Civic Intelligence

North Carolina for Quality Virtual

EIN 45-4339430 • 501(c)3 • Durham, NC

Profile

To empower children with knowledge, skills, and character traits to be successful in their education through an engaging, personalized learning experience in a full-time virtual school.

2800 Meridian Parkway Suite 150Durham, NC 27713

www.myncca.com

Siviq Scores

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

Liabilities / Assets

38th percentile

0.22x

Higher debt load relative to assets than 38% of similar nonprofits.

NTEE B • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

0.06x

Higher debt load relative to revenue than 19% of similar nonprofits.

NTEE B • $25M-$50M nonprofits • Source year 2024

Net Margin

69th percentile

15%

Higher net margin than 69% of similar nonprofits.

NTEE B • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

43rd percentile

$185,488

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

NTEE B • $25M-$50M nonprofits • Source year 2024

Asset Growth

94th percentile

106%

Faster asset growth than 94% of similar nonprofits.

NTEE B • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

57th percentile

11%

Faster revenue growth than 57% of similar nonprofits.

NTEE B • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$8,100,095

Up $4,175,889 (+106%) from 2023

Liabilities

Down

$1,781,360

Down $83,944 (-4.5%) from 2023

Net Assets

Up

$6,318,735

Up $4,259,833 (+207%) from 2023

Revenue

Up

$27,847,139

Up $2,762,903 (+11%) from 2023

Expenses

Down

$23,587,306

Down $3,213,179 (-12%) from 2023

Net Income

Up

$4,259,833

Up $5,976,082 (+348%) from 2023

Trend Graphs

Balance Sheet Trend

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

$10M$5.0M$0Assets 2012: $1Liabilities 2012: $02012Assets 2013: $1Liabilities 2013: $02013Assets 2014: $1Liabilities 2014: $02014Assets 2016: $637,385Liabilities 2016: $406,381Net Assets 2016: $231,0042016Assets 2017: $832,843Liabilities 2017: $821,861Net Assets 2017: $10,9822017Assets 2018: $1,219,649Liabilities 2018: $611,426Net Assets 2018: $608,2232018Assets 2019: $3,153,150Liabilities 2019: $2,507,812Net Assets 2019: $645,3382019Assets 2020: $4,569,348Liabilities 2020: $1,806,599Net Assets 2020: $2,762,7492020Assets 2021: $4,459,470Liabilities 2021: $786,347Net Assets 2021: $3,673,1232021Assets 2022: $4,628,797Liabilities 2022: $766,797Net Assets 2022: $3,862,0002022Assets 2023: $3,924,206Liabilities 2023: $1,865,304Net Assets 2023: $2,058,9022023Assets 2024: $8,100,095Liabilities 2024: $1,781,360Net Assets 2024: $6,318,7352024

Highlighted filing

2024

Assets$8,100,095
Liabilities$1,781,360
Net Assets$6,318,735

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2016: $9,129,301Expenses 2016: $8,898,297Net Income 2016: $231,0042016Revenue 2017: $11,640,936Expenses 2017: $11,860,958Net Income 2017: -$220,0222017Revenue 2018: $14,455,832Expenses 2018: $13,858,591Net Income 2018: $597,2412018Revenue 2019: $18,083,358Expenses 2019: $18,046,243Net Income 2019: $37,1152019Revenue 2020: $16,097,408Expenses 2020: $13,979,997Net Income 2020: $2,117,4112020Revenue 2021: $18,932,286Expenses 2021: $18,021,912Net Income 2021: $910,3742021Revenue 2022: $26,567,456Expenses 2022: $26,378,581Net Income 2022: $188,8752022Revenue 2023: $25,084,236Expenses 2023: $26,800,485Net Income 2023: -$1,716,2492023Revenue 2024: $27,847,139Expenses 2024: $23,587,306Net Income 2024: $4,259,8332024

Highlighted filing

2024

Revenue$27,847,139
Expenses$23,587,306
Net Income$4,259,833

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$27,847,139
Mission and Program Overview

Mission

To empower children with knowledge, skills, and character traits to be successful in their education through an engaging, personalized learning experience in a full-time virtual school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,757,016$6,513,324▲ $4,756,308
Intangible Assets$958,965$803,457▼ $155,508
Pledges and Grants Receivable$559,993$416,919▼ $143,074
Prepaid Expenses and Deferred Charges$263,017$296,972▲ $33,955
Land, Buildings, and Equipment, Net$374,384$69,423▼ $304,961
Accounts Receivable$10,831--
Total Assets$3,924,206$8,100,095▲ $4,175,889
Liabilities
Unsecured Notes Loans Payable$1,061,277$907,453▼ $153,824
Accounts Payable and Accrued Expenses$804,027$873,907▲ $69,880
Total Liabilities$1,865,304$1,781,360▼ $83,944
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,058,902$6,318,735▲ $4,259,833
Total Net Assets Fund Balance$2,058,902$6,318,735▲ $4,259,833
Total Liabilities and Net Assets / Fund Balance$3,924,206$8,100,095▲ $4,175,889

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$54,232$1,474,247$1,528,479
Other Land Buildings$12,669$203,851$216,520
Leasehold Improvements$2,522$69,397$71,919
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Jamie HillSuperintendent$170,799$14,689$185,488

Board Members and Trustees

NameTitle
Julie MarksPresident
Angela HowardVice President
Audrey Martin-mccoyBoard Member
Jill HammegrenBoard Member
James MullinsChief of Staff
Dee RaySecretary
Debora WilliamsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$27,847,139
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$79,943
Change in Net Assets
$4,259,833

Audited Revenue Reconciliation

Revenue per Audited Statements
$27,847,139
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$27,847,139
Total Revenue per Form 990
$27,847,139
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$16,452,675
Other Expenses$7,134,631
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$11,156,924$532,667-$11,689,591
Other Expenses$3,461,446$1,083,383-$4,544,829
Other Employee Benefits$1,611,203$80,541-$1,691,744
Comp Disqual Persons$644,356$527,169-$1,171,525
Payroll Taxes$874,991$77,749-$952,740
Pension Plan Contributions$863,975$83,100-$947,075
Fees for Services Other$910,306$18,639-$928,945
Office Expenses$677,787$29,654-$707,441
Depreciation Depletion$460,469--$460,469
Occupancy$244,248$15,130-$259,378
Insurance-$95,702-$95,702
Interest-$77,439-$77,439
Information Technology$2,841$27,587-$30,428
Advertising-$30,000-$30,000
Total Functional Expenses$20,908,546$2,678,760$0$23,587,306

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$23,587,306
Total Expenses per Audited Statements$23,587,306
Total Expenses per Form 990$23,587,306
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Management is delegated to connections education, llc.

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

Form 990 is provided to the board for review prior to filing.

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

The board places great importance on making clear any existing or potentialconflicts of interest. All such conflicts of interest shall be declared bythe member concerned and noted in the minutes.

Form 990, Part VI, Section B, Line 15

Reasonable compensation is determined through comparison for similarservices with other non-profit organizations. All compensation is approvedthrough the board.reasonable compensation is determined through comparison for similarservices with other non-profit organizations. All compensation is approvedthrough the board.

Form 990, Part VI, Section C, Line 19

All information is available on site by request and available through foundation websites or non-profit websites via the internet such as guidestar.org.

Filing and Contact Details

Filer

Filer Name
North Carolina for Quality Virtual
EIN
45-4339430
Phone
9196387056
Address
2800 MERIDIAN PARKWAY SUITE 150, DURHAM, NC 27713
Doing Business As
North Carolina Cyber Academy

Signing Officer

Name
Jill Hammergren
Title
President
Phone
9842087116
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jill Hammergren
Formed
2011
Legal Domicile
Nc
Voting Board Members
6
Independent Board Members
6
Employees
223
Volunteers
0

Preparer

Firm
Rh Cpas Pllc
Address
212 W CENTER ST, LEXINGTON, NC 27292-3012
Preparer
W Leon Rives
Phone
3362488281
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IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt054232
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01474247
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01528479
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt023587306
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02522
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt069397
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt071919
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt012669
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0203851
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0216520
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt027847139
IRS990ScheduleD/TotalBookValueLandBuildingsAmt069423
IRS990ScheduleD/TotalExpensesPerForm990Amt023587306
IRS990ScheduleD/TotalRevenuePerForm990Amt027847139
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt027847139
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt023587306
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/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt08880
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt05809
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JAMIE HILL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0SUPERINTENDENT
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT IS DELEGATED TO CONNECTIONS EDUCATION, LLC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD PLACES GREAT IMPORTANCE ON MAKING CLEAR ANY EXISTING OR POTENTIALCONFLICTS OF INTEREST. ALL SUCH CONFLICTS OF INTEREST SHALL BE DECLARED BYTHE MEMBER CONCERNED AND NOTED IN THE MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REASONABLE COMPENSATION IS DETERMINED THROUGH COMPARISON FOR SIMILARSERVICES WITH OTHER NON-PROFIT ORGANIZATIONS. ALL COMPENSATION IS APPROVEDTHROUGH THE BOARD.REASONABLE COMPENSATION IS DETERMINED THROUGH COMPARISON FOR SIMILARSERVICES WITH OTHER NON-PROFIT ORGANIZATIONS. ALL COMPENSATION IS APPROVEDTHROUGH THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL INFORMATION IS AVAILABLE ON SITE BY REQUEST AND AVAILABLE THROUGH FOUNDATION WEBSITES OR NON-PROFIT WEBSITES VIA THE INTERNET SUCH AS GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
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IRS990/SignificantNewProgramSrvcInd00
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IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt027847139
IRS990/TotalEmployeeCnt0223
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt020908546
IRS990/TotalFunctionalExpensesGrp/TotalAmt023587306
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt01781360
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IRS990/TotalLiabilitiesGrp/EOYAmt01781360
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IRS990/TotalOtherCompensationAmt014689
IRS990/TotalProgramServiceExpensesAmt020908546
IRS990/TotalReportableCompFromOrgAmt0170799
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt027847139
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03924206
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IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt01061277
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0907453
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02800 MERIDIAN PARKWAY SUITE 150
IRS990/USAddress/CityNm0DURHAM
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027713
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.MYNCCA.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JILL HAMMERGREN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09842087116
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NORTH CAROLINA FOR QUALITY VIRTUAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0EDUCATION INC
ReturnHeader/Filer/BusinessNameControlTxt0NORT
ReturnHeader/Filer/EIN0454339430
ReturnHeader/Filer/PhoneNum09196387056
ReturnHeader/Filer/USAddress/AddressLine1Txt02800 MERIDIAN PARKWAY SUITE 150
ReturnHeader/Filer/USAddress/CityNm0DURHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200427530
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RH CPAS PLLC

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