Civic Intelligence

Quality Education Academy

990 • Fiscal year 2022 • EIN 56-2017872

Jul 01, 2021 to Jun 30, 2022 • Filed on May 05, 2023

Organization ProfileWWW.QESCHOOLS.ORG
5012-d Lansing DriveWinston Salem, NC 27105

(336) 744-0804

Siviq Scores

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

Liabilities / Assets

24th percentile

0.05x

Higher debt load relative to assets than 24% of similar nonprofits.

2022 filings • NTEE B • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

16th percentile

0.02x

Higher debt load relative to revenue than 16% of similar nonprofits.

2022 filings • NTEE B • $5M-$10M nonprofits • Source year 2022

Net Margin

17th percentile

-5.5%

Higher net margin than 17% of similar nonprofits.

2022 filings • NTEE B • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

42nd percentile

$104,275

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2022 filings • NTEE B • $5M-$10M nonprofits • Source year 2022

Asset Growth

22nd percentile

-6.6%

Faster asset growth than 22% of similar nonprofits.

2022 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

60th percentile

15%

Faster revenue growth than 60% of similar nonprofits.

2022 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets24th percentile

Assets

Down

$4,413,479

Down $313,609 (-6.6%) from 2021

Net Assets

Down

$4,205,630

Down $515,745 (-11%) from 2021

Liabilities

Up

$207,849

Up $202,136 (+3538%) from 2021

Revenue And Expenses
Liabilities / Revenue16th percentileNet Margin17th percentile

Revenue

Up

$9,300,319

Up $1,222,776 (+15%) from 2021

Expenses

Up

$9,816,064

Up $2,513,998 (+34%) from 2021

Net Income

Down

-$515,745

Down $1,291,222 (-167%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

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

$6.0M$4.0M$2.0M$0Assets 2020: $4,607,378Liabilities 2020: $742,507Net Assets 2020: $3,864,8712020Assets 2021: $4,727,088Liabilities 2021: $5,713Net Assets 2021: $4,721,3752021Assets 2022: $4,413,479Liabilities 2022: $207,849Net Assets 2022: $4,205,6302022Assets 2023: $3,743,620Liabilities 2023: $182,987Net Assets 2023: $3,560,6332023Assets 2024: $3,089,135Liabilities 2024: $119,278Net Assets 2024: $2,969,8572024

Highlighted filing

2022

Assets$4,413,479
Liabilities$207,849
Net Assets$4,205,630
Open 2022 Filing

Operations Trend

Revenue Growth60th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2020: $5,860,891Expenses 2020: $6,731,509Net Income 2020: -$870,6182020Revenue 2021: $8,077,543Expenses 2021: $7,302,066Net Income 2021: $775,4772021Revenue 2022: $9,300,319Expenses 2022: $9,816,064Net Income 2022: -$515,7452022Revenue 2023: $8,985,113Expenses 2023: $9,630,110Net Income 2023: -$644,9972023Revenue 2024: $9,716,273Expenses 2024: $10,307,049Net Income 2024: -$590,7762024

Highlighted filing

2022

Revenue$9,300,319
Expenses$9,816,064
Net Income-$515,745
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 5, 2023
Return Version
2021v4.0
Gross Receipts
$9,300,319
Mission and Program Overview

Mission

Operation of a public charter school

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,293,998$1,770,906▼ $523,092
Investments in Publicly Traded Securities$1,226,519$1,216,737▼ $9,782
Land, Buildings, and Equipment, Net$1,027,558$1,182,763▲ $155,205
Accounts Receivable$103,812$187,067▲ $83,255
Savings and Temporary Cash Investments$75,201$56,006▼ $19,195
Total Assets$4,727,088$4,413,479▼ $313,609
Liabilities
Unsecured Notes Loans Payable$4,502$207,849▲ $203,347
Accounts Payable and Accrued Expenses$1,211--
Total Liabilities$5,713$207,849▲ $202,136
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,721,375$4,205,630▼ $515,745
Total Net Assets Fund Balance$4,721,375$4,205,630▼ $515,745
Total Liabilities and Net Assets / Fund Balance$4,727,088$4,413,479▼ $313,609

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$974,199$570,887$1,545,086
Equipment$208,564$364,502$573,066
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Tonya BellangerFormer CEOFT$104,275$104,275

Board Members and Trustees

NameTitle
Jefferson CaruthersChairman
Adolphus CoplinDirector
J Luther CovingtonDirector
James GadsonDirector
John FoxworthDirector
Kendra MarchDirector
Ronald JessupDirector
Roy OliphantDirector
Walter WeathersDirector
Dr Tamara TurnerCEO
Revenue and Support

Revenue Composition

Contributions and Grants
$2,653,530
Program Service Revenue
$6,646,789
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-515,745

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,300,319
Total Revenue per Audited Statements
$9,300,319
Total Revenue per Form 990
$9,300,319
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,841,515
Other Expenses$2,974,549
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,854,479$997,467-$5,851,946
Occupancy$641,550$97,733-$739,283
Fees for Services Other$432,823$218,224-$651,047
Information Technology$415,155--$415,155
Payroll Taxes$326,335$76,548-$402,883
Other Employee Benefits$285,454$66,958-$352,412
Current Officers, Directors, Trustees, and Key Employees-$166,280-$166,280
Office Expenses$13,396$102,347-$115,743
All Other Expenses$71,775$25,912-$97,687
Conferences and Meetings$62,399$33,834-$96,233
Depreciation Depletion$60,192$20,064-$80,256
Pension Plan Contributions$55,075$12,919-$67,994
Fees for Services Legal-$67,268-$67,268
Other Expenses$62,446$88,074-$62,446
Insurance-$35,366-$35,366
Fees for Services Accounting-$11,100-$11,100
Advertising-$6,729-$6,729
Total Functional Expenses$7,789,241$2,026,823$0$9,816,064

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,816,064
Total Expenses per Audited Statements$9,816,064
Total Expenses per Form 990$9,816,064
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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

Form 990, Page 6, Part VI, Line 2

“Roy oliphant tonya bellanger director cfo father / daughter james gadson tamara turner director school leade father / daughter”

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

“Board members approve the 990 tax return prior to filing.”

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

“Policy is published and compliance is required & monitored by the board.”

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

“Contract for top management official (ceo) is approved by board of directors and is based on comparability data.”

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

“Officer and key employee compensation approved by the board of directors and is based on comparability data.”

Form 990, Page 6, Part VI, Line 19

“Governing documents, school policies, and financial statements are available for viewing by the public at the organization's office upon request.”

Filing and Contact Details

Filer

Filer Name
Quality Education Academy Inc
EIN
56-2017872
Phone
3367440804
Address
5012-D LANSING DRIVE, WINSTON SALEM, NC 27105

Signing Officer

Name
Dr Tamara Turner
Title
CEO
Phone
3367440804
Signed
2023-05-05

Organization Details

Principal Officer
Jefferson Caruthers
Formed
1997
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
121
Volunteers
50

Preparer

Firm
Petway Mills & Pearson Pa
Address
PO BOX 1036, ZEBULON, NC 27597-1036
Preparer
James a Ridoutt
Phone
9192697405
Raw XML AppendixShowing 400 of 419 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/BOYAmt01211
IRS990/AccountsReceivableGrp/BOYAmt0103812
IRS990/AccountsReceivableGrp/EOYAmt0187067
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0OPERATION OF A PUBLIC CHARTER SCHOOL
IRS990/AdvertisingGrp/ManagementAndGeneralAmt06729
IRS990/AdvertisingGrp/TotalAmt06729
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt025912
IRS990/AllOtherExpensesGrp/ProgramServicesAmt071775
IRS990/AllOtherExpensesGrp/TotalAmt097687
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0TOYNA BELLINGAR
IRS990/BooksInCareOfDetail/PhoneNum03365773726
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05012-C LANSING DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0WINSTON SALEM
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027501
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt02293998
IRS990/CashNonInterestBearingGrp/EOYAmt01770906
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0166280
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0166280
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt033834
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt062399
IRS990/ConferencesMeetingsGrp/TotalAmt096233
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02653530
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt02974549
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt06646789
IRS990/CYRevenuesLessExpensesAmt0-515745
IRS990/CYSalariesCompEmpBnftPaidAmt06841515
IRS990/CYTotalExpensesAmt09816064
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt09300319
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt020064
IRS990/DepreciationDepletionGrp/ProgramServicesAmt060192
IRS990/DepreciationDepletionGrp/TotalAmt080256
IRS990/Desc0PROVIDED EDUCATION TO APPROXIMATELY 669 STUDENTS IN FORSYTH COUNTY, NC FOR THE FISCAL YEAR ENDED JUNE 30, 2022.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0121
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt07789241
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt011100
IRS990/FeesForServicesAccountingGrp/TotalAmt011100
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt067268
IRS990/FeesForServicesLegalGrp/TotalAmt067268
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0218224
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0432823
IRS990/FeesForServicesOtherGrp/TotalAmt0651047
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/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/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0JEFFERSON CARUTHERS
IRS990/Form990PartVIISectionAGrp/PersonNm1ADOLPHUS COPLIN
IRS990/Form990PartVIISectionAGrp/PersonNm2J LUTHER COVINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHN FOXWORTH
IRS990/Form990PartVIISectionAGrp/PersonNm4JAMES GADSON
IRS990/Form990PartVIISectionAGrp/PersonNm5KENDRA MARCH
IRS990/Form990PartVIISectionAGrp/PersonNm6RONALD JESSUP
IRS990/Form990PartVIISectionAGrp/PersonNm7ROY OLIPHANT
IRS990/Form990PartVIISectionAGrp/PersonNm8WALTER WEATHERS
IRS990/Form990PartVIISectionAGrp/PersonNm9TONYA BELLANGER
IRS990/Form990PartVIISectionAGrp/PersonNm10DR TAMARA TURNER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9104275
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9FORMER CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt10CEO
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt02653530
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt09300319
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0415155
IRS990/InformationTechnologyGrp/TotalAmt0415155
IRS990/InsuranceGrp/ManagementAndGeneralAmt035366
IRS990/InsuranceGrp/TotalAmt035366
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01226519
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01216737
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0935389
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01027558
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01182763
IRS990/LandBldgEquipCostOrOtherBssAmt02118152
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0OPERATION OF A PUBLIC CHARTER SCHOOL
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt04721375
IRS990/NetAssetsOrFundBalancesEOYAmt04205630
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04721375
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04205630
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt097733
IRS990/OccupancyGrp/ProgramServicesAmt0641550
IRS990/OccupancyGrp/TotalAmt0739283
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0102347
IRS990/OfficeExpensesGrp/ProgramServicesAmt013396
IRS990/OfficeExpensesGrp/TotalAmt0115743
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt066958
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0285454
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0352412
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1FOOD PURCHASES
IRS990/OtherExpensesGrp/Desc2EQUIPMENT RENTAL
IRS990/OtherExpensesGrp/Desc3EDUCATION REIMBURSEMENTS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt088074
IRS990/OtherExpensesGrp/ProgramServicesAmt0333552
IRS990/OtherExpensesGrp/ProgramServicesAmt1174610
IRS990/OtherExpensesGrp/ProgramServicesAmt262446
IRS990/OtherExpensesGrp/TotalAmt0333552
IRS990/OtherExpensesGrp/TotalAmt1174610
IRS990/OtherExpensesGrp/TotalAmt288074
IRS990/OtherExpensesGrp/TotalAmt362446
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0997467
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04854479
IRS990/OtherSalariesAndWagesGrp/TotalAmt05851946
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt076548
IRS990/PayrollTaxesGrp/ProgramServicesAmt0326335
IRS990/PayrollTaxesGrp/TotalAmt0402883
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt012919
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt055075
IRS990/PensionPlanContributionsGrp/TotalAmt067994
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JEFFERSON CARUTHERS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0STATE OF NC
IRS990/ProgramServiceRevenueGrp/Desc1COUNTY FUNDS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04811963
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11834826
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04811963
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11834826
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01702152
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt019510
IRS990/PYOtherExpensesAmt02066293
IRS990/PYOtherRevenueAmt0132125
IRS990/PYProgramServiceRevenueAmt06223756
IRS990/PYRevenuesLessExpensesAmt0775477
IRS990/PYSalariesCompEmpBnftPaidAmt05235773
IRS990/PYTotalExpensesAmt07302066
IRS990/PYTotalRevenueAmt08077543
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-515745
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt06646789
IRS990/SavingsAndTempCashInvstGrp/BOYAmt075201
IRS990/SavingsAndTempCashInvstGrp/EOYAmt056006
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/BookValueAmt0974199
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0570887
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01545086
IRS990ScheduleD/EquipmentGrp/BookValueAmt0208564
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0364502
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0573066
IRS990ScheduleD/ExpensesSubtotalAmt09816064
IRS990ScheduleD/RevenueSubtotalAmt09300319
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01182763
IRS990ScheduleD/TotalExpensesPerForm990Amt09816064
IRS990ScheduleD/TotalRevenuePerForm990Amt09300319
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt09300319
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09816064
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/ExplanationTxt0QUALITY EDUCATION ACADEMY OPERATES AS A PUBLIC CHARTER SCHOOL AND IS FUNDED BY THE STATE OF NORTH CAROLINA AND LOCAL GOVERNMENT. NORTH CAROLINA REQUIRES A POLICY OF NONDISCRIMINATION AND THE SCHOOL'S NONDISCRIMINATION POLICY IS DISCLOSED IN ALL SOLICITATIONS FOR STUDENTS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt16A) NORTH CAROLINA CHARTER SCHOOL, FUNDED BY STATE & LOCAL GOVERNMENT. ALSO RECEIVES VARIOUS FEDERAL AND STATE GRANTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ROY OLIPHANT TONYA BELLANGER DIRECTOR CFO FATHER / DAUGHTER JAMES GADSON TAMARA TURNER DIRECTOR SCHOOL LEADE FATHER / DAUGHTER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS APPROVE THE 990 TAX RETURN PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2POLICY IS PUBLISHED AND COMPLIANCE IS REQUIRED & MONITORED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONTRACT FOR TOP MANAGEMENT OFFICIAL (CEO) IS APPROVED BY BOARD OF DIRECTORS AND IS BASED ON COMPARABILITY DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OFFICER AND KEY EMPLOYEE COMPENSATION APPROVED BY THE BOARD OF DIRECTORS AND IS BASED ON COMPARABILITY DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, SCHOOL POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR VIEWING BY THE PUBLIC AT THE ORGANIZATION'S OFFICE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
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
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04727088
IRS990/TotalAssetsEOYAmt04413479
IRS990/TotalAssetsGrp/BOYAmt04727088
IRS990/TotalAssetsGrp/EOYAmt04413479
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02653530
IRS990/TotalEmployeeCnt0121
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02026823
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt07789241
IRS990/TotalFunctionalExpensesGrp/TotalAmt09816064
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05713
IRS990/TotalLiabilitiesEOYAmt0207849
IRS990/TotalLiabilitiesGrp/BOYAmt05713
IRS990/TotalLiabilitiesGrp/EOYAmt0207849
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04721375
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04205630
IRS990/TotalProgramServiceExpensesAmt07789241
IRS990/TotalProgramServiceRevenueAmt06646789
IRS990/TotalReportableCompFromOrgAmt0104275
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06646789
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt09300319
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04727088
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04413479
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt04502
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0207849
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05012-D LANSING DRIVE
IRS990/USAddress/CityNm0WINSTONSALEM
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027105
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.QESCHOOLS.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DR TAMARA TURNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum03367440804
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0QUALITY EDUCATION ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0QUAL
ReturnHeader/Filer/EIN0562017872
ReturnHeader/Filer/PhoneNum03367440804
ReturnHeader/Filer/USAddress/AddressLine1Txt05012-D LANSING DRIVE

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,413,479
Liabilities
$207,849
Net assets
$4,205,630
Revenue
$9,300,319
Expenses
$9,816,064
Net income
-$515,745
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.09$0.12$2.97$9.72$10.3$0.59
2023Detailed filing. Detailed filing data is available for this year.$3.74$0.18$3.56$8.99$9.63$0.64
2022Detailed filing. Detailed filing data is available for this year.$4.41$0.21$4.21$9.30$9.82$0.52
2021Detailed filing. Detailed filing data is available for this year.$4.73$0.01$4.72$8.08$7.30$0.78
2020Detailed filing. Detailed filing data is available for this year.$4.61$0.74$3.86$5.86$6.73$0.87