Civic Intelligence

Raleigh Charter High School Inc

990 • Fiscal year 2018 • EIN 56-2121381

Jul 01, 2017 to Jun 30, 2018 • Filed on Jan 20, 2019

Organization ProfileWWW.RALEIGHCHARTERHS.ORG

View Organization Page

1307 Glenwood AvenueRaleigh, NC 27605

(919) 715-1155

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.88x

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

2018 filings • NTEE B • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

81st percentile

1.11x

Higher debt load relative to revenue than 81% of similar nonprofits.

2018 filings • NTEE B • $5M-$10M nonprofits • Source year 2018

Net Margin

41st percentile

1.1%

Higher net margin than 41% of similar nonprofits.

2018 filings • NTEE B • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

42nd percentile

$116,677

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2018 filings • NTEE B • $5M-$10M nonprofits • Source year 2018

Asset Growth

21st percentile

-3.7%

Faster asset growth than 21% of similar nonprofits.

2018 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

35th percentile

1.6%

Faster revenue growth than 35% of similar nonprofits.

2018 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Down

$7,245,927

Down $278,833 (-3.7%) from 2017

Net Assets

Up

$886,654

Up $62,873 (+7.6%) from 2017

Liabilities

Down

$6,359,273

Down $341,706 (-5.1%) from 2017

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin41st percentile

Revenue

Up

$5,715,910

Up $90,616 (+1.6%) from 2017

Expenses

Up

$5,653,037

Up $155,589 (+2.8%) from 2017

Net Income

Down

$62,873

Down $64,973 (-51%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

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

$10M$5.0M$0Assets 2010: $786,542Liabilities 2010: $216,408Net Assets 2010: $570,1342010Assets 2011: $7,856,228Liabilities 2011: $7,062,452Net Assets 2011: $793,7762011Assets 2012: $8,069,861Liabilities 2012: $7,590,645Net Assets 2012: $479,2162012Assets 2013: $7,987,430Liabilities 2013: $7,435,794Net Assets 2013: $551,6362013Assets 2014: $7,716,704Liabilities 2014: $7,167,672Net Assets 2014: $549,0322014Assets 2015: $7,494,426Liabilities 2015: $6,987,710Net Assets 2015: $506,7162015Assets 2016: $7,614,792Liabilities 2016: $6,918,857Net Assets 2016: $695,9352016Assets 2017: $7,524,760Liabilities 2017: $6,700,979Net Assets 2017: $823,7812017Assets 2018: $7,245,927Liabilities 2018: $6,359,273Net Assets 2018: $886,6542018Assets 2019: $7,067,964Liabilities 2019: $6,072,151Net Assets 2019: $995,8132019Assets 2020: $6,866,631Liabilities 2020: $5,748,819Net Assets 2020: $1,117,8122020Assets 2021: $6,668,088Liabilities 2021: $5,392,218Net Assets 2021: $1,275,8702021Assets 2022: $7,112,774Liabilities 2022: $5,614,055Net Assets 2022: $1,498,7192022Assets 2023: $6,279,777Liabilities 2023: $4,724,655Net Assets 2023: $1,555,1222023Assets 2024: $5,592,830Liabilities 2024: $4,350,854Net Assets 2024: $1,241,9762024Assets 2025: $5,315,926Liabilities 2025: $3,968,113Net Assets 2025: $1,347,8132025

Highlighted filing

2018

Assets$7,245,927
Liabilities$6,359,273
Net Assets$886,654
Open 2018 Filing

Operations Trend

Revenue Growth35th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $4,242,8672010Revenue 2011: $4,535,949Expenses 2011: $4,312,307Net Income 2011: $223,6422011Expenses 2012: $4,495,9072012Expenses 2013: $4,800,5852013Revenue 2014: $4,812,089Expenses 2014: $4,814,693Net Income 2014: -$2,6042014Revenue 2015: $4,891,898Expenses 2015: $4,934,214Net Income 2015: -$42,3162015Revenue 2016: $5,230,415Expenses 2016: $5,041,196Net Income 2016: $189,2192016Revenue 2017: $5,625,294Expenses 2017: $5,497,448Net Income 2017: $127,8462017Revenue 2018: $5,715,910Expenses 2018: $5,653,037Net Income 2018: $62,8732018Revenue 2019: $5,942,787Expenses 2019: $5,833,628Net Income 2019: $109,1592019Revenue 2020: $6,019,783Expenses 2020: $5,897,784Net Income 2020: $121,9992020Revenue 2021: $5,854,673Expenses 2021: $5,696,615Net Income 2021: $158,0582021Revenue 2022: $6,543,765Expenses 2022: $6,320,916Net Income 2022: $222,8492022Revenue 2023: $6,980,878Expenses 2023: $6,924,475Net Income 2023: $56,4032023Revenue 2024: $6,511,243Expenses 2024: $6,824,389Net Income 2024: -$313,1462024Revenue 2025: $7,465,026Expenses 2025: $7,359,189Net Income 2025: $105,8372025

Highlighted filing

2018

Revenue$5,715,910
Expenses$5,653,037
Net Income$62,873
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jan 20, 2019
Return Version
2017v2.3
Gross Receipts
$5,715,910
Mission and Program Overview

Mission

To challenge college bound students in a creative and supportive atmosphere to become knowledgeable, thoughtful, contributing students.

Raleigh charter high school challenges college bound students in a creative and supportive atmosphere to become knowledgeable, thoughtful, contributing students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$455,215$437,767▼ $17,448
Savings and Temporary Cash Investments$685,280$434,647▼ $250,633
Accounts Receivable$0$255,804▲ $255,804
Prepaid Expenses and Deferred Charges$117,433$53,918▼ $63,515
Land, Buildings, and Equipment, Net$22,488$53,229▲ $30,741
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
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$7,524,760$7,245,927▼ $278,833
Other Assets Total$6,244,344$6,010,562▼ $233,782
Liabilities
Tax Exempt Bond Liabilities$6,199,777$5,902,480▼ $297,297
Accounts Payable and Accrued Expenses$339,202$294,793▼ $44,409
Other Liabilities$162,000$162,000→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Total Liabilities$6,700,979$6,359,273▼ $341,706
Net Assets / Fund Balance
Unrestricted Net Assets$823,781$886,654▲ $62,873
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$823,781$886,654▲ $62,873
Total Liabilities and Net Assets / Fund Balance$7,524,760$7,245,927▼ $278,833

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$48,375$430,948$479,323
Leasehold Improvements$4,854$62,928$67,782
Other Assets Org$108,082--
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lisa HuddlestonPrincipalFT$104,052$12,625$116,677

Board Members and Trustees

NameTitle
Sharon McconnellBoard Chair
Howard BrowneBoard Vice Chair & Secretary
Dj HillBoard Member
Elizabeth Iaquinta KarstenBoard Member
Graham SatiskyBoard Member
James KoteckiBoard Member
Jameson MarksBoard Member
Jeff SimoneBoard Member
Jonathan PhilipsBoard Member
Lori MeyerhofferBoard Member
Nancy ThompsonBoard Member
Kathy PerkinsonBoard Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,156,255
Program Service Revenue
$385,626
Investment Income
$137,044
Other Revenue
$36,985
All Other Contributions
$330,974
Change in Net Assets
$62,873
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,039,001
Other Expenses$1,614,036
Total Fundraising Expense$6,135
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,173,942$511-$3,174,453
Payroll Taxes$310,722$39-$310,761
Other Employee Benefits$255,661--$255,661
Pension Plan Contributions$194,038$36-$194,074
Interest-$136,474-$136,474
Current Officers, Directors, Trustees, and Key Employees$104,052--$104,052
Insurance-$28,630-$28,630
Depreciation Depletion$6,832$6,831-$13,663
Other Expenses$941,784$487,350$6,135$6,135
Total Functional Expenses$4,987,031$659,871$6,135$5,653,037
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
A/p to Raleigh Charter Hs Foun$162,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
Other officer compensation reviewed
No
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 Part VI Section B Line 11

“The finance officer will initially review the form 990 before presenting it to the board. Any additional changes will be made at that time.”

Form 990 Part VI Section B Line 12C

“No member of the board of directors, or any of its committees shall derive any personal profit or gain directly or indirectly, by reason of his or her participation with raleigh charter high school, inc. Each individual shall disclose to the organization any personal interest, which he or she may have in any magger pending before the organization and shall refrain from participation in any decision on such matter.”

Form 990 Part VI Section C Line 19

“The school's charter is available in its main office. Financial statements are provided at the public board meetings.”

Filing and Contact Details

Filer

Filer Name
Raleigh Charter High School Inc
EIN
56-2121381
In Care Of
% DAVID ENNIS
Phone
9197151155
Address
1307 GLENWOOD AVENUE, RALEIGH, NC 27605

Signing Officer

Name
Lisa Huddleston
Title
Principal
Phone
9197151155
Signed
2019-01-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lisa Huddleston
Formed
2000
Legal Domicile
Nc
Voting Board Members
13
Independent Board Members
12
Employees
91
Volunteers
225

Preparer

Firm
Batchelor Tillery & Roberts Llp
Address
3605 GLENWOOD AVENUE SUITE 350, RALEIGH, NC 27612
Preparer
Wm James Black Jr
Phone
9197878212
Supplemental Narrative

Additional Explanations

Form 990 Part XII Line 2C

“Process has not changed from prior year”

Raw XML AppendixShowing 400 of 547 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/BOYAmt0339202
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0294793
IRS990/AccountsReceivableGrp/BOYAmt00
IRS990/AccountsReceivableGrp/EOYAmt0255804
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0RALEIGH CHARTER HIGH SCHOOL CHALLENGES COLLEGE BOUND STUDENTS IN A CREATIVE AND SUPPORTIVE ATMOSPHERE TO BECOME KNOWLEDGEABLE, THOUGHTFUL, CONTRIBUTING STUDENTS.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt0330974
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0DAVID ENNIS
IRS990/BooksInCareOfDetail/PhoneNum09197151155
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01307 GLENWOOD AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0RALEIGH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027605
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0455215
IRS990/CashNonInterestBearingGrp/EOYAmt0437767
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0104052
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0104052
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt05156255
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0137044
IRS990/CYOtherExpensesAmt01614036
IRS990/CYOtherRevenueAmt036985
IRS990/CYProgramServiceRevenueAmt0385626
IRS990/CYRevenuesLessExpensesAmt062873
IRS990/CYSalariesCompEmpBnftPaidAmt04039001
IRS990/CYTotalExpensesAmt05653037
IRS990/CYTotalFundraisingExpenseAmt06135
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05715910
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt06831
IRS990/DepreciationDepletionGrp/ProgramServicesAmt06832
IRS990/DepreciationDepletionGrp/TotalAmt013663
IRS990/Desc0OPERATION OF A CHARTER HIGH SCHOOL IN RALEIGH, NC SERVING APPROXIMATELY 560 STUDENTS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt091
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt04987031
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.0
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/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt012625
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/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0LISA HUDDLESTON
IRS990/Form990PartVIISectionAGrp/PersonNm1GRAHAM SATISKY
IRS990/Form990PartVIISectionAGrp/PersonNm2NANCY THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm3HOWARD BROWNE
IRS990/Form990PartVIISectionAGrp/PersonNm4SHARON MCCONNELL
IRS990/Form990PartVIISectionAGrp/PersonNm5KATHY PERKINSON
IRS990/Form990PartVIISectionAGrp/PersonNm6JEFF SIMONE
IRS990/Form990PartVIISectionAGrp/PersonNm7ELIZABETH IAQUINTA KARSTEN
IRS990/Form990PartVIISectionAGrp/PersonNm8DJ HILL
IRS990/Form990PartVIISectionAGrp/PersonNm9JAMES KOTECKI
IRS990/Form990PartVIISectionAGrp/PersonNm10JAMESON MARKS
IRS990/Form990PartVIISectionAGrp/PersonNm11LORI MEYERHOFFER
IRS990/Form990PartVIISectionAGrp/PersonNm12JONATHAN PHILIPS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0104052
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/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
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/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD VICE CHAIR & SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GovernmentGrantsAmt04501281
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt05715910
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt028630
IRS990/InsuranceGrp/TotalAmt028630
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt0136474
IRS990/InterestGrp/TotalAmt0136474
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0137044
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0137044
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0493876
IRS990/LandBldgEquipBasisNetGrp/BOYAmt022488
IRS990/LandBldgEquipBasisNetGrp/EOYAmt053229
IRS990/LandBldgEquipCostOrOtherBssAmt0547105
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0823781
IRS990/NetAssetsOrFundBalancesEOYAmt0886654
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06244344
IRS990/OtherAssetsTotalGrp/EOYAmt06010562
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0255661
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0255661
IRS990/OtherExpensesGrp/Desc0INSTRUCTIONAL PROGRAMS
IRS990/OtherExpensesGrp/Desc1SUPPORT SERVICES
IRS990/OtherExpensesGrp/Desc2FUNDRAISING
IRS990/OtherExpensesGrp/FundraisingAmt06135
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0487350
IRS990/OtherExpensesGrp/ProgramServicesAmt0941784
IRS990/OtherExpensesGrp/TotalAmt0941784
IRS990/OtherExpensesGrp/TotalAmt1487350
IRS990/OtherExpensesGrp/TotalAmt26135
IRS990/OtherLiabilitiesGrp/BOYAmt0162000
IRS990/OtherLiabilitiesGrp/EOYAmt0162000
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt036985
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt036985
IRS990/OtherRevenueTotalAmt036985
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0511
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03173942
IRS990/OtherSalariesAndWagesGrp/TotalAmt03174453
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt039
IRS990/PayrollTaxesGrp/ProgramServicesAmt0310722
IRS990/PayrollTaxesGrp/TotalAmt0310761
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt036
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0194038
IRS990/PensionPlanContributionsGrp/TotalAmt0194074
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0117433
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt053918
IRS990/PrincipalOfficerNm0LISA HUDDLESTON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0SCHOOL ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc1STUDENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0252565
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1133061
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0252565
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1133061
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05070653
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0111160
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01605044
IRS990/PYOtherRevenueAmt044107
IRS990/PYProgramServiceRevenueAmt0399374
IRS990/PYRevenuesLessExpensesAmt0127846
IRS990/PYSalariesCompEmpBnftPaidAmt03892404
IRS990/PYTotalExpensesAmt05497448
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05625294
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt062873
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt0324000
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0422611
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0685280
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0434647
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt048375
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0430948
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0479323
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt04854
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt062928
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt067782
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt05902480
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1108082
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SCHOOL FOUNDATION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1INTEREST RATE CAP AGREEMENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0162000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0A/P TO RALEIGH CHARTER HS FOUN
IRS990ScheduleD/TotalBookValueLandBuildingsAmt053229
IRS990ScheduleD/TotalBookValueOtherAssetsAmt06010562
IRS990ScheduleD/TotalLiabilityAmt0162000
IRS990ScheduleE/ComplianceWithRevProc7550Ind0false
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0false
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0false
IRS990ScheduleE/MaintainRacialCompRecsInd0false
IRS990ScheduleE/MaintainScholarshipsRecsInd0false
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0false
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,245,927
Liabilities
$6,359,273
Net assets
$886,654
Revenue
$5,715,910
Expenses
$5,653,037
Net income
$62,873
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.32$3.97$1.35$7.47$7.36$0.11
2024Detailed filing. Detailed filing data is available for this year.$5.59$4.35$1.24$6.51$6.82$0.31
2023Detailed filing. Detailed filing data is available for this year.$6.28$4.72$1.56$6.98$6.92$0.06
2022Detailed filing. Detailed filing data is available for this year.$7.11$5.61$1.50$6.54$6.32$0.22
2021Detailed filing. Detailed filing data is available for this year.$6.67$5.39$1.28$5.85$5.70$0.16
2020Detailed filing. Detailed filing data is available for this year.$6.87$5.75$1.12$6.02$5.90$0.12
2019Detailed filing. Detailed filing data is available for this year.$7.07$6.07$1.00$5.94$5.83$0.11
2018Detailed filing. Detailed filing data is available for this year.$7.25$6.36$0.89$5.72$5.65$0.06
2017Detailed filing. Detailed filing data is available for this year.$7.52$6.70$0.82$5.63$5.50$0.13
2016Detailed filing. Detailed filing data is available for this year.$7.61$6.92$0.70$5.23$5.04$0.19
2015Detailed filing. Detailed filing data is available for this year.$7.49$6.99$0.51$4.89$4.93$0.04
2014Detailed filing. Detailed filing data is available for this year.$7.72$7.17$0.55$4.81$4.81$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.99$7.44$0.55$4.80
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.07$7.59$0.48$4.50
2011Summary only. Only limited summary data is available for this year.$7.86$7.06$0.79$4.54$4.31$0.22
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.22$0.57$4.24