Civic Intelligence

Education and Research Consortium of the Western Carolinas Inc

EIN 56-2150550 • 501(c)3 • Asheville, NC

View Organization Page

Profile

To further economic development in the western carolinas through education, infrastructure and capital development.

151 Patton Avenue Box 170Asheville, NC 28801

www.ercwc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

7th percentile

0.00x

Higher debt load relative to assets than 7% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

100th percentile

451%

Higher net margin than 100% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

16th percentile

$36,000

Higher top officer pay than 16% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

15th percentile

-6.8%

Faster asset growth than 15% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets7th percentile

Assets

Down

$12,934,992

Down $949,116 (-6.8%) from 2023

Liabilities

Down

$6,608

Down $146 (-2.2%) from 2023

Net Assets

Down

$12,928,384

Down $948,970 (-6.8%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin100th percentile

Revenue

Down

-$210,593

Down $1,068,930 (-125%) from 2023

Expenses

Down

$738,377

Down $1,579,137 (-68%) from 2023

Net Income

Up

-$948,970

Up $510,207 (+35%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth15th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2010: $1,843,303Liabilities 2010: $26,422Net Assets 2010: $1,816,8812010Assets 2011: $3,398,089Liabilities 2011: $508,175Net Assets 2011: $2,889,9142011Assets 2012: $9,954,330Liabilities 2012: $90,230Net Assets 2012: $9,864,1002012Assets 2013: $14,068,285Liabilities 2013: $45,278Net Assets 2013: $14,023,0072013Assets 2014: $14,689,216Liabilities 2014: $1,301,959Net Assets 2014: $13,387,2572014Assets 2015: $14,923,173Liabilities 2015: $1,592,460Net Assets 2015: $13,330,7132015Assets 2016: $15,048,169Liabilities 2016: $1,054,560Net Assets 2016: $13,993,6092016Assets 2017: $15,518,779Liabilities 2017: $1,824,507Net Assets 2017: $13,694,2722017Assets 2018: $21,909,206Liabilities 2018: $7,746,198Net Assets 2018: $14,163,0082018Assets 2019: $24,503,033Liabilities 2019: $9,723,775Net Assets 2019: $14,779,2582019Assets 2020: $24,894,045Liabilities 2020: $8,080,909Net Assets 2020: $16,813,1362020Assets 2021: $19,627,315Liabilities 2021: $6,977,150Net Assets 2021: $12,650,1652021Assets 2022: $15,165,608Liabilities 2022: $735,451Net Assets 2022: $14,430,1572022Assets 2023: $13,884,108Liabilities 2023: $6,754Net Assets 2023: $13,877,3542023Assets 2024: $12,934,992Liabilities 2024: $6,608Net Assets 2024: $12,928,3842024

Highlighted filing

2024

Assets$12,934,992
Liabilities$6,608
Net Assets$12,928,384
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $2,126,9182010Expenses 2011: $1,574,0482011Expenses 2012: $1,475,4492012Expenses 2013: $2,095,9862013Revenue 2014: $2,381,180Expenses 2014: $3,016,930Net Income 2014: -$635,7502014Revenue 2015: $3,299,628Expenses 2015: $3,356,172Net Income 2015: -$56,5442015Revenue 2016: $4,122,441Expenses 2016: $3,459,545Net Income 2016: $662,8962016Revenue 2017: $3,476,321Expenses 2017: $3,773,616Net Income 2017: -$297,2952017Revenue 2018: $5,320,280Expenses 2018: $4,997,049Net Income 2018: $323,2312018Revenue 2019: $6,177,842Expenses 2019: $5,561,592Net Income 2019: $616,2502019Revenue 2020: $7,143,878Expenses 2020: $5,110,000Net Income 2020: $2,033,8782020Revenue 2021: $466,117Expenses 2021: $4,629,088Net Income 2021: -$4,162,9712021Revenue 2022: $4,655,844Expenses 2022: $1,856,350Net Income 2022: $2,799,4942022Revenue 2023: $858,337Expenses 2023: $2,317,514Net Income 2023: -$1,459,1772023Revenue 2024: -$210,593Expenses 2024: $738,377Net Income 2024: -$948,9702024

Highlighted filing

2024

Revenue-$210,593
Expenses$738,377
Net Income-$948,970
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$12,934,992
Liabilities
$6,608
Net assets
$12,928,384
Revenue
-$210,593
Expenses
$738,377
Net income
-$948,970
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.9$0.01$12.9$0.21$0.74$0.95
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.9$0.01$13.9$0.86$2.32$1.46
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.2$0.74$14.4$4.66$1.86$2.80
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.6$6.98$12.7$0.47$4.63$4.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.9$8.08$16.8$7.14$5.11$2.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.5$9.72$14.8$6.18$5.56$0.62
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.9$7.75$14.2$5.32$5.00$0.32
2017Summary only. Only limited summary data is available for this year.$15.5$1.82$13.7$3.48$3.77$0.30
2016Summary only. Only limited summary data is available for this year.$15.0$1.05$14.0$4.12$3.46$0.66
2015Summary only. Only limited summary data is available for this year.$14.9$1.59$13.3$3.30$3.36$0.06
2014Detailed filing. Detailed filing data is available for this year.$14.7$1.30$13.4$2.38$3.02$0.64
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.1$0.05$14.0$2.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.95$0.09$9.86$1.48
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.40$0.51$2.89$1.57
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.84$0.03$1.82$2.13
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 31, 2025
Return Version
2023v6.0
Gross Receipts
$858,337
Mission and Program Overview

Mission

To further economic development in the western carolinas through education, infrastructure and capital development.

To further economic development in the Western Carolinas through education, infrastrucure and capital development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$254,576$8,213,136▲ $7,958,560
Land, Buildings, and Equipment, Net$3,515,559$3,138,732▼ $376,827
Other Notes and Loans Receivable, Net$1,526,158$1,440,122▼ $86,036
Cash and Non-Interest-Bearing Accounts$9,670,476$731,329▼ $8,939,147
Prepaid Expenses and Deferred Charges$9,328$68,015▲ $58,687
Accounts Receivable$11,782--
Total Assets$15,165,608$13,884,108▼ $1,281,500
Other Assets Total$177,729$292,774▲ $115,045
Liabilities
Other Liabilities$734,822$0▼ $734,822
Accounts Payable and Accrued Expenses$629$6,754▲ $6,125
Total Liabilities$735,451$6,754▼ $728,697
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,430,157$13,877,354▼ $552,803
Total Net Assets Fund Balance$14,430,157$13,877,354▼ $552,803
Total Liabilities and Net Assets / Fund Balance$15,165,608$13,884,108▼ $1,281,500

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,138,732$5,653,656$8,792,388
Land$0--
Other Assets Org$209,232--
Compensation and Service Providers
Top Officer Pay16th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Troy TolleChair/TreasurerFT$36,000$36,000

Board Members and Trustees

NameTitle
Don ClineMember
Dr Paul MaurerMember
John ConnetMember
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$361,491
Investment Income
$428,472
Other Revenue
$68,374
Change in Net Assets
$-1,459,177

Audited Revenue Reconciliation

Revenue per Audited Statements
$858,337
Revenue Not Reported on Form 990
$132,180
Total Revenue per Audited Statements
$990,517
Total Revenue per Form 990
$858,337
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,279,514
Salaries, Compensation, and Employee Benefits$36,000
Grants and Similar Amounts Paid$2,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$386,913$0$0$386,913
Fees for Services Other$68,395$119,182$0$187,577
Occupancy$77,491$24,007$0$101,498
Fees for Services Legal$0$60,424$0$60,424
Fees for Services Accounting$0$41,360$0$41,360
Current Officers, Directors, Trustees, and Key Employees$14,400$21,600$0$36,000
Other Expenses$33,200$0$0$33,200
Insurance$0$18,987$0$18,987
Information Technology$10,323$0$0$10,323
Travel$5,559$0$0$5,559
Office Expenses$0$2,481$0$2,481
Grants to Domestic Orgs$2,000--$2,000
Total Functional Expenses$600,031$1,717,483$0$2,317,514

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,449,694
Expenses per Audited Statements$2,317,514
Total Expenses per Form 990$2,317,514
Expenses Not Reported on Form 990$132,180
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due To/From other Funds$0
Due form ERCBB LLC$0
Accured Interest$0
Security Deposit$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Education and Research Consortium of the Western Carolinas Inc
EIN
56-2150550
Phone
8283502415
Address
151 Patton Avenue Box 170, Asheville, NC 28801

Signing Officer

Name
Troy Tolle
Title
Board President
Phone
8283502415
Signed
2025-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Troy Tolle
Formed
1999
Legal Domicile
Nc
Voting Board Members
4
Independent Board Members
3
Employees
0
Volunteers
4

Preparer

Firm
Corliss & Solomon Pllc
Address
242 CHARLOTTE ST SUITE 1, ASHEVILLE, NC 28801
Preparer
Todd Oldenburg
Phone
8282360206
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The 990 is prepared by a CPA firm, reviewed by management, presented to the board for review, proposed revisions and final approval.”

Pt VI, Line 12C

“Enforced as necessary. Any board member with a conflict of interest on any specific issue informs the board and abstains from voting on the issue.”

Pt XI

“Line 8: A prior period adjustment of $906,374 was needed based on the 2022 audit that was completed after the Form 990 had been completed.”

Financial Statement Notes

Pt X, Line 2

“Education and Research Consortium is exempt from federal income taxes under 501(c)(3) of the Internal Revenue Code. However, the Code also provides that income from certain activities not related to the organizations tax-exempt purpose may be subject to taxation as unrelated business income. The organization had no income from unrelated business activities for 2023 and was therefore not required to file Form 990-T. The organization 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.”

Raw XML AppendixShowing 400 of 447 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
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IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0629
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IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0Troy Tolle
IRS990/BooksInCareOfDetail/PhoneNum08283502415
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0151 Patton Ave Box 170
IRS990/BooksInCareOfDetail/USAddress/CityNm0Asheville
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028801
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
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IRS990/CashNonInterestBearingGrp/BOYAmt09670476
IRS990/CashNonInterestBearingGrp/EOYAmt0731329
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt021600
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt014400
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt036000
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt02000
IRS990/CYInvestmentIncomeAmt0428472
IRS990/CYOtherExpensesAmt02279514
IRS990/CYOtherRevenueAmt068374
IRS990/CYProgramServiceRevenueAmt0361491
IRS990/CYRevenuesLessExpensesAmt0-1459177
IRS990/CYSalariesCompEmpBnftPaidAmt036000
IRS990/CYTotalExpensesAmt02317514
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0858337
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0386913
IRS990/DepreciationDepletionGrp/TotalAmt0386913
IRS990/Desc0Economic Development Achievement through education, construction infrastructure and capital development projects.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0true
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0600031
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt041360
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IRS990/FeesForServicesAccountingGrp/TotalAmt041360
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
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IRS990/FeesForServicesLegalGrp/ProgramServicesAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt060424
IRS990/FeesForServicesOtherGrp/FundraisingAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0119182
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt068395
IRS990/FeesForServicesOtherGrp/TotalAmt0187577
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0Troy Tolle
IRS990/Form990PartVIISectionAGrp/PersonNm1Dr Paul Maurer
IRS990/Form990PartVIISectionAGrp/PersonNm2John Connet
IRS990/Form990PartVIISectionAGrp/PersonNm3Don Cline
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt036000
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt1Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Member
IRS990/Form990ProvidedToGvrnBodyInd0true
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IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0119545
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantAmt02000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0119545
IRS990/GrossReceiptsAmt0858337
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InformationTechnologyGrp/FundraisingAmt00
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IRS990/IRPDocumentCnt04
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IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherExpensesGrp/Desc0Corporate Tax
IRS990/OtherExpensesGrp/Desc1Professional Development
IRS990/OtherExpensesGrp/Desc2Revenue Sharing
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IRS990/OtherRevenueMiscGrp/BusinessCd0518210
IRS990/OtherRevenueMiscGrp/Desc0LIT Networks LLC
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt068374
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt068374
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01526158
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01440122
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09328
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt068015
IRS990/PrincipalOfficerNm0Troy Tolle
IRS990/PriorPeriodAdjustmentsAmt0906374
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0518210
IRS990/ProgramServiceRevenueGrp/Desc0Data Center
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0361491
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0100000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt095000
IRS990/PYInvestmentIncomeAmt0-672023
IRS990/PYOtherExpensesAmt01490893
IRS990/PYOtherRevenueAmt04771296
IRS990/PYProgramServiceRevenueAmt0456571
IRS990/PYRevenuesLessExpensesAmt02799494
IRS990/PYSalariesCompEmpBnftPaidAmt0270457
IRS990/PYTotalExpensesAmt01856350
IRS990/PYTotalRevenueAmt04655844
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-1459177
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0361491
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0254576
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08213136
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part III, Line 12 Description: Other Income 2019: 58538. 2020: 112798. 2021: 88368. 2022: 2118. Description: Lit Networks LLC 2023: 68374.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt III Ln 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0100000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0236030
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0174429
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0510459
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearAmt0132130
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus1YearAmt0158616
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus2YearsAmt0158616
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus3YearsAmt0158616
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/CurrentTaxYearMinus4YearsAmt0158616
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt0766594
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0308927
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt098242
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0153443
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt018563
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0289
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0579464
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0361491
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0456571
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt04208930
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt06671160
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt05803917
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt017502069
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0377301
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt098242
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0397237
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt018563
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0289
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0891632
IRS990ScheduleA/InvestmentIncomeCYPct00.04460
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt068374
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt02118
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt088368
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0112798
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt058538
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0330196
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearAmt068374
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus2YearsAmt0243794
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt0312168
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/PublicSupportCY509Pct00.93890
IRS990ScheduleA/PublicSupportTotal509Amt018779122
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0715187
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt04367546
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt07065806
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt06136962
IRS990ScheduleA/Total509Grp/TotalAmt018779122
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt020000950
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/DonatedServicesUseFcltsAmt0132180
IRS990ScheduleD/EquipmentGrp/BookValueAmt03138732
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05653656
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08792388
IRS990ScheduleD/ExpensesNotReportedAmt0132180
IRS990ScheduleD/ExpensesSubtotalAmt02317514
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0132180
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt083542
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1209232
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Investment LIT Network, LLC
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Deferred Tax Asset
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt10
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt20
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt30
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due To/From other Funds
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Due form ERCBB LLC
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Accured Interest
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Security Deposit
IRS990ScheduleD/RevenueNotReportedAmt0132180
IRS990ScheduleD/RevenueSubtotalAmt0858337
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Education and Research Consortium is exempt from federal income taxes under 501(c)(3) of the Internal Revenue Code. However, the Code also provides that income from certain activities not related to the organizations tax-exempt purpose may be subject to taxation as unrelated business income. The organization had no income from unrelated business activities for 2023 and was therefore not required to file Form 990-T. The organization 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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03138732
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0292774
IRS990ScheduleD/TotalExpensesPerForm990Amt02317514
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleD/TotalRevenuePerForm990Amt0858337
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0990517
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02449694
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 is prepared by a CPA firm, reviewed by management, presented to the board for review, proposed revisions and final approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Enforced as necessary. Any board member with a conflict of interest on any specific issue informs the board and abstains from voting on the issue.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Line 8: A prior period adjustment of $906,374 was needed based on the 2022 audit that was completed after the Form 990 had been completed.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt XI
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0Education & Research Consrtium of WNC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0ERC Holdings LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0824040513
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0Management
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt048 Patton Ave
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0Asheville
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd028801
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt015165608
IRS990/TotalAssetsEOYAmt013884108
IRS990/TotalAssetsGrp/BOYAmt015165608
IRS990/TotalAssetsGrp/EOYAmt013884108
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01717483
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0600031
IRS990/TotalFunctionalExpensesGrp/TotalAmt02317514
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0735451
IRS990/TotalLiabilitiesEOYAmt06754
IRS990/TotalLiabilitiesGrp/BOYAmt0735451
IRS990/TotalLiabilitiesGrp/EOYAmt06754
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt014430157
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt013877354
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0600031
IRS990/TotalProgramServiceRevenueAmt0361491
IRS990/TotalReportableCompFromOrgAmt036000
IRS990/TotalRevenueGrp/ExclusionAmt0496846
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0361491
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0858337
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt015165608

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