Civic Intelligence

Brashier Middle College Charter High School Inc.

990 • Fiscal year 2017 • EIN 20-2741072

Jul 01, 2016 to Jun 30, 2017 • Filed on Mar 13, 2018

1830 W Georgia RdSimpsonville, SC 29681

(864) 757-1810

Siviq Scores

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

Liabilities / Assets

55th percentile

0.13x

Higher debt load relative to assets than 55% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

49th percentile

0.09x

Higher debt load relative to revenue than 49% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

45th percentile

1.5%

Higher net margin than 45% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

45th percentile

1.8%

Faster asset growth than 45% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

29th percentile

-3.7%

Faster revenue growth than 29% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,416,402

Up $41,792 (+1.8%) from 2016

Net Assets

Up

$2,106,451

Up $49,290 (+2.4%) from 2016

Liabilities

Down

$309,951

Down $7,498 (-2.4%) from 2016

Revenue

Down

$3,358,911

Down $129,291 (-3.7%) from 2016

Expenses

Up

$3,309,621

Up $45,537 (+1.4%) from 2016

Net Income

Down

$49,290

Down $174,828 (-78%) from 2016

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $844,049Liabilities 2010: $511,747Net Assets 2010: $332,3022010Assets 2011: $1,033,523Liabilities 2011: $535,807Net Assets 2011: $497,7162011Assets 2012: $1,178,538Liabilities 2012: $632,172Net Assets 2012: $546,3662012Assets 2013: $1,437,824Liabilities 2013: $654,255Net Assets 2013: $783,5692013Assets 2014: $1,752,121Liabilities 2014: $666,545Net Assets 2014: $1,085,5762014Assets 2015: $2,149,790Liabilities 2015: $316,747Net Assets 2015: $1,833,0432015Assets 2016: $2,374,610Liabilities 2016: $317,449Net Assets 2016: $2,057,1612016Assets 2017: $2,416,402Liabilities 2017: $309,951Net Assets 2017: $2,106,4512017Assets 2018: $2,714,432Liabilities 2018: $329,075Net Assets 2018: $2,385,3572018Assets 2019: $3,323,667Liabilities 2019: $504,699Net Assets 2019: $2,818,9682019Assets 2020: $3,741,768Liabilities 2020: $414,144Net Assets 2020: $3,327,6242020Assets 2021: $4,129,543Liabilities 2021: $452,319Net Assets 2021: $3,677,2242021Assets 2022: $4,517,042Liabilities 2022: $522,976Net Assets 2022: $3,994,0662022Assets 2023: $4,743,187Liabilities 2023: $600,677Net Assets 2023: $4,142,5102023Assets 2024: $5,835,813Liabilities 2024: $722,466Net Assets 2024: $5,113,3472024

Highlighted filing

2017

Assets$2,416,402
Liabilities$309,951
Net Assets$2,106,451

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0Expenses 2010: $2,399,7542010Expenses 2011: $2,503,2802011Expenses 2012: $2,591,8522012Expenses 2013: $2,691,0212013Revenue 2014: $3,331,091Expenses 2014: $3,029,084Net Income 2014: $302,0072014Revenue 2015: $3,382,341Expenses 2015: $2,634,874Net Income 2015: $747,4672015Revenue 2016: $3,488,202Expenses 2016: $3,264,084Net Income 2016: $224,1182016Revenue 2017: $3,358,911Expenses 2017: $3,309,621Net Income 2017: $49,2902017Revenue 2018: $3,972,131Expenses 2018: $3,693,224Net Income 2018: $278,9072018Revenue 2019: $4,480,563Expenses 2019: $4,046,950Net Income 2019: $433,6132019Revenue 2020: $4,630,687Expenses 2020: $4,122,033Net Income 2020: $508,6542020Revenue 2021: $4,912,878Expenses 2021: $4,563,278Net Income 2021: $349,6002021Revenue 2022: $5,053,676Expenses 2022: $4,736,836Net Income 2022: $316,8402022Revenue 2023: $5,501,095Expenses 2023: $5,348,904Net Income 2023: $152,1912023Revenue 2024: $6,244,282Expenses 2024: $5,277,191Net Income 2024: $967,0912024

Highlighted filing

2017

Revenue$3,358,911
Expenses$3,309,621
Net Income$49,290
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Mar 13, 2018
Return Version
2016v3.0
Gross Receipts
$3,358,911
Mission and Program Overview

Mission

Public charter high school education

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,849,942$2,248,710▲ $398,768
Rtn Earn Endowment Incm Other Fnds$2,057,161$2,106,451▲ $49,290
Land, Buildings, and Equipment, Net$128,799$122,422▼ $6,377
Prepaid Expenses and Deferred Charges$46,498$44,216▼ $2,282
Accounts Receivable$349,371$1,054▼ $348,317
Total Assets$2,374,610$2,416,402▲ $41,792
Liabilities
Accounts Payable and Accrued Expenses$308,376$302,034▼ $6,342
Deferred Revenue$9,073$7,917▼ $1,156
Total Liabilities$317,449$309,951▼ $7,498
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,057,161$2,106,451▲ $49,290
Total Liabilities and Net Assets / Fund Balance$2,374,610$2,416,402▲ $41,792

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$38,593$238,243$276,836
Leasehold Improvements$66,951$25,695$92,646
Other Land Buildings$16,878$17,804$34,682
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$3,347,265
Program Service Revenue
$0
Investment Income
$11,646
Other Revenue
$0
All Other Contributions
$8,965
Change in Net Assets
$49,290

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,358,911
Total Revenue per Audited Statements
$3,358,911
Total Revenue per Form 990
$3,358,911
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,665,538
Other Expenses$644,083
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,560,279$393,345$0$1,953,624
Occupancy$0$381,949$0$381,949
Pension Plan Contributions$247,778$64,431$0$312,209
Other Employee Benefits$229,984$22,615$0$252,599
Payroll Taxes$119,120$27,986$0$147,106
Depreciation Depletion$10,753$14,381$0$25,134
Fees for Services Accounting$0$21,684$0$21,684
Office Expenses$1,092$19,108$0$20,200
Information Technology$15,710$239$0$15,949
Insurance$10,834$4,931$0$15,765
Travel$7,218$0$0$7,218
Fees for Services Other$5,713$208$0$5,921
Other Expenses$0$2,458$0$2,458
All Other Expenses$0$2,457$0$2,457
Total Functional Expenses$2,353,829$955,792$0$3,309,621

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,425,351
Expenses per Audited Statements$3,309,621
Total Expenses per Form 990$3,309,621
Expenses Not Reported on Form 990$115,730
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
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

Filer Name
Brashier Middle College Charter Hs
EIN
20-2741072
Phone
8647571810
Address
1830 W GEORGIA RD, SIMPSONVILLE, SC 29681

Signing Officer

Name
Michael Sinclair
Title
Principal
Phone
8647571810
Signed
2018-03-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Sinclair
Formed
2005
Legal Domicile
Sc
Voting Board Members
11
Independent Board Members
11
Employees
63
Volunteers
25

Preparer

Firm
Edward B Snow
Address
209 Ackerman Ct, Greenville, SC 29607
Preparer
Edward B Snow
Phone
8647571810
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 schools principal.

Pt VI, Line 11B

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

Pt VI, Line 15B

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.

Form 990, Part IX, Line 24E

Dues and fees 2457. 0. 2457. 0.

Financial Statement Notes

Pt XII, Line 2D

Cost of pension benefits earned net of employee contributions is reported as a pension expense.

Pt XII, Line 2D

Net difference of capital outlays exceeding depreciation.

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IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt064431
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0247778
IRS990/PensionPlanContributionsGrp/TotalAmt0312209
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt046498
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt044216
IRS990/PrincipalOfficerNm0MICHAEL SINCLAIR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03484631
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03571
IRS990/PYOtherExpensesAmt0719689
IRS990/PYRevenuesLessExpensesAmt0224118
IRS990/PYSalariesCompEmpBnftPaidAmt02544395
IRS990/PYTotalExpensesAmt03264084
IRS990/PYTotalRevenueAmt03488202
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt049290
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03358310
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02057161
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02106451
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01849942
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02248710
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt038593
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0238243
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0276836
IRS990ScheduleD/ExpensesNotReportedAmt0115730
IRS990ScheduleD/ExpensesSubtotalAmt03309621
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt066951
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt025695
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt092646
IRS990ScheduleD/OtherExpensesIncludedAmt0115730
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt016878
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt017804
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt034682
IRS990ScheduleD/RevenueSubtotalAmt03358911
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0COST OF PENSION BENEFITS EARNED NET OF EMPLOYEE CONTRIBUTIONS IS REPORTED AS A PENSION EXPENSE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1NET DIFFERENCE OF CAPITAL OUTLAYS EXCEEDING DEPRECIATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XII, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XII, Line 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0122422
IRS990ScheduleD/TotalExpensesPerForm990Amt03309621
IRS990ScheduleD/TotalRevenuePerForm990Amt03358911
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03358911
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03425351
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. NO ADDITIONAL ROOM NEEDED
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1PUBLIC CHARTER SCHOOLS RECEIVE GOVERNMENTAL FUNDING
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 SCHOOLS 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/ExplanationTxt6DUES AND FEES 2457. 0. 2457. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02374610
IRS990/TotalAssetsEOYAmt02416402
IRS990/TotalAssetsGrp/BOYAmt02374610
IRS990/TotalAssetsGrp/EOYAmt02416402
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03347265
IRS990/TotalEmployeeCnt063
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0955792
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02353829
IRS990/TotalFunctionalExpensesGrp/TotalAmt03309621
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0317449
IRS990/TotalLiabilitiesEOYAmt0309951
IRS990/TotalLiabilitiesGrp/BOYAmt0317449
IRS990/TotalLiabilitiesGrp/EOYAmt0309951
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02057161
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02106451
IRS990/TotalProgramServiceExpensesAmt02353829
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt011646
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03358911
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02374610
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02416402
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt07218
IRS990/TravelGrp/TotalAmt07218
IRS990/TypeOfOrganizationCorpInd0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.84$0.72$5.11$6.24$5.28$0.97
2023Detailed filing. Detailed filing data is available for this year.$4.74$0.60$4.14$5.50$5.35$0.15
2022Detailed filing. Detailed filing data is available for this year.$4.52$0.52$3.99$5.05$4.74$0.32
2021Detailed filing. Detailed filing data is available for this year.$4.13$0.45$3.68$4.91$4.56$0.35
2020Detailed filing. Detailed filing data is available for this year.$3.74$0.41$3.33$4.63$4.12$0.51
2019Detailed filing. Detailed filing data is available for this year.$3.32$0.50$2.82$4.48$4.05$0.43
2018Summary only. Only limited summary data is available for this year.$2.71$0.33$2.39$3.97$3.69$0.28
2017Detailed filing. Detailed filing data is available for this year.$2.42$0.31$2.11$3.36$3.31$0.05
2016Detailed filing. Detailed filing data is available for this year.$2.37$0.32$2.06$3.49$3.26$0.22
2015Detailed filing. Detailed filing data is available for this year.$2.15$0.32$1.83$3.38$2.63$0.75
2014Detailed filing. Detailed filing data is available for this year.$1.75$0.67$1.09$3.33$3.03$0.30
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.65$0.78$2.69
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.63$0.55$2.59
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.54$0.50$2.50
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$0.51$0.33$2.40