Civic Intelligence

Horse Creek Academy

990 • Fiscal year 2017 • EIN 57-1111775

Jul 01, 2016 to Jun 30, 2017 • Filed on Dec 21, 2017

Organization ProfileWWW.hcacs.net
1200 Toolebeck RoadAiken, SC 29803

(803) 226-0160

Siviq Scores

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

Liabilities / Assets

95th percentile

1.20x

Higher debt load relative to assets than 95% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

90th percentile

2.60x

Higher debt load relative to revenue than 90% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

19th percentile

-8.6%

Higher net margin than 19% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

25th percentile

$60,044

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

55th percentile

5.6%

Faster asset growth than 55% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

63rd percentile

10%

Faster revenue growth than 63% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$7,811,396

Up $414,892 (+5.6%) from 2016

Net Assets

Down

-$1,541,334

Down $435,242 (-39%) from 2016

Liabilities

Up

$9,352,730

Up $850,134 (+10.0%) from 2016

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin19th percentile

Revenue

Up

$3,603,491

Up $331,422 (+10%) from 2016

Expenses

Up

$3,912,983

Up $476,595 (+14%) from 2016

Net Income

Down

-$309,492

Down $145,173 (-88%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

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

$40M$20M$0-$20MAssets 2010: $718,030Liabilities 2010: $620,978Net Assets 2010: $97,0522010Assets 2011: $801,107Liabilities 2011: $581,646Net Assets 2011: $219,4612011Assets 2012: $959,025Liabilities 2012: $606,397Net Assets 2012: $352,6282012Assets 2013: $963,182Liabilities 2013: $537,180Net Assets 2013: $426,0022013Assets 2014: $6,367,553Liabilities 2014: $6,019,713Net Assets 2014: $347,8402014Assets 2015: $6,753,646Liabilities 2015: $6,268,699Net Assets 2015: $484,9472015Assets 2016: $7,396,504Liabilities 2016: $8,502,596Net Assets 2016: -$1,106,0922016Assets 2017: $7,811,396Liabilities 2017: $9,352,730Net Assets 2017: -$1,541,3342017Assets 2018: $8,056,923Liabilities 2018: $13,100,698Net Assets 2018: -$5,043,7752018Assets 2019: $9,039,224Liabilities 2019: $14,829,086Net Assets 2019: -$5,789,8622019Assets 2020: $8,369,510Liabilities 2020: $14,894,108Net Assets 2020: -$6,524,5982020Assets 2021: $27,042,463Liabilities 2021: $34,055,606Net Assets 2021: -$7,013,1432021Assets 2022: $30,897,024Liabilities 2022: $39,460,152Net Assets 2022: -$8,563,1282022Assets 2023: $23,717,392Liabilities 2023: $23,180,060Net Assets 2023: $537,3322023Assets 2024: $23,916,472Liabilities 2024: $23,211,896Net Assets 2024: $704,5762024

Highlighted filing

2017

Assets$7,811,396
Liabilities$9,352,730
Net Assets-$1,541,334
Open 2017 Filing

Operations Trend

Revenue Growth63rd percentile

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $1,060,0312010Revenue 2011: $1,156,710Expenses 2011: $1,034,301Net Income 2011: $122,4092011Expenses 2012: $1,196,5762012Revenue 2013: $1,396,688Expenses 2013: $1,323,314Net Income 2013: $73,3742013Revenue 2014: $1,554,459Expenses 2014: $1,632,621Net Income 2014: -$78,1622014Revenue 2015: $2,778,772Expenses 2015: $2,641,665Net Income 2015: $137,1072015Revenue 2016: $3,272,069Expenses 2016: $3,436,388Net Income 2016: -$164,3192016Revenue 2017: $3,603,491Expenses 2017: $3,912,983Net Income 2017: -$309,4922017Revenue 2018: $4,402,353Expenses 2018: $4,627,580Net Income 2018: -$225,2272018Revenue 2019: $4,688,815Expenses 2019: $4,580,264Net Income 2019: $108,5512019Revenue 2020: $5,031,703Expenses 2020: $4,900,974Net Income 2020: $130,7292020Revenue 2021: $8,935,137Expenses 2021: $8,940,286Net Income 2021: -$5,1492021Revenue 2022: $12,511,831Expenses 2022: $13,289,080Net Income 2022: -$777,2492022Revenue 2023: $15,395,149Expenses 2023: $14,640,297Net Income 2023: $754,8522023Revenue 2024: $17,439,765Expenses 2024: $17,272,522Net Income 2024: $167,2432024

Highlighted filing

2017

Revenue$3,603,491
Expenses$3,912,983
Net Income-$309,492
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Dec 21, 2017
Return Version
2016v3.0
Gross Receipts
$3,689,054
Mission and Program Overview

Mission

Providing services to a diverse population of students in a unique learning environment with special emphasis on academic innovation and flexibility while encouraging students to excel in one or more areas of intelligence.

To provide a quality education to every child sent to us in order to prepare them for college or the workplace.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,152,234$5,303,885▲ $151,651
Cash and Non-Interest-Bearing Accounts$1,426,237$1,293,651▼ $132,586
Prepaid Expenses and Deferred Charges$98,464$41,554▼ $56,910
Total Assets$7,396,504$7,811,396▲ $414,892
Other Assets Total$719,569$1,172,306▲ $452,737
Liabilities
Tax Exempt Bond Liabilities$5,425,160$5,382,740▼ $42,420
Other Liabilities$2,320,777$3,121,497▲ $800,720
Accounts Payable and Accrued Expenses$362,137$317,179▼ $44,958
Deferred Revenue$238,404$276,342▲ $37,938
Mortgage Notes Payable Secured by Investment Property$281,868$254,972▼ $26,896
Total Liabilities$8,628,346$9,352,730▲ $724,384
Net Assets / Fund Balance
Temporarily Rstr Net Assets$781,936$312,273▼ $469,663
Unrestricted Net Assets$-2,013,778$-1,853,607▲ $160,171
Total Net Assets Fund Balance$-1,231,842$-1,541,334▼ $309,492
Total Liabilities and Net Assets / Fund Balance$7,396,504$7,811,396▲ $414,892

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,813,414$271,526$4,626,644
Equipment$180,231$315,554$495,785
Land$310,240-$310,240
Other Assets Org$1,172,306--
Compensation and Service Providers
Top Officer Pay25th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
carol r grealishbusiness managerFT$43,541$16,503$60,044
Frank RobersonExecutive DirectorFT$50,952$8,380$59,332

Board Members and Trustees

NameTitle
jake edwardspresident
suzanne ryevice president
amber wheelerboard member
kevin murrayboard member
thomas taylorboard member
jenny frenchsecretary
rosalyn bowmantreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,518,869
Program Service Revenue
$169,375
Investment Income
$-84,753
Other Revenue
$0
All Other Contributions
$51,883
Change in Net Assets
$-309,492

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,603,491
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$85,563
Total Revenue per Audited Statements
$3,689,054
Total Revenue per Form 990
$3,603,491
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,777,590
Other Expenses$1,135,393
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,416,469$296,467-$1,712,936
Pension Plan Contributions$433,015$111,979-$544,994
Interest$421,561--$421,561
Other Employee Benefits$206,134$53,307-$259,441
Depreciation Depletion$192,295--$192,295
Payroll Taxes$111,409$28,811-$140,220
Current Officers, Directors, Trustees, and Key Employees$99,230$20,769-$119,999
Occupancy$26,735$26,735-$53,470
Other Expenses$1,875$18,729-$20,604
Fees for Services Accounting-$16,200-$16,200
Fees for Services Legal-$13,761-$13,761
Total Functional Expenses$3,210,673$702,310$0$3,912,983

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,998,546
Expenses per Audited Statements$3,912,983
Total Expenses per Form 990$3,912,983
Expenses Not Reported on Form 990$85,563
Expenses Not Reported on Financial Statements$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
Pension Obligation$3,118,111
Deferred Inflows of Resources - Pensions$3,386

Bond Issues

BondIssuerIssuedIssue PricePurpose
Asc jeda2014-04-01$5,335,000capital projects

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$5,335,000--$103,552

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
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 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, Part VI, Section B, line 11B

“All officers and directors are asked to review the 990 form and schedules before filing.”

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

“The organization has a conflicts of interest policy that is monitored on an annual basis. In the event of a potential conflict, the interested parties present in writing a statement of recusal to the board for resolution.”

Form 990, Part VI, Section B, line 15

“The board approves the budget which includes the salary for the executive director and any other key employees that receive a salary. Salaries are determined using the aiken county public schools salary schedule. All discussions are documented.”

Form 990, Part VI, Section C, line 19

“All governing documents, financial statements, and tax filings are available for review upon request at the school's legal address.”

Filing and Contact Details

Filer

Filer Name
Horse Creek Academy
EIN
57-1111775
Phone
8032260160
Address
1200 TOOLEBECK ROAD, AIKEN, SC 29803

Signing Officer

Name
Frank Roberson
Title
Executive Director
Phone
8032260160
Signed
2017-12-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frank Roberson
Formed
2002
Legal Domicile
Sc
Voting Board Members
7
Independent Board Members
7
Employees
85
Volunteers
200

Preparer

Firm
Elliott Davis LLCPLLC
Address
1901 Main Street Suite 900, Columbia, SC 29201
Preparer
Denise P Hill
Phone
8032560002
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 2C

“The board assumes responsibility for the oversight of the audit and selection of the independent auditor.”

Financial Statement Notes

Part X, Line 2:

“Fin 48: the financial statements were prepared in accordance with governmental accounting which does not require the adoption of fin 48.”

Part XI, Line 2D - Other Adjustments:

“loss on disposal of assets shown as an expense on the audited financials 85,563.”

Part XII, Line 2D - Other Adjustments:

“loss on disposal of assets shown as an expense on the audited financials 85,563.”

Raw XML AppendixShowing 400 of 498 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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IRS990/Desc0THE PRIMARY PURPOSE OF HORSE CREEK ACADEMY IS TO PROVIDE A QUALITY EDUCATION TO A DIVERSE GROUP OF STUDENTS IN GRADES 4K THROUGH EIGHT GRADE. WE WILL PROVIDE A CHALLENGING CURRICULUM USING BEST PRACTICES THAT ARE DATA DRIVEN. WE PROVIDE THAT EDUCATION THROUGH NATURAL EXPERIENCES, INVESTIGATIVE RESEARCH, HANDS ON ACTIVITIES, AND PARENTAL INVOLVEMENT. HCA CURRENTLY EDUCATES 480 PRECOCIOUS CHILDREN WITH VARYING ABILITIES AND BACKGROUNDS. WE ADVANCE STUDENT KNOWLEDGE THROUGH USE OF THE STATE'S CORE ACADEMIC SUBJECT STANDARDS. WE PROVIDE A VERY DIVERSE CORE ON NON ACADEMIC SUBJECTS INCLUDING CHORUS, PHYSICAL EDUCATION, COMPUTERS, AND LIBRARY. WE ALSO PROVIDE EXTRA CURRICULAR ACTIVIES SUCH AS SCIENCE CLUB, DRAMA, TUTORING, AND INTRAMURRAL SPORTS.
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IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0719569
IRS990/OtherAssetsTotalGrp/EOYAmt01172306
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt053307
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0206134
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0259441
IRS990/OtherExpensesGrp/Desc0PURCHASED SERVICES
IRS990/OtherExpensesGrp/Desc1SUPPLIES AND MATERIALS
IRS990/OtherExpensesGrp/Desc2Capital Outlay
IRS990/OtherExpensesGrp/Desc3other
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt068999
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt117885
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt228668
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt318729
IRS990/OtherExpensesGrp/ProgramServicesAmt0141148
IRS990/OtherExpensesGrp/ProgramServicesAmt1133707
IRS990/OtherExpensesGrp/ProgramServicesAmt227095
IRS990/OtherExpensesGrp/ProgramServicesAmt31875
IRS990/OtherExpensesGrp/TotalAmt0210147
IRS990/OtherExpensesGrp/TotalAmt1151592
IRS990/OtherExpensesGrp/TotalAmt255763
IRS990/OtherExpensesGrp/TotalAmt320604
IRS990/OtherLiabilitiesGrp/BOYAmt02320777
IRS990/OtherLiabilitiesGrp/EOYAmt03121497
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0296467
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01416469
IRS990/OtherSalariesAndWagesGrp/TotalAmt01712936
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt028811
IRS990/PayrollTaxesGrp/ProgramServicesAmt0111409
IRS990/PayrollTaxesGrp/TotalAmt0140220
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0111979
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0433015
IRS990/PensionPlanContributionsGrp/TotalAmt0544994
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt098464
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt041554
IRS990/PrincipalOfficerNm0Frank Roberson
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0pupil activities
IRS990/ProgramServiceRevenueGrp/Desc1lunch sales
IRS990/ProgramServiceRevenueGrp/Desc2other
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0118960
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt148915
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0118960
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt148915
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21500
IRS990/ProgSrvcAccomActy2Grp/Desc0hca currently educates 556 precious children with varying abilities and backgrounds. we advance student knowledge through use of the state's core academic subject standards.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01070224
IRS990/ProgSrvcAccomActy3Grp/Desc0we provide a very diverse core of non academic subjects including chorus, art, physical education, computers, and library. We also provide extra currcular activities such as science club, drama, tutoring, and intramural sports.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01070224
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03114429
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01085457
IRS990/PYOtherRevenueAmt055788
IRS990/PYProgramServiceRevenueAmt0101852
IRS990/PYRevenuesLessExpensesAmt0-164319
IRS990/PYSalariesCompEmpBnftPaidAmt02350931
IRS990/PYTotalExpensesAmt03436388
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03272069
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-309492
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0169375
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt04813414
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0271526
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0458296
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04626644
IRS990ScheduleD/EquipmentGrp/BookValueAmt0180231
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0315554
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0495785
IRS990ScheduleD/ExpensesNotReportedAmt085563
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03912983
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0310240
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0310240
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01172306
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PENSION - DEFERRED OUTFLOWS OF RESOURCES
IRS990ScheduleD/OtherExpensesIncludedAmt085563
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03118111
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13386
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PENSION OBLIGATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED INFLOWS OF RESOURCES - PENSIONS
IRS990ScheduleD/OtherRevenueAmt085563
IRS990ScheduleD/RevenueNotReportedAmt085563
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03603491
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FIN 48: THE FINANCIAL STATEMENTS WERE PREPARED IN ACCORDANCE WITH GOVERNMENTAL ACCOUNTING WHICH DOES NOT REQUIRE THE ADOPTION OF FIN 48.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1loss on disposal of assets shown as an expense on the audited financials 85,563.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2loss on disposal of assets shown as an expense on the audited financials 85,563.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05303885
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01172306
IRS990ScheduleD/TotalExpensesPerForm990Amt03912983
IRS990ScheduleD/TotalLiabilityAmt03121497
IRS990ScheduleD/TotalRevenuePerForm990Amt03603491
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03689054
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03998546
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/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0information is provided in the information documents as well as other printed material.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1the organization is a public charter school. therefore, it does not offer scholarships or financial aid.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION RECEIVES GOVERNMENTAL FUNDING FROM VARIOUS STATE AND FEDERAL AGENCIES, INCLUDING THE STATE OF SOUTH CAROLINA.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Part I, Line 6
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02014-04-01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt05335000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0sc jeda
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0capital projects
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt04772932
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt0458516
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0103552
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt05335000
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL OFFICERS AND DIRECTORS ARE ASKED TO REVIEW THE 990 FORM AND SCHEDULES BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization has a conflicts of interest policy that is monitored on an annual basis. In the event of a potential conflict, the interested parties present in writing a statement of recusal to the board for resolution.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,811,396
Liabilities
$9,352,730
Net assets
-$1,541,334
Revenue
$3,603,491
Expenses
$3,912,983
Net income
-$309,492
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.9$23.2$0.70$17.4$17.3$0.17
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.7$23.2$0.54$15.4$14.6$0.75
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.9$39.5$8.56$12.5$13.3$0.78
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.0$34.1$7.01$8.94$8.94$0.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.37$14.9$6.52$5.03$4.90$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.04$14.8$5.79$4.69$4.58$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.06$13.1$5.04$4.40$4.63$0.23
2017Detailed filing. Detailed filing data is available for this year.$7.81$9.35$1.54$3.60$3.91$0.31
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.40$8.50$1.11$3.27$3.44$0.16
2015Detailed filing. Detailed filing data is available for this year.$6.75$6.27$0.48$2.78$2.64$0.14
2014Detailed filing. Detailed filing data is available for this year.$6.37$6.02$0.35$1.55$1.63$0.08
2013Summary only. Only limited summary data is available for this year.$0.96$0.54$0.43$1.40$1.32$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.61$0.35$1.20
2011Summary only. Only limited summary data is available for this year.$0.80$0.58$0.22$1.16$1.03$0.12
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.72$0.62$0.10$1.06