Civic Intelligence

Drexel School Group Inc.

EIN 92-0521141 • 501(c)3 • Belmont, NC

Pub. 78 EligibleNTEE B25

Profile

The mission of drexel high school is to form students in truth, encourage them in wander, educcate them in liberal arts and sciences, and prepare them for a life as capable and responsible chuildren of god committed to knowing, loving, and serving god through their work, leasure and prayer.

6414 W Wilkinson Blvd 1003Belmont, NC 28012

www.drexelhigh.org

Siviq Scores

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

Liabilities / Assets

74th percentile

0.00x

Higher debt load relative to assets than 74% of similar nonprofits.

NTEE B • <$500k nonprofits • Source year 2025

Liabilities / Revenue

73rd percentile

0.00x

Higher debt load relative to revenue than 73% of similar nonprofits.

NTEE B • <$500k nonprofits • Source year 2025

Net Margin

51st percentile

7.1%

Higher net margin than 51% of similar nonprofits.

NTEE B • <$500k nonprofits • Source year 2025

Top Officer Pay

88th percentile

$0

Higher top officer pay than 88% of similar nonprofits.

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

NTEE B • <$500k nonprofits • Source year 2025

Asset Growth

93rd percentile

145%

Faster asset growth than 93% of similar nonprofits.

NTEE B • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

86th percentile

80%

Faster revenue growth than 86% of similar nonprofits.

NTEE B • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets74th percentile

Assets

Up

$44,262

Up $26,202 (+145%) from 2024

Liabilities

Down

$219

Down $38 (-15%) from 2024

Net Assets

Up

$44,043

Up $26,240 (+147%) from 2024

Operations
Liabilities / Revenue73rd percentileNet Margin51st percentile

Revenue

Up

$446,962

Up $199,076 (+80%) from 2024

Expenses

Up

$415,126

Up $173,287 (+72%) from 2024

Net Income

Up

$31,836

Up $25,789 (+426%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth93rd percentile

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

$60K$40K$20K$0Assets 2023: $30,399Liabilities 2023: $18,641Net Assets 2023: $11,7582023Assets 2024: $18,060Liabilities 2024: $257Net Assets 2024: $17,8032024Assets 2025: $44,262Liabilities 2025: $219Net Assets 2025: $44,0432025

Highlighted filing

2025

Assets$44,262
Liabilities$219
Net Assets$44,043
Open 2025 Filing

Operations Trend

Revenue Growth86th percentile

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

$600K$400K$200K$0Revenue 2023: $36,302Expenses 2023: $24,544Net Income 2023: $11,7582023Revenue 2024: $247,886Expenses 2024: $241,839Net Income 2024: $6,0472024Revenue 2025: $446,962Expenses 2025: $415,126Net Income 2025: $31,8362025

Highlighted filing

2025

Revenue$446,962
Expenses$415,126
Net Income$31,836
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$44,262
Liabilities
$219
Net assets
$44,043
Revenue
$446,962
Expenses
$415,126
Net income
$31,836
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.00$0.44$4.47$4.15$0.32
2024Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$2.48$2.42$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.30$0.19$0.12$0.36$0.25$0.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Sep 27, 2025
Return Version
2024v5.0
Gross Receipts
$446,962
Mission and Program Overview

Mission

The mission of drexel high school is to form students in truth, encourage them in wander, educcate them in liberal arts and sciences, and prepare them for a life as capable and responsible chuildren of god committed to knowing, loving, and serving god through their work, leasure and prayer.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$18,060$44,262▲ $26,202
Total Assets$18,060$44,262▲ $26,202
Liabilities
Other Liabilities$257$219▼ $38
Total Liabilities$257$219▼ $38
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$17,803$44,043▲ $26,240
Total Net Assets Fund Balance$17,803$44,043▲ $26,240
Total Liabilities and Net Assets / Fund Balance$18,060$44,262▲ $26,202
Compensation and Service Providers
Top Officer Pay88th percentile

Board Members and Trustees

NameTitle
Fedrik AkerblomChairman
Nathan HermanVice Chairma
Jessica Rose GrabowskiBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$446,104
Program Service Revenue
$0
Investment Income
$858
Other Revenue
$0
All Other Contributions
$227,317
Change in Net Assets
$31,836
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$294,270
Other Expenses$120,856
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$273,085--$273,085
Occupancy$64,592--$64,592
Fees for Services Other$22,449--$22,449
Payroll Taxes$21,185--$21,185
Advertising$16,379--$16,379
Fees for Services Accounting$2,100--$2,100
Insurance$1,658--$1,658
Fees for Services Legal$1,050--$1,050
Office Expenses$688--$688
Other Expenses$276--$276
Total Functional Expenses$415,126$0$0$415,126
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card 6877$219
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
The Drexel School Group Inc
EIN
92-0521141
Phone
7049051111
Address
6414 W WILKINSON BLVD 1003, BELMONT, NC 28012

Signing Officer

Name
Lisa Cannon
Title
Treasurer
Signed
2025-09-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jessica Rose Grabowski
Legal Domicile
Nc
Voting Board Members
4
Independent Board Members
0
Employees
6

Preparer

Firm
Cannon Tax & Accounting Inc
Address
2108 SOUTH BLVD STE 200, CHARLOTTE, NC 28203
Preparer
Edward H Cannon Ii
Phone
7048492199
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The mission of drexel high school is to form students in truth, encourage them in wander, educcate them in liberal arts and sciences, and prepare them for a life as capable and responsible chuildren of god committed to knowing, loving, and serving god through their work, leasure and prayer.”

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

“The mission of drexel high school is to form students in truth, encourage them in wander, educate them in librel arts and sciences, and prepare them for life as capable and responsible children of god committed to knowing, loving, and serving god through their work, leisure, and prayer.”

Raw XML Appendix290 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/NondeductibleContributionsInd0false
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IRS990/OperateHospitalInd0false
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IRS990/OrganizationFollowsFASB117Ind0X
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE DREXEL SCHOOL GROUP INC COMPLIES WITH REVENUE PROCEDURE 2019-22 BY PROVIDING ITS NONDISCRIMINATION POLICY ON ITS WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MISSION OF DREXEL HIGH SCHOOL IS TO FORM STUDENTS IN TRUTH, ENCOURAGE THEM IN WANDER, EDUCATE THEM IN LIBREL ARTS AND SCIENCES, AND PREPARE THEM FOR LIFE AS CAPABLE AND RESPONSIBLE CHILDREN OF GOD COMMITTED TO KNOWING, LOVING, AND SERVING GOD THROUGH THEIR WORK, LEISURE, AND PRAYER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
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 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CANNON TAX & ACCOUNTING INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02108 SOUTH BLVD STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLOTTE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028203
ReturnHeader/PreparerPersonGrp/PhoneNum07048492199
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0EDWARD H CANNON II
ReturnHeader/ReturnTs02025-10-02T11:15:04-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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