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Nonprofiteer
← PIEDMONT CLASSICAL HIGH SCHOOL

Form 990 for tax year 2022

Filed by PIEDMONT CLASSICAL HIGH SCHOOL.

Totals

Total revenue
$5,013,120
Total expenses
$5,139,237
Contributions and grants received
$4,736,081
Grants paid
$0
Program service revenue
$61,144
Investment income
$46,847
Other revenue
$169,048
Total assets, end of year
$18,648,082
Total liabilities, end of year
$19,369,008
Net assets or fund balances, end of year
-$720,926
Program services expenses (Part IX)
$3,412,081
Management and general expenses
$1,727,156
Fundraising expenses
$0
Program service expenses (Part III)
$3,412,081

Program services were 66.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $4,714,319

  • 1f · All other contributions, gifts and grants

    $21,762

  • 2a · Program service revenue: Food Service

    total $61,144 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $46,847 · unrelated business $0 · excluded $0

  • 11a · Other revenue: Student Activities

    total $106,183 · related or exempt $106,183 · unrelated business $0 · excluded $0

  • 11b · Other revenue: Other

    total $62,865 · related or exempt $62,865 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $169,048

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $457,770 · program services $362,770 · management and general $95,000 · fundraising $0

  • 7 · Other salaries and wages

    total $1,843,669 · program services $1,796,835 · management and general $46,834 · fundraising $0

  • 8 · Pension plan contributions

    total $20,445 · program services $17,714 · management and general $2,731 · fundraising $0

  • 9 · Other employee benefits

    total $268,513 · program services $261,845 · management and general $6,668 · fundraising $0

  • 10 · Payroll taxes

    total $181,137 · program services $169,873 · management and general $11,264 · fundraising $0

  • 11b · Fees: legal

    total $1,264 · program services $0 · management and general $1,264 · fundraising $0

  • 11c · Fees: accounting

    total $7,800 · program services $0 · management and general $7,800 · fundraising $0

  • 12 · Advertising and promotion

    total $16,529 · program services $0 · management and general $16,529 · fundraising $0

  • 13 · Office expenses

    total $67,185 · program services $48,074 · management and general $19,111 · fundraising $0

  • 14 · Information technology

    total $38,026 · program services $38,026 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $65,523 · program services $0 · management and general $65,523 · fundraising $0

  • 17 · Travel

    total $911 · program services $911 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $39,245 · program services $39,245 · management and general $0 · fundraising $0

  • 20 · Interest

    total $986,195 · program services $0 · management and general $986,195 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $439,967 · program services $434,674 · management and general $5,293 · fundraising $0

  • 23 · Insurance

    total $45,355 · program services $0 · management and general $45,355 · fundraising $0

  • 24a · Other expenses: Contract Services

    total $458,213 · program services $105,460 · management and general $352,753 · fundraising $0

  • 24b · Other expenses: Supplies/Books

    total $133,078 · program services $89,586 · management and general $43,492 · fundraising $0

  • 24c · Other expenses: NonCap Equipment

    total $16,567 · program services $6,045 · management and general $10,522 · fundraising $0

  • 24d · Other expenses: Food Purchases

    total $9,714 · program services $8,796 · management and general $918 · fundraising $0

  • 24e · All other expenses

    total $42,131 · program services $32,227 · management and general $9,904 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $522,674 · end of year $619,311

  • 2 · Savings and temporary cash investments

    beginning of year $1,372,367 · end of year $1,360,337

  • 4 · Accounts receivable

    beginning of year $188,359 · end of year $146,880

  • 9 · Prepaid expenses and deferred charges

    beginning of year $23,583 · end of year $25,408

  • 10a · Land, buildings and equipment: cost or other basis

    $17,639,324

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,170,918

  • 10c · Land, buildings and equipment, net

    beginning of year $16,746,933 · end of year $16,468,406

  • 15 · Other assets

    end of year $27,740

  • 17 · Accounts payable and accrued expenses

    beginning of year $68,887 · end of year $59,123

  • 19 · Deferred revenue

    beginning of year $481 · end of year $481

  • 23 · Secured mortgages and notes payable

    beginning of year $19,379,357 · end of year $19,309,404

  • 27 · Net assets without donor restrictions

    beginning of year -$594,809 · end of year -$720,926

Mission and programs · 2022

Mission

Education as public charter school

  • The school provides education to high school age students for the North Carolina Department of Public Instruction through its charter school legislation.

    Expenses $3,412,081 · Revenue $5,013,120

As filed on the 2022 return.

Listed in Part VII

  • John Fink

    Chair

    Total calculated
    $0
    Hours/week
    5

  • Scott Meyers

    Member

    Total calculated
    $0
    Hours/week
    2

  • Margaret Chase

    Member

    Total calculated
    $0
    Hours/week
    2

  • Mike Stainback

    Member

    Total calculated
    $0
    Hours/week
    2

  • Michelle Townsend

    Member

    Total calculated
    $0
    Hours/week
    2

  • Angela Jackson

    Director of Operations

    Total calculated
    $97,095
    From this org
    $97,095
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Travis Ward

    Principal

    Total calculated
    $147,000
    From this org
    $147,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Dakisha Williams

    Assistant Principal

    Total calculated
    $71,062
    From this org
    $71,062
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Devon Carson

    Assistant Principal

    Total calculated
    $47,613
    From this org
    $47,613
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
21 April 2024
IRS schema version
2022v5.0
Source object
202421249349300247

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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