Civic Intelligence

Cherokee County Charter School

990 • Fiscal year 2021 • EIN 84-2787892

Jul 01, 2020 to Jun 30, 2021 • Filed on May 16, 2022

Organization ProfileWWW.CHEROKEE.EDUCATION
3206 Cherokee AvenueGaffney, SC 29340

(864) 489-7192

Siviq Scores

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

Liabilities / Assets

95th percentile

1.08x

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

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

Liabilities / Revenue

91st percentile

2.76x

Higher debt load relative to revenue than 91% of similar nonprofits.

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

Net Margin

12th percentile

-9.1%

Higher net margin than 12% of similar nonprofits.

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

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

17th percentile

-2.1%

Faster asset growth than 17% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

100th percentile

4436%

Faster revenue growth than 100% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$11,204,185

Down $244,711 (-2.1%) from 2020

Net Assets

Down

-$945,577

Down $398,937 (-73%) from 2020

Liabilities

Up

$12,149,762

Up $154,226 (+1.3%) from 2020

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin12th percentile

Revenue

Up

$4,401,090

Up $4,304,061 (+4436%) from 2020

Expenses

Up

$4,800,027

Up $4,156,358 (+646%) from 2020

Net Income

Up

-$398,937

Up $147,703 (+27%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth17th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2020: $11,448,896Liabilities 2020: $11,995,536Net Assets 2020: -$546,6402020Assets 2021: $11,204,185Liabilities 2021: $12,149,762Net Assets 2021: -$945,5772021Assets 2022: $11,331,306Liabilities 2022: $12,220,197Net Assets 2022: -$888,8912022Assets 2023: $10,393,769Liabilities 2023: $12,350,021Net Assets 2023: -$1,956,2522023Assets 2024: $10,400,220Liabilities 2024: $12,821,378Net Assets 2024: -$2,421,1582024

Highlighted filing

2021

Assets$11,204,185
Liabilities$12,149,762
Net Assets-$945,577
Open 2021 Filing

Operations Trend

Revenue Growth100th percentile

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

$10M$5.0M$0-$5.0MRevenue 2020: $97,029Expenses 2020: $643,669Net Income 2020: -$546,6402020Revenue 2021: $4,401,090Expenses 2021: $4,800,027Net Income 2021: -$398,9372021Revenue 2022: $6,177,240Expenses 2022: $6,120,554Net Income 2022: $56,6862022Revenue 2023: $6,085,915Expenses 2023: $7,153,276Net Income 2023: -$1,067,3612023Revenue 2024: $8,161,604Expenses 2024: $8,626,514Net Income 2024: -$464,9102024

Highlighted filing

2021

Revenue$4,401,090
Expenses$4,800,027
Net Income-$398,937
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 16, 2022
Return Version
2020v4.2
Gross Receipts
$4,401,090
Mission and Program Overview

Mission

Cherokee charter academy will continuously develop the next generation of american citizens by developing creative, problem-solving minds through the education of the whole student. Our school will have a challenging learning environment with high expectations set in a creative and caring atmosphere to grow the intellectual, character, physical, social, and emotional sides of all our students.

Cherokee charter academy is a tuition-free public charter school located in gaffney, sc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,681,500$9,699,061▲ $8,017,561
Cash and Non-Interest-Bearing Accounts$6,637,493$1,343,263▼ $5,294,230
Pledges and Grants Receivable$33,153$134,930▲ $101,777
Prepaid Expenses and Deferred Charges$51,779$26,839▼ $24,940
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$-546,640$-945,577▼ $398,937
Total Assets$11,448,896$11,204,185▼ $244,711
Other Assets Total$3,044,971$92▼ $3,044,879
Liabilities
Mortgage Notes Payable Secured by Investment Property$11,805,000$11,835,000▲ $30,000
Accounts Payable and Accrued Expenses$160,536$313,762▲ $153,226
Unsecured Notes Loans Payable$30,000--
Deferred Revenue-$1,000-
Total Liabilities$11,995,536$12,149,762▲ $154,226
Net Assets / Fund Balance
Total Net Assets Fund Balance$-546,640$-945,577▼ $398,937
Total Liabilities and Net Assets / Fund Balance$11,448,896$11,204,185▼ $244,711

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,479,140$300,605$9,779,745
Land$165,000-$165,000
Equipment$54,921$3,648$58,569
Compensation and Service Providers
Top Officer Pay14th percentile

Board Members and Trustees

NameTitle
A K ParkerBoard Chair
Liz DavisonBoard Chair
Suzanne TurnerBoard Vice Chair
Julia LittlejohnBoard Member
Sue TurnerBoard Member
Terry HallBoard Member
Carlton Bridges SrSecretary
Roger MillerTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Tutelage Education SolutionsManagement ServiesPO BOX 156, Forest City, NC 28043$681,748
US BankBond Services777 EAST WISONSIN AVENUE, Milwaukee, WI 53202-5300$411,873
Preferred Meal Systems INCFood ServicesPO BOX 74008679, Chicago, IL 60674$222,531
Focus Audio Video LLCNetworking Technology213 OVERLAKE DRIVE, Inman, SC 29349$179,446
Prestige School SolutionsFinancial ServicesPO BOX 86, Rutherfordton, NC 28139$145,314
Revenue and Support

Revenue Composition

Contributions and Grants
$4,229,369
Program Service Revenue
$171,601
Investment Income
$120
Other Revenue
$0
All Other Contributions
$2,349
Change in Net Assets
$-398,937

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,401,090
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,401,090
Total Revenue per Form 990
$4,401,090
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,440,713
Other Expenses$2,359,314
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,773,521$211,480-$1,985,001
Interest$838,343--$838,343
Fees for Services Accounting-$354,801-$354,801
Depreciation Depletion$243,403$60,851-$304,254
Other Employee Benefits$245,406$26,823-$272,229
Occupancy$197,658$54,176-$251,834
Fees for Services Other$128,070$50,334-$178,404
Payroll Taxes$136,509$14,459-$150,968
Office Expenses-$135,312-$135,312
Information Technology$38,813$1,250-$40,063
Pension Plan Contributions$28,773$3,742-$32,515
Travel-$24,012-$24,012
All Other Expenses$4,064$12,777-$16,841
Insurance-$15,695-$15,695
Fees for Services Legal-$9,656-$9,656
Other Expenses$9,125$12,687-$9,125
Advertising-$5,714-$5,714
Fees for Services Management-$1,500-$1,500
Total Functional Expenses$3,665,851$1,134,176$0$4,800,027

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,800,027
Total Expenses per Audited Statements$4,800,027
Total Expenses per Form 990$4,800,027
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

Bond Issues

BondIssuerIssuedIssue PricePurpose
ASouth Carolina Jobs-economic Development Authority2020-03-26$11,370,000Land and building acquisition, building renovation and capital improvements

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$11,370,000--$380,237

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“THERE ARE NO COMMITTEES.”

Form 990, Part VI, Section B, Line 11B

“The 990 is reviewed by the treasurer prior to filing.”

Form 990, Part VI, Section B, Line 12

“Form 990-7 box 70 - explain here how conflict of interest policy is enforced example: a conflict of interest questionnaire is distributed as part of the annual audit.”

Form 990, Part VI, Section B, Line 15

“Form 990-7 box 75 describe how salaries are determined”

Form 990, Part VI, Section C, Line 18

“These documents are available upon written request.”

Form 990, Part VI, Section C, Line 19

“The school's governing documents, conflict of interest policy, and financial statements are available upon written request.”

Filing and Contact Details

Filer

Filer Name
Cherokee County Charter School
EIN
84-2787892
Phone
8644897192
Address
3206 CHEROKEE AVENUE, GAFFNEY, SC 29340
Doing Business As
Cherokee Charter Academy

Signing Officer

Name
Roger Miller
Title
Treasurer
Phone
8644897192
Signed
2022-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
A K Parker
Formed
2017
Legal Domicile
Sc
Voting Board Members
8
Independent Board Members
8
Employees
63
Volunteers
20

Preparer

Firm
Martin Smith & Company Cpas Pa
Address
1212 HAYWOOD ROAD BLDG 100, GREENVILLE, SC 29615-2200
Preparer
David a Smith
Phone
8642321040
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Staff development & training : program service expenses 16,375. Management and general expenses 0. Fundraising expenses 0. Total expenses 16,375. Instructional services : program service expenses 111,695. Management and general expenses 0. Fundraising expenses 0. Total expenses 111,695. Fiscal services : program service expenses 0. Management and general expenses 27,864. Fundraising expenses 0. Total expenses 27,864. Instructional services : program service expenses 0. Management and general expenses 22,470. Fundraising expenses 0. Total expenses 22,470.”

Form 990, Part IX, Line 24E

“Supplies : program service expenses 0. Management and general expenses 7,509. Fundraising expenses 0. Total expenses 7,509. Student activities : program service expenses 4,064. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,064. Membership dues & fees : program service expenses 0. Management and general expenses 3,145. Fundraising expenses 0. Total expenses 3,145. Other expenditures : program service expenses 0. Management and general expenses 1,928. Fundraising expenses 0. Total expenses 1,928. Small equipment : program service expenses 0. Management and general expenses 195. Fundraising expenses 0. Total expenses 195.”

Financial Statement Notes

PART X, LINE 2:

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

Raw XML AppendixShowing 400 of 519 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0160536
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0313762
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0CHEROKEE CHARTER ACADEMY IS A TUITION-FREE PUBLIC CHARTER SCHOOL LOCATED IN GAFFNEY, SC.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt05714
IRS990/AdvertisingGrp/TotalAmt05714
IRS990/AllOtherContributionsAmt02349
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt012777
IRS990/AllOtherExpensesGrp/ProgramServicesAmt04064
IRS990/AllOtherExpensesGrp/TotalAmt016841
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum08283055204
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03206 CHEROKEE AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0GAFFNEY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd029340
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt0-546640
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt0-945577
IRS990/CashNonInterestBearingGrp/BOYAmt06637493
IRS990/CashNonInterestBearingGrp/EOYAmt01343263
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt05
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0681748
IRS990/ContractorCompensationGrp/CompensationAmt1411873
IRS990/ContractorCompensationGrp/CompensationAmt2222531
IRS990/ContractorCompensationGrp/CompensationAmt3179446
IRS990/ContractorCompensationGrp/CompensationAmt4145314
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 156
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1777 EAST WISONSIN AVENUE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2PO BOX 74008679
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3213 OVERLAKE DRIVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt4PO BOX 86
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0FOREST CITY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1MILWAUKEE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2CHICAGO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3INMAN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4RUTHERFORDTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NC
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1WI
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3SC
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4NC
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd028043
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd1532025300
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd260674
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd329349
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd428139
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0TUTELAGE EDUCATION SOLUTIONS
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1US BANK
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2PREFERRED MEAL SYSTEMS INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3FOCUS AUDIO VIDEO LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4PRESTIGE SCHOOL SOLUTIONS
IRS990/ContractorCompensationGrp/ServicesDesc0MANAGEMENT SERVIES
IRS990/ContractorCompensationGrp/ServicesDesc1BOND SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc2FOOD SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc3NETWORKING TECHNOLOGY
IRS990/ContractorCompensationGrp/ServicesDesc4FINANCIAL SERVICES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt04229369
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0120
IRS990/CYOtherExpensesAmt02359314
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0171601
IRS990/CYRevenuesLessExpensesAmt0-398937
IRS990/CYSalariesCompEmpBnftPaidAmt02440713
IRS990/CYTotalExpensesAmt04800027
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04401090
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/EOYAmt01000
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt060851
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0243403
IRS990/DepreciationDepletionGrp/TotalAmt0304254
IRS990/Desc0THE SCHOOL BEGAN OPERATIONS AS A CHARTER SCHOOL IN AUGUST 2020 AND ENROLLED APPROXIMATELY 425 STUDENTS IN ITS INAUGURAL YEAR.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0CHEROKEE CHARTER ACADEMY
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt063
IRS990/EmploymentTaxReturnsFiledInd00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/ExpenseAmt03665851
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0354801
IRS990/FeesForServicesAccountingGrp/TotalAmt0354801
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt09656
IRS990/FeesForServicesLegalGrp/TotalAmt09656
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt01500
IRS990/FeesForServicesManagementGrp/TotalAmt01500
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt050334
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0128070
IRS990/FeesForServicesOtherGrp/TotalAmt0178404
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0A K PARKER
IRS990/Form990PartVIISectionAGrp/PersonNm1SUZANNE TURNER
IRS990/Form990PartVIISectionAGrp/PersonNm2ROGER MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm3CARLTON BRIDGES SR
IRS990/Form990PartVIISectionAGrp/PersonNm4TERRY HALL
IRS990/Form990PartVIISectionAGrp/PersonNm5JULIA LITTLEJOHN
IRS990/Form990PartVIISectionAGrp/PersonNm6SUE TURNER
IRS990/Form990PartVIISectionAGrp/PersonNm7LIZ DAVISON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD CHAIR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt04227020
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04401090
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01250
IRS990/InformationTechnologyGrp/ProgramServicesAmt038813
IRS990/InformationTechnologyGrp/TotalAmt040063
IRS990/InsuranceGrp/ManagementAndGeneralAmt015695
IRS990/InsuranceGrp/TotalAmt015695
IRS990/InterestGrp/ProgramServicesAmt0838343
IRS990/InterestGrp/TotalAmt0838343
IRS990/InvestmentIncomeGrp/ExclusionAmt0120
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0120
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0304253
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01681500
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09699061
IRS990/LandBldgEquipCostOrOtherBssAmt010003314
IRS990/LegalDomicileStateCd0SC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0CHEROKEE CHARTER ACADEMY WILL CONTINUOUSLY DEVELOP THE NEXT GENERATION OF AMERICAN CITIZENS BY DEVELOPING CREATIVE, PROBLEM-SOLVING MINDS THROUGH THE EDUCATION OF THE WHOLE STUDENT. OUR SCHOOL WILL HAVE A CHALLENGING LEARNING ENVIRONMENT WITH HIGH EXPECTATIONS SET IN A CREATIVE AND CARING ATMOSPHERE TO GROW THE INTELLECTUAL, CHARACTER, PHYSICAL, SOCIAL, AND EMOTIONAL SIDES OF ALL OUR STUDENTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt011805000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt011835000
IRS990/NetAssetsOrFundBalancesBOYAmt0-546640
IRS990/NetAssetsOrFundBalancesEOYAmt0-945577
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt054176
IRS990/OccupancyGrp/ProgramServicesAmt0197658
IRS990/OccupancyGrp/TotalAmt0251834
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0135312
IRS990/OfficeExpensesGrp/TotalAmt0135312
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03044971
IRS990/OtherAssetsTotalGrp/EOYAmt092
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt026823
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0245406
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0272229
IRS990/OtherExpensesGrp/Desc0FEE PAID TO DISTRICT
IRS990/OtherExpensesGrp/Desc1STUDENT SUPPLIES & TEXT
IRS990/OtherExpensesGrp/Desc2BANK FEES
IRS990/OtherExpensesGrp/Desc3SCHOOL LUNCH EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0138907
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt112687
IRS990/OtherExpensesGrp/ProgramServicesAmt022166
IRS990/OtherExpensesGrp/ProgramServicesAmt19125
IRS990/OtherExpensesGrp/TotalAmt0138907
IRS990/OtherExpensesGrp/TotalAmt122166
IRS990/OtherExpensesGrp/TotalAmt212687
IRS990/OtherExpensesGrp/TotalAmt39125
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0211480
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01773521
IRS990/OtherSalariesAndWagesGrp/TotalAmt01985001
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt014459
IRS990/PayrollTaxesGrp/ProgramServicesAmt0136509
IRS990/PayrollTaxesGrp/TotalAmt0150968
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03742
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt028773
IRS990/PensionPlanContributionsGrp/TotalAmt032515
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt033153
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0134930
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt051779
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt026839
IRS990/PrincipalOfficerNm0A K PARKER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/BusinessCd2611110
IRS990/ProgramServiceRevenueGrp/BusinessCd3611110
IRS990/ProgramServiceRevenueGrp/Desc0OTHER REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1PUPIL ACTIVITY
IRS990/ProgramServiceRevenueGrp/Desc2SCHOOL LUNCH SALES
IRS990/ProgramServiceRevenueGrp/Desc3TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0164402
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16369
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2719
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3111
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0164402
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16369
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2719
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3111
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt096943
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt085
IRS990/PYOtherExpensesAmt0727961
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01
IRS990/PYRevenuesLessExpensesAmt0-630932
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0727961
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt097029
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-398937
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0171601
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt09479140
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0300605
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09779745
IRS990ScheduleD/EquipmentGrp/BookValueAmt054921
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03648
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt058569
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04800027
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0165000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0165000
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04401090
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FINANCIAL STATEMENTS WERE PREPARED IN ACCORDANCE WITH GOVERNMENTAL ACCOUNTING STANDARDS, WHICH DOES NOT REQUIRE THE ADOPTION OF FIN 48.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09699061
IRS990ScheduleD/TotalExpensesPerForm990Amt04800027
IRS990ScheduleD/TotalRevenuePerForm990Amt04401090
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04401090
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04800027
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/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0INFORMATION IS PROVIDED ON THE SCHOOL'S WEBSITE, STUDENT HANDBOOK AND BROCHURES.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1LINE 4B - THE ORGANIZATION IS A PUBLIC CHARTER SCHOOL. THEREFORE, IT DOES NOT OFFER SCHOLARSHIPS OR FINANCIAL AID.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2THE SCHOOL RECEIVES A SIGNIFICANT PORTION OF ITS SUPPORT FORM GOVERNMENTAL UNITS INCLUDING APPROXIMATELY $4,224,000 FROM STATE AND FEDERAL SOURCES.
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/ProceduresCorrectiveActionInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02020-03-26
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0570960018
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum083704MBB1
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt011370000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0LAND AND BUILDING ACQUISITION, BUILDING RENOVATION AND CAPITAL IMPROVEMENTS
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,204,185
Liabilities
$12,149,762
Net assets
-$945,577
Revenue
$4,401,090
Expenses
$4,800,027
Net income
-$398,937
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$12.8$2.42$8.16$8.63$0.46
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.4$12.4$1.96$6.09$7.15$1.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.3$12.2$0.89$6.18$6.12$0.06
2021Detailed filing. Detailed filing data is available for this year.$11.2$12.1$0.95$4.40$4.80$0.40
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.4$12.0$0.55$0.10$0.64$0.55