Civic Intelligence

Corolla Education Foundation

EIN 27-5002997 • 501(c)3 • Corolla, NC

Profile

Operation of a public charter school to promote educational opportunities in a remote area.

PO Box 215Corolla, NC 27927

www.corollaeducationfoundation.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

63rd percentile

0.17x

Higher debt load relative to assets than 63% of similar nonprofits.

NTEE B90 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

84th percentile

0.40x

Higher debt load relative to revenue than 84% of similar nonprofits.

NTEE B90 • $1M-$5M nonprofits • Source year 2025

Net Margin

88th percentile

59%

Higher net margin than 88% of similar nonprofits.

NTEE B90 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

NTEE B90 • $1M-$5M nonprofits • Source year 2025

Asset Growth

84th percentile

71%

Faster asset growth than 84% of similar nonprofits.

NTEE B90 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

76th percentile

41%

Faster revenue growth than 76% of similar nonprofits.

NTEE B90 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Up

$903,769

Up $265,835 (+42%) from 2021

Liabilities

Down

$642

Down $766 (-54%) from 2021

Net Assets

Up

$903,127

Up $266,601 (+42%) from 2021

Operations
Liabilities / Revenue84th percentileNet Margin88th percentile

Revenue

Up

$778,806

Up $239,022 (+44%) from 2021

Expenses

Up

$512,205

Up $38,993 (+8.2%) from 2021

Net Income

Up

$266,601

Up $200,029 (+300%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth84th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2013: $69,114Liabilities 2013: $1,192Net Assets 2013: $67,9222013Assets 2014: $143,643Liabilities 2014: $2,222Net Assets 2014: $141,4212014Assets 2015: $175,308Liabilities 2015: $416Net Assets 2015: $174,8922015Assets 2016: $259,794Liabilities 2016: $445Net Assets 2016: $259,3492016Assets 2017: $361,193Liabilities 2017: $4,730Net Assets 2017: $356,4632017Assets 2018: $417,468Liabilities 2018: $630Net Assets 2018: $416,8382018Assets 2019: $503,949Liabilities 2019: $500Net Assets 2019: $503,4492019Assets 2020: $570,702Liabilities 2020: $748Net Assets 2020: $569,9542020Assets 2021: $637,934Liabilities 2021: $1,408Net Assets 2021: $636,5262021Assets 2022: $903,769Liabilities 2022: $642Net Assets 2022: $903,1272022

Highlighted filing

2022

Assets$903,769
Liabilities$642
Net Assets$903,127
Open 2022 Filing

Operations Trend

Revenue Growth76th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0Revenue 2013: $191,043Expenses 2013: $154,599Net Income 2013: $36,4442013Revenue 2014: $240,308Expenses 2014: $166,809Net Income 2014: $73,4992014Revenue 2015: $209,077Expenses 2015: $175,606Net Income 2015: $33,4712015Revenue 2016: $302,586Expenses 2016: $218,129Net Income 2016: $84,4572016Revenue 2017: $380,438Expenses 2017: $283,324Net Income 2017: $97,1142017Revenue 2018: $395,393Expenses 2018: $335,018Net Income 2018: $60,3752018Revenue 2019: $457,348Expenses 2019: $370,737Net Income 2019: $86,6112019Revenue 2020: $474,302Expenses 2020: $407,797Net Income 2020: $66,5052020Revenue 2021: $539,784Expenses 2021: $473,212Net Income 2021: $66,5722021Revenue 2022: $778,806Expenses 2022: $512,205Net Income 2022: $266,6012022

Highlighted filing

2022

Revenue$778,806
Expenses$512,205
Net Income$266,601
Open 2022 Filing

Filings

Most recent year

2022 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$903,769
Liabilities
$642
Net assets
$903,127
Revenue
$778,806
Expenses
$512,205
Net income
$266,601
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.04$0.01$9.03$7.79$5.12$2.67
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.38$0.01$6.37$5.40$4.73$0.67
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.71$0.01$5.70$4.74$4.08$0.67
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.04$0.01$5.03$4.57$3.71$0.87
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.17$0.01$4.17$3.95$3.35$0.60
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.61$0.05$3.56$3.80$2.83$0.97
2016Detailed filing. Detailed filing data is available for this year.$2.60$0.00$2.59$3.03$2.18$0.84
2015Detailed filing. Detailed filing data is available for this year.$1.75$0.00$1.75$2.09$1.76$0.33
2014Detailed filing. Detailed filing data is available for this year.$1.44$0.02$1.41$2.40$1.67$0.73
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.01$0.68$1.91$1.55$0.36
Latest Detailed Filing

The latest 2022 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 30, 2021
Return Version
2020v4.0
Gross Receipts
$539,784
Mission and Program Overview

Mission

Operation of a public charter school to promote educational opportunities in a remote area

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$475,768$343,384▼ $132,384
Cash and Non-Interest-Bearing Accounts$81,476$279,211▲ $197,735
Accounts Receivable$12,287$12,785▲ $498
Prepaid Expenses and Deferred Charges$208$2,117▲ $1,909
Land, Buildings, and Equipment, Net$963$437▼ $526
Total Assets$570,702$637,934▲ $67,232
Liabilities
Accounts Payable and Accrued Expenses$748$908▲ $160
Deferred Revenue-$500-
Total Liabilities$748$1,408▲ $660
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$569,954$636,089▲ $66,135
Net Assets With Donor Restrictions-$437-
Total Net Assets Fund Balance$569,954$636,526▲ $66,572
Total Liabilities and Net Assets / Fund Balance$570,702$637,934▲ $67,232

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$437$7,200$7,637
Compensation and Service Providers
Top Officer Pay34th percentile

Board Members and Trustees

NameTitle
Meghan AgrestoPresident
Frieda HarrisMember
Gerrilea AdamsMember
Susan TaylorMember
Allison BroughtonSecretary
Bryan DaggettTreasurer
Al MarzettiVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$533,556
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$6,228
All Other Contributions
$33,889
Change in Net Assets
$66,572

Audited Revenue Reconciliation

Revenue per Audited Statements
$539,784
Total Revenue per Audited Statements
$539,784
Total Revenue per Form 990
$539,784
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$378,411
Other Expenses$94,801
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$290,214$30,855-$321,069
Other Employee Benefits$51,831$5,511-$57,342
Occupancy$23,645$2,514-$26,159
Fees for Services Management$15,600$1,659-$17,259
Fees for Services Other$12,514$1,331-$13,845
Information Technology$9,593$1,020-$10,613
Insurance$5,567$592-$6,159
Other Expenses$582$62-$644
Depreciation Depletion$525--$525
All Other Expenses$217$23-$240
Total Functional Expenses$427,786$45,426$0$473,212

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$473,212
Total Expenses per Audited Statements$473,212
Total Expenses per Form 990$473,212
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
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

“Form 990 is reviewed by board prior to filing”

Form 990, Page 6, Part VI, Line 19

“Governing documents, conflict of interest policy, and financial statements are available to the public in an unlocked binder in the school house”

Filing and Contact Details

Filer

Filer Name
Corolla Education Foundation
EIN
27-5002997
Phone
2524559449
Address
PO BOX 215, COROLLA, NC 27927
Doing Business As
WATER'S EDGE VILLAGE SCHOOL

Signing Officer

Name
Meghan Agresto
Title
President
Phone
2524559449
Signed
2021-11-30

Organization Details

Principal Officer
Meghan Agresto
Formed
2010
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
7
Volunteers
10

Preparer

Firm
Sharpe Patel CPA
Address
325 ARLINGTON AVE STE 510, CHARLOTTE, NC 28203-4489
Preparer
Megan Rushford CPA
Phone
7044993893
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

“The volunteers receive no direct benefit from the organization for the donation of time and talent”

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

“Operation of a public charter school to promote educational opportunities in a remote area”

Raw XML Appendix367 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/BOYAmt0748
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0908
IRS990/AccountsReceivableGrp/BOYAmt012287
IRS990/AccountsReceivableGrp/EOYAmt012785
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0OPERATION OF A PUBLIC CHARTER SCHOOL TO PROMOTE EDUCATIONAL OPPORTUNITIES IN A REMOTE AREA
IRS990/AllOtherContributionsAmt033889
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt023
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0217
IRS990/AllOtherExpensesGrp/TotalAmt0240
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0BRYAN DAGGETT
IRS990/BooksInCareOfDetail/PhoneNum02524559449
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0767 MYRTLE COURT
IRS990/BooksInCareOfDetail/USAddress/CityNm0COROLLA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027927
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt081476
IRS990/CashNonInterestBearingGrp/EOYAmt0279211
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0533556
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt094801
IRS990/CYOtherRevenueAmt06228
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt066572
IRS990/CYSalariesCompEmpBnftPaidAmt0378411
IRS990/CYTotalExpensesAmt0473212
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0539784
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt0500
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0525
IRS990/DepreciationDepletionGrp/TotalAmt0525
IRS990/Desc0OPERATION OF A PUBLIC CHARTER SCHOOL TO PROMOTE EDUCATIONAL OPPORTUNITIES IN A REMOTE AREA
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0WATER'S EDGE VILLAGE SCHOOL
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0437
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt07
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0427786
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt01659
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt015600
IRS990/FeesForServicesManagementGrp/TotalAmt017259
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01331
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt012514
IRS990/FeesForServicesOtherGrp/TotalAmt013845
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt020.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt215.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt43.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt53.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt63.00
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/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0MEGHAN AGRESTO
IRS990/Form990PartVIISectionAGrp/PersonNm1AL MARZETTI
IRS990/Form990PartVIISectionAGrp/PersonNm2BRYAN DAGGETT
IRS990/Form990PartVIISectionAGrp/PersonNm3ALLISON BROUGHTON
IRS990/Form990PartVIISectionAGrp/PersonNm4FRIEDA HARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm5SUSAN TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm6GERRILEA ADAMS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt0499667
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0539784
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01020
IRS990/InformationTechnologyGrp/ProgramServicesAmt09593
IRS990/InformationTechnologyGrp/TotalAmt010613
IRS990/InsuranceGrp/ManagementAndGeneralAmt0592
IRS990/InsuranceGrp/ProgramServicesAmt05567
IRS990/InsuranceGrp/TotalAmt06159
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07200
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0963
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0437
IRS990/LandBldgEquipCostOrOtherBssAmt07637
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0OPERATION OF A PUBLIC CHARTER SCHOOL TO PROMOTE EDUCATIONAL OPPORTUNITIES IN A REMOTE AREA
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0569954
IRS990/NetAssetsOrFundBalancesEOYAmt0636526
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0569954
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0636089
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt02514
IRS990/OccupancyGrp/ProgramServicesAmt023645
IRS990/OccupancyGrp/TotalAmt026159
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05511
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt051831
IRS990/OtherEmployeeBenefitsGrp/TotalAmt057342
IRS990/OtherExpensesGrp/Desc0COVID-19
IRS990/OtherExpensesGrp/Desc1BOOKS AND SUPPLIES
IRS990/OtherExpensesGrp/Desc2MAJOR CONSTRUCTION PROJEC
IRS990/OtherExpensesGrp/Desc3NUTRITION AND FOOD
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0961
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1836
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt262
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt362
IRS990/OtherExpensesGrp/ProgramServicesAmt09044
IRS990/OtherExpensesGrp/ProgramServicesAmt17866
IRS990/OtherExpensesGrp/ProgramServicesAmt2588
IRS990/OtherExpensesGrp/ProgramServicesAmt3582
IRS990/OtherExpensesGrp/TotalAmt010005
IRS990/OtherExpensesGrp/TotalAmt18702
IRS990/OtherExpensesGrp/TotalAmt2650
IRS990/OtherExpensesGrp/TotalAmt3644
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt06228
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06228
IRS990/OtherRevenueTotalAmt06228
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt030855
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0290214
IRS990/OtherSalariesAndWagesGrp/TotalAmt0321069
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0208
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02117
IRS990/PrincipalOfficerNm0MEGHAN AGRESTO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OPERATION OF A PUBLIC CHARTER SCHOOL TO PROMOTE EDUCATIONAL OPPORTUNITIES IN A REMOTE AREA
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0437525
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt086684
IRS990/PYOtherRevenueAmt011646
IRS990/PYProgramServiceRevenueAmt025131
IRS990/PYRevenuesLessExpensesAmt066505
IRS990/PYSalariesCompEmpBnftPaidAmt0321113
IRS990/PYTotalExpensesAmt0407797
IRS990/PYTotalRevenueAmt0474302
IRS990/ReconcilationRevenueExpnssAmt066572
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0475768
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0343384
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
IRS990ScheduleD/ExpensesSubtotalAmt0473212
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0437
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07200
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt07637
IRS990ScheduleD/RevenueSubtotalAmt0539784
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0437
IRS990ScheduleD/TotalExpensesPerForm990Amt0473212
IRS990ScheduleD/TotalRevenuePerForm990Amt0539784
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0539784
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0473212
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/ExplanationTxt0WATER'S EDGE VILLAGE SCHOOL OPERATES AS A PUBLIC CHARTER SCHOOL AND IS FUNDED BY THE STATE OF NORTH CAROLINA AND LOCAL GOVERNMENT NORTH CAROLINA REQUIRES A POLICY OF NONDISCRIMINATION AND THE SCHOOL'S NONDISCRIMINATION POLICY IS DISCLOSED IN ALL SOLICITATIONS FOR STUDENTS
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1WATER'S EDGE VILLAGE SCHOOL OPERATES AS A PUBLIC CHARTER SCHOOL AND IS FUNDED BY THE STATE OF NORTH CAROLINA AND LOCAL GOVERNMENT
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE VOLUNTEERS RECEIVE NO DIRECT BENEFIT FROM THE ORGANIZATION FOR THE DONATION OF TIME AND TALENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OPERATION OF A PUBLIC CHARTER SCHOOL TO PROMOTE EDUCATIONAL OPPORTUNITIES IN A REMOTE AREA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS REVIEWED BY BOARD PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC IN AN UNLOCKED BINDER IN THE SCHOOL HOUSE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
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
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0570702
IRS990/TotalAssetsEOYAmt0637934
IRS990/TotalAssetsGrp/BOYAmt0570702
IRS990/TotalAssetsGrp/EOYAmt0637934
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0533556
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt045426
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0427786
IRS990/TotalFunctionalExpensesGrp/TotalAmt0473212
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0748
IRS990/TotalLiabilitiesEOYAmt01408
IRS990/TotalLiabilitiesGrp/BOYAmt0748
IRS990/TotalLiabilitiesGrp/EOYAmt01408
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0569954
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0636526
IRS990/TotalProgramServiceExpensesAmt0427786
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06228
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0539784
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0570702
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0637934
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 215
IRS990/USAddress/CityNm0COROLLA
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027927
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.WATERSEDGEVILLAGE.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MEGHAN AGRESTO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02524559449
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COROLLA EDUCATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0CORO
ReturnHeader/Filer/EIN0275002997
ReturnHeader/Filer/PhoneNum02524559449
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 215
ReturnHeader/Filer/USAddress/CityNm0COROLLA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027927
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0844233121
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SHARPE PATEL CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0325 ARLINGTON AVE STE 510
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLOTTE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0282034489
ReturnHeader/PreparerPersonGrp/PhoneNum07044993893
ReturnHeader/PreparerPersonGrp/PreparationDt02021-12-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MEGAN RUSHFORD CPA
ReturnHeader/ReturnTs02021-12-15T11:48:20-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MEGHAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0AGRESTO
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.