Civic Intelligence

Kerr-Vance Academy Inc

990 • Fiscal year 2024 • EIN 56-6085497

Jul 01, 2023 to Jun 30, 2024 • Filed on Oct 23, 2025

Organization ProfileWWW.KERRVANCE.COM

View Organization Page

700 Kerr Vance Academy RoadHenderson, NC 27537

(252) 492-0018

Siviq Scores

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

Liabilities / Assets

54th percentile

0.08x

Higher debt load relative to assets than 54% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

50th percentile

0.08x

Higher debt load relative to revenue than 50% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

70th percentile

17%

Higher net margin than 70% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

43rd percentile

$21,250

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

79th percentile

20%

Faster asset growth than 79% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

65th percentile

19%

Faster revenue growth than 65% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets54th percentile

Assets

Up

$2,400,573

Up $407,995 (+20%) from 2023

Net Assets

Up

$2,210,681

Up $426,943 (+24%) from 2023

Liabilities

Down

$189,892

Down $18,948 (-9.1%) from 2023

Revenue And Expenses
Liabilities / Revenue50th percentileNet Margin70th percentile

Revenue

Up

$2,462,629

Up $398,867 (+19%) from 2023

Expenses

Up

$2,035,686

Up $533,293 (+35%) from 2023

Net Income

Down

$426,943

Down $134,426 (-24%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$4.0M$2.0M$0-$2.0MAssets 2012: $3,441,954Liabilities 2012: $3,863,312Net Assets 2012: -$421,3582012Assets 2013: $3,207,338Liabilities 2013: $3,552,446Net Assets 2013: -$345,1082013Assets 2014: $2,998,980Liabilities 2014: $3,596,587Net Assets 2014: -$597,6072014Assets 2015: $2,998,719Liabilities 2015: $3,086,035Net Assets 2015: -$87,3162015Assets 2016: $2,843,080Liabilities 2016: $2,806,747Net Assets 2016: $36,3332016Assets 2017: $2,609,682Liabilities 2017: $2,623,802Net Assets 2017: -$14,1202017Assets 2018: $2,843,718Liabilities 2018: $2,927,194Net Assets 2018: -$83,4762018Assets 2019: $2,432,344Liabilities 2019: $2,315,452Net Assets 2019: $116,8922019Assets 2020: $2,677,662Liabilities 2020: $2,048,929Net Assets 2020: $628,7332020Assets 2021: $2,635,444Liabilities 2021: $2,168,820Net Assets 2021: $466,6242021Assets 2022: $1,797,326Liabilities 2022: $574,957Net Assets 2022: $1,222,3692022Assets 2023: $1,992,578Liabilities 2023: $208,840Net Assets 2023: $1,783,7382023Assets 2024: $2,400,573Liabilities 2024: $189,892Net Assets 2024: $2,210,6812024

Highlighted filing

2024

Assets$2,400,573
Liabilities$189,892
Net Assets$2,210,681
Open 2024 Filing

Operations Trend

Revenue Growth65th percentile

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

$4.0M$2.0M$0-$2.0MRevenue 2012: $3,614,173Expenses 2012: $3,790,621Net Income 2012: -$176,4482012Revenue 2013: $3,516,356Expenses 2013: $3,440,106Net Income 2013: $76,2502013Revenue 2014: $2,914,132Expenses 2014: $3,166,631Net Income 2014: -$252,4992014Revenue 2015: $3,043,793Expenses 2015: $2,533,341Net Income 2015: $510,4522015Revenue 2016: $2,627,428Expenses 2016: $2,503,779Net Income 2016: $123,6492016Revenue 2017: $2,328,219Expenses 2017: $2,378,672Net Income 2017: -$50,4532017Revenue 2018: $2,179,425Expenses 2018: $2,248,781Net Income 2018: -$69,3562018Revenue 2019: $2,257,073Expenses 2019: $2,132,193Net Income 2019: $124,8802019Revenue 2020: $2,441,839Expenses 2020: $1,929,998Net Income 2020: $511,8412020Revenue 2021: $1,584,516Expenses 2021: $1,746,625Net Income 2021: -$162,1092021Revenue 2022: $2,267,457Expenses 2022: $1,511,712Net Income 2022: $755,7452022Revenue 2023: $2,063,762Expenses 2023: $1,502,393Net Income 2023: $561,3692023Revenue 2024: $2,462,629Expenses 2024: $2,035,686Net Income 2024: $426,9432024

Highlighted filing

2024

Revenue$2,462,629
Expenses$2,035,686
Net Income$426,943
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Oct 23, 2025
Return Version
2023v6.0
Gross Receipts
$2,462,629
Mission and Program Overview

Mission

We, at kerr-vance academy, strive to provide for our students an intensive liberal arts college preparatory program in a safe atmosphere, where all are treated respectfully. We endeavor to maintain high expectations while actively engaging our students in learning. Further, we strive to foster intellectual curiosity, concern for others, physical development, creativity, and social and moral values.

We, at kerr vance academy, strive to provide for our students an intensive liberal arts college preparatory program in a safe atmosphere, where all are treated respectfully. We endeavor to maintain high expectations while actviely engaging our students in learning. Further, we strive to foster intellectual curiosity, concern for others, physical development, creativity, and social and moral values.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,763,287$2,185,895▲ $422,608
Accounts Receivable$154,239$154,883▲ $644
Land, Buildings, and Equipment, Net$46,697$35,858▼ $10,839
Cash and Non-Interest-Bearing Accounts$28,355$23,937▼ $4,418
Total Assets$1,992,578$2,400,573▲ $407,995
Liabilities
Accounts Payable and Accrued Expenses$120,113$101,034▼ $19,079
Deferred Revenue$88,727$88,858▲ $131
Total Liabilities$208,840$189,892▼ $18,948
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,783,738$2,210,681▲ $426,943
Total Net Assets Fund Balance$1,783,738$2,210,681▲ $426,943
Total Liabilities and Net Assets / Fund Balance$1,992,578$2,400,573▲ $407,995

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$13,305$616,383$629,688
Buildings$22,553$82,184$104,737
Compensation and Service Providers
Top Officer Pay43rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Beth CookPrior Head OFT$21,250$21,250

Board Members and Trustees

NameTitle
Robert BowenPresident
Allen EllisTrustee
Benbury EllingtonTrustee
Brett GreenwayTrustee
Carole Ann WigginsTrustee
Chuck OdomTrustee
Jessica DealTrustee
Timothy PurvisTrustee
Paul WillifordCurrent Pres
Hillary BrameSecretary
Amy ReynoldsTreasurer
Eddie CaudleVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$24,090
Program Service Revenue
$2,321,963
Investment Income
$31,335
Other Revenue
$85,241
All Other Contributions
$24,090
Change in Net Assets
$426,943
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,375,102
Other Expenses$660,584
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,240,150--$1,240,150
All Other Expenses$149,597$63,217-$212,814
Payroll Taxes$111,805$1,897-$113,702
Occupancy-$112,614-$112,614
Insurance-$67,215-$67,215
Other Expenses$41,674$545-$41,674
Interest-$31,819-$31,819
Current Officers, Directors, Trustees, and Key Employees-$21,250-$21,250
Depreciation Depletion-$10,839-$10,839
Advertising-$989-$989
Total Functional Expenses$1,725,301$310,385$0$2,035,686
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$2,605
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“Members are comprised of the parents and guardians of currently enrolled students. There is no limit on the number of members.”

Form 990, Page 6, Part VI, Line 7A

“Members of the governing body (trustees) are elected by members of the organization at the annual meeting. Trustees serve for a period of three years.”

Form 990, Page 6, Part VI, Line 7B

“The only decision of the governing body that requires approval of members is a change in bylaws.”

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

“The annual financial statement and 990 is presented to the members for approval at annual meeting.”

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

“Organization uses guidelines set forth by the nc association of independent schools.”

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

“Organization uses guidelines set forth by the nc association of independent schools.”

Form 990, Page 6, Part VI, Line 19

“The organization uses its website and open meetings.”

Filing and Contact Details

Filer

Filer Name
Kerr Vance Academy Inc
EIN
56-6085497
Phone
2524920018
Address
700 KERR VANCE ACADEMY ROAD, HENDERSON, NC 27537

Signing Officer

Name
Paul Williford
Title
Current President
Phone
2524920018
Signed
2025-10-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Williford
Formed
1967
Voting Board Members
11
Independent Board Members
11
Employees
57
Volunteers
51

Preparer

Firm
Winston Williams Creech Evans & Co Llp
Address
PO BOX 1366, OXFORD, NC 27565-0487
Preparer
Carleen P Evans
Phone
9196935196
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“We, at kerr vance academy, strive to provide for our students an intensive liberal arts college preparatory program in a safe atmosphere, where all are treated respectfully. We endeavor to maintain high expectations while actviely engaging our students in learning. Further, we strive to foster intellectual curiosity, concern for others, physical development, creativity, and social and moral values.”

Form 990, Part IX, Line 24E

“Referees 41,396 0 0 professional fees & dues 0 38,991 0 miscellaneous 30,626 0 0 cable and internet 21,558 0 0 telephone 0 11,204 0 athletic fuel 11,134 0 0 contract labor 11,092 0 0 equipment lease 10,121 0 0 little spartans daycare 9,449 0 0 textbooks 6,211 0 0 cleaning supplies 0 6,055 0 payroll fees 0 5,595 0 events 3,558 0 0 athletic facilities renta 2,717 0 0 paypal fees 1,708 0 0 pension fees 0 773 0 registration & taxes 0 519 0 bank fees 0 80 0 field trips 27 0 0 total 149,597 63,217 0”

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IRS990/MissionDesc0WE, AT KERR VANCE ACADEMY, STRIVE TO PROVIDE FOR OUR STUDENTS AN INTENSIVE LIBERAL ARTS COLLEGE PREPARATORY PROGRAM IN A SAFE ATMOSPHERE, WHERE ALL ARE TREATED RESPECTFULLY. WE ENDEAVOR TO MAINTAIN HIGH EXPECTATIONS WHILE ACTVIELY ENGAGING OUR STUDENTS IN LEARNING. FURTHER, WE STRIVE TO FOSTER INTELLECTUAL CURIOSITY, CONCERN FOR OTHERS, PHYSICAL DEVELOPMENT, CREATIVITY, AND SOCIAL AND MORAL VALUES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01783738
IRS990/NetAssetsOrFundBalancesEOYAmt02210681
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt02605
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt02605
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01783738
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02210681
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0112614
IRS990/OccupancyGrp/TotalAmt0112614
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1FOOD
IRS990/OtherExpensesGrp/Desc2SUPPLIES AND MATERIALS
IRS990/OtherExpensesGrp/Desc3BOOSTER CLUB EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0545
IRS990/OtherExpensesGrp/ProgramServicesAmt081324
IRS990/OtherExpensesGrp/ProgramServicesAmt153734
IRS990/OtherExpensesGrp/ProgramServicesAmt247017
IRS990/OtherExpensesGrp/ProgramServicesAmt341674
IRS990/OtherExpensesGrp/TotalAmt081869
IRS990/OtherExpensesGrp/TotalAmt153734
IRS990/OtherExpensesGrp/TotalAmt247017
IRS990/OtherExpensesGrp/TotalAmt341674
IRS990/OtherRevenueMiscGrp/BusinessCd0611600
IRS990/OtherRevenueMiscGrp/BusinessCd1611600
IRS990/OtherRevenueMiscGrp/BusinessCd2611600
IRS990/OtherRevenueMiscGrp/Desc0BOOSTER CLUB
IRS990/OtherRevenueMiscGrp/Desc1SALES TAX REFUND
IRS990/OtherRevenueMiscGrp/Desc2SUMMER CAMP
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt065682
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt18999
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt23150
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt065682
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt18999
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt23150
IRS990/OtherRevenueTotalAmt082636
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01240150
IRS990/OtherSalariesAndWagesGrp/TotalAmt01240150
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01897
IRS990/PayrollTaxesGrp/ProgramServicesAmt0111805
IRS990/PayrollTaxesGrp/TotalAmt0113702
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0PAUL WILLIFORD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/BusinessCd3611600
IRS990/ProgramServiceRevenueGrp/BusinessCd4611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2ATHLETIC FEES
IRS990/ProgramServiceRevenueGrp/Desc3BUS REVENUE
IRS990/ProgramServiceRevenueGrp/Desc4KVA KIDS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02236638
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt154512
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt218371
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt35000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt44142
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02236638
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt154512
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt218371
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt35000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt44142
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03790
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt010452
IRS990/PYOtherExpensesAmt0473667
IRS990/PYOtherRevenueAmt0454726
IRS990/PYProgramServiceRevenueAmt01594794
IRS990/PYRevenuesLessExpensesAmt0561369
IRS990/PYSalariesCompEmpBnftPaidAmt01028726
IRS990/PYTotalExpensesAmt01502393
IRS990/PYTotalRevenueAmt02063762
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0426943
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02321963
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01763287
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02185895
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/BookValueAmt022553
IRS990ScheduleD/BuildingsGrp/DepreciationAmt082184
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0104737
IRS990ScheduleD/EquipmentGrp/BookValueAmt013305
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0616383
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0629688
IRS990ScheduleD/TotalBookValueLandBuildingsAmt035858
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NOTICE OF NONDISCRIMINATION POLICY IN LOCAL NEWSPAPERS OF VARIOUS COMMUNITIES SERVED BY THE SCHOOL.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WE, AT KERR VANCE ACADEMY, STRIVE TO PROVIDE FOR OUR STUDENTS AN INTENSIVE LIBERAL ARTS COLLEGE PREPARATORY PROGRAM IN A SAFE ATMOSPHERE, WHERE ALL ARE TREATED RESPECTFULLY. WE ENDEAVOR TO MAINTAIN HIGH EXPECTATIONS WHILE ACTVIELY ENGAGING OUR STUDENTS IN LEARNING. FURTHER, WE STRIVE TO FOSTER INTELLECTUAL CURIOSITY, CONCERN FOR OTHERS, PHYSICAL DEVELOPMENT, CREATIVITY, AND SOCIAL AND MORAL VALUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS ARE COMPRISED OF THE PARENTS AND GUARDIANS OF CURRENTLY ENROLLED STUDENTS. THERE IS NO LIMIT ON THE NUMBER OF MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS OF THE GOVERNING BODY (TRUSTEES) ARE ELECTED BY MEMBERS OF THE ORGANIZATION AT THE ANNUAL MEETING. TRUSTEES SERVE FOR A PERIOD OF THREE YEARS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ONLY DECISION OF THE GOVERNING BODY THAT REQUIRES APPROVAL OF MEMBERS IS A CHANGE IN BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ANNUAL FINANCIAL STATEMENT AND 990 IS PRESENTED TO THE MEMBERS FOR APPROVAL AT ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ORGANIZATION USES GUIDELINES SET FORTH BY THE NC ASSOCIATION OF INDEPENDENT SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ORGANIZATION USES GUIDELINES SET FORTH BY THE NC ASSOCIATION OF INDEPENDENT SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION USES ITS WEBSITE AND OPEN MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8REFEREES 41,396 0 0 PROFESSIONAL FEES & DUES 0 38,991 0 MISCELLANEOUS 30,626 0 0 CABLE AND INTERNET 21,558 0 0 TELEPHONE 0 11,204 0 ATHLETIC FUEL 11,134 0 0 CONTRACT LABOR 11,092 0 0 EQUIPMENT LEASE 10,121 0 0 LITTLE SPARTANS DAYCARE 9,449 0 0 TEXTBOOKS 6,211 0 0 CLEANING SUPPLIES 0 6,055 0 PAYROLL FEES 0 5,595 0 EVENTS 3,558 0 0 ATHLETIC FACILITIES RENTA 2,717 0 0 PAYPAL FEES 1,708 0 0 PENSION FEES 0 773 0 REGISTRATION & TAXES 0 519 0 BANK FEES 0 80 0 FIELD TRIPS 27 0 0 TOTAL 149,597 63,217 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01992578
IRS990/TotalAssetsEOYAmt02400573
IRS990/TotalAssetsGrp/BOYAmt01992578
IRS990/TotalAssetsGrp/EOYAmt02400573
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt024090
IRS990/TotalEmployeeCnt057
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0310385
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01725301
IRS990/TotalFunctionalExpensesGrp/TotalAmt02035686
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0208840
IRS990/TotalLiabilitiesEOYAmt0189892
IRS990/TotalLiabilitiesGrp/BOYAmt0208840
IRS990/TotalLiabilitiesGrp/EOYAmt0189892
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01783738
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02210681
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt03300
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt03300
IRS990/TotalProgramServiceExpensesAmt01725301
IRS990/TotalProgramServiceRevenueAmt02321963

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,400,573
Liabilities
$189,892
Net assets
$2,210,681
Revenue
$2,462,629
Expenses
$2,035,686
Net income
$426,943
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.40$0.19$2.21$2.46$2.04$0.43
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$0.21$1.78$2.06$1.50$0.56
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.80$0.57$1.22$2.27$1.51$0.76
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.64$2.17$0.47$1.58$1.75$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.68$2.05$0.63$2.44$1.93$0.51
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.43$2.32$0.12$2.26$2.13$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.84$2.93$0.08$2.18$2.25$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.61$2.62$0.01$2.33$2.38$0.05
2016Detailed filing. Detailed filing data is available for this year.$2.84$2.81$0.04$2.63$2.50$0.12
2015Detailed filing. Detailed filing data is available for this year.$3.00$3.09$0.09$3.04$2.53$0.51
2014Detailed filing. Detailed filing data is available for this year.$3.00$3.60$0.60$2.91$3.17$0.25
2013Summary only. Only limited summary data is available for this year.$3.21$3.55$0.35$3.52$3.44$0.08
2012Summary only. Only limited summary data is available for this year.$3.44$3.86$0.42$3.61$3.79$0.18