Nonprofit · EIN 56-2040462
VERNER
Tax-exempt · ASHEVILLE, NC 28805
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $5,698,576 | $5,808,868 | -$110,292 | $5,107,906 | $450,797 | $4,657,109 |
| August 31, 2024 | 990 | $5,365,922 | $5,746,999 | -$381,077 | $5,045,075 | $319,913 | $4,725,162 |
| August 31, 2023 | 990 | $6,293,647 | $6,275,928 | $17,719 | $5,332,192 | $291,560 | $5,040,632 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $4,813,705
- of which government grants
- $3,218,754
- Program service revenue
- $792,447
- Investment income
- $69,646
- Net gain from sales of assets
- $38,028
- Net income from fundraising events
- -$9,887
- Other revenue
- $22,778
Expenses
- Grants and similar amounts paid
- $8,813
- Compensation of officers, directors and key employees
- $82,344
- Other salaries and wages
- $3,568,027
- Salaries, compensation and benefits (total)
- $4,239,873
- Professional fundraising fees
- $0
- Accounting fees
- $28,556
- Occupancy
- $77,669
- Travel
- $13,696
- Depreciation
- $224,966
- Program services (functional)
- $3,931,676
- Management and general (functional)
- $1,693,730
- Fundraising (functional)
- $183,462
Balance sheet and other
- Total assets, start of year
- $5,045,075
- Total assets, end of year
- $5,107,906
- Total liabilities, end of year
- $450,797
- Net assets, end of year
- $4,657,109
- Land, buildings and equipment
- $3,406,818
- Net assets without donor restrictions
- $3,362,386
- Net assets with donor restrictions
- $1,294,723
- Gross receipts
- $5,724,974
- Employees
- 127
- Volunteers
- 204
- Year formed
- 1997
- 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 August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARCIA WHITNEY | PRESIDENT AND CEO Highest-paid employee | 40 | $112,993 |
| CHRISTINE MALLOY | DIRECTOR Trustee or director | 1 | $0 |
| ANGIE WILLIFORD | DIRECTOR Trustee or director | 1 | $0 |
| GRACE HALL | CHAIR Trustee or director, Officer | 3 | $0 |
| DOLLY MULLEN | DIRECTOR Trustee or director | 1 | $0 |
| EMILY MUNN | DIRECTOR Trustee or director | 2 | $0 |
| LINDA HOBSON | DIRECTOR Trustee or director | 1 | $0 |
| SUSANNE WALKER WILSON | DIRECTOR Trustee or director | 1 | $0 |
| BRANDON OLIVER | SECRETARY Trustee or director, Officer | 1 | $0 |
| BARRY KAMPE | TREASURER Trustee or director, Officer | 1 | $0 |
| BETSY ERVIN | VICE CHAIR Trustee or director, Officer | 3 | $0 |
| SARA DUNCAN BOOTS | DIRECTOR Trustee or director | 2 | $0 |
| KATERI FLETES | DIRECTOR Trustee or director | 1 | $0 |
| JUDY VAN HORNE | DIRECTOR Trustee or director | 2 | $0 |
| ROSARIO VILLARREAL | DIRECTOR Trustee or director | 1 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANITHZA BAKER | DIRECTOR Trustee or director | 1 | $0 |
| ADARRELL GADSDEN | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended August 31, 2024: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARCIA WHITNEY | PRESIDENT AN Highest-paid employee | 40 | $117,196 |
| SARA DUNCAN BOOTS | DIRECTOR Trustee or director | 1 | $0 |
| ALINA CLARKE | DIRECTOR Trustee or director | 1 | $0 |
| BETSY ERVIN | DIRECTOR Trustee or director | 1 | $0 |
| KATERI FLETES | DIRECTOR Trustee or director | 1 | $0 |
| CHARLIE GLAZENER | CHAIR Trustee or director, Officer | 2 | $0 |
| GRACE HALL | VICE CHAIR Trustee or director, Officer | 1.5 | $0 |
| LINDA HOBSON | DIRECTOR Trustee or director | 1 | $0 |
| JUDY VAN HORNE | DIRECTOR Trustee or director | 1 | $0 |
| BARRY KAMPE | TREASURER Trustee or director, Officer | 1.5 | $0 |
| PATSY KEEVER | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTINE MALLOY | DIRECTOR Trustee or director | 1 | $0 |
| DOLLY MULLEN | DIRECTOR Trustee or director | 1 | $0 |
| EMILY MUNN | DIRECTOR Trustee or director | 1 | $0 |
| BRANDON OLIVER | SECRETARY Trustee or director, Officer | 1 | $0 |
| ROSARIO VILLARREAL | DIRECTOR Trustee or director | 1 | $0 |
| PAT WALLENBORN | DIRECTOR Trustee or director | 1 | $0 |
| ANGIE WILLIFORD | DIRECTOR Trustee or director | 1 | $0 |
| SUSANNE WALKER WILSON | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended August 31, 2023: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEAH BROKER | DIRECTOR Trustee or director | 1 | $0 |
| ALINA CLARKE | DIRECTOR Trustee or director | 1 | $0 |
| CHRIS CRAWFORD | TREASURER/PA Trustee or director, Officer | 3 | $0 |
| BETSY ERVIN | DIRECTOR Trustee or director | 1 | $0 |
| CHARLIE GLAZENER | CHAIR Trustee or director, Officer | 3 | $0 |
| GRACE HALL | VICE CHAIR Trustee or director, Officer | 3 | $0 |
| LINDA HOBSON | DIRECTOR Trustee or director | 1 | $0 |
| BARRY KAMPE | DIRECTOR Trustee or director | 1 | $0 |
| PATSY KEEVER | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTINE MALLOY | DIRECTOR Trustee or director | 1 | $0 |
| DOLLY MULLEN | DIRECTOR Trustee or director | 1 | $0 |
| EMILY MUNN | DIRECTOR Trustee or director | 1 | $0 |
| BRANDON OLIVER | DIRECTOR Trustee or director | 1 | $0 |
| CHRIS SPARKS | SECRETARY Trustee or director, Officer | 3 | $0 |
| PAT WALLENBORN | DIRECTOR Trustee or director | 1 | $0 |
| ANGIE WILLIFORD | DIRECTOR Trustee or director | 1 | $0 |
| SUSANNE WALKER WILSON | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2586 RICEVILLE RD, ASHEVILLE, NC 28805-9793
- Principal officer (990 for 2024)
- GRACE HALL, 57 GREENWELLS GLORY DRIVE, BILTMORE LAKE, NC 28715
- Signed the 990
- MARCIA WHITNEY, PRESIDENT & CEO
- Phone
- (828) 298-0808
- Website
- WWW.VERNEREARLYLEARNING.ORG
- Return prepared by
- 1SOURCE PARTNERS
Mission
VERNER DELIVERS HIGH-QUALITY EDUCATIONAL AND RELATIONSHIP-BASED LEARNING ENVIRONMENTS (FROM PRENATAL TO PRE-KINDERGARTEN), WHERE EVERY INDIVIDUAL (CHILD, FAMILY, STAFF, AND FACULTY MEMBER) IS VALUED AND RESPECTED. OUR PROGRAMMING IS COMPREHENSIVE, CULTURALLY MEANINGFUL, RESILIENCY-FOCUSED, TRAUMA-RESPONSIVE, AND CHILD- AND FAMILY-CENTERED. WE CONNECT WITH FAMILIES AND EARLY EDUCATION PARTNERS TO PROVIDE INTEGRATED SERVICES. WE SUPPORT FAMILY WELL-BEING THROUGHOUT A CHILD'S DEVELOPMENT, SO OUR WHOLE COMMUNITY CAN LEAD HEALTHY, HAPPY, AND PRODUCTIVE LIVES.
Program accomplishments
- HIGH QUALITY EARLY CARE AND EDUCATION IS PROVIDED TO A CAPACITY OF OVER 200 CHILDREN AGES 6 WEEKS TO 5 YEARS, 3/4 TIME TO FULL TIME (FIVE DAYS PER WEEK UP TO 9 HOURS PER DAY THROUGHOUT BUNCOMBE COUNTY IN TWO CENTERS).Expenses $2,976,768 · grants $8,813 · revenue $792,447
- HOME VISITORS-VERNER OFFERS HOME VISITING PROGRAM FOR EXPECTANT FAMILIES AND YOUNG CHILDREN FROM BIRTH TO THREE YEARS AS PART OF EARLY HEAD START. APPROXIMATELY 66 LOW-INCOME FAMILIES ARE SERVED ANNUALLY THROUGHOUT BUNCOMBE COUNTY.Expenses $521,786
- PROVIDE PROPER NUTRITION FOR THE CHILDREN IN THE CHILDCARE AND EARLY HEADSTART PROGRAMS THROUGH AN AWARD WINNING "RAINBOW IN MY TUMMY" PROGRAM.Expenses $433,122
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 August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 56-2040462
- 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
- 1998
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20I)
- Assets (IRS master file)
- $5,107,906
- Income (IRS master file)
- $5,724,974
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $5,698,576 | $5,808,868 | $5,107,906 | XML |
| 990 | August 2024 | $5,365,922 | $5,746,999 | $5,045,075 | XML |
| 990 | August 2023 | $6,293,647 | $6,275,928 | $5,332,192 | XML |
| 990 | August 2022 | $6,425,049 | $5,371,611 | $6,538,591 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2019 | – | – | – | IRS |
| 990 | August 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 56-2040462).
Questions about VERNER
- What is the EIN of VERNER?
- The employer identification number (EIN) of VERNER is 56-2040462.
- Is VERNER tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to VERNER tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VERNER 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 VERNER due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VERNER last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of VERNER?
- The 990 for the year ended August 31, 2025 names GRACE HALL.
- Who are the officers and directors of VERNER?
- The 990 for the year ended August 31, 2025 lists 17 people; 1 received compensation from the organization, the highest $112,993 (MARCIA WHITNEY, PRESIDENT AND CEO).
- How much revenue does VERNER have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $5,698,576, expenses of $5,808,868 and total assets of $5,107,906 at year end.
Other nonprofits in ASHEVILLE
- DOGWOOD HEALTH TRUST EIN 83-0590696 · last filed 990-PF for 2024
- THE COMMUNITY FOUNDATION OF WESTERN NORTH CAROLINA INC EIN 56-1223384 · last filed 990 for 2025
- UNITED WAY OF ASHEVILLE & BUNCOMBE COUNTY INC EIN 56-0576157 · last filed 990 for 2025
- WNC BRIDGE FOUNDATION EIN 56-2110357 · last filed 990 for 2024
- MOUNTAIN BIZCAPITAL INC EIN 14-1864873 · last filed 990 for 2025
- MOROSANI FOUNDATION EIN 82-3813375 · last filed 990-PF for 2025
- TZEDEK SOCIAL JUSTICE FUND EIN 81-4130127 · last filed 990-PF for 2024
- ASHEVILLE AREA CHAMBER OF COMMERCE COMMUNITY BETTERMENT FOUNDATION EIN 56-1762978 · last filed 990 for 2025
All nonprofits in ASHEVILLE · North Carolina · Philanthropy, voluntarism and grantmaking foundations