Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
Asheville Design District
990EZ • Fiscal year 2022 • EIN 88-0957294
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.29x
Liabilities / Revenue
85th percentile
Higher debt load relative to revenue than 85% of similar nonprofits.
Net Margin
95th percentile
Higher net margin than 95% 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
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$9,516
No earlier filing loaded for comparison.
Net Assets
$6,766
No earlier filing loaded for comparison.
Liabilities
$2,750
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$11,755
No earlier filing loaded for comparison.
Expenses
$4,989
No earlier filing loaded for comparison.
Net Income
$6,766
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jun 10, 2022 to Dec 31, 2022
- Signed
- May 31, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $11,755
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 2022, ASHEVILLE DESIGN DISTRICT WAS ABLE TO ATTRACT 18 INITIAL MEMBERS. WE HAVE ACCOMPLISHED AWARENESS IN GETTING TOURISTS AND DESIGN BRICK AND MORTAR STORES TO THE ASHEVILLE DESIGN DISTRICT AREA. WE CURRENTLY MARKET TO ASHEVILLE AND ALL SURROUNDING AREAS. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| SEAN 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
- 2023-05-31
- 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 1,978 total 1,978”
Form 990-ez, Part II, Line 24
“Accounts receivable 0 6,200 total 0 6,200”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 0 2,750”
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 2022, asheville design district was able to attract 18 initial members. We have accomplished awareness in getting tourists and design brick and mortar stores to the asheville design district area. We currently market to asheville and all surrounding areas.”
Raw XML Appendix95 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/ApplicationPendingInd | 0 | X |
| 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/EOYAmt | 0 | 3316 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 11755 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 6766 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1313 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 9516 |
| IRS990EZ/GrossReceiptsAmt | 0 | 11755 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitialReturnInd | 0 | X |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 6766 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 6766 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | SEAN SULLIVAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 6200 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 1978 |
| 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/PrintingPublicationsPostageAmt | 0 | 1698 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | IN 2022, ASHEVILLE DESIGN DISTRICT WAS ABLE TO ATTRACT 18 INITIAL MEMBERS. WE HAVE ACCOMPLISHED AWARENESS IN GETTING TOURISTS AND DESIGN BRICK AND MORTAR STORES TO THE ASHEVILLE DESIGN DISTRICT AREA. WE CURRENTLY MARKET TO ASHEVILLE AND ALL SURROUNDING AREAS. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 2750 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 4989 |
| IRS990EZ/TotalRevenueAmt | 0 | 11755 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | ASHEVILLEDESIGNDISTRICT.COM |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES MARKETING 1,978 TOTAL 1,978 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 0 6,200 TOTAL 0 6,200 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 2,750 |
| 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 2022, ASHEVILLE DESIGN DISTRICT WAS ABLE TO ATTRACT 18 INITIAL MEMBERS. WE HAVE ACCOMPLISHED AWARENESS IN GETTING TOURISTS AND DESIGN BRICK AND MORTAR STORES TO THE ASHEVILLE DESIGN DISTRICT AREA. WE CURRENTLY MARKET TO ASHEVILLE AND ALL SURROUNDING AREAS. |
| 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 | 2023-04-26 12:10:37Z |
| 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 | 2023-05-31 |
| 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/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| 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 | 2024-01-29 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | STEVEN D FRANKLIN |
| ReturnHeader/ReturnTs | 0 | 2024-01-29T11:13:14-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | SEAN |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | SULLIVAN |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-06-10 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $9,516
- Liabilities
- $2,750
- Net assets
- $6,766
- Revenue
- $11,755
- Expenses
- $4,989
- Net income
- $6,766