Nonprofit · EIN 56-1761842
ASHEBORO CITY SCHOOLS EDUCATION FOUNDATION
Tax-exempt · ASHEBORO, NC 27204
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $64,452 | $82,012 | -$17,560 | $1,013,267 | $0 | $1,013,267 |
| June 30, 2024 | 990 | $94,776 | $53,241 | $41,535 | $986,347 | $0 | $986,347 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $38,059
- Program service revenue
- $0
- Investment income
- $26,393
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $63,090
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $63,090
- Management and general (functional)
- $18,922
Balance sheet and other
- Total assets, start of year
- $986,347
- Total assets, end of year
- $1,013,267
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,013,267
- Publicly traded securities
- $619,118
- Net assets without donor restrictions
- $49,347
- Net assets with donor restrictions
- $963,920
- Gross receipts
- $64,452
- Employees
- 0
- Volunteers
- 9
- Year formed
- 1991
- 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 |
|---|---|---|---|
| Carla Freemyer | Member at Large Trustee or director | 2 | $0 |
| Carle Hall | Member at Large Trustee or director | 0.25 | $0 |
| Sam Ramsey | Member at Large Trustee or director | 0.25 | $0 |
| Janice Kite | Member at Large Trustee or director | 0.25 | $0 |
| Kathryn Lail | Member at Large Trustee or director | 0.25 | $0 |
| Sandra Spivey | Vice President Officer | 0.5 | $0 |
| Aaron Woody | President Officer | 0.25 | $0 |
| Kristen Wright | Treasurer Officer | 3 | $0 |
| Chandra Manning | Secretary Officer | 2 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Sandra Spivey | Vice President Officer | 0.5 | $0 | $9 |
| Carla Freemyer | Member at Large Trustee or director | 2 | $0 | $0 |
| Carle Hall | Member at Large Trustee or director | 0.25 | $0 | $0 |
| Sam Ramsey | Member at Large Trustee or director | 0.25 | $0 | $0 |
| Janice Kite | Member at Large Trustee or director | 0.25 | $0 | $0 |
| Kathryn Lail | Member at Large Trustee or director | 0.25 | $0 | $0 |
| Aaron Woody | President Officer | 0.25 | $0 | $0 |
| Kristen Wright | Treasurer Officer | 3 | $0 | $0 |
| Mikayla Smith | Secretary Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1103, ASHEBORO, NC 27204-1103
- In care of
- % B HAROLD BLAIR JR
- Principal officer (990 for 2024)
- Kristen Wright, 1126 South Park Street, Asheboro, NC 27203
- Signed the 990
- Kristen Wright, Treasurer
- Phone
- (336) 625-5104
Mission
To award scholarships to seniors graduating from Asheboro High School and attending institutions of higher learning. Also to provide a conduit for public donations that are intended to be paid to Asheboro City Schools for upgrades of facilities and supplementation of educational programs.
Program accomplishments
- The Asheboro City Schools Education Foundation receives monetary donations from the public and uses them to award scholarships to seniors from Asheboro High School who are attending institutions of higher learning upon graduation. For the year ending June 30, 2025, the Asheboro City Schools Education Foundation awarded scholarships to 27 seniors (paid directly to their respective institutions of higher learning) totaling $38,500.Expenses $38,500 · grants $38,500 · revenue $26,393
- The Asheboro City Schools Education Foundation accepted a donation in the amount of $15,000 that was intended to be used for improvements to the athletic track at South Asheboro Middle School.Expenses $15,000 · grants $15,000
- The Asheboro City Schools Education Foundation accepted a donation in the amount of $9,590 that was intended to be used to fund internship opportunities in the medical field for Asheboro High School students.Expenses $9,590 · grants $9,590
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
- 56-1761842
- 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
- 1992
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82Z)
- Assets (IRS master file)
- $1,013,267
- Income (IRS master file)
- $64,452
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $64,452 | $82,012 | $1,013,267 | XML |
| 990 | June 2024 | $94,776 | $53,241 | $986,347 | XML |
| 990 | June 2023 | $251,574 | $83,628 | $878,983 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | 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 56-1761842).
Questions about ASHEBORO CITY SCHOOLS EDUCATION FOUNDATION
- What is the EIN of ASHEBORO CITY SCHOOLS EDUCATION FOUNDATION?
- The employer identification number (EIN) of ASHEBORO CITY SCHOOLS EDUCATION FOUNDATION is 56-1761842.
- Is ASHEBORO CITY SCHOOLS EDUCATION FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to ASHEBORO CITY SCHOOLS EDUCATION FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ASHEBORO CITY SCHOOLS EDUCATION FOUNDATION 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 ASHEBORO CITY SCHOOLS EDUCATION FOUNDATION 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 ASHEBORO CITY SCHOOLS EDUCATION FOUNDATION 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 ASHEBORO CITY SCHOOLS EDUCATION FOUNDATION?
- The 990 for the year ended June 30, 2025 names Kristen Wright.
- Who are the officers and directors of ASHEBORO CITY SCHOOLS EDUCATION FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does ASHEBORO CITY SCHOOLS EDUCATION FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $64,452, expenses of $82,012 and total assets of $1,013,267 at year end.
Other nonprofits in ASHEBORO
- UWHARRIE GREEN SCHOOL INC EIN 45-2400428 · last filed 990 for 2025
- RANDOLPH COUNTY PARTNERSHIP FOR CHILDREN INC EIN 31-1612024 · last filed 990 for 2025
- COMMUNITIES IN SCHOOLS OF RANDOLPH COUNTY EIN 56-2034974 · last filed 990 for 2025
- JOHN S SWAIM MEMORIAL SCHOLARSHIP FUND EIN 56-2123531 · last filed 990-PF for 2024
- BALFOUR ELEMENTARY PTO EIN 87-3574427 · last filed 990-N for 2025
- RANDOLPH COUNTY COMMUNITY RESOURCE COUNCIL EIN 56-2162043 · last filed 990-N for 2025
- FARMER ELEMENTARY SCHOOL PARENT TEACHER ORGANIZATION EIN 99-4695851 · last filed 990-N for 2025
- YAHUSHA ACADEMY EIN 93-1433484 · last filed 990-N for 2025