Center for Spiritual Living Asheville

Nonprofit profile at a glance

EIN
561739331
IRS 990-EZ coverage
2010–2018
Official website data refreshed
Sep 2026
Forms available
Form 990-EZ 2018
Location
Asheville, NC, United States
Phone
(828) 253-2325
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Religion Related N.E.C.
Affiliation
Religious (unspecified)

Official website

Reported finances

Revenue
$84,092
Expenses
$122,108
Assets
$135,034
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • JOHN B WATERHOUSE (PRESIDENT)

People named in this filing

  • JOHN B WATERHOUSE (PRESIDENT)
  • BARBARA R WATERHOUSE (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

2026 Commitment Program The Center for Spiritual Living Asheville’s Commitment Program is the way our Center members and friends tell us how much financial support they intend to contribute each year. The Center’s operational spending plan is based on what we collectively commit to give during the coming year. By making a commitment, the Center is able to develop a realistic budget. _“Money is congealed energy and releasing it releases_ _life’s possibilities.” Joseph Campbell_.

What it reported doing in 2018

Faith community skill development program - to assist spiritual communities in developing strong sacred service volunteer programs including mission development, communication and cooperation skills, and strategic planning.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 88% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 82
  • Sustainability: 36
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 73.4%; rating input score 73

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -45.2%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 1.11; rating input score 50; 50th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 17.1% per year; rating input score 100; 82nd percentile among comparable filings
  • Revenue growth: 5.1% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: 29.9% per year; rating input score 100; 91st percentile among comparable filings

Details

  • What they do: 2 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 100% of revenue deployed · 73.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $90K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 9 filing years from 2010 to 2018
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 12/100.
  • Review — Sustainability: Total-asset coverage ratio scored 50/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.