Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
EIN 81-0593483 • 501(c)3 • Asheville, NC
Profile
The purpose of the asheville downtown association foundation, inc is to improve the downtown asheville (north carolina) community through efforts and initiatives designed to promote the arts, increase community awareness, and support efforts to end homelessness.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
Liabilities / Revenue
84th percentile
Higher debt load relative to revenue than 84% of similar nonprofits.
Net Margin
63rd percentile
Higher net margin than 63% of similar nonprofits.
Top Officer Pay
85th percentile
Higher top officer pay than 85% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
92nd percentile
Faster asset growth than 92% of similar nonprofits.
Revenue Growth
96th percentile
Faster revenue growth than 96% of similar nonprofits.
Assets
Up$20,447
Up $13,189 (+182%) from 2023
Liabilities
Up$5,109
Up $5,109 from 2023
Net Assets
$15,338
No earlier filing loaded for comparison.
Revenue
Up$44,492
Up $36,489 (+456%) from 2023
Expenses
Up$36,413
Up $15,208 (+72%) from 2023
Net Income
Up$8,079
Up $21,281 (+161%) from 2023
Most recent year
2024 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.
The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.
The purpose of the asheville downtown association foundation, inc is to improve the downtown asheville (north carolina) community through efforts and initiatives designed to promote the arts, increase community awareness, and support efforts to end homelessness.
| Description | Grants | Expenses |
|---|---|---|
| THE PURPOSE OF THE ASHEVILLE DOWNTOWN ASSOCIATION FOUNDATION, INC IS TO IMPROVE THE DOWNTOWN ASHEVILLE (NORTH CAROLINA) COMMUNITY THROUGH EFFORTS AND INITIATIVES DESIGNED TO PROMOTE THE ARTS, INCREASE COMMUNITY AWARENESS, AND SUPPORT EFFORTS TO END HOMELESSNESS. | - | $9,577 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ADRIAN VASSALLO | Board Member | - | $0 | - | - |
| BEN COLVIN | President | - | $0 | - | - |
| BRYANT KORZENIEWSKI | Board Member | - | $0 | - | - |
| BYRON GREINER | Board Member | - | $0 | - | - |
| JOHN FLEMING | Board Member | - | $0 | - | - |
| RUTH SUMMERS | Board Member | - | $0 | - | - |
| SEAY STEPHENS | Board Member | - | $0 | - | - |
| TOBY WEAS | Board Member | - | $0 | - | - |
| TOMMY DENNISON | Board Member | - | $0 | - | - |
| MEGHAN ROGERS | Executive Di | - | $0 | - | - |
“The purpose of the asheville downtown association foundation, inc is to improve the downtown asheville (north carolina) community through efforts and initiatives designed to promote the arts, increase community awareness, and support efforts to end homelessness.”
“The purpose of the asheville downtown association foundation, inc is to improve the downtown asheville (north carolina) community through efforts and initiatives designed to promote the arts, increase community awareness, and support efforts to end homelessness.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | SULLIVAN & SULLIVAN PLLC |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8285759009 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 41 CLAYTON STREET SUITE 200 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | ASHEVILLE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 28801 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 9629 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 20460 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 20406 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 10831 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 9577 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 9629 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 20460 |
| IRS990EZ/GrossReceiptsAmt | 0 | 20408 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 2 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 9629 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 20460 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 9629 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 20460 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 9 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 9 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ADRIAN VASSALLO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | BEN COLVIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | BRYANT KORZENIEWSKI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | BYRON GREINER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | JOHN FLEMING |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | RUTH SUMMERS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | SEAY STEPHENS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | TOBY WEAS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | TOMMY DENNISON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 9 | MEGHAN ROGERS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 9 | EXECUTIVE DI |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE PURPOSE OF THE ASHEVILLE DOWNTOWN ASSOCIATION FOUNDATION, INC IS TO IMPROVE THE DOWNTOWN ASHEVILLE (NORTH CAROLINA) COMMUNITY THROUGH EFFORTS AND INITIATIVES DESIGNED TO PROMOTE THE ARTS, INCREASE COMMUNITY AWARENESS, AND SUPPORT EFFORTS TO END HOMELESSNESS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE PURPOSE OF THE ASHEVILLE DOWNTOWN ASSOCIATION FOUNDATION, INC IS TO IMPROVE THE DOWNTOWN ASHEVILLE (NORTH CAROLINA) COMMUNITY THROUGH EFFORTS AND INITIATIVES DESIGNED TO PROMOTE THE ARTS, INCREASE COMMUNITY AWARENESS, AND SUPPORT EFFORTS TO END HOMELESSNESS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 9577 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 9577 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 9577 |
| IRS990EZ/TotalRevenueAmt | 0 | 20408 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | true |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | false |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd | 0 | true |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 561570881 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | true |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 10 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | ASHEVILLE DOWNTOWN ASSOCIATION |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType1Ind | 0 | X |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE PURPOSE OF THE ASHEVILLE DOWNTOWN ASSOCIATION FOUNDATION, INC IS TO IMPROVE THE DOWNTOWN ASHEVILLE (NORTH CAROLINA) COMMUNITY THROUGH EFFORTS AND INITIATIVES DESIGNED TO PROMOTE THE ARTS, INCREASE COMMUNITY AWARENESS, AND SUPPORT EFFORTS TO END HOMELESSNESS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE PURPOSE OF THE ASHEVILLE DOWNTOWN ASSOCIATION FOUNDATION, INC IS TO IMPROVE THE DOWNTOWN ASHEVILLE (NORTH CAROLINA) COMMUNITY THROUGH EFFORTS AND INITIATIVES DESIGNED TO PROMOTE THE ARTS, INCREASE COMMUNITY AWARENESS, AND SUPPORT EFFORTS TO END HOMELESSNESS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | BEN COLVIN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8282519973 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-08-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ASHEVILLE DOWNTOWN ASSOCIATION |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ASHE |
| ReturnHeader/Filer/EIN | 0 | 810593483 |
| ReturnHeader/Filer/PhoneNum | 0 | 8282519973 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 29 HAYWOOD STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ASHEVILLE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 28801 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 204142945 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SULLIVAN & SULLIVAN PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 41 CLAYTON ST STE 200 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ASHEVILLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 288012423 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8285759009 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-08-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JOSH SULLIVAN |
| ReturnHeader/ReturnTs | 0 | 2023-08-15T17:07:43-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | BEN |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | COLVIN |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
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