Civic Intelligence

Asheville Peak Academy

EIN 84-2992064 • 501(c)3 • Asheville, NC

Profile

The operation of a public charter school for the education of children in the community.

133 Livinston StreetAsheville, NC 28801

n/A

Siviq Scores

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

Liabilities / Assets

48th percentile

0.06x

Higher debt load relative to assets than 48% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

31st percentile

0.01x

Higher debt load relative to revenue than 31% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

73rd percentile

20%

Higher net margin than 73% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

77th percentile

19%

Faster asset growth than 77% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

99th percentile

607%

Faster revenue growth than 99% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$779,006

Down $15,191 (-1.9%) from 2024

Liabilities

Up

$291,887

Up $223,853 (+329%) from 2024

Net Assets

Down

$487,119

Down $239,044 (-33%) from 2024

Revenue

Down

$2,981,778

Down $294,977 (-9.0%) from 2024

Expenses

Up

$3,220,822

Up $351,721 (+12%) from 2024

Net Income

Down

-$239,044

Down $646,698 (-159%) from 2024

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2021: $471,601Liabilities 2021: $368,289Net Assets 2021: $103,3122021Assets 2022: $561,634Liabilities 2022: $31,726Net Assets 2022: $529,9082022Assets 2023: $614,749Liabilities 2023: $296,240Net Assets 2023: $318,5092023Assets 2024: $794,197Liabilities 2024: $68,034Net Assets 2024: $726,1632024Assets 2025: $779,006Liabilities 2025: $291,887Net Assets 2025: $487,1192025

Highlighted filing

2025

Assets$779,006
Liabilities$291,887
Net Assets$487,119

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2021: $303,195Expenses 2021: $199,883Net Income 2021: $103,3122021Revenue 2022: $2,144,018Expenses 2022: $1,717,422Net Income 2022: $426,5962022Revenue 2023: $2,229,426Expenses 2023: $2,444,612Net Income 2023: -$215,1862023Revenue 2024: $3,276,755Expenses 2024: $2,869,101Net Income 2024: $407,6542024Revenue 2025: $2,981,778Expenses 2025: $3,220,822Net Income 2025: -$239,0442025

Highlighted filing

2025

Revenue$2,981,778
Expenses$3,220,822
Net Income-$239,044

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 11, 2026
Return Version
2024v5.2
Gross Receipts
$2,981,778
Mission and Program Overview

Mission

Operation of an north carolina public charter school.

The operation of a public charter school for the education of children in the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$215,265-
Cash and Non-Interest-Bearing Accounts$413,997$193,633▼ $220,364
Accounts Receivable$76,775$186,508▲ $109,733
Land, Buildings, and Equipment, Net$272,523$142,968▼ $129,555
Prepaid Expenses and Deferred Charges$11,709$87▼ $11,622
Total Assets$794,197$779,006▼ $15,191
Other Assets Total$19,193$40,545▲ $21,352
Liabilities
Accounts Payable and Accrued Expenses$42,284$283,674▲ $241,390
Mortgage Notes Payable Secured by Investment Property$25,750$8,213▼ $17,537
Total Liabilities$68,034$291,887▲ $223,853
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$726,163$344,151▼ $382,012
Net Assets With Donor Restrictions-$142,968-
Total Net Assets Fund Balance$726,163$487,119▼ $239,044
Total Liabilities and Net Assets / Fund Balance$794,197$779,006▼ $15,191

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$66,353$72,990$139,343
Equipment$76,615$27,287$103,902
Leasehold Improvements$0$37,700$37,700
Land$0--
Other Assets Org$40,545--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kidada WynnSchool DirectorFT$105,754$105,754

Board Members and Trustees

NameTitle
David RobinsonChair
Andy BarnettFacilities Committee
David KingMember
Gene BellMember
Kathy AveryMember
Kerry FriedmanMember
Crystal McKinnonSecretary
Dr Dwight MullenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,977,438
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$4,340
All Other Contributions
$680,032
Change in Net Assets
$-239,044

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,981,778
Total Revenue per Audited Statements
$2,981,778
Total Revenue per Form 990
$2,981,778
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,234,990
Other Expenses$985,832
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,547,876$197,592$0$1,745,468
Other Employee Benefits$209,748$23,490$0$233,238
Payroll Taxes$126,939$17,194$0$144,133
Current Officers, Directors, Trustees, and Key Employees$105,754$0$0$105,754
Depreciation Depletion$2,495$85,648$0$88,143
All Other Expenses$11,956$30,676$0$42,632
Fees for Services Legal$0$35,515$0$35,515
Occupancy$0$29,228$0$29,228
Insurance$0$24,226$0$24,226
Office Expenses$8,523$9,491$0$18,014
Other Expenses$14,809$0$0$14,809
Pension Plan Contributions$6,397$0$0$6,397
Interest$0$3,845$0$3,845
Travel$2,534$0$0$2,534
Conferences and Meetings$1,198$0$0$1,198
Total Functional Expenses$2,370,207$850,615$0$3,220,822

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,220,822
Total Expenses per Audited Statements$3,220,822
Total Expenses per Form 990$3,220,822
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes
Filing and Contact Details

Filer

Filer Name
PEAK Academy Charter School
EIN
84-2992064
Phone
8283335430
Address
133 Livinston Street, Asheville, NC 28801

Signing Officer

Name
Dwight Mullen
Title
Treasurer
Phone
8283335430
Signed
2026-02-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dwight Mullen
Formed
2023
Legal Domicile
Nc
Voting Board Members
8
Independent Board Members
8
Employees
37
Volunteers
10

Preparer

Firm
Darrell L Keller CPA PA
Address
105 S City Street, Kings Mountain, NC 28086
Preparer
Darrell L Keller
Phone
7047390771
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Form 990 is given to the board for review prior to filing

Pt VI, Line 12C

Conflict of interes signed by board members annually

Pt VI, Line 15A

Compared to other charter schools

Pt VI, Line 15B

Compared to other charter schools

Pt VI, Line 3

Charter One manages the daily operations of the school.

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IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02981778
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0215265
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt076615
IRS990ScheduleD/EquipmentGrp/DepreciationAmt027287
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0103902
IRS990ScheduleD/ExpensesSubtotalAmt03220822
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt037700
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt037700
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt040545
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Right to use lease assets net of amortization
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt066353
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt072990
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0139343
IRS990ScheduleD/RevenueSubtotalAmt02981778
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0142968
IRS990ScheduleD/TotalBookValueOtherAssetsAmt040545
IRS990ScheduleD/TotalExpensesPerForm990Amt03220822
IRS990ScheduleD/TotalRevenuePerForm990Amt02981778
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02981778
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03220822
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0Not Applicable
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1Included in all brochures, applications, and advertising done on behalf of the school. Included in all forms of advertising
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 6b
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is given to the board for review prior to filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conflict of interes signed by board members annually
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compared to other charter schools
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compared to other charter schools
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Charter One manages the daily operations of the school.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 3
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0794197
IRS990/TotalAssetsEOYAmt0779006
IRS990/TotalAssetsGrp/BOYAmt0794197
IRS990/TotalAssetsGrp/EOYAmt0779006
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02977438
IRS990/TotalEmployeeCnt037
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0850615
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02370207
IRS990/TotalFunctionalExpensesGrp/TotalAmt03220822
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt068034
IRS990/TotalLiabilitiesEOYAmt0291887
IRS990/TotalLiabilitiesGrp/BOYAmt068034
IRS990/TotalLiabilitiesGrp/EOYAmt0291887
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0726163
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0487119
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02370207
IRS990/TotalReportableCompFromOrgAmt0105754
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04340
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02981778
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0794197
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0779006
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt02534

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