Civic Intelligence

Invest Collegiate Consortium Inc

EIN 45-3776803 • 501(c)3 • Charlotte, NC

Profile

Operation of public charter schools.

2045 Suttle AvenueCharlotte, NC 28208

www.investcollegiate.org

Siviq Scores

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

Liabilities / Assets

100th percentile

5.96x

Higher debt load relative to assets than 100% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

92nd percentile

1.68x

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

501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

35th percentile

-1.4%

Higher net margin than 35% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

14th percentile

-11%

Faster asset growth than 14% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

6th percentile

-47%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets100th percentile

Assets

Down

$1,364,002

Down $168,144 (-11%) from 2021

Liabilities

Down

$8,135,496

Down $767,441 (-8.6%) from 2021

Net Assets

Up

-$6,771,494

Up $599,297 (+8.1%) from 2021

Operations
Liabilities / Revenue92nd percentileNet Margin35th percentile

Revenue

Down

$4,840,102

Down $4,210,206 (-47%) from 2021

Expenses

Up

$4,909,804

Up $972,135 (+25%) from 2021

Net Income

Down

-$69,702

Down $5,182,341 (-101%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth14th percentile

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

$40M$20M$0-$20MAssets 2014: $193,369Liabilities 2014: $260,123Net Assets 2014: -$66,7542014Assets 2015: $22,433,678Liabilities 2015: $22,334,032Net Assets 2015: $99,6462015Assets 2017: $17,743,736Liabilities 2017: $20,089,934Net Assets 2017: -$2,346,1982017Assets 2018: $13,386,705Liabilities 2018: $25,051,594Net Assets 2018: -$11,664,8892018Assets 2019: $19,011,196Liabilities 2019: $31,369,283Net Assets 2019: -$12,358,0872019Assets 2020: $18,211,105Liabilities 2020: $30,694,535Net Assets 2020: -$12,483,4302020Assets 2021: $1,532,146Liabilities 2021: $8,902,937Net Assets 2021: -$7,370,7912021Assets 2022: $1,364,002Liabilities 2022: $8,135,496Net Assets 2022: -$6,771,4942022

Highlighted filing

2022

Assets$1,364,002
Liabilities$8,135,496
Net Assets-$6,771,494
Open 2022 Filing

Operations Trend

Revenue Growth6th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2014: $726,621Expenses 2014: $793,375Net Income 2014: -$66,7542014Revenue 2015: $6,888,439Expenses 2015: $6,743,961Net Income 2015: $144,4782015Revenue 2017: $10,582,591Expenses 2017: $12,488,609Net Income 2017: -$1,906,0182017Revenue 2018: $4,363,486Expenses 2018: $5,085,786Net Income 2018: -$722,3002018Revenue 2019: $4,617,663Expenses 2019: $5,310,861Net Income 2019: -$693,1982019Revenue 2020: $4,917,850Expenses 2020: $5,043,193Net Income 2020: -$125,3432020Revenue 2021: $9,050,308Expenses 2021: $3,937,669Net Income 2021: $5,112,6392021Revenue 2022: $4,840,102Expenses 2022: $4,909,804Net Income 2022: -$69,7022022

Highlighted filing

2022

Revenue$4,840,102
Expenses$4,909,804
Net Income-$69,702
Open 2022 Filing

Filings

Most recent year

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

Open filing
Assets
$1,364,002
Liabilities
$8,135,496
Net assets
-$6,771,494
Revenue
$4,840,102
Expenses
$4,909,804
Net income
-$69,702
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$1.36$8.14$6.77$4.84$4.91$0.07
2021Detailed filing. Detailed filing data is available for this year.$1.53$8.90$7.37$9.05$3.94$5.11
2020Detailed filing. Detailed filing data is available for this year.$18.2$30.7$12.5$4.92$5.04$0.13
2019Detailed filing. Detailed filing data is available for this year.$19.0$31.4$12.4$4.62$5.31$0.69
2018Summary only. Only limited summary data is available for this year.$13.4$25.1$11.7$4.36$5.09$0.72
2017Detailed filing. Detailed filing data is available for this year.$17.7$20.1$2.35$10.6$12.5$1.91
2015Summary only. Only limited summary data is available for this year.$22.4$22.3$0.10$6.89$6.74$0.14
2014Summary only. Only limited summary data is available for this year.$0.19$0.26$0.07$0.73$0.79$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 10, 2023
Return Version
2021v4.0
Gross Receipts
$4,840,102
Mission and Program Overview

Mission

Operation of a north carolina public charter school

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$160,239$129,374▼ $30,865
Cash and Non-Interest-Bearing Accounts$111,270$127,381▲ $16,111
Accounts Receivable$71,675$10,242▼ $61,433
Prepaid Expenses and Deferred Charges$96,831$7,058▼ $89,773
Total Assets$1,532,146$1,364,002▼ $168,144
Other Assets Total$1,092,131$1,089,947▼ $2,184
Liabilities
Other Liabilities$8,635,804$7,638,992▼ $996,812
Unsecured Notes Loans Payable-$280,000-
Accounts Payable and Accrued Expenses$267,133$216,504▼ $50,629
Total Liabilities$8,902,937$8,135,496▼ $767,441
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-7,370,791$-6,771,494▲ $599,297
Total Net Assets Fund Balance$-7,370,791$-6,771,494▲ $599,297
Total Liabilities and Net Assets / Fund Balance$1,532,146$1,364,002▼ $168,144

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$29,561$384,999$414,560
Leasehold Improvements$99,813$8,754$108,567
Other Assets Org$1,831--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Richard L Bouldin IiiChief OperatFT$56,077$56,077

Board Members and Trustees

NameTitle
Dr Mildred HueyChair
Chandra HawkinsDirector
Dr Erika RichardsonDirector
Hector SomarriabDirector
Yolanda MalachiSecretary
Cheryl MaskeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,103,612
Program Service Revenue
$3,690,916
Investment Income
$0
Other Revenue
$45,574
All Other Contributions
$7,675
Change in Net Assets
$-69,702

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,840,102
Total Revenue per Audited Statements
$4,840,102
Total Revenue per Form 990
$4,840,102
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,605,598
Other Expenses$2,304,206
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,819,490$246,106-$2,065,596
Occupancy$753,079$153,704-$906,783
Fees for Services Other$391,883$263,881-$655,764
Other Employee Benefits$189,869$36,165-$226,034
Information Technology$158,833--$158,833
Payroll Taxes$132,866$25,308-$158,174
Current Officers, Directors, Trustees, and Key Employees-$100,463-$100,463
Office Expenses$30,617$69,036-$99,653
Pension Plan Contributions$46,478$8,853-$55,331
Depreciation Depletion$37,474$12,492-$49,966
All Other Expenses$26,374$21,970-$48,344
Conferences and Meetings$42,471$429-$42,900
Insurance-$41,204-$41,204
Advertising-$40,473-$40,473
Other Expenses$26,370$20,658-$20,658
Interest$8,170$7,541-$15,711
Fees for Services Accounting-$15,554-$15,554
Fees for Services Legal-$225-$225
Travel-$196-$196
Total Functional Expenses$3,836,756$1,073,048$0$4,909,804

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,909,804
Expenses per Audited Statements$4,240,805
Total Expenses per Audited Statements$4,240,805
Expenses Not Reported on Financial Statements$668,999
Other Expense Adjustments$668,999
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
Net Opeb Liability$3,579,262
Opeb Related Inflows$2,414,207
Deferred Inflows (pension)$997,849
Pension Liability$568,468
Compensated Absences$79,206
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 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
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 return is reviewed by the board of directors prior to filing.”

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

“All potential conflicts of interest are reviewed and resolved by the board of directors.”

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

“Compensation for the executive director is approved by the board and is based on comparability data.”

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

“No officer are compensated. Salaries for key employees are based on comparability data.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are made available to the public upon request at the organization's office.”

Filing and Contact Details

Filer

Filer Name
Invest Collegiate Consortium Inc
EIN
45-3776803
Phone
7043704000
Address
2045 SUTTLE AVENUE, CHARLOTTE, NC 28208
Doing Business As
Invest Collegiate Transform

Signing Officer

Name
Richard L Bouldin Iii
Title
Chief Operatns Off
Phone
7043704000
Signed
2023-05-10

Organization Details

Principal Officer
Dr Mildred Huey
Formed
2011
Legal Domicile
Nc
Voting Board Members
6
Independent Board Members
6
Employees
46
Volunteers
7

Preparer

Firm
Petway Mills & Pearson Pa
Address
PO BOX 1036, ZEBULON, NC 27597-1036
Preparer
James a Ridoutt
Phone
9192697405
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Contracted exceptional studen 12,460 0 0 contracted r&m services 72,768 0 0 contracted social work 13,195 0 0 contracted general admin 0 198,254 0 contracted psychological 21,988 0 0 contracted speech 25,930 0 0 contracted athletics and acti 11,650 0 0 contracted custodials 0 60,629 0 contracted nutrition 78,113 0 0 contracted technology 36,649 4,998 0 miscellaneous contracts 119,130 0 0 total 391,883 263,881 0”

Form 990, Part XI, Line 9

“Gasb pension adjustment 668,999”

Financial Statement Notes

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

“Gasb pension adjustment 668,999”

Raw XML AppendixShowing 400 of 446 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/BOYAmt0267133
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0216504
IRS990/AccountsReceivableGrp/BOYAmt071675
IRS990/AccountsReceivableGrp/EOYAmt010242
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0OPERATION OF A NORTH CAROLINA PUBLIC CHARTER SCHOOL
IRS990/AdvertisingGrp/ManagementAndGeneralAmt040473
IRS990/AdvertisingGrp/TotalAmt040473
IRS990/AllOtherContributionsAmt07675
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt021970
IRS990/AllOtherExpensesGrp/ProgramServicesAmt026374
IRS990/AllOtherExpensesGrp/TotalAmt048344
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0ACADIA NORTHSTAR LLC
IRS990/BooksInCareOfDetail/PhoneNum09199547040
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05029 FALLS OF NEUSE RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0RALEIGH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027609
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0111270
IRS990/CashNonInterestBearingGrp/EOYAmt0127381
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0100463
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0100463
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0429
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt042471
IRS990/ConferencesMeetingsGrp/TotalAmt042900
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01103612
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt02304206
IRS990/CYOtherRevenueAmt045574
IRS990/CYProgramServiceRevenueAmt03690916
IRS990/CYRevenuesLessExpensesAmt0-69702
IRS990/CYSalariesCompEmpBnftPaidAmt02605598
IRS990/CYTotalExpensesAmt04909804
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04840102
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt012492
IRS990/DepreciationDepletionGrp/ProgramServicesAmt037474
IRS990/DepreciationDepletionGrp/TotalAmt049966
IRS990/Desc0OPERATED AS A CHARTER SCHOOL IN CHARLOTTE, NC SERVING APPROXIMATELY 354 STUDENTS DURING THE FISCAL YEAR ENDED 6/30/22.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0INVEST COLLEGIATE TRANSFORM
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt046
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt03836756
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt015554
IRS990/FeesForServicesAccountingGrp/TotalAmt015554
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0225
IRS990/FeesForServicesLegalGrp/TotalAmt0225
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0263881
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0391883
IRS990/FeesForServicesOtherGrp/TotalAmt0655764
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0DR MILDRED HUEY
IRS990/Form990PartVIISectionAGrp/PersonNm1YOLANDA MALACHI
IRS990/Form990PartVIISectionAGrp/PersonNm2DR ERIKA RICHARDSON
IRS990/Form990PartVIISectionAGrp/PersonNm3CHERYL MASKE
IRS990/Form990PartVIISectionAGrp/PersonNm4CHANDRA HAWKINS
IRS990/Form990PartVIISectionAGrp/PersonNm5HECTOR SOMARRIAB
IRS990/Form990PartVIISectionAGrp/PersonNm6RICHARD L BOULDIN III
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt656077
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHIEF OPERAT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt01095937
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt04840102
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0158833
IRS990/InformationTechnologyGrp/TotalAmt0158833
IRS990/InsuranceGrp/ManagementAndGeneralAmt041204
IRS990/InsuranceGrp/TotalAmt041204
IRS990/InterestGrp/ManagementAndGeneralAmt07541
IRS990/InterestGrp/ProgramServicesAmt08170
IRS990/InterestGrp/TotalAmt015711
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt014
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0393753
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0160239
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0129374
IRS990/LandBldgEquipCostOrOtherBssAmt0523127
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0OPERATION OF A NORTH CAROLINA PUBLIC CHARTER SCHOOL
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-7370791
IRS990/NetAssetsOrFundBalancesEOYAmt0-6771494
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-7370791
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-6771494
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0153704
IRS990/OccupancyGrp/ProgramServicesAmt0753079
IRS990/OccupancyGrp/TotalAmt0906783
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt069036
IRS990/OfficeExpensesGrp/ProgramServicesAmt030617
IRS990/OfficeExpensesGrp/TotalAmt099653
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01092131
IRS990/OtherAssetsTotalGrp/EOYAmt01089947
IRS990/OtherChangesInNetAssetsAmt0668999
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt036165
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0189869
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0226034
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1PUPIL TRANSPORTATION
IRS990/OtherExpensesGrp/Desc2FOOD PURCHASE
IRS990/OtherExpensesGrp/Desc3MEMBERSHIP/DUES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08790
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt120658
IRS990/OtherExpensesGrp/ProgramServicesAmt0123941
IRS990/OtherExpensesGrp/ProgramServicesAmt148841
IRS990/OtherExpensesGrp/ProgramServicesAmt226370
IRS990/OtherExpensesGrp/TotalAmt0123941
IRS990/OtherExpensesGrp/TotalAmt148841
IRS990/OtherExpensesGrp/TotalAmt235160
IRS990/OtherExpensesGrp/TotalAmt320658
IRS990/OtherLiabilitiesGrp/BOYAmt08635804
IRS990/OtherLiabilitiesGrp/EOYAmt07638992
IRS990/OtherRevenueMiscGrp/Desc0VARIOUS
IRS990/OtherRevenueMiscGrp/Desc1SALES TAX REFUND
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt028033
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt117541
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt028033
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt117541
IRS990/OtherRevenueTotalAmt045574
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0246106
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01819490
IRS990/OtherSalariesAndWagesGrp/TotalAmt02065596
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt025308
IRS990/PayrollTaxesGrp/ProgramServicesAmt0132866
IRS990/PayrollTaxesGrp/TotalAmt0158174
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt08853
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt046478
IRS990/PensionPlanContributionsGrp/TotalAmt055331
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt096831
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07058
IRS990/PrincipalOfficerNm0DR MILDRED HUEY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0STATE OF NC
IRS990/ProgramServiceRevenueGrp/Desc1TOTAL COUNTY FUNDS
IRS990/ProgramServiceRevenueGrp/Desc2SCHOOL PROGRAMS & ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc3LUNCH REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02573979
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11089021
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt226000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31916
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02573979
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11089021
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt226000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31916
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01278810
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt04200865
IRS990/PYOtherExpensesAmt01905815
IRS990/PYOtherRevenueAmt045448
IRS990/PYProgramServiceRevenueAmt03525185
IRS990/PYRevenuesLessExpensesAmt05112639
IRS990/PYSalariesCompEmpBnftPaidAmt02031854
IRS990/PYTotalExpensesAmt03937669
IRS990/PYTotalRevenueAmt09050308
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-69702
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03690916
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/EquipmentGrp/BookValueAmt029561
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0384999
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0414560
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0668999
IRS990ScheduleD/ExpensesSubtotalAmt04240805
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt099813
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt08754
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0108567
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0417151
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1293525
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2258866
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3118574
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt41831
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OPEB RELATED OUTFLOW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEFERRED OUTFLOWS (PENSION)
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2C/Y CONTRIBUTIONS TO PENSION PLAN
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3C/YCONTRIBUTIONS TO OPEB PLAN
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4OPEB ASSET
IRS990ScheduleD/OtherExpensesNotIncludedAmt0668999
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03579262
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12414207
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2997849
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3568468
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt479206
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET OPEB LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OPEB RELATED INFLOWS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED INFLOWS (PENSION)
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4COMPENSATED ABSENCES
IRS990ScheduleD/RevenueSubtotalAmt04840102
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GASB PENSION ADJUSTMENT 668,999
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0129374
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01089947
IRS990ScheduleD/TotalExpensesPerForm990Amt04909804
IRS990ScheduleD/TotalLiabilityAmt07638992
IRS990ScheduleD/TotalRevenuePerForm990Amt04840102
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04840102
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04240805
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 INVEST COLLEGIATE CONSORTIUM OPERATES 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/ExplanationTxt1NORTH CAROLINA CHARTER SCHOOLS, FUNDED BY STATE & LOCAL GOVERNMENT. ALSO RECEIVES VARIOUS FEDERAL AND STATE GRANTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE RETURN IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL POTENTIAL CONFLICTS OF INTEREST ARE REVIEWED AND RESOLVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION FOR THE EXECUTIVE DIRECTOR IS APPROVED BY THE BOARD AND IS BASED ON COMPARABILITY DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO OFFICER ARE COMPENSATED. SALARIES FOR KEY EMPLOYEES ARE BASED ON COMPARABILITY DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ORGANIZATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONTRACTED EXCEPTIONAL STUDEN 12,460 0 0 CONTRACTED R&M SERVICES 72,768 0 0 CONTRACTED SOCIAL WORK 13,195 0 0 CONTRACTED GENERAL ADMIN 0 198,254 0 CONTRACTED PSYCHOLOGICAL 21,988 0 0 CONTRACTED SPEECH 25,930 0 0 CONTRACTED ATHLETICS AND ACTI 11,650 0 0 CONTRACTED CUSTODIALS 0 60,629 0 CONTRACTED NUTRITION 78,113 0 0 CONTRACTED TECHNOLOGY 36,649 4,998 0 MISCELLANEOUS CONTRACTS 119,130 0 0 TOTAL 391,883 263,881 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GASB PENSION ADJUSTMENT 668,999
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01532146
IRS990/TotalAssetsEOYAmt01364002
IRS990/TotalAssetsGrp/BOYAmt01532146
IRS990/TotalAssetsGrp/EOYAmt01364002
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01103612
IRS990/TotalEmployeeCnt046
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01073048
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03836756
IRS990/TotalFunctionalExpensesGrp/TotalAmt04909804
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt08902937
IRS990/TotalLiabilitiesEOYAmt08135496
IRS990/TotalLiabilitiesGrp/BOYAmt08902937
IRS990/TotalLiabilitiesGrp/EOYAmt08135496
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-7370791
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-6771494
IRS990/TotalProgramServiceExpensesAmt03836756
IRS990/TotalProgramServiceRevenueAmt03690916
IRS990/TotalReportableCompFromOrgAmt056077
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03736490
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04840102
IRS990/TotalVolunteersCnt07

Document Assets

No mirrored PDF or thumbnail assets are attached yet.