Civic Intelligence

Academy of Hope Inc

990 • Fiscal year 2021 • EIN 27-4513230

Jul 01, 2020 to Jun 30, 2021 • Filed on May 04, 2022

3521 Juniper Bay RoadConway, SC 29527

(843) 397-5719

Siviq Scores

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

Liabilities / Assets

99th percentile

3.12x

Higher debt load relative to assets than 99% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

92nd percentile

1.99x

Higher debt load relative to revenue than 92% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

49th percentile

12%

Higher net margin than 49% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

77th percentile

$120,886

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

79th percentile

33%

Faster asset growth than 79% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

59th percentile

21%

Faster revenue growth than 59% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,271,014

Up $315,256 (+33%) from 2020

Net Assets

Up

-$2,689,622

Up $136,513 (+4.8%) from 2020

Liabilities

Up

$3,960,636

Up $178,743 (+4.7%) from 2020

Revenue

Up

$1,994,987

Up $345,713 (+21%) from 2020

Expenses

Up

$1,753,655

Up $49,226 (+2.9%) from 2020

Net Income

Up

$241,332

Up $296,487 (+538%) from 2020

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2012: $138,078Liabilities 2012: $95,141Net Assets 2012: $42,9372012Assets 2013: $330,448Liabilities 2013: $133,372Net Assets 2013: $197,0762013Assets 2014: $187,400Liabilities 2014: $134,816Net Assets 2014: $52,5842014Assets 2017: $1,329,293Liabilities 2017: $2,062,298Net Assets 2017: -$733,0052017Assets 2018: $1,155,570Liabilities 2018: $3,681,568Net Assets 2018: -$2,525,9982018Assets 2019: $681,647Liabilities 2019: $3,452,627Net Assets 2019: -$2,770,9802019Assets 2020: $955,758Liabilities 2020: $3,781,893Net Assets 2020: -$2,826,1352020Assets 2021: $1,271,014Liabilities 2021: $3,960,636Net Assets 2021: -$2,689,6222021Assets 2022: $658,657Liabilities 2022: $182,299Net Assets 2022: $476,3582022Assets 2023: $550,337Liabilities 2023: $158,198Net Assets 2023: $392,1392023Assets 2024: $323,257Liabilities 2024: $144,203Net Assets 2024: $179,0542024

Highlighted filing

2021

Assets$1,271,014
Liabilities$3,960,636
Net Assets-$2,689,622

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $1,337,6612012Expenses 2013: $1,519,2952013Revenue 2014: $1,339,670Expenses 2014: $1,484,162Net Income 2014: -$144,4922014Revenue 2017: $1,686,699Expenses 2017: $2,074,142Net Income 2017: -$387,4432017Revenue 2018: $1,586,490Expenses 2018: $1,661,938Net Income 2018: -$75,4482018Revenue 2019: $1,657,141Expenses 2019: $1,663,428Net Income 2019: -$6,2872019Revenue 2020: $1,649,274Expenses 2020: $1,704,429Net Income 2020: -$55,1552020Revenue 2021: $1,994,987Expenses 2021: $1,753,655Net Income 2021: $241,3322021Revenue 2022: $1,983,814Expenses 2022: $1,764,729Net Income 2022: $219,0852022Revenue 2023: $1,647,257Expenses 2023: $1,731,476Net Income 2023: -$84,2192023Revenue 2024: $1,713,407Expenses 2024: $1,926,492Net Income 2024: -$213,0852024

Highlighted filing

2021

Revenue$1,994,987
Expenses$1,753,655
Net Income$241,332
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 4, 2022
Return Version
2020v4.2
Gross Receipts
$1,994,987
Mission and Program Overview

Mission

To maximize the potential inherent in every student by building character, promoting critical thinking, encouraging intellectual curiosity, cultivating entrepreneurship and instilling a sense of global responsibility

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$274,527$305,997▲ $31,470
Accounts Receivable$171,364$123,587▼ $47,777
Land, Buildings, and Equipment, Net$126,873$89,190▼ $37,683
Prepaid Expenses and Deferred Charges$13,336$15,844▲ $2,508
Total Assets$955,758$1,271,014▲ $315,256
Other Assets Total$369,658$736,396▲ $366,738
Liabilities
Other Liabilities$3,219,208$3,690,765▲ $471,557
Accounts Payable and Accrued Expenses$115,833$135,113▲ $19,280
Deferred Revenue$148,094$83,151▼ $64,943
Mortgage Notes Payable Secured by Investment Property$298,758$51,607▼ $247,151
Total Liabilities$3,781,893$3,960,636▲ $178,743
Net Assets / Fund Balance
Net Assets With Donor Restrictions$48,565$39,770▼ $8,795
Net Assets Without Donor Restrictions$-2,874,700$-2,729,392▲ $145,308
Total Net Assets Fund Balance$-2,826,135$-2,689,622▲ $136,513
Total Liabilities and Net Assets / Fund Balance$955,758$1,271,014▲ $315,256

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$35,803$165,400$201,203
Other Land Buildings$48,710$123,470$172,180
Equipment$4,677$103,977$108,654
Other Assets Org$388,282--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Melissa MccloudPrincipalFT$92,464$28,422$120,886

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Pee Dee Place LLCBuilding Rent5132 BOTTLE BRANCH ROAD, Conway, SC 29527$135,600
Revenue and Support

Revenue Composition

Contributions and Grants
$1,954,263
Program Service Revenue
$40,661
Investment Income
$63
Other Revenue
$0
All Other Contributions
$19,994
Change in Net Assets
$241,332

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,994,987
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,994,987
Total Revenue per Form 990
$1,994,987
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,263,215
Other Expenses$490,440
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$809,711$100,572-$910,283
Occupancy$170,408$42,602-$213,010
Pension Plan Contributions$145,806$21,610-$167,416
Other Employee Benefits$84,387$24,373-$108,760
Payroll Taxes$67,878$8,878-$76,756
Depreciation Depletion$30,147$7,537-$37,684
Fees for Services Accounting-$26,750-$26,750
Other Expenses$19,751$4,938-$24,689
All Other Expenses$20,945$1,951-$22,896
Insurance$1,666$12,042-$13,708
Fees for Services Other$12,023--$12,023
Advertising-$8,014-$8,014
Interest$3,011$753-$3,764
Total Functional Expenses$1,448,930$304,725$0$1,753,655

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,858,474
Expenses per Audited Statements$1,753,655
Total Expenses per Form 990$1,753,655
Expenses Not Reported on Form 990$104,819
Expenses Not Reported on Financial Statements$0
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
Pension Obligation$1,802,565
Opeb Obligation$1,564,158
Deferred Inflow - Opeb$228,820
Deferred Inflow - Pensions$95,222
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
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
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 was made available to board of directors prior to filing.

Form 990, Part VI, Section B, Line 12C

If there a conflict, it is addressed and dismantled at the administrative level. If it can't be handled or addressed at that level, it's taken to the board and the board votes or makes a recommendation to correct the conflict.

Form 990, Part VI, Section B, Line 15

Compensation is decided by the board in executive session. The board researches comparable salaries, taking into consideration such things as experience, previous salary, etc. The board meets in exec session makes a recommendation and votes. It is recorded in minutes what the business was in executive session.

Form 990, Part VI, Section C, Line 19

The school provides copies upon request

Filing and Contact Details

Filer

Filer Name
Academy of Hope
EIN
27-4513230
Phone
8433975719
Address
3521 JUNIPER BAY ROAD, CONWAY, SC 29527

Signing Officer

Name
Marvin Keene
Title
Board President
Phone
8433975719
Signed
2022-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marvin Keene
Formed
2009
Legal Domicile
Sc
Voting Board Members
7
Independent Board Members
7
Employees
37
Volunteers
7

Preparer

Firm
Elliott Davis Llcpllc
Address
1901 MAIN STREET SUITE 900, COLUMBIA, SC 29201
Preparer
Denise P Hill
Phone
8032560002
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Purchased services: program service expenses 12,023. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,023.

Form 990, Part IX, Line 24E

Instructional services: program service expenses 9,690. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,690. Student transportation: program service expenses 5,473. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,473. Staff development: program service expenses 4,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,000. Pupil activities: program service expenses 1,782. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,782. Membership dues: program service expenses 0. Management and general expenses 1,446. Fundraising expenses 0. Total expenses 1,446. Bank fees: program service expenses 0. Management and general expenses 505. Fundraising expenses 0. Total expenses 505.

FORM 990, PART XI, LINE 9:

Accrued contingent liability for pension -66,749. Accrued contingent liability for opeb -38,070.

990 Part XII, Line 2C

The process has not changed from prior year.

Financial Statement Notes

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Gasb pension plan accrual not deducted on form 990 66,749. Gasb opeb accrual not deducted on form 990 38,070.

Schedule D, Page 4, Part XI and XII

The audited financial statements (afs) are prepared based on a governmental fund accounting basis (i.e.) regulatory accounting principles). As a result, certain items of expense on the afs are not included as an expense on form 990 such as principal debt payments and capital outlays for fied assets, etc. The adjustments provided in part xi and part xii have been made to present the statement of revenue and statement of functional expense on form 990 in a manner consistent with the accrual basis of accounting under generally accepted accounting principles (gaap).

Raw XML AppendixShowing 400 of 459 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0115833
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0135113
IRS990/AccountsReceivableGrp/BOYAmt0171364
IRS990/AccountsReceivableGrp/EOYAmt0123587
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO MAXIMIZE THE POTENTIAL INHERENT IN EVERY STUDENT BY BUILDING CHARACTER, PROMOTING CRITICAL THINKING, ENCOURAGING INTELLECTUAL CURIOSITY, CULTIVATING ENTREPRENEURSHIP AND INSTILLING A SENSE OF GLOBAL RESPONSIBILITY
IRS990/AdvertisingGrp/ManagementAndGeneralAmt08014
IRS990/AdvertisingGrp/TotalAmt08014
IRS990/AllOtherContributionsAmt019994
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01951
IRS990/AllOtherExpensesGrp/ProgramServicesAmt020945
IRS990/AllOtherExpensesGrp/TotalAmt022896
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MCCAY KIDDY & ASSOCIATES LLC
IRS990/BooksInCareOfDetail/PhoneNum08438814477
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01156 BOWMAN ROAD SUITE 100-A
IRS990/BooksInCareOfDetail/USAddress/CityNm0MOUNT PLEASANT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd029464
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0274527
IRS990/CashNonInterestBearingGrp/EOYAmt0305997
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0135600
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt05132 BOTTLE BRANCH ROAD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0CONWAY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0SC
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd029527
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0PEE DEE PLACE LLC
IRS990/ContractorCompensationGrp/ServicesDesc0BUILDING RENT
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01954263
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt063
IRS990/CYOtherExpensesAmt0490440
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt040661
IRS990/CYRevenuesLessExpensesAmt0241332
IRS990/CYSalariesCompEmpBnftPaidAmt01263215
IRS990/CYTotalExpensesAmt01753655
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01994987
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0148094
IRS990/DeferredRevenueGrp/EOYAmt083151
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt07537
IRS990/DepreciationDepletionGrp/ProgramServicesAmt030147
IRS990/DepreciationDepletionGrp/TotalAmt037684
IRS990/Desc0ENABLE THE STUDENTS OF HORRY COUNTY TO EXCEL AS SCHOLARS, PROFESSIONALS AND CITIZENS BY OFFERING UNIQUE OPPORTUNITIES THAT WILL CHALLENGE THEIR INTELLECTUAL ABILITIES AND GIVE THEM HOPE TO DREAM SUCH OPPORTUNITIES. INCLUDE MEANINGFUL, RIGOROUS COURSEWORK THAT WILL ULTIMATELY SERVE AS A CATALYST TO AFFECT POSITIVE CHANGE ON BOTH LOCAL AND GLOBAL PLATFORMS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt048565
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt039770
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt037
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01448930
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt026750
IRS990/FeesForServicesAccountingGrp/TotalAmt026750
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt012023
IRS990/FeesForServicesOtherGrp/TotalAmt012023
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt028422
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0MELISSA MCCLOUD
IRS990/Form990PartVIISectionAGrp/PersonNm1LARRY WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm2SANFORD GRAVES
IRS990/Form990PartVIISectionAGrp/PersonNm3PRISCILLA FULLER
IRS990/Form990PartVIISectionAGrp/PersonNm4MIRIAM BERROUET
IRS990/Form990PartVIISectionAGrp/PersonNm5DR MARVIN KEENE
IRS990/Form990PartVIISectionAGrp/PersonNm6DELORIS ROZIER
IRS990/Form990PartVIISectionAGrp/PersonNm7WOODROW JACKSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt092464
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt01934269
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01994987
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt012042
IRS990/InsuranceGrp/ProgramServicesAmt01666
IRS990/InsuranceGrp/TotalAmt013708
IRS990/InterestGrp/ManagementAndGeneralAmt0753
IRS990/InterestGrp/ProgramServicesAmt03011
IRS990/InterestGrp/TotalAmt03764
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt063
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt063
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0392847
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0126873
IRS990/LandBldgEquipBasisNetGrp/EOYAmt089190
IRS990/LandBldgEquipCostOrOtherBssAmt0482037
IRS990/LegalDomicileStateCd0SC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO MAXIMIZE THE POTENTIAL INHERENT IN EVERY STUDENT BY BUILDING CHARACTER, PROMOTING CRITICAL THINKING, ENCOURAGING INTELLECTUAL CURIOSITY, CULTIVATING ENTREPRENEURSHIP AND INSTILLING A SENSE OF GLOBAL RESPONSIBILITY
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0298758
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt051607
IRS990/NetAssetsOrFundBalancesBOYAmt0-2826135
IRS990/NetAssetsOrFundBalancesEOYAmt0-2689622
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-2874700
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-2729392
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt042602
IRS990/OccupancyGrp/ProgramServicesAmt0170408
IRS990/OccupancyGrp/TotalAmt0213010
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0369658
IRS990/OtherAssetsTotalGrp/EOYAmt0736396
IRS990/OtherChangesInNetAssetsAmt0-104819
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt024373
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt084387
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0108760
IRS990/OtherExpensesGrp/Desc0FOOD SERVICES
IRS990/OtherExpensesGrp/Desc1FISCAL SERVICES
IRS990/OtherExpensesGrp/Desc2INSTRUCTIONAL SUPPLIES
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt044705
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14938
IRS990/OtherExpensesGrp/ProgramServicesAmt048579
IRS990/OtherExpensesGrp/ProgramServicesAmt134618
IRS990/OtherExpensesGrp/ProgramServicesAmt219751
IRS990/OtherExpensesGrp/TotalAmt048579
IRS990/OtherExpensesGrp/TotalAmt144705
IRS990/OtherExpensesGrp/TotalAmt234618
IRS990/OtherExpensesGrp/TotalAmt324689
IRS990/OtherLiabilitiesGrp/BOYAmt03219208
IRS990/OtherLiabilitiesGrp/EOYAmt03690765
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0100572
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0809711
IRS990/OtherSalariesAndWagesGrp/TotalAmt0910283
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08878
IRS990/PayrollTaxesGrp/ProgramServicesAmt067878
IRS990/PayrollTaxesGrp/TotalAmt076756
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt021610
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0145806
IRS990/PensionPlanContributionsGrp/TotalAmt0167416
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013336
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015844
IRS990/PrincipalOfficerNm0MARVIN KEENE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0SCHOOL LUNCH
IRS990/ProgramServiceRevenueGrp/Desc1PUPIL ACTIVITY
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt040510
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1151
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt040510
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1151
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01638269
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0453851
IRS990/PYOtherRevenueAmt06062
IRS990/PYProgramServiceRevenueAmt04943
IRS990/PYRevenuesLessExpensesAmt0-55155
IRS990/PYSalariesCompEmpBnftPaidAmt01250578
IRS990/PYTotalExpensesAmt01704429
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01649274
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0241332
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt040724
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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt04677
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0103977
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0108654
IRS990ScheduleD/ExpensesNotReportedAmt0104819
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01753655
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt035803
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0165400
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0201203
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0348114
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1388282
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PENSION ASSET
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OPEB ASSET
IRS990ScheduleD/OtherExpensesIncludedAmt0104819
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt048710
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0123470
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0172180
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01802565
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11564158
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt295222
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3228820
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PENSION OBLIGATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OPEB OBLIGATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED INFLOW - PENSIONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DEFERRED INFLOW - OPEB
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01994987
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GASB PENSION PLAN ACCRUAL NOT DEDUCTED ON FORM 990 66,749. GASB OPEB ACCRUAL NOT DEDUCTED ON FORM 990 38,070.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE AUDITED FINANCIAL STATEMENTS (AFS) ARE PREPARED BASED ON A GOVERNMENTAL FUND ACCOUNTING BASIS (I.E.) REGULATORY ACCOUNTING PRINCIPLES). AS A RESULT, CERTAIN ITEMS OF EXPENSE ON THE AFS ARE NOT INCLUDED AS AN EXPENSE ON FORM 990 SUCH AS PRINCIPAL DEBT PAYMENTS AND CAPITAL OUTLAYS FOR FIED ASSETS, ETC. THE ADJUSTMENTS PROVIDED IN PART XI AND PART XII HAVE BEEN MADE TO PRESENT THE STATEMENT OF REVENUE AND STATEMENT OF FUNCTIONAL EXPENSE ON FORM 990 IN A MANNER CONSISTENT WITH THE ACCRUAL BASIS OF ACCOUNTING UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP).
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI AND XII
IRS990ScheduleD/TotalBookValueLandBuildingsAmt089190
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0736396
IRS990ScheduleD/TotalExpensesPerForm990Amt01753655
IRS990ScheduleD/TotalLiabilityAmt03690765
IRS990ScheduleD/TotalRevenuePerForm990Amt01994987
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01994987
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01858474
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0POLICY IS STATED IN ALL ADS SOLICITING STUDENTS AND STAFF. POLICY IS IN CHARTER AND ALL DOCUMENTS RELATED TO HIRING AND SERVICES TO STUDENTS AND THE COMMUNITY.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS A PUBLIC CHARTER SCHOOL. THEREFORE, IT DOES NOT OFFER SCHOLARSHIPS OR FINANCIAL AID.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL RECEIVES VARIOUS GOVERNMENT GRANTS FROM BOTH FEDERAL AND STATE SOURCES.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 WAS MADE AVAILABLE TO BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IF THERE A CONFLICT, IT IS ADDRESSED AND DISMANTLED AT THE ADMINISTRATIVE LEVEL. IF IT CAN'T BE HANDLED OR ADDRESSED AT THAT LEVEL, IT'S TAKEN TO THE BOARD AND THE BOARD VOTES OR MAKES A RECOMMENDATION TO CORRECT THE CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION IS DECIDED BY THE BOARD IN EXECUTIVE SESSION. THE BOARD RESEARCHES COMPARABLE SALARIES, TAKING INTO CONSIDERATION SUCH THINGS AS EXPERIENCE, PREVIOUS SALARY, ETC. THE BOARD MEETS IN EXEC SESSION MAKES A RECOMMENDATION AND VOTES. IT IS RECORDED IN MINUTES WHAT THE BUSINESS WAS IN EXECUTIVE SESSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SCHOOL PROVIDES COPIES UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 12,023. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,023.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INSTRUCTIONAL SERVICES: PROGRAM SERVICE EXPENSES 9,690. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,690. STUDENT TRANSPORTATION: PROGRAM SERVICE EXPENSES 5,473. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,473. STAFF DEVELOPMENT: PROGRAM SERVICE EXPENSES 4,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,000. PUPIL ACTIVITIES: PROGRAM SERVICE EXPENSES 1,782. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,782. MEMBERSHIP DUES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,446. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,446. BANK FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 505. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 505.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ACCRUED CONTINGENT LIABILITY FOR PENSION -66,749. ACCRUED CONTINGENT LIABILITY FOR OPEB -38,070.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7990 PART XII, LINE 2C
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0955758
IRS990/TotalAssetsEOYAmt01271014
IRS990/TotalAssetsGrp/BOYAmt0955758
IRS990/TotalAssetsGrp/EOYAmt01271014
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01954263
IRS990/TotalEmployeeCnt037
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0304725
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01448930
IRS990/TotalFunctionalExpensesGrp/TotalAmt01753655
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03781893
IRS990/TotalLiabilitiesEOYAmt03960636
IRS990/TotalLiabilitiesGrp/BOYAmt03781893
IRS990/TotalLiabilitiesGrp/EOYAmt03960636

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings