Liabilities / Assets
93rd percentile
Higher debt load relative to assets than 93% of similar nonprofits.
990 • Fiscal year 2018 • EIN 90-1031905
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
93rd percentile
Higher debt load relative to assets than 93% of similar nonprofits.
Liabilities / Revenue
84th percentile
Higher debt load relative to revenue than 84% of similar nonprofits.
Net Margin
14th percentile
Higher net margin than 14% of similar nonprofits.
Top Officer Pay
18th percentile
Higher top officer pay than 18% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
10th percentile
Faster asset growth than 10% of similar nonprofits.
Revenue Growth
19th percentile
Faster revenue growth than 19% of similar nonprofits.
Assets
Down$12,272,143
Down $1,261,545 (-9.3%) from 2017
Net Assets
Down-$1,809,989
Down $636,285 (-54%) from 2017
Liabilities
Down$14,082,132
Down $625,260 (-4.3%) from 2017
Revenue
Down$8,787,365
Down $376,733 (-4.1%) from 2017
Expenses
Up$9,423,650
Up $103,976 (+1.1%) from 2017
Net Income
Down-$636,285
Down $480,709 (-309%) from 2017
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 | $12,120,259 | $11,276,260 | ▼ $843,999 |
| Cash and Non-Interest-Bearing Accounts | $1,055,428 | $908,639 | ▼ $146,789 |
| Accounts Receivable | $45,857 | $48,184 | ▲ $2,327 |
| Pledges and Grants Receivable | $275,845 | $35,373 | ▼ $240,472 |
| Prepaid Expenses and Deferred Charges | $33,677 | $1,065 | ▼ $32,612 |
| 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 | $-1,173,704 | $-1,809,989 | ▼ $636,285 |
| Total Assets | $13,533,688 | $12,272,143 | ▼ $1,261,545 |
| Other Assets Total | $2,622 | $2,622 | → $0 |
| Liabilities | |||
| Other Liabilities | $14,232,705 | $13,638,152 | ▼ $594,553 |
| Accounts Payable and Accrued Expenses | $474,687 | $443,980 | ▼ $30,707 |
| Total Liabilities | $14,707,392 | $14,082,132 | ▼ $625,260 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $-1,173,704 | $-1,809,989 | ▼ $636,285 |
| Total Liabilities and Net Assets / Fund Balance | $13,533,688 | $12,272,143 | ▼ $1,261,545 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $10,979,565 | $2,674,045 | $13,653,610 |
| Equipment | $296,695 | $1,089,119 | $1,385,814 |
| Name | Title |
|---|---|
| Allen Taylor | President |
| Elaine Shamel | Vice President |
| Drew Baumgartner | Director |
| Megan Christie | Director |
| Lee Teague | Secretary |
| Alex Krawchick | Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Kerr Connect LLC | Educational Therapy | 1319 MILITARY CUTOFF RD, Wilmington, NC 28405 | $128,616 |
| Line Item | Amount |
|---|---|
| Other Expenses | $5,235,643 |
| Salaries, Compensation, and Employee Benefits | $4,188,007 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $3,330,506 | $259,788 | - | $3,590,294 |
| Interest | - | $1,532,161 | - | $1,532,161 |
| Depreciation Depletion | $921,079 | - | - | $921,079 |
| Fees for Services Other | $610,254 | $264,024 | - | $874,278 |
| Fees for Services Management | - | $408,016 | - | $408,016 |
| Payroll Taxes | $295,244 | $27,228 | - | $322,472 |
| Occupancy | $278,261 | - | - | $278,261 |
| Other Employee Benefits | $262,504 | $3,805 | - | $266,309 |
| Fees for Services Accounting | - | $189,516 | - | $189,516 |
| All Other Expenses | $108,534 | $25,558 | - | $134,092 |
| Information Technology | $97,635 | - | - | $97,635 |
| Other Expenses | $63,113 | $83,913 | - | $63,113 |
| Insurance | $6,430 | $47,767 | - | $54,197 |
| Fees for Services Legal | - | $39,061 | - | $39,061 |
| Travel | - | $23,976 | - | $23,976 |
| Office Expenses | - | $18,685 | - | $18,685 |
| Advertising | $18,414 | - | - | $18,414 |
| Conferences and Meetings | $12,846 | - | - | $12,846 |
| Pension Plan Contributions | $7,215 | $1,717 | - | $8,932 |
| Total Functional Expenses | $6,497,956 | $2,925,694 | $0 | $9,423,650 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $9,423,650 |
| Total Expenses per Audited Statements | $9,423,650 |
| Total Expenses per Form 990 | $9,423,650 |
| 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 | $13,611,103 |
| Compensated Absences | $27,049 |
“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.”
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 | 474687 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 443980 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 45857 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 48184 |
| 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 | 18414 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 18414 |
| IRS990/AllOtherContributionsAmt | 0 | 237245 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 25558 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 108534 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 134092 |
| 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 | 1055428 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 908639 |
| 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 | 12846 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 12846 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 128616 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 1319 MILITARY CUTOFF RD |
| 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 | KERR CONNECT LLC |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | EDUCATIONAL THERAPY |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 8499256 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 5235643 |
| IRS990/CYOtherRevenueAmt | 0 | 3362 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 284747 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -636285 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 4188007 |
| IRS990/CYTotalExpensesAmt | 0 | 9423650 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 8787365 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 1 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 921079 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 921079 |
| 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 | 6497956 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 189516 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 189516 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 39061 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 39061 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 408016 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 408016 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 264024 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 610254 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 874278 |
| 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/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/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | 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/PersonNm | 0 | DREW BAUMGARTNER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | MEGAN CHRISTIE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | ALLEN TAYLOR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | ELAINE SHAMEL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | LEE TEAGUE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | ALEX KRAWCHICK |
| 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/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/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | 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 | 6 |
| IRS990/GovernmentGrantsAmt | 0 | 8262011 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 8787365 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 6 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 97635 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 97635 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 47767 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 6430 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 54197 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 1532161 |
| IRS990/InterestGrp/TotalAmt | 0 | 1532161 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 15 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 3763164 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 12120259 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 11276260 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 15039424 |
| 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 | -1173704 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -1809989 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 278261 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 278261 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 18685 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 18685 |
| 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 | 3805 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 262504 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 266309 |
| IRS990/OtherExpensesGrp/Desc | 0 | REPAIRS AND MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 1 | FOOD COSTS |
| IRS990/OtherExpensesGrp/Desc | 2 | TELEPHONE AND INTERNET |
| IRS990/OtherExpensesGrp/Desc | 3 | LECENSES AND PERMITS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 479 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 83913 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 345811 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 140110 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 63113 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 345811 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 140589 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 83913 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 63113 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 14232705 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 13638152 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISCELLANEOUS REVENUES |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 3362 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 3362 |
| IRS990/OtherRevenueTotalAmt | 0 | 3362 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 259788 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 3330506 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 3590294 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 27228 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 295244 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 322472 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 1717 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 7215 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 8932 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 275845 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 35373 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 33677 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 1065 |
| 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 | 191020 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 93727 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 191020 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 93727 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 8846214 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 5531349 |
| IRS990/PYOtherRevenueAmt | 0 | 132 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 317752 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -155576 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 3788325 |
| IRS990/PYTotalExpensesAmt | 0 | 9319674 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 9164098 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -636285 |
| 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 | 288109 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | -1173704 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | -1809989 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 10979565 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 2674045 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 13653610 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 296695 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 1089119 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 1385814 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 9423650 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 13611103 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 27049 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | CAPITAL LEASE LIABILITIES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | COMPENSATED ABSENCES |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 8787365 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 11276260 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 9423650 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 13638152 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 8787365 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 8787365 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 9423650 |
| 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/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| 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 |
| 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 | 13533688 |
| IRS990/TotalAssetsEOYAmt | 0 | 12272143 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 13533688 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 12272143 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 8499256 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 2925694 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 6497956 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 9423650 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 14707392 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 14082132 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 14707392 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 14082132 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -1173704 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -1809989 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 6497956 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 284747 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 288109 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 8787365 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 13533688 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 12272143 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 23976 |
| IRS990/TravelGrp/TotalAmt | 0 | 23976 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 11408 LOSTWOOD LN |
| IRS990/USAddress/CityNm | 0 | RALEIGH |
| IRS990/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/USAddress/ZIPCd | 0 | 27614 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 6 |
| IRS990/VotingMembersIndependentCnt | 0 | 6 |
| IRS990/WebsiteAddressTxt | 0 | WWW.TRIANGLECHARTEREDUCATIONASSOCIATION.ORG |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ALLEN TAYLOR PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9198708763 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-05-15 |
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Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.