Civic Intelligence

Asheville Debate Society Inc

EIN 86-3922365 • 501(c)7 • Asheville, NC

990-N CoverageNTEE Y03

Profile

The purpose of the society is to promote frienship and congeniality among its members and guests; to debate and discuss issues of interest to the membership; to perfect in individual members the art of effective self- expression; and to seek to be a worthy intellectual and cultural stimulus to its members.

100 Coxe AvenueAsheville, NC 28801

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

3rd percentile

-160%

Higher net margin than 3% of similar nonprofits.

NTEE Y • <$500k nonprofits • Source year 2023

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

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

NTEE Y • <$500k nonprofits • Source year 2023

Asset Growth

9th percentile

-41%

Faster asset growth than 9% of similar nonprofits.

NTEE Y • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

7th percentile

-58%

Faster revenue growth than 7% of similar nonprofits.

NTEE Y • <$500k nonprofits • Annualized from 2021 to 2023

Assets

Down

$1,166

Down $800 (-41%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$1,166

Down $800 (-41%) from 2022

Revenue

$500

No earlier filing loaded for comparison.

Expenses

Up

$1,300

Up $695 (+115%) from 2022

Net Income

-$800

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$3.0K$2.0K$1.0K$0Assets 2021: $2,571Net Assets 2021: $2,5712021Assets 2022: $1,966Net Assets 2022: $1,9662022Assets 2023: $1,166Net Assets 2023: $1,1662023

Highlighted filing

2023

Assets$1,166
Liabilities-
Net Assets$1,166

Operations Trend

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

$3.0K$2.0K$1.0K$0-$1.0KRevenue 2021: $2,843Expenses 2021: $272Net Income 2021: $2,5712021Expenses 2022: $6052022Revenue 2023: $500Expenses 2023: $1,300Net Income 2023: -$8002023

Highlighted filing

2023

Revenue$500
Expenses$1,300
Net Income-$800

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Oct 30, 2023
Return Version
2022v5.0
Gross Receipts
$500
Mission and Program Overview

Mission

The purpose of the society is to promote frienship and congeniality among its members and guests; to debate and discuss issues of interest to the membership; to perfect in individual members the art of effective self- expression; and to seek to be a worthy intellectual and cultural stimulus to its members.

The purpose of the society is to promote friendship and congeniality among its members and guests; to debate and discuss issues of interest to the membership; to perfect in individual members the art of effective self- expression; and to seek to be a worthy intellectual and cultural stimulus to its members.

Program Services

DescriptionGrantsExpenses
MEETINGS AND DEBATES--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MILLIE FARMERPresident-$0--
WOODY FARMERVice Preside-$0--
JOHN RUSSELLSecretary-$0--
CHERYL MCCORMICKTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Asheville Debate Society Inc
EIN
86-3922365
Phone
8282580363
Address
100 COXE AVENUE, ASHEVILLE, NC 28801

Signing Officer

Name
Cheryl Mccormick
Title
Treasurer
Phone
8282580363
Signed
2023-10-30
Discuss with paid preparer
Yes

Preparer

Firm
Gould Killian CPA Group Pa
Address
100 COXE AVE, ASHEVILLE, NC 28801-2354
Preparer
G Edward Towson Ii CPA
Phone
8282580363
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses debate meeting accomodations 1,189 bank fees 34 licenses & permits 77 total 1,300

Form 990-ez, Part III

The purpose of the society is to promote friendship and congeniality among its members and guests; to debate and discuss issues of interest to the membership; to perfect in individual members the art of effective self- expression; and to seek to be a worthy intellectual and cultural stimulus to its members.

Raw XML Appendix98 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0CHERYL MCCORMICK
IRS990EZ/BooksInCareOfDetail/PhoneNum08282580363
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0100 COXE AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ASHEVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028801
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01966
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01166
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0500
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-800
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01966
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01166
IRS990EZ/GrossReceiptsAmt0500
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01966
IRS990EZ/NetAssetsOrFundBalancesEOYAmt01166
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01966
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt01166
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MILLIE FARMER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1WOODY FARMER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOHN RUSSELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CHERYL MCCORMICK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt01300
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF THE SOCIETY IS TO PROMOTE FRIENDSHIP AND CONGENIALITY AMONG ITS MEMBERS AND GUESTS; TO DEBATE AND DISCUSS ISSUES OF INTEREST TO THE MEMBERSHIP; TO PERFECT IN INDIVIDUAL MEMBERS THE ART OF EFFECTIVE SELF- EXPRESSION; AND TO SEEK TO BE A WORTHY INTELLECTUAL AND CULTURAL STIMULUS TO ITS MEMBERS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MEETINGS AND DEBATES
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt01300
IRS990EZ/TotalRevenueAmt0500
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES DEBATE MEETING ACCOMODATIONS 1,189 BANK FEES 34 LICENSES & PERMITS 77 TOTAL 1,300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PURPOSE OF THE SOCIETY IS TO PROMOTE FRIENDSHIP AND CONGENIALITY AMONG ITS MEMBERS AND GUESTS; TO DEBATE AND DISCUSS ISSUES OF INTEREST TO THE MEMBERSHIP; TO PERFECT IN INDIVIDUAL MEMBERS THE ART OF EFFECTIVE SELF- EXPRESSION; AND TO SEEK TO BE A WORTHY INTELLECTUAL AND CULTURAL STIMULUS TO ITS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHERYL MCCORMICK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08282580363
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASHEVILLE DEBATE SOCIETY INC
ReturnHeader/Filer/BusinessNameControlTxt0ASHE
ReturnHeader/Filer/EIN0863922365
ReturnHeader/Filer/PhoneNum08282580363
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 COXE AVENUE
ReturnHeader/Filer/USAddress/CityNm0ASHEVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028801
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561042836
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GOULD KILLIAN CPA GROUP PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 COXE AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ASHEVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0288012354
ReturnHeader/PreparerPersonGrp/PhoneNum08282580363
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0G EDWARD TOWSON II CPA
ReturnHeader/ReturnTs02023-11-28T08:36:16-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHERYL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MCCORMICK
ReturnHeader/TaxPeriodBeginDt02022-09-01
ReturnHeader/TaxPeriodEndDt02023-08-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.