Civic Intelligence

South Carolina Virtual Charter School

990 • Fiscal year 2022 • EIN 26-1966189

Jul 01, 2021 to Jun 30, 2022 • Filed on Jul 08, 2023

Organization ProfileWWW.SCVCS.ORG
2023 Platt Springs RoadWest Columbia, SC 29169

(803) 253-6222

Siviq Scores

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

Liabilities / Assets

98th percentile

1.61x

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

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

80th percentile

1.17x

Higher debt load relative to revenue than 80% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Net Margin

56th percentile

8.8%

Higher net margin than 56% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

46th percentile

$236,742

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Asset Growth

95th percentile

84%

Faster asset growth than 95% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

38th percentile

-1.6%

Faster revenue growth than 38% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$26,912,937

Up $12,266,880 (+84%) from 2021

Net Assets

Down

-$16,505,443

Down $11,048,461 (-202%) from 2021

Liabilities

Up

$43,418,380

Up $23,315,341 (+116%) from 2021

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin56th percentile

Revenue

Down

$37,235,602

Down $615,407 (-1.6%) from 2021

Expenses

Up

$33,948,361

Up $300,875 (+0.9%) from 2021

Net Income

Down

$3,287,241

Down $916,282 (-22%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth95th 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

2022

Assets$26,912,937
Liabilities$43,418,380
Net Assets-$16,505,443
Open 2022 Filing

Operations Trend

Revenue Growth38th 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

2022

Revenue$37,235,602
Expenses$33,948,361
Net Income$3,287,241
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Jul 8, 2023
Return Version
2021v4.0
Gross Receipts
$37,235,602
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

To offer south carolina students in grades k-12 an exceptional learning experience with individualized learning approaches to provide students the tools needed to succeed in school and beyond

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,215,814$7,239,392▲ $2,023,578
Cash and Non-Interest-Bearing Accounts$5,755,870$5,413,345▼ $342,525
Prepaid Expenses and Deferred Charges$141,049$293,246▲ $152,197
Accounts Receivable$390,210$205,968▼ $184,242
Land, Buildings, and Equipment, Net$2,892$1,133▼ $1,759
Rtn Earn Endowment Incm Other Fnds$-5,456,982$-16,505,443▼ $11,048,461
Total Assets$14,646,057$26,912,937▲ $12,266,880
Other Assets Total$3,140,222$13,759,853▲ $10,619,631
Liabilities
Other Liabilities$16,612,990$39,833,372▲ $23,220,382
Accounts Payable and Accrued Expenses$3,283,721$3,307,632▲ $23,911
Deferred Revenue$206,328$277,376▲ $71,048
Total Liabilities$20,103,039$43,418,380▲ $23,315,341
Net Assets / Fund Balance
Total Net Assets Fund Balance$-5,456,982$-16,505,443▼ $11,048,461
Total Liabilities and Net Assets / Fund Balance$14,646,057$26,912,937▲ $12,266,880

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,133$29,237$30,370
Other Assets Org$2,075,845--
Compensation and Service Providers
Top Officer Pay46th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Cherry DanielHead of SchoFT$193,556$43,186$236,742
Dr Cherry DanielHead of School-$167,849$68,893$236,742
Anita LathamDeputy Exec.FT$160,245$36,760$197,005
Anita LathamDeputy Exec. Director-$139,005$58,000$197,005
Michelle PattersonPrincipalFT$103,085$29,553$132,638
Courtney SuberChair-$900-$900
Julie Anne KornahrensTreasurer --$650-$650
Janet ThompsonVice Chair-$600-$600
Susan GastonDirector-$600-$600
Til MoriseyTreasurer-$600-$600
Dianne OliverDirector-$500-$500
Jacqueline KennedyDirector-$450-$450

Board Members and Trustees

NameTitle
Vickie WisemanDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
K12 Management INCMgmt/curriculum2300 CORPORATE DRIVE, Herndon, VA 20171$15,440,431
Cantey TechnologyIt Support2702 AZALEA DRIVE, North Charleston, SC 29405$794,304
Cantey Edu LLCIt Support2702 AZALEA DRIVE, North Charleston, SC 29405$187,848
Revenue and Support

Revenue Composition

Contributions and Grants
$37,150,843
Program Service Revenue
$59,332
Investment Income
$25,427
Other Revenue
$0
Change in Net Assets
$3,287,241
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$20,175,477
Salaries, Compensation, and Employee Benefits$13,772,884
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Information Technology$10,320,273$53,177-$10,373,450
Other Salaries and Wages$8,150,443$1,013,651-$9,164,094
Fees for Services Management$7,350$5,333,226-$5,340,576
Pension Plan Contributions$1,858,257$316,889-$2,175,146
Other Employee Benefits$1,070,985$96,967-$1,167,952
Payroll Taxes$635,575$115,101-$750,676
Current Officers, Directors, Trustees, and Key Employees-$515,016-$515,016
Occupancy$349,400--$349,400
Travel$155,055$61,801-$216,856
Advertising$114,000$78,000-$192,000
Other Expenses$171,960$12,822-$184,782
Fees for Services Other$70,864$21,298-$92,162
Insurance$10,000$76,352-$86,352
Fees for Services Accounting-$39,800-$39,800
Fees for Services Legal-$33,632-$33,632
All Other Expenses$6,256$9,431-$15,687
Office Expenses$7,965$1,576-$9,541
Depreciation Depletion$1,759--$1,759
Total Functional Expenses$26,102,667$7,845,694$0$33,948,361
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
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Postemployment Liability$19,897,591
Net Pension Liability$16,226,366
Deferred Pension Credits$2,516,766
Deferred Postemployment Credits$1,192,649
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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 4

“The bylaws were amended during the fiscal year for a number of items. Significant changes included changes for qualifications of board members and combining the secretary/treasurer position. For board qualifications, the bylaws now require that candidates submit their desire to serve by completing an official board application, they must possess a four-year college degree, undergo a background check prior to serving and participate in professional development activities.”

Form 990, Page 6, Part VI, Line 8B

“There are currently no committees that act on behalf of the governing body.”

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

“The review of the form 990 is completed by the business operations manager, the school's finance director, and school administration.”

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

“Board members are subject to the conflict of interest policy and are responsible for disclosing any conflicts and abstaining from voting on matters in which they have a conflict.”

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 head of school sets all other officer salaries. The head of school considers the state minimum salary schedule and other district salary schedules when setting compensation.”

Form 990, Page 6, Part VI, Line 19

“Governing documents, conflict of interest policy, and financial statements 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
2023 PLATT SPRINGS ROAD, WEST COLUMBIA, SC 29169

Signing Officer

Name
Anita Latham
Title
Deputy Exec. Director
Phone
8037260170
Signed
2023-07-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Cherry Daniel
Formed
2007
Legal Domicile
Sc
Voting Board Members
7
Independent Board Members
7
Employees
183

Preparer

Firm
Greene Finney Cauley Llp
Address
211 E BUTLER RD STE C6, MAULDIN, SC 29662-2170
Preparer
Christopher S Cauley
Phone
8644517381
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Change in net pension liability -352,506 change in net opeb liability -1,399,693 prior pd adjustment deferred pension items -12,583,503 total -14,335,702”

Raw XML AppendixShowing 400 of 554 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/Desc0THE SOUTH CAROLINA VIRTUAL CHARTER SCHOOL IS A STATEWIDE PUBLIC CHARTER SCHOOL SERVING STUDENTS IN GRADES KINDERGARTEN THROUGH 12TH GRADE. THE SCHOOL HAS THE SAME RESPONSIBILITIES AND OBLIGATIONS AS ANY OTHER CHARTER SCHOOLS IN THE STATE INCLUDING PROVIDING STATE-APPROVED STANDARDS-BASED CURRICULUM, MONITORING ATTENDANCE AND TRUANCY, AND ADMINISTERING REQUIRED STANDARDIZED TESTING. HOWEVER, ANY STUDENT RESIDING IN THE STATE MAY ATTEND THE SCHOOL, AND THESE STUDENTS ATTEND SCHOOL REMOTELY. DURING FY22, AVERAGE ENROLLMENT WAS 4,353 STUDENTS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0HEAD OF SCHO
IRS990/Form990PartVIISectionAGrp/TitleTxt1DEPUTY EXEC.
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER -
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt037150843
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt037235602
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt053177
IRS990/InformationTechnologyGrp/ProgramServicesAmt010320273
IRS990/InformationTechnologyGrp/TotalAmt010373450
IRS990/InsuranceGrp/ManagementAndGeneralAmt076352
IRS990/InsuranceGrp/ProgramServicesAmt010000
IRS990/InsuranceGrp/TotalAmt086352
IRS990/InvestmentIncomeGrp/ExclusionAmt025427
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt025427
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt05215814
IRS990/InvestmentsPubTradedSecGrp/EOYAmt07239392
IRS990/IRPDocumentCnt027
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt029237
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02892
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01133
IRS990/LandBldgEquipCostOrOtherBssAmt030370
IRS990/LegalDomicileStateCd0SC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0true
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO IMPROVE STUDENT EDUCATIONAL ACHIEVEMENT THROUGH THE PROVISION OF AN INDIVIDUALIZED, RIGOROUS, STANDARDS-BASED VIRTUAL EDUCATION TO STUDENTS IN THE STATE OF SOUTH CAROLINA
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-5456982
IRS990/NetAssetsOrFundBalancesEOYAmt0-16505443
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0349400
IRS990/OccupancyGrp/TotalAmt0349400
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01576
IRS990/OfficeExpensesGrp/ProgramServicesAmt07965
IRS990/OfficeExpensesGrp/TotalAmt09541
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03140222
IRS990/OtherAssetsTotalGrp/EOYAmt013759853
IRS990/OtherChangesInNetAssetsAmt0-14335702
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt096967
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01070985
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01167952
IRS990/OtherExpensesGrp/Desc0MATERIALS AND SUPPLIES
IRS990/OtherExpensesGrp/Desc1COMMUNICATIONS
IRS990/OtherExpensesGrp/Desc2STUDENT SERVICES
IRS990/OtherExpensesGrp/Desc3RENTAL
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt040189
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt126766
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt212822
IRS990/OtherExpensesGrp/ProgramServicesAmt02704139
IRS990/OtherExpensesGrp/ProgramServicesAmt1254983
IRS990/OtherExpensesGrp/ProgramServicesAmt2213403
IRS990/OtherExpensesGrp/ProgramServicesAmt3171960
IRS990/OtherExpensesGrp/TotalAmt02744328
IRS990/OtherExpensesGrp/TotalAmt1281749
IRS990/OtherExpensesGrp/TotalAmt2213403
IRS990/OtherExpensesGrp/TotalAmt3184782
IRS990/OtherLiabilitiesGrp/BOYAmt016612990
IRS990/OtherLiabilitiesGrp/EOYAmt039833372
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01013651
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt08150443
IRS990/OtherSalariesAndWagesGrp/TotalAmt09164094
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0115101
IRS990/PayrollTaxesGrp/ProgramServicesAmt0635575
IRS990/PayrollTaxesGrp/TotalAmt0750676
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0316889
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01858257
IRS990/PensionPlanContributionsGrp/TotalAmt02175146
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0141049
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0293246
IRS990/PrincipalOfficerNm0DR CHERRY DANIEL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT ACTIVITIES AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1SUMMER SCHOOL TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt045582
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt113750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt045582
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt113750
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt037254450
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt08353
IRS990/PYOtherExpensesAmt019999371
IRS990/PYOtherRevenueAmt0568681
IRS990/PYProgramServiceRevenueAmt019525
IRS990/PYRevenuesLessExpensesAmt04203523
IRS990/PYSalariesCompEmpBnftPaidAmt013648115
IRS990/PYTotalExpensesAmt033647486
IRS990/PYTotalRevenueAmt037851009
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt03287241
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt059332
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-5456982
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-16505443
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearAmt0250000
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus1Amt01277
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus2Amt01911
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus3Amt01911
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/TotalAmt0255099
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearAmt01000000
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus1Amt05108
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus2Amt07642
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus3Amt07642
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/TotalAmt01020392
IRS990ScheduleC/GrassrootsCeilingAmt0382649
IRS990ScheduleC/GrassrootsNontaxableGrp/FilingOrganizationsTotalAmt0250000
IRS990ScheduleC/LobbyingCeilingAmt01530588
IRS990ScheduleC/LobbyingNontaxableAmountGrp/FilingOrganizationsTotalAmt01000000
IRS990ScheduleC/OtherExemptPurposeExpendGrp/FilingOrganizationsTotalAmt033948361
IRS990ScheduleC/TotalExemptPurposeExpendGrp/FilingOrganizationsTotalAmt033948361
IRS990ScheduleD/EquipmentGrp/BookValueAmt01133
IRS990ScheduleD/EquipmentGrp/DepreciationAmt029237
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt030370
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt07107547
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt14576461
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt22075845
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED POSTEMPLOYMENT CHARGES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEFERRED PENSION CHARGES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DUE FROM OTHER GOV'T
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt019897591
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt116226366
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22516766
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt31192649
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET POSTEMPLOYMENT LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED PENSION CREDITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DEFERRED POSTEMPLOYMENT CREDITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01133
IRS990ScheduleD/TotalBookValueOtherAssetsAmt013759853
IRS990ScheduleD/TotalLiabilityAmt039833372
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/ExplanationTxt0THE POLICY IS DISPLAYED ON THE SC VIRTUAL CHARTER SCHOOL WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES FUNDING FROM FEDERAL AND STATE SOURCES.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$26,912,937
Liabilities
$43,418,380
Net assets
-$16,505,443
Revenue
$37,235,602
Expenses
$33,948,361
Net income
$3,287,241
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