Civic Intelligence

Discovery Charter School Foundation Inc

EIN 81-5323099 • 501(c)3 • Bahama, NC

Profile

To benefit, perform the functions of or to carry out the purposes of Discovery Charter School, Inc. a public charter school.

501 Orange Factory RoadBahama, NC 27503
Siviq Scores

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

Liabilities / Assets

95th percentile

1.08x

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

501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

98th percentile

30.20x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

3rd percentile

-97%

Higher net margin than 3% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

20th percentile

-3.4%

Faster asset growth than 20% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$13,691,888

Up $1,104,618 (+8.8%) from 2022

Liabilities

Down

$13,384,313

Down $270,687 (-2.0%) from 2022

Net Assets

Up

$307,575

Up $1,375,305 (+129%) from 2022

Operations
Liabilities / Revenue98th percentileNet Margin3rd percentile

Revenue

Up

$982,959

Up $530,819 (+117%) from 2022

Expenses

Up

$1,229,423

Up $338,262 (+38%) from 2022

Net Income

Up

-$246,464

Up $192,557 (+44%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth20th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2021: $13,026,291Liabilities 2021: $13,655,000Net Assets 2021: -$628,7092021Assets 2022: $12,587,270Liabilities 2022: $13,655,000Net Assets 2022: -$1,067,7302022Assets 2024: $13,691,888Liabilities 2024: $13,384,313Net Assets 2024: $307,5752024

Highlighted filing

2024

Assets$13,691,888
Liabilities$13,384,313
Net Assets$307,575
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.5M$1.0M$500K$0-$500K-$1.0MRevenue 2021: $0Expenses 2021: $628,709Net Income 2021: -$628,7092021Revenue 2022: $452,140Expenses 2022: $891,161Net Income 2022: -$439,0212022Revenue 2024: $982,959Expenses 2024: $1,229,423Net Income 2024: -$246,4642024

Highlighted filing

2024

Revenue$982,959
Expenses$1,229,423
Net Income-$246,464
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$13,691,888
Liabilities
$13,384,313
Net assets
$307,575
Revenue
$982,959
Expenses
$1,229,423
Net income
-$246,464
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.7$13.4$0.31$0.98$1.23$0.25
2022Detailed filing. Detailed filing data is available for this year.$12.6$13.7$1.07$0.45$0.89$0.44
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.0$13.7$0.63$0.00$0.63$0.63
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 24, 2025
Return Version
2023v6.0
Mission and Program Overview

Mission

To benefit, perform the functions of or to carry out the purposes of Discovery Charter School, Inc. a public charter school.

Compensation and Service Providers
Top Officer Pay20th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Toni ShelladyExecutive Director-$0--
Filing and Contact Details

Filer

Filer Name
Discovery Charter School Foundation Inc
EIN
81-5323099
Phone
9848885504
Address
501 Orange Factory Road, Bahama, NC 27503

Signing Officer

Name
Carl Forsyth
Title
Board Chair
Phone
9848885504
Signed
2025-03-24
Discuss with paid preparer
Yes

Preparer

Firm
Rebekah Barr CPA PC
Address
2505-B Nash Street NW, Wilson, NC 27896
Preparer
Rebekah T Barr
Phone
2522946920
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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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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • $10M-$25M nonprofits