Civic Intelligence

Shining Rock Classical Academy a Challenge Foundation Academy Inc

990 • Fiscal year 2022 • EIN 46-3524987

Jul 01, 2021 to Jun 30, 2022 • Filed on May 08, 2023

Organization ProfileWWW.SRCA.TEAMCFA.SCHOOL
2150 Russ AveWaynesville, NC 28786

(828) 476-5150

Siviq Scores

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

Liabilities / Assets

66th percentile

0.46x

Higher debt load relative to assets than 66% of similar nonprofits.

2022 filings • NTEE B • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.27x

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

2022 filings • NTEE B • $5M-$10M nonprofits • Source year 2022

Net Margin

38th percentile

2.4%

Higher net margin than 38% of similar nonprofits.

2022 filings • NTEE B • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

24th percentile

$0

Higher top officer pay than 24% of similar nonprofits.

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

2022 filings • NTEE B • $5M-$10M nonprofits • Source year 2022

Asset Growth

23rd percentile

-6.1%

Faster asset growth than 23% of similar nonprofits.

2022 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

87th percentile

57%

Faster revenue growth than 87% of similar nonprofits.

2022 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets66th percentile

Assets

Down

$3,471,697

Down $224,056 (-6.1%) from 2021

Net Assets

Down

$1,887,450

Down $174,656 (-8.5%) from 2021

Liabilities

Down

$1,584,247

Down $49,400 (-3.0%) from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin38th percentile

Revenue

Up

$5,812,423

Up $2,115,784 (+57%) from 2021

Expenses

Up

$5,675,376

Up $2,642,940 (+87%) from 2021

Net Income

Down

$137,047

Down $527,156 (-79%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

$6.0M$4.0M$2.0M$0Assets 2016: $408,224Liabilities 2016: $27,755Net Assets 2016: $380,4692016Assets 2017: $3,279,100Liabilities 2017: $2,419,949Net Assets 2017: $859,1512017Assets 2018: $3,381,062Liabilities 2018: $2,199,577Net Assets 2018: $1,181,4852018Assets 2019: $3,294,559Liabilities 2019: $2,118,164Net Assets 2019: $1,176,3952019Assets 2020: $3,251,101Liabilities 2020: $1,853,198Net Assets 2020: $1,397,9032020Assets 2021: $3,695,753Liabilities 2021: $1,633,647Net Assets 2021: $2,062,1062021Assets 2022: $3,471,697Liabilities 2022: $1,584,247Net Assets 2022: $1,887,4502022Assets 2023: $4,190,907Liabilities 2023: $284,641Net Assets 2023: $3,906,2662023Assets 2024: $3,579,232Liabilities 2024: $266,453Net Assets 2024: $3,312,7792024

Highlighted filing

2022

Assets$3,471,697
Liabilities$1,584,247
Net Assets$1,887,450
Open 2022 Filing

Operations Trend

Revenue Growth87th percentile

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

$10M$5.0M$0-$5.0MRevenue 2016: $1,974,619Expenses 2016: $1,665,056Net Income 2016: $309,5632016Revenue 2017: $2,981,621Expenses 2017: $2,502,939Net Income 2017: $478,6822017Revenue 2018: $3,447,185Expenses 2018: $3,124,851Net Income 2018: $322,3342018Revenue 2019: $3,596,082Expenses 2019: $3,603,821Net Income 2019: -$7,7392019Revenue 2020: $2,926,230Expenses 2020: $2,704,722Net Income 2020: $221,5082020Revenue 2021: $3,696,639Expenses 2021: $3,032,436Net Income 2021: $664,2032021Revenue 2022: $5,812,423Expenses 2022: $5,675,376Net Income 2022: $137,0472022Revenue 2023: $7,679,259Expenses 2023: $5,660,443Net Income 2023: $2,018,8162023Revenue 2024: $7,139,676Expenses 2024: $7,733,163Net Income 2024: -$593,4872024

Highlighted filing

2022

Revenue$5,812,423
Expenses$5,675,376
Net Income$137,047
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 8, 2023
Return Version
2021v4.0
Gross Receipts
$5,812,423
Mission and Program Overview

Mission

Operation of a charter

Operation of a charter school for education of children in the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,082,197$1,988,308▼ $93,889
Cash and Non-Interest-Bearing Accounts$1,033,557$1,100,229▲ $66,672
Accounts Receivable$475,321$124,356▼ $350,965
Prepaid Expenses and Deferred Charges$104,678$6,036▼ $98,642
Total Assets$3,695,753$3,471,697▼ $224,056
Other Assets Total-$252,768-
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,501,256$1,465,794▼ $35,462
Deferred Revenue$100,000$100,000→ $0
Accounts Payable and Accrued Expenses$32,391$18,453▼ $13,938
Total Liabilities$1,633,647$1,584,247▼ $49,400
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,481,165$1,140,062▼ $341,103
Net Assets With Donor Restrictions$580,941$747,388▲ $166,447
Total Net Assets Fund Balance$2,062,106$1,887,450▼ $174,656
Total Liabilities and Net Assets / Fund Balance$3,695,753$3,471,697▼ $224,056

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,832,850$931,066$2,763,916
Equipment$155,458-$155,458
Other Assets Org$29,600--
Compensation and Service Providers
Top Officer Pay24th percentile

Board Members and Trustees

NameTitle
Melanie NormanChair
Frank LayMember
Lori CastnerMember
Natalie MalisMember
Kelley LewisTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Waynesville LLCRent855 W BROAD ST SUITE 300, Boise, ID 83702$102,188
Revenue and Support

Revenue Composition

Contributions and Grants
$5,550,836
Program Service Revenue
$104,249
Investment Income
$2,439
Other Revenue
$154,899
All Other Contributions
$6,262
Change in Net Assets
$137,047

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,812,423
Total Revenue per Audited Statements
$5,812,423
Total Revenue per Form 990
$5,812,423
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,999,474
Other Expenses$2,675,902
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,631,012$803,334-$2,434,346
Occupancy$555,909$273,806-$829,715
Fees for Services Other$231,632$114,087-$345,719
Other Employee Benefits$224,206$110,430-$334,636
Depreciation Depletion-$178,014-$178,014
Payroll Taxes$118,530$58,380-$176,910
Office Expenses$109,389$53,878-$163,267
Information Technology$87,968$43,327-$131,295
Interest$66,411$32,710-$99,121
Insurance$48,455$23,866-$72,321
Travel$40,730$20,061-$60,791
Other Expenses$37,139$18,292-$55,431
Pension Plan Contributions$38,043$15,539-$53,582
Conferences and Meetings$18,670$9,195-$27,865
All Other Expenses$14,422$7,104-$21,526
Fees for Services Legal$9,882$4,868-$14,750
Fees for Services Accounting$5,561$2,739-$8,300
Total Functional Expenses$3,685,376$1,990,000$0$5,675,376

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,675,376
Total Expenses per Audited Statements$5,675,376
Total Expenses per Form 990$5,675,376
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Form 990 review by board prior to filing”

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

“Conflict of interest statements signed annually.”

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

“Compared to other charter schools.”

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

“Compared to other charter schools.”

Form 990, Page 6, Part VI, Line 19

“NONE”

Filing and Contact Details

Filer

Filer Name
Shining Rock Classical Academy
EIN
46-3524987
Phone
8284765150
Address
2150 RUSS AVE, WAYNESVILLE, NC 28786

Signing Officer

Name
Joshua Morgan
Title
Headmaster
Phone
8284765150
Signed
2023-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melanie Norman
Formed
2013
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
5
Employees
99
Volunteers
9

Preparer

Firm
Sharpe Patel CPA
Address
325 ARLINGTON AVE STE 630, CHARLOTTE, NC 28203
Preparer
Megan Rushford CPA
Phone
7044993893
Raw XML AppendixShowing 400 of 420 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/BOYAmt032391
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt018453
IRS990/AccountsReceivableGrp/BOYAmt0475321
IRS990/AccountsReceivableGrp/EOYAmt0124356
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0OPERATION OF A CHARTER SCHOOL FOR EDUCATION OF CHILDREN IN THE COMMUNITY.
IRS990/AddressChangeInd0X
IRS990/AllOtherContributionsAmt06262
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt07104
IRS990/AllOtherExpensesGrp/ProgramServicesAmt014422
IRS990/AllOtherExpensesGrp/TotalAmt021526
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CHARTER SUCCESS PARTNERS
IRS990/BooksInCareOfDetail/PhoneNum09194791442
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0MAIN STREET
IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt01911 HILLANDALE RD STE 1250
IRS990/BooksInCareOfDetail/USAddress/CityNm0DURHAM
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027705
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01033557
IRS990/CashNonInterestBearingGrp/EOYAmt01100229
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt09195
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt018670
IRS990/ConferencesMeetingsGrp/TotalAmt027865
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0102188
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0855 W BROAD ST SUITE 300
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0BOISE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0ID
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd083702
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0WAYNESVILLE LLC
IRS990/ContractorCompensationGrp/ServicesDesc0RENT
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt05550836
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02439
IRS990/CYOtherExpensesAmt02675902
IRS990/CYOtherRevenueAmt0154899
IRS990/CYProgramServiceRevenueAmt0104249
IRS990/CYRevenuesLessExpensesAmt0137047
IRS990/CYSalariesCompEmpBnftPaidAmt02999474
IRS990/CYTotalExpensesAmt05675376
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05812423
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0100000
IRS990/DeferredRevenueGrp/EOYAmt0100000
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0178014
IRS990/DepreciationDepletionGrp/TotalAmt0178014
IRS990/Desc0A PUBLIC CHARTER SCHOOL PROVIDING EDUCATION TO ELEMENTARY STUDENTS UNDER THE NORTH CAROLINA DEPARTMENT OF PUBLIC INSTRUCTION CHARTER SCHOOL LEGISLATION.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0580941
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0747388
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt099
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt03685376
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02739
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt05561
IRS990/FeesForServicesAccountingGrp/TotalAmt08300
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt04868
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt09882
IRS990/FeesForServicesLegalGrp/TotalAmt014750
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0114087
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0231632
IRS990/FeesForServicesOtherGrp/TotalAmt0345719
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
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/PersonNm0LORI CASTNER
IRS990/Form990PartVIISectionAGrp/PersonNm1FRANK LAY
IRS990/Form990PartVIISectionAGrp/PersonNm2KELLEY LEWIS
IRS990/Form990PartVIISectionAGrp/PersonNm3NATALIE MALIS
IRS990/Form990PartVIISectionAGrp/PersonNm4MELANIE NORMAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt05544574
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt05812423
IRS990/GrossRentsGrp/RealAmt035943
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt043327
IRS990/InformationTechnologyGrp/ProgramServicesAmt087968
IRS990/InformationTechnologyGrp/TotalAmt0131295
IRS990/InsuranceGrp/ManagementAndGeneralAmt023866
IRS990/InsuranceGrp/ProgramServicesAmt048455
IRS990/InsuranceGrp/TotalAmt072321
IRS990/InterestGrp/ManagementAndGeneralAmt032710
IRS990/InterestGrp/ProgramServicesAmt066411
IRS990/InterestGrp/TotalAmt099121
IRS990/InvestmentIncomeGrp/ExclusionAmt02439
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02439
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0931066
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02082197
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01988308
IRS990/LandBldgEquipCostOrOtherBssAmt02919374
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt07860
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt07860
IRS990/MissionDesc0OPERATION OF A CHARTER SCHOOL FOR EDUCATION OF CHILDREN IN THE COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01501256
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01465794
IRS990/NameChangeInd0X
IRS990/NetAssetsOrFundBalancesBOYAmt02062106
IRS990/NetAssetsOrFundBalancesEOYAmt01887450
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt035943
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt035943
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01481165
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01140062
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0273806
IRS990/OccupancyGrp/ProgramServicesAmt0555909
IRS990/OccupancyGrp/TotalAmt0829715
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt053878
IRS990/OfficeExpensesGrp/ProgramServicesAmt0109389
IRS990/OfficeExpensesGrp/TotalAmt0163267
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt0252768
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0110430
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0224206
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0334636
IRS990/OtherExpensesGrp/Desc0NONCAP TECH & EQUIPMENT
IRS990/OtherExpensesGrp/Desc1BOOKS AND SUPPLIES
IRS990/OtherExpensesGrp/Desc2NUTRITIONAL SERVICES
IRS990/OtherExpensesGrp/Desc3FACILITIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0101168
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt170667
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt248535
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt318292
IRS990/OtherExpensesGrp/ProgramServicesAmt0205401
IRS990/OtherExpensesGrp/ProgramServicesAmt1143474
IRS990/OtherExpensesGrp/ProgramServicesAmt298542
IRS990/OtherExpensesGrp/ProgramServicesAmt337139
IRS990/OtherExpensesGrp/TotalAmt0306569
IRS990/OtherExpensesGrp/TotalAmt1214141
IRS990/OtherExpensesGrp/TotalAmt2147077
IRS990/OtherExpensesGrp/TotalAmt355431
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0STUDENT ACTIVITIES AND FEES
IRS990/OtherRevenueMiscGrp/Desc1SALES TAX REFUND
IRS990/OtherRevenueMiscGrp/Desc2SCHOOL STORE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt077370
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt128818
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt24908
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt077370
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt128818
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt24908
IRS990/OtherRevenueTotalAmt0118956
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0803334
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01631012
IRS990/OtherSalariesAndWagesGrp/TotalAmt02434346
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt058380
IRS990/PayrollTaxesGrp/ProgramServicesAmt0118530
IRS990/PayrollTaxesGrp/TotalAmt0176910
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt015539
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt038043
IRS990/PensionPlanContributionsGrp/TotalAmt053582
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0104678
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06036
IRS990/PrincipalOfficerNm0MELANIE NORMAN
IRS990/PriorPeriodAdjustmentsAmt0-311703
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0CHILD CARE
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SERVICE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt054889
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt149360
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt054889
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt149360
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03601582
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-3298
IRS990/PYOtherExpensesAmt0760724
IRS990/PYOtherRevenueAmt042009
IRS990/PYProgramServiceRevenueAmt056346
IRS990/PYRevenuesLessExpensesAmt0664203
IRS990/PYSalariesCompEmpBnftPaidAmt02271712
IRS990/PYTotalExpensesAmt03032436
IRS990/PYTotalRevenueAmt03696639
IRS990/ReconcilationRevenueExpnssAmt0137047
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt035943
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0104249
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/EquipmentGrp/BookValueAmt0155458
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0155458
IRS990ScheduleD/ExpensesSubtotalAmt05675376
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01832850
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0931066
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02763916
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0223168
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt129600
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RIGHT TO USE LEASE ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSIT
IRS990ScheduleD/RevenueSubtotalAmt05812423
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01988308
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0252768
IRS990ScheduleD/TotalExpensesPerForm990Amt05675376
IRS990ScheduleD/TotalRevenuePerForm990Amt05812423
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05812423
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05675376
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/ExplanationTxt0NOT APPLICABLE
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1NOT APPLICABLE
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 REVIEW BY BOARD PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICT OF INTEREST STATEMENTS SIGNED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPARED TO OTHER CHARTER SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPARED TO OTHER CHARTER SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NONE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03695753
IRS990/TotalAssetsEOYAmt03471697
IRS990/TotalAssetsGrp/BOYAmt03695753
IRS990/TotalAssetsGrp/EOYAmt03471697
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt05550836
IRS990/TotalEmployeeCnt099
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01990000
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03685376
IRS990/TotalFunctionalExpensesGrp/TotalAmt05675376
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01633647
IRS990/TotalLiabilitiesEOYAmt01584247
IRS990/TotalLiabilitiesGrp/BOYAmt01633647
IRS990/TotalLiabilitiesGrp/EOYAmt01584247
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02062106
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01887450
IRS990/TotalProgramServiceExpensesAmt03685376
IRS990/TotalProgramServiceRevenueAmt0104249
IRS990/TotalRevenueGrp/ExclusionAmt038382
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0223205
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05812423
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03695753
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03471697
IRS990/TravelGrp/ManagementAndGeneralAmt020061
IRS990/TravelGrp/ProgramServicesAmt040730
IRS990/TravelGrp/TotalAmt060791
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.SRCA.TEAMCFA.SCHOOL
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSHUA MORGAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0HEADMASTER
ReturnHeader/BusinessOfficerGrp/PhoneNum08284765150
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHINING ROCK CLASSICAL ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0SHIN
ReturnHeader/Filer/EIN0463524987
ReturnHeader/Filer/PhoneNum08284765150

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,471,697
Liabilities
$1,584,247
Net assets
$1,887,450
Revenue
$5,812,423
Expenses
$5,675,376
Net income
$137,047
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.58$0.27$3.31$7.14$7.73$0.59
2023Detailed filing. Detailed filing data is available for this year.$4.19$0.28$3.91$7.68$5.66$2.02
2022Detailed filing. Detailed filing data is available for this year.$3.47$1.58$1.89$5.81$5.68$0.14
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.70$1.63$2.06$3.70$3.03$0.66
2020Detailed filing. Detailed filing data is available for this year.$3.25$1.85$1.40$2.93$2.70$0.22
2019Detailed filing. Detailed filing data is available for this year.$3.29$2.12$1.18$3.60$3.60$0.01
2018Detailed filing. Detailed filing data is available for this year.$3.38$2.20$1.18$3.45$3.12$0.32
2017Detailed filing. Detailed filing data is available for this year.$3.28$2.42$0.86$2.98$2.50$0.48
2016Detailed filing. Detailed filing data is available for this year.$0.41$0.03$0.38$1.97$1.67$0.31