Civic Intelligence

Envision Science Academy

990 • Fiscal year 2020 • EIN 46-1560554

Jul 01, 2019 to Jun 30, 2020 • Filed on Mar 31, 2021

Organization ProfileWWW.ENVISIONSCIENCEACADEMY.COM
590 Traditions Grande BlvdWake Forest, NC 27587

(919) 435-4002

Siviq Scores

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

Liabilities / Assets

90th percentile

1.01x

Higher debt load relative to assets than 90% of similar nonprofits.

2020 filings • NTEE B • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

84th percentile

1.67x

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

2020 filings • NTEE B • $10M-$25M nonprofits • Source year 2020

Net Margin

67th percentile

8.5%

Higher net margin than 67% of similar nonprofits.

2020 filings • NTEE B • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

38th percentile

$128,825

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2020 filings • NTEE B • $10M-$25M nonprofits • Source year 2020

Asset Growth

38th percentile

2.9%

Faster asset growth than 38% of similar nonprofits.

2020 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

65th percentile

8.9%

Faster revenue growth than 65% of similar nonprofits.

2020 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$11,263,259

Up $318,769 (+2.9%) from 2019

Net Assets

Up

-$116,870

Up $579,695 (+83%) from 2019

Liabilities

Down

$11,380,129

Down $260,926 (-2.2%) from 2019

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin67th percentile

Revenue

Up

$6,815,714

Up $558,276 (+8.9%) from 2019

Expenses

Up

$6,236,019

Up $335,884 (+5.7%) from 2019

Net Income

Up

$579,695

Up $222,392 (+62%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth38th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2013: $1Liabilities 2013: $02013Assets 2015: $78,128Liabilities 2015: $4,814Net Assets 2015: $73,3142015Assets 2016: $11,280,671Liabilities 2016: $11,720,155Net Assets 2016: -$439,4842016Assets 2017: $11,107,775Liabilities 2017: $11,748,345Net Assets 2017: -$640,5702017Assets 2018: $10,759,926Liabilities 2018: $11,813,794Net Assets 2018: -$1,053,8682018Assets 2019: $10,944,490Liabilities 2019: $11,641,055Net Assets 2019: -$696,5652019Assets 2020: $11,263,259Liabilities 2020: $11,380,129Net Assets 2020: -$116,8702020Assets 2021: $11,460,678Liabilities 2021: $11,151,567Net Assets 2021: $309,1112021Assets 2022: $11,596,363Liabilities 2022: $10,923,853Net Assets 2022: $672,5102022Assets 2023: $11,723,313Liabilities 2023: $10,660,330Net Assets 2023: $1,062,9832023Assets 2024: $11,748,644Liabilities 2024: $10,403,460Net Assets 2024: $1,345,1842024

Highlighted filing

2020

Assets$11,263,259
Liabilities$11,380,129
Net Assets-$116,870
Open 2020 Filing

Operations Trend

Revenue Growth65th percentile

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

$10M$5.0M$0-$5.0MRevenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2015: $1,871,925Expenses 2015: $1,798,611Net Income 2015: $73,3142015Revenue 2016: $3,103,452Expenses 2016: $3,616,250Net Income 2016: -$512,7982016Revenue 2017: $4,817,040Expenses 2017: $5,018,126Net Income 2017: -$201,0862017Revenue 2018: $5,550,857Expenses 2018: $5,964,155Net Income 2018: -$413,2982018Revenue 2019: $6,257,438Expenses 2019: $5,900,135Net Income 2019: $357,3032019Revenue 2020: $6,815,714Expenses 2020: $6,236,019Net Income 2020: $579,6952020Revenue 2021: $7,096,370Expenses 2021: $6,670,389Net Income 2021: $425,9812021Revenue 2022: $7,472,662Expenses 2022: $7,109,263Net Income 2022: $363,3992022Revenue 2023: $7,611,078Expenses 2023: $7,220,605Net Income 2023: $390,4732023Revenue 2024: $8,432,008Expenses 2024: $8,149,807Net Income 2024: $282,2012024

Highlighted filing

2020

Revenue$6,815,714
Expenses$6,236,019
Net Income$579,695
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Mar 31, 2021
Return Version
2019v5.0
Gross Receipts
$6,815,714
Mission and Program Overview

Mission

Operation of a public charter school

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,594,189$8,795,120▲ $200,931
Savings and Temporary Cash Investments$1,627,062$1,937,117▲ $310,055
Cash and Non-Interest-Bearing Accounts$702,943$356,924▼ $346,019
Accounts Receivable$20,296$159,170▲ $138,874
Prepaid Expenses and Deferred Charges-$14,928-
Total Assets$10,944,490$11,263,259▲ $318,769
Liabilities
Tax Exempt Bond Liabilities$11,195,423$11,143,027▼ $52,396
Mortgage Notes Payable Secured by Investment Property$160,000--
Other Liabilities$144,577$141,973▼ $2,604
Accounts Payable and Accrued Expenses$141,055$95,129▼ $45,926
Total Liabilities$11,641,055$11,380,129▼ $260,926
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,115,051$896,434▼ $218,617
Net Assets Without Donor Restrictions$-1,811,616$-1,013,304▲ $798,312
Total Net Assets Fund Balance$-696,565$-116,870▲ $579,695
Total Liabilities and Net Assets / Fund Balance$10,944,490$11,263,259▲ $318,769

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,003,087$927,839$8,930,926
Land$637,472-$637,472
Equipment$154,561$58,995$213,556
Compensation and Service Providers
Top Officer Pay38th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Charles FullerExecutive DiFT$128,825$128,825

Board Members and Trustees

NameTitle
Ryan CottermanPresident
Arunee Monica CutnoDirector
Diego TorresDirector
Holly MillerDirector
Shon MalloryDirector
Portia ScottSecretary
Yuliya MorrisTreasurer
Roland Lewis JrVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$150,003
Program Service Revenue
$6,493,152
Investment Income
$8,740
Other Revenue
$163,819
All Other Contributions
$4,881
Change in Net Assets
$579,695

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,815,714
Total Revenue per Audited Statements
$6,815,714
Total Revenue per Form 990
$6,815,714
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,556,637
Other Expenses$1,679,382
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,151,799$511,973-$3,663,772
Interest$434,079$144,693-$578,772
Other Employee Benefits$333,902$45,998-$379,900
Depreciation Depletion$230,753$76,918-$307,671
Payroll Taxes$238,860$48,097-$286,957
Fees for Services Other$139,164$40,660-$179,824
Occupancy-$156,639-$156,639
Current Officers, Directors, Trustees, and Key Employees-$127,674-$127,674
Pension Plan Contributions$86,436$11,898-$98,334
Office Expenses$735$29,129-$29,864
All Other Expenses$10,844$18,262-$29,106
Information Technology$19,175$4,995-$24,170
Conferences and Meetings$23,135--$23,135
Insurance-$18,665-$18,665
Other Expenses$17,131$13,354-$13,354
Fees for Services Legal-$9,443-$9,443
Fees for Services Accounting-$8,460-$8,460
Travel-$2,267-$2,267
Total Functional Expenses$4,966,894$1,269,125$0$6,236,019

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,236,019
Total Expenses per Audited Statements$6,236,019
Total Expenses per Form 990$6,236,019
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
Bond Premium$141,973

Bond Issues

BondIssuerIssuedIssue PricePurpose
APublic Finance Auth - Series 2016a2016-05-17$11,242,910See part vi land acquisition & construction

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$11,284,149$224,000$99,914$224,857

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
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, Page 6, Part VI, Line 2

“Roland lewis, jr arunee cutno vice presdt director husband and wife”

Form 990, Page 6, Part VI, Line 11B

“990 is reviewed at board meeting during the financial committee report.”

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

“Board members are required to complete conflict of interest forms. Organization confirms whether such interests exist prior to undertaking relationship. If conflict failed to be disclosed the board reserves the right to review, revise, and terminate the agreement.”

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

“Top management official's compensation is based on state and county salary scales and experience.”

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

“Other officer and key employee compensation is based on state and county salary scales and experience.”

Form 990, Page 6, Part VI, Line 19

“Governing documents and all policies are posted on the organization's website. Financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Envision Science Academy Inc
EIN
46-1560554
Phone
9194354002
Address
590 TRADITIONS GRANDE BLVD, WAKE FOREST, NC 27587

Signing Officer

Name
Ryan Cotterman
Title
President
Phone
9194354002
Signed
2021-03-31

Organization Details

Principal Officer
Ryan Cotterman
Formed
2012
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
117
Volunteers
208

Preparer

Firm
Petway Mills & Pearson Pa
Address
PO BOX 1036, ZEBULON, NC 27597-1036
Preparer
James a Ridoutt
Phone
9192697405
Raw XML AppendixShowing 400 of 489 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/BOYAmt0141055
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt095129
IRS990/AccountsReceivableGrp/BOYAmt020296
IRS990/AccountsReceivableGrp/EOYAmt0159170
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0OPERATION OF A PUBLIC CHARTER SCHOOL
IRS990/AllOtherContributionsAmt04881
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt018262
IRS990/AllOtherExpensesGrp/ProgramServicesAmt010844
IRS990/AllOtherExpensesGrp/TotalAmt029106
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum09194354002
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0590 TRADITIONS GRANDE BLVD
IRS990/BooksInCareOfDetail/USAddress/CityNm0WAKE FOREST
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027587
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0702943
IRS990/CashNonInterestBearingGrp/EOYAmt0356924
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0127674
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0127674
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt023135
IRS990/ConferencesMeetingsGrp/TotalAmt023135
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0150003
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt08740
IRS990/CYOtherExpensesAmt01679382
IRS990/CYOtherRevenueAmt0163819
IRS990/CYProgramServiceRevenueAmt06493152
IRS990/CYRevenuesLessExpensesAmt0579695
IRS990/CYSalariesCompEmpBnftPaidAmt04556637
IRS990/CYTotalExpensesAmt06236019
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt06815714
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt076918
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0230753
IRS990/DepreciationDepletionGrp/TotalAmt0307671
IRS990/Desc0PROVIDED EDUCATION TO APPROXIMATELY 714 STUDENTS IN WAKE FOREST, NC FOR THE FISCAL YEAR ENDED JUNE 30, 2020.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0true
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01115051
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0896434
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0117
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt04966894
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08460
IRS990/FeesForServicesAccountingGrp/TotalAmt08460
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt09443
IRS990/FeesForServicesLegalGrp/TotalAmt09443
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt040660
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0139164
IRS990/FeesForServicesOtherGrp/TotalAmt0179824
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0RYAN COTTERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1ROLAND LEWIS JR
IRS990/Form990PartVIISectionAGrp/PersonNm2PORTIA SCOTT
IRS990/Form990PartVIISectionAGrp/PersonNm3YULIYA MORRIS
IRS990/Form990PartVIISectionAGrp/PersonNm4ARUNEE MONICA CUTNO
IRS990/Form990PartVIISectionAGrp/PersonNm5SHON MALLORY
IRS990/Form990PartVIISectionAGrp/PersonNm6HOLLY MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm7DIEGO TORRES
IRS990/Form990PartVIISectionAGrp/PersonNm8CHARLES FULLER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8128825
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt0145122
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt06815714
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt04995
IRS990/InformationTechnologyGrp/ProgramServicesAmt019175
IRS990/InformationTechnologyGrp/TotalAmt024170
IRS990/InsuranceGrp/ManagementAndGeneralAmt018665
IRS990/InsuranceGrp/TotalAmt018665
IRS990/InterestGrp/ManagementAndGeneralAmt0144693
IRS990/InterestGrp/ProgramServicesAmt0434079
IRS990/InterestGrp/TotalAmt0578772
IRS990/InvestmentIncomeGrp/ExclusionAmt08740
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt08740
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0986834
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08594189
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08795120
IRS990/LandBldgEquipCostOrOtherBssAmt09781954
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0OPERATION OF A PUBLIC CHARTER SCHOOL
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0160000
IRS990/NetAssetsOrFundBalancesBOYAmt0-696565
IRS990/NetAssetsOrFundBalancesEOYAmt0-116870
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1811616
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1013304
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0156639
IRS990/OccupancyGrp/TotalAmt0156639
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt029129
IRS990/OfficeExpensesGrp/ProgramServicesAmt0735
IRS990/OfficeExpensesGrp/TotalAmt029864
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt045998
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0333902
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0379900
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1NON CAPITALIZED EQUIPMENT
IRS990/OtherExpensesGrp/Desc2INCENTIVE AWARDS
IRS990/OtherExpensesGrp/Desc3SALES & USE TAX
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt013354
IRS990/OtherExpensesGrp/ProgramServicesAmt0164887
IRS990/OtherExpensesGrp/ProgramServicesAmt1115994
IRS990/OtherExpensesGrp/ProgramServicesAmt217131
IRS990/OtherExpensesGrp/TotalAmt0164887
IRS990/OtherExpensesGrp/TotalAmt1115994
IRS990/OtherExpensesGrp/TotalAmt217131
IRS990/OtherExpensesGrp/TotalAmt313354
IRS990/OtherLiabilitiesGrp/BOYAmt0144577
IRS990/OtherLiabilitiesGrp/EOYAmt0141973
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/Desc1SALES TAX REFUNDS
IRS990/OtherRevenueMiscGrp/ExclusionAmt0143580
IRS990/OtherRevenueMiscGrp/ExclusionAmt120239
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0143580
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt120239
IRS990/OtherRevenueTotalAmt0163819
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0511973
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03151799
IRS990/OtherSalariesAndWagesGrp/TotalAmt03663772
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt048097
IRS990/PayrollTaxesGrp/ProgramServicesAmt0238860
IRS990/PayrollTaxesGrp/TotalAmt0286957
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt011898
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt086436
IRS990/PensionPlanContributionsGrp/TotalAmt098334
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014928
IRS990/PrincipalOfficerNm0RYAN COTTERMAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0STATE OF NC
IRS990/ProgramServiceRevenueGrp/Desc1TOTAL COUNTY FUNDS
IRS990/ProgramServiceRevenueGrp/Desc2RENTAL OF SCHOOL PROP
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04473790
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12017612
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04473790
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12017612
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21750
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0147593
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt04857
IRS990/PYOtherExpensesAmt01726410
IRS990/PYOtherRevenueAmt041705
IRS990/PYProgramServiceRevenueAmt06063283
IRS990/PYRevenuesLessExpensesAmt0357303
IRS990/PYSalariesCompEmpBnftPaidAmt04173725
IRS990/PYTotalExpensesAmt05900135
IRS990/PYTotalRevenueAmt06257438
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0579695
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt06493152
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01627062
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01937117
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/BuildingsGrp/BookValueAmt08003087
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0927839
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08930926
IRS990ScheduleD/EquipmentGrp/BookValueAmt0154561
IRS990ScheduleD/EquipmentGrp/DepreciationAmt058995
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0213556
IRS990ScheduleD/ExpensesSubtotalAmt06236019
IRS990ScheduleD/LandGrp/BookValueAmt0637472
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0637472
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0141973
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BOND PREMIUM
IRS990ScheduleD/RevenueSubtotalAmt06815714
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08795120
IRS990ScheduleD/TotalExpensesPerForm990Amt06236019
IRS990ScheduleD/TotalLiabilityAmt0141973
IRS990ScheduleD/TotalRevenuePerForm990Amt06815714
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06815714
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06236019
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/ExplanationTxt0ENVISION SCIENCE ACADEMY OPERATES AS A PUBLIC CHARTER SCHOOL AND IS FUNDED BY THE STATE OF NORTH CAROLINA AND LOCAL GOVERNMENT. NORTH CAROLINA REQUIRES A POLICY ON NONDISCRIMINATION AND THE SCHOOL'S NONDISCRIMINATION POLICY IS DISCLOSED IN ALL SOLICITATIONS FOR STUDENTS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1NORTH CAROLINA PUBLIC CHARTER SCHOOL, FUNDED BY STATE AND LOCAL GOVERNMENT ALSO RECEIVES VARIOUS FEDERAL AND STATE GRANTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0PUBLIC FINANCE AUTH - SERIES 2016A SEE PART VI LAND ACQUISITION & CONSTRUCTION
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0true
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02016-05-17
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0273866124
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0744396BN1
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt011242910
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0PUBLIC FINANCE AUTH - SERIES 2016A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0SEE PART VI LAND ACQUISITION & CONSTRUCTION
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt09189931
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalizedInterestAmt0842177
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0801301
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0224857
IRS990ScheduleK/TaxExemptBondsProceedsGrp/OtherSpentProceedsAmt0224000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt099914
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02017
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt011284149
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ROLAND LEWIS, JR ARUNEE CUTNO VICE PRESDT DIRECTOR HUSBAND AND WIFE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1990 IS REVIEWED AT BOARD MEETING DURING THE FINANCIAL COMMITTEE REPORT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE REQUIRED TO COMPLETE CONFLICT OF INTEREST FORMS. ORGANIZATION CONFIRMS WHETHER SUCH INTERESTS EXIST PRIOR TO UNDERTAKING RELATIONSHIP. IF CONFLICT FAILED TO BE DISCLOSED THE BOARD RESERVES THE RIGHT TO REVIEW, REVISE, AND TERMINATE THE AGREEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TOP MANAGEMENT OFFICIAL'S COMPENSATION IS BASED ON STATE AND COUNTY SALARY SCALES AND EXPERIENCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OTHER OFFICER AND KEY EMPLOYEE COMPENSATION IS BASED ON STATE AND COUNTY SALARY SCALES AND EXPERIENCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS AND ALL POLICIES ARE POSTED ON THE ORGANIZATION'S WEBSITE. FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingNACd0N/A

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,263,259
Liabilities
$11,380,129
Net assets
-$116,870
Revenue
$6,815,714
Expenses
$6,236,019
Net income
$579,695
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.7$10.4$1.35$8.43$8.15$0.28
2023Detailed filing. Detailed filing data is available for this year.$11.7$10.7$1.06$7.61$7.22$0.39
2022Detailed filing. Detailed filing data is available for this year.$11.6$10.9$0.67$7.47$7.11$0.36
2021Detailed filing. Detailed filing data is available for this year.$11.5$11.2$0.31$7.10$6.67$0.43
2020Detailed filing. Detailed filing data is available for this year.$11.3$11.4$0.12$6.82$6.24$0.58
2019Detailed filing. Detailed filing data is available for this year.$10.9$11.6$0.70$6.26$5.90$0.36
2018Detailed filing. Detailed filing data is available for this year.$10.8$11.8$1.05$5.55$5.96$0.41
2017Detailed filing. Detailed filing data is available for this year.$11.1$11.7$0.64$4.82$5.02$0.20
2016Summary only. Only limited summary data is available for this year.$11.3$11.7$0.44$3.10$3.62$0.51
2015Summary only. Only limited summary data is available for this year.$0.08$0.00$0.07$1.87$1.80$0.07
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00