Civic Intelligence

Emerald Charter Schools

990 • Fiscal year 2021 • EIN 46-4687417

Jul 01, 2020 to Jun 30, 2021 • Filed on Mar 08, 2022

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

86th percentile

0.68x

Higher debt load relative to assets than 86% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

80th percentile

0.77x

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

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

64th percentile

21%

Higher net margin than 64% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

51st percentile

10%

Faster asset growth than 51% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

65th percentile

25%

Faster revenue growth than 65% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$7,107,361

Up $655,318 (+10%) from 2020

Net Assets

Up

$2,270,045

Up $1,318,386 (+139%) from 2020

Liabilities

Down

$4,837,316

Down $663,068 (-12%) from 2020

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin64th percentile

Revenue

Up

$6,290,913

Up $1,258,005 (+25%) from 2020

Expenses

Down

$4,972,527

Down $142,400 (-2.8%) from 2020

Net Income

Up

$1,318,386

Up $1,400,405 (+1707%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth51st 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

2021

Assets$7,107,361
Liabilities$4,837,316
Net Assets$2,270,045
Open 2021 Filing

Operations Trend

Revenue Growth65th 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

2021

Revenue$6,290,913
Expenses$4,972,527
Net Income$1,318,386
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Mar 8, 2022
Return Version
2020v4.0
Gross Receipts
$6,290,913
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$4,973,321$4,901,361▼ $71,960
Cash and Non-Interest-Bearing Accounts$698,690$1,370,644▲ $671,954
Pledges and Grants Receivable$107,385$193,209▲ $85,824
Prepaid Expenses and Deferred Charges$12,232$29,554▲ $17,322
Total Assets$6,452,043$7,107,361▲ $655,318
Other Assets Total$660,415$612,593▼ $47,822
Liabilities
Tax Exempt Bond Liabilities$4,094,875$4,394,875▲ $300,000
Unsecured Notes Loans Payable$745,527--
Mortgage Notes Payable Secured by Investment Property$300,000--
Accounts Payable and Accrued Expenses$74,540$166,477▲ $91,937
Other Liabilities$285,442$153,059▼ $132,383
Deferred Revenue-$122,905-
Total Liabilities$5,500,384$4,837,316▼ $663,068
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$418,258$1,593,967▲ $1,175,709
Net Assets With Donor Restrictions$533,401$676,078▲ $142,677
Total Net Assets Fund Balance$951,659$2,270,045▲ $1,318,386
Total Liabilities and Net Assets / Fund Balance$6,452,043$7,107,361▲ $655,318

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,466,214$686,758$5,152,972
Equipment$217,361$229,896$447,257
Leasehold Improvements$48,239$69,433$117,672
Land$110,000-$110,000
Other Land Buildings$59,547$12,667$72,214
Other Assets Org$44,121--
Compensation and Service Providers
Top Officer Pay22nd percentile

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$5,509,371
Program Service Revenue
$0
Investment Income
$17,287
Other Revenue
$764,255
All Other Contributions
$1,050,924
Change in Net Assets
$1,318,386

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,290,913
Total Revenue per Audited Statements
$6,290,913
Total Revenue per Form 990
$6,290,913
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,620,835
Other Expenses$1,351,692
Total Fundraising Expense$17,618
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,838,827$98,702-$2,937,529
Other Employee Benefits$301,468$7,972-$309,440
All Other Expenses$273,965$24,266$770$299,001
Fees for Services Accounting$170,815$43,751$13,300$227,866
Payroll Taxes$206,405$7,134-$213,539
Depreciation Depletion$183,763--$183,763
Occupancy$163,782--$163,782
Pension Plan Contributions$154,617$5,710-$160,327
Office Expenses$51,541$4,714$275$56,530
Insurance$11,105$42,281-$53,386
Information Technology$43,234$9,194-$52,428
Other Expenses$50,501$449-$50,501
Interest--$3,273$3,273
Fees for Services Other$2,000--$2,000
Travel$39--$39
Total Functional Expenses$4,710,736$244,173$17,618$4,972,527

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,972,527
Total Expenses per Audited Statements$4,972,527
Total Expenses per Form 990$4,972,527
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 Pension Inflows - Tcrs - De$121,504
Deferred Pension Inflows - Tcrs - De$31,555

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 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
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
2022-03-08

Organization Details

Principal Officer
Steve Diggs
Formed
2014
Legal Domicile
Tn
Voting Board Members
7
Independent Board Members
7
Employees
129
Volunteers
59

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 take, and as such, does not have any uncertain tax positions that are material to the financial statements.”

Raw XML AppendixShowing 400 of 506 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/BOYAmt074540
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0166477
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/AllOtherContributionsAmt01050924
IRS990/AllOtherExpensesGrp/FundraisingAmt0770
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt024266
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0273965
IRS990/AllOtherExpensesGrp/TotalAmt0299001
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/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0698690
IRS990/CashNonInterestBearingGrp/EOYAmt01370644
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt05509371
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt017287
IRS990/CYOtherExpensesAmt01351692
IRS990/CYOtherRevenueAmt0764255
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt01318386
IRS990/CYSalariesCompEmpBnftPaidAmt03620835
IRS990/CYTotalExpensesAmt04972527
IRS990/CYTotalFundraisingExpenseAmt017618
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt06290913
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt0122905
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0183763
IRS990/DepreciationDepletionGrp/TotalAmt0183763
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/DonorRestrictionNetAssetsGrp/BOYAmt0533401
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0676078
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0129
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt04710736
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FederatedCampaignsAmt058682
IRS990/FeesForServicesAccountingGrp/FundraisingAmt013300
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt043751
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0170815
IRS990/FeesForServicesAccountingGrp/TotalAmt0227866
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt02000
IRS990/FeesForServicesOtherGrp/TotalAmt02000
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/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/PersonNm0STEVE DIGGS
IRS990/Form990PartVIISectionAGrp/PersonNm1RANDY GIBSON
IRS990/Form990PartVIISectionAGrp/PersonNm2KALA GRAY
IRS990/Form990PartVIISectionAGrp/PersonNm3ED HEDGEPETH
IRS990/Form990PartVIISectionAGrp/PersonNm4TIM MCELMORE
IRS990/Form990PartVIISectionAGrp/PersonNm5SANFORD MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm6ALVIN NANCE
IRS990/Form990PartVIISectionAGrp/PersonNm7JANENE NORDIN
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/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt04399765
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt06290913
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt09194
IRS990/InformationTechnologyGrp/ProgramServicesAmt043234
IRS990/InformationTechnologyGrp/TotalAmt052428
IRS990/InsuranceGrp/ManagementAndGeneralAmt042281
IRS990/InsuranceGrp/ProgramServicesAmt011105
IRS990/InsuranceGrp/TotalAmt053386
IRS990/InterestGrp/FundraisingAmt03273
IRS990/InterestGrp/TotalAmt03273
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt017287
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt017287
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0998754
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04973321
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04901361
IRS990/LandBldgEquipCostOrOtherBssAmt05900115
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/BOYAmt0300000
IRS990/NetAssetsOrFundBalancesBOYAmt0951659
IRS990/NetAssetsOrFundBalancesEOYAmt02270045
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0418258
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01593967
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0163782
IRS990/OccupancyGrp/TotalAmt0163782
IRS990/OfficeExpensesGrp/FundraisingAmt0275
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04714
IRS990/OfficeExpensesGrp/ProgramServicesAmt051541
IRS990/OfficeExpensesGrp/TotalAmt056530
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0660415
IRS990/OtherAssetsTotalGrp/EOYAmt0612593
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07972
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0301468
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0309440
IRS990/OtherExpensesGrp/Desc0BUS SERVICES
IRS990/OtherExpensesGrp/Desc1CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc2SPECIAL EDUCATION CLINICI
IRS990/OtherExpensesGrp/Desc3SUPPLIES & MATERIALS:CURR
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0449
IRS990/OtherExpensesGrp/ProgramServicesAmt0116500
IRS990/OtherExpensesGrp/ProgramServicesAmt188734
IRS990/OtherExpensesGrp/ProgramServicesAmt253440
IRS990/OtherExpensesGrp/ProgramServicesAmt350501
IRS990/OtherExpensesGrp/TotalAmt0116500
IRS990/OtherExpensesGrp/TotalAmt189183
IRS990/OtherExpensesGrp/TotalAmt253440
IRS990/OtherExpensesGrp/TotalAmt350501
IRS990/OtherLiabilitiesGrp/BOYAmt0285442
IRS990/OtherLiabilitiesGrp/EOYAmt0153059
IRS990/OtherRevenueMiscGrp/Desc0LOAN FORGIVNESS
IRS990/OtherRevenueMiscGrp/Desc1GIFTS IN KIND
IRS990/OtherRevenueMiscGrp/Desc2VENDING & SMALL SALES INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0745527
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt118175
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt2553
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0745527
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt118175
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2553
IRS990/OtherRevenueTotalAmt0764255
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt098702
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02838827
IRS990/OtherSalariesAndWagesGrp/TotalAmt02937529
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07134
IRS990/PayrollTaxesGrp/ProgramServicesAmt0206405
IRS990/PayrollTaxesGrp/TotalAmt0213539
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05710
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0154617
IRS990/PensionPlanContributionsGrp/TotalAmt0160327
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0107385
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0193209
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012232
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt029554
IRS990/PrincipalOfficerNm0STEVE DIGGS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt05021737
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02124
IRS990/PYOtherExpensesAmt01321707
IRS990/PYOtherRevenueAmt09047
IRS990/PYRevenuesLessExpensesAmt0-82019
IRS990/PYSalariesCompEmpBnftPaidAmt03793220
IRS990/PYTotalExpensesAmt05114927
IRS990/PYTotalRevenueAmt05032908
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01318386
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/BookValueAmt04466214
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0686758
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05152972
IRS990ScheduleD/EquipmentGrp/BookValueAmt0217361
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0229896
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0447257
IRS990ScheduleD/ExpensesSubtotalAmt04972527
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0110000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0110000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt048239
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt069433
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0117672
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0233135
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1170270
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt298761
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt366306
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt444121
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0NET PENSION ASSET(LIABILITY) - TCRS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEFERRED OUTFLOWS RELATED TO PENSION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2STABILIZATION TRUST CONTRIBUTIONS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3NET PENSION ASSET(LIABILITY) - TCRS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4DEFERRED OUTFLOWS RELATED TO PENSION
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt059547
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt012667
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt072214
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0121504
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt131555
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED PENSION INFLOWS - TCRS - DE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED PENSION INFLOWS - TCRS - DE
IRS990ScheduleD/RevenueSubtotalAmt06290913
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKE, 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/TotalBookValueLandBuildingsAmt04901361
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0612593
IRS990ScheduleD/TotalExpensesPerForm990Amt04972527
IRS990ScheduleD/TotalLiabilityAmt0153059
IRS990ScheduleD/TotalRevenuePerForm990Amt06290913
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06290913
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04972527
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
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd1false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$7,107,361
Liabilities
$4,837,316
Net assets
$2,270,045
Revenue
$6,290,913
Expenses
$4,972,527
Net income
$1,318,386
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
2021Detailed filing. Detailed filing data is available for this year.$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
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$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