Civic Intelligence

Greer Middle College Charter High School

990 • Fiscal year 2014 • EIN 13-4349419

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 11, 2015

138 W Mcelhaney Rd29687

(864) 469-7805

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

68th percentile

0.30x

Higher debt load relative to assets than 68% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

58th percentile

0.17x

Higher debt load relative to revenue than 58% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

72nd percentile

13%

Higher net margin than 72% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

88th percentile

32%

Faster asset growth than 88% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

54th percentile

5.2%

Faster revenue growth than 54% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,755,960

Up $426,319 (+32%) from 2013

Net Assets

Up

$1,222,914

Up $420,440 (+52%) from 2013

Liabilities

Up

$533,046

Up $5,879 (+1.1%) from 2013

Revenue

Up

$3,166,891

Up $156,525 (+5.2%) from 2013

Expenses

Up

$2,746,451

Up $19,077 (+0.7%) from 2013

Net Income

Up

$420,440

Up $137,448 (+49%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0-$10MAssets 2010: $621,271Liabilities 2010: $239,642Net Assets 2010: $381,6292010Assets 2011: $835,457Liabilities 2011: $400,793Net Assets 2011: $434,6642011Assets 2012: $979,453Liabilities 2012: $459,971Net Assets 2012: $519,4822012Assets 2013: $1,329,641Liabilities 2013: $527,167Net Assets 2013: $802,4742013Assets 2014: $1,755,960Liabilities 2014: $533,046Net Assets 2014: $1,222,9142014Assets 2015: $2,745,268Liabilities 2015: $3,116,985Net Assets 2015: -$371,7172015Assets 2016: $10,119,895Liabilities 2016: $9,740,864Net Assets 2016: $379,0312016Assets 2017: $10,828,563Liabilities 2017: $10,134,005Net Assets 2017: $694,5582017Assets 2018: $11,099,115Liabilities 2018: $13,142,395Net Assets 2018: -$2,043,2802018Assets 2019: $16,568,758Liabilities 2019: $17,990,057Net Assets 2019: -$1,421,2992019Assets 2020: $17,667,829Liabilities 2020: $19,201,861Net Assets 2020: -$1,534,0322020Assets 2021: $18,318,877Liabilities 2021: $20,386,684Net Assets 2021: -$2,067,8072021Assets 2022: $14,933,906Liabilities 2022: $10,686,052Net Assets 2022: $4,247,8542022Assets 2023: $13,924,671Liabilities 2023: $10,100,697Net Assets 2023: $3,823,9742023Assets 2024: $16,261,951Liabilities 2024: $11,787,707Net Assets 2024: $4,474,2442024

Highlighted filing

2014

Assets$1,755,960
Liabilities$533,046
Net Assets$1,222,914

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,246,5362010Expenses 2011: $1,864,1122011Expenses 2012: $2,317,6882012Revenue 2013: $3,010,366Expenses 2013: $2,727,374Net Income 2013: $282,9922013Revenue 2014: $3,166,891Expenses 2014: $2,746,451Net Income 2014: $420,4402014Revenue 2015: $3,849,090Expenses 2015: $2,832,595Net Income 2015: $1,016,4952015Revenue 2016: $3,915,161Expenses 2016: $3,164,413Net Income 2016: $750,7482016Revenue 2017: $3,995,180Expenses 2017: $3,679,653Net Income 2017: $315,5272017Revenue 2018: $4,496,828Expenses 2018: $4,347,486Net Income 2018: $149,3422018Revenue 2019: $5,043,629Expenses 2019: $4,421,648Net Income 2019: $621,9812019Revenue 2020: $5,265,895Expenses 2020: $5,378,629Net Income 2020: -$112,7342020Revenue 2021: $6,179,654Expenses 2021: $6,713,429Net Income 2021: -$533,7752021Revenue 2022: $6,740,396Expenses 2022: $7,157,188Net Income 2022: -$416,7922022Revenue 2023: $6,645,601Expenses 2023: $7,069,481Net Income 2023: -$423,8802023Revenue 2024: $7,204,046Expenses 2024: $6,783,774Net Income 2024: $420,2722024

Highlighted filing

2014

Revenue$3,166,891
Expenses$2,746,451
Net Income$420,440
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 11, 2015
Return Version
2013v4.0
Gross Receipts
$3,166,891
Mission and Program Overview

Mission

Greer middle college charter high school's mission is to provide a supportive, educational environment where each student is expected to seize the opportunity to graduate prepared for college and career.

Public charter school education

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$802,474$1,222,914▲ $420,440
Savings and Temporary Cash Investments$357,994$873,321▲ $515,327
Land, Buildings, and Equipment, Net$841,314$813,095▼ $28,219
Accounts Receivable$120,226$63,103▼ $57,123
Prepaid Expenses and Deferred Charges$10,106$6,441▼ $3,665
Total Assets$1,329,640$1,755,960▲ $426,320
Liabilities
Other Liabilities$332,777$327,099▼ $5,678
Accounts Payable and Accrued Expenses$187,780$188,589▲ $809
Deferred Revenue$6,609$17,358▲ $10,749
Total Liabilities$527,166$533,046▲ $5,880
Net Assets / Fund Balance
Total Net Assets Fund Balance$802,474$1,222,914▲ $420,440
Total Liabilities and Net Assets / Fund Balance$1,329,640$1,755,960▲ $426,320

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$701,539$183,713-
Other Land Buildings$32,130--
Equipment$79,426$148,467-
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$3,165,262
Program Service Revenue
$0
Investment Income
$1,629
Other Revenue
$0
All Other Contributions
$97,386
Change in Net Assets
$420,440

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,166,891
Total Revenue per Audited Statements
$3,166,891
Total Revenue per Form 990
$3,166,891
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,232,074
Other Expenses$514,377
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,331,540$370,732$0$1,702,272
Pension Plan Contributions$196,655$54,589$0$251,244
Occupancy$206,524$985$0$207,509
Other Employee Benefits$121,632$30,047$0$151,679
Payroll Taxes$100,373$26,506$0$126,879
Depreciation Depletion$23,694$53,967$0$77,661
Travel$404$21,117$0$21,521
Other Expenses$0$19,629$0$19,629
Fees for Services Accounting$0$18,035$0$18,035
Office Expenses$401$11,002$0$11,403
Insurance$7,613$1,645$0$9,258
Fees for Services Other$2,399$3,690$0$6,089
Advertising$0$4,949$0$4,949
Information Technology$4,864$0$0$4,864
All Other Expenses$14,753$-16,644$0$-1,891
Total Functional Expenses$2,142,973$603,478$0$2,746,451

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,746,451
Total Expenses per Audited Statements$2,746,451
Total Expenses per Form 990$2,746,451
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Sick Leave$327,099
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

EIN
13-4349419
Phone
8644697805

Signing Officer

Name
Jimmy Armstrong
Title
Principal
Phone
8644697805
Signed
2015-02-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jimmy Armstrong
Formed
2007
Legal Domicile
Sc
Voting Board Members
11
Independent Board Members
11
Employees
55
Volunteers
20

Preparer

Preparer
Edward B Snow
Phone
8646750948
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The form 990 is carefully prepared by the business

Pt VI, Line 11B

Manager and is then reviewed by the school's principal.

Pt VI, Line 11B

It is available upon request to board members and anyone else.

Pt VI, Line 15A

A review of the principal is conducted annually by

Pt VI, Line 15A

The executive board and compensation for the principal

Pt VI, Line 15A

For the next school year is based on the review.

Pt VI, Line 19

Governing documents, conflict of interest policy and

Pt VI, Line 19

Financial statements will be made available upon request.

Form 990, Part IX, Line 24F

Accrued medical -5678. 14753. -20431. 0. Dues and fees 3787. 3787. 0.

Raw XML AppendixShowing 400 of 453 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/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0370732
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01331540
IRS990/OtherSalariesAndWagesGrp/TotalAmt01702272
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt026506
IRS990/PayrollTaxesGrp/ProgramServicesAmt0100373
IRS990/PayrollTaxesGrp/TotalAmt0126879
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt054589
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0196655
IRS990/PensionPlanContributionsGrp/TotalAmt0251244
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010106
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06441
IRS990/PrincipalOfficerNm0JIMMY ARMSTRONG
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03009143
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01223
IRS990/PYOtherExpensesAmt0603832
IRS990/PYRevenuesLessExpensesAmt0282992
IRS990/PYSalariesCompEmpBnftPaidAmt02123542
IRS990/PYTotalExpensesAmt02727374
IRS990/PYTotalRevenueAmt03010366
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0420440
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0802474
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01222914
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0357994
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0873321
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0701539
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0183713
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0885252
IRS990ScheduleD/EquipmentGrp/BookValueAmt079426
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0148467
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0227893
IRS990ScheduleD/ExpensesSubtotalAmt02746451
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt032130
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt032130
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0327099
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED SICK LEAVE
IRS990ScheduleD/RevenueSubtotalAmt03166891
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0813095
IRS990ScheduleD/TotalExpensesPerForm990Amt02746451
IRS990ScheduleD/TotalLiabilityAmt0327099
IRS990ScheduleD/TotalRevenuePerForm990Amt03166891
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03166891
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02746451
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0INFORMATION IS PROVIDED ON THE SCHOOL WEBSITE. THE SCHOOL IS A PUBLIC SCHOOL AND ABIDES BY ALL FEDERAL AND STATE REGULATIONS REGARDING DISCRIMINATION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES STATE AND FEDERAL FUNDS
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 6b
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS CAREFULLY PREPARED BY THE BUSINESS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MANAGER AND IS THEN REVIEWED BY THE SCHOOL'S PRINCIPAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IT IS AVAILABLE UPON REQUEST TO BOARD MEMBERS AND ANYONE ELSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A REVIEW OF THE PRINCIPAL IS CONDUCTED ANNUALLY BY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EXECUTIVE BOARD AND COMPENSATION FOR THE PRINCIPAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FOR THE NEXT SCHOOL YEAR IS BASED ON THE REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FINANCIAL STATEMENTS WILL BE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ACCRUED MEDICAL -5678. 14753. -20431. 0. DUES AND FEES 3787. 3787. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24f
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01329640
IRS990/TotalAssetsEOYAmt01755960
IRS990/TotalAssetsGrp/BOYAmt01329640
IRS990/TotalAssetsGrp/EOYAmt01755960
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03165262
IRS990/TotalEmployeeCnt055
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0603478
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02142973
IRS990/TotalFunctionalExpensesGrp/TotalAmt02746451
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0527166
IRS990/TotalLiabilitiesEOYAmt0533046
IRS990/TotalLiabilitiesGrp/BOYAmt0527166

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$16.3$11.8$4.47$7.20$6.78$0.42
2023Detailed filing. Detailed filing data is available for this year.$13.9$10.1$3.82$6.65$7.07$0.42
2022Detailed filing. Detailed filing data is available for this year.$14.9$10.7$4.25$6.74$7.16$0.42
2021Detailed filing. Detailed filing data is available for this year.$18.3$20.4$2.07$6.18$6.71$0.53
2020Detailed filing. Detailed filing data is available for this year.$17.7$19.2$1.53$5.27$5.38$0.11
2019Detailed filing. Detailed filing data is available for this year.$16.6$18.0$1.42$5.04$4.42$0.62
2018Detailed filing. Detailed filing data is available for this year.$11.1$13.1$2.04$4.50$4.35$0.15
2017Detailed filing. Detailed filing data is available for this year.$10.8$10.1$0.69$4.00$3.68$0.32
2016Detailed filing. Detailed filing data is available for this year.$10.1$9.74$0.38$3.92$3.16$0.75
2015Detailed filing. Detailed filing data is available for this year.$2.75$3.12$0.37$3.85$2.83$1.02
2014Detailed filing. Detailed filing data is available for this year.$1.76$0.53$1.22$3.17$2.75$0.42
2013Summary only. Only limited summary data is available for this year.$1.33$0.53$0.80$3.01$2.73$0.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$0.46$0.52$2.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$0.40$0.43$1.86
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.24$0.38$1.25