Civic Intelligence

Atlantic Collegiate Academy

EIN 87-4776084 • 501(c)3 • Conway, SC

NTEE B29

Profile

Atlantic collegiate academy (aca) will serve high school students in a safe, small setting who seek the opportunity and challenge of a rigorous curriculum, high academic standards, outstanding athletics while earning up to two years of college credit while in high school.

5086 Bear Bluff RoadConway, SC 29526

atlanticcollegiateacademy.org

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$18,442,898

Up $18,216,264 (+8038%) from 2023

Liabilities

Up

$19,259,186

Up $18,915,878 (+5510%) from 2023

Net Assets

Down

-$816,288

Down $699,614 (-600%) from 2023

Operations

Revenue

Up

$3,336,366

Up $3,025,229 (+972%) from 2023

Expenses

Up

$4,035,979

Up $3,608,168 (+843%) from 2023

Net Income

Down

-$699,613

Down $582,939 (-500%) from 2023

Trend Graphs

Balance Sheet Trend

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

$20M$10M$0-$10MAssets 2023: $226,634Liabilities 2023: $343,308Net Assets 2023: -$116,6742023Assets 2024: $18,442,898Liabilities 2024: $19,259,186Net Assets 2024: -$816,2882024

Highlighted filing

2024

Assets$18,442,898
Liabilities$19,259,186
Net Assets-$816,288
Open 2024 Filing

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2023: $311,137Expenses 2023: $427,811Net Income 2023: -$116,6742023Revenue 2024: $3,336,366Expenses 2024: $4,035,979Net Income 2024: -$699,6132024

Highlighted filing

2024

Revenue$3,336,366
Expenses$4,035,979
Net Income-$699,613
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$18,442,898
Liabilities
$19,259,186
Net assets
-$816,288
Revenue
$3,336,366
Expenses
$4,035,979
Net income
-$699,613
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$18.4$19.3$0.82$3.34$4.04$0.70
2023Detailed filing. Detailed filing data is available for this year.$0.23$0.34$0.12$0.31$0.43$0.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jan 31, 2025
Return Version
2023v6.0
Gross Receipts
$3,336,366
Mission and Program Overview

Mission

Atlantic collegiate academy (aca) will serve high school students in a safe, small setting who seek the opportunity and challenge of a rigorous curriculum, high academic standards, outstanding athletics while earning up to two years of college credit while in high school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$3,063,387-
Land, Buildings, and Equipment, Net-$1,841,226-
Cash and Non-Interest-Bearing Accounts$82,732$936,153▲ $853,421
Pledges and Grants Receivable$143,902$28,634▼ $115,268
Total Assets$226,634$18,442,898▲ $18,216,264
Other Assets Total-$12,573,498-
Liabilities
Tax Exempt Bond Liabilities-$18,315,000-
Accounts Payable and Accrued Expenses$59,200$1,680,530▲ $1,621,330
Other Liabilities$284,108$-736,344▼ $1,020,452
Total Liabilities$343,308$19,259,186▲ $18,915,878
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-116,674$-816,288▼ $699,614
Total Net Assets Fund Balance$-116,674$-816,288▼ $699,614
Total Liabilities and Net Assets / Fund Balance$226,634$18,442,898▲ $18,216,264

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,512,992-$1,512,992
Other Land Buildings$328,234-$328,234
Other Assets Org$12,573,498--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Matt HarrisChair
Charlie SotoVice Chair
Cynthia JohnsonDirector
Dr Chales TarbertDirector
Megan SteljesDirector
Patricia MarlowDirector
Raymond ReiserDirector
Jennifer ScalzatiSecretary
Bryan LenertzTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Pinnacle Charter School ManagementManagement9681 GLADIOLUS DR STE 201, Fort Myers, FL 33908$331,291
Revenue and Support

Revenue Composition

Contributions and Grants
$2,996,781
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$339,585
Change in Net Assets
$-699,613

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,336,366
Total Revenue per Audited Statements
$3,336,366
Total Revenue per Form 990
$3,336,366
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,039,525
Salaries, Compensation, and Employee Benefits$996,454
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$1,105,651--$1,105,651
Other Salaries and Wages$629,409$285,412-$914,821
Fees for Services Other$760,605$91,313-$851,918
Fees for Services Management-$331,291-$331,291
Fees for Services Legal-$331,075-$331,075
Office Expenses$125,100$62,250-$187,350
Payroll Taxes$51,991$17,994-$69,985
Fees for Services Accounting$31,500$29,400-$60,900
Occupancy$26,315$26,316-$52,631
Information Technology$39,857--$39,857
Fees for Services Lobbying-$24,312-$24,312
Travel-$22,466-$22,466
Insurance$9,267$9,267-$18,534
Advertising$13,540--$13,540
Other Employee Benefits$7,058$411-$7,469
Pension Plan Contributions$4,179--$4,179
Total Functional Expenses$2,804,472$1,231,507$0$4,035,979

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,035,979
Total Expenses per Audited Statements$4,035,979
Total Expenses per Form 990$4,035,979
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
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Pinnacle Charter Sch Mgmt$509,076
Bond Discount$-1,245,420

Bond Issues

BondIssuerIssuedIssue PricePurpose
AEducational Facilities Rev Bond2023-09-29$21,270,000Construction of school facilities in conway south carolina.

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----

Bond Financing Compliance

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

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“Management of the school is performed by an outside education management organization in accordance with the terms of a management agreement with the school. The education management organization reports to and is fully accountable to the board of directors of the school.”

Form 990, Page 6, Part VI, Line 11B

“The form 990 is reviewed by the chief financial officer of the organization and by the board chair”

Form 990, Page 6, Part VI, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Atlantic Collegiate Academy
EIN
87-4776084
Phone
8432865990
Address
5086 BEAR BLUFF ROAD, CONWAY, SC 29526

Signing Officer

Name
Matt Harris
Title
Chair
Phone
2394721323
Signed
2025-01-31

Organization Details

Principal Officer
Matt Harris
Formed
2022
Legal Domicile
Sc
Voting Board Members
9
Independent Board Members
9
Employees
18
Volunteers
25

Preparer

Firm
Michael P Miller CPA Pl
Address
9681 GLADIOLUS DRIVE SUITE 201, FORT MYERS, FL 33908
Preparer
Michael P Miller CPA
Phone
2394721323
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Atlantic collegiate academy (aca) will serve high school students in a safe, small setting who seek the opportunity and challenge of a rigorous curriculum, high academic standards, outstanding athletics while earning up to two years of college credit while in high school.”

Form 990, Page 2, Part III, Line 4D

“Atlantic collegiate academy (aca) will serve high school students in a safe, small setting who seek the opportunity and challenge of a rigorous curriculum, high academic standards, outstanding athletics while earning up to two years of college credit while in high school.”

Form 990, Part IX, Line 11G

“Instructional services 204,421 0 0 staff services 91,312 91,313 0 facility rentals 34,739 0 0 athletics transportation 115,750 0 0 athletics supplies 259,236 0 0 district fees-2% 55,147 0 0 total 760,605 91,313 0”

Raw XML AppendixShowing 400 of 432 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt059200
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01680530
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ATLANTIC COLLEGIATE ACADEMY (ACA) WILL SERVE HIGH SCHOOL STUDENTS IN A SAFE, SMALL SETTING WHO SEEK THE OPPORTUNITY AND CHALLENGE OF A RIGOROUS CURRICULUM, HIGH ACADEMIC STANDARDS, OUTSTANDING ATHLETICS WHILE EARNING UP TO TWO YEARS OF COLLEGE CREDIT WHILE IN HIGH SCHOOL.
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/ProgramServicesAmt013540
IRS990/AdvertisingGrp/TotalAmt013540
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BooksInCareOfDetail/PersonNm0MICHAEL P MILLER CPA CFO
IRS990/BooksInCareOfDetail/PhoneNum08432865990
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt09681 GLADIOLUS DRIVE STE 201
IRS990/BooksInCareOfDetail/USAddress/CityNm0FORT MYERS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd033908
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt082732
IRS990/CashNonInterestBearingGrp/EOYAmt0936153
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0331291
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt09681 GLADIOLUS DR STE 201
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0FORT MYERS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0FL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd033908
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0PINNACLE CHARTER SCHOOL MANAGEMENT
IRS990/ContractorCompensationGrp/ServicesDesc0MANAGEMENT
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02996781
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt03039525
IRS990/CYOtherRevenueAmt0339585
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-699613
IRS990/CYSalariesCompEmpBnftPaidAmt0996454
IRS990/CYTotalExpensesAmt04035979
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03336366
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/Desc0ATLANTIC COLLEGIATE ACADEMY (ACA) WILL SERVE HIGH SCHOOL STUDENTS IN A SAFE, SMALL SETTING WHO SEEK THE OPPORTUNITY AND CHALLENGE OF A RIGOROUS CURRICULUM, HIGH ACADEMIC STANDARDS, OUTSTANDING ATHLETICS WHILE EARNING UP TO TWO YEARS OF COLLEGE CREDIT WHILE IN HIGH SCHOOL.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt018
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt029400
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt031500
IRS990/FeesForServicesAccountingGrp/TotalAmt060900
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0331075
IRS990/FeesForServicesLegalGrp/TotalAmt0331075
IRS990/FeesForServicesLobbyingGrp/ManagementAndGeneralAmt024312
IRS990/FeesForServicesLobbyingGrp/TotalAmt024312
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0331291
IRS990/FeesForServicesManagementGrp/TotalAmt0331291
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt091313
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0760605
IRS990/FeesForServicesOtherGrp/TotalAmt0851918
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
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/IndividualTrusteeOrDirectorInd8X
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/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0MATT HARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm1CHARLIE SOTO
IRS990/Form990PartVIISectionAGrp/PersonNm2BRYAN LENERTZ
IRS990/Form990PartVIISectionAGrp/PersonNm3JENNIFER SCALZATI
IRS990/Form990PartVIISectionAGrp/PersonNm4CYNTHIA JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm5PATRICIA MARLOW
IRS990/Form990PartVIISectionAGrp/PersonNm6RAYMOND REISER
IRS990/Form990PartVIISectionAGrp/PersonNm7MEGAN STELJES
IRS990/Form990PartVIISectionAGrp/PersonNm8DR CHALES TARBERT
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/ReportableCompFromOrgAmt80
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/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02022
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt02996781
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03336366
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt039857
IRS990/InformationTechnologyGrp/TotalAmt039857
IRS990/InsuranceGrp/ManagementAndGeneralAmt09267
IRS990/InsuranceGrp/ProgramServicesAmt09267
IRS990/InsuranceGrp/TotalAmt018534
IRS990/InterestGrp/ProgramServicesAmt01105651
IRS990/InterestGrp/TotalAmt01105651
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt029
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01841226
IRS990/LandBldgEquipCostOrOtherBssAmt01841226
IRS990/LegalDomicileStateCd0SC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0true
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ATLANTIC COLLEGIATE ACADEMY (ACA) WILL SERVE HIGH SCHOOL STUDENTS IN A SAFE, SMALL SETTING WHO SEEK THE OPPORTUNITY AND CHALLENGE OF A RIGOROUS CURRICULUM, HIGH ACADEMIC STANDARDS, OUTSTANDING ATHLETICS WHILE EARNING UP TO TWO YEARS OF COLLEGE CREDIT WHILE IN HIGH SCHOOL.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-116674
IRS990/NetAssetsOrFundBalancesEOYAmt0-816288
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-116674
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-816288
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt026316
IRS990/OccupancyGrp/ProgramServicesAmt026315
IRS990/OccupancyGrp/TotalAmt052631
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt062250
IRS990/OfficeExpensesGrp/ProgramServicesAmt0125100
IRS990/OfficeExpensesGrp/TotalAmt0187350
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt012573498
IRS990/OtherChangesInNetAssetsAmt0-1
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0411
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt07058
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07469
IRS990/OtherLiabilitiesGrp/BOYAmt0284108
IRS990/OtherLiabilitiesGrp/EOYAmt0-736344
IRS990/OtherRevenueMiscGrp/Desc0FEES AND ADMISSIONS REVENUE
IRS990/OtherRevenueMiscGrp/Desc1INTEREST INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0239419
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1100166
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0239419
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1100166
IRS990/OtherRevenueTotalAmt0339585
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0285412
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0629409
IRS990/OtherSalariesAndWagesGrp/TotalAmt0914821
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017994
IRS990/PayrollTaxesGrp/ProgramServicesAmt051991
IRS990/PayrollTaxesGrp/TotalAmt069985
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04179
IRS990/PensionPlanContributionsGrp/TotalAmt04179
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0143902
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt028634
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MATT HARRIS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActyOtherGrp/Desc0ATLANTIC COLLEGIATE ACADEMY (ACA) WILL SERVE HIGH SCHOOL STUDENTS IN A SAFE, SMALL SETTING WHO SEEK THE OPPORTUNITY AND CHALLENGE OF A RIGOROUS CURRICULUM, HIGH ACADEMIC STANDARDS, OUTSTANDING ATHLETICS WHILE EARNING UP TO TWO YEARS OF COLLEGE CREDIT WHILE IN HIGH SCHOOL.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt02804472
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0289840
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0427811
IRS990/PYOtherRevenueAmt021297
IRS990/PYRevenuesLessExpensesAmt0-116674
IRS990/PYTotalExpensesAmt0427811
IRS990/PYTotalRevenueAmt0311137
IRS990/ReconcilationRevenueExpnssAmt0-699613
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03063387
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/DirectContactLegislatorsInd0false
IRS990ScheduleC/GrantsOtherOrganizationsInd0false
IRS990ScheduleC/MailingsMembersInd0false
IRS990ScheduleC/MediaAdvertisementsInd0false
IRS990ScheduleC/NotDescribedSection501c3Ind0false
IRS990ScheduleC/OtherActivitiesInd0false
IRS990ScheduleC/PaidStaffOrManagementInd0false
IRS990ScheduleC/PublicationsOrBroadcastInd0false
IRS990ScheduleC/RalliesDemonstrationsInd0false
IRS990ScheduleC/VolunteersInd0false
IRS990ScheduleD/ExpensesSubtotalAmt04035979
IRS990ScheduleD/LandGrp/BookValueAmt01512992
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01512992
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt012573498
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0328234
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0328234
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0509076
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1-1245420
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO PINNACLE CHARTER SCH MGMT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1BOND DISCOUNT
IRS990ScheduleD/RevenueSubtotalAmt03336366
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01841226
IRS990ScheduleD/TotalBookValueOtherAssetsAmt012573498
IRS990ScheduleD/TotalExpensesPerForm990Amt04035979
IRS990ScheduleD/TotalLiabilityAmt0-736344
IRS990ScheduleD/TotalRevenuePerForm990Amt03336366
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03336366
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04035979
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/ExplanationTxt0THE ORGANIZATION INCLUDES A NONDISCRIMINATION STATEMENT IN ITS PUBLISHED MATERIAL, WEBSITE AND CHARTER APPLICATION MATERIAL SO THE POLICY CAN BE KNOWN TO ALL PARTS OF THE GENERAL COMMUNITY IT SERVES.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION RECEIVED GRANTS FROM THE PLANNING AND IMPLEMENTATION GRANT PROGRAM ADMINISTERED BY THE SOUTH CAROLINA DEPARTMENT OF EDUCATION. IN ADDITION, THE ORGANIZATION RECEIVES BOTH STATE OF SOUTH CAROLINA AND FEDERAL FUNDING TO OPERATE AS A CHARTER SCHOOL IN THE STATE OF SOUTH CAROLINA.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0EDUCATIONAL FACILITIES REV BOND CONSTRUCTION OF SCHOOL FACILITIES IN CONWAY SOUTH CAROLINA.
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02023-09-29
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0473902664
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt021270000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0EDUCATIONAL FACILITIES REV BOND
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0CONSTRUCTION OF SCHOOL FACILITIES IN CONWAY SOUTH CAROLINA.
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02024
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ATLANTIC COLLEGIATE ACADEMY (ACA) WILL SERVE HIGH SCHOOL STUDENTS IN A SAFE, SMALL SETTING WHO SEEK THE OPPORTUNITY AND CHALLENGE OF A RIGOROUS CURRICULUM, HIGH ACADEMIC STANDARDS, OUTSTANDING ATHLETICS WHILE EARNING UP TO TWO YEARS OF COLLEGE CREDIT WHILE IN HIGH SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ATLANTIC COLLEGIATE ACADEMY (ACA) WILL SERVE HIGH SCHOOL STUDENTS IN A SAFE, SMALL SETTING WHO SEEK THE OPPORTUNITY AND CHALLENGE OF A RIGOROUS CURRICULUM, HIGH ACADEMIC STANDARDS, OUTSTANDING ATHLETICS WHILE EARNING UP TO TWO YEARS OF COLLEGE CREDIT WHILE IN HIGH SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MANAGEMENT OF THE SCHOOL IS PERFORMED BY AN OUTSIDE EDUCATION MANAGEMENT ORGANIZATION IN ACCORDANCE WITH THE TERMS OF A MANAGEMENT AGREEMENT WITH THE SCHOOL. THE EDUCATION MANAGEMENT ORGANIZATION REPORTS TO AND IS FULLY ACCOUNTABLE TO THE BOARD OF DIRECTORS OF THE SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER OF THE ORGANIZATION AND BY THE BOARD CHAIR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INSTRUCTIONAL SERVICES 204,421 0 0 STAFF SERVICES 91,312 91,313 0 FACILITY RENTALS 34,739 0 0 ATHLETICS TRANSPORTATION 115,750 0 0 ATHLETICS SUPPLIES 259,236 0 0 DISTRICT FEES-2% 55,147 0 0 TOTAL 760,605 91,313 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt018315000
IRS990/TaxExemptBondsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0226634
IRS990/TotalAssetsEOYAmt018442898
IRS990/TotalAssetsGrp/BOYAmt0226634
IRS990/TotalAssetsGrp/EOYAmt018442898
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02996781
IRS990/TotalEmployeeCnt018
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01231507
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02804472
IRS990/TotalFunctionalExpensesGrp/TotalAmt04035979
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0343308
IRS990/TotalLiabilitiesEOYAmt019259186
IRS990/TotalLiabilitiesGrp/BOYAmt0343308
IRS990/TotalLiabilitiesGrp/EOYAmt019259186
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-116674
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-816288
IRS990/TotalOtherProgSrvcExpenseAmt02804472
IRS990/TotalProgramServiceExpensesAmt02804472
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0339585
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03336366
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0226634
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt018442898
IRS990/TravelGrp/ManagementAndGeneralAmt022466
IRS990/TravelGrp/TotalAmt022466
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05086 BEAR BLUFF ROAD
IRS990/USAddress/CityNm0CONWAY
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029526

Document Assets

No mirrored PDF or thumbnail assets are attached yet.