▼ $1,877
Total Liabilities$10,677$8,742▼ $1,935
Net Assets / Fund Balance
Temporarily Rstr Net Assets$9,533,422$10,109,370▲ $575,948
Permanently Rstr Net Assets$3,711,375$3,834,475▲ $123,100
Unrestricted Net Assets$447,014$542,291▲ $95,277
Total Net Assets Fund Balance$13,691,811$14,486,136▲ $794,325
Total Liabilities and Net Assets / Fund Balance$13,702,488$14,494,878▲ $792,390

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$12,552--
Other Securities$6,422,147--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$5,799,573$591,255▲ $370,636-$6,615,164
2017$5,154,309$88,074▲ $706,498-$5,799,573
2016$4,976,099$350,735▼ $147,595-$5,154,309
2015$4,357,541$582,370▲ $59,182-$4,976,099
2014$3,746,517$50,000▲ $585,750-$4,357,541
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Amanda EdwardsExecutive DirectorFT$74,454$9,785$84,239

Board Members and Trustees

NameTitle
Sheila ElingburgChair
Dennis KingAb-tech College President
Pat CarverVice Chair
Adam CharnackBoard Member
Allan GersonBoard Member
Ann SkoglundBoard Member
Bill MurdockBoard Member
Charles FrederickBoard Member
Chris YoungBoard Member
Darryl HartBoard Member
Gary PfeifferBoard Member
Jack FergusonBoard Member
Joe BrumitBoard Member
John EllisBoard Member
John OswaldBoard Member
Jonathan SzucsBoard Member
K Ray BaileyBoard Member
Larry SchulhofBoard Member
Marcus CoxBoard Member
Mary Ann RiceBoard Member
Michael KryzanekBoard Member
Michael MeguiarBoard Member
O'NEAL SHELTONBoard Member
Pat WoodBoard Member
Ray SpellsBoard Member
Richard HurleyBoard Member
Ron StortoBoard Member
Sandra ByrdBoard Member
Shea ClineBoard Member
Steven SizemoreBoard Member
Tate GroomeBoard Member
Thomas MaherBoard Member
Dirk WilmothCFO of Ab-tech College
Revenue and Support

Revenue Composition

Contributions and Grants
$947,619
Program Service Revenue
$0
Investment Income
$266,108
Other Revenue
$53,639
All Other Contributions
$902,656
Change in Net Assets
$333,708

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$56,011Fair Market Value (FMV)
Other Non Cash Contri Table2$12,463Fair Market Value (FMV)
Total Noncash Contributions4$68,474-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,227,499
Revenue Not Reported on Financial Statements
$39,867
Revenue Not Reported on Form 990
$703,070
Total Revenue per Audited Statements
$1,930,569
Total Revenue per Form 990
$1,267,366
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$735,329
Other Expenses$198,329
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$586,476--$586,476
Grants to Domestic Orgs$148,853--$148,853
Fees for Service Investment Mgmnt Fees-$39,867-$39,867
Fees for Services Accounting-$16,020-$16,020
Information Technology-$5,926-$5,926
Conferences and Meetings$1,711$3,739-$5,450
Office Expenses$1,775$2,521-$4,296
Other Expenses$1,986$2,114-$4,100
Travel$2,376$581-$2,957
Advertising-$1,000-$1,000
Fees for Services Other-$500-$500
Total Functional Expenses$861,390$72,268$0$933,658

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,136,244
Total Expenses per Form 990$933,658
Expenses per Audited Statements$893,791
Expenses Not Reported on Form 990$242,453
Expenses Not Reported on Financial Statements$39,867
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
A-b Tech Community CollegeAsheville, NC170(c)(1)Operational Support and Assistance-
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$90,750
Fundraising Direct Expenses$46,766
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Autumn in Asheville$79,405$51,125$5,385$45,740
Golf Tournament$49,058$32,375$4,233$28,142
Total Events$135,713$90,750$46,766$43,984
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
Yes
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The 990 draft is reviewed by the foundation finance and executive committees before it is presented to the full board for approval.

Form 990, Part VI, Section B, Line 12C

New and reappointed board members are required to attend a board of directors orientation session upon appointment/reappointment. During the session, board members fill out a conflict of interest disclosure statement stating their name, employer, position, and affiliated organizations. Directors with a conflict shall disclose the conflict at the meeting and refrain from voting on the matter related to the conflict.

Form 990, Part VI, Section B, Line 15

Foundation employees are considered employees of asheville-buncombe technical community college. The college pays the salaries of foundation employees. As such, the college handles compensation setting under its compensation policy.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and financial statements are available upon request.

FORM 990, PART VII:

Compensation reported in part vii for amanda edwards is paid by the college. Since the amounts paid were for services to the foundation and the college does not meet the irs definition of related organization, the amounts have been reported as if they were paid by the foundation in accordance with the form 990 instructions.

Filing and Contact Details

Filer

Filer Name
Asheville-buncombe Technical Community
EIN
56-1993458
Phone
8283987176
Address
340 VICTORIA ROAD, ASHEVILLE, NC 28801

Signing Officer

Name
Dirk Wilmoth
Title
VP of Business & Finance/CFO
Phone
8283987176
Signed
2019-03-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amanda Edwards
Formed
1996
Legal Domicile
Nc
Voting Board Members
30
Independent Board Members
30
Employees
0
Volunteers
134

Preparer

Firm
Cherry Bekaert Llp
Address
1111 METROPOLITAN AVE STE 900, CHARLOTTE, NC 28204
Preparer
Amanda Adams
Phone
7043771678
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in value - charitable remainder trusts 272,384.

Financial Statement Notes

PART IV, LINE 2B:

The organization holds various funds for others.

PART V, LINE 4:

The foundation's endowment consists of approximately 75 individual donor-restricted funds established for a variety of purposes.

PART X, LINE 2:

The foundation is exempt from federal income taxes under section 501(c)(3) of the irc. Exempt organizations, however, may be subject to income tax on unrelated business income. The foundation had minimal income from unrelated business activities in 2018 and 2017 and was, therefore, not required to file federal form 990-t (exempt organization business income tax return). The foundation believes that it has appropriate support for all tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Change in value - charitable remainder trusts 272,384. Special event expenses reported net of special event revenue 46,766.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Special event expenses reported net of special event revenue 46,766.

Raw XML AppendixShowing 400 of 782 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02310
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0433
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE MISSION OF THE FOUNDATION IS TO SUPPORT ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE ("A-B TECH") IN ALL OF ITS PROGRAMS AND ACTIVITIES TO ENSURE THAT QUALITY EDUCATIONAL OPPORTUNITIES ARE AVAILABLE TO ITS STUDENTS, FACULTY AND STAFF.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01000
IRS990/AdvertisingGrp/TotalAmt01000
IRS990/AllOtherContributionsAmt0902656
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0GRETCHEN CAMP
IRS990/BooksInCareOfDetail/PhoneNum08283987278
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0340 VICTORIA ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0ASHEVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028801
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt060641
IRS990/CashNonInterestBearingGrp/EOYAmt015895
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd01
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt03739
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01711
IRS990/ConferencesMeetingsGrp/TotalAmt05450
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContriRptFundraisingEventAmt044963
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0947619
IRS990/CYGrantsAndSimilarPaidAmt0735329
IRS990/CYInvestmentIncomeAmt0266108
IRS990/CYOtherExpensesAmt0198329
IRS990/CYOtherRevenueAmt053639
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0333708
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0933658
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01267366
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE FOUNDATION AWARDED CURRICULUM AND CONTINUING EDUCATION SCHOLARSHIPS IN ORDER TO MEET THE INCREASING FINANCIAL NEED OF A-B TECH COMMUNITY COLLEGE STUDENTS. THE FOUNDATION ALSO ADMINISTERED A VARIETY OF GRANT-FUNDED PROJECTS ON BEHALF OF A-B TECH COMMUNITY COLLEGE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt08367
IRS990/EscrowAccountLiabilityGrp/EOYAmt08309
IRS990/ExpenseAmt0789985
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt016020
IRS990/FeesForServicesAccountingGrp/TotalAmt016020
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0500
IRS990/FeesForServicesOtherGrp/TotalAmt0500
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt039867
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt039867
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt181.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt191.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt201.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt211.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt221.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt231.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt241.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt251.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt261.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt271.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt281.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt291.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt301.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt311.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt321.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3340.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd22X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd23X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd24X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd25X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd26X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd27X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd28X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd29X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd30X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd31X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd32X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt250
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt260
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt270
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt280
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt290
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt300
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt310
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt320
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt339669
IRS990/Form990PartVIISectionAGrp/PersonNm0SHEILA ELINGBURG
IRS990/Form990PartVIISectionAGrp/PersonNm1PAT CARVER
IRS990/Form990PartVIISectionAGrp/PersonNm2DENNIS KING
IRS990/Form990PartVIISectionAGrp/PersonNm3DIRK WILMOTH
IRS990/Form990PartVIISectionAGrp/PersonNm4K RAY BAILEY
IRS990/Form990PartVIISectionAGrp/PersonNm5JOE BRUMIT
IRS990/Form990PartVIISectionAGrp/PersonNm6SANDRA BYRD
IRS990/Form990PartVIISectionAGrp/PersonNm7ADAM CHARNACK
IRS990/Form990PartVIISectionAGrp/PersonNm8SHEA CLINE
IRS990/Form990PartVIISectionAGrp/PersonNm9MARCUS COX
IRS990/Form990PartVIISectionAGrp/PersonNm10JOHN ELLIS
IRS990/Form990PartVIISectionAGrp/PersonNm11JACK FERGUSON
IRS990/Form990PartVIISectionAGrp/PersonNm12CHARLES FREDERICK
IRS990/Form990PartVIISectionAGrp/PersonNm13ALLAN GERSON
IRS990/Form990PartVIISectionAGrp/PersonNm14TATE GROOME
IRS990/Form990PartVIISectionAGrp/PersonNm15DARRYL HART
IRS990/Form990PartVIISectionAGrp/PersonNm16RICHARD HURLEY
IRS990/Form990PartVIISectionAGrp/PersonNm17MICHAEL KRYZANEK
IRS990/Form990PartVIISectionAGrp/PersonNm18THOMAS MAHER
IRS990/Form990PartVIISectionAGrp/PersonNm19MICHAEL MEGUIAR
IRS990/Form990PartVIISectionAGrp/PersonNm20BILL MURDOCK
IRS990/Form990PartVIISectionAGrp/PersonNm21JOHN OSWALD
IRS990/Form990PartVIISectionAGrp/PersonNm22GARY PFEIFFER
IRS990/Form990PartVIISectionAGrp/PersonNm23MARY ANN RICE
IRS990/Form990PartVIISectionAGrp/PersonNm24LARRY SCHULHOF
IRS990/Form990PartVIISectionAGrp/PersonNm25O'NEAL SHELTON
IRS990/Form990PartVIISectionAGrp/PersonNm26STEVEN SIZEMORE
IRS990/Form990PartVIISectionAGrp/PersonNm27ANN SKOGLUND
IRS990/Form990PartVIISectionAGrp/PersonNm28RAY SPELLS
IRS990/Form990PartVIISectionAGrp/PersonNm29RON STORTO
IRS990/Form990PartVIISectionAGrp/PersonNm30JONATHAN SZUCS
IRS990/Form990PartVIISectionAGrp/PersonNm31PAT WOOD
IRS990/Form990PartVIISectionAGrp/PersonNm32CHRIS YOUNG
IRS990/Form990PartVIISectionAGrp/PersonNm33AMANDA EDWARDS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt310
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt320
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3374570
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt310
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt320
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt330
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2AB-TECH COLLEGE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3CFO OF AB-TECH COLLEGE
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt25BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt26BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt27BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt28BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt29BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt30BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt31BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt32BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt33EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt044963
IRS990/FundraisingDirectExpensesAmt046766
IRS990/FundraisingGrossIncomeAmt090750
IRS990/GainOrLossGrp/SecuritiesAmt0154440
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt030
IRS990/GrantAmt0663924
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0586476
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0586476
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0148853
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0148853
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0154440
IRS990/GrossReceiptsAmt01314132
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt030
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt05926
IRS990/InformationTechnologyGrp/TotalAmt05926
IRS990/InvestmentIncomeGrp/ExclusionAmt0111668
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0111668
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt05751511
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt06422147
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE FOUNDATION IS TO SUPPORT ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE IN ALL OF ITS PROGRAMS AND ACTIVITIES TO ENSURE THAT QUALITY EDUCATIONAL OPPORTUNITIES ARE AVAILABLE TO ITS STUDENTS, FACULTY AND STAFF.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt013691811
IRS990/NetAssetsOrFundBalancesEOYAmt014486136
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0154440
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0154440
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt043984
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt043984
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0188233
IRS990/NoncashContributionsAmt068474
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02521
IRS990/OfficeExpensesGrp/ProgramServicesAmt01775
IRS990/OfficeExpensesGrp/TotalAmt04296
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01508902
IRS990/OtherAssetsTotalGrp/EOYAmt01801453
IRS990/OtherChangesInNetAssetsAmt0272384
IRS990/OtherExpensesGrp/Desc0COLLEGE PERSONNEL COSTS
IRS990/OtherExpensesGrp/Desc1GRANT FUNDED EXPENSES
IRS990/OtherExpensesGrp/Desc2PROJECT EXPENSES
IRS990/OtherExpensesGrp/Desc3MEMBERSHIP FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02114
IRS990/OtherExpensesGrp/ProgramServicesAmt076790
IRS990/OtherExpensesGrp/ProgramServicesAmt125974
IRS990/OtherExpensesGrp/ProgramServicesAmt215449
IRS990/OtherExpensesGrp/ProgramServicesAmt31986

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.2$0.04$16.1$2.48$2.41$0.08
2023Detailed filing. Detailed filing data is available for this year.$16.0$0.02$16.0$1.99$1.76$0.23
2022Detailed filing. Detailed filing data is available for this year.$15.1$0.03$15.0$1.98$1.24$0.74
2021Detailed filing. Detailed filing data is available for this year.$16.2$0.08$16.1$1.93$1.25$0.68
2020Detailed filing. Detailed filing data is available for this year.$13.9$0.25$13.6$1.12$1.65$0.53
2019Detailed filing. Detailed filing data is available for this year.$14.3$0.01$14.3$1.30$1.51$0.22
2018Detailed filing. Detailed filing data is available for this year.$14.5$0.01$14.5$1.27$0.93$0.33
2017Detailed filing. Detailed filing data is available for this year.$13.7$0.01$13.7$0.92$0.85$0.07
2016Detailed filing. Detailed filing data is available for this year.$13.1$0.01$13.1$1.19$1.81$0.61
2015Detailed filing. Detailed filing data is available for this year.$14.0$0.02$14.0$0.92$0.96$0.05
2014Detailed filing. Detailed filing data is available for this year.$14.0$0.01$14.0$0.75$0.89$0.14
2013Summary only. Only limited summary data is available for this year.$13.4$0.05$13.4$6.03$0.86$5.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.67$0.04$7.64$0.95
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.73$0.05$7.68$0.71
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.77$0.03$6.74$0.76