Civic Intelligence

New Horizons Elementary School

990 • Fiscal year 2024 • EIN 56-1380587

Aug 01, 2023 to Jul 31, 2024 • Filed on Nov 25, 2024

Organization Profilewww.newhorizonselementary.org
3705 South College RdWilmington, NC 28412

(910) 392-5209

Siviq Scores

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

Liabilities / Assets

90th percentile

0.73x

Higher debt load relative to assets than 90% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

0.92x

Higher debt load relative to revenue than 88% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

32nd percentile

-3.0%

Higher net margin than 32% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

72nd percentile

$115,073

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 9.7% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

64th percentile

9.8%

Faster asset growth than 64% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

49th percentile

7.6%

Faster revenue growth than 49% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$1,504,989

Up $134,853 (+9.8%) from 2023

Net Assets

Down

$407,616

Down $46,288 (-10%) from 2023

Liabilities

Up

$1,097,373

Up $181,141 (+20%) from 2023

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin32nd percentile

Revenue

Up

$1,191,293

Up $84,423 (+7.6%) from 2023

Expenses

Up

$1,227,456

Up $68,540 (+5.9%) from 2023

Net Income

Up

-$36,163

Up $15,883 (+31%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth64th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,140,787Liabilities 2010: $693,151Net Assets 2010: $447,6362010Assets 2011: $989,962Liabilities 2011: $521,638Net Assets 2011: $468,3242011Assets 2012: $976,321Liabilities 2012: $515,233Net Assets 2012: $461,0882012Assets 2013: $1,114,149Liabilities 2013: $589,145Net Assets 2013: $525,0042013Assets 2014: $1,115,236Liabilities 2014: $533,699Net Assets 2014: $581,5372014Assets 2015: $1,094,748Liabilities 2015: $474,638Net Assets 2015: $620,1102015Assets 2016: $1,073,220Liabilities 2016: $505,080Net Assets 2016: $568,1402016Assets 2017: $1,052,241Liabilities 2017: $512,237Net Assets 2017: $540,0042017Assets 2018: $1,068,285Liabilities 2018: $530,880Net Assets 2018: $537,4052018Assets 2019: $1,103,023Liabilities 2019: $625,043Net Assets 2019: $477,9802019Assets 2020: $1,107,098Liabilities 2020: $682,438Net Assets 2020: $424,6602020Assets 2021: $1,297,373Liabilities 2021: $917,310Net Assets 2021: $380,0632021Assets 2022: $1,677,658Liabilities 2022: $1,171,708Net Assets 2022: $505,9502022Assets 2023: $1,370,136Liabilities 2023: $916,232Net Assets 2023: $453,9042023Assets 2024: $1,504,989Liabilities 2024: $1,097,373Net Assets 2024: $407,6162024Assets 2025: $1,601,670Liabilities 2025: $895,960Net Assets 2025: $705,7102025

Highlighted filing

2024

Assets$1,504,989
Liabilities$1,097,373
Net Assets$407,616
Open 2024 Filing

Operations Trend

Revenue Growth49th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $661,2972010Expenses 2011: $725,4522011Revenue 2012: $745,837Expenses 2012: $753,073Net Income 2012: -$7,2362012Expenses 2013: $741,0312013Revenue 2014: $782,478Expenses 2014: $725,945Net Income 2014: $56,5332014Revenue 2015: $712,305Expenses 2015: $673,732Net Income 2015: $38,5732015Revenue 2016: $698,648Expenses 2016: $746,808Net Income 2016: -$48,1602016Revenue 2017: $756,401Expenses 2017: $788,972Net Income 2017: -$32,5712017Revenue 2018: $788,886Expenses 2018: $791,485Net Income 2018: -$2,5992018Revenue 2019: $786,938Expenses 2019: $846,363Net Income 2019: -$59,4252019Revenue 2020: $868,890Expenses 2020: $922,210Net Income 2020: -$53,3202020Revenue 2021: $936,308Expenses 2021: $980,905Net Income 2021: -$44,5972021Revenue 2022: $951,421Expenses 2022: $938,374Net Income 2022: $13,0472022Revenue 2023: $1,106,870Expenses 2023: $1,158,916Net Income 2023: -$52,0462023Revenue 2024: $1,191,293Expenses 2024: $1,227,456Net Income 2024: -$36,1632024Revenue 2025: $1,553,319Expenses 2025: $1,255,947Net Income 2025: $297,3722025

Highlighted filing

2024

Revenue$1,191,293
Expenses$1,227,456
Net Income-$36,163
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2023 to Jul 31, 2024
Signed
Nov 25, 2024
Return Version
2023v5.1
Gross Receipts
$1,194,325
Mission and Program Overview

Mission

Kindergarten through Grade 5 education.

Kindergarten through Grade 5 education

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$508,755$573,469▲ $64,714
Cash and Non-Interest-Bearing Accounts$415,660$489,599▲ $73,939
Savings and Temporary Cash Investments$422,720$428,771▲ $6,051
Accounts Receivable$5,588$9,148▲ $3,560
Total Assets$1,370,136$1,504,989▲ $134,853
Other Assets Total$17,413$4,002▼ $13,411
Liabilities
Deferred Revenue$588,343$790,644▲ $202,301
Mortgage Notes Payable Secured by Investment Property$325,574$301,934▼ $23,640
Accounts Payable and Accrued Expenses$2,315$4,795▲ $2,480
Total Liabilities$916,232$1,097,373▲ $181,141
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$453,904$407,616▼ $46,288
Total Net Assets Fund Balance$453,904$407,616▼ $46,288
Total Liabilities and Net Assets / Fund Balance$1,370,136$1,504,989▲ $134,853

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$337,750$395,224$732,974
Leasehold Improvements$114,415$131,224$245,639
Equipment$28,554$73,278$101,832
Land$92,750-$92,750
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Amanda JacobsSchool DirectorFT$92,300$22,773$115,073
Christina SatterfieldBoard Member-$52,295$8,922$61,217

Board Members and Trustees

NameTitle
Kimi HemmingwayBoard Chair
Amanda DAngeloBoard Member
David PowersBoard Member
Hal KitchenBoard Member
Liz CarrollBoard Member
Marilyn RushSecretary
Carrie RankinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$8,969
Program Service Revenue
$1,161,559
Investment Income
$6,226
Other Revenue
$14,539
All Other Contributions
$6,469
Change in Net Assets
$-36,163
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$853,598
Other Expenses$373,858
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$610,088$86,378-$696,466
Other Employee Benefits$81,646$11,557-$93,203
Payroll Taxes$48,659$6,888-$55,547
Occupancy$38,889--$38,889
Information Technology$32,481--$32,481
Depreciation Depletion$30,461--$30,461
Insurance-$26,138-$26,138
Fees for Services Other$11,985$120-$12,105
Office Expenses$11,631--$11,631
All Other Expenses$10,971--$10,971
Interest$9,721--$9,721
Fees for Services Accounting-$9,000-$9,000
Pension Plan Contributions$7,343$1,039-$8,382
Advertising-$3,620-$3,620
Other Expenses$2,225$315-$2,540
Total Functional Expenses$1,082,401$145,055$0$1,227,456
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$14,783
Fundraising Direct Expenses$3,032
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Flannel Fest$13,664$11,164$1,944$9,220
Total Events$13,664$11,164$3,033$8,131
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Committee meeting documentation Part VI line 8B

“There are no committees on the Board of Directors.”

Form 990 governing body review Part VI line 11

“All board members are notified that the 990 draft is available and are encouraged to review and make comments. All recommendations and adjustments reviewed with CPA firm in collaboration on Final 990.”

Conflict of interest policy compliance Part VI line 12C

“At the beginning of each fiscal year, the board is reminded of the conflict of interest policy and board members are requested to inform the chairperson as soon as they believe a potential conflict of interest has arisen. Board members are required to sign the policy on an annual basis and signed copies are maintained.”

CEO executive director top management comp Part VI line 15A

“All faculty wages are reviewed by the independent members of the board. Criteria for determining wage rates are years of service and level of service.”

Other officer or key employee compensation Part VI line 15B

“All faculty wages are reviewed by the independent members of the Board. Criteria for determining wage rates are years of service, level of service, and comparability data from the NC Public Schools.”

Governing documents etc available to public Part VI line 19

“Information is available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
New Horizons Elementary School
EIN
56-1380587
Address
3705 South College Rd, Wilmington, NC 28412

Signing Officer

Name
Carrie Rankin
Title
Board Treasurer
Phone
8453237882
Signed
2024-11-25
Discuss with paid preparer
No

Organization Details

Principal Officer
Carrie Rankin
Formed
1983
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
7
Employees
20
Volunteers
475

Preparer

Firm
Donna Meacham CPA
Address
3205 Bougainville Way, Wilmington, NC 28409
Preparer
Donna Meacham CPA
Phone
9102975603
Raw XML AppendixShowing 400 of 452 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/BOYAmt02315
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04795
IRS990/AccountsReceivableGrp/BOYAmt05588
IRS990/AccountsReceivableGrp/EOYAmt09148
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Kindergarten through Grade 5 education
IRS990/AdvertisingGrp/ManagementAndGeneralAmt03620
IRS990/AdvertisingGrp/TotalAmt03620
IRS990/AllOtherContributionsAmt06469
IRS990/AllOtherExpensesGrp/ProgramServicesAmt010971
IRS990/AllOtherExpensesGrp/TotalAmt010971
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0Amanda Jacobs
IRS990/BooksInCareOfDetail/PhoneNum09103925209
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03705 South College Road
IRS990/BooksInCareOfDetail/USAddress/CityNm0Wilmington
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028412
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0415660
IRS990/CashNonInterestBearingGrp/EOYAmt0489599
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt02500
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt08969
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt06226
IRS990/CYOtherExpensesAmt0373858
IRS990/CYOtherRevenueAmt014539
IRS990/CYProgramServiceRevenueAmt01161559
IRS990/CYRevenuesLessExpensesAmt0-36163
IRS990/CYSalariesCompEmpBnftPaidAmt0853598
IRS990/CYTotalExpensesAmt01227456
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01191293
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0588343
IRS990/DeferredRevenueGrp/EOYAmt0790644
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt030461
IRS990/DepreciationDepletionGrp/TotalAmt030461
IRS990/Desc0New Horizons limits its class size to 18-20 students per teacher. As such, it educated 106 students in2023/24. New Horizons has developed a learning community that nurtures student achievement and personaldevelopment. Students are valued for their unique gifts and talents. By developing the whole child --socially, emotionally, academically, and ethically -- the program seeks to fulfill its mission of developingleaders one child at a time.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt020
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01082401
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09000
IRS990/FeesForServicesAccountingGrp/TotalAmt09000
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0120
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt011985
IRS990/FeesForServicesOtherGrp/TotalAmt012105
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt63.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt75.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
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/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt022773
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt18922
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0Amanda Jacobs
IRS990/Form990PartVIISectionAGrp/PersonNm1Christina Satterfield
IRS990/Form990PartVIISectionAGrp/PersonNm2Hal Kitchen
IRS990/Form990PartVIISectionAGrp/PersonNm3David Powers
IRS990/Form990PartVIISectionAGrp/PersonNm4Amanda DAngelo
IRS990/Form990PartVIISectionAGrp/PersonNm5Liz Carroll
IRS990/Form990PartVIISectionAGrp/PersonNm6Kimi Hemmingway
IRS990/Form990PartVIISectionAGrp/PersonNm7Carrie Rankin
IRS990/Form990PartVIISectionAGrp/PersonNm8Marilyn Rush
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt092300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt152295
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
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/TitleTxt0School Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt7Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt8Secretary
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01983
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt02500
IRS990/FundraisingDirectExpensesAmt03032
IRS990/FundraisingGrossIncomeAmt014783
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01194325
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt032481
IRS990/InformationTechnologyGrp/TotalAmt032481
IRS990/InsuranceGrp/ManagementAndGeneralAmt026138
IRS990/InsuranceGrp/TotalAmt026138
IRS990/InterestGrp/ProgramServicesAmt09721
IRS990/InterestGrp/TotalAmt09721
IRS990/InvestmentIncomeGrp/ExclusionAmt06226
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06226
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0599726
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0508755
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0573469
IRS990/LandBldgEquipCostOrOtherBssAmt01173195
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Kindergarten through Grade 5 education
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0325574
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0301934
IRS990/NetAssetsOrFundBalancesBOYAmt0453904
IRS990/NetAssetsOrFundBalancesEOYAmt0407616
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt011751
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt011751
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0453904
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0407616
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt038889
IRS990/OccupancyGrp/TotalAmt038889
IRS990/OfficeExpensesGrp/ProgramServicesAmt011631
IRS990/OfficeExpensesGrp/TotalAmt011631
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt017413
IRS990/OtherAssetsTotalGrp/EOYAmt04002
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt011557
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt081646
IRS990/OtherEmployeeBenefitsGrp/TotalAmt093203
IRS990/OtherExpensesGrp/Desc0Field Trip
IRS990/OtherExpensesGrp/Desc1Program SuppliesExpenses
IRS990/OtherExpensesGrp/Desc2BuildingGrounds
IRS990/OtherExpensesGrp/Desc3Payroll Expenses
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0315
IRS990/OtherExpensesGrp/ProgramServicesAmt051231
IRS990/OtherExpensesGrp/ProgramServicesAmt149523
IRS990/OtherExpensesGrp/ProgramServicesAmt285547
IRS990/OtherExpensesGrp/ProgramServicesAmt32225
IRS990/OtherExpensesGrp/TotalAmt051231
IRS990/OtherExpensesGrp/TotalAmt149523
IRS990/OtherExpensesGrp/TotalAmt285547
IRS990/OtherExpensesGrp/TotalAmt32540
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0Credit Card Rewards
IRS990/OtherRevenueMiscGrp/Desc1PY Sales Tax Refunds
IRS990/OtherRevenueMiscGrp/ExclusionAmt0878
IRS990/OtherRevenueMiscGrp/ExclusionAmt11910
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0878
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11910
IRS990/OtherRevenueTotalAmt02788
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt086378
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0610088
IRS990/OtherSalariesAndWagesGrp/TotalAmt0696466
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06888
IRS990/PayrollTaxesGrp/ProgramServicesAmt048659
IRS990/PayrollTaxesGrp/TotalAmt055547
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01039
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt07343
IRS990/PensionPlanContributionsGrp/TotalAmt08382
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Carrie Rankin
IRS990/PriorPeriodAdjustmentsAmt0-10125
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0Tuition Related Fees
IRS990/ProgramServiceRevenueGrp/Desc1After School
IRS990/ProgramServiceRevenueGrp/Desc2Chromebook Fees
IRS990/ProgramServiceRevenueGrp/Desc3Field Trip Fees
IRS990/ProgramServiceRevenueGrp/Desc4Hot Lunch Program
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01034377
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt152232
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt212095
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt345414
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt42099
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01034377
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt152232
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt212095
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt345414
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt42099
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt042173
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03559
IRS990/PYOtherExpensesAmt0381239
IRS990/PYOtherRevenueAmt030114
IRS990/PYProgramServiceRevenueAmt01031024
IRS990/PYRevenuesLessExpensesAmt0-52046
IRS990/PYSalariesCompEmpBnftPaidAmt0777677
IRS990/PYTotalExpensesAmt01158916
IRS990/PYTotalRevenueAmt01106870
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-36163
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01161559
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0422720
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0428771
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0337750
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0395224
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0732974
IRS990ScheduleD/EquipmentGrp/BookValueAmt028554
IRS990ScheduleD/EquipmentGrp/DepreciationAmt073278
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0101832
IRS990ScheduleD/LandGrp/BookValueAmt092750
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt092750
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0114415
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0131224
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0245639
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0573469
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0A statement of non-discrimination appears in the schools advertisements for all students and in the schools informational brochure provided to all prospective student families.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of nondiscriminatory policy (Question 3)
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt02500
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt02500
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt03033
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Flannel Fest
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt01089
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt01089
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt013664
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt013664
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt011164
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt011164
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt08131
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01944
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01944
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0There are no committees on the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All board members are notified that the 990 draft is available and are encouraged to review and make comments. All recommendations and adjustments reviewed with CPA firm in collaboration on Final 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2At the beginning of each fiscal year, the board is reminded of the conflict of interest policy and board members are requested to inform the chairperson as soon as they believe a potential conflict of interest has arisen. Board members are required to sign the policy on an annual basis and signed copies are maintained.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All faculty wages are reviewed by the independent members of the board. Criteria for determining wage rates are years of service and level of service.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All faculty wages are reviewed by the independent members of the Board. Criteria for determining wage rates are years of service, level of service, and comparability data from the NC Public Schools.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Information is available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01370136
IRS990/TotalAssetsEOYAmt01504989
IRS990/TotalAssetsGrp/BOYAmt01370136
IRS990/TotalAssetsGrp/EOYAmt01504989
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt08969
IRS990/TotalEmployeeCnt020
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0145055
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01082401
IRS990/TotalFunctionalExpensesGrp/TotalAmt01227456
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0916232
IRS990/TotalLiabilitiesEOYAmt01097373
IRS990/TotalLiabilitiesGrp/BOYAmt0916232
IRS990/TotalLiabilitiesGrp/EOYAmt01097373
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0453904
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0407616

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,504,989
Liabilities
$1,097,373
Net assets
$407,616
Revenue
$1,191,293
Expenses
$1,227,456
Net income
-$36,163
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.60$0.90$0.71$1.55$1.26$0.30
2024Detailed filing. Detailed filing data is available for this year.$1.50$1.10$0.41$1.19$1.23$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.37$0.92$0.45$1.11$1.16$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.68$1.17$0.51$0.95$0.94$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.30$0.92$0.38$0.94$0.98$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.11$0.68$0.42$0.87$0.92$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.10$0.63$0.48$0.79$0.85$0.06
2018Detailed filing. Detailed filing data is available for this year.$1.07$0.53$0.54$0.79$0.79$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.05$0.51$0.54$0.76$0.79$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.07$0.51$0.57$0.70$0.75$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.09$0.47$0.62$0.71$0.67$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.12$0.53$0.58$0.78$0.73$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.59$0.53$0.74
2012Summary only. Only limited summary data is available for this year.$0.98$0.52$0.46$0.75$0.75$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.52$0.47$0.73
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.69$0.45$0.66