Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
990 • Fiscal year 2016 • EIN 90-1031905
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
Liabilities / Revenue
88th percentile
Higher debt load relative to revenue than 88% of similar nonprofits.
Net Margin
23rd percentile
Higher net margin than 23% of similar nonprofits.
Top Officer Pay
19th percentile
Higher top officer pay than 19% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
16th percentile
Faster asset growth than 16% of similar nonprofits.
Revenue Growth
93rd percentile
Faster revenue growth than 93% of similar nonprofits.
Assets
Down$13,871,276
Down $669,031 (-4.6%) from 2015
Net Assets
Down-$1,018,128
Down $297,347 (-41%) from 2015
Liabilities
Down$14,889,404
Down $371,684 (-2.4%) from 2015
Revenue
Up$7,302,798
Up $2,116,254 (+41%) from 2015
Expenses
Up$7,600,145
Up $1,692,820 (+29%) from 2015
Net Income
Up-$297,347
Up $423,434 (+59%) from 2015
The triangle charter educational association is a north carolina not-for-profit entity organized exclusively for educational purposes and is comprised of respected leaders in the state of north carolina that are committed to providing high quality educational options for the citizens of the state. The association governs cardinal charter academy.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $13,696,621 | $12,998,978 | ▼ $697,643 |
| Cash and Non-Interest-Bearing Accounts | $760,912 | $805,095 | ▲ $44,183 |
| Pledges and Grants Receivable | $33,783 | $52,723 | ▲ $18,940 |
| Prepaid Expenses and Deferred Charges | $46,369 | $11,858 | ▼ $34,511 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Rtn Earn Endowment Incm Other Fnds | $-720,781 | $-1,018,128 | ▼ $297,347 |
| Total Assets | $14,540,307 | $13,871,276 | ▼ $669,031 |
| Other Assets Total | $2,622 | $2,622 | → $0 |
| Liabilities | |||
| Other Liabilities | $14,679,583 | $14,297,200 | ▼ $382,383 |
| Accounts Payable and Accrued Expenses | $581,505 | $592,204 | ▲ $10,699 |
| Total Liabilities | $15,261,088 | $14,889,404 | ▼ $371,684 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $-720,781 | $-1,018,128 | ▼ $297,347 |
| Total Liabilities and Net Assets / Fund Balance | $14,540,307 | $13,871,276 | ▼ $669,031 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $12,334,588 | $1,307,322 | $13,641,910 |
| Equipment | $664,390 | $511,877 | $1,176,267 |
| Name | Title |
|---|---|
| Allen Taylor | President |
| Kim Brown | Vice President |
| Cherry Clark | Director |
| Elaine Shamel | Director |
| Lee Teague | Director |
| Ted Sherburne | Director |
| Judy Dupre | Secretary-treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Ling & Kerr Therapy Services LLP | Educational Therapy | 2212 DEEPWOOD DR, Wilmington, NC 28405 | $106,075 |
| Line Item | Amount |
|---|---|
| Other Expenses | $4,263,668 |
| Salaries, Compensation, and Employee Benefits | $3,336,477 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $2,579,932 | $306,222 | - | $2,886,154 |
| Interest | - | $1,413,796 | - | $1,413,796 |
| Depreciation Depletion | $985,185 | - | - | $985,185 |
| Fees for Services Other | $352,027 | $112,973 | - | $465,000 |
| Information Technology | $258,546 | - | - | $258,546 |
| Payroll Taxes | $218,631 | $10,116 | - | $228,747 |
| Occupancy | $213,680 | - | - | $213,680 |
| Other Employee Benefits | $209,177 | $3,870 | - | $213,047 |
| All Other Expenses | $18,460 | $71,817 | - | $90,277 |
| Insurance | $49,376 | - | - | $49,376 |
| Conferences and Meetings | $47,977 | - | - | $47,977 |
| Other Expenses | $31,945 | - | - | $31,945 |
| Travel | - | $31,624 | - | $31,624 |
| Fees for Services Legal | - | $17,076 | - | $17,076 |
| Advertising | $11,825 | - | - | $11,825 |
| Fees for Services Accounting | - | $11,800 | - | $11,800 |
| Office Expenses | - | $10,558 | - | $10,558 |
| Pension Plan Contributions | $6,123 | $2,406 | - | $8,529 |
| Total Functional Expenses | $5,607,887 | $1,992,258 | $0 | $7,600,145 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $7,600,145 |
| Total Expenses per Audited Statements | $7,600,145 |
| Total Expenses per Form 990 | $7,600,145 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Capital Lease Liabilities | $14,086,474 |
| Due to Management Company | $171,784 |
| Compensated Absences | $38,942 |
“The association contracted with a charter school management company to be accountable to the board for the administration, operation, and performance of the charter school in accordance with the charter agreement.”
“A copy of form 990 was provided to the board of directors by the association's independent accounting firm. It was reviewed and approved by the governing board prior to government submission.”
“The conflict of interest policy is monitored and enforced through the standards and provisions set forth by the north carolina state board of education. Board members are required to disclose any possible conflicts of interest annually.”
“The association's form 990 is available upon request to the management company. The form 990 can also be found on www.guidestar.com.”
“The association makes its governing documents, conflicts of interest policy, and audited financial statements available to the public upon request to the management company.”
“There were no changes from prior year”
“An audit as required as set forth in the single audit act was performed.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 581505 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 592204 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE TRIANGLE CHARTER EDUCATIONAL ASSOCIATION IS A NORTH CAROLINA NOT-FOR-PROFIT ENTITY ORGANIZED EXCLUSIVELY FOR EDUCATIONAL PURPOSES AND IS COMPRISED OF RESPECTED LEADERS IN THE STATE OF NORTH CAROLINA THAT ARE COMMITTED TO PROVIDING HIGH QUALITY EDUCATIONAL OPTIONS FOR THE CITIZENS OF THE STATE. THE ASSOCIATION GOVERNS CARDINAL CHARTER ACADEMY. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 11825 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 11825 |
| IRS990/AllOtherContributionsAmt | 0 | 47064 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 71817 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 18460 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 90277 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | CHARTER SCHOOLS USA INC |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9542023500 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 800 CORPORATE DRIVE SUITE 124 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | FORT LAUDERDALE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | FL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 33334 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 760912 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 805095 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 47977 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 47977 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 106075 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 2212 DEEPWOOD DR |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | WILMINGTON |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 28405 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | LING & KERR THERAPY SERVICES LLP |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | EDUCATIONAL THERAPY |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 6957710 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 4263668 |
| IRS990/CYOtherRevenueAmt | 0 | 4034 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 341054 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -297347 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 3336477 |
| IRS990/CYTotalExpensesAmt | 0 | 7600145 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 7302798 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 1 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 985185 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 985185 |
| IRS990/Desc | 0 | CARDINAL CHARTER ACADEMY: IS A TUITION-FREE PUBLIC CHARTER SCHOOL EDUCATING STUDENTS IN GRADES K-8 WHO RESIDE IN NORTH CAROLINA. THE SCHOOL CURRENTLY PROVIDES EDUCATION TO STUDENTS FROM KINDERGARTEN THROUGH EIGHTH GRADE. THE ACADEMY'S MISSION IS TO BUILD A STUDENT-CENTERED LEARNING ENVIRONMENT THAT IS PROJECT-BASED AND TECHNOLOGY-DRIVEN IN WHICH STUDENTS CAN REACH THEIR ACADEMIC POTENTIAL. WE VALUE ACADEMIC SUCCESS THROUGH THE USE OF DATA TO MEET INDIVIDUAL DIVERSE STUDENT NEEDS. CARDINAL CHARTER ACADEMY WILL FOSTER A CULTURE OF INNOVATION AND INQUIRY USING TECHNOLOGY AS THE MEDIUM. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 5607887 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditPerformedInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 1 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 11800 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 11800 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 17076 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 17076 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 112973 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 352027 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 465000 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | CHERRY CLARK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | ELAINE SHAMEL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | TED SHERBURNE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | LEE TEAGUE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | ALLEN TAYLOR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | KIM BROWN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | JUDY DUPRE |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | SECRETARY-TREASURER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2013 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GovernmentGrantsAmt | 0 | 6910646 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 7302798 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 258546 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 258546 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 49376 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 49376 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 1413796 |
| IRS990/InterestGrp/TotalAmt | 0 | 1413796 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 20 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 1819199 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 13696621 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 12998978 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 14818177 |
| IRS990/LegalDomicileStateCd | 0 | NC |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE TRIANGLE CHARTER EDUCATIONAL ASSOCIATION IS A NORTH CAROLINA NOT-FOR-PROFIT ENTITY ORGANIZED EXCLUSIVELY FOR EDUCATIONAL PURPOSES AND IS COMPRISED OF RESPECTED LEADERS IN THE STATE OF NORTH CAROLINA THAT ARE COMMITTED TO PROVIDING HIGH QUALITY EDUCATIONAL OPTIONS FOR THE CITIZENS OF THE STATE. THE ASSOCIATION GOVERNS CARDINAL CHARTER ACADEMY. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -720781 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -1018128 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 213680 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 213680 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 10558 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 10558 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 2622 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 2622 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 3870 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 209177 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 213047 |
| IRS990/OtherExpensesGrp/Desc | 0 | REPAIRS AND MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 1 | PROGRAM SUPPLIES |
| IRS990/OtherExpensesGrp/Desc | 2 | FOOD COSTS |
| IRS990/OtherExpensesGrp/Desc | 3 | LECENSES AND PERMITS |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 327841 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 166214 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 130948 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 31945 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 327841 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 166214 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 130948 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 31945 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 14679583 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 14297200 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISCELLANEOUS REVENUES |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 4034 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 4034 |
| IRS990/OtherRevenueTotalAmt | 0 | 4034 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 306222 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 2579932 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 2886154 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 10116 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 218631 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 228747 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 2406 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 6123 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 8529 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 33783 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 52723 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 46369 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 11858 |
| IRS990/PrincipalOfficerNm | 0 | ALLEN TAYLOR |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611710 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 611710 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | BEFORE AND AFTERCARE |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | FOOD SERVICES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 226389 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 114665 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 226389 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 114665 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 4908107 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 3547987 |
| IRS990/PYOtherRevenueAmt | 0 | 3907 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 274530 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -720781 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 2359338 |
| IRS990/PYTotalExpensesAmt | 0 | 5907325 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 5186544 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -297347 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 345088 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | -720781 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | -1018128 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 12334588 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 1307322 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 13641910 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 664390 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 511877 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 1176267 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 7600145 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 171784 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 14086474 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 38942 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | DUE TO MANAGEMENT COMPANY |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | CAPITAL LEASE LIABILITIES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | COMPENSATED ABSENCES |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 7302798 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 12998978 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 7600145 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 14297200 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 7302798 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 7302798 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 7600145 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | 1 |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | 0 |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | 0 |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | 1 |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | 0 |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | 1 |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | 1 |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | 1 |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | 1 |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | 1 |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | 1 |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | THE ASSOCIATION INCLUDES PUBLIC CHARTER SCHOOLS ORGANIZED UNDER NORTH CAROLINA STATUTES. ALL NONDISCRIMINATORY INFORMATION IS AVAILABLE THROUGH VARIOUS PUBLIC ANNOUCEMENTS AND PUBLICATIONS. |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 1 | THE ASSOCIATION RECEIVES COMPENSATION FOR SERVICES IN THE FORM OF AWARDS, GRANTS AND OTHER SUBSIDIES FROM FEDERAL, STATE AND LOCAL GOVERNMENTS, WHICH ALSO INCLUDES FUNDING FOR STUDENT ENROLLMENT. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE E, PART I, LINE 3 |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE E, PART I, LINE 6 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE ASSOCIATION CONTRACTED WITH A CHARTER SCHOOL MANAGEMENT COMPANY TO BE ACCOUNTABLE TO THE BOARD FOR THE ADMINISTRATION, OPERATION, AND PERFORMANCE OF THE CHARTER SCHOOL IN ACCORDANCE WITH THE CHARTER AGREEMENT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | A COPY OF FORM 990 WAS PROVIDED TO THE BOARD OF DIRECTORS BY THE ASSOCIATION'S INDEPENDENT ACCOUNTING FIRM. IT WAS REVIEWED AND APPROVED BY THE GOVERNING BOARD PRIOR TO GOVERNMENT SUBMISSION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED THROUGH THE STANDARDS AND PROVISIONS SET FORTH BY THE NORTH CAROLINA STATE BOARD OF EDUCATION. BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST ANNUALLY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ASSOCIATION'S FORM 990 IS AVAILABLE UPON REQUEST TO THE MANAGEMENT COMPANY. THE FORM 990 CAN ALSO BE FOUND ON WWW.GUIDESTAR.COM. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST TO THE MANAGEMENT COMPANY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THERE WERE NO CHANGES FROM PRIOR YEAR |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | AN AUDIT AS REQUIRED AS SET FORTH IN THE SINGLE AUDIT ACT WAS PERFORMED. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART XII, LINE 2C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART XII, LINE 3B |
| IRS990/SchoolOperatingInd | 0 | 1 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | NC |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 14540307 |
| IRS990/TotalAssetsEOYAmt | 0 | 13871276 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 14540307 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 13871276 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 6957710 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 1992258 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 5607887 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 7600145 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 15261088 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 14889404 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 15261088 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 14889404 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -720781 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -1018128 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 5607887 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 341054 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 345088 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 7302798 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 14540307 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 13871276 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 31624 |
| IRS990/TravelGrp/TotalAmt | 0 | 31624 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 7917 BLUFFRIDGE DRIVE |
| IRS990/USAddress/CityNm | 0 | RALEIGH |
| IRS990/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/USAddress/ZIPCd | 0 | 27615 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 7 |
| IRS990/VotingMembersIndependentCnt | 0 | 7 |
| IRS990/WebsiteAddressTxt | 0 | WWW.TRIANGLECHARTEREDUCATIONASSOCIATION.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.
Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • NTEE B29 • $10M-$25M nonprofits
Bronx, NY
View Organization501(c)3 • NTEE B29
Revenue vs current organization
34% lowerAssets vs current organization
About the sameJamaica, NY
View Organization501(c)3 • NTEE B29
Revenue vs current organization
87% higherAssets vs current organization
96% lowerHightstown, NJ
View Organization501(c)3 • NTEE B29
Revenue vs current organization
91% higherAssets vs current organization
82% lowerFayetteville, NC
View Organization501(c)3 • NTEE B29
Revenue vs current organization
27% lowerAssets vs current organization
6.7% lower