Civic Intelligence

North Carolina Charter Educational Foundation Inc.

990 • Fiscal year 2018 • EIN 45-5348770

Jul 01, 2017 to Jun 30, 2018 • Filed on May 15, 2019

Organization ProfileWWW.NCCHARTERFOUNDATION.COM
154 Foundation CTMooresville, NC 28117

(704) 910-8499

Siviq Scores

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

Liabilities / Assets

100th percentile

1.10x

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

2018 filings • NTEE B • $100M-$250M nonprofits • Source year 2018

Liabilities / Revenue

92nd percentile

3.22x

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

2018 filings • NTEE B • $100M-$250M nonprofits • Source year 2018

Net Margin

16th percentile

-5.1%

Higher net margin than 16% of similar nonprofits.

2018 filings • NTEE B • $100M-$250M nonprofits • Source year 2018

Top Officer Pay

6th percentile

$0

Higher top officer pay than 6% of similar nonprofits.

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

2018 filings • NTEE B • $100M-$250M nonprofits • Source year 2018

Asset Growth

21st percentile

-1.1%

Faster asset growth than 21% of similar nonprofits.

2018 filings • NTEE B • $100M-$250M nonprofits • Annualized from 2017 to 2018

Revenue Growth

75th percentile

13%

Faster revenue growth than 75% of similar nonprofits.

2018 filings • NTEE B • $100M-$250M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets100th percentile

Assets

Down

$102,399,023

Down $1,118,344 (-1.1%) from 2017

Net Assets

Down

-$10,528,183

Down $1,759,104 (-20%) from 2017

Liabilities

Up

$112,927,206

Up $640,760 (+0.6%) from 2017

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin16th percentile

Revenue

Up

$35,072,720

Up $4,072,984 (+13%) from 2017

Expenses

Down

$36,857,912

Down $381,842 (-1.0%) from 2017

Net Income

Up

-$1,785,192

Up $4,454,826 (+71%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

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

$150M$100M$50M$0-$50MAssets 2014: $28,715,837Liabilities 2014: $29,542,368Net Assets 2014: -$826,5312014Assets 2015: $27,595,509Liabilities 2015: $29,624,674Net Assets 2015: -$2,029,1652015Assets 2016: $25,158,139Liabilities 2016: $27,687,200Net Assets 2016: -$2,529,0612016Assets 2017: $103,517,367Liabilities 2017: $112,286,446Net Assets 2017: -$8,769,0792017Assets 2018: $102,399,023Liabilities 2018: $112,927,206Net Assets 2018: -$10,528,1832018Assets 2019: $98,222,058Liabilities 2019: $112,186,080Net Assets 2019: -$13,964,0222019Assets 2020: $94,894,392Liabilities 2020: $109,557,804Net Assets 2020: -$14,663,4122020Assets 2021: $93,431,533Liabilities 2021: $109,393,273Net Assets 2021: -$15,961,7402021Assets 2022: $99,990,421Liabilities 2022: $115,833,148Net Assets 2022: -$15,842,7272022Assets 2023: $97,538,844Liabilities 2023: $113,422,260Net Assets 2023: -$15,883,4162023Assets 2024: $97,432,838Liabilities 2024: $112,679,235Net Assets 2024: -$15,246,3972024

Highlighted filing

2018

Assets$102,399,023
Liabilities$112,927,206
Net Assets-$10,528,183
Open 2018 Filing

Operations Trend

Revenue Growth75th percentile

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

$60M$40M$20M$0-$20MRevenue 2014: $9,751,352Expenses 2014: $10,577,883Net Income 2014: -$826,5312014Revenue 2015: $13,712,549Expenses 2015: $14,915,183Net Income 2015: -$1,202,6342015Revenue 2016: $17,419,023Expenses 2016: $17,918,919Net Income 2016: -$499,8962016Revenue 2017: $30,999,736Expenses 2017: $37,239,754Net Income 2017: -$6,240,0182017Revenue 2018: $35,072,720Expenses 2018: $36,857,912Net Income 2018: -$1,785,1922018Revenue 2019: $35,885,724Expenses 2019: $36,969,160Net Income 2019: -$1,083,4362019Revenue 2020: $35,899,643Expenses 2020: $36,599,033Net Income 2020: -$699,3902020Revenue 2021: $35,029,413Expenses 2021: $36,327,741Net Income 2021: -$1,298,3282021Revenue 2022: $37,909,289Expenses 2022: $37,781,737Net Income 2022: $127,5522022Revenue 2023: $40,248,421Expenses 2023: $39,971,514Net Income 2023: $276,9072023Revenue 2024: $46,329,201Expenses 2024: $45,692,182Net Income 2024: $637,0192024

Highlighted filing

2018

Revenue$35,072,720
Expenses$36,857,912
Net Income-$1,785,192
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 15, 2019
Return Version
2017v2.3
Gross Receipts
$49,081,521
Mission and Program Overview

Mission

The foundation operates charter schools that will serve students in grades kindergarten through twelfth grade (k-12). The guiding vision for the charter schools is the belief that all children can learn, become self-motivated life-long learners, function as responsible citizens, and actualize their potential as productive citizens in the local and global societies and the 21st century workforce. The charter schools will provide a learning environment that integrates a research-based curriculum, a culture of student safety and success, and concentration on academic rigor while focusing on citizenship and hands-on learning through community activities. This will ensure students from all socioeconomic levels reach academic and personal potential, become self-motivated life-long learners, and are prepared to enter, compete, and succeed in secondary and postsecondary educational opportunities and careers of choice.

North carolina charter educational foundation is a north carolina not-for-profit entity organized exclusively for educational purposes. The foundation is comprised of respected leaders in the state of north carolina that are committed to providing high quality educational options for the students and families of north carolina.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$90,359,543$87,241,315▼ $3,118,228
Cash and Non-Interest-Bearing Accounts$3,315,653$4,111,514▲ $795,861
Accounts Receivable$218,710$2,369,995▲ $2,151,285
Prepaid Expenses and Deferred Charges$101,941$133,717▲ $31,776
Total Assets$103,517,367$102,399,023▼ $1,118,344
Other Assets Total$9,521,520$8,542,482▼ $979,038
Liabilities
Other Liabilities$111,656,435$112,669,682▲ $1,013,247
Accounts Payable and Accrued Expenses$630,011$257,524▼ $372,487
Total Liabilities$112,286,446$112,927,206▲ $640,760
Net Assets / Fund Balance
Unrestricted Net Assets$-8,769,079$-10,528,183▼ $1,759,104
Total Net Assets Fund Balance$-8,769,079$-10,528,183▼ $1,759,104
Total Liabilities and Net Assets / Fund Balance$103,517,367$102,399,023▼ $1,118,344

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$84,235,994$8,374,239$92,610,233
Equipment$3,005,321$4,762,319$7,767,640
Other Assets Org$8,271,584--
Compensation and Service Providers
Top Officer Pay6th percentile

Board Members and Trustees

NameTitle
Wayne a Turner JrBoard President
Beth ComptonVice President/secretary
Ivonne ReedDirector
Jessica RainsteinDirector
Martin ConwayDirector
Patrick GriffinDirector
Beth Allen CPATreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Red Apple LLCRent800 CORPORATE DRIVE STE 124, Ft Lauderdale, FL 33334$538,463
Revenue and Support

Revenue Composition

Contributions and Grants
$33,755,763
Program Service Revenue
$1,286,618
Investment Income
$30,339
Other Revenue
$0
All Other Contributions
$5,643,448
Change in Net Assets
$-1,785,192

Audited Revenue Reconciliation

Revenue per Audited Statements
$35,072,720
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$26,088
Total Revenue per Audited Statements
$35,098,808
Total Revenue per Form 990
$35,072,720
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$18,492,209
Other Expenses$18,365,703
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$14,781,171$932,822-$15,713,993
Interest-$5,233,940-$5,233,940
Depreciation Depletion-$3,960,589-$3,960,589
Occupancy$1,493,060--$1,493,060
Payroll Taxes$1,325,276$92,626-$1,417,902
Other Employee Benefits$1,269,229$49,834-$1,319,063
All Other Expenses$547,944$577,991-$1,125,935
Fees for Services Other$490,525$546,193-$1,036,718
Other Expenses$603,578$8,901-$612,479
Information Technology$515,701--$515,701
Insurance$20,587$276,936-$297,523
Advertising$129,128--$129,128
Travel-$76,348-$76,348
Pension Plan Contributions$38,368$2,883-$41,251
Office Expenses-$11,882-$11,882
Total Functional Expenses$25,024,505$11,833,407$0$36,857,912

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$36,857,912
Total Expenses per Audited Statements$36,857,912
Total Expenses per Form 990$36,857,912
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Bonds Payable$106,088,995
Due to Management Company$4,580,097
Accrued Salaries and Wages Payable$1,657,336
Accrued Interest Payable$216,959
Compensated Absences$126,295

Bond Issues

BondIssuerIssuedIssue PricePurpose
APublic Finance Authority Education Revenue Bonds2016-08-30$110,470,000Provide funds for the acquisition, construction and equipment of facilities

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$110,470,000--$2,202,531

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
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 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
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The foundation contracted with a charter school management company to be accountable to the board for the administration, operation, and performance of the charter school in accordance with the charter agreement.”

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

“A copy of form 990 was provided to the board of directors by the foundation's independent accounting firm. It was reviewed and approved by the governing board prior to government submission.”

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

“The conflict of interest policy is monitored and enforced through the standards and provisions set forth by the north carolina state board of education. Board members are required to disclose any possible conflicts of interest annually.”

Form 990, Part VI, Section C, Line 18

“The foundation's form 1023 and form 990 are available upon request to the management company. The form 990 can also be found on www.guidestar.com.”

Form 990, Part VI, Section C, Line 19

“The foundation makes its governing documents, conflicts of interest policy, and financial statements available upon request to the management company.”

Filing and Contact Details

Filer

Filer Name
North Carolina Charter Educational
EIN
45-5348770
Phone
7049108499
Address
154 FOUNDATION CT, MOORESVILLE, NC 28117

Signing Officer

Name
Wayne Turner
Title
President
Phone
7049108499
Signed
2019-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wayne Turner
Formed
2012
Legal Domicile
Nc
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
KEEFE MCCULLOUGH & CO LLP CPA'S
Address
6550 N FEDERAL HIGHWAY SUITE 410, FT LAUDERDALE, FL 33308
Preparer
William G Benson
Phone
9547710896
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The foundation's governing board selects their auditor in compliance with the north carolina statutes which require certain criteria to be followed in their request for proposal process. There are no changes to this process from prior year.”

Form 990, Part XII, Line 3B

“An audit as required as set forth in the single audit act was performed.”

Raw XML AppendixShowing 400 of 490 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/BOYAmt0630011
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0257524
IRS990/AccountsReceivableGrp/BOYAmt0218710
IRS990/AccountsReceivableGrp/EOYAmt02369995
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0NORTH CAROLINA CHARTER EDUCATIONAL FOUNDATION IS A NORTH CAROLINA NOT-FOR-PROFIT ENTITY ORGANIZED EXCLUSIVELY FOR EDUCATIONAL PURPOSES. THE FOUNDATION IS COMPRISED OF RESPECTED LEADERS IN THE STATE OF NORTH CAROLINA THAT ARE COMMITTED TO PROVIDING HIGH QUALITY EDUCATIONAL OPTIONS FOR THE STUDENTS AND FAMILIES OF NORTH CAROLINA.
IRS990/AdvertisingGrp/ProgramServicesAmt0129128
IRS990/AdvertisingGrp/TotalAmt0129128
IRS990/AllOtherContributionsAmt05643448
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0577991
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0547944
IRS990/AllOtherExpensesGrp/TotalAmt01125935
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CHARTER SCHOOLS USA INC
IRS990/BooksInCareOfDetail/PhoneNum09542023500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0800 CORPORATE DRIVE SUITE 124
IRS990/BooksInCareOfDetail/USAddress/CityNm0FORT LAUDERDALE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd033334
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt03315653
IRS990/CashNonInterestBearingGrp/EOYAmt04111514
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt0538463
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0800 CORPORATE DRIVE STE 124
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0FT LAUDERDALE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0FL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd033334
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0RED APPLE LLC
IRS990/ContractorCompensationGrp/ServicesDesc0RENT
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt033755763
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt030339
IRS990/CYOtherExpensesAmt018365703
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01286618
IRS990/CYRevenuesLessExpensesAmt0-1785192
IRS990/CYSalariesCompEmpBnftPaidAmt018492209
IRS990/CYTotalExpensesAmt036857912
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt035072720
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt03960589
IRS990/DepreciationDepletionGrp/TotalAmt03960589
IRS990/Desc0CABARRUS CHARTER ACADEMY: IS A TUITION-FREE PUBLIC CHARTER SCHOOL THAT EDUCATES STUDENTS IN GRADES KINDERGARTEN THROUGH TWELFTH IN CABARRUS COUNTY, NORTH CAROLINA.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/ExpenseAmt07610098
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0546193
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0490525
IRS990/FeesForServicesOtherGrp/TotalAmt01036718
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
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/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0JESSICA RAINSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm1IVONNE REED
IRS990/Form990PartVIISectionAGrp/PersonNm2PATRICK GRIFFIN
IRS990/Form990PartVIISectionAGrp/PersonNm3MARTIN CONWAY
IRS990/Form990PartVIISectionAGrp/PersonNm4WAYNE A TURNER JR
IRS990/Form990PartVIISectionAGrp/PersonNm5BETH COMPTON
IRS990/Form990PartVIISectionAGrp/PersonNm6BETH ALLEN CPA
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/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDENT/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-98494
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt028112315
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt013910307
IRS990/GrossReceiptsAmt049081521
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0515701
IRS990/InformationTechnologyGrp/TotalAmt0515701
IRS990/InsuranceGrp/ManagementAndGeneralAmt0276936
IRS990/InsuranceGrp/ProgramServicesAmt020587
IRS990/InsuranceGrp/TotalAmt0297523
IRS990/InterestGrp/ManagementAndGeneralAmt05233940
IRS990/InterestGrp/TotalAmt05233940
IRS990/InvestmentIncomeGrp/ExclusionAmt0128833
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0128833
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt057
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt013136558
IRS990/LandBldgEquipBasisNetGrp/BOYAmt090359543
IRS990/LandBldgEquipBasisNetGrp/EOYAmt087241315
IRS990/LandBldgEquipCostOrOtherBssAmt0100377873
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt014008801
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE FOUNDATION OPERATES CHARTER SCHOOLS THAT WILL SERVE STUDENTS IN GRADES KINDERGARTEN THROUGH TWELFTH GRADE (K-12). THE GUIDING VISION FOR THE CHARTER SCHOOLS IS THE BELIEF THAT ALL CHILDREN CAN LEARN, BECOME SELF-MOTIVATED LIFE-LONG LEARNERS, FUNCTION AS RESPONSIBLE CITIZENS, AND ACTUALIZE THEIR POTENTIAL AS PRODUCTIVE CITIZENS IN THE LOCAL AND GLOBAL SOCIETIES AND THE 21ST CENTURY WORKFORCE. THE CHARTER SCHOOLS WILL PROVIDE A LEARNING ENVIRONMENT THAT INTEGRATES A RESEARCH-BASED CURRICULUM, A CULTURE OF STUDENT SAFETY AND SUCCESS, AND CONCENTRATION ON ACADEMIC RIGOR WHILE FOCUSING ON CITIZENSHIP AND HANDS-ON LEARNING THROUGH COMMUNITY ACTIVITIES. THIS WILL ENSURE STUDENTS FROM ALL SOCIOECONOMIC LEVELS REACH ACADEMIC AND PERSONAL POTENTIAL, BECOME SELF-MOTIVATED LIFE-LONG LEARNERS, AND ARE PREPARED TO ENTER, COMPETE, AND SUCCEED IN SECONDARY AND POSTSECONDARY EDUCATIONAL OPPORTUNITIES AND CAREERS OF CHOICE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-8769079
IRS990/NetAssetsOrFundBalancesEOYAmt0-10528183
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-98494
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-98494
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt026088
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt01493060
IRS990/OccupancyGrp/TotalAmt01493060
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011882
IRS990/OfficeExpensesGrp/TotalAmt011882
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09521520
IRS990/OtherAssetsTotalGrp/EOYAmt08542482
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt049834
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01269229
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01319063
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1CLUB/ ACTIVITY EXPENSES
IRS990/OtherExpensesGrp/Desc2SCHOOL SUPPLIES
IRS990/OtherExpensesGrp/Desc3FOOD COSTS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt062462
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt18901
IRS990/OtherExpensesGrp/ProgramServicesAmt02243181
IRS990/OtherExpensesGrp/ProgramServicesAmt1870267
IRS990/OtherExpensesGrp/ProgramServicesAmt2696490
IRS990/OtherExpensesGrp/ProgramServicesAmt3603578
IRS990/OtherExpensesGrp/TotalAmt02243181
IRS990/OtherExpensesGrp/TotalAmt1870267
IRS990/OtherExpensesGrp/TotalAmt2758952
IRS990/OtherExpensesGrp/TotalAmt3612479
IRS990/OtherLiabilitiesGrp/BOYAmt0111656435
IRS990/OtherLiabilitiesGrp/EOYAmt0112669682
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0932822
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt014781171
IRS990/OtherSalariesAndWagesGrp/TotalAmt015713993
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt092626
IRS990/PayrollTaxesGrp/ProgramServicesAmt01325276
IRS990/PayrollTaxesGrp/TotalAmt01417902
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02883
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt038368
IRS990/PensionPlanContributionsGrp/TotalAmt041251
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0101941
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0133717
IRS990/PrincipalOfficerNm0WAYNE TURNER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0FOOD SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1BEFORE AND AFTERCARE
IRS990/ProgramServiceRevenueGrp/Desc2MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0666673
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1609474
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt210471
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0666673
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1609474
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt210471
IRS990/ProgSrvcAccomActy2Grp/Desc0LANGTREE CHARTER ACADEMY: IS A TUITION-FREE PUBLIC CHARTER SCHOOL THAT EDUCATES STUDENTS IN GRADES KINDERGARTEN THROUGH TWELFTH IN IREDELL COUNTY, NORTH CAROLINA.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt09823176
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0485799
IRS990/ProgSrvcAccomActy3Grp/Desc0KANNAPOLIS CHARTER ACADEMY: IS A TUITION-FREE PUBLIC CHARTER SCHOOL THAT EDUCATES STUDENTS IN GRADES KINDERGARTEN THROUGH EIGHTH IN CABARRUS COUNTY, NORTH CAROLINA.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt03890992
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0260306
IRS990/ProgSrvcAccomActyOtherGrp/Desc0IREDELL CHARTER ACADEMY: IS A TUITION-FREE PUBLIC CHARTER SCHOOL THAT EDUCATES STUDENTS IN GRADES KINDERGARTEN THROUGH EIGHTH IN IREDELL COUNTY, NORTH CAROLINA.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt03700239
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0209526
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt029847800
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt014370
IRS990/PYOtherExpensesAmt022000034
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01137566
IRS990/PYRevenuesLessExpensesAmt0-6240018
IRS990/PYSalariesCompEmpBnftPaidAmt015239720
IRS990/PYTotalExpensesAmt037239754
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt030999736
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1785192
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0330987
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt084235994
IRS990ScheduleD/BuildingsGrp/DepreciationAmt08374239
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt092610233
IRS990ScheduleD/EquipmentGrp/BookValueAmt03005321
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04762319
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07767640
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt036857912
IRS990ScheduleD/NetUnrealizedGainsInvstAmt026088
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0151850
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1119048
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt28271584
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM OTHER GOVERNMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESTRICTED CASH
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01657336
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1216959
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2126295
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3106088995
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt44580097
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED SALARIES AND WAGES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2COMPENSATED ABSENCES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3BONDS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4DUE TO MANAGEMENT COMPANY
IRS990ScheduleD/RevenueNotReportedAmt026088
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt035072720
IRS990ScheduleD/TotalBookValueLandBuildingsAmt087241315
IRS990ScheduleD/TotalBookValueOtherAssetsAmt08542482
IRS990ScheduleD/TotalExpensesPerForm990Amt036857912
IRS990ScheduleD/TotalLiabilityAmt0112669682
IRS990ScheduleD/TotalRevenuePerForm990Amt035072720
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt035098808
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt036857912
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
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION INCLUDES PUBLIC CHARTER SCHOOLS ORGANIZED UNDER NORTH CAROLINA STATUTES. ALL NONDISCRIMINATORY INFORMATION IS AVAILABLE THROUGH VARIOUS PUBLIC ANNOUCEMENTS AND PUBLICATIONS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION RECEIVES COMPENSATION FOR SERVICES IN THE FORM OF AWARDS, GRANTS AND OTHER SUBSIDIES FROM FEDERAL, STATE AND LOCAL GOVERNMENTS, WHICH ALSO INCLUDES FUNDING FOR STUDENT ENROLLMENT.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02016-08-30
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt0110470000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0PUBLIC FINANCE AUTHORITY EDUCATION REVENUE BONDS
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0PROVIDE FUNDS FOR THE ACQUISITION, CONSTRUCTION AND EQUIPMENT OF FACILITIES
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalizedInterestAmt02973713
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt07130000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt02202531
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02046
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt0110470000
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION CONTRACTED WITH A CHARTER SCHOOL MANAGEMENT COMPANY TO BE ACCOUNTABLE TO THE BOARD FOR THE ADMINISTRATION, OPERATION, AND PERFORMANCE OF THE CHARTER SCHOOL IN ACCORDANCE WITH THE CHARTER AGREEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF FORM 990 WAS PROVIDED TO THE BOARD OF DIRECTORS BY THE FOUNDATION'S INDEPENDENT ACCOUNTING FIRM. IT WAS REVIEWED AND APPROVED BY THE GOVERNING BOARD PRIOR TO GOVERNMENT SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED THROUGH THE STANDARDS AND PROVISIONS SET FORTH BY THE NORTH CAROLINA STATE BOARD OF EDUCATION. BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FOUNDATION'S FORM 1023 AND FORM 990 ARE AVAILABLE UPON REQUEST TO THE MANAGEMENT COMPANY. THE FORM 990 CAN ALSO BE FOUND ON WWW.GUIDESTAR.COM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST TO THE MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FOUNDATION'S GOVERNING BOARD SELECTS THEIR AUDITOR IN COMPLIANCE WITH THE NORTH CAROLINA STATUTES WHICH REQUIRE CERTAIN CRITERIA TO BE FOLLOWED IN THEIR REQUEST FOR PROPOSAL PROCESS. THERE ARE NO CHANGES TO THIS PROCESS FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6AN AUDIT AS REQUIRED AS SET FORTH IN THE SINGLE AUDIT ACT WAS PERFORMED.
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 C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 3B
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$102,399,023
Liabilities
$112,927,206
Net assets
-$10,528,183
Revenue
$35,072,720
Expenses
$36,857,912
Net income
-$1,785,192
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$97.4$113$15.2$46.3$45.7$0.64
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$97.5$113$15.9$40.2$40.0$0.28
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$100.0$116$15.8$37.9$37.8$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$93.4$109$16.0$35.0$36.3$1.30
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$94.9$110$14.7$35.9$36.6$0.70
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$98.2$112$14.0$35.9$37.0$1.08
2018Detailed filing. Detailed filing data is available for this year.$102$113$10.5$35.1$36.9$1.79
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$104$112$8.77$31.0$37.2$6.24
2016Detailed filing. Detailed filing data is available for this year.$25.2$27.7$2.53$17.4$17.9$0.50
2015Detailed filing. Detailed filing data is available for this year.$27.6$29.6$2.03$13.7$14.9$1.20
2014Detailed filing. Detailed filing data is available for this year.$28.7$29.5$0.83$9.75$10.6$0.83
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • $100M-$250M nonprofits