Civic Intelligence

Gray Stone Educational Foundation Inc.

990 • Fiscal year 2022 • EIN 56-2211005

Jul 01, 2021 to Jun 30, 2022 • Filed on Feb 27, 2023

Organization ProfileWWW.GRAYSTONEDAY.ORG
49464 Merner TerraceMisenheimer, NC 28109

(704) 463-0567

Siviq Scores

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

Liabilities / Assets

85th percentile

0.87x

Higher debt load relative to assets than 85% of similar nonprofits.

2022 filings • NTEE B • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

84th percentile

1.94x

Higher debt load relative to revenue than 84% of similar nonprofits.

2022 filings • NTEE B • $10M-$25M nonprofits • Source year 2022

Net Margin

66th percentile

13%

Higher net margin than 66% of similar nonprofits.

2022 filings • NTEE B • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

50th percentile

$160,537

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

2022 filings • NTEE B • $10M-$25M nonprofits • Source year 2022

Asset Growth

8th percentile

-16%

Faster asset growth than 8% of similar nonprofits.

2022 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

23rd percentile

-1.7%

Faster revenue growth than 23% of similar nonprofits.

2022 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets85th percentile

Assets

Down

$16,754,071

Down $3,195,881 (-16%) from 2021

Net Assets

Up

$2,201,483

Up $989,523 (+82%) from 2021

Liabilities

Down

$14,552,588

Down $4,185,404 (-22%) from 2021

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin66th percentile

Revenue

Down

$7,493,327

Down $131,647 (-1.7%) from 2021

Expenses

Down

$6,503,804

Down $132,153 (-2.0%) from 2021

Net Income

Up

$989,523

Up $506 (+0.1%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

$30M$20M$10M$0Assets 2011: $9,300,027Liabilities 2011: $5,517,971Net Assets 2011: $3,782,0562011Assets 2012: $9,248,173Liabilities 2012: $5,444,504Net Assets 2012: $3,803,6692012Assets 2013: $10,301,285Liabilities 2013: $6,854,862Net Assets 2013: $3,446,4232013Assets 2014: $9,974,588Liabilities 2014: $6,728,285Net Assets 2014: $3,246,3032014Assets 2015: $9,722,640Liabilities 2015: $7,204,479Net Assets 2015: $2,518,1612015Assets 2016: $9,937,979Liabilities 2016: $6,980,396Net Assets 2016: $2,957,5832016Assets 2017: $11,497,370Liabilities 2017: $8,152,530Net Assets 2017: $3,344,8402017Assets 2018: $15,409,384Liabilities 2018: $15,128,002Net Assets 2018: $281,3822018Assets 2019: $19,465,817Liabilities 2019: $18,836,559Net Assets 2019: $629,2582019Assets 2020: $20,453,371Liabilities 2020: $20,230,428Net Assets 2020: $222,9432020Assets 2021: $19,949,952Liabilities 2021: $18,737,992Net Assets 2021: $1,211,9602021Assets 2022: $16,754,071Liabilities 2022: $14,552,588Net Assets 2022: $2,201,4832022Assets 2023: $15,116,741Liabilities 2023: $11,946,963Net Assets 2023: $3,169,7782023Assets 2024: $14,788,403Liabilities 2024: $11,453,581Net Assets 2024: $3,334,8222024

Highlighted filing

2022

Assets$16,754,071
Liabilities$14,552,588
Net Assets$2,201,483
Open 2022 Filing

Operations Trend

Revenue Growth23rd percentile

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

$10M$5.0M$0-$5.0MRevenue 2011: $2,479,817Expenses 2011: $2,195,981Net Income 2011: $283,8362011Revenue 2012: $2,548,855Expenses 2012: $2,527,242Net Income 2012: $21,6132012Revenue 2013: $2,801,609Expenses 2013: $3,069,855Net Income 2013: -$268,2462013Revenue 2014: $2,985,574Expenses 2014: $3,185,694Net Income 2014: -$200,1202014Revenue 2015: $2,930,572Expenses 2015: $3,178,738Net Income 2015: -$248,1662015Revenue 2016: $3,670,088Expenses 2016: $3,230,666Net Income 2016: $439,4222016Revenue 2017: $4,011,383Expenses 2017: $3,624,126Net Income 2017: $387,2572017Revenue 2018: $6,357,854Expenses 2018: $5,332,999Net Income 2018: $1,024,8552018Revenue 2019: $6,886,748Expenses 2019: $6,538,872Net Income 2019: $347,8762019Revenue 2020: $6,765,212Expenses 2020: $7,171,527Net Income 2020: -$406,3152020Revenue 2021: $7,624,974Expenses 2021: $6,635,957Net Income 2021: $989,0172021Revenue 2022: $7,493,327Expenses 2022: $6,503,804Net Income 2022: $989,5232022Revenue 2023: $7,487,489Expenses 2023: $6,519,194Net Income 2023: $968,2952023Revenue 2024: $7,542,851Expenses 2024: $7,377,807Net Income 2024: $165,0442024

Highlighted filing

2022

Revenue$7,493,327
Expenses$6,503,804
Net Income$989,523
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 27, 2023
Return Version
2021v4.2
Gross Receipts
$7,493,327
Mission and Program Overview

Mission

Provide facilities, teachers, and materials to students enrolled at a public charter school

To operate a charter school in north carolina

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,148,553$10,788,044▼ $360,509
Pd in Cap Srpls Land Bldg Eqp Fund$3,374,917$6,574,241▲ $3,199,324
Cash and Non-Interest-Bearing Accounts$4,816,537$2,634,411▼ $2,182,126
Accounts Receivable$29,064$80,270▲ $51,206
Pledges and Grants Receivable$34,625$32,125▼ $2,500
Prepaid Expenses and Deferred Charges$8,804$0▼ $8,804
Cap Stk Tr Prin Current Funds$9,568$3,038▼ $6,530
Rtn Earn Endowment Incm Other Fnds$-2,172,525$-4,375,796▼ $2,203,271
Total Assets$19,949,950$16,754,071▼ $3,195,879
Other Assets Total$3,912,367$3,219,221▼ $693,146
Liabilities
Other Liabilities$10,883,594$10,239,278▼ $644,316
Mortgage Notes Payable Secured by Investment Property$7,773,635$4,213,803▼ $3,559,832
Accounts Payable and Accrued Expenses$80,761$99,507▲ $18,746
Total Liabilities$18,737,990$14,552,588▼ $4,185,402
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,211,960$2,201,483▲ $989,523
Total Liabilities and Net Assets / Fund Balance$19,949,950$16,754,071▼ $3,195,879

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,951,436$3,952,091-
Land$759,467--
Equipment$77,141$563,944-
Other Assets Org$2,264,924--
Compensation and Service Providers
Top Officer Pay50th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Helen NanceDirectorFT$123,900$36,637$160,537

Board Members and Trustees

NameTitle
Stephen ChambersChairman of the Board
Andrew BurlesonBoard Member
Charles ParnellBoard Member
David BeaverBoard Member
Jim HillierBoard Member
Pat BramlettBoard Member
Ron GarrowBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$7,491,460
Program Service Revenue
$0
Investment Income
$1,867
Other Revenue
$0
All Other Contributions
$180,990
Change in Net Assets
$989,523

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,493,327
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$7,493,327
Total Revenue per Form 990
$7,493,327
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,503,804
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$773,986--$773,986
Interest-$320,239-$320,239
Total Functional Expenses$6,183,565$320,239$0$6,503,804

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,503,804
Total Expenses per Audited Statements$6,503,804
Total Expenses per Form 990$6,503,804
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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$5,780,323
Deferred Inflows Opeb$2,071,542
Deferred Inflows Pension$1,392,360
Net Pension Liability$995,053
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
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 11B

“A draft copy of the 990 return was sent to the board of directors for review before it was filed.”

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

“Each member of the board of directors signs a conflict of interest policy each year.”

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

“The board of directors reviewed comparable salary data to determine chief administrator's salary.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy and financial statements are available for public inspection at the oranization's office upon request. Organization staff are available to provide supervision and answer any questions the inquiring party may have.”

Filing and Contact Details

Filer

Filer Name
Gray Stone Educational Foundation Inc
EIN
56-2211005
Phone
7044630567
Address
49464 MERNER TERRACE, MISENHEIMER, NC 28109

Signing Officer

Name
Helen Nance
Title
Chief Administrator
Phone
7048504201
Signed
2023-02-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Helen Nance
Formed
2003
Legal Domicile
Nc
Voting Board Members
8
Independent Board Members
7
Employees
89
Volunteers
0

Preparer

Firm
Potter & Company Pa
Address
434 COPPERFIELD BLVD NE STE A, CONCORD, NC 28025
Preparer
Kenni E Doyle CPA
Phone
7047868189
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior year.”

Raw XML AppendixShowing 400 of 408 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.

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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt32071542
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NET OPEB LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED INFLOWS PENSION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DEFERRED INFLOWS OPEB
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt07493327
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010788044
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03219221
IRS990ScheduleD/TotalExpensesPerForm990Amt06503804
IRS990ScheduleD/TotalLiabilityAmt010239278
IRS990ScheduleD/TotalRevenuePerForm990Amt07493327
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07493327
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06503804
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE POLICY IS INCLUDED IN THE ORGANIZATION'S STATEMENT OF PURPOSE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS A PUBLIC CHARTER SCHOOL; THEREFORE IT DOES NOT OFFER SCHOLARSHIPS OR FINANCIAL AID.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION RECEIVES FEDERAL AND STATE ASSISTANCE THROUGH THE STATE BOARD OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0123900
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt020295
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt016342
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0HELEN NANCE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0160537
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT COPY OF THE 990 RETURN WAS SENT TO THE BOARD OF DIRECTORS FOR REVIEW BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH MEMBER OF THE BOARD OF DIRECTORS SIGNS A CONFLICT OF INTEREST POLICY EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEWED COMPARABLE SALARY DATA TO DETERMINE CHIEF ADMINISTRATOR'S SALARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AT THE ORANIZATION'S OFFICE UPON REQUEST. ORGANIZATION STAFF ARE AVAILABLE TO PROVIDE SUPERVISION AND ANSWER ANY QUESTIONS THE INQUIRING PARTY MAY HAVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt019949950
IRS990/TotalAssetsEOYAmt016754071
IRS990/TotalAssetsGrp/BOYAmt019949950
IRS990/TotalAssetsGrp/EOYAmt016754071
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt07491460
IRS990/TotalEmployeeCnt089
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0320239
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt06183565
IRS990/TotalFunctionalExpensesGrp/TotalAmt06503804
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt018737990
IRS990/TotalLiabilitiesEOYAmt014552588
IRS990/TotalLiabilitiesGrp/BOYAmt018737990
IRS990/TotalLiabilitiesGrp/EOYAmt014552588
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01211960
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02201483
IRS990/TotalOtherCompensationAmt036637
IRS990/TotalProgramServiceExpensesAmt06183565
IRS990/TotalReportableCompFromOrgAmt0123900
IRS990/TotalRevenueGrp/ExclusionAmt01867
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt07493327
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt019949950
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt016754071
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 650
IRS990/USAddress/CityNm0MISENHEIMER
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028109
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.GRAYSTONEDAY.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0HELEN NANCE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF ADMINISTRATOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07048504201
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-02-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRAY STONE EDUCATIONAL FOUNDATION INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DBA GRAY STONE DAY SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0GRAY
ReturnHeader/Filer/EIN0562211005
ReturnHeader/Filer/PhoneNum07044630567
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ReturnHeader/Filer/USAddress/CityNm0MISENHEIMER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028109
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561220683
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0POTTER & COMPANY PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0434 COPPERFIELD BLVD NE STE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CONCORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028025
ReturnHeader/PreparerPersonGrp/PhoneNum07047868189

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,754,071
Liabilities
$14,552,588
Net assets
$2,201,483
Revenue
$7,493,327
Expenses
$6,503,804
Net income
$989,523
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$14.8$11.5$3.33$7.54$7.38$0.17
2023Detailed filing. Detailed filing data is available for this year.$15.1$11.9$3.17$7.49$6.52$0.97
2022Detailed filing. Detailed filing data is available for this year.$16.8$14.6$2.20$7.49$6.50$0.99
2021Detailed filing. Detailed filing data is available for this year.$19.9$18.7$1.21$7.62$6.64$0.99
2020Detailed filing. Detailed filing data is available for this year.$20.5$20.2$0.22$6.77$7.17$0.41
2019Detailed filing. Detailed filing data is available for this year.$19.5$18.8$0.63$6.89$6.54$0.35
2018Detailed filing. Detailed filing data is available for this year.$15.4$15.1$0.28$6.36$5.33$1.02
2017Detailed filing. Detailed filing data is available for this year.$11.5$8.15$3.34$4.01$3.62$0.39
2016Detailed filing. Detailed filing data is available for this year.$9.94$6.98$2.96$3.67$3.23$0.44
2015Detailed filing. Detailed filing data is available for this year.$9.72$7.20$2.52$2.93$3.18$0.25
2014Detailed filing. Detailed filing data is available for this year.$9.97$6.73$3.25$2.99$3.19$0.20
2013Summary only. Only limited summary data is available for this year.$10.3$6.85$3.45$2.80$3.07$0.27
2012Summary only. Only limited summary data is available for this year.$9.25$5.44$3.80$2.55$2.53$0.02
2011Summary only. Only limited summary data is available for this year.$9.30$5.52$3.78$2.48$2.20$0.28