Liabilities / Assets
56th percentile
Higher debt load relative to assets than 56% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
56th percentile
Higher debt load relative to assets than 56% of similar nonprofits.
Liabilities / Revenue
69th percentile
Higher debt load relative to revenue than 69% of similar nonprofits.
Net Margin
62nd percentile
Higher net margin than 62% of similar nonprofits.
Top Officer Pay
32nd percentile
Higher top officer pay than 32% of similar nonprofits.
Top officer pay equals 0.9% of source-year revenue.
Asset Growth
46th percentile
Faster asset growth than 46% of similar nonprofits.
Revenue Growth
44th percentile
Faster revenue growth than 44% of similar nonprofits.
Assets
Up$21,668,640
Up $307,111 (+1.4%) from 2014
Net Assets
Up$13,167,074
Up $955,556 (+7.8%) from 2014
Liabilities
Down$8,501,566
Down $648,445 (-7.1%) from 2014
Revenue
Up$12,120,400
Up $376,086 (+3.2%) from 2014
Expenses
Up$11,164,844
Up $394,791 (+3.7%) from 2014
Net Income
Down$955,556
Down $18,705 (-1.9%) from 2014
The corporation's primary exempt purpose is to engage in the charitable and educational purposes of providing quality public education as a charter school created pursuant to the general statutes of north carolina establishing charter schools.
To provide a quality education to kindergarten through 12th grade as a north carolina public charter school
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $17,195,790 | $16,618,426 | ▼ $577,364 |
| Rtn Earn Endowment Incm Other Fnds | $12,211,518 | $13,167,074 | ▲ $955,556 |
| Cash and Non-Interest-Bearing Accounts | $3,536,260 | $4,701,614 | ▲ $1,165,354 |
| Prepaid Expenses and Deferred Charges | $173,402 | $329,907 | ▲ $156,505 |
| Accounts Receivable | $456,077 | $18,693 | ▼ $437,384 |
| Savings and Temporary Cash Investments | $0 | $0 | → $0 |
| Other Notes and Loans Receivable, Net | $0 | $0 | → $0 |
| Pledges and Grants Receivable | $0 | $0 | → $0 |
| Receivable From Disqualified Prsn | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments Other Securities | $0 | $0 | → $0 |
| Investments Program Related | $0 | $0 | → $0 |
| Investments in Publicly Traded Securities | $0 | $0 | → $0 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Intangible Assets | $0 | $0 | → $0 |
| Inventories for Sale or Use | $0 | $0 | → $0 |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Total Assets | $21,361,529 | $21,668,640 | ▲ $307,111 |
| Other Assets Total | $0 | $0 | → $0 |
| Liabilities | |||
| Tax Exempt Bond Liabilities | $8,688,232 | $7,932,920 | ▼ $755,312 |
| Accounts Payable and Accrued Expenses | $461,779 | $568,646 | ▲ $106,867 |
| Grants Payable | $0 | $0 | → $0 |
| Mortgage Notes Payable Secured by Investment Property | $0 | $0 | → $0 |
| Unsecured Notes Loans Payable | $0 | $0 | → $0 |
| Other Liabilities | $0 | $0 | → $0 |
| Deferred Revenue | $0 | $0 | → $0 |
| Escrow Account Liability | $0 | $0 | → $0 |
| Total Liabilities | $9,150,011 | $8,501,566 | ▼ $648,445 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $12,211,518 | $13,167,074 | ▲ $955,556 |
| Total Liabilities and Net Assets / Fund Balance | $21,361,529 | $21,668,640 | ▲ $307,111 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $14,986,879 | $3,512,778 | $18,499,657 |
| Equipment | $156,161 | $2,208,935 | $2,365,096 |
| Other Land Buildings | $319,329 | $1,300,460 | $1,619,789 |
| Land | $1,156,057 | - | $1,156,057 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| David Mahaley | Administrator Grades 9-12 | FT | $103,263 | $7,727 | $110,990 |
| Name | Title |
|---|---|
| Robert L Luddy | Chairman |
| Alphonsa C Merritt | Director |
| Rick Eddins | Director |
| Tom Lehr | Director |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $8,038,603 |
| Other Expenses | $3,126,241 |
| Total Fundraising Expense | $913 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $5,731,617 | $862,024 | - | $6,593,641 |
| All Other Expenses | $1,171,215 | $335,137 | - | $1,506,352 |
| Depreciation Depletion | $382,901 | $382,902 | - | $765,803 |
| Other Employee Benefits | $581,042 | $64,487 | - | $645,529 |
| Payroll Taxes | $485,388 | $79,537 | - | $564,925 |
| Pension Plan Contributions | $105,580 | $25,665 | - | $131,245 |
| Interest | $108,025 | $12,003 | - | $120,028 |
| Current Officers, Directors, Trustees, and Key Employees | - | $103,263 | - | $103,263 |
| Information Technology | - | $90,054 | - | $90,054 |
| Other Expenses | $2,886 | $33,546 | $913 | $36,432 |
| Fees for Services Accounting | $8,365 | $8,364 | - | $16,729 |
| Fees for Services Legal | $8,327 | $8,327 | - | $16,654 |
| Travel | $123 | $8,065 | - | $8,188 |
| Advertising | - | $6,053 | - | $6,053 |
| Total Functional Expenses | $9,117,137 | $2,046,794 | $913 | $11,164,844 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $11,164,844 |
| Total Expenses per Audited Statements | $11,164,844 |
| Total Expenses per Form 990 | $11,164,844 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Receivables from Disqualified Persons | $0 | $0 | → $0 |
| Receivables from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Bond | Issuer | Issued | Issue Price | Purpose |
|---|---|---|---|---|
| A | North Carolina Capital Facilities Finance Agency | 2010-05-20 | $11,500,000 | Acq & const of school land/bldgs |
| Bond | Total Proceeds | Spent | Retired | Issuance Costs |
|---|---|---|---|---|
| A | $11,500,000 | $0 | $0 | $204,136 |
“Copies of form 990 are made available for review to the executive committee via email.”
“Members of the board complete a questionnaire annually.”
“The board reviews key employee compensation on an annual basis”
“The school makes its governing documents, conflict of interest policy, and financial statements available to the public upon request”
“Description:insurance total expenses:22554 management and general:22554”
“Description:contracted services total expenses:388565 program services:266396 management and general:122169”
“Description:field trips total expenses:125617 program services:125617”
“Description:dues and fees total expenses:6339 program services:3827 management and general:2512”
“Description:workshops/training total expenses:79326 program services:68595 management and general:10731”
“Description:cleaning/maintenance total expenses:374312 program services:336881 management and general:37431”
“Description:non-cap equipment total expenses:178671 program services:174682 management and general:3989”
“Description:utilities total expenses:216907 program services:195217 management and general:21690”
“Description:miscellaneous total expenses:68417 management and general:68417”
“Description:refundable sales tax total expenses:45644 management and general:45644”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 461779 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 568646 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 456077 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 18693 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO PROVIDE A QUALITY EDUCATION TO KINDERGARTEN THROUGH 12TH GRADE AS A NORTH CAROLINA PUBLIC CHARTER SCHOOL |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 6053 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 6053 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 335137 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 1171215 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 1506352 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | WILLIAM H FRANCIS JR |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9195544911 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 604 FRANKLIN STREET |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | WAKE FOREST |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 27587 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 3536260 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 4701614 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 103263 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 103263 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 11411620 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 104595 |
| IRS990/CYOtherExpensesAmt | 0 | 3126241 |
| IRS990/CYOtherRevenueAmt | 0 | 367380 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 236805 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 955556 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 8038603 |
| IRS990/CYTotalExpensesAmt | 0 | 11164844 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 913 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 12120400 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 0 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 382902 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 382901 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 765803 |
| IRS990/Desc | 0 | OPERATED CHARTER SCHOOL IN WAKE FOREST NORTH CAROLINA - PROVIDE INSTRUCTION SERVICES AND FACILITY FOR EDUCATIONAL PURPOSES AS PROVIDED BY NORTH CAROLINA CHARTER SCHOOLS. AND TO PROVIDE NUTRITIONAL FOOD TO STUDENTS. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 243 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/EscrowAccountInd | 0 | false |
| IRS990/EscrowAccountLiabilityGrp/BOYAmt | 0 | 0 |
| IRS990/EscrowAccountLiabilityGrp/EOYAmt | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 9117137 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 8364 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 8365 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 16729 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 8327 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 8327 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 16654 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 45.0 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 7727 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | ROBERT L LUDDY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | RICK EDDINS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | ALPHONSA C MERRITT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | TOM LEHR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | DAVID MAHALEY |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 103263 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | ADMINISTRATOR GRADES 9-12 |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1997 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 0 |
| IRS990/GovernmentGrantsAmt | 0 | 11411620 |
| IRS990/GrantsPayableGrp/BOYAmt | 0 | 0 |
| IRS990/GrantsPayableGrp/EOYAmt | 0 | 0 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 12120400 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 0 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 90054 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 90054 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 0 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 0 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 12003 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 108025 |
| IRS990/InterestGrp/TotalAmt | 0 | 120028 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 104595 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 104595 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 0 |
| IRS990/InvestTaxExemptBondsInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 16 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 7022173 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 17195790 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 16618426 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 23640599 |
| IRS990/LegalDomicileStateCd | 0 | NC |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LoansFromOfficersDirectorsGrp/BOYAmt | 0 | 0 |
| IRS990/LoansFromOfficersDirectorsGrp/EOYAmt | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | THE CORPORATION'S PRIMARY EXEMPT PURPOSE IS TO ENGAGE IN THE CHARITABLE AND EDUCATIONAL PURPOSES OF PROVIDING QUALITY PUBLIC EDUCATION AS A CHARTER SCHOOL CREATED PURSUANT TO THE GENERAL STATUTES OF NORTH CAROLINA ESTABLISHING CHARTER SCHOOLS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 12211518 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 13167074 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/TotalAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OnBehalfOfIssuerInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 0 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 64487 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 581042 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 645529 |
| IRS990/OtherExpensesGrp/Desc | 0 | SUPPLIES |
| IRS990/OtherExpensesGrp/Desc | 1 | POSTAGE |
| IRS990/OtherExpensesGrp/Desc | 2 | EQUIPMENT RENTAL |
| IRS990/OtherExpensesGrp/Desc | 3 | PRINTING |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 913 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 24135 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 2882 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 350 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 33546 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 518951 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 12717 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 2886 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 543999 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 2882 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 13067 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 36432 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | SALES TAX REFUND |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | MISC. INCOME |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 45643 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 1 | 321737 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 45643 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 321737 |
| IRS990/OtherRevenueTotalAmt | 0 | 367380 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 862024 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 5731617 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 6593641 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 0 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 79537 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 485388 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 564925 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 25665 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 105580 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 131245 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 173402 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 329907 |
| IRS990/PrincipalOfficerNm | 0 | WILLIAM H FRANCIS JR |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | SCHOOL ACTIVITIES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 236805 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 236805 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 10941843 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 78658 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 3307266 |
| IRS990/PYOtherRevenueAmt | 0 | 435820 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 287993 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 974261 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 7462787 |
| IRS990/PYTotalExpensesAmt | 0 | 10770053 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 11744314 |
| IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt | 0 | 0 |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 955556 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/PersonalAmt | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 12211518 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 13167074 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 0 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 14986879 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 3512778 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 18499657 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 156161 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 2208935 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 2365096 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 11164844 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 1156057 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 1156057 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 319329 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 1300460 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1619789 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 12120400 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 16618426 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 11164844 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 12120400 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 12120400 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 11164844 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | true |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | A STATEMENT OF NONDISCRIMINATION IS INCLUDED ON ALL WRITTEN COMMUNICATIONS TO THE PUBLIC DEALING WITH STUDENT ADMISSIONS, AND ON THE WEBSITE. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | NONDISCRIMINATION POLICY |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd | 0 | A |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd | 0 | A |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GICProviderName/BusinessNameLine1Txt | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeProviderName/BusinessNameLine1Txt | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt | 0 | 2010-05-20 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN | 0 | 561592154 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd | 0 | A |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd | 0 | false |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt | 0 | 11500000 |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt | 0 | NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd | 0 | false |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd | 0 | false |
| IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc | 0 | ACQ & CONST OF SCHOOL LAND/BLDGS |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd | 0 | A |
| IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/PrivateBusUseByOthersPct | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd | 0 | true |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd | 0 | false |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondDefeasedAmt | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd | 0 | A |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt | 0 | 11295864 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalizedInterestAmt | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/CreditEnhancementAmt | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd | 0 | false |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd | 0 | true |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt | 0 | 204136 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/OtherSpentProceedsAmt | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingEscrowAmt | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr | 0 | 2011 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt | 0 | 11500000 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/UnspentAmt | 0 | 0 |
| IRS990ScheduleK/TaxExemptBondsProceedsGrp/WorkingCapitalExpendituresAmt | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | false |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | COPIES OF FORM 990 ARE MADE AVAILABLE FOR REVIEW TO THE EXECUTIVE COMMITTEE VIA EMAIL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | MEMBERS OF THE BOARD COMPLETE A QUESTIONNAIRE ANNUALLY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE BOARD REVIEWS KEY EMPLOYEE COMPENSATION ON AN ANNUAL BASIS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DESCRIPTION:INSURANCE TOTAL EXPENSES:22554 MANAGEMENT AND GENERAL:22554 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | DESCRIPTION:CONTRACTED SERVICES TOTAL EXPENSES:388565 PROGRAM SERVICES:266396 MANAGEMENT AND GENERAL:122169 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | DESCRIPTION:FIELD TRIPS TOTAL EXPENSES:125617 PROGRAM SERVICES:125617 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | DESCRIPTION:DUES AND FEES TOTAL EXPENSES:6339 PROGRAM SERVICES:3827 MANAGEMENT AND GENERAL:2512 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | DESCRIPTION:WORKSHOPS/TRAINING TOTAL EXPENSES:79326 PROGRAM SERVICES:68595 MANAGEMENT AND GENERAL:10731 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | DESCRIPTION:CLEANING/MAINTENANCE TOTAL EXPENSES:374312 PROGRAM SERVICES:336881 MANAGEMENT AND GENERAL:37431 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | DESCRIPTION:NON-CAP EQUIPMENT TOTAL EXPENSES:178671 PROGRAM SERVICES:174682 MANAGEMENT AND GENERAL:3989 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | DESCRIPTION:UTILITIES TOTAL EXPENSES:216907 PROGRAM SERVICES:195217 MANAGEMENT AND GENERAL:21690 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | DESCRIPTION:MISCELLANEOUS TOTAL EXPENSES:68417 MANAGEMENT AND GENERAL:68417 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | DESCRIPTION:REFUNDABLE SALES TAX TOTAL EXPENSES:45644 MANAGEMENT AND GENERAL:45644 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | REVIEW OF TAX RETURN |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | CONFLICT OF INTEREST POLICY |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | KEY EMPLOYEE COMPENSATION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | PUBLIC INFORMATION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990 PART IX LINE 24 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990 PART IX LINE 24 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990 PART IX LINE 24 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990 PART IX LINE 24 - OTHER EXPENSES |
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Displayed year
2015 • Form 990Detailed filing. Detailed filing data is available for this year.
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