Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
Asheville Design District
EIN 88-0957294 • 501(c)6 • Asheville, NC
Profile
The purpose behind creating the asheville design district is to encourage job growth, boost tourism, and stimulate sales for the 60+ businesses that currently operate in this footprint in the fields of design, building, and furnishing. The secondary purpose for creating a design district is to encourage re-development in the economic opportunity zone that was established along the banks of the sweeten creek and swannanoa rivers leading into biltmore village, and to encourage new businesses to relocate to the area and assist in transforming the landscape.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
1.86x
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
99th percentile
Higher net margin than 99% of similar nonprofits.
Top Officer Pay
80th percentile
Higher top officer pay than 80% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
97th percentile
Faster asset growth than 97% of similar nonprofits.
Revenue Growth
15th percentile
Faster revenue growth than 15% of similar nonprofits.
Balance Sheet
Assets
Down$1,504
Down $1,028 (-41%) from 2024
Liabilities
Flat$4,712
Flat from 2024
Net Assets
Down-$3,208
Down $1,028 (-47%) from 2024
Revenue
Down$1
Down $2,605 (-100%) from 2024
Expenses
Up$1,029
Up $794 (+338%) from 2024
Net Income
Down-$1,028
Down $3,399 (-143%) from 2024
Trend Graphs
Filings
Most recent year
2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $1,504
- Liabilities
- $4,712
- Net assets
- -$3,208
- Revenue
- $1
- Expenses
- $1,029
- Net income
- -$1,028
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2025 to Dec 31, 2025
- Signed
- Feb 16, 2026
- Return Version
- 2025v4.0
- Gross Receipts
- $1
Mission and Program Overview
Mission
The purpose behind creating the asheville design district is to encourage job growth, boost tourism, and stimulate sales for the 60+ businesses that currently operate in this footprint in the fields of design, building, and furnishing. The secondary purpose for creating a design district is to encourage re-development in the economic opportunity zone that was established along the banks of the sweeten creek and swannanoa rivers leading into biltmore village, and to encourage new businesses to relocate to the area and assist in transforming the landscape.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| IN 2025, ASHEVILLE DESIGN DISTRICT EXPERIENCED A SLUMP IN MEMBERSHIPS. AFTER HURRICANE HELENE, THE COMMUNITY WAS ECONOMICALLY AFFECTED. EXPENSES INCURRED DURING 2025 WERE PURELY ADMINISTRATIVE. IT IS THE HOPE OF THE BOARD TO START ADVERTISING FOR MORE MEMBERSHIPS IN 2026. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| SEAN SULLIVAN | Director | - | $0 | - | - |
| LAURA SULLIVAN | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Asheville Design District
- EIN
- 88-0957294
- Phone
- 8287687812
- Address
- 121 SWEETEN CREEK RD STE 50, ASHEVILLE, NC 28803
Signing Officer
- Name
- Sean Sullivan
- Title
- Director
- Phone
- 8287687812
- Signed
- 2026-02-16
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Franklin Freeman CPA Pllc
- Address
- 1998 HENDERSONVILLE RD STE 14, ASHEVILLE, NC 28803-2192
- Preparer
- Steven D Franklin
- Phone
- 8286844501
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses marketing 89 computer software 565 bank charges refund -110 other costs 60 total 604”
Form 990-ez, Part II, Line 24
“Accounts receivable 100 100 total 100 100”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 4,712 4,712”
Form 990-ez, Part III
“The purpose behind creating the asheville design district is to encourage job growth, boost tourism, and stimulate sales for the 60+ businesses that currently operate in this footprint in the fields of design, building, and furnishing. The secondary purpose for creating a design district is to encourage re-development in the economic opportunity zone that was established along the banks of the sweeten creek and swannanoa rivers leading into biltmore village, and to encourage new businesses to relocate to the area and assist in transforming the landscape.”
Form 990-ez, Part III, Line 28
“In 2025, asheville design district experienced a slump in memberships. After hurricane helene, the community was economically affected. Expenses incurred during 2025 were purely administrative. It is the hope of the board to start advertising for more memberships in 2026.”
Raw XML Appendix97 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | KAREN TURNER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8287687812 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 121 SWEETEN CREEK RD STE 50 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | ASHEVILLE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 28803 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 2432 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 1404 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -1028 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 425 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 2532 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 1504 |
| IRS990EZ/GrossReceiptsAmt | 0 | 1 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 1 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -2180 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -3208 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -2180 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -3208 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | SEAN SULLIVAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | LAURA SULLIVAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 100 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 100 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 604 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE PURPOSE BEHIND CREATING THE ASHEVILLE DESIGN DISTRICT IS TO ENCOURAGE JOB GROWTH, BOOST TOURISM, AND STIMULATE SALES FOR THE 60+ BUSINESSES THAT CURRENTLY OPERATE IN THIS FOOTPRINT IN THE FIELDS OF DESIGN, BUILDING, AND FURNISHING. THE SECONDARY PURPOSE FOR CREATING A DESIGN DISTRICT IS TO ENCOURAGE RE-DEVELOPMENT IN THE ECONOMIC OPPORTUNITY ZONE THAT WAS ESTABLISHED ALONG THE BANKS OF THE SWEETEN CREEK AND SWANNANOA RIVERS LEADING INTO BILTMORE VILLAGE, AND TO ENCOURAGE NEW BUSINESSES TO RELOCATE TO THE AREA AND ASSIST IN TRANSFORMING THE LANDSCAPE. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | IN 2025, ASHEVILLE DESIGN DISTRICT EXPERIENCED A SLUMP IN MEMBERSHIPS. AFTER HURRICANE HELENE, THE COMMUNITY WAS ECONOMICALLY AFFECTED. EXPENSES INCURRED DURING 2025 WERE PURELY ADMINISTRATIVE. IT IS THE HOPE OF THE BOARD TO START ADVERTISING FOR MORE MEMBERSHIPS IN 2026. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 4712 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 4712 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 1029 |
| IRS990EZ/TotalRevenueAmt | 0 | 1 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | ASHEVILLEDESIGNDISTRICT.COM |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES MARKETING 89 COMPUTER SOFTWARE 565 BANK CHARGES REFUND -110 OTHER COSTS 60 TOTAL 604 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 100 100 TOTAL 100 100 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 4,712 4,712 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE PURPOSE BEHIND CREATING THE ASHEVILLE DESIGN DISTRICT IS TO ENCOURAGE JOB GROWTH, BOOST TOURISM, AND STIMULATE SALES FOR THE 60+ BUSINESSES THAT CURRENTLY OPERATE IN THIS FOOTPRINT IN THE FIELDS OF DESIGN, BUILDING, AND FURNISHING. THE SECONDARY PURPOSE FOR CREATING A DESIGN DISTRICT IS TO ENCOURAGE RE-DEVELOPMENT IN THE ECONOMIC OPPORTUNITY ZONE THAT WAS ESTABLISHED ALONG THE BANKS OF THE SWEETEN CREEK AND SWANNANOA RIVERS LEADING INTO BILTMORE VILLAGE, AND TO ENCOURAGE NEW BUSINESSES TO RELOCATE TO THE AREA AND ASSIST IN TRANSFORMING THE LANDSCAPE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | IN 2025, ASHEVILLE DESIGN DISTRICT EXPERIENCED A SLUMP IN MEMBERSHIPS. AFTER HURRICANE HELENE, THE COMMUNITY WAS ECONOMICALLY AFFECTED. EXPENSES INCURRED DURING 2025 WERE PURELY ADMINISTRATIVE. IT IS THE HOPE OF THE BOARD TO START ADVERTISING FOR MORE MEMBERSHIPS IN 2026. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SEAN SULLIVAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8287687812 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2026-02-16 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ASHEVILLE DESIGN DISTRICT |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ASHE |
| ReturnHeader/Filer/EIN | 0 | 880957294 |
| ReturnHeader/Filer/PhoneNum | 0 | 8287687812 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 121 SWEETEN CREEK RD STE 50 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ASHEVILLE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 28803 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 260287984 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | FRANKLIN FREEMAN CPA PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1998 HENDERSONVILLE RD STE 14 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ASHEVILLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 288032192 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8286844501 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2026-02-16 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | STEVEN D FRANKLIN |
| ReturnHeader/ReturnTs | 0 | 2026-03-02T16:17:24-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2025-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-12-31 |
| ReturnHeader/TaxYr | 0 | 2025 |
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