Civic Intelligence

Classroom Central Inc

EIN 03-0455618 • 501(c)3 • Charlotte, NC

Profile

Classroom central fosters equity in education by providing teachers and students with the free resources they need to succeed.

2116 Wilkinson BoulevardCharlotte, NC 28208

www.classroomcentral.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

18th percentile

0.01x

Higher debt load relative to assets than 18% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

13th percentile

0.02x

Higher debt load relative to revenue than 13% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

8th percentile

-37%

Higher net margin than 8% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

65th percentile

$223,820

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

5th percentile

-21%

Faster asset growth than 5% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

6th percentile

-41%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Down

$15,205,929

Down $3,997,272 (-21%) from 2024

Liabilities

Down

$206,153

Down $106,039 (-34%) from 2024

Net Assets

Down

$14,999,776

Down $3,891,233 (-21%) from 2024

Revenue

Down

$10,435,125

Down $7,298,298 (-41%) from 2024

Expenses

Up

$14,326,358

Up $754,691 (+5.6%) from 2024

Net Income

Down

-$3,891,233

Down $8,052,989 (-193%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2010: $3,681,222Liabilities 2010: $422,817Net Assets 2010: $3,258,4052010Assets 2011: $2,831,536Liabilities 2011: $400,643Net Assets 2011: $2,430,8932011Assets 2012: $3,076,370Liabilities 2012: $378,344Net Assets 2012: $2,698,0262012Assets 2013: $2,177,563Liabilities 2013: $355,733Net Assets 2013: $1,821,8302013Assets 2014: $2,633,887Liabilities 2014: $331,830Net Assets 2014: $2,302,0572014Assets 2015: $2,263,333Liabilities 2015: $279,533Net Assets 2015: $1,983,8002015Assets 2016: $2,905,083Liabilities 2016: $256,672Net Assets 2016: $2,648,4112016Assets 2017: $3,448,576Liabilities 2017: $200,187Net Assets 2017: $3,248,3892017Assets 2018: $4,527,274Liabilities 2018: $156,220Net Assets 2018: $4,371,0542018Assets 2019: $7,209,622Liabilities 2019: $39,659Net Assets 2019: $7,169,9632019Assets 2020: $8,198,813Liabilities 2020: $110,001Net Assets 2020: $8,088,8122020Assets 2021: $11,369,266Liabilities 2021: $57,263Net Assets 2021: $11,312,0032021Assets 2022: $14,278,709Liabilities 2022: $52,504Net Assets 2022: $14,226,2052022Assets 2023: $14,774,743Liabilities 2023: $45,490Net Assets 2023: $14,729,2532023Assets 2024: $19,203,201Liabilities 2024: $312,192Net Assets 2024: $18,891,0092024Assets 2025: $15,205,929Liabilities 2025: $206,153Net Assets 2025: $14,999,7762025

Highlighted filing

2025

Assets$15,205,929
Liabilities$206,153
Net Assets$14,999,776

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$10M$0-$10MExpenses 2010: $5,095,7082010Revenue 2011: $4,279,623Expenses 2011: $5,107,135Net Income 2011: -$827,5122011Expenses 2012: $6,346,5662012Revenue 2013: $5,255,562Expenses 2013: $6,131,758Net Income 2013: -$876,1962013Revenue 2014: $4,636,322Expenses 2014: $4,156,095Net Income 2014: $480,2272014Revenue 2015: $3,772,234Expenses 2015: $4,090,491Net Income 2015: -$318,2572015Revenue 2016: $4,175,948Expenses 2016: $3,511,338Net Income 2016: $664,6102016Revenue 2017: $6,329,348Expenses 2017: $5,729,370Net Income 2017: $599,9782017Revenue 2018: $6,836,522Expenses 2018: $5,713,857Net Income 2018: $1,122,6652018Revenue 2019: $9,117,456Expenses 2019: $6,288,382Net Income 2019: $2,829,0742019Revenue 2020: $7,079,980Expenses 2020: $6,161,131Net Income 2020: $918,8492020Revenue 2021: $9,810,026Expenses 2021: $6,586,835Net Income 2021: $3,223,1912021Revenue 2022: $10,548,654Expenses 2022: $7,634,452Net Income 2022: $2,914,2022022Revenue 2023: $11,436,708Expenses 2023: $10,933,660Net Income 2023: $503,0482023Revenue 2024: $17,733,423Expenses 2024: $13,571,667Net Income 2024: $4,161,7562024Revenue 2025: $10,435,125Expenses 2025: $14,326,358Net Income 2025: -$3,891,2332025

Highlighted filing

2025

Revenue$10,435,125
Expenses$14,326,358
Net Income-$3,891,233

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.2$0.21$15.0$10.4$14.3$3.89
2024Detailed filing. Detailed filing data is available for this year.$19.2$0.31$18.9$17.7$13.6$4.16
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.8$0.05$14.7$11.4$10.9$0.50
2022Detailed filing. Detailed filing data is available for this year.$14.3$0.05$14.2$10.5$7.63$2.91
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.4$0.06$11.3$9.81$6.59$3.22
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.20$0.11$8.09$7.08$6.16$0.92
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.21$0.04$7.17$9.12$6.29$2.83
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.53$0.16$4.37$6.84$5.71$1.12
2017Detailed filing. Detailed filing data is available for this year.$3.45$0.20$3.25$6.33$5.73$0.60
2016Detailed filing. Detailed filing data is available for this year.$2.91$0.26$2.65$4.18$3.51$0.66
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.26$0.28$1.98$3.77$4.09$0.32
2014Detailed filing. Detailed filing data is available for this year.$2.63$0.33$2.30$4.64$4.16$0.48
2013Summary only. Only limited summary data is available for this year.$2.18$0.36$1.82$5.26$6.13$0.88
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.08$0.38$2.70$6.35
2011Summary only. Only limited summary data is available for this year.$2.83$0.40$2.43$4.28$5.11$0.83
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.68$0.42$3.26$5.10
Latest Detailed Filing

The latest 2025 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2024 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Oct 15, 2024
Return Version
2023v5.0
Gross Receipts
$17,771,599
Mission and Program Overview

Mission

To equip students to effectively

Classroom central fosters equity in education by providing teachers and students with the free resources they need to succeed.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$5,752,374$8,543,468▲ $2,791,094
Investments in Publicly Traded Securities$3,547,671$4,424,017▲ $876,346
Land, Buildings, and Equipment, Net$2,697,825$2,568,065▼ $129,760
Cash and Non-Interest-Bearing Accounts$1,999,273$2,241,180▲ $241,907
Pledges and Grants Receivable$736,906$1,325,615▲ $588,709
Prepaid Expenses and Deferred Charges$40,694$72,369▲ $31,675
Total Assets$14,774,743$19,203,201▲ $4,428,458
Other Assets Total-$28,487-
Liabilities
Accounts Payable and Accrued Expenses$45,490$312,192▲ $266,702
Total Liabilities$45,490$312,192▲ $266,702
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,695,255$18,430,796▲ $3,735,541
Net Assets With Donor Restrictions$33,998$460,213▲ $426,215
Total Net Assets Fund Balance$14,729,253$18,891,009▲ $4,161,756
Total Liabilities and Net Assets / Fund Balance$14,774,743$19,203,201▲ $4,428,458

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,853,693$256,481$2,110,174
Buildings$207,906$169,914$377,820
Land$375,000-$375,000
Other Land Buildings$66,724$149,925$216,649
Equipment$64,742$69,186$133,928

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$33,998--$33,998-
2022$16,303$17,695--$33,998
2021$16,303---$16,303
2020$16,303---$16,303
2019$16,264$39--$16,303
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Karen CalderExecutive DiFT$223,820$223,820
Karen CalderExecutive Director-$223,820$223,820

Board Members and Trustees

NameTitle
Chassity WickwareChair - Advi
Anne McgovernChair - Mark
James ChemplavilChair - Prog
Josh McconaugheyVice Chair
Angela FumoBoard Member
April WhitlockBoard Member
Chris ShaafBoard Member
Corie PaulingBoard Member
Hunter PeakBoard Member
Lenore CulpepperBoard Member
Marcus KimbroughBoard Member
Palace SteppsBoard Member
Paula CookBoard Member
Rory SnavelyBoard Member
Stephanie BordersBoard Member
Tim PenroseBoard Member
Vanecia Carr2nd Vice CHA
Renee GolzEx-officio M
Linda ReevesSecretary
Neely RoseTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$17,146,200
Program Service Revenue
$0
Investment Income
$271,342
Other Revenue
$315,881
All Other Contributions
$17,146,200
Change in Net Assets
$4,161,756

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table2,752,301$13,857,738
Total Noncash Contributions2,752,301$13,857,738

Audited Revenue Reconciliation

Revenue per Audited Statements
$17,733,423
Total Revenue per Audited Statements
$17,733,423
Total Revenue per Form 990
$17,733,423
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$11,839,623
Salaries, Compensation, and Employee Benefits$1,023,856
Other Expenses$708,188
Total Fundraising Expense$334,602
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$11,839,623--$11,839,623
Other Salaries and Wages$422,288$60,328$120,654$603,270
Current Officers, Directors, Trustees, and Key Employees$157,039$22,434$44,868$224,341
Depreciation Depletion$150,954$9,635-$160,589
Other Employee Benefits$95,924$13,703$27,407$137,034
Office Expenses$30,425$14,447$27,070$71,942
Payroll Taxes$41,448$5,921$11,842$59,211
Information Technology$7,555$18,938$24,368$50,861
Fees for Services Accounting-$34,450-$34,450
Insurance$25,232$7,763-$32,995
Occupancy$22,465$3,209$6,418$32,092
Advertising$11,319$600$12,056$23,975
Fees for Services Other--$8,665$8,665
Travel-$5,736-$5,736
Other Expenses$97,505$1,757$17,814$1,757
Total Functional Expenses$12,973,496$263,569$334,602$13,571,667

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$13,571,667
Total Expenses per Audited Statements$13,571,667
Total Expenses per Form 990$13,571,667
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$209,603
Fundraising Direct Expenses$38,176
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Color a Brighte$209,603$209,603$38,176$171,427
Total Events$209,603$209,603$38,176$171,427
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 is shared with the board-at-large prior to being filed.

Form 990, Page 6, Part VI, Line 12C

Board members sign a commitment that includes a conflict of interest statement. The board's goverance committee oversees and monitors this.

Form 990, Page 6, Part VI, Line 15A

Compensation comparisons are conducted using industry and community statistics/data. This data is used in ensuring alignment with the organization's compensation structure for all paid positions.

Form 990, Page 6, Part VI, Line 15B

Compensation comparisons are conducted using industry and community statistics/data. This data is used in ensuring alignment with the organization's compensation structure for all paid positions.

Form 990, Page 6, Part VI, Line 19

No governing documents available to the public

Filing and Contact Details

Filer

Filer Name
Classroom Central Inc
EIN
03-0455618
Phone
7043771740
Address
2116 WILKINSON BOULEVARD, CHARLOTTE, NC 28208

Signing Officer

Name
Karen Calder
Title
Executive Director
Phone
7043771740
Signed
2024-10-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Calder
Formed
2002
Legal Domicile
Nc
Voting Board Members
20
Independent Board Members
20
Employees
11
Volunteers
3,666

Preparer

Firm
DAVIES GOLDSTEIN & ASSOCIATES CPA'S
Address
PO BOX 156, MATTHEWS, NC 28106
Preparer
Jeffrey I Goldstein
Phone
7046840555
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

The mission of cc is to foster equity in education by providing teachers and students with the free resources they need to succeed. We accomplish this by distributing free school supplies and other educational materials through four programs: free store, mobile free store, online ordering with curbside pick-up, subscriptions service (beginning teachers) and backpacks and basics (our only direct-to-schools initiative). Teachers and other school personnel in qualifying high-needs schools as defined by the national school lunch program, may "shop" for free supplies throughout the academic year. All materials distributed are used to create inviting learning environments, and to support the academic and personal growth of low-socioeconomic students. The free store program is open weekly throughout the school year for teacher shopping. Our mobile free store travels once per week and visits districts served (currently six school districts to include charlotte mecklenburg, kannapolis city, iredell-statesville, union county, gaston county in nc as well as lancaster county schools in sc) and works on a six-week rotation throughout the academic year to ensure that teachers furthest from our free store may receive ample supplies and resources. Our online ordering with curbside pick-up program was launched during the covid-19 pandemic as a way to ensure teachers and students were able to receive needed supplies safely and efficiently. The program was so popular that it has been incorporated as a permanent part of our operations. Teachers place an order online via the classroom central website, orders are packed by volunteers and are available to be picked up through a drive-thru system. Our subscription service provides free school supplies to first-year teachers in eligible charlotte-mecklenburg schools. Each quarter, supplies are shipped directly to the first-year teachers. Finally, backpacks and basics engages donors to offset the cost of providing a new backpack filled with basic school supplies for students attending the highest needs schools within our service area. Classroom central has distributed more than 80 million in supplies and resources since opening in 2002.

Raw XML AppendixShowing 400 of 561 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0CLASSROOM CENTRAL FOSTERS EQUITY IN EDUCATION BY PROVIDING TEACHERS AND STUDENTS WITH THE FREE RESOURCES THEY NEED TO SUCCEED.
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IRS990/Desc0THE MISSION OF CC IS TO FOSTER EQUITY IN EDUCATION BY PROVIDING TEACHERS AND STUDENTS WITH THE FREE RESOURCES THEY NEED TO SUCCEED. WE ACCOMPLISH THIS BY DISTRIBUTING FREE SCHOOL SUPPLIES AND OTHER EDUCATIONAL MATERIALS THROUGH FOUR PROGRAMS: FREE STORE, MOBILE FREE STORE, ONLINE ORDERING WITH CURBSIDE PICK-UP, SUBSCRIPTIONS SERVICE (BEGINNING TEACHERS) AND BACKPACKS AND BASICS (OUR ONLY DIRECT-TO-SCHOOLS INITIATIVE). TEACHERS AND OTHER SCHOOL PERSONNEL IN QUALIFYING HIGH-NEEDS SCHOOLS AS DEFINED BY THE NATIONAL SCHOOL LUNCH PROGRAM, MAY "SHOP" FOR FREE SUPPLIES THROUGHOUT THE ACADEMIC YEAR. ALL MATERIALS DISTRIBUTED ARE USED TO CREATE INVITING LEARNING ENVIRONMENTS, AND TO SUPPORT THE ACADEMIC AND PERSONAL GROWTH OF LOW-SOCIOECONOMIC STUDENTS. THE FREE STORE PROGRAM IS OPEN WEEKLY THROUGHOUT THE SCHOOL YEAR FOR TEACHER SHOPPING. OUR MOBILE FREE STORE TRAVELS ONCE PER WEEK AND VISITS DISTRICTS SERVED (CURRENTLY SIX SCHOOL DISTRICTS TO INCLUDE CHARLOTTE MECKLENBURG, KANNAPOLIS CITY, IREDELL-STATESVILLE, UNION COUNTY, GASTON COUNTY IN NC AS WELL AS LANCASTER COUNTY SCHOOLS IN SC) AND WORKS ON A SIX-WEEK ROTATION THROUGHOUT THE ACADEMIC YEAR TO ENSURE THAT TEACHERS FURTHEST FROM OUR FREE STORE MAY RECEIVE AMPLE SUPPLIES AND RESOURCES. OUR ONLINE ORDERING WITH CURBSIDE PICK-UP PROGRAM WAS LAUNCHED DURING THE COVID-19 PANDEMIC AS A WAY TO ENSURE TEACHERS AND STUDENTS WERE ABLE TO RECEIVE NEEDED SUPPLIES SAFELY AND EFFICIENTLY. THE PROGRAM WAS SO POPULAR THAT IT HAS BEEN INCORPORATED AS A PERMANENT PART OF OUR OPERATIONS. TEACHERS PLACE AN ORDER ONLINE VIA THE CLASSROOM CENTRAL WEBSITE, ORDERS ARE PACKED BY VOLUNTEERS AND ARE AVAILABLE TO BE PICKED UP THROUGH A DRIVE-THRU SYSTEM. OUR SUBSCRIPTION SERVICE PROVIDES FREE SCHOOL SUPPLIES TO FIRST-YEAR TEACHERS IN ELIGIBLE CHARLOTTE-MECKLENBURG SCHOOLS. EACH QUARTER, SUPPLIES ARE SHIPPED DIRECTLY TO THE FIRST-YEAR TEACHERS. FINALLY, BACKPACKS AND BASICS ENGAGES DONORS TO OFFSET THE COST OF PROVIDING A NEW BACKPACK FILLED WITH BASIC SCHOOL SUPPLIES FOR STUDENTS ATTENDING THE HIGHEST NEEDS SCHOOLS WITHIN OUR SERVICE AREA. CLASSROOM CENTRAL HAS DISTRIBUTED MORE THAN 80 MILLION IN SUPPLIES AND RESOURCES SINCE OPENING IN 2002.
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