Liabilities / Assets
81st percentile
Higher debt load relative to assets than 81% of similar nonprofits.
EIN 82-4998817 • 501(c)3 • Charlotte, NC
Profile
to establish a school for the whole child that emphasizes problem solving skills, the scientific method of thinking, artistic expression to ensure scholars are college-ready and future ready in a global soci
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
81st percentile
Higher debt load relative to assets than 81% of similar nonprofits.
Liabilities / Revenue
78th percentile
Higher debt load relative to revenue than 78% of similar nonprofits.
Net Margin
45th percentile
Higher net margin than 45% of similar nonprofits.
Top Officer Pay
37th percentile
Higher top officer pay than 37% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
90th percentile
Faster asset growth than 90% of similar nonprofits.
Revenue Growth
87th percentile
Faster revenue growth than 87% of similar nonprofits.
Assets
Up$567,109
Up $308,975 (+120%) from 2023
Liabilities
Up$550,391
Up $206,828 (+60%) from 2023
Net Assets
Up$16,718
Up $102,147 (+120%) from 2023
Revenue
Up$1,276,977
Up $468,695 (+58%) from 2023
Expenses
Up$1,238,710
Up $126,567 (+11%) from 2023
Net Income
Up$38,267
Up $342,128 (+113%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
to establish a school for the whole child that emphasizes problem solving skills, the scientific method of thinking, artistic expression to ensure scholars are college-ready and future ready in a global soci
To establish a school for the whole child that emphasizes problem solving Skills the scientific method of thinking
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Accounts Receivable | $254,209 | $296,777 | ▲ $42,568 |
| Land, Buildings, and Equipment, Net | - | $54,613 | - |
| Cash and Non-Interest-Bearing Accounts | $3,925 | $38,393 | ▲ $34,468 |
| Total Assets | $258,134 | $567,109 | ▲ $308,975 |
| Other Assets Total | - | $177,326 | - |
| Liabilities | |||
| Deferred Revenue | - | $530,005 | - |
| Accounts Payable and Accrued Expenses | $343,563 | $15,712 | ▼ $327,851 |
| Other Liabilities | - | $4,674 | - |
| Total Liabilities | $343,563 | $550,391 | ▲ $206,828 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | - | $15,117 | - |
| Net Assets Without Donor Restrictions | $-85,429 | $1,601 | ▲ $87,030 |
| Total Net Assets Fund Balance | $-85,429 | $16,718 | ▲ $102,147 |
| Total Liabilities and Net Assets / Fund Balance | $258,134 | $567,109 | ▲ $308,975 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $54,613 | $19,245 | - |
| Other Assets Org | $2,549 | - | - |
| Name | Title |
|---|---|
| Dr Clifford a Jones | Chair |
| Dr Eddie Davis | Vice Chair |
| Earnest Winston | Board Member |
| Michelle Thompson | Board Member |
| Regina Boyd | Board Member |
| William Youngblood | Board Member |
| Wendy Ladd | Secretary |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $903,088 |
| Other Expenses | $335,622 |
| Total Fundraising Expense | $21,004 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $674,667 | $51,236 | $10,736 | $736,639 |
| Current Officers, Directors, Trustees, and Key Employees | $61,425 | $17,550 | $8,775 | $87,750 |
| Payroll Taxes | $63,037 | $4,741 | $1,493 | $69,271 |
| Information Technology | $38,273 | - | - | $38,273 |
| Fees for Services Other | $36,136 | - | - | $36,136 |
| All Other Expenses | $29,109 | - | - | $29,109 |
| Advertising | $20,339 | - | - | $20,339 |
| Depreciation Depletion | $13,192 | - | - | $13,192 |
| Other Expenses | $12,692 | - | - | $12,692 |
| Other Employee Benefits | $9,428 | - | - | $9,428 |
| Office Expenses | $6,715 | - | - | $6,715 |
| Travel | $1,748 | - | - | $1,748 |
| Conferences and Meetings | $616 | - | - | $616 |
| Total Functional Expenses | $1,144,179 | $73,527 | $21,004 | $1,238,710 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $117,119 |
| Fundraising Direct Expenses | $70,257 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Gala | $117,119 | $117,119 | $70,257 | $46,862 |
| Total Events | $117,119 | $117,119 | $70,257 | $46,862 |
| Liability | Amount |
|---|---|
| Due to FMBC | $4,674 |
“Documented and reviewed at the next scheduled meeting by secretary”
“available upon request”
“available upon written request”
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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|---|---|---|
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | available upon written request |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part VI Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Part VI Line 19 |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
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| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JOHN W SPANN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Mr |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-17 |
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| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FRIE |
| ReturnHeader/Filer/EIN | 0 | 824998817 |
| ReturnHeader/Filer/InCareOfNm | 0 | % John W Spann |
| ReturnHeader/Filer/PhoneNum | 0 | 7043916644 |
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