Civic Intelligence

Mountain Island Charter School Inc.

990 • Fiscal year 2015 • EIN 80-0467949

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 15, 2016

Organization ProfileWWW.MICHARTER.ORG

View Organization Page

13440 Lucia Riverbend HighwayMount Holly, NC 28120

(704) 827-8840

Siviq Scores

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

Liabilities / Assets

40th percentile

0.18x

Higher debt load relative to assets than 40% of similar nonprofits.

2015 filings • NTEE B • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

30th percentile

0.08x

Higher debt load relative to revenue than 30% of similar nonprofits.

2015 filings • NTEE B • $5M-$10M nonprofits • Source year 2015

Net Margin

79th percentile

17%

Higher net margin than 79% of similar nonprofits.

2015 filings • NTEE B • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

39th percentile

$116,198

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2015 filings • NTEE B • $5M-$10M nonprofits • Source year 2015

Asset Growth

1st percentile

-67%

Faster asset growth than 1% of similar nonprofits.

2015 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

80th percentile

24%

Faster revenue growth than 80% of similar nonprofits.

2015 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets40th percentile

Assets

Down

$4,323,581

Down $8,837,119 (-67%) from 2014

Net Assets

Down

$3,549,474

Down $712,481 (-17%) from 2014

Liabilities

Down

$774,107

Down $8,124,638 (-91%) from 2014

Revenue And Expenses
Liabilities / Revenue30th percentileNet Margin79th percentile

Revenue

Up

$9,307,305

Up $1,816,034 (+24%) from 2014

Expenses

Up

$7,768,371

Up $1,273,012 (+20%) from 2014

Net Income

Up

$1,538,934

Up $543,022 (+55%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$15M$10M$5.0M$0Assets 2011: $1,488,083Liabilities 2011: $363,731Net Assets 2011: $1,124,3522011Assets 2012: $2,671,620Liabilities 2012: $317,495Net Assets 2012: $2,354,1252012Assets 2013: $12,653,335Liabilities 2013: $9,387,292Net Assets 2013: $3,266,0432013Assets 2014: $13,160,700Liabilities 2014: $8,898,745Net Assets 2014: $4,261,9552014Assets 2015: $4,323,581Liabilities 2015: $774,107Net Assets 2015: $3,549,4742015Assets 2016: $5,765,693Liabilities 2016: $582,516Net Assets 2016: $5,183,1772016Assets 2017: $7,237,294Liabilities 2017: $655,253Net Assets 2017: $6,582,0412017Assets 2018: $8,059,882Liabilities 2018: $662,140Net Assets 2018: $7,397,7422018Assets 2019: $8,894,174Liabilities 2019: $829,115Net Assets 2019: $8,065,0592019Assets 2020: $9,335,715Liabilities 2020: $910,807Net Assets 2020: $8,424,9082020Assets 2021: $10,307,817Liabilities 2021: $973,618Net Assets 2021: $9,334,1992021Assets 2022: $11,409,823Liabilities 2022: $949,208Net Assets 2022: $10,460,6152022Assets 2023: $11,540,446Liabilities 2023: $991,510Net Assets 2023: $10,548,9362023

Highlighted filing

2015

Assets$4,323,581
Liabilities$774,107
Net Assets$3,549,474
Open 2015 Filing

Operations Trend

Revenue Growth80th percentile

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

$20M$15M$10M$5.0M$0Revenue 2011: $4,578,651Expenses 2011: $3,454,299Net Income 2011: $1,124,3522011Revenue 2012: $5,528,067Expenses 2012: $4,298,294Net Income 2012: $1,229,7732012Expenses 2013: $5,429,8012013Revenue 2014: $7,491,271Expenses 2014: $6,495,359Net Income 2014: $995,9122014Revenue 2015: $9,307,305Expenses 2015: $7,768,371Net Income 2015: $1,538,9342015Revenue 2016: $10,736,787Expenses 2016: $9,103,084Net Income 2016: $1,633,7032016Revenue 2017: $11,626,352Expenses 2017: $10,227,488Net Income 2017: $1,398,8642017Revenue 2018: $12,025,282Expenses 2018: $11,209,581Net Income 2018: $815,7012018Revenue 2019: $13,461,103Expenses 2019: $12,793,786Net Income 2019: $667,3172019Revenue 2020: $14,206,695Expenses 2020: $13,846,846Net Income 2020: $359,8492020Revenue 2021: $15,645,892Expenses 2021: $14,736,601Net Income 2021: $909,2912021Revenue 2022: $17,724,711Expenses 2022: $16,598,296Net Income 2022: $1,126,4152022Revenue 2023: $17,955,804Expenses 2023: $17,867,401Net Income 2023: $88,4032023

Highlighted filing

2015

Revenue$9,307,305
Expenses$7,768,371
Net Income$1,538,934
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 15, 2016
Return Version
2014v6.0
Gross Receipts
$9,307,305
Mission and Program Overview

Mission

To operate a charter school in north carolina

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,836,135$3,099,914▲ $263,779
Rtn Earn Endowment Incm Other Fnds$2,126,514$2,365,525▲ $239,011
Land, Buildings, and Equipment, Net$10,304,235$1,183,949▼ $9,120,286
Pd in Cap Srpls Land Bldg Eqp Fund$2,135,441$1,183,949▼ $951,492
Accounts Receivable$72$29,589▲ $29,517
Prepaid Expenses and Deferred Charges$20,258$10,129▼ $10,129
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$13,160,700$4,323,581▼ $8,837,119
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,168,794$0▼ $8,168,794
Accounts Payable and Accrued Expenses$677,864$770,075▲ $92,211
Other Liabilities$52,087$4,032▼ $48,055
Total Liabilities$8,898,745$774,107▼ $8,124,638
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,261,955$3,549,474▼ $712,481
Total Liabilities and Net Assets / Fund Balance$13,160,700$4,323,581▼ $8,837,119

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,087,616--
Equipment$55,871$110,704-
Leasehold Improvements$40,462$1,038-
Compensation and Service Providers
Top Officer Pay39th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Justin MatthewsExecutive DirectorFT$116,198$116,198

Board Members and Trustees

NameTitle
Kelly PledgerBoard Chairperson
Bobby SpiveyBoard Member
Brett RhinehardtBoard Member
David AshburnBoard Member
Jodi HillBoard Member
Joel MurphyBoard Member
Matt AddingtonBoard Member
Shannon RussellBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$9,050,301
Program Service Revenue
$257,004
Investment Income
$0
Other Revenue
$0
All Other Contributions
$485,275
Change in Net Assets
$1,538,934

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,307,305
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$9,307,305
Total Revenue per Form 990
$9,307,305
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,101,833
Other Expenses$2,666,538
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$3,684,256$367,201-$4,051,457
Occupancy$7,208$983,364-$990,572
Other Employee Benefits$511,500$60,835-$572,335
Payroll Taxes$252,551$46,691-$299,242
Current Officers, Directors, Trustees, and Key Employees-$116,198-$116,198
Pension Plan Contributions$49,686$12,915-$62,601
Other Expenses$34,203$0-$34,203
Insurance-$34,161-$34,161
Depreciation Depletion$24,309$1,038-$25,347
All Other Expenses$11,011$11,339-$22,350
Conferences and Meetings$17,412$1,422-$18,834
Information Technology-$12,812-$12,812
Travel$5,933$6,515-$12,448
Office Expenses-$4,539-$4,539
Total Functional Expenses$5,659,613$2,108,758$0$7,768,371

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,768,371
Total Expenses per Audited Statements$7,768,371
Total Expenses per Form 990$7,768,371
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
Compensated Absences$4,032
Governance and Compliance

Governance Checklist

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

“A draft copy of the 990 return was presented to the board of directors at their regularly scheduled meeting for review and approval.”

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 head of school'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
Mountain Island Charter School
EIN
80-0467949
Phone
7048278840
Address
13440 LUCIA RIVERBEND HIGHWAY, MOUNT HOLLY, NC 28120

Signing Officer

Name
Justin Matthews
Title
Executive Director
Phone
7048278840
Signed
2016-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Justin Matthews
Formed
2009
Legal Domicile
Nc
Voting Board Members
8
Independent Board Members
8
Employees
143
Volunteers
250

Preparer

Firm
Potter & Company Pa
Address
434 COPPERFIELD BLVD NE STE A, CONCORD, NC 28025
Preparer
Samuel M Leder CPA
Phone
7047868189
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Special item - transfer of land and buildings, net of related debt to mics soar foundation (ein# 46-1443063) -2,251,415.”

Financial Statement Notes

PART X, LINE 2:

“The school has adopted asc 740-10 as it relates to uncertain tax positions for the year ended june 30, 2015 and has evaluated its tax positions taken for all open tax years. Currently, the tax year ended 2011, 2012 and 2013 are open and subject to examination by the internal revenue service. However, the school is not currently under audit nor has the school been contacted by these jurisdictions. Based on the evaluation of the schools tax positions, management believes all positions taken would be upheld under an examination. Therefore, no provision for the effects of uncertain tax positions has been recorded for the year end june 30, 2015.”

Raw XML AppendixShowing 400 of 457 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/PrincipalOfficerNm0JUSTIN MATTHEWS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0624410
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0BEFORE AND AFTER SCHOO
IRS990/ProgramServiceRevenueGrp/Desc1SCHOOL FOOD SERVICE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0134309
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1122695
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0134309
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1122695
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt07623834
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-282064
IRS990/PYOtherExpensesAmt01931864
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0149501
IRS990/PYRevenuesLessExpensesAmt0995912
IRS990/PYSalariesCompEmpBnftPaidAmt04563495
IRS990/PYTotalExpensesAmt06495359
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07491271
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt01538934
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt09307305
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02126514
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02365525
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt055871
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0110704
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0166575
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt07768371
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt040462
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01038
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt041500
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01087616
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt01087616
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04032
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0COMPENSATED ABSENCES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt09307305
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL HAS ADOPTED ASC 740-10 AS IT RELATES TO UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED JUNE 30, 2015 AND HAS EVALUATED ITS TAX POSITIONS TAKEN FOR ALL OPEN TAX YEARS. CURRENTLY, THE TAX YEAR ENDED 2011, 2012 AND 2013 ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. HOWEVER, THE SCHOOL IS NOT CURRENTLY UNDER AUDIT NOR HAS THE SCHOOL BEEN CONTACTED BY THESE JURISDICTIONS. BASED ON THE EVALUATION OF THE SCHOOLS TAX POSITIONS, MANAGEMENT BELIEVES ALL POSITIONS TAKEN WOULD BE UPHELD UNDER AN EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED FOR THE YEAR END JUNE 30, 2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01183949
IRS990ScheduleD/TotalExpensesPerForm990Amt07768371
IRS990ScheduleD/TotalLiabilityAmt04032
IRS990ScheduleD/TotalRevenuePerForm990Amt09307305
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt09307305
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07768371
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/ExplanationTxt0THE POLICY IS INCLUDED IN THE ORGANIZATION'S STATEMENT OF PURPOSE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE 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 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT COPY OF THE 990 RETURN WAS PRESENTED TO THE BOARD OF DIRECTORS AT THEIR REGULARLY SCHEDULED MEETING FOR REVIEW AND APPROVAL.
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 HEAD OF SCHOOL'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/ExplanationTxt4SPECIAL ITEM - TRANSFER OF LAND AND BUILDINGS, NET OF RELATED DEBT TO MICS SOAR FOUNDATION (EIN# 46-1443063) -2,251,415.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
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 XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MOUNTAIN ISLAND CHARTER SCHOOL SOAR FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0461443063
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 (C) (3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LEASE SCHOOL FACILITIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt014516 LUCIA RIVERBEN HIGHWAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MOUNT HOLLY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd028120
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd01
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt07882762
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1543781
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt22251415
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0LOAN GUARANTEE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1LEASE PAYMENTS
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2TRANSFER OF LAND AND BUILDINGS,NE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt3NET OF RELATED DEBT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0MOUNTAIN ISLAND CHARTER SCHOOL SOAR FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1MOUNTAIN ISLAND CHARTER SCHOOL SOAR FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2MOUNTAIN ISLAND CHARTER SCHOOL SOAR FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0D
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1K
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2R
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd01
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt013160700
IRS990/TotalAssetsEOYAmt04323581
IRS990/TotalAssetsGrp/BOYAmt013160700
IRS990/TotalAssetsGrp/EOYAmt04323581
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt09050301
IRS990/TotalEmployeeCnt0143
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02108758
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt05659613
IRS990/TotalFunctionalExpensesGrp/TotalAmt07768371
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt08898745
IRS990/TotalLiabilitiesEOYAmt0774107
IRS990/TotalLiabilitiesGrp/BOYAmt08898745

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,323,581
Liabilities
$774,107
Net assets
$3,549,474
Revenue
$9,307,305
Expenses
$7,768,371
Net income
$1,538,934
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$11.5$0.99$10.5$18.0$17.9$0.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.4$0.95$10.5$17.7$16.6$1.13
2021Summary only. Only limited summary data is available for this year.$10.3$0.97$9.33$15.6$14.7$0.91
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.34$0.91$8.42$14.2$13.8$0.36
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.89$0.83$8.07$13.5$12.8$0.67
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.06$0.66$7.40$12.0$11.2$0.82
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.24$0.66$6.58$11.6$10.2$1.40
2016Detailed filing. Detailed filing data is available for this year.$5.77$0.58$5.18$10.7$9.10$1.63
2015Detailed filing. Detailed filing data is available for this year.$4.32$0.77$3.55$9.31$7.77$1.54
2014Detailed filing. Detailed filing data is available for this year.$13.2$8.90$4.26$7.49$6.50$1.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.7$9.39$3.27$5.43
2012Summary only. Only limited summary data is available for this year.$2.67$0.32$2.35$5.53$4.30$1.23
2011Summary only. Only limited summary data is available for this year.$1.49$0.36$1.12$4.58$3.45$1.12