Civic Intelligence

Piedmont Classical High School

EIN 46-4228515 • 501(c)3 • Browns Summit, NC

Profile

Education as public charter school

4100 Yanceyvile StreetBrowns Summit, NC 27214

piedmontclassical.com

Siviq Scores

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

Liabilities / Assets

95th percentile

1.04x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

92nd percentile

3.57x

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

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

31st percentile

-1.3%

Higher net margin than 31% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

26th percentile

-1.6%

Faster asset growth than 26% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

50th percentile

6.9%

Faster revenue growth than 50% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$18,357,449

Down $290,633 (-1.6%) from 2023

Liabilities

Down

$19,150,554

Down $218,454 (-1.1%) from 2023

Net Assets

Down

-$793,105

Down $72,179 (-10%) from 2023

Revenue

Up

$5,361,399

Up $348,279 (+6.9%) from 2023

Expenses

Up

$5,433,578

Up $294,341 (+5.7%) from 2023

Net Income

Up

-$72,179

Up $53,938 (+43%) from 2023

Trend Graphs

Balance Sheet Trend

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

$20M$10M$0-$10MAssets 2016: $57,578Liabilities 2016: $231,546Net Assets 2016: -$173,9682016Assets 2017: $130,695Liabilities 2017: $90,854Net Assets 2017: $39,8412017Assets 2018: $541,124Liabilities 2018: $26,080Net Assets 2018: $515,0442018Assets 2019: $831,035Liabilities 2019: $60,297Net Assets 2019: $770,7382019Assets 2020: $828,629Liabilities 2020: $31,450Net Assets 2020: $797,1792020Assets 2021: $19,177,293Liabilities 2021: $19,483,069Net Assets 2021: -$305,7762021Assets 2022: $18,853,916Liabilities 2022: $19,448,725Net Assets 2022: -$594,8092022Assets 2023: $18,648,082Liabilities 2023: $19,369,008Net Assets 2023: -$720,9262023Assets 2024: $18,357,449Liabilities 2024: $19,150,554Net Assets 2024: -$793,1052024

Highlighted filing

2024

Assets$18,357,449
Liabilities$19,150,554
Net Assets-$793,105

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2016: $1,020,651Expenses 2016: $1,192,462Net Income 2016: -$171,8112016Revenue 2017: $1,955,859Expenses 2017: $1,742,050Net Income 2017: $213,8092017Revenue 2018: $3,530,456Expenses 2018: $3,055,253Net Income 2018: $475,2032018Revenue 2019: $4,247,613Expenses 2019: $3,991,919Net Income 2019: $255,6942019Revenue 2020: $4,323,014Expenses 2020: $4,296,573Net Income 2020: $26,4412020Revenue 2021: $4,297,237Expenses 2021: $5,400,192Net Income 2021: -$1,102,9552021Revenue 2022: $4,797,774Expenses 2022: $5,086,807Net Income 2022: -$289,0332022Revenue 2023: $5,013,120Expenses 2023: $5,139,237Net Income 2023: -$126,1172023Revenue 2024: $5,361,399Expenses 2024: $5,433,578Net Income 2024: -$72,1792024

Highlighted filing

2024

Revenue$5,361,399
Expenses$5,433,578
Net Income-$72,179

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 30, 2025
Return Version
2023v6.0
Gross Receipts
$5,361,399
Mission and Program Overview

Mission

Education as public charter school

Education as a public charter school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$16,468,406$16,070,854▼ $397,552
Savings and Temporary Cash Investments$1,360,337$1,425,827▲ $65,490
Cash and Non-Interest-Bearing Accounts$619,311$652,270▲ $32,959
Accounts Receivable$146,880$179,230▲ $32,350
Prepaid Expenses and Deferred Charges$25,408$29,268▲ $3,860
Total Assets$18,648,082$18,357,449▼ $290,633
Other Assets Total$27,740$0▼ $27,740
Liabilities
Mortgage Notes Payable Secured by Investment Property$19,309,404$19,093,197▼ $216,207
Accounts Payable and Accrued Expenses$59,123$57,357▼ $1,766
Deferred Revenue$481--
Total Liabilities$19,369,008$19,150,554▼ $218,454
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-720,926$-793,105▼ $72,179
Total Net Assets Fund Balance$-720,926$-793,105▼ $72,179
Total Liabilities and Net Assets / Fund Balance$18,648,082$18,357,449▼ $290,633

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$14,517,814$1,392,119$15,909,933
Land$1,277,341-$1,277,341
Equipment$147,106$219,362$366,468
Leasehold Improvements$89,307$7,954$97,261
Other Land Buildings$39,286$14,464$53,750
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Travis WardPrincipalFT$184,887$184,887
Angela JacksonDirector of OperationsFT$103,824$103,824

Board Members and Trustees

NameTitle
John FinkChair
Scott MeyersVice Chair
Margaret ChaseMember
Mike StainbackMember
Michelle TownsendParent Representative
Revenue and Support

Revenue Composition

Contributions and Grants
$5,070,147
Program Service Revenue
$156,496
Investment Income
$80,489
Other Revenue
$54,267
All Other Contributions
$2,036
Change in Net Assets
$-72,179

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,361,399
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$5,361,399
Total Revenue per Form 990
$5,361,399
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,898,734
Other Expenses$2,534,844
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,528,762$693,740-$2,222,502
Interest$662,646$300,703-$963,349
Depreciation Depletion$318,464$144,517-$462,981
Other Employee Benefits$195,974$88,932-$284,906
Fees for Services Other$160,274$72,731-$233,005
Current Officers, Directors, Trustees, and Key Employees$127,176$57,711-$184,887
Payroll Taxes$125,132$56,784-$181,916
Office Expenses$83,585$37,930-$121,515
Occupancy$56,348$25,570-$81,918
Insurance$43,274$19,638-$62,912
Travel$41,939$19,031-$60,970
Information Technology$35,390$16,060-$51,450
Other Expenses$34,446$15,632-$50,078
Conferences and Meetings$28,668$13,009-$41,677
Pension Plan Contributions$16,868$7,655-$24,523
Advertising$7,583$3,441-$11,024
Fees for Services Accounting$5,365$2,435-$7,800
All Other Expenses$3,476$1,575-$5,051
Fees for Services Legal$658$298-$956
Total Functional Expenses$3,737,521$1,696,057$0$5,433,578

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,433,578
Total Expenses per Audited Statements$5,433,578
Total Expenses per Form 990$5,433,578
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
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, Part VI, Section B, Line 11B

The board reviews form 990 prior to filing.

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

Conflict of interest statements are signed annually.

Form 990, Part VI, Section B, Line 15

Compensation is determined on a comparable basis to other charter schools.

Form 990, Part VI, Section C, Line 19

All documents are available at the school upon request.

Filing and Contact Details

Filer

Filer Name
Piedmont Classical High School
EIN
46-4228515
Phone
3367012271
Address
4100 YANCEYVILE STREET, BROWNS SUMMIT, NC 27214

Signing Officer

Name
John Fink
Title
Chair
Phone
3367012271
Signed
2025-04-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Fink
Formed
2013
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
5
Employees
65
Volunteers
50

Preparer

Firm
Sharpe Patel CPA
Address
5510 SIX FORKS ROAD SUITE 140, RALEIGH, NC 27609
Preparer
Rebecca Fisher
Phone
7044993893
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IRS990/ProgramServiceRevenueGrp/Desc0STUDENT ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SERVICE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt087599
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt168897
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt087599
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt168897
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04736081
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt046847
IRS990/PYOtherExpensesAmt02367703
IRS990/PYOtherRevenueAmt0169048
IRS990/PYProgramServiceRevenueAmt061144
IRS990/PYRevenuesLessExpensesAmt0-126117
IRS990/PYSalariesCompEmpBnftPaidAmt02771534
IRS990/PYTotalExpensesAmt05139237
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05013120
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-72179
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0210763
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01360337
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01425827
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt014517814
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01392119
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt015909933
IRS990ScheduleD/EquipmentGrp/BookValueAmt0147106
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0219362
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0366468
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05433578
IRS990ScheduleD/LandGrp/BookValueAmt01277341
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01277341
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt089307
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt07954
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt097261
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt039286
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt014464
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt053750
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05361399
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016070854
IRS990ScheduleD/TotalExpensesPerForm990Amt05433578
IRS990ScheduleD/TotalRevenuePerForm990Amt05361399
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05361399
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05433578
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/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0PIEDMONT CLASSICAL HIGH SCHOOL OPERATES AS A PUBLIC CHARTER SCHOOL AND IS FUNDED BY THE STATE OF NORTH CAROLINA AND LOCAL GOVERNMENT. NORTH CAROLINA REQUIRES A POLICY OF NONDISCRIMINATION, AND THE SCHOOL'S NONDISCRIMINATION POLICY IS DISCLOSED IN ALL SOLICITATIONS FOR STUDENTS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL IS ORGANIZED AS A CHARTER SCHOOL UNDER NORTH CAROLINA GENERAL STATUE 115C-238-29A. ACCORDINGLY, IT RECEIVES BOTH FEDERAL AND STATE FUNDING AS ITS PRIMARY MEANS OF SUPPORT.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0184887
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0TRAVIS WARD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRINCIPAL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0184887
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0COMPENSATION FOR TOP OFFICALS AND KEY EMPLOYEES IS APPROVED BY THE BOARD OF DIRECTORS AND IS BASED ON A REVIEW OF AREA COMPARABILITY DATA AND THE INDIVIDUAL'S EXPERIENCE AND EXPERTISE.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD REVIEWS FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICT OF INTEREST STATEMENTS ARE SIGNED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION IS DETERMINED ON A COMPARABLE BASIS TO OTHER CHARTER SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DOCUMENTS ARE AVAILABLE AT THE SCHOOL UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00

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