Civic Intelligence

Charlotte Lab Schools Inc

990 • Fiscal year 2019 • EIN 47-1006252

Jul 01, 2018 to Jun 30, 2019 • Filed on Oct 24, 2019

Organization ProfileWWW.CHARLOTTELABSCHOOL.ORG

View Organization Page

301 East 9th StreetCharlotte, NC 28202

(646) 320-0261

Siviq Scores

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

Liabilities / Assets

56th percentile

0.41x

Higher debt load relative to assets than 56% of similar nonprofits.

2019 filings • NTEE B • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

38th percentile

0.10x

Higher debt load relative to revenue than 38% of similar nonprofits.

2019 filings • NTEE B • $5M-$10M nonprofits • Source year 2019

Net Margin

72nd percentile

10%

Higher net margin than 72% of similar nonprofits.

2019 filings • NTEE B • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

33rd percentile

$86,873

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2019 filings • NTEE B • $5M-$10M nonprofits • Source year 2019

Asset Growth

72nd percentile

16%

Faster asset growth than 72% of similar nonprofits.

2019 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

84th percentile

28%

Faster revenue growth than 84% of similar nonprofits.

2019 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$1,504,629

Up $212,808 (+16%) from 2018

Net Assets

Up

$884,191

Up $608,096 (+220%) from 2018

Liabilities

Down

$620,438

Down $395,288 (-39%) from 2018

Revenue And Expenses
Liabilities / Revenue38th percentileNet Margin72nd percentile

Revenue

Up

$6,008,884

Up $1,302,095 (+28%) from 2018

Expenses

Up

$5,400,788

Up $428,617 (+8.6%) from 2018

Net Income

Up

$608,096

Up $873,478 (+329%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth72nd percentile

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

$20M$15M$10M$5.0M$0Assets 2015: $766,146Liabilities 2015: $282,038Net Assets 2015: $484,1082015Assets 2016: $1,222,281Liabilities 2016: $589,522Net Assets 2016: $632,7592016Assets 2017: $1,225,537Liabilities 2017: $533,171Net Assets 2017: $692,3662017Assets 2018: $1,291,821Liabilities 2018: $1,015,726Net Assets 2018: $276,0952018Assets 2019: $1,504,629Liabilities 2019: $620,438Net Assets 2019: $884,1912019Assets 2020: $2,464,238Liabilities 2020: $1,299,685Net Assets 2020: $1,164,5532020Assets 2021: $2,473,798Liabilities 2021: $1,306,173Net Assets 2021: $1,167,6252021Assets 2022: $2,692,483Liabilities 2022: $1,217,000Net Assets 2022: $1,475,4832022Assets 2023: $5,116,016Liabilities 2023: $4,204,753Net Assets 2023: $911,2632023Assets 2024: $17,131,146Liabilities 2024: $16,890,647Net Assets 2024: $240,4992024

Highlighted filing

2019

Assets$1,504,629
Liabilities$620,438
Net Assets$884,191
Open 2019 Filing

Operations Trend

Revenue Growth84th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2015: $569,288Expenses 2015: $55,408Net Income 2015: $513,8802015Revenue 2016: $2,875,950Expenses 2016: $2,645,293Net Income 2016: $230,6572016Revenue 2017: $3,627,465Expenses 2017: $3,567,857Net Income 2017: $59,6082017Revenue 2018: $4,706,789Expenses 2018: $4,972,171Net Income 2018: -$265,3822018Revenue 2019: $6,008,884Expenses 2019: $5,400,788Net Income 2019: $608,0962019Revenue 2020: $6,727,210Expenses 2020: $6,446,848Net Income 2020: $280,3622020Revenue 2021: $9,342,978Expenses 2021: $9,339,907Net Income 2021: $3,0712021Revenue 2022: $11,288,190Expenses 2022: $10,980,332Net Income 2022: $307,8582022Revenue 2023: $11,347,740Expenses 2023: $11,619,720Net Income 2023: -$271,9802023Revenue 2024: $11,481,580Expenses 2024: $12,152,344Net Income 2024: -$670,7642024

Highlighted filing

2019

Revenue$6,008,884
Expenses$5,400,788
Net Income$608,096
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Oct 24, 2019
Return Version
2018v3.1
Gross Receipts
$6,008,884
Mission and Program Overview

Mission

The mission of the charlotte lab school is to redesign the school experience to better prepare students for success in college and career and to serve, through community partnerships, as a model for innovative practices in teaching and leadership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,092,673$1,062,091▼ $30,582
Loans From Officers Directors$183,589$183,589→ $0
Cash and Non-Interest-Bearing Accounts$44,210$118,983▲ $74,773
Savings and Temporary Cash Investments$73,606--
Prepaid Expenses and Deferred Charges$824$71,686▲ $70,862
Pledges and Grants Receivable$28,376$9,369▼ $19,007
Total Assets$1,291,821$1,504,629▲ $212,808
Other Assets Total$52,132$242,500▲ $190,368
Liabilities
Other Liabilities$184,391$188,103▲ $3,712
Mortgage Notes Payable Secured by Investment Property$339,925$139,782▼ $200,143
Unsecured Notes Loans Payable$250,000$89,980▼ $160,020
Accounts Payable and Accrued Expenses$57,821$18,984▼ $38,837
Total Liabilities$1,015,726$620,438▼ $395,288
Net Assets / Fund Balance
Unrestricted Net Assets$276,095$884,191▲ $608,096
Total Net Assets Fund Balance$276,095$884,191▲ $608,096
Total Liabilities and Net Assets / Fund Balance$1,291,821$1,504,629▲ $212,808

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,062,091$106,173$1,168,264
Other Assets Org$52,132--
Compensation and Service Providers
Top Officer Pay33rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Dr Mary MossExecutive DiFT$86,873$86,873

Board Members and Trustees

NameTitle
Tom MurrayChair
Brett BlumenthalBoard Member
Dean EmmertonBoard Member
Ed MartinezBoard Member
Krista LewisBoard Member
Lindsay ThompsonBoard Member
Nicholas ClavinBoard Member
Nicholas TriplettBoard Member
Nicole MottersheadBoard Member
Paola PilonietaBoard Member
Rashidah MorganBoard Member
Susan McbarnetBoard Member
Sarah BordySecretary
Casey RentchTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,949,997
Program Service Revenue
$57,627
Investment Income
$1,260
Other Revenue
$0
All Other Contributions
$399,854
Change in Net Assets
$608,096

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,008,884
Total Revenue per Audited Statements
$6,008,884
Total Revenue per Form 990
$6,008,884
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,436,053
Other Expenses$1,964,735
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,865,185$32,003-$2,897,188
Occupancy$13,468$743,391-$756,859
Fees for Services Other$301,177$382,458-$683,635
Other Employee Benefits$536,417$2,448-$538,865
Office Expenses$115,640$26,006-$141,646
Travel$4,563$58,741-$63,304
Depreciation Depletion$57,795--$57,795
Information Technology$31,305$2,289-$33,594
Insurance-$19,464-$19,464
Interest-$10,339-$10,339
Other Expenses$12,702$7,967-$7,967
All Other Expenses$668$6,776-$7,444
Advertising-$4,754-$4,754
Fees for Services Legal-$1,400-$1,400
Fees for Services Accounting-$567-$567
Total Functional Expenses$4,097,151$1,303,637$0$5,400,788

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,400,788
Total Expenses per Audited Statements$5,400,788
Total Expenses per Form 990$5,400,788
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$183,589$183,589→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Reimbursement Payables$188,103
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The board's financial committee will review the form 990 prior to filing.”

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

“The organization requires board members review the policy prior to joining the baord and annually by submitting a signed form indicating they will follow the conflict of interest policies in place.”

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

“The board of directors reviews and approves the compensation of the organization's officers and key employees.”

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

“The board of directors reviews and approves the compensation of the organization's officers and key employees.”

Form 990, Page 6, Part VI, Line 19

“All documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Charlotte Lab Schools Inc
EIN
47-1006252
Phone
6463200261
Address
301 EAST 9TH STREET, CHARLOTTE, NC 28202

Signing Officer

Name
Dr Mary Moss
Title
Executive Director
Phone
7044643830
Signed
2019-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Mary Moss
Formed
2014
Legal Domicile
Nc
Voting Board Members
14
Independent Board Members
14
Employees
108
Volunteers
250

Preparer

Firm
Rives & Associates Llp
Address
4515 FALLS OF NEUSE ROAD SUITE 450, RALEIGH, NC 27609
Preparer
Megan Rushford CPA
Phone
9198326848
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The mission of the charlotte lab school is to redesign the school experience to better prepare students for success in college and career and to serve, through community partnerships, as a model for innovative practices in teaching and leadership.”

Form 990, Part IX, Line 11G

“Other contracted services 296,227 321,732 0 psychological 4,950 0 0 contracted repairs 0 60,726 0 total 301,177 382,458 0”

Form 990, Part XI, Line 9

“Fundraising 0 fundraising 0 restatement 0”

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

“FUNDRAISING 0”

Schedule D, Page 4, Part XII, Line 2D

“FUNDRAISING 0”

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IRS990/LandBldgEquipCostOrOtherBssAmt01168264
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0183589
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0183589
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MISSION OF THE CHARLOTTE LAB SCHOOL IS TO REDESIGN THE SCHOOL EXPERIENCE TO BETTER PREPARE STUDENTS FOR SUCCESS IN COLLEGE AND CAREER AND TO SERVE, THROUGH COMMUNITY PARTNERSHIPS, AS A MODEL FOR INNOVATIVE PRACTICES IN TEACHING AND LEADERSHIP.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0339925
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0139782
IRS990/NetAssetsOrFundBalancesBOYAmt0276095
IRS990/NetAssetsOrFundBalancesEOYAmt0884191
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0743391
IRS990/OccupancyGrp/ProgramServicesAmt013468
IRS990/OccupancyGrp/TotalAmt0756859
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt026006
IRS990/OfficeExpensesGrp/ProgramServicesAmt0115640
IRS990/OfficeExpensesGrp/TotalAmt0141646
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt052132
IRS990/OtherAssetsTotalGrp/EOYAmt0242500
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02448
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0536417
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0538865
IRS990/OtherExpensesGrp/Desc0NON-CAPITALIZED EQUIPMENT
IRS990/OtherExpensesGrp/Desc1FIELD TRIPS
IRS990/OtherExpensesGrp/Desc2SALES TAX
IRS990/OtherExpensesGrp/Desc3BANK SERVICE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05034
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17967
IRS990/OtherExpensesGrp/ProgramServicesAmt0119433
IRS990/OtherExpensesGrp/ProgramServicesAmt138798
IRS990/OtherExpensesGrp/ProgramServicesAmt212702
IRS990/OtherExpensesGrp/TotalAmt0124467
IRS990/OtherExpensesGrp/TotalAmt138798
IRS990/OtherExpensesGrp/TotalAmt212702
IRS990/OtherExpensesGrp/TotalAmt37967
IRS990/OtherLiabilitiesGrp/BOYAmt0184391
IRS990/OtherLiabilitiesGrp/EOYAmt0188103
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt032003
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02865185
IRS990/OtherSalariesAndWagesGrp/TotalAmt02897188
IRS990/PartialLiquidationInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt028376
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt09369
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0824
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt071686
IRS990/PrincipalOfficerNm0DR MARY MOSS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0FOOD SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1AFTER SCHOOL SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt057444
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1183
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt057444
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1183
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04524098
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0916
IRS990/PYOtherExpensesAmt01766234
IRS990/PYOtherRevenueAmt099542
IRS990/PYProgramServiceRevenueAmt082233
IRS990/PYRevenuesLessExpensesAmt0-265382
IRS990/PYSalariesCompEmpBnftPaidAmt03205937
IRS990/PYTotalExpensesAmt04972171
IRS990/PYTotalRevenueAmt04706789
IRS990/ReconcilationRevenueExpnssAmt0608096
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0318400
IRS990/SavingsAndTempCashInvstGrp/BOYAmt073606
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt05400788
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01062091
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0106173
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01168264
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0190368
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt152132
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM OTHER GOVERNMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0188103
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REIMBURSEMENT PAYABLES
IRS990ScheduleD/RevenueSubtotalAmt06008884
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING 0
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING 0
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01062091
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0242500
IRS990ScheduleD/TotalExpensesPerForm990Amt05400788
IRS990ScheduleD/TotalLiabilityAmt0188103
IRS990ScheduleD/TotalRevenuePerForm990Amt06008884
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06008884
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05400788
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/ExplanationTxt0CHARLOTTE LAB SCHOOL IS A PUBLIC CHARTER SCHOOL AND IS NOT REQUIRED TO FILE FORM 5578. THEREFORE, SCHEDULE E IS NOT APPLICABLE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1CHARLOTTE LAB SCHOOL IS A PUBLIC CHARTER SCHOOL AND IS NOT REQUIRED TO FILE FORM 5578. THEREFORE, SCHEDULE E IS NOT APPLICABLE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL OPERATES UNDER AN APPROVED CHARTER RECEIVED FROM THE SBE, AND APPLIED FOR UNDER THE PROVISIONS OF GENERAL STATUTE (G.S.) 115C-238.29B. ACCORDINGLY, IT RECIEVES BOTH FEDERAL AND STATE FUNDING AS ITS PRIMARY MEANS OF SUPPORT.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0133589
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt150000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0CONSTRUCTION LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1BRIDGE LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0200000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt150000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0LOAN- MOSS FAMILY TRUST
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1LOAN - TOM MURRAY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0FAMILY-HEAD OF SCHOO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1BOARD CHAIR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/TotalBalanceDueAmt0183589
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF THE CHARLOTTE LAB SCHOOL IS TO REDESIGN THE SCHOOL EXPERIENCE TO BETTER PREPARE STUDENTS FOR SUCCESS IN COLLEGE AND CAREER AND TO SERVE, THROUGH COMMUNITY PARTNERSHIPS, AS A MODEL FOR INNOVATIVE PRACTICES IN TEACHING AND LEADERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD'S FINANCIAL COMMITTEE WILL REVIEW THE FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REQUIRES BOARD MEMBERS REVIEW THE POLICY PRIOR TO JOINING THE BAORD AND ANNUALLY BY SUBMITTING A SIGNED FORM INDICATING THEY WILL FOLLOW THE CONFLICT OF INTEREST POLICIES IN PLACE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OTHER CONTRACTED SERVICES 296,227 321,732 0 PSYCHOLOGICAL 4,950 0 0 CONTRACTED REPAIRS 0 60,726 0 TOTAL 301,177 382,458 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FUNDRAISING 0 FUNDRAISING 0 RESTATEMENT 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false

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
$1,504,629
Liabilities
$620,438
Net assets
$884,191
Revenue
$6,008,884
Expenses
$5,400,788
Net income
$608,096
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.1$16.9$0.24$11.5$12.2$0.67
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.12$4.20$0.91$11.3$11.6$0.27
2022Detailed filing. Detailed filing data is available for this year.$2.69$1.22$1.48$11.3$11.0$0.31
2021Detailed filing. Detailed filing data is available for this year.$2.47$1.31$1.17$9.34$9.34$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.46$1.30$1.16$6.73$6.45$0.28
2019Detailed filing. Detailed filing data is available for this year.$1.50$0.62$0.88$6.01$5.40$0.61
2018Detailed filing. Detailed filing data is available for this year.$1.29$1.02$0.28$4.71$4.97$0.27
2017Detailed filing. Detailed filing data is available for this year.$1.23$0.53$0.69$3.63$3.57$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.22$0.59$0.63$2.88$2.65$0.23
2015Summary only. Only limited summary data is available for this year.$0.77$0.28$0.48$0.57$0.06$0.51