Civic Intelligence

Riverwalk Academy Inc.

990 • Fiscal year 2021 • EIN 46-2624840

Jul 01, 2020 to Jun 30, 2021 • Filed on May 10, 2022

Organization ProfileWWW.RIVERWALKACADEMY.COM
PO Box 2592Rock Hill, SC 29732

(803) 873-9295

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.96x

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

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

89th percentile

2.05x

Higher debt load relative to revenue than 89% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

81st percentile

40%

Higher net margin than 81% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

29th percentile

$117,688

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

88th percentile

42%

Faster asset growth than 88% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

61st percentile

20%

Faster revenue growth than 61% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$14,159,679

Up $4,171,598 (+42%) from 2020

Net Assets

Up

$495,898

Up $2,671,761 (+123%) from 2020

Liabilities

Up

$13,663,781

Up $1,499,837 (+12%) from 2020

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin81st percentile

Revenue

Up

$6,663,781

Up $1,122,641 (+20%) from 2020

Expenses

Down

$3,992,020

Down $1,833,006 (-31%) from 2020

Net Income

Up

$2,671,761

Up $2,955,647 (+1041%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth88th percentile

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

$30M$20M$10M$0-$10MAssets 2014: $473Liabilities 2014: $02014Assets 2015: $227,112Liabilities 2015: $72,050Net Assets 2015: $155,0622015Assets 2016: $628,064Liabilities 2016: $62,201Net Assets 2016: $565,8632016Assets 2017: $11,260,353Liabilities 2017: $10,761,944Net Assets 2017: $498,4092017Assets 2018: $10,271,064Liabilities 2018: $11,394,208Net Assets 2018: -$1,123,1442018Assets 2019: $9,693,174Liabilities 2019: $11,585,151Net Assets 2019: -$1,891,9772019Assets 2020: $9,988,081Liabilities 2020: $12,163,944Net Assets 2020: -$2,175,8632020Assets 2021: $14,159,679Liabilities 2021: $13,663,781Net Assets 2021: $495,8982021Assets 2022: $14,403,367Liabilities 2022: $13,561,497Net Assets 2022: $841,8702022Assets 2023: $14,764,179Liabilities 2023: $13,538,486Net Assets 2023: $1,225,6932023Assets 2024: $28,502,005Liabilities 2024: $28,199,585Net Assets 2024: $302,4202024

Highlighted filing

2021

Assets$14,159,679
Liabilities$13,663,781
Net Assets$495,898
Open 2021 Filing

Operations Trend

Revenue Growth61st percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2014: $65,309Expenses 2014: $64,836Net Income 2014: $4732014Revenue 2015: $1,870,729Expenses 2015: $1,634,058Net Income 2015: $236,6712015Revenue 2016: $2,545,482Expenses 2016: $2,134,681Net Income 2016: $410,8012016Revenue 2017: $4,536,072Expenses 2017: $4,603,526Net Income 2017: -$67,4542017Revenue 2018: $4,114,576Expenses 2018: $5,372,508Net Income 2018: -$1,257,9322018Revenue 2019: $4,686,836Expenses 2019: $5,455,670Net Income 2019: -$768,8342019Revenue 2020: $5,541,140Expenses 2020: $5,825,026Net Income 2020: -$283,8862020Revenue 2021: $6,663,781Expenses 2021: $3,992,020Net Income 2021: $2,671,7612021Revenue 2022: $6,925,917Expenses 2022: $6,579,945Net Income 2022: $345,9722022Revenue 2023: $8,059,132Expenses 2023: $7,675,309Net Income 2023: $383,8232023Revenue 2024: $9,705,711Expenses 2024: $10,628,984Net Income 2024: -$923,2732024

Highlighted filing

2021

Revenue$6,663,781
Expenses$3,992,020
Net Income$2,671,761
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 10, 2022
Return Version
2020v4.2
Gross Receipts
$6,663,781
Mission and Program Overview

Mission

At riverwalk academy, our project based learning approach promotes an environment where students are seen as individuals, taught the power of positive relationships, and equipped to take ownership of their choices.

The mission of riverwalk academy is to lead students to achieve, through a project based learning model.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,674,989$11,569,842▲ $2,894,853
Cash and Non-Interest-Bearing Accounts$1,124,420$2,431,172▲ $1,306,752
Prepaid Expenses and Deferred Charges$86,083$19,832▼ $66,251
Accounts Receivable$1,567--
Total Assets$9,988,081$14,159,679▲ $4,171,598
Other Assets Total$101,022$138,833▲ $37,811
Liabilities
Tax Exempt Bond Liabilities-$12,685,000-
Mortgage Notes Payable Secured by Investment Property$11,364,970$595,938▼ $10,769,032
Unsecured Notes Loans Payable$513,072--
Accounts Payable and Accrued Expenses$222,751$368,747▲ $145,996
Deferred Revenue$10,265$8,893▼ $1,372
Other Liabilities$52,886$5,203▼ $47,683
Total Liabilities$12,163,944$13,663,781▲ $1,499,837
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$514,118$1,301,377▲ $787,259
Net Assets With Donor Restrictions$-2,689,981$-805,479▲ $1,884,502
Total Net Assets Fund Balance$-2,175,863$495,898▲ $2,671,761
Total Liabilities and Net Assets / Fund Balance$9,988,081$14,159,679▲ $4,171,598

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,345,821$91,179$9,437,000
Land$2,063,000-$2,063,000
Other Land Buildings$0$392,987$392,987
Leasehold Improvements$109,088$172,571$281,659
Equipment$51,933$224,818$276,751
Compensation and Service Providers
Top Officer Pay29th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert ComptonHead of SchoolFT$106,772$10,916$117,688

Board Members and Trustees

NameTitle
Ben IgnatowiczBoard Chair
Don StuckeyBoard Vice Chair
Amy BrinkleyBoard Member
Charles BeardsleeBoard Member
Janet NorthBoard Member
Kerri McguireBoard Member
Mike RiddleBoard Member
Patricia ArterBoard Member
Mariann CarterBoard Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,628,777
Program Service Revenue
$29,630
Investment Income
$109
Other Revenue
$5,265
All Other Contributions
$3,385
Change in Net Assets
$2,671,761

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,663,781
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$6,663,781
Total Revenue per Form 990
$6,663,781
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,300,851
Other Expenses$1,691,169
Total Fundraising Expense$130
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,467,525$72,832-$1,540,357
Other Employee Benefits$476,626$11,012-$487,638
Occupancy$208,175$52,045-$260,220
All Other Expenses$61,028$185,275$130$246,433
Interest$194,668$48,667-$243,335
Payroll Taxes$225,228$5,857-$231,085
Other Expenses$138,001$179,222-$138,001
Fees for Services Legal-$55,468-$55,468
Depreciation Depletion$39,212$9,803-$49,015
Pension Plan Contributions$39,919$1,852-$41,771
Insurance$25,874$3,673-$29,547
Advertising-$6,380-$6,380
Total Functional Expenses$3,352,474$639,416$130$3,992,020

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,992,020
Total Expenses per Audited Statements$3,992,020
Total Expenses per Form 990$3,992,020
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
Fundraising Gross Income$5,265
Fundraising Direct Expenses$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Board TreasurerCarter Coaching & Consulting, LLCNo$2,179
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Other Governmental Units$5,203

Bond Issues

BondIssuerIssuedIssue PricePurpose
ASouth Carolina Jobs-economic Development Authority Series 2021a2020-02-26$12,885,000CAPTIAL PROJECTS

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$12,685,000--$250,275

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
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
Yes
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 of directors is presented a copy of the return for approval prior to filing, once approved the board authorizes the chairman to sign the return and file.”

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

“A conflict of interest questionnaire is distributed as part of the annual audit. In the event of a potential conflict that person will recuse himself/herself from all discussions and/or vote on the matter in question.”

Form 990, Part VI, Section B, Line 15

“Salary and benefits are determined based upon local market comparison for like schools and educational non profits. Total compensation packages are approved by the full board. Also, the school district reviews and audits the oraganization's budget, including the reasonableness of salaries. Salary discussions are made in executive session and results are documented in board minutes.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy, and financial statements are available upon written request.”

Filing and Contact Details

Filer

Filer Name
Riverwalk Academy
EIN
46-2624840
Phone
8038739295
Address
PO BOX 2592, ROCK HILL, SC 29732

Signing Officer

Name
Mike Riddle
Title
Chairman
Phone
8038739295
Signed
2022-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Riddle
Formed
2013
Legal Domicile
Sc
Voting Board Members
9
Independent Board Members
9
Employees
70
Volunteers
9

Preparer

Firm
Elliott Davis Llcpllc
Address
1901 MAIN STREET SUITE 900, COLUMBIA, SC 29201
Preparer
Denise P Hill
Phone
8032560002
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“District retained 2% admin fee: program service expenses 0. Management and general expenses 109,702. Fundraising expenses 0. Total expenses 109,702. Fiscal services: program service expenses 0. Management and general expenses 64,473. Fundraising expenses 0. Total expenses 64,473. Pupil activities: program service expenses 49,157. Management and general expenses 0. Fundraising expenses 0. Total expenses 49,157. Board expense: program service expenses 0. Management and general expenses 11,100. Fundraising expenses 0. Total expenses 11,100. Staff development and training: program service expenses 10,251. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,251. Food program: program service expenses 1,620. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,620. Fundraising: program service expenses 0. Management and general expenses 0. Fundraising expenses 130. Total expenses 130.”

FORM 990, PAGE 12, PART XII, LINE 2C:

“The board of directors oversee the audit process.”

Financial Statement Notes

Schedule D, Page 4, Part XI and XII

“The audited financial statements (afs) are prepared based on a governmental fund accounting basis (i.e. Regulatory accounting principles). As a result, certain items of expense on the afs are not included as an expense on form 990 such as principal debt payments and capital outlays for fixed assets, etc. The adjustments provided in part xi and part xii have been made to present the statement of revenue and statement of functional expense on form 990 in a manner consistent with the accrual basis of accounting under generally accepted accounting principles (gaap).”

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IRS990/MissionDesc0THE MISSION OF RIVERWALK ACADEMY IS TO LEAD STUDENTS TO ACHIEVE, THROUGH AUTHENTIC PROJECT-BASED LEARNING EXPERIENCES, THE KNOWLEDGE AND INQUIRY SKILLS THEY NEED TO SUCCEED IN LIFE, COLLEGE, AND THEIR FUTURE CAREERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt011364970
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0595938
IRS990/NetAssetsOrFundBalancesBOYAmt0-2175863
IRS990/NetAssetsOrFundBalancesEOYAmt0495898
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt05265
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt05265
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0514118
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01301377
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt052045
IRS990/OccupancyGrp/ProgramServicesAmt0208175
IRS990/OccupancyGrp/TotalAmt0260220
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0101022
IRS990/OtherAssetsTotalGrp/EOYAmt0138833
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt011012
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0476626
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0487638
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1PURCHASED SERVICES
IRS990/OtherExpensesGrp/Desc2ADMINISTRATIVE RENTALS
IRS990/OtherExpensesGrp/Desc3INSTRUCTIONAL SERVICES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07330
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1179222
IRS990/OtherExpensesGrp/ProgramServicesAmt0279267
IRS990/OtherExpensesGrp/ProgramServicesAmt1196951
IRS990/OtherExpensesGrp/ProgramServicesAmt2138001
IRS990/OtherExpensesGrp/TotalAmt0286597
IRS990/OtherExpensesGrp/TotalAmt1196951
IRS990/OtherExpensesGrp/TotalAmt2179222
IRS990/OtherExpensesGrp/TotalAmt3138001
IRS990/OtherLiabilitiesGrp/BOYAmt052886
IRS990/OtherLiabilitiesGrp/EOYAmt05203
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt072832
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01467525
IRS990/OtherSalariesAndWagesGrp/TotalAmt01540357
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05857
IRS990/PayrollTaxesGrp/ProgramServicesAmt0225228
IRS990/PayrollTaxesGrp/TotalAmt0231085
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01852
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt039919
IRS990/PensionPlanContributionsGrp/TotalAmt041771
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt086083
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt019832
IRS990/PrincipalOfficerNm0MIKE RIDDLE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0PUPIL ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt025915
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13715
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt025915
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13715
IRS990/ProgSrvcAccomActy2Grp/Desc0RIVERWALK ACADEMY INSTRUCTS THROUGH A PROJECT BASED LEARNING MODEL, WHERE THE STUDENT'S INQUIRY DRIVES THEIR INSTRUCTION. STUDENTS ARE TAUGHT IN A VARIETY OF SETTINGS RANGING FROM SMALL GROUP INSTRUCTION TO WHOLE GRADE-LEVEL GROUP INSTRUCTION. OUR STUDENTS WORK ON PROJECTS THAT NOT ONLY HAVE A POSITIVE IMPACT THE CLASSROOM, BUT HAVE A SCHOOL-WIDE AND COMMUNITY IMPACT.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01676237
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05430631
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0101
IRS990/PYOtherExpensesAmt02881949
IRS990/PYOtherRevenueAmt05344
IRS990/PYProgramServiceRevenueAmt0105064
IRS990/PYRevenuesLessExpensesAmt0-283886
IRS990/PYSalariesCompEmpBnftPaidAmt02943077
IRS990/PYTotalExpensesAmt05825026
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05541140
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt02671761
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt029630
IRS990ScheduleA/SchoolInd0X
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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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt09345821
IRS990ScheduleD/BuildingsGrp/DepreciationAmt091179
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09437000
IRS990ScheduleD/EquipmentGrp/BookValueAmt051933
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0224818
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0276751
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03992020
IRS990ScheduleD/LandGrp/BookValueAmt02063000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02063000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0109088
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0172571
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0281659
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0392987
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0392987
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05203
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO OTHER GOVERNMENTAL UNITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt06663781
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE AUDITED FINANCIAL STATEMENTS (AFS) ARE PREPARED BASED ON A GOVERNMENTAL FUND ACCOUNTING BASIS (I.E. REGULATORY ACCOUNTING PRINCIPLES). AS A RESULT, CERTAIN ITEMS OF EXPENSE ON THE AFS ARE NOT INCLUDED AS AN EXPENSE ON FORM 990 SUCH AS PRINCIPAL DEBT PAYMENTS AND CAPITAL OUTLAYS FOR FIXED ASSETS, ETC. THE ADJUSTMENTS PROVIDED IN PART XI AND PART XII HAVE BEEN MADE TO PRESENT THE STATEMENT OF REVENUE AND STATEMENT OF FUNCTIONAL EXPENSE ON FORM 990 IN A MANNER CONSISTENT WITH THE ACCRUAL BASIS OF ACCOUNTING UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP).
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI AND XII
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011569842
IRS990ScheduleD/TotalExpensesPerForm990Amt03992020
IRS990ScheduleD/TotalLiabilityAmt05203
IRS990ScheduleD/TotalRevenuePerForm990Amt06663781
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06663781
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03992020
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/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL PUBLISHES ITS NONDISCRIMINATORY STATEMENT ON ITS WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS A PUBLIC CHARTER SCHOOL. THEREFORE, IT DOES NOT OFFER SCHOLARSHIPS OR FINANCIAL AID.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL RECEIVES VARIOUS GOVERNMENT GRANTS FROM BOTH FEDERAL AND STATE SOURCES.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02020-02-26
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0570960018
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum083704MBL9
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt012885000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY SERIES 2021A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0CAPTIAL PROJECTS
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0788941
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0250275
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt012685000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0MARIANN CARTER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOARD TREASURER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,159,679
Liabilities
$13,663,781
Net assets
$495,898
Revenue
$6,663,781
Expenses
$3,992,020
Net income
$2,671,761
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$28.5$28.2$0.30$9.71$10.6$0.92
2023Detailed filing. Detailed filing data is available for this year.$14.8$13.5$1.23$8.06$7.68$0.38
2022Detailed filing. Detailed filing data is available for this year.$14.4$13.6$0.84$6.93$6.58$0.35
2021Detailed filing. Detailed filing data is available for this year.$14.2$13.7$0.50$6.66$3.99$2.67
2020Detailed filing. Detailed filing data is available for this year.$9.99$12.2$2.18$5.54$5.83$0.28
2019Detailed filing. Detailed filing data is available for this year.$9.69$11.6$1.89$4.69$5.46$0.77
2018Detailed filing. Detailed filing data is available for this year.$10.3$11.4$1.12$4.11$5.37$1.26
2017Detailed filing. Detailed filing data is available for this year.$11.3$10.8$0.50$4.54$4.60$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.63$0.06$0.57$2.55$2.13$0.41
2015Detailed filing. Detailed filing data is available for this year.$0.23$0.07$0.16$1.87$1.63$0.24
2014Summary only. Only limited summary data is available for this year.$0.00$0.00$0.07$0.06$0.00