Civic Intelligence

Asheville Skate Foundation Inc.

EIN 83-4620271 • 501(c)3 • Asheville, NC

Pub. 78 Eligible990-N CoverageNTEE N32

Profile

Asheville Skate Foundation (ASF) is the organization that creates, maintains and preserves public, DIY, and community space at The Foundy, the skateable sculpture park located in the heart of the River Arts District in Asheville, NC. Through grassroots efforts,

25 Patton AveAsheville, NC 28801

www.foundationasheville.com

Siviq Scores

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

Liabilities / Assets

71st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE N32 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

71st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE N32 • <$500k nonprofits • Source year 2024

Net Margin

59th percentile

29%

Higher net margin than 59% of similar nonprofits.

NTEE N32 • <$500k nonprofits • Source year 2024

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE N32 • <$500k nonprofits • Source year 2024

Asset Growth

73rd percentile

25%

Faster asset growth than 73% of similar nonprofits.

NTEE N32 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

36th percentile

-25%

Faster revenue growth than 36% of similar nonprofits.

NTEE N32 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$88,754

Up $17,702 (+25%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$88,754

Up $17,702 (+25%) from 2023

Operations
Liabilities / Revenue71st percentileNet Margin59th percentile

Revenue

Down

$61,702

Down $20,102 (-25%) from 2023

Expenses

Up

$44,000

Up $9,159 (+26%) from 2023

Net Income

Down

$17,702

Down $29,261 (-62%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth73rd percentile

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

$100K$50K$0Assets 2023: $71,052Liabilities 2023: $0Net Assets 2023: $71,0522023Assets 2024: $88,754Liabilities 2024: $0Net Assets 2024: $88,7542024

Highlighted filing

2024

Assets$88,754
Liabilities$0
Net Assets$88,754
Open 2024 Filing

Operations Trend

Revenue Growth36th percentile

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

$100K$50K$0Revenue 2023: $81,804Expenses 2023: $34,841Net Income 2023: $46,9632023Revenue 2024: $61,702Expenses 2024: $44,000Net Income 2024: $17,7022024

Highlighted filing

2024

Revenue$61,702
Expenses$44,000
Net Income$17,702
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$88,754
Liabilities
$0
Net assets
$88,754
Revenue
$61,702
Expenses
$44,000
Net income
$17,702
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$88.8$0.00$88.8$61.7$44.0$17.7
2023Detailed filing. Detailed filing data is available for this year.$71.1$0.00$71.1$81.8$34.8$47.0
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 2, 2025
Return Version
2024v5.2
Gross Receipts
$61,702
Mission and Program Overview

Mission

Asheville Skate Foundation (ASF) is the organization that creates, maintains and preserves public, DIY, and community space at The Foundy, the skateable sculpture park located in the heart of the River Arts District in Asheville, NC. Through grassroots efforts,

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$34,398$51,691▲ $17,293
Land, Buildings, and Equipment, Net$36,654$37,063▲ $409
Total Assets$71,052$88,754▲ $17,702
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$71,052$88,754▲ $17,702
Total Net Assets Fund Balance$71,052$88,754▲ $17,702
Total Liabilities and Net Assets / Fund Balance$71,052$88,754▲ $17,702

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$37,063$5,808$42,871
Compensation and Service Providers
Top Officer Pay92nd percentile

Board Members and Trustees

NameTitle
Robert SebrellPresident
Emerick Van OsdalVice President
Michael DriskillProject Manager
Joshua NivenSecretary
Eric CheslakTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$61,702
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$61,702
Change in Net Assets
$17,702
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$44,000
Total Fundraising Expense$25,880
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$6,701$201-$6,902
Insurance$6,186--$6,186
Depreciation Depletion$3,879--$3,879
Other Expenses$940-$880$880
Fees for Services Accounting-$175-$175
Advertising$38--$38
Total Functional Expenses$17,744$376$25,880$44,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
Yes
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

“AVAILABLE UPON REQUEST”

Governing body decisions Part VI line 7B

“AVAILABLE UPON REQUEST”

Form 990 governing body review Part VI line 11

“AVAILABLE UPON REQUEST”

Conflict of interest policy compliance Part VI line 12C

“AVAILABLE UPON REQUEST”

Governing documents etc available to public Part VI line 19

“AVAILABLE UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Asheville Skate Foundation
EIN
83-4620271
In Care Of
% ERIC CHESLAK
Phone
7045621003
Address
25 PATTON AVE, Asheville, NC 28801

Signing Officer

Name
Eric Cheslak
Title
President
Phone
7045621003
Signed
2025-04-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Sebrell
Formed
2023
Legal Domicile
Nc
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
Peridot Consulting Inc
Address
61 N MERRIMON AVE SUITE 109, Asheville, NC 28804
Preparer
John Michael Kledis Ea
Phone
8284197170
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

“AVAILABLE UPON REQUEST”

List of other expenses Part IX line 24E

“AVAILABLE UPON REQUEST”

Raw XML Appendix328 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.

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ReturnHeader/Filer/PhoneNum07045621003
ReturnHeader/Filer/USAddress/AddressLine1Txt025 PATTON AVE
ReturnHeader/Filer/USAddress/CityNm0Asheville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028801
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0814577555
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PERIDOT CONSULTING INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt061 N MERRIMON AVE SUITE 109
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Asheville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028804
ReturnHeader/PreparerPersonGrp/PhoneNum08284197170
ReturnHeader/PreparerPersonGrp/PreparationDt02025-08-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN MICHAEL KLEDIS EA
ReturnHeader/ReturnTs02025-08-08T11:34:07-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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