Civic Intelligence

Vance Charter School Inc.

990 • Fiscal year 2021 • EIN 56-2099173

Jul 01, 2020 to Jun 30, 2021 • Filed on Dec 14, 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

92nd percentile

1.91x

Higher debt load relative to assets than 92% of similar nonprofits.

2021 filings • NTEE B29 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

89th percentile

1.46x

Higher debt load relative to revenue than 89% of similar nonprofits.

2021 filings • NTEE B29 • $5M-$10M nonprofits • Source year 2021

Net Margin

37th percentile

2.6%

Higher net margin than 37% of similar nonprofits.

2021 filings • NTEE B29 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

24th percentile

$0

Higher top officer pay than 24% of similar nonprofits.

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

2021 filings • NTEE B29 • $5M-$10M nonprofits • Source year 2021

Asset Growth

58th percentile

15%

Faster asset growth than 58% of similar nonprofits.

2021 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

36th percentile

2.1%

Faster revenue growth than 36% of similar nonprofits.

2021 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Flat

$6,861,102

Flat from 2021

Net Assets

Flat

-$6,227,629

Flat from 2021

Liabilities

Flat

$13,088,731

Flat from 2021

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin37th percentile

Revenue

Flat

$8,937,845

Flat from 2021

Expenses

Flat

$8,709,005

Flat from 2021

Net Income

Flat

$228,840

Flat from 2021

Historical Trend

Balance Sheet Trend

Asset Growth58th 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 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

2021

Assets$6,861,102
Liabilities$13,088,731
Net Assets-$6,227,629
Open 2021 Filing

Operations Trend

Revenue Growth36th 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 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

2021

Revenue$8,937,845
Expenses$8,709,005
Net Income$228,840
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Dec 14, 2021
Return Version
2020v4.1
Gross Receipts
$8,937,845
Mission and Program Overview

Mission

Operation of a public charter school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,076,191$1,851,220▲ $775,029
Land, Buildings, and Equipment, Net$918,402$866,113▼ $52,289
Prepaid Expenses and Deferred Charges$31,212$51,919▲ $20,707
Accounts Receivable$13,033$12,451▼ $582
Savings and Temporary Cash Investments$17,313$10,082▼ $7,231
Total Assets$5,973,008$6,861,102▲ $888,094
Other Assets Total$3,916,857$4,069,317▲ $152,460
Liabilities
Other Liabilities$12,398,270$13,046,081▲ $647,811
Accounts Payable and Accrued Expenses$31,207$42,650▲ $11,443
Total Liabilities$12,429,477$13,088,731▲ $659,254
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-6,456,469$-6,227,629▲ $228,840
Total Net Assets Fund Balance$-6,456,469$-6,227,629▲ $228,840
Total Liabilities and Net Assets / Fund Balance$5,973,008$6,861,102▲ $888,094

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$416,113$1,156,351$1,572,464
Land$450,000-$450,000
Other Assets Org$11,629--
Compensation and Service Providers
Top Officer Pay24th percentile

Board Members and Trustees

NameTitle
Johnny YountChairperson
Christy BunnCo-Chair
Allison CappsBoard Member
Anna SeamanBoard Member
Brian CloningerBoard Member
Cara KirbyBoard Member
Derrick SmithBoard Member
Fagan GoodwinBoard Member
Martha WrennBoard Member
Matt CurrinBoard Member
Travis ThompsonBoard Member
Yancey WashingtonBoard Member
Jill BenderSecretary
Chris MunnTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$310,959
Program Service Revenue
$8,626,886
Investment Income
$0
Other Revenue
$0
All Other Contributions
$13,365
Change in Net Assets
$228,840

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,937,845
Revenue Not Reported on Form 990
$546,801
Total Revenue per Audited Statements
$9,484,646
Total Revenue per Form 990
$8,937,845
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,059,655
Other Expenses$1,649,350
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,517,596$121,605-$4,639,201
Pension Plan Contributions$1,508,967$19,941-$1,528,908
Occupancy$516,234$129,058-$645,292
Other Employee Benefits$535,092$24,343-$559,435
Payroll Taxes$322,768$9,343-$332,111
Other Expenses$77,424$179,414-$256,838
Depreciation Depletion$99,558$1,006-$100,564
Insurance-$59,459-$59,459
Fees for Services Legal-$23,772-$23,772
Fees for Services Accounting-$7,900-$7,900
Advertising-$1,298-$1,298
Total Functional Expenses$8,084,056$624,949$0$8,709,005

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$9,407,764
Expenses per Audited Statements$8,709,005
Total Expenses per Form 990$8,709,005
Expenses Not Reported on Form 990$698,759
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$6,504,702
Compensated Absences$3,308,051
Pension liability$2,901,808
Federal income taxes$331,520
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
Phone
2524310440
Signed
2021-12-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Brian Mathis
Formed
1998
Legal Domicile
Nc
Voting Board Members
14
Independent Board Members
14
Employees
124

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 45-1378289.”

XII 2D

“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 45-1378289.”

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IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-6456469
IRS990/NetAssetsOrFundBalancesEOYAmt0-6227629
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-6456469
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-6227629
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0129058
IRS990/OccupancyGrp/ProgramServicesAmt0516234
IRS990/OccupancyGrp/TotalAmt0645292
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03916857
IRS990/OtherAssetsTotalGrp/EOYAmt04069317
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt024343
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0535092
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0559435
IRS990/OtherExpensesGrp/Desc0Supplies and Textbooks
IRS990/OtherExpensesGrp/Desc1Contracted Student Services
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt047810
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1179414
IRS990/OtherExpensesGrp/ProgramServicesAmt0506417
IRS990/OtherExpensesGrp/ProgramServicesAmt177424
IRS990/OtherExpensesGrp/TotalAmt0554227
IRS990/OtherExpensesGrp/TotalAmt1256838
IRS990/OtherLiabilitiesGrp/BOYAmt012398270
IRS990/OtherLiabilitiesGrp/EOYAmt013046081
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0121605
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04517596
IRS990/OtherSalariesAndWagesGrp/TotalAmt04639201
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09343
IRS990/PayrollTaxesGrp/ProgramServicesAmt0322768
IRS990/PayrollTaxesGrp/TotalAmt0332111
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt019941
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01508967
IRS990/PensionPlanContributionsGrp/TotalAmt01528908
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt031212
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt051919
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/TotalRevenueColumnAmt07037156
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11283340
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2175625
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt310104
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt49236
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0241577
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02026335
IRS990/PYProgramServiceRevenueAmt08508883
IRS990/PYRevenuesLessExpensesAmt0-98037
IRS990/PYSalariesCompEmpBnftPaidAmt06822162
IRS990/PYTotalExpensesAmt08848497
IRS990/PYTotalRevenueAmt08750460
IRS990/QuidProQuoContributionsInd0false
IRS990/QuidProQuoContriDisclInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0228840
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt017313
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010082
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0416113
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01156351
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01572464
IRS990ScheduleD/ExpensesNotReportedAmt0698759
IRS990ScheduleD/ExpensesSubtotalAmt08709005
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0450000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0450000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04057688
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt111629
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred outflows of resources
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Net Pension Asset
IRS990ScheduleD/OtherExpensesIncludedAmt0698759
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0331520
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13308051
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22901808
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt36504702
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/OtherRevenueAmt0546801
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueNotReportedAmt0546801
IRS990ScheduleD/RevenueSubtotalAmt08937845
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 45-1378289.
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 45-1378289.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0XI 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1XII 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0866113
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04069317
IRS990ScheduleD/TotalExpensesPerForm990Amt08709005
IRS990ScheduleD/TotalLiabilityAmt013046081
IRS990ScheduleD/TotalRevenuePerForm990Amt08937845
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt09484646
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09407764
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 the State and Local Governments. The School also receives various federal grants.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc06a
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Acadia NorthStar, LLC - accounting and business services
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The board treasurer reviews 990 and reports to the board of directors prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Each 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compensation 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Compensation 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Governing documents, school policies and financial statements are available for viewing by the public at the Schools office upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Vance Charter School Foundation Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0461378289
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 c 3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Rent of Building
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt012c

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,861,102
Liabilities
$13,088,731
Net assets
-$6,227,629
Revenue
$8,937,845
Expenses
$8,709,005
Net income
$228,840
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
2021Detailed filing. Detailed filing data is available for this year.$6.86$13.1$6.23$8.94$8.71$0.23
2021Summary only. Only limited summary data is available for this year.$6.86$13.1$6.23$8.94$8.71$0.23
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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