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French Broad River Academy Inc

French Broad River Academy

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Primary, Elementary Schools (NTEE)

Donations to this organization are tax deductible.

Details

According to its June 2023 tax filing, this nonprofit:

Operated a school
Organization is a school. Details are reported on Schedule E.

Summary charts: organization finances over time

Revenue
$4.18M (2023)

Expenses
$3.18M (2023)

Total Assets
$6.51M (2023)

Total Liabilities
$2.64M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,177,601
Expenses
$3,179,504
Net Income
$998,097
Net Assets
$3,877,128
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,153,672
27.6%
Program Services $2,897,528
69.4%
Investment Income $41,847
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $6,158
0.1%
Sales of Assets $34,618
0.8%
Net Inventory Sales $5,513
0.1%
Other Revenue $38,265
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $102,515
3.2%
Professional Fundraising Fees $0
Other Salaries and Wages $1,553,553
48.9%
Assets/Debt
Total Assets $6,513,228
Total Liabilities $2,636,100
Net Assets $3,877,128
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Will Yeiser (Executive Di) $83,894 $0 $6,504
Marge Shonnard (Chair) $0 $0 $0
Brian Asbill (Vice Chair) $0 $0 $0
Sharon Schulz (Secretary) $0 $0 $0
Laura Bowers (Member At La) $0 $0 $0
Sarah Martin (Member At La) $0 $0 $0
Richard Carrell (Board Member) $0 $0 $0
Felisa Morgan (Board Member) $0 $0 $0
Young Perry (Board Member) $0 $0 $0
Al Siemens (Board Member) $0 $0 $0
Karen Brayboy (Treasurer Th) $0 $0 $0
Gordon Grant (Board Mbr Th) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,410,217
Expenses
$3,024,363
Net Income
$385,854
Net Assets
$2,914,196
Notable Sources of Revenue Percent of Total Revenue
Contributions $607,020
17.8%
Program Services $2,759,205
80.9%
Investment Income $2,720
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $10,246
0.3%
Sales of Assets $0
Net Inventory Sales $5,398
0.2%
Other Revenue $25,628
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $102,036
3.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,483,386
49.0%
Assets/Debt
Total Assets $5,750,033
Total Liabilities $2,835,837
Net Assets $2,914,196
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Will Yeiser (Executive Di) $82,881 $0 $6,442
Marge Shonnard (Chair) $0 $0 $0
Brian Asbill (Vice Chair) $0 $0 $0
Karen Brayboy (Treasurer) $0 $0 $0
Richard Carrell (Secretary) $0 $0 $0
Sharon Baker (Board Member) $0 $0 $0
Gordon Grant (Board Member) $0 $0 $0
Felisa Morgan (Board Member) $0 $0 $0
Young Perry (Board Member) $0 $0 $0
Al Siemens (Board Member) $0 $0 $0
Amelia Hodges (Sec Thru 11/) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,531,746
Expenses
$2,781,675
Net Income
$750,071
Net Assets
$2,540,300
Notable Sources of Revenue Percent of Total Revenue
Contributions $925,245
26.2%
Program Services $2,526,075
71.5%
Investment Income $1,840
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $36,000
1.0%
Net Fundraising $9,742
0.3%
Sales of Assets $16,225
0.5%
Net Inventory Sales $5,783
0.2%
Other Revenue $10,836
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $99,632
3.6%
Professional Fundraising Fees $0
Other Salaries and Wages $1,451,826
52.2%
Assets/Debt
Total Assets $5,800,649
Total Liabilities $3,260,349
Net Assets $2,540,300
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Will Yeiser (Executive Di) $81,390 $0 $6,393
Marge Shonnard (Chair) $0 $0 $0
Brian Asbill (Vice Chair) $0 $0 $0
Karen Brayboy (Treasurer) $0 $0 $0
Amelia Hodges (Secretary) $0 $0 $0
Sharon Baker (Board Member) $0 $0 $0
Gordon Grant (Board Member) $0 $0 $0
Al Siemens (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,023,312
Expenses
$2,730,149
Net Income
$293,163
Net Assets
$1,770,760
Notable Sources of Revenue Percent of Total Revenue
Contributions $481,968
15.9%
Program Services $2,506,281
82.9%
Investment Income $12,213
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $22,850
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $222,050
8.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,371,380
50.2%
Assets/Debt
Total Assets $5,145,557
Total Liabilities $3,374,797
Net Assets $1,770,760
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Will Yeiser (Executive Dir.) $91,000 $0 $0
Andrew Holcombe (Director) $65,950 $0 $0
Jen Horschman (Director) $65,100 $0 $0
Karen Brayboy (Treasurer) $0 $0 $0
Amelia Hodges (Secretary) $0 $0 $0
Gordon Grant (Trustee) $0 $0 $0
Al Siemens (Trustee) $0 $0 $0
Marge Shonnard (Chairman) $0 $0 $0
Brian Asbill (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,094,108
Expenses
$2,658,392
Net Income
$435,716
Net Assets
$1,477,597
Notable Sources of Revenue Percent of Total Revenue
Contributions $547,284
17.7%
Program Services $2,444,136
79.0%
Investment Income $14,534
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $74,354
2.4%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $13,800
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $208,480
7.8%
Professional Fundraising Fees $0
Other Salaries and Wages $1,209,823
45.5%
Assets/Debt
Total Assets $4,036,303
Total Liabilities $2,558,706
Net Assets $1,477,597
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Will Yeiser (Executive Dir.) $90,225 $0 $0
Andrew Holcombe (Director) $62,325 $0 $0
Jen Horschman (Director) $55,930 $0 $0
John Michael Kledis (Treasurer) $0 $0 $0
Betsy Harlan (Secretary) $0 $0 $0
Gordon Grant (Director) $0 $0 $0
Ann Smith (Director) $0 $0 $0
Marge Shonnard (Chairman) $0 $0 $0
Scott Wilkerson (Director) $0 $0 $0
Brian Asbill (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,872,330
Expenses
$2,482,820
Net Income
$389,510
Net Assets
$1,041,881
Notable Sources of Revenue Percent of Total Revenue
Contributions $532,936
18.6%
Program Services $2,279,985
79.4%
Investment Income $2,417
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $56,992
2.0%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $191,815
7.7%
Professional Fundraising Fees $0
Other Salaries and Wages $1,115,074
44.9%
Assets/Debt
Total Assets $3,646,282
Total Liabilities $2,604,401
Net Assets $1,041,881
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Will Yeiser (Executive Dir.) $78,700 $0 $0
Andrew Holcombe (Director) $60,025 $0 $0
Jen Horschman (Director) $53,090 $0 $0
John Michael Kledis (Treasurer) $0 $0 $0
Betsy Harlan (Secretary) $0 $0 $0
Gordon Grant (Chairman) $0 $0 $0
Ann Smith (Director) $0 $0 $0
James Johnson (Director) $0 $0 $0
Kristan Dewey (Director) $0 $0 $0
Scott Wilkerson (Director) $0 $0 $0
Betsy Ellis (Director) $0 $0 $0
Brian Asbill (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,870,804
Expenses
$2,028,523
Net Income
-$157,719
Net Assets
$669,852
Notable Sources of Revenue Percent of Total Revenue
Contributions $71,317
3.8%
Program Services $1,710,942
91.5%
Investment Income $2,423
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $50,949
2.7%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $35,173
1.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $188,280
9.3%
Professional Fundraising Fees $0
Other Salaries and Wages $857,678
42.3%
Assets/Debt
Total Assets $2,682,655
Total Liabilities $2,012,803
Net Assets $669,852
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Will Yeiser (Executive Director) $78,000 $0 $0
Andrew Holcombe (Boys School Director) $58,000 $0 $0
Jen Horschman (Girls School Director) $52,280 $0 $0
Ann Smith (Member) $0 $0 $0
James Johnson (Board Member) $0 $0 $0
Kristan Dewey (Board Member) $0 $0 $0
John Michael Kledis (Treasurer/Board Member) $0 $0 $0
Betsy Harlan (Secretary/Board Member) $0 $0 $0
Scott Wilkerson (Vice Chair/Board Member) $0 $0 $0
Betsy Ellis (Board Member) $0 $0 $0
Gordon Grant (Board Chair/Member) $0 $0 $0
Brian Asbill (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,617,152
Expenses
$1,574,892
Net Income
$42,260
Net Assets
$827,571
Notable Sources of Revenue Percent of Total Revenue
Contributions $188,318
11.6%
Program Services $1,326,033
82.0%
Investment Income $1,073
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $77,243
4.8%
Sales of Assets $0
Net Inventory Sales $4,547
0.3%
Other Revenue $19,938
1.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $78,885
5.0%
Professional Fundraising Fees $0
Other Salaries and Wages $662,297
42.1%
Assets/Debt
Total Assets $2,697,839
Total Liabilities $1,870,268
Net Assets $827,571
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Will Yeiser (Executive Director) $78,885 $0 $0
Ann Smith (Chair/Board Member) $0 $0 $0
James Johnson (Board Member) $0 $0 $0
Kristan Dewey (Board Member) $0 $0 $0
John Michael Kledis (Treasurer/Board Member) $0 $0 $0
Betsy Harlan (Secretary/Board Member) $0 $0 $0
Scott Wilkerson (Vice Chair/Board Member) $0 $0 $0
Christy Tate (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,335,753
Expenses
$1,029,751
Net Income
$306,002
Net Assets
$785,311
Notable Sources of Revenue Percent of Total Revenue
Contributions $377,838
28.3%
Program Services $909,074
68.1%
Investment Income $883
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $27,521
2.1%
Sales of Assets $0
Net Inventory Sales $1,970
0.1%
Other Revenue $18,467
1.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $73,041
7.1%
Professional Fundraising Fees $0
Other Salaries and Wages $460,526
44.7%
Assets/Debt
Total Assets $1,908,981
Total Liabilities $1,123,670
Net Assets $785,311
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Will Yeiser (Executive Director) $73,041 $0 $0
Ann Smith (Chair/Board Member) $0 $0 $0
James Johnson (Board Member) $0 $0 $0
Kristan Dewey (Board Member) $0 $0 $0
John Michael Kledis (Treasurer/Board Member) $0 $0 $0
Betsy Harlan (Secretary/Board Member) $0 $0 $0
Scott Wilkerson (Vice Chair/Board Member) $0 $0 $0
Christy Tate (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,244,656
Expenses
$809,199
Net Income
$435,457
Net Assets
$479,309
Notable Sources of Revenue Percent of Total Revenue
Contributions $402,751
32.4%
Program Services $820,275
65.9%
Investment Income $289
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $8,740
0.7%
Sales of Assets $0
Net Inventory Sales $7,448
0.6%
Other Revenue $5,153
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $96,955
12.0%
Professional Fundraising Fees $0
Other Salaries and Wages $288,946
35.7%
Assets/Debt
Total Assets $1,002,851
Total Liabilities $523,542
Net Assets $479,309
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Will Yeiser (Director) $53,597 $0 $0
David Byers (Director) $43,358 $0 $0
David Bourne (Chair/President) $0 $0 $0
Lindsay Hearn (Director) $0 $0 $0
Jason Wells (Treasurer) $0 $0 $0
Christy Tate (Secretary) $0 $0 $0
Scott Wilkerson (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$648,522
Expenses
$624,338
Net Income
$24,184
Net Assets
$43,852
Notable Sources of Revenue Percent of Total Revenue
Contributions $39,631
6.1%
Program Services $598,248
92.2%
Investment Income $180
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $5,638
0.9%
Sales of Assets $0
Net Inventory Sales $4,825
0.7%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $209,663
33.6%
Assets/Debt
Total Assets $425,219
Total Liabilities $381,367
Net Assets $43,852

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$484,842
Expenses
$415,782
Net Income
$69,060
Net Assets
$24,672
Notable Sources of Revenue Percent of Total Revenue
Contributions $43,317
8.9%
Program Services $424,966
87.7%
Investment Income $94
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $12,561
2.6%
Sales of Assets $0
Net Inventory Sales $3,904
0.8%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $75,475
18.2%
Professional Fundraising Fees $0
Other Salaries and Wages $122,512
29.5%
Assets/Debt
Total Assets $249,052
Total Liabilities $224,380
Net Assets $24,672

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$230,304
Expenses
$267,395
Net Income
-$37,091
Net Assets
-$44,388
Notable Sources of Revenue Percent of Total Revenue
Contributions $36,386
15.8%
Program Services $191,728
83.2%
Investment Income $2
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$244
Net Inventory Sales $2,432
1.1%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $120,908
45.2%
Assets/Debt
Total Assets $90,668
Total Liabilities $135,056
Net Assets -$44,388

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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