Civic Intelligence

Shining Rock Classical Academy a Challenge Foundation Academy Inc

990 • Fiscal year 2023 • EIN 46-3524987

Jul 01, 2022 to Jun 30, 2023 • Filed on May 15, 2024

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

27th percentile

0.07x

Higher debt load relative to assets than 27% of similar nonprofits.

2023 filings • NTEE B • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

20th percentile

0.04x

Higher debt load relative to revenue than 20% of similar nonprofits.

2023 filings • NTEE B • $5M-$10M nonprofits • Source year 2023

Net Margin

83rd percentile

26%

Higher net margin than 83% of similar nonprofits.

2023 filings • NTEE B • $5M-$10M nonprofits • Source year 2023

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.

2023 filings • NTEE B • $5M-$10M nonprofits • Source year 2023

Asset Growth

70th percentile

21%

Faster asset growth than 70% of similar nonprofits.

2023 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

81st percentile

32%

Faster revenue growth than 81% of similar nonprofits.

2023 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets27th percentile

Assets

Up

$4,190,907

Up $719,210 (+21%) from 2022

Net Assets

Up

$3,906,266

Up $2,018,816 (+107%) from 2022

Liabilities

Down

$284,641

Down $1,299,606 (-82%) from 2022

Revenue And Expenses
Liabilities / Revenue20th percentileNet Margin83rd percentile

Revenue

Up

$7,679,259

Up $1,866,836 (+32%) from 2022

Expenses

Down

$5,660,443

Down $14,933 (-0.3%) from 2022

Net Income

Up

$2,018,816

Up $1,881,769 (+1373%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth70th 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

2023

Assets$4,190,907
Liabilities$284,641
Net Assets$3,906,266
Open 2023 Filing

Operations Trend

Revenue Growth81st 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

2023

Revenue$7,679,259
Expenses$5,660,443
Net Income$2,018,816
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 15, 2024
Return Version
2022v5.0
Gross Receipts
$7,679,259
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
Cash and Non-Interest-Bearing Accounts$1,100,229$2,042,432▲ $942,203
Land, Buildings, and Equipment, Net$1,988,308$1,810,247▼ $178,061
Accounts Receivable$124,356$93,784▼ $30,572
Prepaid Expenses and Deferred Charges$6,036$44,967▲ $38,931
Total Assets$3,471,697$4,190,907▲ $719,210
Other Assets Total$252,768$199,477▼ $53,291
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,465,794--
Other Liabilities-$180,429-
Deferred Revenue$100,000$100,000→ $0
Accounts Payable and Accrued Expenses$18,453$4,212▼ $14,241
Total Liabilities$1,584,247$284,641▼ $1,299,606
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,140,062$2,101,971▲ $961,909
Net Assets With Donor Restrictions$747,388$1,804,295▲ $1,056,907
Total Net Assets Fund Balance$1,887,450$3,906,266▲ $2,018,816
Total Liabilities and Net Assets / Fund Balance$3,471,697$4,190,907▲ $719,210

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,758,743$1,005,173$2,763,916
Equipment$51,504$103,954$155,458
Compensation and Service Providers
Top Officer Pay24th percentile

Board Members and Trustees

NameTitle
Natalie MalisChair
Abbie WilkinsMember
Bert NewsomeMember
Frank LayMember
Sandy BrantleyMember
Shane MesserMember
Shannon CarlockMember
Revenue and Support

Revenue Composition

Contributions and Grants
$7,350,167
Program Service Revenue
$285,487
Investment Income
$7,484
Other Revenue
$36,121
All Other Contributions
$1,309,070
Change in Net Assets
$2,018,816
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,649,940
Other Expenses$2,010,503
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,090,307$845,930-$2,936,237
Occupancy$433,162$175,298-$608,460
Other Employee Benefits$303,176$122,693-$425,869
Fees for Services Other$197,776$80,038-$277,814
Payroll Taxes$150,651$60,967-$211,618
Depreciation Depletion$126,762$51,299-$178,061
Other Expenses$81,699$33,063-$114,762
Travel$55,236$22,354-$77,590
Pension Plan Contributions$54,258$21,958-$76,216
Insurance$39,777$16,097-$55,874
Conferences and Meetings$24,732$10,009-$34,741
Office Expenses$14,588$5,909-$20,497
Fees for Services Legal$12,267$4,964-$17,231
All Other Expenses$9,233$3,736-$12,969
Advertising$8,424$3,409-$11,833
Fees for Services Accounting$6,905$2,795-$9,700
Information Technology$5,547$2,245-$7,792
Total Functional Expenses$4,029,665$1,630,778$0$5,660,443
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
Lease Liability$180,429
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
Yes
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
2024-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shannon Carlock
Formed
2013
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
115
Volunteers
381

Preparer

Firm
Sharpe Patel CPA
Address
325 ARLINGTON AVE STE 630, CHARLOTTE, NC 28203
Preparer
Megan a Ridgley CPA
Phone
7044993893
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Shining rock holdings llc revenue 0 shining rock holdings llc expenses 0”

Raw XML AppendixShowing 400 of 455 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/BOYAmt018453
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04212
IRS990/AccountsReceivableGrp/BOYAmt0124356
IRS990/AccountsReceivableGrp/EOYAmt093784
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0OPERATION OF A CHARTER SCHOOL FOR EDUCATION OF CHILDREN IN THE COMMUNITY.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt03409
IRS990/AdvertisingGrp/ProgramServicesAmt08424
IRS990/AdvertisingGrp/TotalAmt011833
IRS990/AllOtherContributionsAmt01309070
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt03736
IRS990/AllOtherExpensesGrp/ProgramServicesAmt09233
IRS990/AllOtherExpensesGrp/TotalAmt012969
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/BOYAmt01100229
IRS990/CashNonInterestBearingGrp/EOYAmt02042432
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt010009
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt024732
IRS990/ConferencesMeetingsGrp/TotalAmt034741
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt07350167
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt07484
IRS990/CYOtherExpensesAmt02010503
IRS990/CYOtherRevenueAmt036121
IRS990/CYProgramServiceRevenueAmt0285487
IRS990/CYRevenuesLessExpensesAmt02018816
IRS990/CYSalariesCompEmpBnftPaidAmt03649940
IRS990/CYTotalExpensesAmt05660443
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt07679259
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0100000
IRS990/DeferredRevenueGrp/EOYAmt0100000
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt051299
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0126762
IRS990/DepreciationDepletionGrp/TotalAmt0178061
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/BOYAmt0747388
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01804295
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0115
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt04029665
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02795
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt06905
IRS990/FeesForServicesAccountingGrp/TotalAmt09700
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt04964
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt012267
IRS990/FeesForServicesLegalGrp/TotalAmt017231
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt080038
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0197776
IRS990/FeesForServicesOtherGrp/TotalAmt0277814
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/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0SANDY BRANTLEY
IRS990/Form990PartVIISectionAGrp/PersonNm1SHANNON CARLOCK
IRS990/Form990PartVIISectionAGrp/PersonNm2FRANK LAY
IRS990/Form990PartVIISectionAGrp/PersonNm3NATALIE MALIS
IRS990/Form990PartVIISectionAGrp/PersonNm4SHANE MESSER
IRS990/Form990PartVIISectionAGrp/PersonNm5BERT NEWSOME
IRS990/Form990PartVIISectionAGrp/PersonNm6ABBIE WILKINS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt06041097
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt07679259
IRS990/GrossRentsGrp/RealAmt016404
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02245
IRS990/InformationTechnologyGrp/ProgramServicesAmt05547
IRS990/InformationTechnologyGrp/TotalAmt07792
IRS990/InsuranceGrp/ManagementAndGeneralAmt016097
IRS990/InsuranceGrp/ProgramServicesAmt039777
IRS990/InsuranceGrp/TotalAmt055874
IRS990/InvestmentIncomeGrp/ExclusionAmt02554
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt04930
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07484
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01109127
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01988308
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01810247
IRS990/LandBldgEquipCostOrOtherBssAmt02919374
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0OPERATION OF A CHARTER SCHOOL FOR EDUCATION OF CHILDREN IN THE COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01465794
IRS990/NetAssetsOrFundBalancesBOYAmt01887450
IRS990/NetAssetsOrFundBalancesEOYAmt03906266
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt016404
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt016404
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01140062
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02101971
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0175298
IRS990/OccupancyGrp/ProgramServicesAmt0433162
IRS990/OccupancyGrp/TotalAmt0608460
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05909
IRS990/OfficeExpensesGrp/ProgramServicesAmt014588
IRS990/OfficeExpensesGrp/TotalAmt020497
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0252768
IRS990/OtherAssetsTotalGrp/EOYAmt0199477
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0122693
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0303176
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0425869
IRS990/OtherExpensesGrp/Desc0ADMINISTRATIVE SERVICES
IRS990/OtherExpensesGrp/Desc1BOOKS AND SUPPLIES
IRS990/OtherExpensesGrp/Desc2NUTRITION SERVICES
IRS990/OtherExpensesGrp/Desc3NONCAP TECH & EQUIPMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt062084
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt161900
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt244030
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt333063
IRS990/OtherExpensesGrp/ProgramServicesAmt0153410
IRS990/OtherExpensesGrp/ProgramServicesAmt1152956
IRS990/OtherExpensesGrp/ProgramServicesAmt2108799
IRS990/OtherExpensesGrp/ProgramServicesAmt381699
IRS990/OtherExpensesGrp/TotalAmt0215494
IRS990/OtherExpensesGrp/TotalAmt1214856
IRS990/OtherExpensesGrp/TotalAmt2152829
IRS990/OtherExpensesGrp/TotalAmt3114762
IRS990/OtherLiabilitiesGrp/EOYAmt0180429
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0SALES TAX REFUND
IRS990/OtherRevenueMiscGrp/Desc1FINES & FOREFITURES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt017615
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt12102
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt017615
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt12102
IRS990/OtherRevenueTotalAmt019717
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0845930
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02090307
IRS990/OtherSalariesAndWagesGrp/TotalAmt02936237
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt060967
IRS990/PayrollTaxesGrp/ProgramServicesAmt0150651
IRS990/PayrollTaxesGrp/TotalAmt0211618
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt021958
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt054258
IRS990/PensionPlanContributionsGrp/TotalAmt076216
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06036
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt044967
IRS990/PrincipalOfficerNm0SHANNON CARLOCK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT ACTIVITIES AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1CHILD CARE
IRS990/ProgramServiceRevenueGrp/Desc2FOOD SERVICE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0117639
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt195730
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt272118
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0117639
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt195730
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt272118
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05550836
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02439
IRS990/PYOtherExpensesAmt02675902
IRS990/PYOtherRevenueAmt0154899
IRS990/PYProgramServiceRevenueAmt0104249
IRS990/PYRevenuesLessExpensesAmt0137047
IRS990/PYSalariesCompEmpBnftPaidAmt02999474
IRS990/PYTotalExpensesAmt05675376
IRS990/PYTotalRevenueAmt05812423
IRS990/ReconcilationRevenueExpnssAmt02018816
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt016404
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0285487
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/BookValueAmt051504
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0103954
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0155458
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01758743
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01005173
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02763916
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0180429
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE LIABILITY
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01810247
IRS990ScheduleD/TotalLiabilityAmt0180429
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/ExplanationTxt5SHINING ROCK HOLDINGS LLC REVENUE 0 SHINING ROCK HOLDINGS LLC EXPENSES 0
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0SHINING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine2Txt0ROCK CLASSICAL ACADEMY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SHINING ROCK CLASSICAL ACADEMY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine2Txt0HOLDINGS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0883926489
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LEASING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt012B
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01023 DELLWOOD RD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WAYNESVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd028786
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0true
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0341003
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0SHINING ROCK CLASSICAL ACADEMY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0K
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03471697
IRS990/TotalAssetsEOYAmt04190907
IRS990/TotalAssetsGrp/BOYAmt03471697
IRS990/TotalAssetsGrp/EOYAmt04190907
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt07350167
IRS990/TotalEmployeeCnt0115
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01630778
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04029665
IRS990/TotalFunctionalExpensesGrp/TotalAmt05660443
IRS990/TotalGrossUBIAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,190,907
Liabilities
$284,641
Net assets
$3,906,266
Revenue
$7,679,259
Expenses
$5,660,443
Net income
$2,018,816
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