Old School - Asheville is a 501(c)(3) organization based in Weaverville, North Carolina, registered in 2014, with $77,276 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$77K
▲ 234.5% vs prior year
Religion median: $139K
Expenses (FY2024)
$143K
Net assets
$828K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Old School - Asheville— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Old School - Asheville: 69 mo reserves · -86% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Old School - Asheville— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Old School - Asheville: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $1.6M (FY2019) to $77K (FY2024) across 6 reported years.
Financial snapshot
Operating margin
-85.5%
Spent more than it raised in the latest fiscal year.
Total assets
$836K
Total liabilities
$7,698
Net assets
$828K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $77,276▲234% | $143,369▼51.2% | $828,057▼7.4% | $835,755▼6.9% | 990PF |
| 2023 | $23,104▲64.9% | $293,606▲16.3% | $894,150▼23.2% | $897,829▼22.9% | 990PF |
| 2022 | $14,009▼6.1% | $252,490▲100% | $1,164,652▼17.0% | $1,164,652▼17.0% | 990 |
| 2021 | $14,917▲8.4% | $126,190▲1.0% | $1,403,133▼7.3% | $1,403,133▼7.3% | 990 |
| 2020 | $13,761▼99.1% | $125,000▲2136% | $1,514,406▼6.8% | $1,514,406▼6.8% | 990 |
| 2019 | $1,616,608 | $5,591 | $1,625,645 | $1,625,645 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Old School - Asheville (EIN 46-2457688) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.