Civic Intelligence

Emerald Charter Schools

990 • Fiscal year 2019 • EIN 46-4687417

Jul 01, 2018 to Jun 30, 2019 • Filed on Feb 04, 2020

Organization ProfileWWW.EMERALDCHARTERSCHOOLS.ORG
1014 Heiskell AvenueKnoxville, TN 37921

(865) 637-3227

Siviq Scores

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

Liabilities / Assets

87th percentile

0.82x

Higher debt load relative to assets than 87% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

80th percentile

0.90x

Higher debt load relative to revenue than 80% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

66th percentile

10.0%

Higher net margin than 66% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$122,816

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

32nd percentile

-1.0%

Faster asset growth than 32% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

85th percentile

36%

Faster revenue growth than 85% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets87th percentile

Assets

Down

$5,646,921

Down $58,490 (-1.0%) from 2018

Net Assets

Up

$1,033,678

Up $414,575 (+67%) from 2018

Liabilities

Down

$4,613,243

Down $473,065 (-9.3%) from 2018

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin66th percentile

Revenue

Up

$5,129,363

Up $1,356,580 (+36%) from 2018

Expenses

Up

$4,618,372

Up $772,683 (+20%) from 2018

Net Income

Up

$510,991

Up $583,897 (+801%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2015: $6,575,743Liabilities 2015: $4,914,008Net Assets 2015: $1,661,7352015Assets 2016: $5,565,866Liabilities 2016: $4,618,661Net Assets 2016: $947,2052016Assets 2017: $5,638,841Liabilities 2017: $4,946,832Net Assets 2017: $692,0092017Assets 2018: $5,705,411Liabilities 2018: $5,086,308Net Assets 2018: $619,1032018Assets 2019: $5,646,921Liabilities 2019: $4,613,243Net Assets 2019: $1,033,6782019Assets 2020: $6,452,043Liabilities 2020: $5,500,384Net Assets 2020: $951,6592020Assets 2021: $7,107,361Liabilities 2021: $4,837,316Net Assets 2021: $2,270,0452021Assets 2022: $7,649,201Liabilities 2022: $5,090,910Net Assets 2022: $2,558,2912022Assets 2023: $7,328,157Liabilities 2023: $4,392,750Net Assets 2023: $2,935,4072023Assets 2024: $7,818,916Liabilities 2024: $4,521,339Net Assets 2024: $3,297,5772024Assets 2025: $7,605,708Liabilities 2025: $4,407,811Net Assets 2025: $3,197,8972025

Highlighted filing

2019

Assets$5,646,921
Liabilities$4,613,243
Net Assets$1,033,678
Open 2019 Filing

Operations Trend

Revenue Growth85th percentile

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

$10M$5.0M$0-$5.0MRevenue 2015: $2,214,563Expenses 2015: $552,828Net Income 2015: $1,661,7352015Revenue 2016: $1,174,754Expenses 2016: $1,889,284Net Income 2016: -$714,5302016Revenue 2017: $2,628,344Expenses 2017: $2,883,540Net Income 2017: -$255,1962017Revenue 2018: $3,772,783Expenses 2018: $3,845,689Net Income 2018: -$72,9062018Revenue 2019: $5,129,363Expenses 2019: $4,618,372Net Income 2019: $510,9912019Revenue 2020: $5,032,908Expenses 2020: $5,114,927Net Income 2020: -$82,0192020Revenue 2021: $6,290,913Expenses 2021: $4,972,527Net Income 2021: $1,318,3862021Revenue 2022: $5,598,772Expenses 2022: $5,310,526Net Income 2022: $288,2462022Revenue 2023: $6,568,116Expenses 2023: $6,191,000Net Income 2023: $377,1162023Revenue 2024: $7,110,812Expenses 2024: $6,967,511Net Income 2024: $143,3012024Revenue 2025: $7,220,463Expenses 2025: $7,320,143Net Income 2025: -$99,6802025

Highlighted filing

2019

Revenue$5,129,363
Expenses$4,618,372
Net Income$510,991
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Feb 4, 2020
Return Version
2018v3.2
Gross Receipts
$5,129,363
Mission and Program Overview

Mission

To provide free, sustainable, high quality public schools in knoxville's urban neighborhoods, ensuring all enrolled students have access to an outstanding college preparatory education.

To provide free, sustainable, high quality public schools in knoxville's urban neigborhoods, ensuring all enrolled students have access to an outstanding college preparatory education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,048,203$5,065,224▲ $17,021
Accounts Receivable$79,747--
Pledges and Grants Receivable$198,250$51,625▼ $146,625
Prepaid Expenses and Deferred Charges$35,554$49,371▲ $13,817
Cash and Non-Interest-Bearing Accounts$45,239$41,979▼ $3,260
Total Assets$5,705,411$5,646,921▼ $58,490
Other Assets Total$298,418$438,722▲ $140,304
Liabilities
Tax Exempt Bond Liabilities$4,100,000$4,100,000→ $0
Mortgage Notes Payable Secured by Investment Property$754,252$300,000▼ $454,252
Other Liabilities$124,524$140,539▲ $16,015
Accounts Payable and Accrued Expenses$107,532$72,704▼ $34,828
Total Liabilities$5,086,308$4,613,243▼ $473,065
Net Assets / Fund Balance
Unrestricted Net Assets$301,768$773,407▲ $471,639
Temporarily Rstr Net Assets$317,335$260,271▼ $57,064
Total Net Assets Fund Balance$619,103$1,033,678▲ $414,575
Total Liabilities and Net Assets / Fund Balance$5,705,411$5,646,921▼ $58,490

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,497,670$428,237$4,925,907
Equipment$227,511$155,459$382,970
Other Land Buildings$168,269$5,445$173,714
Leasehold Improvements$71,774$45,898$117,672
Land$100,000-$100,000
Other Assets Org$27,487--
Compensation and Service Providers
Top Officer Pay50th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Renee KellyDirector ofFT$110,004$12,812$122,816

Board Members and Trustees

NameTitle
Steve DiggsPresident
Janene NordinDirector
Kala GrayDirector
Randy GibsonDirector
Sanford MillerDirector
Tim McelmoreDirector
Randy GibsonSecretary
Alvin NanceTreasurer
Ed HedgepethVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$5,124,484
Program Service Revenue
$0
Investment Income
$1,493
Other Revenue
$3,386
All Other Contributions
$670,692
Change in Net Assets
$510,991

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,129,363
Total Revenue per Audited Statements
$5,129,363
Total Revenue per Form 990
$5,129,363
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,214,510
Other Expenses$1,403,862
Total Fundraising Expense$312
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,597,013$65,430-$2,662,443
All Other Expenses$267,411$3,949$312$271,672
Other Employee Benefits$236,511$5,170-$241,681
Payroll Taxes$193,756$4,542-$198,298
Occupancy$188,978--$188,978
Depreciation Depletion-$178,470-$178,470
Fees for Services Accounting-$162,000-$162,000
Information Technology$114,643$309-$114,952
Pension Plan Contributions$106,439$5,649-$112,088
Other Expenses$48,550--$48,550
Insurance$5,888$41,596-$47,484
Fees for Services Legal-$33,304-$33,304
Interest-$31,007-$31,007
Office Expenses$19,085--$19,085
Fees for Services Other$2,791$1,000-$3,791
Travel$115--$115
Total Functional Expenses$4,085,634$532,426$312$4,618,372

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,618,372
Total Expenses per Audited Statements$4,618,372
Total Expenses per Form 990$4,618,372
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
Deferred Inflows Related to Pensions$127,869
Deferred Inflows Related to Pensions$12,670

Bond Issues

BondIssuerIssuedIssue PricePurpose
AEducational Revenue Bonds2015-05-01$3,600,000-
BEducational Revenue Bonds2015-12-02$500,000-

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----
B----

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
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
No
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 is provided to all board members for review and approval prior to filing.”

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

“Expenses are reviewed by an outside party.”

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

“Compensation is determined by the board of directors.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are available upon request and on the organization's website. Governing documents are also subject to the open records law of the state of tennessee and are submitted to the chartering authority, knox county schools, a fund of knox county, tennessee.”

Filing and Contact Details

Filer

Filer Name
Emerald Charter Schools
EIN
46-4687417
Phone
8656373227
Address
1014 HEISKELL AVENUE, KNOXVILLE, TN 37921

Signing Officer

Name
Steve Diggs
Title
President
Phone
8656373227
Signed
2020-02-04

Organization Details

Principal Officer
Steve Diggs
Formed
2014
Legal Domicile
Tn
Voting Board Members
7
Independent Board Members
7
Employees
110
Volunteers
40

Preparer

Firm
Mitchell Emert & Hill Pc
Address
416 ERIN DRIVE, KNOXVILLE, TN 37919-6205
Preparer
James R Cates CPA
Phone
8655222396
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

“The school believes it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.”

Raw XML AppendixShowing 400 of 526 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/BOYAmt0107532
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt072704
IRS990/AccountsReceivableGrp/BOYAmt079747
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE FREE, SUSTAINABLE, HIGH QUALITY PUBLIC SCHOOLS IN KNOXVILLE'S URBAN NEIGBORHOODS, ENSURING ALL ENROLLED STUDENTS HAVE ACCESS TO AN OUTSTANDING COLLEGE PREPARATORY EDUCATION.
IRS990/AllOtherContributionsAmt0670692
IRS990/AllOtherExpensesGrp/FundraisingAmt0312
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt03949
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0267411
IRS990/AllOtherExpensesGrp/TotalAmt0271672
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/PersonNm0EMERALD CHARTER SCHOOLS
IRS990/BooksInCareOfDetail/PhoneNum08656373227
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0117 N CENTRAL ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0KNOXVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd037927
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt045239
IRS990/CashNonInterestBearingGrp/EOYAmt041979
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt05124484
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01493
IRS990/CYOtherExpensesAmt01403862
IRS990/CYOtherRevenueAmt03386
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0510991
IRS990/CYSalariesCompEmpBnftPaidAmt03214510
IRS990/CYTotalExpensesAmt04618372
IRS990/CYTotalFundraisingExpenseAmt0312
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05129363
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0178470
IRS990/DepreciationDepletionGrp/TotalAmt0178470
IRS990/Desc0TO PROVIDE FREE, SUSTAINABLE, HIGH QUALITY PUBLIC SCHOOLS IN KNOXVILLE'S URBAN NEIGHBORHOODS, ENSURING ALL ENROLLED STUDENTS HAVE ACCESS TO AN OUTSTANDING COLLEGE PREPARATORY EDUCATION.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0110
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt04085634
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FederatedCampaignsAmt0100000
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0162000
IRS990/FeesForServicesAccountingGrp/TotalAmt0162000
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt033304
IRS990/FeesForServicesLegalGrp/TotalAmt033304
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01000
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt02791
IRS990/FeesForServicesOtherGrp/TotalAmt03791
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt912812
IRS990/Form990PartVIISectionAGrp/PersonNm0STEVE DIGGS
IRS990/Form990PartVIISectionAGrp/PersonNm1ED HEDGEPETH
IRS990/Form990PartVIISectionAGrp/PersonNm2ALVIN NANCE
IRS990/Form990PartVIISectionAGrp/PersonNm3JANENE NORDIN
IRS990/Form990PartVIISectionAGrp/PersonNm4RANDY GIBSON
IRS990/Form990PartVIISectionAGrp/PersonNm5TIM MCELMORE
IRS990/Form990PartVIISectionAGrp/PersonNm6KALA GRAY
IRS990/Form990PartVIISectionAGrp/PersonNm7SANFORD MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm8RANDY GIBSON
IRS990/Form990PartVIISectionAGrp/PersonNm9RENEE KELLY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9110004
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR OF
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt04353792
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt05129363
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0309
IRS990/InformationTechnologyGrp/ProgramServicesAmt0114643
IRS990/InformationTechnologyGrp/TotalAmt0114952
IRS990/InsuranceGrp/ManagementAndGeneralAmt041596
IRS990/InsuranceGrp/ProgramServicesAmt05888
IRS990/InsuranceGrp/TotalAmt047484
IRS990/InterestGrp/ManagementAndGeneralAmt031007
IRS990/InterestGrp/TotalAmt031007
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01493
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01493
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0635039
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05048203
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05065224
IRS990/LandBldgEquipCostOrOtherBssAmt05700263
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE FREE, SUSTAINABLE, HIGH QUALITY PUBLIC SCHOOLS IN KNOXVILLE'S URBAN NEIGHBORHOODS, ENSURING ALL ENROLLED STUDENTS HAVE ACCESS TO AN OUTSTANDING COLLEGE PREPARATORY EDUCATION.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0754252
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0300000
IRS990/NetAssetsOrFundBalancesBOYAmt0619103
IRS990/NetAssetsOrFundBalancesEOYAmt01033678
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0188978
IRS990/OccupancyGrp/TotalAmt0188978
IRS990/OfficeExpensesGrp/ProgramServicesAmt019085
IRS990/OfficeExpensesGrp/TotalAmt019085
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0298418
IRS990/OtherAssetsTotalGrp/EOYAmt0438722
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05170
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0236511
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0241681
IRS990/OtherExpensesGrp/Desc0BUS SERVICES
IRS990/OtherExpensesGrp/Desc1SUPPLIES & MATERIALS:CURR
IRS990/OtherExpensesGrp/Desc2BUILDING MAINTENANCE/CUST
IRS990/OtherExpensesGrp/Desc3BUILDING SUPPLIES
IRS990/OtherExpensesGrp/ProgramServicesAmt0147945
IRS990/OtherExpensesGrp/ProgramServicesAmt185695
IRS990/OtherExpensesGrp/ProgramServicesAmt270814
IRS990/OtherExpensesGrp/ProgramServicesAmt348550
IRS990/OtherExpensesGrp/TotalAmt0147945
IRS990/OtherExpensesGrp/TotalAmt185695
IRS990/OtherExpensesGrp/TotalAmt270814
IRS990/OtherExpensesGrp/TotalAmt348550
IRS990/OtherLiabilitiesGrp/BOYAmt0124524
IRS990/OtherLiabilitiesGrp/EOYAmt0140539
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/Desc1VENDING & SMALL SALES INCOME
IRS990/OtherRevenueMiscGrp/Desc2T-SHIRT/MDSE SALES REVENUES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02110
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1952
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt2324
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02110
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1952
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2324
IRS990/OtherRevenueTotalAmt03386
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt065430
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02597013
IRS990/OtherSalariesAndWagesGrp/TotalAmt02662443
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04542
IRS990/PayrollTaxesGrp/ProgramServicesAmt0193756
IRS990/PayrollTaxesGrp/TotalAmt0198298
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05649
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0106439
IRS990/PensionPlanContributionsGrp/TotalAmt0112088
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0198250
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt051625
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt035554
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt049371
IRS990/PrincipalOfficerNm0STEVE DIGGS
IRS990/PriorPeriodAdjustmentsAmt0-96416
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03773087
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-2360
IRS990/PYOtherExpensesAmt01294763
IRS990/PYOtherRevenueAmt02056
IRS990/PYRevenuesLessExpensesAmt0-72906
IRS990/PYSalariesCompEmpBnftPaidAmt02550926
IRS990/PYTotalExpensesAmt03845689
IRS990/PYTotalRevenueAmt03772783
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0510991
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt04497670
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0428237
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04925907
IRS990ScheduleD/EquipmentGrp/BookValueAmt0227511
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0155459
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0382970
IRS990ScheduleD/ExpensesSubtotalAmt04618372
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0100000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0100000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt071774
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt045898
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0117672
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0250419
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt181616
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt249568
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt329632
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt427487
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED OUTFLOWS RELATED TO PENSION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1NET PENSION LIABILITY - TCRS - LEGAC
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2NET PENSION LIABILITY - TCRS - NET P
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3DEFERRED OUTFLOWS RELATED TO PENSION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4STABILIZATION TRUST CONTRIBUTIONS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0168269
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05445
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0173714
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0127869
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt112670
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED INFLOWS RELATED TO PENSIONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED INFLOWS RELATED TO PENSIONS
IRS990ScheduleD/RevenueSubtotalAmt05129363
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05065224
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0438722
IRS990ScheduleD/TotalExpensesPerForm990Amt04618372
IRS990ScheduleD/TotalLiabilityAmt0140539
IRS990ScheduleD/TotalRevenuePerForm990Amt05129363
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05129363
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04618372
IRS990ScheduleE/ComplianceWithRevProc7550Ind0false
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/PolicyStmtInBrochuresEtcInd0false
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NONDISCRIMINATION POLICY IS PUBLISHED ON THE ORGANIZATIONS WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1EMERALD CHARTER SCHOOLS RECEIVES FEDERAL TITLE I FUNDING, STATE FUNDING THROUGH THE TENNESSEE BASIC EDUCATION PROGRAM AND KNOX COUNTY, TENNESSEE LOCAL TAX REVENUE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2EMERALD CHARTER SCHOOLS INCLUDES ITS RACIALLY NONDISCRIMINATORY POLICY ON MOST WRITTEN COMMUNICATIONS DEALING WITH STUDENT ADMISSIONS, PROGRAMS AND SCHOLARSHIPS. EMERALD CHARTER SCHOOLS, OPERATES A PUBLIC CHARTER SCHOOL AS PART OF THE STATE OF TENNESSEE'S PUBLIC EDUCATION PROGRAM. STUDENT ADMISSION IS BASED ON A RANDOM DRAWING FROM ALL APPLICANTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, LINE 7
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd1false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02015-05-01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt12015-12-02
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt03600000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt1500000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0EDUCATIONAL REVENUE BONDS
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt1EDUCATIONAL REVENUE BONDS
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd1false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd1false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,646,921
Liabilities
$4,613,243
Net assets
$1,033,678
Revenue
$5,129,363
Expenses
$4,618,372
Net income
$510,991
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.61$4.41$3.20$7.22$7.32$0.10
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.82$4.52$3.30$7.11$6.97$0.14
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.33$4.39$2.94$6.57$6.19$0.38
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.65$5.09$2.56$5.60$5.31$0.29
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.11$4.84$2.27$6.29$4.97$1.32
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.45$5.50$0.95$5.03$5.11$0.08
2019Detailed filing. Detailed filing data is available for this year.$5.65$4.61$1.03$5.13$4.62$0.51
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.71$5.09$0.62$3.77$3.85$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.64$4.95$0.69$2.63$2.88$0.26
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.57$4.62$0.95$1.17$1.89$0.71
2015Detailed filing. Detailed filing data is available for this year.$6.58$4.91$1.66$2.21$0.55$1.66