Civic Intelligence

Kipp Academy Charlotte

990 • Fiscal year 2016 • EIN 20-5664061

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 01, 2017

Organization Profilewww.kippcharlotte.org
931 Wilann DriveCharlotte, NC 28215

(704) 537-2044

Siviq Scores

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

Liabilities / Assets

87th percentile

0.76x

Higher debt load relative to assets than 87% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

86th percentile

0.75x

Higher debt load relative to revenue than 86% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Net Margin

63rd percentile

6.9%

Higher net margin than 63% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

32nd percentile

$0

Higher top officer pay than 32% of similar nonprofits.

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

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Asset Growth

57th percentile

5.8%

Faster asset growth than 57% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

63rd percentile

10.0%

Faster revenue growth than 63% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets87th percentile

Assets

Up

$3,958,215

Up $215,985 (+5.8%) from 2015

Net Assets

Up

$964,751

Up $277,369 (+40%) from 2015

Liabilities

Down

$2,993,464

Down $61,384 (-2.0%) from 2015

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin63rd percentile

Revenue

Up

$4,016,048

Up $363,637 (+10.0%) from 2015

Expenses

Up

$3,738,679

Up $426,680 (+13%) from 2015

Net Income

Down

$277,369

Down $63,043 (-19%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth57th percentile

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

$20M$10M$0-$10MAssets 2011: $3,628,967Liabilities 2011: $2,515,348Net Assets 2011: $1,113,6192011Assets 2012: $3,664,081Liabilities 2012: $2,407,634Net Assets 2012: $1,256,4472012Assets 2013: $3,379,032Liabilities 2013: $2,174,650Net Assets 2013: $1,204,3822013Assets 2014: $3,399,936Liabilities 2014: $2,197,907Net Assets 2014: $1,202,0292014Assets 2015: $3,742,230Liabilities 2015: $3,054,848Net Assets 2015: $687,3822015Assets 2016: $3,958,215Liabilities 2016: $2,993,464Net Assets 2016: $964,7512016Assets 2017: $4,915,434Liabilities 2017: $3,912,870Net Assets 2017: $1,002,5642017Assets 2018: $5,944,760Liabilities 2018: $12,186,048Net Assets 2018: -$6,241,2882018Assets 2019: $8,280,369Liabilities 2019: $14,971,979Net Assets 2019: -$6,691,6102019Assets 2020: $8,748,510Liabilities 2020: $16,185,745Net Assets 2020: -$7,437,2352020Assets 2021: $16,558,259Liabilities 2021: $13,844,874Net Assets 2021: $2,713,3852021Assets 2022: $18,623,018Liabilities 2022: $14,677,380Net Assets 2022: $3,945,6382022Assets 2023: $18,917,961Liabilities 2023: $14,118,396Net Assets 2023: $4,799,5652023Assets 2024: $19,405,457Liabilities 2024: $13,575,832Net Assets 2024: $5,829,6252024

Highlighted filing

2016

Assets$3,958,215
Liabilities$2,993,464
Net Assets$964,751
Open 2016 Filing

Operations Trend

Revenue Growth63rd percentile

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

$30M$20M$10M$0-$10MExpenses 2011: $3,137,7722011Revenue 2012: $3,377,221Expenses 2012: $3,234,393Net Income 2012: $142,8282012Expenses 2013: $3,644,5982013Revenue 2014: $3,320,813Expenses 2014: $3,323,166Net Income 2014: -$2,3532014Revenue 2015: $3,652,411Expenses 2015: $3,311,999Net Income 2015: $340,4122015Revenue 2016: $4,016,048Expenses 2016: $3,738,679Net Income 2016: $277,3692016Revenue 2017: $5,801,812Expenses 2017: $5,763,999Net Income 2017: $37,8132017Revenue 2018: $7,854,799Expenses 2018: $8,179,500Net Income 2018: -$324,7012018Revenue 2019: $8,428,762Expenses 2019: $8,879,084Net Income 2019: -$450,3222019Revenue 2020: $9,262,664Expenses 2020: $10,008,289Net Income 2020: -$745,6252020Revenue 2021: $20,360,204Expenses 2021: $10,209,584Net Income 2021: $10,150,6202021Revenue 2022: $12,861,729Expenses 2022: $11,629,476Net Income 2022: $1,232,2532022Revenue 2023: $13,101,242Expenses 2023: $12,278,405Net Income 2023: $822,8372023Revenue 2024: $13,841,843Expenses 2024: $13,008,030Net Income 2024: $833,8132024

Highlighted filing

2016

Revenue$4,016,048
Expenses$3,738,679
Net Income$277,369
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 1, 2017
Return Version
2015v3.0
Gross Receipts
$4,016,048
Mission and Program Overview

Mission

Operate a public charter school

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,700,580$2,585,234▼ $115,346
Cash and Non-Interest-Bearing Accounts$794,300$967,693▲ $173,393
Accounts Receivable$97,812$112,250▲ $14,438
Prepaid Expenses and Deferred Charges$149,538$52,349▼ $97,189
Total Assets$3,742,230$3,958,215▲ $215,985
Other Assets Total-$240,689-
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,955,218$2,005,717▲ $50,499
Other Liabilities-$848,672-
Accounts Payable and Accrued Expenses$149,280$103,260▼ $46,020
Deferred Revenue$950,350$35,815▼ $914,535
Total Liabilities$3,054,848$2,993,464▼ $61,384
Net Assets / Fund Balance
Temporarily Rstr Net Assets$748,284$585,234▼ $163,050
Unrestricted Net Assets$-60,902$379,517▲ $440,419
Total Net Assets Fund Balance$687,382$964,751▲ $277,369
Total Liabilities and Net Assets / Fund Balance$3,742,230$3,958,215▲ $215,985

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,523,470$693,946$3,217,416
Equipment$46,920$222,395$269,315
Land$14,844-$14,844
Other Assets Org$73,984--
Compensation and Service Providers
Top Officer Pay32nd percentile

Board Members and Trustees

NameTitle
Becky WinklerChair
Alice SchulteDirector
Corrie ManisDirector
Donna RogersDirector
Edwin NealDirector
Kwain BryantDirector
Michael VeranoDirector
Michelle Connley-goreDirector
Barbara Maida-stolleSecretary
Campbell WilsonSecretary
Jonathan EideTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,993,858
Program Service Revenue
$0
Investment Income
$-43,580
Other Revenue
$65,770
All Other Contributions
$608,231
Change in Net Assets
$277,369

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,016,048
Total Revenue per Audited Statements
$4,016,048
Total Revenue per Form 990
$4,016,048
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,332,134
Other Expenses$1,406,545
Total Fundraising Expense$1,272
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,776,844$91,748$0$1,868,592
All Other Expenses$52,280$226,785$0$279,065
Office Expenses$157,987$59,814$0$217,801
Other Employee Benefits$204,959$10,279$0$215,238
Payroll Taxes$150,799$7,778$0$158,577
Interest$0$126,575$0$126,575
Other Expenses$0$124,921$0$124,921
Depreciation Depletion$19,454$95,892$0$115,346
Pension Plan Contributions$78,658$11,069$0$89,727
Advertising$0$50,440$0$50,440
Occupancy$0$46,077$0$46,077
Conferences and Meetings$39,775$465$0$40,240
Fees for Services Legal$0$36,151$0$36,151
Information Technology$23,461$350$0$23,811
Travel$18,904$0$0$18,904
Insurance$102$15,712$0$15,814
Fees for Services Accounting$0$8,300$0$8,300
Total Functional Expenses$2,650,728$1,086,679$1,272$3,738,679

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,738,679
Total Expenses per Audited Statements$3,738,679
Total Expenses per Form 990$3,738,679
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
Net Pension Liability$445,909
Pension Deferrals$328,779
Derivative Instrument-Int Rate Swap$73,984
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
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
KIPP Academy Charlotte
EIN
20-5664061
Phone
7045372044
Address
931 Wilann Drive, Charlotte, NC 28215

Signing Officer

Name
Becky Winkler
Title
Chair
Phone
7045372044
Signed
2017-02-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Becky Winkler
Formed
2007
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
64
Volunteers
60

Preparer

Firm
Darrell L Keller CPA PA
Address
PO Box 1028, Kings Mountain, NC 28086
Preparer
Darrell L Keller
Phone
7047390771
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Form 990 is reviewed by the board before filing.”

Pt VI, Line 12C

“Coflict of interest statements are signed annually.”

Pt VI, Line 15A

“Compared to other charter schools”

Pt VI, Line 15B

“Compared to other charter schools”

Form 990, Part IX, Line 24E

“Non Capital Equipment 26345. 26345. 0. 0.”

Form 990, Part IX, Line 24E

“Repairs & Maint. 14686. 0. 14686. 0.”

Form 990, Part IX, Line 24E

“Field Trips 25935. 25935. 0. 0.”

Form 990, Part IX, Line 24E

“Pupil Transportation 212099. 0. 212099. 0.”

Raw XML AppendixShowing 400 of 446 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0149280
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0103260
IRS990/AccountsReceivableGrp/BOYAmt097812
IRS990/AccountsReceivableGrp/EOYAmt0112250
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Operate a public charter school
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt050440
IRS990/AdvertisingGrp/ProgramServicesAmt00
IRS990/AdvertisingGrp/TotalAmt050440
IRS990/AllOtherContributionsAmt0608231
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0226785
IRS990/AllOtherExpensesGrp/ProgramServicesAmt052280
IRS990/AllOtherExpensesGrp/TotalAmt0279065
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Acadia NorthStar
IRS990/BooksInCareOfDetail/PhoneNum09199547040
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05029 Falls Of Neuse Road
IRS990/BooksInCareOfDetail/USAddress/CityNm0Raleigh
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0276095498
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0794300
IRS990/CashNonInterestBearingGrp/EOYAmt0967693
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/FundraisingAmt00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0465
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt039775
IRS990/ConferencesMeetingsGrp/TotalAmt040240
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03993858
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-43580
IRS990/CYOtherExpensesAmt01406545
IRS990/CYOtherRevenueAmt065770
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0277369
IRS990/CYSalariesCompEmpBnftPaidAmt02332134
IRS990/CYTotalExpensesAmt03738679
IRS990/CYTotalFundraisingExpenseAmt01272
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04016048
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0950350
IRS990/DeferredRevenueGrp/EOYAmt035815
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt095892
IRS990/DepreciationDepletionGrp/ProgramServicesAmt019454
IRS990/DepreciationDepletionGrp/TotalAmt0115346
IRS990/Desc0TO PROVIDE EDUCATIONAL OPPORTUNITIES FOR THE CHILDREN THAT ATTEND THE CHARTER SCHOOL.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt064
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt02650728
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08300
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt08300
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt036151
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt036151
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL VERANO
IRS990/Form990PartVIISectionAGrp/PersonNm1BECKY WINKLER
IRS990/Form990PartVIISectionAGrp/PersonNm2ALICE SCHULTE
IRS990/Form990PartVIISectionAGrp/PersonNm3DONNA ROGERS
IRS990/Form990PartVIISectionAGrp/PersonNm4CAMPBELL WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm5KWAIN BRYANT
IRS990/Form990PartVIISectionAGrp/PersonNm6BARBARA MAIDA-STOLLE
IRS990/Form990PartVIISectionAGrp/PersonNm7EDWIN NEAL
IRS990/Form990PartVIISectionAGrp/PersonNm8JONATHAN EIDE
IRS990/Form990PartVIISectionAGrp/PersonNm9MICHELLE CONNLEY-GORE
IRS990/Form990PartVIISectionAGrp/PersonNm10CORRIE MANIS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt03385627
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt04016048
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0350
IRS990/InformationTechnologyGrp/ProgramServicesAmt023461
IRS990/InformationTechnologyGrp/TotalAmt023811
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt015712
IRS990/InsuranceGrp/ProgramServicesAmt0102
IRS990/InsuranceGrp/TotalAmt015814
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt0126575
IRS990/InterestGrp/ProgramServicesAmt00
IRS990/InterestGrp/TotalAmt0126575
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0-43580
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0916341
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02700580
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02585234
IRS990/LandBldgEquipCostOrOtherBssAmt03501575
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Operate a public charter school
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01955218
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02005717
IRS990/NetAssetsOrFundBalancesBOYAmt0687382
IRS990/NetAssetsOrFundBalancesEOYAmt0964751
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt046077
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt046077
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt059814
IRS990/OfficeExpensesGrp/ProgramServicesAmt0157987
IRS990/OfficeExpensesGrp/TotalAmt0217801
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt0240689
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt010279
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0204959
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0215238
IRS990/OtherExpensesGrp/Desc0Other
IRS990/OtherExpensesGrp/Desc1Contracted Services
IRS990/OtherExpensesGrp/Desc2Books and Supplies
IRS990/OtherExpensesGrp/Desc3Food Service
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt1525
IRS990/OtherExpensesGrp/FundraisingAmt2747
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1159255
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt215068
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3124921
IRS990/OtherExpensesGrp/ProgramServicesAmt0200
IRS990/OtherExpensesGrp/ProgramServicesAmt152420
IRS990/OtherExpensesGrp/ProgramServicesAmt274885
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt0200
IRS990/OtherExpensesGrp/TotalAmt1212200
IRS990/OtherExpensesGrp/TotalAmt290700
IRS990/OtherExpensesGrp/TotalAmt3124921
IRS990/OtherLiabilitiesGrp/EOYAmt0848672
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0Uniforms
IRS990/OtherRevenueMiscGrp/Desc1Other
IRS990/OtherRevenueMiscGrp/Desc2Lunch Revenue
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt010191
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt151420
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt24159
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt010191
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt151420
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt24159
IRS990/OtherRevenueTotalAmt065770
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt091748
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01776844
IRS990/OtherSalariesAndWagesGrp/TotalAmt01868592
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07778
IRS990/PayrollTaxesGrp/ProgramServicesAmt0150799
IRS990/PayrollTaxesGrp/TotalAmt0158577
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt011069
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt078658
IRS990/PensionPlanContributionsGrp/TotalAmt089727
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0149538
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt052349
IRS990/PrincipalOfficerNm0BECKY WINKLER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03586737
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt01352317
IRS990/PYOtherRevenueAmt065674
IRS990/PYRevenuesLessExpensesAmt0340412
IRS990/PYSalariesCompEmpBnftPaidAmt01959682
IRS990/PYTotalExpensesAmt03311999
IRS990/PYTotalRevenueAmt03652411
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0277369
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt04016048
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02523470
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0693946
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03217416
IRS990ScheduleD/EquipmentGrp/BookValueAmt046920
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0222395
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0269315
IRS990ScheduleD/ExpensesSubtotalAmt03738679
IRS990ScheduleD/LandGrp/BookValueAmt014844
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt014844
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0166705
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt173984
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Contributions to Pension Plan
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Decrease on fair value-Interest Rate Swap
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0328779
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1445909
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt273984
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Pension Deferrals
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Net Pension Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Derivative Instrument-Int Rate Swap
IRS990ScheduleD/RevenueSubtotalAmt04016048
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02585234
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0240689
IRS990ScheduleD/TotalExpensesPerForm990Amt03738679
IRS990ScheduleD/TotalLiabilityAmt0848672
IRS990ScheduleD/TotalRevenuePerForm990Amt04016048
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04016048
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03738679
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/ExplanationTxt0THIS IS A PUBLIC CHARTER SCHOOL AND AS SUCH ADHERES TO ALL REGULATIONS PUT FORTH BY THE NC DEPARTMENT OF PUBLIC INSTRUCTION. SEE EXPLANATION ON PAGE ONE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1N/A
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 6b
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is reviewed by the board before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Coflict of interest statements are signed annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compared to other charter schools
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compared to other charter schools
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Non Capital Equipment 26345. 26345. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Repairs & Maint. 14686. 0. 14686. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Field Trips 25935. 25935. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Pupil Transportation 212099. 0. 212099. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0748284
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0585234
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03742230
IRS990/TotalAssetsEOYAmt03958215
IRS990/TotalAssetsGrp/BOYAmt03742230
IRS990/TotalAssetsGrp/EOYAmt03958215
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03993858
IRS990/TotalEmployeeCnt064
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01272
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01086679
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02650728
IRS990/TotalFunctionalExpensesGrp/TotalAmt03738679
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03054848
IRS990/TotalLiabilitiesEOYAmt02993464
IRS990/TotalLiabilitiesGrp/BOYAmt03054848
IRS990/TotalLiabilitiesGrp/EOYAmt02993464
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0687382
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0964751
IRS990/TotalProgramServiceExpensesAmt02650728
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt022190
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04016048
IRS990/TotalVolunteersCnt060
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03742230

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,958,215
Liabilities
$2,993,464
Net assets
$964,751
Revenue
$4,016,048
Expenses
$3,738,679
Net income
$277,369
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.4$13.6$5.83$13.8$13.0$0.83
2023Detailed filing. Detailed filing data is available for this year.$18.9$14.1$4.80$13.1$12.3$0.82
2022Detailed filing. Detailed filing data is available for this year.$18.6$14.7$3.95$12.9$11.6$1.23
2021Detailed filing. Detailed filing data is available for this year.$16.6$13.8$2.71$20.4$10.2$10.2
2020Detailed filing. Detailed filing data is available for this year.$8.75$16.2$7.44$9.26$10.0$0.75
2019Detailed filing. Detailed filing data is available for this year.$8.28$15.0$6.69$8.43$8.88$0.45
2018Detailed filing. Detailed filing data is available for this year.$5.94$12.2$6.24$7.85$8.18$0.32
2017Detailed filing. Detailed filing data is available for this year.$4.92$3.91$1.00$5.80$5.76$0.04
2016Detailed filing. Detailed filing data is available for this year.$3.96$2.99$0.96$4.02$3.74$0.28
2015Detailed filing. Detailed filing data is available for this year.$3.74$3.05$0.69$3.65$3.31$0.34
2014Detailed filing. Detailed filing data is available for this year.$3.40$2.20$1.20$3.32$3.32$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.38$2.17$1.20$3.64
2012Summary only. Only limited summary data is available for this year.$3.66$2.41$1.26$3.38$3.23$0.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.63$2.52$1.11$3.14