Civic Intelligence

South Carolina Virtual Charter School

990 • Fiscal year 2017 • EIN 26-1966189

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

Organization ProfileWWW.SCVCS.ORG
140 Stoneridge Drive Suite 420Columbia, SC 29210

(803) 253-6222

Siviq Scores

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

Liabilities / Assets

95th percentile

1.10x

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

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

65th percentile

0.57x

Higher debt load relative to revenue than 65% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Net Margin

62nd percentile

6.9%

Higher net margin than 62% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

16th percentile

$124,782

Higher top officer pay than 16% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Asset Growth

92nd percentile

34%

Faster asset growth than 92% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

59th percentile

8.0%

Faster revenue growth than 59% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$13,808,195

Up $3,478,701 (+34%) from 2016

Net Assets

Up

-$1,376,470

Up $994,463 (+42%) from 2016

Liabilities

Up

$15,184,665

Up $2,484,238 (+20%) from 2016

Revenue And Expenses
Liabilities / Revenue65th percentileNet Margin62nd percentile

Revenue

Up

$26,826,758

Up $1,984,389 (+8.0%) from 2016

Expenses

Up

$24,979,136

Up $1,027,150 (+4.3%) from 2016

Net Income

Up

$1,847,622

Up $957,239 (+108%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

$60M$40M$20M$0-$20MAssets 2011: $3,071,392Liabilities 2011: $3,071,392Net Assets 2011: $02011Assets 2012: $2,570,108Liabilities 2012: $2,570,108Net Assets 2012: $02012Assets 2013: $4,497,267Liabilities 2013: $1,818,705Net Assets 2013: $2,678,5622013Assets 2014: $8,207,181Liabilities 2014: $5,063,213Net Assets 2014: $3,143,9682014Assets 2015: $8,101,209Liabilities 2015: $10,979,217Net Assets 2015: -$2,878,0082015Assets 2016: $10,329,494Liabilities 2016: $12,700,427Net Assets 2016: -$2,370,9332016Assets 2017: $13,808,195Liabilities 2017: $15,184,665Net Assets 2017: -$1,376,4702017Assets 2018: $15,335,471Liabilities 2018: $16,935,349Net Assets 2018: -$1,599,8782018Assets 2019: $8,986,364Liabilities 2019: $17,243,283Net Assets 2019: -$8,256,9192019Assets 2020: $8,924,453Liabilities 2020: $17,746,239Net Assets 2020: -$8,821,7862020Assets 2021: $14,646,057Liabilities 2021: $20,103,039Net Assets 2021: -$5,456,9822021Assets 2022: $26,912,937Liabilities 2022: $43,418,380Net Assets 2022: -$16,505,4432022Assets 2023: $32,536,227Liabilities 2023: $42,786,284Net Assets 2023: -$10,250,0572023Assets 2024: $34,950,330Liabilities 2024: $43,257,396Net Assets 2024: -$8,307,0662024

Highlighted filing

2017

Assets$13,808,195
Liabilities$15,184,665
Net Assets-$1,376,470
Open 2017 Filing

Operations Trend

Revenue Growth59th percentile

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

$40M$20M$0-$20MExpenses 2011: $10,847,4132011Expenses 2012: $18,791,7182012Expenses 2013: $18,163,3282013Revenue 2014: $21,525,479Expenses 2014: $21,060,073Net Income 2014: $465,4062014Revenue 2015: $25,349,703Expenses 2015: $22,999,421Net Income 2015: $2,350,2822015Revenue 2016: $24,842,369Expenses 2016: $23,951,986Net Income 2016: $890,3832016Revenue 2017: $26,826,758Expenses 2017: $24,979,136Net Income 2017: $1,847,6222017Revenue 2018: $27,029,240Expenses 2018: $27,252,648Net Income 2018: -$223,4082018Revenue 2019: $24,613,988Expenses 2019: $30,074,920Net Income 2019: -$5,460,9322019Revenue 2020: $25,262,136Expenses 2020: $24,773,340Net Income 2020: $488,7962020Revenue 2021: $37,851,009Expenses 2021: $33,647,486Net Income 2021: $4,203,5232021Revenue 2022: $37,235,602Expenses 2022: $33,948,361Net Income 2022: $3,287,2412022Revenue 2023: $30,772,423Expenses 2023: $23,072,350Net Income 2023: $7,700,0732023Revenue 2024: $25,957,752Expenses 2024: $22,963,048Net Income 2024: $2,994,7042024

Highlighted filing

2017

Revenue$26,826,758
Expenses$24,979,136
Net Income$1,847,622
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 1, 2018
Return Version
2016v3.1
Gross Receipts
$26,826,758
Mission and Program Overview

Mission

Uses the k12 curriculum to offer south carolina students in grades k-12 an exceptional learning experience with individualized learning approaches, the south carolina virtual charter school and k12 provide the tools kids need to succeed - in school and beyond

Uses the k12 curriculum to offer south carolina students in grades k-12 an exceptional learning experience with individualized learning approaches, the south carolina virtual charter school and k12 provide the tools kids need to succeed- in school and beyond

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$8,092,922$6,697,283▼ $1,395,639
Savings and Temporary Cash Investments-$3,519,669-
Accounts Receivable$90,204$80,188▼ $10,016
Prepaid Expenses and Deferred Charges$58,880$26,494▼ $32,386
Land, Buildings, and Equipment, Net$994--
Total Assets$10,329,494$13,808,195▲ $3,478,701
Other Assets Total$2,086,494$3,484,561▲ $1,398,067
Liabilities
Other Liabilities$10,476,648$12,735,102▲ $2,258,454
Accounts Payable and Accrued Expenses$2,137,801$2,357,670▲ $219,869
Deferred Revenue$85,978$91,893▲ $5,915
Total Liabilities$12,700,427$15,184,665▲ $2,484,238
Net Assets / Fund Balance
Unrestricted Net Assets$-2,370,933$-1,376,470▲ $994,463
Total Net Assets Fund Balance$-2,370,933$-1,376,470▲ $994,463
Total Liabilities and Net Assets / Fund Balance$10,329,494$13,808,195▲ $3,478,701

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$79,123-
Other Assets Org$358,184--
Compensation and Service Providers
Top Officer Pay16th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Dr L Cherry DanielHead of SchoFT$124,782$124,782

Board Members and Trustees

NameTitle
Julie Anne KornahrensBoard Chairp
Janet ThompsonVice-chairpe
Cathy BonnerTrustee
Dr Lyn MuellerTrustee
Julie ArmstrongTrustee
Emeriel HubbardTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
K12 Management INCEd. Curriculum2300 CORPORATE DRIVE, Herndon, VA 20171$13,191,086
Cantey Technology Consulting LLCTech Support2702 AZALEA DRIVE, North Charleston, SC 29405$269,729
Atrium Holdings LLCReal EstatePO BOX 3546, Little Rock, AR 72203$162,535
Revenue and Support

Revenue Composition

Contributions and Grants
$26,769,831
Program Service Revenue
$30,165
Investment Income
$26,762
Other Revenue
$0
Change in Net Assets
$1,847,622

Audited Revenue Reconciliation

Revenue per Audited Statements
$26,826,758
Total Revenue per Audited Statements
$26,826,758
Total Revenue per Form 990
$26,826,758
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$15,865,301
Salaries, Compensation, and Employee Benefits$9,113,835
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Information Technology$8,592,609$51,569-$8,644,178
Other Salaries and Wages$6,129,679$388,013-$6,517,692
Fees for Services Management$14,307$3,684,531-$3,698,838
Pension Plan Contributions$1,050,102$62,539-$1,112,641
Other Employee Benefits$849,316$16,773-$866,089
Payroll Taxes$451,093$34,583-$485,676
Occupancy$297,610$8,787-$306,397
Travel$210,300$56,468-$266,768
Current Officers, Directors, Trustees, and Key Employees$131,737--$131,737
Insurance$109,636$5,543-$115,179
Fees for Services Other$26,888$3,512-$30,400
Fees for Services Lobbying-$30,312-$30,312
Fees for Services Accounting$27,050--$27,050
Advertising-$13,715-$13,715
Fees for Services Legal-$13,473-$13,473
Other Expenses$9,135$2,083-$11,218
All Other Expenses$893$1,232-$2,125
Depreciation Depletion$994--$994
Total Functional Expenses$20,556,008$4,423,128$0$24,979,136

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$25,832,295
Expenses per Audited Statements$24,979,136
Total Expenses per Form 990$24,979,136
Expenses Not Reported on Form 990$853,159
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
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$12,721,287
Deferred Pension Credits$13,815
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

“The review is completed by the business operations manager, school's accountant, and reviewed by adminstration.”

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

“If a conflict or concern were to be disclosed, the school's attorney would be consulted to review the issue or concern”

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

“The school board sets the compensation for the head of school. They take into consideration salaries of other comparable positions in sc public schools.”

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

“The school board sets the compensation for the head of school. They take into consideration salaries of other comparable positions in sc public schools.”

Form 990, Page 6, Part VI, Line 19

“Governing documents, conflict of interest policy, and financial statement are available upon request from the south carolina public charter school district.”

Filing and Contact Details

Filer

Filer Name
South Carolina Virtual Charter
EIN
26-1966189
Phone
8032536222
Address
140 STONERIDGE DRIVE SUITE 420, COLUMBIA, SC 29210

Signing Officer

Name
Dr L Cherry Daniel
Title
Head of School
Phone
8664675184
Signed
2018-05-01

Organization Details

Principal Officer
Dr L Cherry Daniel
Formed
2007
Legal Domicile
Sc
Voting Board Members
6
Independent Board Members
6
Employees
168

Preparer

Firm
Greene Finney Llp
Address
800 E WASHINGTON ST STE D, GREENVILLE, SC 29601-3054
Preparer
Susan Denise Eidson CPA
Phone
8644517381
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Uses the k12 curriculum to offer south carolina students in grades k-12 an exceptional learning experience with individualized learning approaches, the south carolina virtual charter school and k12 provide the tools kids need to succeed - in school and beyond”

Form 990, Part XI, Line 9

“Change in pension liability -853,159”

Financial Statement Notes

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

“Change in net pension liability 853,159”

Raw XML AppendixShowing 400 of 440 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/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0USES THE K12 CURRICULUM TO OFFER SOUTH CAROLINA STUDENTS IN GRADES K-12 AN EXCEPTIONAL LEARNING EXPERIENCE WITH INDIVIDUALIZED LEARNING APPROACHES, THE SOUTH CAROLINA VIRTUAL CHARTER SCHOOL AND K12 PROVIDE THE TOOLS KIDS NEED TO SUCCEED - IN SCHOOL AND BEYOND
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-2370933
IRS990/NetAssetsOrFundBalancesEOYAmt0-1376470
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt08787
IRS990/OccupancyGrp/ProgramServicesAmt0297610
IRS990/OccupancyGrp/TotalAmt0306397
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02086494
IRS990/OtherAssetsTotalGrp/EOYAmt03484561
IRS990/OtherChangesInNetAssetsAmt0-853159
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt016773
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0849316
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0866089
IRS990/OtherExpensesGrp/Desc0MATERIALS AND SUPPLIES
IRS990/OtherExpensesGrp/Desc1COMMUNICATIONS
IRS990/OtherExpensesGrp/Desc2STUDENT SERVICES
IRS990/OtherExpensesGrp/Desc3OTHER OBJECTS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt030349
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt118446
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21200
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt32083
IRS990/OtherExpensesGrp/ProgramServicesAmt02249249
IRS990/OtherExpensesGrp/ProgramServicesAmt1282591
IRS990/OtherExpensesGrp/ProgramServicesAmt2122819
IRS990/OtherExpensesGrp/ProgramServicesAmt39135
IRS990/OtherExpensesGrp/TotalAmt02279598
IRS990/OtherExpensesGrp/TotalAmt1301037
IRS990/OtherExpensesGrp/TotalAmt2124019
IRS990/OtherExpensesGrp/TotalAmt311218
IRS990/OtherLiabilitiesGrp/BOYAmt010476648
IRS990/OtherLiabilitiesGrp/EOYAmt012735102
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0388013
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt06129679
IRS990/OtherSalariesAndWagesGrp/TotalAmt06517692
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt034583
IRS990/PayrollTaxesGrp/ProgramServicesAmt0451093
IRS990/PayrollTaxesGrp/TotalAmt0485676
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt062539
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01050102
IRS990/PensionPlanContributionsGrp/TotalAmt01112641
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt058880
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt026494
IRS990/PrincipalOfficerNm0DR L CHERRY DANIEL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0SUMMER SCHOOL TUITION
IRS990/ProgramServiceRevenueGrp/Desc1MISC INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt022965
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt17200
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt022965
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt17200
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt024792802
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt015731130
IRS990/PYProgramServiceRevenueAmt049567
IRS990/PYRevenuesLessExpensesAmt0890383
IRS990/PYSalariesCompEmpBnftPaidAmt08220856
IRS990/PYTotalExpensesAmt023951986
IRS990/PYTotalRevenueAmt024842369
IRS990/ReconcilationRevenueExpnssAmt01847622
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt030165
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03519669
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearAmt01516
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus1Amt01500
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus2Amt01500
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus3Amt01516
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/TotalAmt06032
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearAmt06062
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus1Amt06000
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus2Amt06000
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus3Amt06062
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/TotalAmt024124
IRS990ScheduleC/GrassrootsCeilingAmt09048
IRS990ScheduleC/GrassrootsNontaxableGrp/FilingOrganizationsTotalAmt01516
IRS990ScheduleC/LobbyingCeilingAmt036186
IRS990ScheduleC/LobbyingNontaxableAmountGrp/FilingOrganizationsTotalAmt06062
IRS990ScheduleC/OtherExemptPurposeExpendGrp/FilingOrganizationsTotalAmt030312
IRS990ScheduleC/TotalExemptPurposeExpendGrp/FilingOrganizationsTotalAmt030312
IRS990ScheduleD/EquipmentGrp/DepreciationAmt079123
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt079123
IRS990ScheduleD/ExpensesNotReportedAmt0853159
IRS990ScheduleD/ExpensesSubtotalAmt024979136
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03126377
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1358184
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0NET DEFERRED OUTFLOW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM OTHER GOV'T
IRS990ScheduleD/OtherExpensesIncludedAmt0853159
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012721287
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt113815
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED PENSION CREDITS
IRS990ScheduleD/RevenueSubtotalAmt026826758
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CHANGE IN NET PENSION LIABILITY 853,159
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03484561
IRS990ScheduleD/TotalExpensesPerForm990Amt024979136
IRS990ScheduleD/TotalLiabilityAmt012735102
IRS990ScheduleD/TotalRevenuePerForm990Amt026826758
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt026826758
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt025832295
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE POLICY IS DISPLAYED ON THE SC VIRTUAL CHARTER SCHOOL WEBSITE AND STATES: "THE SOUTH CAROLINA PUBLIC CHARTER SCHOOL DISTRICT AND SOUTH CAROLINA VIRTUAL CHARTER SCHOOL DO NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, SEX, DISABILITY, AGE, RELIGION, OR IMMIGRANT STATUS IN ITS PROGRAMS AND ACTIVITIES AND PROVIDES EQUAL ACCESS TO THE BOY SCOUTS AND OTHER DESIGNATED YOUTH GROUPS."
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0USES THE K12 CURRICULUM TO OFFER SOUTH CAROLINA STUDENTS IN GRADES K-12 AN EXCEPTIONAL LEARNING EXPERIENCE WITH INDIVIDUALIZED LEARNING APPROACHES, THE SOUTH CAROLINA VIRTUAL CHARTER SCHOOL AND K12 PROVIDE THE TOOLS KIDS NEED TO SUCCEED - IN SCHOOL AND BEYOND
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE REVIEW IS COMPLETED BY THE BUSINESS OPERATIONS MANAGER, SCHOOL'S ACCOUNTANT, AND REVIEWED BY ADMINSTRATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IF A CONFLICT OR CONCERN WERE TO BE DISCLOSED, THE SCHOOL'S ATTORNEY WOULD BE CONSULTED TO REVIEW THE ISSUE OR CONCERN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SCHOOL BOARD SETS THE COMPENSATION FOR THE HEAD OF SCHOOL. THEY TAKE INTO CONSIDERATION SALARIES OF OTHER COMPARABLE POSITIONS IN SC PUBLIC SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SCHOOL BOARD SETS THE COMPENSATION FOR THE HEAD OF SCHOOL. THEY TAKE INTO CONSIDERATION SALARIES OF OTHER COMPARABLE POSITIONS IN SC PUBLIC SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENT ARE AVAILABLE UPON REQUEST FROM THE SOUTH CAROLINA PUBLIC CHARTER SCHOOL DISTRICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CHANGE IN PENSION LIABILITY -853,159
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt010329494
IRS990/TotalAssetsEOYAmt013808195
IRS990/TotalAssetsGrp/BOYAmt010329494
IRS990/TotalAssetsGrp/EOYAmt013808195
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt026769831
IRS990/TotalEmployeeCnt0168
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04423128
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt020556008
IRS990/TotalFunctionalExpensesGrp/TotalAmt024979136
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt012700427
IRS990/TotalLiabilitiesEOYAmt015184665
IRS990/TotalLiabilitiesGrp/BOYAmt012700427
IRS990/TotalLiabilitiesGrp/EOYAmt015184665
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-2370933
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1376470
IRS990/TotalProgramServiceExpensesAmt020556008
IRS990/TotalProgramServiceRevenueAmt030165
IRS990/TotalReportableCompFromOrgAmt0124782
IRS990/TotalRevenueGrp/ExclusionAmt026762
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt030165
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt026826758
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt010329494
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt013808195
IRS990/TravelGrp/ManagementAndGeneralAmt056468
IRS990/TravelGrp/ProgramServicesAmt0210300
IRS990/TravelGrp/TotalAmt0266768
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,808,195
Liabilities
$15,184,665
Net assets
-$1,376,470
Revenue
$26,826,758
Expenses
$24,979,136
Net income
$1,847,622
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.0$43.3$8.31$26.0$23.0$2.99
2023Detailed filing. Detailed filing data is available for this year.$32.5$42.8$10.3$30.8$23.1$7.70
2022Detailed filing. Detailed filing data is available for this year.$26.9$43.4$16.5$37.2$33.9$3.29
2021Detailed filing. Detailed filing data is available for this year.$14.6$20.1$5.46$37.9$33.6$4.20
2020Detailed filing. Detailed filing data is available for this year.$8.92$17.7$8.82$25.3$24.8$0.49
2019Detailed filing. Detailed filing data is available for this year.$8.99$17.2$8.26$24.6$30.1$5.46
2018Detailed filing. Detailed filing data is available for this year.$15.3$16.9$1.60$27.0$27.3$0.22
2017Detailed filing. Detailed filing data is available for this year.$13.8$15.2$1.38$26.8$25.0$1.85
2016Detailed filing. Detailed filing data is available for this year.$10.3$12.7$2.37$24.8$24.0$0.89
2015Detailed filing. Detailed filing data is available for this year.$8.10$11.0$2.88$25.3$23.0$2.35
2014Detailed filing. Detailed filing data is available for this year.$8.21$5.06$3.14$21.5$21.1$0.47
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.50$1.82$2.68$18.2
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.57$2.57$0.00$18.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.07$3.07$0.00$10.8