Civic Intelligence

Vance Charter School Inc.

990 • Fiscal year 2020 • EIN 56-2099173

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 24, 2021

Organization Profilewww.vancecharter.org
2090 Ross Mill RoadHenderson, NC 27537

(252) 431-0440

Siviq Scores

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

Liabilities / Assets

96th percentile

2.08x

Higher debt load relative to assets than 96% of similar nonprofits.

2020 filings • NTEE B • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

82nd percentile

1.42x

Higher debt load relative to revenue than 82% of similar nonprofits.

2020 filings • NTEE B • $5M-$10M nonprofits • Source year 2020

Net Margin

30th percentile

-1.1%

Higher net margin than 30% of similar nonprofits.

2020 filings • NTEE B • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

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

2020 filings • NTEE B • $5M-$10M nonprofits • Source year 2020

Asset Growth

69th percentile

24%

Faster asset growth than 69% of similar nonprofits.

2020 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

75th percentile

16%

Faster revenue growth than 75% of similar nonprofits.

2020 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets96th percentile

Assets

Up

$5,973,008

Up $1,162,961 (+24%) from 2019

Net Assets

Down

-$6,456,469

Down $98,037 (-1.5%) from 2019

Liabilities

Up

$12,429,477

Up $1,260,998 (+11%) from 2019

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin30th percentile

Revenue

Up

$8,750,460

Up $1,186,892 (+16%) from 2019

Expenses

Up

$8,848,497

Up $1,318,759 (+18%) from 2019

Net Income

Down

-$98,037

Down $131,867 (-390%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth69th percentile

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

$20M$10M$0-$10MAssets 2010: $1,942,296Liabilities 2010: $231,381Net Assets 2010: $1,710,9152010Assets 2011: $2,266,721Liabilities 2011: $237,604Net Assets 2011: $2,029,1172011Assets 2012: $2,433,996Liabilities 2012: $254,539Net Assets 2012: $2,179,4572012Assets 2013: $2,584,088Liabilities 2013: $107,557Net Assets 2013: $2,476,5312013Assets 2014: $2,605,263Liabilities 2014: $110,972Net Assets 2014: $2,494,2912014Assets 2015: $1,527,136Liabilities 2015: $1,104,826Net Assets 2015: $422,3102015Assets 2016: $1,400,283Liabilities 2016: $926,101Net Assets 2016: $474,1822016Assets 2017: $2,307,281Liabilities 2017: $1,924,051Net Assets 2017: $383,2302017Assets 2018: $3,244,522Liabilities 2018: $9,636,784Net Assets 2018: -$6,392,2622018Assets 2019: $4,810,047Liabilities 2019: $11,168,479Net Assets 2019: -$6,358,4322019Assets 2020: $5,973,008Liabilities 2020: $12,429,477Net Assets 2020: -$6,456,4692020Assets 2021: $6,861,102Liabilities 2021: $13,088,731Net Assets 2021: -$6,227,6292021Assets 2022: $7,623,358Liabilities 2022: $12,950,263Net Assets 2022: -$5,326,9052022Assets 2023: $10,705,027Liabilities 2023: $15,190,966Net Assets 2023: -$4,485,9392023

Highlighted filing

2020

Assets$5,973,008
Liabilities$12,429,477
Net Assets-$6,456,469
Open 2020 Filing

Operations Trend

Revenue Growth75th percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $3,451,2452010Expenses 2011: $3,848,0312011Expenses 2012: $4,003,2812012Revenue 2013: $4,264,107Expenses 2013: $3,967,033Net Income 2013: $297,0742013Revenue 2014: $4,290,916Expenses 2014: $4,273,156Net Income 2014: $17,7602014Revenue 2015: $4,502,326Expenses 2015: $5,682,163Net Income 2015: -$1,179,8372015Revenue 2016: $4,558,248Expenses 2016: $4,506,376Net Income 2016: $51,8722016Revenue 2017: $5,486,558Expenses 2017: $5,577,509Net Income 2017: -$90,9512017Revenue 2018: $6,415,043Expenses 2018: $6,826,580Net Income 2018: -$411,5372018Revenue 2019: $7,563,568Expenses 2019: $7,529,738Net Income 2019: $33,8302019Revenue 2020: $8,750,460Expenses 2020: $8,848,497Net Income 2020: -$98,0372020Revenue 2021: $8,937,845Expenses 2021: $8,709,005Net Income 2021: $228,8402021Revenue 2022: $10,441,368Expenses 2022: $9,540,644Net Income 2022: $900,7242022Revenue 2023: $11,046,118Expenses 2023: $10,205,152Net Income 2023: $840,9662023

Highlighted filing

2020

Revenue$8,750,460
Expenses$8,848,497
Net Income-$98,037
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 24, 2021
Return Version
2019v5.1
Gross Receipts
$8,750,460
Mission and Program Overview

Mission

Operation of a public charter school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$580,852$1,076,191▲ $495,339
Land, Buildings, and Equipment, Net$788,871$918,402▲ $129,531
Prepaid Expenses and Deferred Charges$25,547$31,212▲ $5,665
Savings and Temporary Cash Investments$20,015$17,313▼ $2,702
Accounts Receivable$35,045$13,033▼ $22,012
Total Assets$4,810,047$5,973,008▲ $1,162,961
Other Assets Total$3,359,717$3,916,857▲ $557,140
Liabilities
Other Liabilities$11,107,462$12,398,270▲ $1,290,808
Accounts Payable and Accrued Expenses$61,017$31,207▼ $29,810
Total Liabilities$11,168,479$12,429,477▲ $1,260,998
Net Assets / Fund Balance
Net Assets With Donor Restrictions$26,099--
Net Assets Without Donor Restrictions$-6,384,531$-6,456,469▼ $71,938
Total Net Assets Fund Balance$-6,358,432$-6,456,469▼ $98,037
Total Liabilities and Net Assets / Fund Balance$4,810,047$5,973,008▲ $1,162,961

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$468,402$1,055,787$1,524,189
Land$450,000-$450,000
Other Assets Org$9,497--
Compensation and Service Providers
Top Officer Pay23rd percentile

Board Members and Trustees

NameTitle
Johnny YountChairperson
Brooks SpencerVice Chairperson
Allison CappsBoard Member
Anna SeamanBoard Member
Brian CloningerBoard Member
Cara KirbyBoard Member
Christy BunnBoard Member
Derrick SmithBoard Member
Fagan GoodwinBoard Member
Martha WrennBoard Member
Matt CurrinBoard Member
Mike KilianBoard Member
Pam JacksonBoard Member
Travis ThompsonBoard Member
Yancey WashingtonBoard Member
Jill BenderSecretary
Chris MunnTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$241,577
Program Service Revenue
$8,508,883
Investment Income
$0
Other Revenue
$0
All Other Contributions
$20,473
Change in Net Assets
$-98,037

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,750,460
Revenue Not Reported on Form 990
$48,664
Total Revenue per Audited Statements
$8,799,124
Total Revenue per Form 990
$8,750,460
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,822,162
Other Expenses$2,026,335
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,403,646$112,914-$4,516,560
Pension Plan Contributions$1,438,553$17,601-$1,456,154
Other Employee Benefits$514,202$24,340-$538,542
Other Expenses$162,825$169,710-$332,535
Payroll Taxes$302,376$8,530-$310,906
Occupancy$89,011$29,670-$118,681
Depreciation Depletion$85,872$1,226-$87,098
Insurance-$58,042-$58,042
Conferences and Meetings$19,604--$19,604
Fees for Services Legal-$12,829-$12,829
Fees for Services Accounting-$7,900-$7,900
Advertising-$2,263-$2,263
Total Functional Expenses$8,330,892$517,605$0$8,848,497

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$8,848,497
Expenses per Audited Statements$8,770,245
Total Expenses per Audited Statements$8,770,245
Expenses Not Reported on Financial Statements$78,252
Other Expense Adjustments$78,252
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred inflows of resources$6,983,666
Compensated Absences$2,631,134
Pension liability$2,462,636
Federal income taxes$320,834
Net OPEB Liability-
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Acadia NorthStar, LLC - accounting and business services”

Form 990, Part VI, Section B, Line 11B

“The board treasurer reviews 990 and reports to the board of directors prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Each board member is required to execute a conflict of interest statement and confidentiality agreement annually. Any potential conflict of interest is reviewed and resolved by the board of directors.”

Form 990, Part VI, Section B, Line 15A

“Compensation for top officials is approved by the board of directors and is based on review of area comparability data and the experience and expertise of the individual.”

Form 990, Part VI, Section B, Line 15B

“Compensation for key employees is approved by the board of directors and is based on review of area comparability data and the experience and expertise of the individual.”

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Vance Charter School Inc
EIN
56-2099173
Phone
2524310440
Address
2090 Ross Mill Road, Henderson, NC 27537

Signing Officer

Name
Johnny Yount
Title
Board Chair
Signed
2021-01-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Brian Mathis
Formed
1998
Legal Domicile
Nc
Voting Board Members
17
Independent Board Members
17
Employees
128
Volunteers
682

Preparer

Firm
Rebekah Barr CPA PC
Address
5422 Boswellville Road, Wilson, NC 27893
Preparer
Rebekah Barr
Phone
2522306294
Supplemental Narrative

Financial Statement Notes

XI 2D

“This amount is revenue from the Vance Charter School Foundation which is a component unit of the Charter School, but files a separate tax return under EIN 46-1378289.”

XII 4B

“This amount is the net expense from the Vance Charter School Foundation which is a component unit of the Charter School, but files a separate tax return under EIN 46-1378289.”

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IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt08750460
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt017
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt058042
IRS990/InsuranceGrp/TotalAmt058042
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt022
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01055787
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0788871
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0918402
IRS990/LandBldgEquipCostOrOtherBssAmt01974189
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/NetAssetsOrFundBalancesBOYAmt0-6358432
IRS990/NetAssetsOrFundBalancesEOYAmt0-6456469
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-6384531
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-6456469
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt029670
IRS990/OccupancyGrp/ProgramServicesAmt089011
IRS990/OccupancyGrp/TotalAmt0118681
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03359717
IRS990/OtherAssetsTotalGrp/EOYAmt03916857
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt024340
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0514202
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0538542
IRS990/OtherExpensesGrp/Desc0Supplies and Textbooks
IRS990/OtherExpensesGrp/Desc1Rent Paid to Vance Foundation 46-1378289
IRS990/OtherExpensesGrp/Desc2Contracted Student Services
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt072580
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1169710
IRS990/OtherExpensesGrp/ProgramServicesAmt0645031
IRS990/OtherExpensesGrp/ProgramServicesAmt1669772
IRS990/OtherExpensesGrp/ProgramServicesAmt2162825
IRS990/OtherExpensesGrp/TotalAmt0717611
IRS990/OtherExpensesGrp/TotalAmt1669772
IRS990/OtherExpensesGrp/TotalAmt2332535
IRS990/OtherLiabilitiesGrp/BOYAmt011107462
IRS990/OtherLiabilitiesGrp/EOYAmt012398270
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0112914
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04403646
IRS990/OtherSalariesAndWagesGrp/TotalAmt04516560
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08530
IRS990/PayrollTaxesGrp/ProgramServicesAmt0302376
IRS990/PayrollTaxesGrp/TotalAmt0310906
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt017601
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01438553
IRS990/PensionPlanContributionsGrp/TotalAmt01456154
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt025547
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt031212
IRS990/PrincipalOfficerNm0Dr Brian Mathis
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0State Funding
IRS990/ProgramServiceRevenueGrp/Desc1Local Education Agencies
IRS990/ProgramServiceRevenueGrp/Desc2Program Activities
IRS990/ProgramServiceRevenueGrp/Desc3Friends of Vance Charter/Fundraisers
IRS990/ProgramServiceRevenueGrp/Desc4Before/After School
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06878678
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11222480
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2336179
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt346940
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt424606
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0251568
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01570342
IRS990/PYProgramServiceRevenueAmt07312000
IRS990/PYRevenuesLessExpensesAmt033830
IRS990/PYSalariesCompEmpBnftPaidAmt05959396
IRS990/PYTotalExpensesAmt07529738
IRS990/PYTotalRevenueAmt07563568
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-98037
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt020015
IRS990/SavingsAndTempCashInvstGrp/EOYAmt017313
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0468402
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01055787
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01524189
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt078252
IRS990ScheduleD/ExpensesSubtotalAmt08770245
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0450000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0450000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03907360
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt19497
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred outflows of resources
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Net Pension Asset
IRS990ScheduleD/OtherExpensesNotIncludedAmt078252
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0320834
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12631134
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22462636
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt36983666
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Compensated Absences
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Pension liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Deferred inflows of resources
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4Net OPEB Liability
IRS990ScheduleD/OtherRevenueAmt048664
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueNotReportedAmt048664
IRS990ScheduleD/RevenueSubtotalAmt08750460
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0This amount is revenue from the Vance Charter School Foundation which is a component unit of the Charter School, but files a separate tax return under EIN 46-1378289.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1This amount is the net expense from the Vance Charter School Foundation which is a component unit of the Charter School, but files a separate tax return under EIN 46-1378289.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0XI 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1XII 4b
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0918402
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03916857
IRS990ScheduleD/TotalExpensesPerForm990Amt08848497
IRS990ScheduleD/TotalLiabilityAmt012398270
IRS990ScheduleD/TotalRevenuePerForm990Amt08750460
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08799124
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08770245
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/ExplanationTxt0North Carolina charter schools are funded by state and local governments. The School also receives federal grants.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc06a
IRS990/ScheduleJRequiredInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,973,008
Liabilities
$12,429,477
Net assets
-$6,456,469
Revenue
$8,750,460
Expenses
$8,848,497
Net income
-$98,037
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$10.7$15.2$4.49$11.0$10.2$0.84
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.62$13.0$5.33$10.4$9.54$0.90
2021Summary only. Only limited summary data is available for this year.$6.86$13.1$6.23$8.94$8.71$0.23
2020Detailed filing. Detailed filing data is available for this year.$5.97$12.4$6.46$8.75$8.85$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.81$11.2$6.36$7.56$7.53$0.03
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.24$9.64$6.39$6.42$6.83$0.41
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.31$1.92$0.38$5.49$5.58$0.09
2016Detailed filing. Detailed filing data is available for this year.$1.40$0.93$0.47$4.56$4.51$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.53$1.10$0.42$4.50$5.68$1.18
2014Detailed filing. Detailed filing data is available for this year.$2.61$0.11$2.49$4.29$4.27$0.02
2013Summary only. Only limited summary data is available for this year.$2.58$0.11$2.48$4.26$3.97$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.43$0.25$2.18$4.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.27$0.24$2.03$3.85
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.94$0.23$1.71$3.45