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Nonprofit · EIN 81-0757744

ASHEVILLE POVERTY INITIATIVE

Tax-exempt · ASHEVILLE, NC 28806

Financials

$216K$198K2023$549K$326K2024$605K$412K2025
Revenue Expenses · by fiscal year end
Financials of ASHEVILLE POVERTY INITIATIVE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$604,660$412,399$192,261$686,666$10,577$676,089
December 31, 2024990$548,987$326,429$222,558$499,950$16,122$483,828
December 31, 2023990$216,222$197,647$18,575$268,588$7,318$261,270
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$603,845
of which government grants
$3,016
Program service revenue
$3,024
Investment income
$12,326
Net income from fundraising events
-$17,399
Net income from gaming
$2,447
Net income from sales of inventory
-$254
Other revenue
-$14,535

Expenses

Grants and similar amounts paid
$340
Compensation of officers, directors and key employees
$86,000
Salaries, compensation and benefits (total)
$279,603
Professional fundraising fees
$0
Legal fees
$2,150
Accounting fees
$5,230
Occupancy
$53,414
Travel
$1,889
Depreciation
$8,093
Program services (functional)
$342,479
Management and general (functional)
$32,004
Fundraising (functional)
$37,916

Balance sheet and other

Total assets, start of year
$499,950
Total assets, end of year
$686,666
Total liabilities, end of year
$10,577
Net assets, end of year
$676,089
Land, buildings and equipment
$37,669
Net assets without donor restrictions
$522,691
Net assets with donor restrictions
$153,398
Gross receipts
$631,261
Employees
8
Volunteers
100
Year formed
2016
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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Ben WilliamsonExecutive Director
Officer
40$86,000
Kimberleigh WellsBoard Chair
Trustee or director, Officer
4$0
Philip LeonardTreasurer
Trustee or director, Officer
20$0
Bill BuchananSecretary
Trustee or director, Officer
2$0
Kyle YoderIncoming Treasurer
Trustee or director
5$0
TJ AmosBoard Member
Trustee or director
2$0
Micah BlaiseBoard Member - left mid-year
Trustee or director
2$0
Anson CookeBoard Member
Trustee or director
2$0
Leslee JohnsonBoard Member
Trustee or director
2$0
Steve LeventerBoard Member
Trustee or director
2$0
Shaad BellamyBoard Member - left mid-year
Trustee or director
2$0
Shunyu HuangBoard Member
Trustee or director
2$0
Stacey SparksBoard Member
Trustee or director
2$0
Andy ThomasBoard Member
Trustee or director
2$0
Taija VentrellaBoard Member
Trustee or director
2$0
990 for the year ended December 31, 2024: 10 people
NameTitleHours / weekCompensation
Ben WilliamsonExecutive Director
Officer
40$71,032
Shaad BellamyBoard Member
Trustee or director
2$1,633
TJ AmosBoard Member
Trustee or director
2$506
Kimberleigh WellsBoard Chair
Trustee or director, Officer
3$0
Philip LeonardTreasurer
Trustee or director, Officer
20$0
Bill BuchananSecretary
Trustee or director, Officer
2$0
Melissa HarrisBoard Member
Trustee or director
2$0
Steve LeventerBoard Member
Trustee or director
2$0
Shunyu HuangBoard Member
Trustee or director
2$0
Taija VentrellaBoard Member
Trustee or director
2$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
Kimberleigh WellsBoard Chair
Trustee or director, Officer
10$0
Philip LeonardTreasurer
Trustee or director, Officer
20$0
Bill BuchananSecretary
Trustee or director, Officer
2$0
Melissa HarrisBoard Member
Trustee or director
2$0
TJ AmosBoard Member
Trustee or director
2$0
Steve LeventerBoard Member
Trustee or director
20$0
Michael PoulosBoard Member
Trustee or director
2$0

Address and contacts

Address (IRS master file)
610 HAYWOOD RD STE B, ASHEVILLE, NC 28806-3269
In care of
% SHANNON SPENCER
Mailing address (990-N for 2016)
789 Merrimon Ave, Asheville NC 28804
Principal officer (990 for 2025)
Kyle Yoder, 610 Haywood Road Ste B, Asheville, NC 28806
Principal officer (990-N for 2016)
Shannon Spencer, 789 Merrimon Ave, Asheville NC 28804
Signed the 990
Kyle Yoder, Treasurer
Phone
(828) 222-0393
Return prepared by
CORLISS & SOLOMON PLLC

Mission

The mission of Asheville Poverty Initiative is to build community and educate about the realities of poverty.

990 for the year ended December 31, 2025

Program accomplishments

  • Asheville Poverty Initiative advances its mission to build community and educate about the realities of poverty through two primary programs: 12 Baskets Cafe and the Realities of Poverty Education Program. In 2025, services expanded following Tropical Storm Helene, providing consistent access to food, resources, and community connection while elevating the voices of individuals with lived experience of poverty. Programs were supported by approximately 100 volunteers contributing about 10,500 hours of service.
    Expenses $342,479 · grants $340 · revenue $3,024
  • 12 Baskets Cafe provided free community meals and grocery distribution rooted in dignity and abundance. In 2025, the cafe served approximately 200 meals per lunch service, totaling more than 40,000 meals. The free grocery store distributed approximately 24,000 bags of groceries annually, while partnerships with local food businesses enabled the program to divert an estimated 180,000 pounds of food each year from landfills and redistribute it to community members. The cafe also hosted mutual aid partners and supportive services that foster community connection and access to resources.
  • The Realities of Poverty Education Program hosted 35 educational activities reaching approximately 640 participants through poverty walks, panel discussions, and storytelling events led by educators with lived experience. Program leaders also shared community perspectives before Asheville City Council to encourage compassionate responses to poverty and homelessness.

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-0757744
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
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$686,666
Income (IRS master file)
$631,261

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$604,660$412,399$686,666XML
990December 2024$548,987$326,429$499,950XML
990December 2023$216,222$197,647$268,588XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990December 2020–––IRS
990-N for 2016
Officer: Shannon Spencer
December 31, 2016≤ $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 81-0757744).

Questions about ASHEVILLE POVERTY INITIATIVE

What is the EIN of ASHEVILLE POVERTY INITIATIVE?
The employer identification number (EIN) of ASHEVILLE POVERTY INITIATIVE is 81-0757744.
Is ASHEVILLE POVERTY INITIATIVE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to ASHEVILLE POVERTY INITIATIVE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ASHEVILLE POVERTY INITIATIVE 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 ASHEVILLE POVERTY INITIATIVE due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ASHEVILLE POVERTY INITIATIVE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of ASHEVILLE POVERTY INITIATIVE?
The 990 for the year ended December 31, 2025 names Kyle Yoder.
Who are the officers and directors of ASHEVILLE POVERTY INITIATIVE?
The 990 for the year ended December 31, 2025 lists 15 people; 1 received compensation from the organization, the highest $86,000 (Ben Williamson, Executive Director).
How much revenue does ASHEVILLE POVERTY INITIATIVE have?
On its 990 for the year ended December 31, 2025 it reported revenue of $604,660, expenses of $412,399 and total assets of $686,666 at year end.

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