Civic Intelligence

Pioneer Springs Community School Inc

EIN 45-5464815 • 501(c)3 • Charlotte, NC

Profile

Operation of a public charter school.

PO Box 480537Charlotte, NC 28269

pioneersprings.org

Siviq Scores

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

Liabilities / Assets

60th percentile

0.85x

Higher debt load relative to assets than 60% of similar nonprofits.

NTEE B29 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

58th percentile

1.14x

Higher debt load relative to revenue than 58% of similar nonprofits.

NTEE B29 • $10M-$25M nonprofits • Source year 2025

Net Margin

63rd percentile

3.0%

Higher net margin than 63% of similar nonprofits.

NTEE B29 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

29th percentile

$0

Higher top officer pay than 29% of similar nonprofits.

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

NTEE B29 • $10M-$25M nonprofits • Source year 2025

Asset Growth

52nd percentile

0.8%

Faster asset growth than 52% of similar nonprofits.

NTEE B29 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

13th percentile

-5.6%

Faster revenue growth than 13% of similar nonprofits.

NTEE B29 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Up

$10,931,649

Up $90,754 (+0.8%) from 2024

Liabilities

Down

$9,267,696

Down $152,800 (-1.6%) from 2024

Net Assets

Up

$1,663,953

Up $243,554 (+17%) from 2024

Revenue

Down

$8,155,371

Down $483,811 (-5.6%) from 2024

Expenses

Up

$7,911,817

Up $416,796 (+5.6%) from 2024

Net Income

Down

$243,554

Down $900,607 (-79%) from 2024

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2014: $191,351Liabilities 2014: $187,979Net Assets 2014: $3,3722014Assets 2015: $698,121Liabilities 2015: $505,494Net Assets 2015: $192,6272015Assets 2016: $1,049,762Liabilities 2016: $565,724Net Assets 2016: $484,0382016Assets 2017: $2,596,095Liabilities 2017: $2,081,769Net Assets 2017: $514,3262017Assets 2018: $3,755,304Liabilities 2018: $6,389,123Net Assets 2018: -$2,633,8192018Assets 2019: $4,355,206Liabilities 2019: $7,054,312Net Assets 2019: -$2,699,1062019Assets 2020: $9,577,628Liabilities 2020: $10,486,453Net Assets 2020: -$908,8252020Assets 2021: $9,782,554Liabilities 2021: $9,972,505Net Assets 2021: -$189,9512021Assets 2022: $10,055,005Liabilities 2022: $9,784,977Net Assets 2022: $270,0282022Assets 2023: $9,878,507Liabilities 2023: $9,602,269Net Assets 2023: $276,2382023Assets 2024: $10,840,895Liabilities 2024: $9,420,496Net Assets 2024: $1,420,3992024Assets 2025: $10,931,649Liabilities 2025: $9,267,696Net Assets 2025: $1,663,9532025

Highlighted filing

2025

Assets$10,931,649
Liabilities$9,267,696
Net Assets$1,663,953

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2014: $200,201Expenses 2014: $184,002Net Income 2014: $16,1992014Revenue 2015: $1,579,056Expenses 2015: $1,389,801Net Income 2015: $189,2552015Revenue 2016: $2,137,423Expenses 2016: $1,846,012Net Income 2016: $291,4112016Revenue 2017: $2,302,546Expenses 2017: $2,272,258Net Income 2017: $30,2882017Revenue 2018: $2,678,821Expenses 2018: $2,884,632Net Income 2018: -$205,8112018Revenue 2019: $3,194,875Expenses 2019: $3,260,162Net Income 2019: -$65,2872019Revenue 2020: $5,611,634Expenses 2020: $3,821,353Net Income 2020: $1,790,2812020Revenue 2021: $5,526,446Expenses 2021: $4,807,572Net Income 2021: $718,8742021Revenue 2022: $6,214,969Expenses 2022: $5,754,990Net Income 2022: $459,9792022Revenue 2023: $6,825,972Expenses 2023: $6,819,762Net Income 2023: $6,2102023Revenue 2024: $8,639,182Expenses 2024: $7,495,021Net Income 2024: $1,144,1612024Revenue 2025: $8,155,371Expenses 2025: $7,911,817Net Income 2025: $243,5542025

Highlighted filing

2025

Revenue$8,155,371
Expenses$7,911,817
Net Income$243,554

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$10.9$9.27$1.66$8.16$7.91$0.24
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.8$9.42$1.42$8.64$7.50$1.14
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.88$9.60$0.28$6.83$6.82$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.1$9.78$0.27$6.21$5.75$0.46
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.78$9.97$0.19$5.53$4.81$0.72
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.58$10.5$0.91$5.61$3.82$1.79
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.36$7.05$2.70$3.19$3.26$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.76$6.39$2.63$2.68$2.88$0.21
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.60$2.08$0.51$2.30$2.27$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.05$0.57$0.48$2.14$1.85$0.29
2015Detailed filing. Detailed filing data is available for this year.$0.70$0.51$0.19$1.58$1.39$0.19
2014Summary only. Only limited summary data is available for this year.$0.19$0.19$0.00$0.20$0.18$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Mar 12, 2026
Return Version
2024v5.2
Gross Receipts
$8,155,371
Mission and Program Overview

Mission

Operation of a public charter school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,754,828$7,475,992▼ $278,836
Cash and Non-Interest-Bearing Accounts$1,620,042$1,776,469▲ $156,427
Savings and Temporary Cash Investments$1,459,148$1,669,640▲ $210,492
Accounts Receivable$6,557$9,228▲ $2,671
Prepaid Expenses and Deferred Charges$320$320→ $0
Total Assets$10,840,895$10,931,649▲ $90,754
Liabilities
Tax Exempt Bond Liabilities$9,390,000$9,180,000▼ $210,000
Mortgage Notes Payable Secured by Investment Property$16,701$68,966▲ $52,265
Accounts Payable and Accrued Expenses$13,795$18,730▲ $4,935
Total Liabilities$9,420,496$9,267,696▼ $152,800
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,420,399$1,663,953▲ $243,554
Total Net Assets Fund Balance$1,420,399$1,663,953▲ $243,554
Total Liabilities and Net Assets / Fund Balance$10,840,895$10,931,649▲ $90,754

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,346,206$1,131,865$7,478,071
Leasehold Improvements$942,270$301,723$1,243,993
Equipment$102,898$46,694$149,592
Other Land Buildings$84,618$15,618$100,236
Compensation and Service Providers

Board Members and Trustees

NameTitle
Abigail JenningsChairman
Barbara Ann TempleVice Chairman
De'Onn GriffinBoard Member
Gail FaithfulBoard Member
James FreemanBoard Member
Joseph VaughnBoard Member
Peter BlumenfeldBoard Member
Sandy KnoxSecretary
Erick PetersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$318,892
Program Service Revenue
$6,882,354
Investment Income
$0
Other Revenue
$954,125
All Other Contributions
$65,878
Change in Net Assets
$243,554

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,155,371
Total Revenue per Audited Statements
$8,155,371
Total Revenue per Form 990
$8,155,371
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,932,628
Other Expenses$2,979,189
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,922,420$55,400-$3,977,820
Interest-$888,089-$888,089
Occupancy-$749,903-$749,903
Other Employee Benefits$533,974$8,095-$542,069
Depreciation Depletion$383,137--$383,137
Payroll Taxes$310,154$4,498-$314,652
Other Expenses$340,640$125,623-$125,623
Pension Plan Contributions$98,087--$98,087
Insurance-$31,271-$31,271
Fees for Services Accounting-$7,864-$7,864
Advertising-$578-$578
Total Functional Expenses$5,868,521$2,043,296$0$7,911,817

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,911,817
Total Expenses per Audited Statements$7,911,817
Total Expenses per Form 990$7,911,817
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
Federal income taxes-
Net Pension Liability-
Deferred inflows of resources - pension related-
Net OPEB Liability-

Bond Issues

BondIssuerIssuedIssue PricePurpose
APublic Finance Authority2020-06-30$9,930,000Purchase of facilities

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$9,930,000---

Bond Financing Compliance

No rebate due
No
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 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, Part VI, Section B, Line 11B

The board treasurer reviews 990 and reports to the board of directors prior to filing.

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

Each board member is required to execute a conflict of interest statement and confidentiality agreement annually. Any potential conflict of interest is reviewed and resolved by the board of directors.

Form 990, Part VI, Section B, Line 15A

Compensation for top officials is approved by the board of directors and is based on review of area comparability data and the experience and expertise of the individual.

Form 990, Part VI, Section B, Line 15B

Compensation for key employees is approved by the board of directors and is based on review of area comparability data and the experience and expertise of the individual.

Form 990, Part VI, Section C, Line 19

Governing documents, school policies and financial statements are available for viewing by the public at the Schools office upon request.

Filing and Contact Details

Filer

Filer Name
Pioneer Springs Community School Inc
EIN
45-5464815
Phone
7044940777
Address
PO Box 480537, Charlotte, NC 28269

Signing Officer

Name
Abigail Jennings
Title
Board Chair
Phone
7044940777
Signed
2026-03-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Abigail Jennings
Formed
2012
Legal Domicile
Nc
Voting Board Members
8
Independent Board Members
8
Employees
106

Preparer

Firm
Rebekah Barr CPA PC
Address
2505-B Nash Street NW, Wilson, NC 27896
Preparer
Rebekah T Barr
Phone
2522946920
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherEmployeeBenefitsGrp/TotalAmt0542069
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IRS990/OtherExpensesGrp/Desc2Repairs/Maintenance and Transportation
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt131036
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IRS990ScheduleA/SchoolInd0X
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IRS990ScheduleD/BuildingsGrp/BookValueAmt06346206
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01131865
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IRS990ScheduleD/EquipmentGrp/BookValueAmt0102898
IRS990ScheduleD/EquipmentGrp/DepreciationAmt046694
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0149592
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IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0942270
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0301723
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IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt084618
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Net Pension Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Deferred inflows of resources - pension related
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Net OPEB Liability
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
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IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
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IRS990ScheduleE/MaintainScholarshipsRecsInd0true
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0North Carolina charter schools are funded by the State and Local governments. The School also receives various federal grants
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IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
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IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02020
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt09930000
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The board treasurer reviews 990 and reports to the board of directors prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Each board member is required to execute a conflict of interest statement and confidentiality agreement annually. Any potential conflict of interest is reviewed and resolved by the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compensation for top officials is approved by the board of directors and is based on review of area comparability data and the experience and expertise of the individual.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compensation for key employees is approved by the board of directors and is based on review of area comparability data and the experience and expertise of the individual.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents, school policies and financial statements are available for viewing by the public at the Schools office upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
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IRS990/TotalAssetsGrp/BOYAmt010840895
IRS990/TotalAssetsGrp/EOYAmt010931649
IRS990/TotalCompGreaterThan150KInd0false

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