Civic Intelligence

School of the Arts for Boys Academy

EIN 85-0819740 • 501(c)3 • Pittsboro, NC

Profile

Operation of a public charter school.

PO Box 1721Pittsboro, NC 27312

https//www.sabacademy.org

Siviq Scores

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

Liabilities / Assets

88th percentile

1.00x

Higher debt load relative to assets than 88% of similar nonprofits.

NTEE B20 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

54th percentile

0.00x

Higher debt load relative to revenue than 54% of similar nonprofits.

NTEE B20 • <$500k nonprofits • Source year 2024

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

NTEE B20 • <$500k nonprofits • Source year 2024

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

NTEE B20 • <$500k nonprofits • Source year 2024

Asset Growth

4th percentile

-96%

Faster asset growth than 4% of similar nonprofits.

NTEE B20 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

98th percentile

2904%

Faster revenue growth than 98% of similar nonprofits.

NTEE B20 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$1,123

Down $28,276 (-96%) from 2023

Liabilities

Up

$1,123

Up $1,123 from 2023

Net Assets

Down

$0

Down $29,399 (-100%) from 2023

Operations
Liabilities / Revenue54th percentileNet Margin100th percentile

Revenue

Up

$459,720

Up $444,414 (+2904%) from 2023

Expenses

Down

$0

Down $41,104 (-100%) from 2023

Net Income

Up

$459,720

Up $485,518 (+1882%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth4th percentile

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

$60K$40K$20K$0Assets 2022: $55,197Liabilities 2022: $0Net Assets 2022: $55,1972022Assets 2023: $29,399Liabilities 2023: $0Net Assets 2023: $29,3992023Assets 2024: $1,123Liabilities 2024: $1,123Net Assets 2024: $02024

Highlighted filing

2024

Assets$1,123
Liabilities$1,123
Net Assets$0
Open 2024 Filing

Operations Trend

Revenue Growth98th percentile

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

$600K$400K$200K$0-$200KRevenue 2022: $144,652Expenses 2022: $121,571Net Income 2022: $23,0812022Revenue 2023: $15,306Expenses 2023: $41,104Net Income 2023: -$25,7982023Revenue 2024: $459,720Expenses 2024: $0Net Income 2024: $459,7202024

Highlighted filing

2024

Revenue$459,720
Expenses$0
Net Income$459,720
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,123
Liabilities
$1,123
Net assets
$0
Revenue
$459,720
Expenses
$0
Net income
$459,720
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.01$0.00$4.60$0.00$4.60
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.00$0.29$0.15$0.41$0.26
2022Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$1.45$1.22$0.23
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 16, 2025
Return Version
2023v6.0
Gross Receipts
$459,720
Mission and Program Overview

Mission

Operation of a public charter school.

To provide education for boys in a culturally responsive way

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$0$1,123▲ $1,123
Accounts Receivable$0--
Pledges and Grants Receivable$0--
Prepaid Expenses and Deferred Charges$0--
Total Assets$0$1,123▲ $1,123
Liabilities
Accounts Payable and Accrued Expenses-$1,123-
Other Liabilities-$0-
Total Liabilities$0$1,123▲ $1,123
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$0$1,123▲ $1,123
Compensation and Service Providers
Top Officer Pay72nd percentile

Board Members and Trustees

NameTitle
Dr Allyson AlstonBoard Chair
Dr Brent AndersonVice Chair
Sonia LoganBoard Member
Timir CoxBoard Member
Saundra GarderSecretary
Tavares ToomerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$459,720
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$149,619
Change in Net Assets
$459,720
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 19

“Documents are available to the public”

Part VI, Line 2

“Treasurer is the spouse to Head of School”

Filing and Contact Details

Filer

Filer Name
School of the Arts for Boys Academy
EIN
85-0819740
Phone
9195480229
Address
PO Box 1721, Pittsboro, NC 27312

Signing Officer

Name
Tavares Toomer
Title
Treasurer
Phone
9195480229
Signed
2025-05-16

Organization Details

Principal Officer
Tavares Toomer
Formed
2020
Legal Domicile
Nc
Voting Board Members
6
Independent Board Members
6
Employees
10
Supplemental Narrative

Additional Explanations

Part V, Line 3B

“All income was related to business”

Part XII, Line 3B

“Currently working to have the financials audited”

Raw XML Appendix296 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/Form990PartVIISectionAGrp/TitleTxt1Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990ProvidedToGvrnBodyInd0false
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Tavares Toomer
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum09195480229
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SCHOOL OF THE ARTS FOR BOYS ACADEMY
ReturnHeader/Filer/BusinessNameControlTxt0SCHO
ReturnHeader/Filer/EIN0850819740
ReturnHeader/Filer/PhoneNum09195480229
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 1721
ReturnHeader/Filer/USAddress/CityNm0Pittsboro
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027312
ReturnHeader/ReturnTs02025-10-13T19:46:16Z
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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