Nonprofit · EIN 27-0349536
FRENCH BROAD RIVER ACADEMY INC
Also known as FRENCH BROAD RIVER ACADEMY
Tax-exempt · ASHEVILLE, NC 28804
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,170,910 | $4,418,932 | -$248,022 | $5,986,880 | $2,402,938 | $3,583,942 |
| June 30, 2024 | 990 | $3,570,388 | $3,615,470 | -$45,082 | $6,255,931 | $2,423,967 | $3,831,964 |
| June 30, 2023 | 990 | $4,177,601 | $3,179,504 | $998,097 | $6,513,228 | $2,636,100 | $3,877,128 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,126,446
- Program service revenue
- $2,839,279
- Investment income
- $98,419
- Net gain from sales of assets
- $13,341
- Net income from fundraising events
- $17,270
- Net income from sales of inventory
- $6,470
- Other revenue
- $106,766
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $104,391
- Other salaries and wages
- $1,847,217
- Salaries, compensation and benefits (total)
- $2,205,770
- Professional fundraising fees
- $0
- Legal fees
- $5,263
- Accounting fees
- $67,126
- Occupancy
- $144,221
- Travel
- $41,614
- Depreciation
- $157,500
- Program services (functional)
- $3,706,804
- Management and general (functional)
- $536,228
- Fundraising (functional)
- $175,900
Balance sheet and other
- Total assets, start of year
- $6,255,931
- Total assets, end of year
- $5,986,880
- Total liabilities, end of year
- $2,402,938
- Net assets, end of year
- $3,583,942
- Land, buildings and equipment
- $4,425,604
- Publicly traded securities
- $1,007,636
- Net assets without donor restrictions
- $3,387,105
- Net assets with donor restrictions
- $196,837
- Gross receipts
- $4,179,115
- Employees
- 69
- Volunteers
- 67
- Year formed
- 2009
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILL YEISER | EXECUTIVE DI Officer | 40 | $104,392 | $810 |
| SHARON BAKER | VICE CHAIR Trustee or director | 1 | $0 | $0 |
| ALLISON BLAKE | MEMBER AT LA Trustee or director | 1 | $0 | $0 |
| LAURA BOWERS | MEMBER AT LA Trustee or director | 1 | $0 | $0 |
| RICHARD CARRELL | TREASURER Trustee or director | 1 | $0 | $0 |
| JOHN DOUGLAS | CHAIR Trustee or director | 1 | $0 | $0 |
| MELANIE GRIFFIN | MEMBER AT LA Trustee or director | 1 | $0 | $0 |
| DAVID L'EGLISE | MEMBER AT LA Trustee or director | 1 | $0 | $0 |
| SARAH MARTIN | MEMBER AT LA Trustee or director | 1 | $0 | $0 |
| PAUL MASHBURN | SECRETARY Trustee or director | 1 | $0 | $0 |
| YOUNG PERRY | MEMBER AT LA Trustee or director | 1 | $0 | $0 |
| MARGARET QUARRIER | MEMBER AT LA Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILL YEISER | EXECUTIVE DI Officer | 40 | $101,382 | $3,041 |
| JOHN DOUGLAS | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| SHARON BAKER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| RICHARD CARRELL | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| PAUL MASHBURN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| YOUNG PERRY | MEMBER AT LA Trustee or director | 1 | $0 | $0 |
| SARAH MARTIN | MEMBER AT LA Trustee or director | 1 | $0 | $0 |
| LAURA BOWERS | MEMBER AT LA Trustee or director | 1 | $0 | $0 |
| MELANIE GRIFFIN | MEMBER AT LA Trustee or director | 1 | $0 | $0 |
| DAVID L'EGLISE | MEMBER AT LA Trustee or director | 1 | $0 | $0 |
| ALLISON BLAKE | MEMBER AT LA Trustee or director | 1 | $0 | $0 |
| MARGARET QUARRIER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TRICIA CHAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| FELIX DOWSLEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARGE SHONNARD | CHAIR THRU 4 Trustee or director, Officer | 1 | $0 | $0 |
| BRIAN ASBILL | VICE CHAIR T Trustee or director, Officer | 1 | $0 | $0 |
| FELISA MORGAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| AL SIEMENS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILL YEISER | EXECUTIVE DI Officer | 40 | $83,894 | $6,504 |
| MARGE SHONNARD | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| BRIAN ASBILL | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| SHARON SCHULZ | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| LAURA BOWERS | MEMBER AT LA Trustee or director | 1 | $0 | $0 |
| SARAH MARTIN | MEMBER AT LA Trustee or director | 1 | $0 | $0 |
| RICHARD CARRELL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| FELISA MORGAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| YOUNG PERRY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| AL SIEMENS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KAREN BRAYBOY | TREASURER TH Trustee or director, Officer | 1 | $0 | $0 |
| GORDON GRANT | BOARD MBR TH Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1990 RIVERSIDE DR, ASHEVILLE, NC 28804-0034
- Principal officer (990 for 2024)
- WILL YEISER, 1990 RIVERSIDE DR, ASHEVILLE, NC 28804
- Signed the 990
- WILL YEISER, EXECUTIVE DIRECTOR
- Phone
- (828) 348-4320
- Website
- WWW.FBRA-AVL.ORG
- Return prepared by
- SULLIVAN & SULLIVAN PLLC
Mission
TO BUILD CHARACTER AND INTEGRITY FOR A LIFETEME OF LEARNING, SERVICE, AND LEADERSHIP.
Program accomplishments
- ACADEMICS: A PROGRAM THAT IMPLEMENTS BEST PRACTICES WITH AN INTERDISCIPLINARY, EXPERIENTIAL LEARNING STYLE TO ENSURE THAT ALL STUDENTS ARE PROVIDED WITH THE BASE OF KNOWLEDGE AND CRITICAL THINKING SKILLS NEEDED TO SUCCEED IN HIGH SCHOOL, COLLEGE, AND THE INCREASINGLY COMPETITIVE WORLD.Expenses $3,706,804 · revenue $2,839,279
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 27-0349536
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2009
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24)
- Assets (IRS master file)
- $5,986,880
- Income (IRS master file)
- $4,179,115
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,170,910 | $4,418,932 | $5,986,880 | XML |
| 990 | June 2024 | $3,570,388 | $3,615,470 | $6,255,931 | XML |
| 990 | June 2023 | $4,177,601 | $3,179,504 | $6,513,228 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-0349536).
Questions about FRENCH BROAD RIVER ACADEMY INC
- What is the EIN of FRENCH BROAD RIVER ACADEMY INC?
- The employer identification number (EIN) of FRENCH BROAD RIVER ACADEMY INC is 27-0349536.
- Is FRENCH BROAD RIVER ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to FRENCH BROAD RIVER ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FRENCH BROAD RIVER ACADEMY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FRENCH BROAD RIVER ACADEMY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FRENCH BROAD RIVER ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of FRENCH BROAD RIVER ACADEMY INC?
- The 990 for the year ended June 30, 2025 names WILL YEISER.
- Who are the officers and directors of FRENCH BROAD RIVER ACADEMY INC?
- The 990 for the year ended June 30, 2025 lists 12 people; 1 received compensation from the organization, the highest $104,392 (WILL YEISER, EXECUTIVE DI).
- How much revenue does FRENCH BROAD RIVER ACADEMY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,170,910, expenses of $4,418,932 and total assets of $5,986,880 at year end.
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