Nonprofit · EIN 27-2581580
READ TO SUCCEED ASHEVILLE
Tax-exempt · ASHEVILLE, NC 28806
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $591,834 | $523,736 | $68,098 | $125,147 | $919 | $124,228 |
| June 30, 2024 | 990 | $563,391 | $558,354 | $5,037 | $88,146 | $24,247 | $63,899 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $591,834
- of which government grants
- $168,198
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $284,263
- Other salaries and wages
- $63,546
- Salaries, compensation and benefits (total)
- $393,724
- Professional fundraising fees
- $0
- Accounting fees
- $4,250
- Travel
- $3,599
- Program services (functional)
- $371,622
- Management and general (functional)
- $119,802
- Fundraising (functional)
- $32,312
Balance sheet and other
- Total assets, start of year
- $88,146
- Total assets, end of year
- $125,147
- Total liabilities, end of year
- $919
- Net assets, end of year
- $124,228
- Net assets without donor restrictions
- $124,228
- Gross receipts
- $591,834
- Employees
- 10
- Year formed
- 2011
- 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 |
|---|---|---|---|
| Ashley Allen | Executive Dir. Officer | 40 | $74,691 |
| Jessica McLean | Executive Dir. Officer | 40 | $74,691 |
| Gerri Stover | Board Presiden Trustee or director | 2 | $0 |
| Betty Young | Board Vice Pre Trustee or director | 2 | $0 |
| Linda Freshwat | Board Vice Pre Trustee or director | 1 | $0 |
| Stephen Edge | Board Treasure Trustee or director | 1 | $0 |
| Beth Kickert | Board Secretar Trustee or director | 1 | $0 |
| Thomas Prieste | Board Member Trustee or director | 1 | $0 |
| Robert Butler | Board Member Trustee or director | 1 | $0 |
| Tera Coffey | Board Member Trustee or director | 1 | $0 |
| Justin Thompso | Board Member Trustee or director | 1 | $0 |
| Victoria Rober | Board Presiden Trustee or director, Former | 2 | $0 |
| Julie Adkins | Board Vice Pre Trustee or director, Former | 2 | $0 |
| Anna Herring | Board Secretar Trustee or director, Former | 2 | $0 |
| Heidi Clark | Board Treasure Trustee or director, Former | 2 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Katherine Bagg | Board Member Trustee or director, Former | 1 | $0 |
| Christina Hugh | Board Member Trustee or director, Former | 1 | $0 |
| Terika Pearcy | Board Member Trustee or director, Former | 1 | $0 |
990 for the year ended June 30, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ashley Allen | Executive Dir. Trustee or director, Officer | 40 | $67,207 |
| Jessica McLean | Executive Dir. Trustee or director, Officer | 40 | $66,950 |
Address and contacts
- Address (IRS master file)
- 16 STEWART ST APT A, ASHEVILLE, NC 28806-4171
- In care of
- % READ TO SUCCEED ASHEVILLE
- Mailing address (990-N for 2015)
- PO Box 18652, Asheville NC 28814
- Principal officer (990 for 2024)
- JESSICA MCLEAN, PO BOX 18652, ASHEVILLE, NC 28814
- Principal officer (990-N for 2015)
- Patricia Bastian, 5 Knoll Hill, Black Mountain NC 28711
- Signed the 990
- STEPHEN EDGE, TREASURER
- Phone
- (828) 747-2277
- Website
- www.r2sasheville.org
- Return prepared by
- BP Bookkeeping LLC
Mission
TO HELP CLOSE THE RACE-BASED OPPORTUNITY GAP THROUGH COMMUNITY- POWERED LITERACY PROGRAMMING THAT ENGAGES CHILDREN, FAMILIES, AND COMMUNITY PARTNERS.
Program accomplishments
- Read to Succeed Asheville/Buncome is on a mission to help close theExpenses $371,622
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
- 27-2581580
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B92)
- Assets (IRS master file)
- $125,147
- Income (IRS master file)
- $591,834
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $591,834 | $523,736 | $125,147 | XML |
| 990 | June 2024 | $563,391 | $558,354 | $88,146 | IRS |
| 990 | June 2023 | $451,342 | $469,128 | $70,641 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-N for 2015 Officer: Patricia Bastian | December 31, 2015 | ≤ $50,000 receipts | – | – | e-Postcard |
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 27-2581580).
Questions about READ TO SUCCEED ASHEVILLE
- What is the EIN of READ TO SUCCEED ASHEVILLE?
- The employer identification number (EIN) of READ TO SUCCEED ASHEVILLE is 27-2581580.
- Is READ TO SUCCEED ASHEVILLE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to READ TO SUCCEED ASHEVILLE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does READ TO SUCCEED ASHEVILLE 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 READ TO SUCCEED ASHEVILLE 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 READ TO SUCCEED ASHEVILLE 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 READ TO SUCCEED ASHEVILLE?
- The 990 for the year ended June 30, 2025 names JESSICA MCLEAN.
- Who are the officers and directors of READ TO SUCCEED ASHEVILLE?
- The 990 for the year ended June 30, 2025 lists 18 people; 2 received compensation from the organization, the highest $74,691 (Ashley Allen, Executive Dir.).
- How much revenue does READ TO SUCCEED ASHEVILLE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $591,834, expenses of $523,736 and total assets of $125,147 at year end.
Other nonprofits in ASHEVILLE
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- ASHEVILLE SCHOOL INCORPORATED EIN 56-0530248 · last filed 990 for 2025
- CAROLINA DAY SCHOOL INC EIN 56-0125490 · last filed 990 for 2025
- INVEST COLLEGIATE IMAGINE INC EIN 82-2635693 · last filed 990 for 2025
- FRANKLIN SCHOOL OF INNOVATION INC EIN 46-1548530 · last filed 990 for 2025
- BUNCOMBE COUNTY PARTNERSHIP FOR CHILDREN INC EIN 56-1942178 · last filed 990 for 2025
- UNIVERSITY OF NORTH CAROLINA AT ASHEVILLE FOUNDATION INC EIN 23-7073829 · last filed 990 for 2025
- EVERGREEN COMMUNITY CHARTER SCHOOL EIN 56-2094405 · last filed 990 for 2025