Civic Intelligence

Voyager Foundation Inc

990 • Fiscal year 2016 • EIN 26-1914817

Jul 01, 2015 to Jun 30, 2016 • Filed on Jan 04, 2017

Organization ProfileN/A
101 Hock ParcDurham, NC 27704-2563

(704) 992-0063

Siviq Scores

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

Liabilities / Assets

95th percentile

1.11x

Higher debt load relative to assets than 95% of similar nonprofits.

2016 filings • NTEE B • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

98th percentile

13.27x

Higher debt load relative to revenue than 98% of similar nonprofits.

2016 filings • NTEE B • $10M-$25M nonprofits • Source year 2016

Net Margin

15th percentile

-12%

Higher net margin than 15% of similar nonprofits.

2016 filings • NTEE B • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

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

2016 filings • NTEE B • $10M-$25M nonprofits • Source year 2016

Asset Growth

23rd percentile

-3.0%

Faster asset growth than 23% of similar nonprofits.

2016 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

52nd percentile

4.3%

Faster revenue growth than 52% of similar nonprofits.

2016 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$22,387,560

Down $687,704 (-3.0%) from 2015

Net Assets

Down

-$2,483,397

Down $362,648 (-17%) from 2015

Liabilities

Down

$24,870,957

Down $325,056 (-1.3%) from 2015

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin15th percentile

Revenue

Up

$1,874,733

Up $77,815 (+4.3%) from 2015

Expenses

Down

$2,093,020

Down $296,310 (-12%) from 2015

Net Income

Up

-$218,287

Up $374,125 (+63%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

$60M$40M$20M$0-$20MAssets 2013: $23,041,496Liabilities 2013: $23,953,826Net Assets 2013: -$912,3302013Assets 2014: $22,383,993Liabilities 2014: $23,767,447Net Assets 2014: -$1,383,4542014Assets 2015: $23,075,264Liabilities 2015: $25,196,013Net Assets 2015: -$2,120,7492015Assets 2016: $22,387,560Liabilities 2016: $24,870,957Net Assets 2016: -$2,483,3972016Assets 2017: $21,772,803Liabilities 2017: $24,516,809Net Assets 2017: -$2,744,0062017Assets 2018: $21,074,397Liabilities 2018: $24,109,706Net Assets 2018: -$3,035,3092018Assets 2019: $22,363,326Liabilities 2019: $25,607,604Net Assets 2019: -$3,244,2782019Assets 2020: $20,175,361Liabilities 2020: $28,545,000Net Assets 2020: -$8,369,6392020Assets 2021: $20,018,365Liabilities 2021: $28,545,000Net Assets 2021: -$8,526,6352021Assets 2022: $19,630,162Liabilities 2022: $28,021,250Net Assets 2022: -$8,391,0882022Assets 2023: $44,703,707Liabilities 2023: $53,642,652Net Assets 2023: -$8,938,9452023

Highlighted filing

2016

Assets$22,387,560
Liabilities$24,870,957
Net Assets-$2,483,397
Open 2016 Filing

Operations Trend

Revenue Growth52nd percentile

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

$10M$5.0M$0-$5.0M-$10MExpenses 2013: $1,196,1242013Revenue 2014: $1,656,965Expenses 2014: $1,983,727Net Income 2014: -$326,7622014Revenue 2015: $1,796,918Expenses 2015: $2,389,330Net Income 2015: -$592,4122015Revenue 2016: $1,874,733Expenses 2016: $2,093,020Net Income 2016: -$218,2872016Revenue 2017: $1,998,957Expenses 2017: $2,259,568Net Income 2017: -$260,6112017Revenue 2018: $1,962,335Expenses 2018: $2,253,638Net Income 2018: -$291,3032018Revenue 2019: $2,503,734Expenses 2019: $2,712,703Net Income 2019: -$208,9692019Revenue 2020: $2,016,916Expenses 2020: $7,142,277Net Income 2020: -$5,125,3612020Revenue 2021: $1,880,012Expenses 2021: $2,037,008Net Income 2021: -$156,9962021Revenue 2022: $2,013,602Expenses 2022: $1,878,055Net Income 2022: $135,5472022Revenue 2023: $1,943,618Expenses 2023: $2,268,595Net Income 2023: -$324,9772023

Highlighted filing

2016

Revenue$1,874,733
Expenses$2,093,020
Net Income-$218,287
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 4, 2017
Return Version
2015v3.0
Gross Receipts
$1,874,733
Mission and Program Overview

Mission

To benefit, perform the functions of, or carry out the purposes of voyager academy, inc., a public charter school.

The organization was formed for the benefit of, to perform the functions of, or to carry out the purposes of voyager academy, inc. A north carolina non-profit corporation that operates a north carolina public charter school pursuant tot he provisions of north carolina general statutes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$19,814,010$19,121,795▼ $692,215
Cash and Non-Interest-Bearing Accounts$25,011$28,895▲ $3,884
Total Assets$23,075,264$22,387,560▼ $687,704
Other Assets Total$3,236,243$3,236,870▲ $627
Liabilities
Tax Exempt Bond Liabilities$24,823,513$24,470,994▼ $352,519
Other Liabilities$372,500$375,417▲ $2,917
Accounts Payable and Accrued Expenses-$24,546-
Total Liabilities$25,196,013$24,870,957▼ $325,056
Net Assets / Fund Balance
Unrestricted Net Assets$-2,120,749$-2,483,397▼ $362,648
Total Net Assets Fund Balance$-2,120,749$-2,483,397▼ $362,648
Total Liabilities and Net Assets / Fund Balance$23,075,264$22,387,560▼ $687,704

Asset Categories

AssetBook ValueDepreciationBasis
Land$3,286,256-$3,286,256
Other Assets Org$3,236,870--
Compensation and Service Providers
Top Officer Pay19th percentile

Board Members and Trustees

NameTitle
Donald DraughonChairman
Charles WilsonBoard Member
Cindy JonesBoard Member
Jamie ClarkBoard Member
Tom BerryBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$4,895
Program Service Revenue
$1,869,838
Investment Income
$0
Other Revenue
$0
All Other Contributions
$4,895
Change in Net Assets
$-218,287

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,874,733
Total Revenue per Audited Statements
$1,874,733
Total Revenue per Form 990
$1,874,733
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,093,020
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$1,429,007--$1,429,007
Depreciation Depletion$547,854--$547,854
Occupancy$32,359--$32,359
Other Expenses$23,002--$23,002
Fees for Services Legal-$3,847-$3,847
Total Functional Expenses$2,089,173$3,847$0$2,093,020

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,237,381
Expenses per Audited Statements$2,093,020
Total Expenses per Form 990$2,093,020
Expenses Not Reported on Form 990$144,361
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
Notes Payable, Current Portion$375,417

Bond Issues

BondIssuerIssuedIssue PricePurpose
ABond2010-01-29$8,041,000-

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Voyager Foundation Inc
EIN
26-1914817
Address
101 HOCK PARC, DURHAM, NC 27704-2563

Signing Officer

Name
Donald Draughon
Title
Chairman
Signed
2017-01-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donald Draughon
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Ladd Mccall & Associates Cpas Pa
Address
PO BOX 527, HUNTERSVILLE, NC 28070
Preparer
Kandi a Ranson
Phone
7049920061
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The organization was formed for the benefit of, to perform the functions of, or to carry out the purposes of voyager academy, inc. A north carolina non-profit corporation that operates a north carolina public charter school pursuant tot he provisions of north carolina general statutes.”

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

“The organization was formed for the benefit of, to perform the functions of, or to carry out the purposes of voyager academy, inc. A north carolina non-profit corporation that operates a north carolina public charter school pursuant tot he provisions of north carolina general statutes.”

Form 990, Part XI, Line 9

“Book / tax depreciation difference -144,361 total -144,361”

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 2D

“Book / tax depreciation difference 144,361”

Raw XML Appendix343 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/EOYAmt024546
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE ORGANIZATION WAS FORMED FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF VOYAGER ACADEMY, INC. A NORTH CAROLINA NON-PROFIT CORPORATION THAT OPERATES A NORTH CAROLINA PUBLIC CHARTER SCHOOL PURSUANT TOT HE PROVISIONS OF NORTH CAROLINA GENERAL STATUTES.
IRS990/AllOtherContributionsAmt04895
IRS990/BooksInCareOfDetail/PersonNm0DONALD R DRAUGHON
IRS990/BooksInCareOfDetail/PhoneNum07049920063
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0101 HOCK PARC
IRS990/BooksInCareOfDetail/USAddress/CityNm0DURHAM
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0277042563
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt025011
IRS990/CashNonInterestBearingGrp/EOYAmt028895
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt04895
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt02093020
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01869838
IRS990/CYRevenuesLessExpensesAmt0-218287
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt02093020
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01874733
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0547854
IRS990/DepreciationDepletionGrp/TotalAmt0547854
IRS990/Desc0THE ORGANIZATION WAS FORMED FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF VOYAGER ACADEMY, INC. A NORTH CAROLINA NON-PROFIT CORPORATION THAT OPERATES A NORTH CAROLINA PUBLIC CHARTER SCHOOL PURSUANT TOT HE PROVISIONS OF NORTH CAROLINA GENERAL STATUTES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt03847
IRS990/FeesForServicesLegalGrp/TotalAmt03847
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0TOM BERRY
IRS990/Form990PartVIISectionAGrp/PersonNm1CHARLES WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm2CINDY JONES
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMIE CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm4DONALD DRAUGHON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIRMAN
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01874733
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InterestGrp/ProgramServicesAmt01429007
IRS990/InterestGrp/TotalAmt01429007
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03502788
IRS990/LandBldgEquipBasisNetGrp/BOYAmt019814010
IRS990/LandBldgEquipBasisNetGrp/EOYAmt019121795
IRS990/LandBldgEquipCostOrOtherBssAmt022624583
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ORGANIZATION WAS FORMED FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF VOYAGER ACADEMY, INC. A NORTH CAROLINA NON-PROFIT CORPORATION THAT OPERATES A NORTH CAROLINA PUBLIC CHARTER SCHOOL PURSUANT TOT HE PROVISIONS OF NORTH CAROLINA GENERAL STATUTES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-2120749
IRS990/NetAssetsOrFundBalancesEOYAmt0-2483397
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt032359
IRS990/OccupancyGrp/TotalAmt032359
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03236243
IRS990/OtherAssetsTotalGrp/EOYAmt03236870
IRS990/OtherChangesInNetAssetsAmt0-144361
IRS990/OtherExpensesGrp/Desc0AMORTIZATION EXPENSE
IRS990/OtherExpensesGrp/Desc1REPAIRS
IRS990/OtherExpensesGrp/Desc2LICENSES FEES AND PERMITS
IRS990/OtherExpensesGrp/ProgramServicesAmt032406
IRS990/OtherExpensesGrp/ProgramServicesAmt124545
IRS990/OtherExpensesGrp/ProgramServicesAmt223002
IRS990/OtherExpensesGrp/TotalAmt032406
IRS990/OtherExpensesGrp/TotalAmt124545
IRS990/OtherExpensesGrp/TotalAmt223002
IRS990/OtherLiabilitiesGrp/BOYAmt0372500
IRS990/OtherLiabilitiesGrp/EOYAmt0375417
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DONALD DRAUGHON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0VOYAGER ACADEMY
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01869838
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01869838
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE ORGANIZATION WAS FORMED FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF VOYAGER ACADEMY, INC. A NORTH CAROLINA NON-PROFIT CORPORATION THAT OPERATES A NORTH CAROLINA PUBLIC CHARTER SCHOOL PURSUANT TOT HE PROVISIONS OF NORTH CAROLINA GENERAL STATUTES.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt02089173
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0600
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt02389330
IRS990/PYProgramServiceRevenueAmt01796318
IRS990/PYRevenuesLessExpensesAmt0-592412
IRS990/PYTotalExpensesAmt02389330
IRS990/PYTotalRevenueAmt01796918
IRS990/ReconcilationRevenueExpnssAmt0-218287
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/OtherSupportSumAmt01
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0830449310
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt01
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0VOYAGER ACADEMY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesNotReportedAmt0144361
IRS990ScheduleD/ExpensesSubtotalAmt02093020
IRS990ScheduleD/LandGrp/BookValueAmt03286256
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03286256
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03236870
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BOND FUND
IRS990ScheduleD/OtherExpensesIncludedAmt0144361
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0375417
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NOTES PAYABLE, CURRENT PORTION
IRS990ScheduleD/RevenueSubtotalAmt01874733
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BOOK / TAX DEPRECIATION DIFFERENCE 144,361
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03286256
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03236870
IRS990ScheduleD/TotalExpensesPerForm990Amt02093020
IRS990ScheduleD/TotalLiabilityAmt0375417
IRS990ScheduleD/TotalRevenuePerForm990Amt01874733
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01874733
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02237381
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02010-01-29
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt08041000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0BOND
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION WAS FORMED FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF VOYAGER ACADEMY, INC. A NORTH CAROLINA NON-PROFIT CORPORATION THAT OPERATES A NORTH CAROLINA PUBLIC CHARTER SCHOOL PURSUANT TOT HE PROVISIONS OF NORTH CAROLINA GENERAL STATUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION WAS FORMED FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF VOYAGER ACADEMY, INC. A NORTH CAROLINA NON-PROFIT CORPORATION THAT OPERATES A NORTH CAROLINA PUBLIC CHARTER SCHOOL PURSUANT TOT HE PROVISIONS OF NORTH CAROLINA GENERAL STATUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOOK / TAX DEPRECIATION DIFFERENCE -144,361 TOTAL -144,361
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt024823513
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt024470994
IRS990/TaxExemptBondsInd0true
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt023075264
IRS990/TotalAssetsEOYAmt022387560
IRS990/TotalAssetsGrp/BOYAmt023075264
IRS990/TotalAssetsGrp/EOYAmt022387560
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt04895
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03847
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02089173
IRS990/TotalFunctionalExpensesGrp/TotalAmt02093020
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt025196013
IRS990/TotalLiabilitiesEOYAmt024870957
IRS990/TotalLiabilitiesGrp/BOYAmt025196013
IRS990/TotalLiabilitiesGrp/EOYAmt024870957
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-2120749
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-2483397
IRS990/TotalOtherProgSrvcExpenseAmt02089173
IRS990/TotalProgramServiceExpensesAmt02089173
IRS990/TotalProgramServiceRevenueAmt01869838
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01869838
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01874733
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt023075264
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt022387560
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-2120749
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-2483397
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01 STONEGLEN COURT
IRS990/USAddress/CityNm0DURHAM
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027712
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DONALD DRAUGHON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-01-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VOYAGER FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0VOYA
ReturnHeader/Filer/EIN0261914817
ReturnHeader/Filer/USAddress/AddressLine1Txt0101 HOCK PARC
ReturnHeader/Filer/USAddress/CityNm0DURHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd0277042563
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0562226954
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LADD MCCALL & ASSOCIATES CPAS PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 527
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HUNTERSVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028070
ReturnHeader/PreparerPersonGrp/PhoneNum07049920061
ReturnHeader/PreparerPersonGrp/PreparationDt02017-01-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KANDI A RANSON
ReturnHeader/ReturnTs02017-01-13T12:01:26-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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
$22,387,560
Liabilities
$24,870,957
Net assets
-$2,483,397
Revenue
$1,874,733
Expenses
$2,093,020
Net income
-$218,287
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.7$53.6$8.94$1.94$2.27$0.32
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.6$28.0$8.39$2.01$1.88$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.0$28.5$8.53$1.88$2.04$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.2$28.5$8.37$2.02$7.14$5.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.4$25.6$3.24$2.50$2.71$0.21
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.1$24.1$3.04$1.96$2.25$0.29
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.8$24.5$2.74$2.00$2.26$0.26
2016Detailed filing. Detailed filing data is available for this year.$22.4$24.9$2.48$1.87$2.09$0.22
2015Detailed filing. Detailed filing data is available for this year.$23.1$25.2$2.12$1.80$2.39$0.59
2014Detailed filing. Detailed filing data is available for this year.$22.4$23.8$1.38$1.66$1.98$0.33
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.0$24.0$0.91$1.20