Civic Intelligence

Corporation for Educational Partnerships

EIN 56-2158817 • 501(c)3 • Holly Springs, NC

Profile

The School will be an effective model charter school that provides an energizing, innovative, and nontraditional learning environment for students, staff, parents, and the greater community through opportunities for the development of creative leadership, independent and critical

5108 Old Powell RoadHolly Springs, NC 27540

southernwakeacademy.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

99th percentile

1.55x

Higher debt load relative to assets than 99% of similar nonprofits.

NTEE B • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

89th percentile

3.03x

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

NTEE B • $10M-$25M nonprofits • Source year 2025

Net Margin

74th percentile

15%

Higher net margin than 74% of similar nonprofits.

NTEE B • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

31st percentile

$103,096

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

NTEE B • $10M-$25M nonprofits • Source year 2025

Asset Growth

19th percentile

-5.7%

Faster asset growth than 19% of similar nonprofits.

NTEE B • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

40th percentile

3.6%

Faster revenue growth than 40% of similar nonprofits.

NTEE B • $10M-$25M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$13,519,992

Down $1,419,090 (-9.5%) from 2023

Liabilities

Down

$21,449,925

Down $613,956 (-2.8%) from 2023

Net Assets

Down

-$7,929,933

Down $805,134 (-11%) from 2023

Operations
Liabilities / Revenue89th percentileNet Margin74th percentile

Revenue

Down

$6,288,106

Down $521,725 (-7.7%) from 2023

Expenses

Down

$7,093,240

Down $1,273,838 (-15%) from 2023

Net Income

Up

-$805,134

Up $752,113 (+48%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth19th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0-$10MAssets 2011: $1,394,478Liabilities 2011: $1,485,119Net Assets 2011: -$90,6412011Assets 2012: $1,354,489Liabilities 2012: $1,468,845Net Assets 2012: -$114,3562012Assets 2013: $1,849,136Liabilities 2013: $1,821,719Net Assets 2013: $27,4172013Assets 2014: $2,324,069Liabilities 2014: $2,006,522Net Assets 2014: $317,5472014Assets 2015: $6,149,957Liabilities 2015: $5,970,970Net Assets 2015: $178,9872015Assets 2016: $8,577,678Liabilities 2016: $8,215,360Net Assets 2016: $362,3182016Assets 2017: $9,101,060Liabilities 2017: $8,822,852Net Assets 2017: $278,2082017Assets 2018: $11,084,796Liabilities 2018: $16,414,015Net Assets 2018: -$5,329,2192018Assets 2019: $13,369,924Liabilities 2019: $19,258,194Net Assets 2019: -$5,888,2702019Assets 2020: $14,603,164Liabilities 2020: $21,465,555Net Assets 2020: -$6,862,3912020Assets 2021: $16,429,672Liabilities 2021: $23,879,281Net Assets 2021: -$7,449,6092021Assets 2022: $15,164,109Liabilities 2022: $22,288,795Net Assets 2022: -$7,124,6862022Assets 2023: $14,939,082Liabilities 2023: $22,063,881Net Assets 2023: -$7,124,7992023Assets 2024: $13,519,992Liabilities 2024: $21,449,925Net Assets 2024: -$7,929,9332024

Highlighted filing

2024

Assets$13,519,992
Liabilities$21,449,925
Net Assets-$7,929,933
Open 2024 Filing

Operations Trend

Revenue Growth40th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2011: $813,309Expenses 2011: $944,185Net Income 2011: -$130,8762011Revenue 2012: $925,926Expenses 2012: $949,641Net Income 2012: -$23,7152012Expenses 2013: $1,307,5692013Revenue 2014: $1,983,700Expenses 2014: $1,693,570Net Income 2014: $290,1302014Revenue 2015: $2,634,666Expenses 2015: $2,524,452Net Income 2015: $110,2142015Revenue 2016: $3,429,836Expenses 2016: $3,246,502Net Income 2016: $183,3342016Revenue 2017: $4,033,607Expenses 2017: $4,239,306Net Income 2017: -$205,6992017Revenue 2018: $5,457,687Expenses 2018: $6,140,708Net Income 2018: -$683,0212018Revenue 2019: $7,107,870Expenses 2019: $7,811,673Net Income 2019: -$703,8032019Revenue 2020: $7,780,467Expenses 2020: $8,754,588Net Income 2020: -$974,1212020Revenue 2021: $8,432,177Expenses 2021: $9,019,397Net Income 2021: -$587,2202021Revenue 2022: $8,537,443Expenses 2022: $8,212,520Net Income 2022: $324,9232022Revenue 2023: $6,809,831Expenses 2023: $8,367,078Net Income 2023: -$1,557,2472023Revenue 2024: $6,288,106Expenses 2024: $7,093,240Net Income 2024: -$805,1342024

Highlighted filing

2024

Revenue$6,288,106
Expenses$7,093,240
Net Income-$805,134
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$13,519,992
Liabilities
$21,449,925
Net assets
-$7,929,933
Revenue
$6,288,106
Expenses
$7,093,240
Net income
-$805,134
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.5$21.4$7.93$6.29$7.09$0.81
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.9$22.1$7.12$6.81$8.37$1.56
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.2$22.3$7.12$8.54$8.21$0.32
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.4$23.9$7.45$8.43$9.02$0.59
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.6$21.5$6.86$7.78$8.75$0.97
2019Summary only. Only limited summary data is available for this year.$13.4$19.3$5.89$7.11$7.81$0.70
2018Summary only. Only limited summary data is available for this year.$11.1$16.4$5.33$5.46$6.14$0.68
2017Summary only. Only limited summary data is available for this year.$9.10$8.82$0.28$4.03$4.24$0.21
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.58$8.22$0.36$3.43$3.25$0.18
2015Detailed filing. Detailed filing data is available for this year.$6.15$5.97$0.18$2.63$2.52$0.11
2014Detailed filing. Detailed filing data is available for this year.$2.32$2.01$0.32$1.98$1.69$0.29
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.85$1.82$0.03$1.31
2012Summary only. Only limited summary data is available for this year.$1.35$1.47$0.11$0.93$0.95$0.02
2011Summary only. Only limited summary data is available for this year.$1.39$1.49$0.09$0.81$0.94$0.13
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 14, 2021
Return Version
2019v5.0
Gross Receipts
$7,780,467
Mission and Program Overview

Mission

Operation of a public charter school in holly springs, nc

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,732,200$7,796,692▲ $64,492
Cash and Non-Interest-Bearing Accounts$703,375$536,784▼ $166,591
Accounts Receivable$146,295$326,247▲ $179,952
Savings and Temporary Cash Investments$178,122$238,636▲ $60,514
Prepaid Expenses and Deferred Charges$13,678--
Total Assets$13,369,924$14,603,164▲ $1,233,240
Other Assets Total$4,596,254$5,704,805▲ $1,108,551
Liabilities
Other Liabilities$10,880,948$13,198,184▲ $2,317,236
Mortgage Notes Payable Secured by Investment Property$7,853,788$7,732,069▼ $121,719
Deferred Revenue$500,169$476,004▼ $24,165
Accounts Payable and Accrued Expenses$23,289$59,298▲ $36,009
Total Liabilities$19,258,194$21,465,555▲ $2,207,361
Net Assets / Fund Balance
Net Assets With Donor Restrictions$167,841$207,797▲ $39,956
Net Assets Without Donor Restrictions$-6,056,111$-7,070,188▼ $1,014,077
Total Net Assets Fund Balance$-5,888,270$-6,862,391▼ $974,121
Total Liabilities and Net Assets / Fund Balance$13,369,924$14,603,164▲ $1,233,240

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,733,541$1,012,984$7,746,525
Land$976,064-$976,064
Equipment$78,559$285,394$363,953
Leasehold Improvements$8,528$609$9,137
Other Assets Org$10,822--
Compensation and Service Providers
Top Officer Pay31st percentile

Employees

NameTitleFull / Part TimeBaseTotal
David ThomasPrincipalFT$105,652$105,652

Board Members and Trustees

NameTitle
Robin HendersonPresident
Gary LeonardDirector
Greg NewkirkDirector
Kay SmithSecretary
Tim AllenTreasurer
Lori StokesVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$188,586
Program Service Revenue
$7,507,331
Investment Income
$173
Other Revenue
$84,377
All Other Contributions
$47,254
Change in Net Assets
$-974,121

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,780,467
Revenue Not Reported on Form 990
$25,160
Total Revenue per Audited Statements
$7,805,627
Total Revenue per Form 990
$7,780,467
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,104,763
Other Expenses$1,649,825
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,509,423$687,367-$4,196,790
Other Employee Benefits$1,017,666$231,310-$1,248,976
Pension Plan Contributions$991,115$225,276-$1,216,391
Fees for Services Other$88,921$367,103-$456,024
Payroll Taxes$270,579$61,501-$332,080
Interest$195,463$65,154-$260,617
Depreciation Depletion$184,160$61,387-$245,547
Occupancy$73,623$55,110-$128,733
Information Technology$94,447$24,367-$118,814
Current Officers, Directors, Trustees, and Key Employees-$110,526-$110,526
Office Expenses$38,499$38,621-$77,120
All Other Expenses$26,232$26,638-$52,870
Other Expenses$35,229$37,035-$35,229
Insurance-$23,744-$23,744
Fees for Services Legal-$15,700-$15,700
Advertising-$9,512-$9,512
Fees for Services Accounting-$6,370-$6,370
Conferences and Meetings$2,192--$2,192
Total Functional Expenses$6,692,679$2,061,909$0$8,754,588

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,779,748
Expenses per Audited Statements$8,754,588
Total Expenses per Form 990$8,754,588
Expenses Not Reported on Form 990$25,160
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
Net Opeb Liability$7,663,349
Net Pension Liability$2,828,106
Opeb Deferrals$2,701,066
Pension Deferrals$5,663
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“990 is reviewed by the board chair prior to filing and is made available to the board of directors.”

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

“The board of directors reviews the policy annually. If any conflicts arise they are reviewed and resolved by the board of directors. Board members do not vote on any issue where there is a possible conflict of interest.”

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

“Compensation of top management official is approved by the board and is based on comparability data.”

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

“All compensation is approved by the board and is based on comparability data.”

Form 990, Page 6, Part VI, Line 19

“Governing documents, school policies, and financial statements are available upon written request.”

Filing and Contact Details

Filer

Filer Name
Corporation for Educational
EIN
56-2158817
Phone
9195679955
Address
5108 OLD POWELL ROAD, HOLLY SPRINGS, NC 27540
Doing Business As
Southern Wake Academy

Signing Officer

Name
Dr John Schultz
Title
Current Head of Sch
Phone
9195679955
Signed
2021-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robin Henderson
Formed
1999
Voting Board Members
5
Independent Board Members
5
Employees
129
Volunteers
5

Preparer

Firm
Petway Mills & Pearson Pa
Address
PO BOX 1036, ZEBULON, NC 27597-1036
Preparer
James a Ridoutt
Phone
9192697405
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Transfer 25,160 transfer -25,160”

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

“TRANSFER 25,160”

Schedule D, Page 4, Part XII, Line 2D

“TRANSFER 25,160”

Raw XML AppendixShowing 400 of 456 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
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IRS990/DescribedInSection501c3Ind0true
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0OPERATION OF A PUBLIC CHARTER SCHOOL IN HOLLY SPRINGS, NC
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt07732069
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IRS990/NetAssetsOrFundBalancesEOYAmt0-6862391
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-6056111
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-7070188
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt055110
IRS990/OccupancyGrp/ProgramServicesAmt073623
IRS990/OccupancyGrp/TotalAmt0128733
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt038621
IRS990/OfficeExpensesGrp/ProgramServicesAmt038499
IRS990/OfficeExpensesGrp/TotalAmt077120
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04596254
IRS990/OtherAssetsTotalGrp/EOYAmt05704805
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0231310
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01017666
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01248976
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1IMPROVEMENT TO SITE
IRS990/OtherExpensesGrp/Desc2GRANT WRITING EXPENSE
IRS990/OtherExpensesGrp/Desc3SAFETY
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt015188
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt137035
IRS990/OtherExpensesGrp/ProgramServicesAmt0119566
IRS990/OtherExpensesGrp/ProgramServicesAmt145564
IRS990/OtherExpensesGrp/ProgramServicesAmt235229
IRS990/OtherExpensesGrp/TotalAmt0119566
IRS990/OtherExpensesGrp/TotalAmt160752
IRS990/OtherExpensesGrp/TotalAmt237035
IRS990/OtherExpensesGrp/TotalAmt335229
IRS990/OtherLiabilitiesGrp/BOYAmt010880948
IRS990/OtherLiabilitiesGrp/EOYAmt013198184
IRS990/OtherRevenueMiscGrp/Desc0MISC REVENUE
IRS990/OtherRevenueMiscGrp/Desc1SALES TAX
IRS990/OtherRevenueMiscGrp/Desc2RENTAL OF SCHOOL PROPERTY
IRS990/OtherRevenueMiscGrp/ExclusionAmt046768
IRS990/OtherRevenueMiscGrp/ExclusionAmt129909
IRS990/OtherRevenueMiscGrp/ExclusionAmt27700
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt046768
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt129909
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt27700
IRS990/OtherRevenueTotalAmt084377
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0687367
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03509423
IRS990/OtherSalariesAndWagesGrp/TotalAmt04196790
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt061501
IRS990/PayrollTaxesGrp/ProgramServicesAmt0270579
IRS990/PayrollTaxesGrp/TotalAmt0332080
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0225276
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0991115
IRS990/PensionPlanContributionsGrp/TotalAmt01216391
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013678
IRS990/PrincipalOfficerNm0ROBIN HENDERSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0STATE OF NC
IRS990/ProgramServiceRevenueGrp/Desc1TOTAL COUNTY FUNDS
IRS990/ProgramServiceRevenueGrp/Desc2SCHOOL PROGRAMS & ACTIVITIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05306844
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12035104
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2165383
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05306844
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12035104
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2165383
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0202878
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0240
IRS990/PYOtherExpensesAmt02039175
IRS990/PYOtherRevenueAmt0104138
IRS990/PYProgramServiceRevenueAmt06800614
IRS990/PYRevenuesLessExpensesAmt0-703803
IRS990/PYSalariesCompEmpBnftPaidAmt05772498
IRS990/PYTotalExpensesAmt07811673
IRS990/PYTotalRevenueAmt07107870
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-974121
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt07507331
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0178122
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0238636
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt06733541
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01012984
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07746525
IRS990ScheduleD/EquipmentGrp/BookValueAmt078559
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0285394
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0363953
IRS990ScheduleD/ExpensesNotReportedAmt025160
IRS990ScheduleD/ExpensesSubtotalAmt08754588
IRS990ScheduleD/LandGrp/BookValueAmt0976064
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0976064
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt08528
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0609
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt09137
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03971470
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1922871
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2530776
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3268866
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt410822
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OPEB DEFERRALS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PENSION DEFERRALS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2PENSION PLAN CONTRIBUTIONS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3OPEB CONTRIBUTIONS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4NET OPEB ASSET
IRS990ScheduleD/OtherExpensesIncludedAmt025160
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07663349
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12828106
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22701066
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt35663
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET OPEB LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OPEB DEFERRALS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3PENSION DEFERRALS
IRS990ScheduleD/OtherRevenueAmt025160
IRS990ScheduleD/RevenueNotReportedAmt025160
IRS990ScheduleD/RevenueSubtotalAmt07780467
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TRANSFER 25,160
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1TRANSFER 25,160
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07796692
IRS990ScheduleD/TotalBookValueOtherAssetsAmt05704805
IRS990ScheduleD/TotalExpensesPerForm990Amt08754588
IRS990ScheduleD/TotalLiabilityAmt013198184
IRS990ScheduleD/TotalRevenuePerForm990Amt07780467
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07805627
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08779748
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/ExplanationTxt0SOUTHERN WAKE ACADEMY IS A PUBLIC CHARTER SCHOOL AND IS FUNDED BY THE STATE OF NORTH CAROLINA AND LOCAL GOVERNMENT. NORTH CAROLINA REQUIRES A POLICY OF NONDISCRIMINATION AND THE SCHOOL'S NONDISCRIMINATION POLICY IS DISCLOSED IN ALL SOLICITATIONS FOR STUDENTS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt16A) NORTH CAROLINA CHARTER SCHOOL, FUNDED BY STATE & LOCAL GOVERNMENT. ALSO RECEIVES VARIOUS FEDERAL AND STATE GRANTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 IS REVIEWED BY THE BOARD CHAIR PRIOR TO FILING AND IS MADE AVAILABLE TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS REVIEWS THE POLICY ANNUALLY. IF ANY CONFLICTS ARISE THEY ARE REVIEWED AND RESOLVED BY THE BOARD OF DIRECTORS. BOARD MEMBERS DO NOT VOTE ON ANY ISSUE WHERE THERE IS A POSSIBLE CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION OF TOP MANAGEMENT OFFICIAL IS APPROVED BY THE BOARD AND IS BASED ON COMPARABILITY DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL COMPENSATION IS APPROVED BY THE BOARD AND IS BASED ON COMPARABILITY DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, SCHOOL POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TRANSFER 25,160 TRANSFER -25,160
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt013369924
IRS990/TotalAssetsEOYAmt014603164
IRS990/TotalAssetsGrp/BOYAmt013369924
IRS990/TotalAssetsGrp/EOYAmt014603164
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0188586
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt06692679
IRS990/TotalFunctionalExpensesGrp/TotalAmt08754588
IRS990/TotalGrossUBIAmt00

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