Totals
- Total revenue
- $10,160,126
- Total expenses
- $9,984,649
- Contributions and grants received
- $9,961,018
- Grants paid
- $0
- Program service revenue
- $64,350
- Investment income
- $15,449
- Other revenue
- $119,309
- Total assets, end of year
- $12,311,952
- Total liabilities, end of year
- $13,411,675
- Net assets or fund balances, end of year
- -$1,099,723
- Program services expenses (Part IX)
- $8,062,335
- Management and general expenses
- $1,922,314
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $8,062,335
Program services were 80.7% 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)
$9,911,653
-
1f · All other contributions, gifts and grants
$49,365
-
2a · Program service revenue: STUDENT ACTIVITIES & FEES
total $49,562 · related or exempt $49,562
-
2b · Program service revenue: AFTER SCHOOL CARE
total $14,788 · related or exempt $14,788
-
3 · Investment income
total $15,449 · excluded $15,449
-
8a · Fundraising events: gross income
$12,966
-
8c · Net income from fundraising events
total $12,966 · excluded $12,966
-
11a · Other revenue: MISCELLANEOUS
total $57,658 · related or exempt $57,658
-
11b · Other revenue: SALES TAX REFUND
total $48,685 · related or exempt $48,685
-
11e · Other revenue, total
$106,343
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $4,401,108 · program services $3,564,897 · management and general $836,211
-
8 · Pension plan contributions
total $1,100,601 · program services $891,487 · management and general $209,114
-
9 · Other employee benefits
total $548,598 · program services $444,364 · management and general $104,234
-
10 · Payroll taxes
total $323,485 · program services $262,023 · management and general $61,462
-
11b · Fees: legal
total $92,478 · program services $74,907 · management and general $17,571
-
11c · Fees: accounting
total $11,100 · program services $8,991 · management and general $2,109
-
11g · Fees: other
total $1,175,737 · program services $952,347 · management and general $223,390
-
12 · Advertising and promotion
total $112,303 · program services $90,965 · management and general $21,338
-
13 · Office expenses
total $156,842 · program services $127,042 · management and general $29,800
-
14 · Information technology
total $168,127 · program services $136,183 · management and general $31,944
-
16 · Occupancy
total $571,625 · program services $463,016 · management and general $108,609
-
17 · Travel
total $220,629 · program services $163,265 · management and general $57,364
-
22 · Depreciation, depletion and amortization
total $139,780 · program services $103,437 · management and general $36,343
-
23 · Insurance
total $59,566 · program services $48,248 · management and general $11,318
-
24a · Other expenses: ADMIN EXPENSES
total $261,809 · program services $212,065 · management and general $49,744
-
24b · Other expenses: NONCAPITALIZED EQUIP
total $247,676 · program services $200,618 · management and general $47,058
-
24c · Other expenses: BOOKS AND SUPPLIES
total $220,921 · program services $178,946 · management and general $41,975
-
24d · Other expenses: STAFF DEVELOPMENT
total $100,816 · program services $81,661 · management and general $19,155
-
24e · All other expenses
total $71,448 · program services $57,873 · management and general $13,575
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,246,632 · end of year $2,678,209
-
4 · Accounts receivable
beginning of year $103,296 · end of year $115,474
-
9 · Prepaid expenses and deferred charges
beginning of year $92,630 · end of year $58,886
-
10a · Land, buildings and equipment: cost or other basis
$7,299,929
-
10b · Land, buildings and equipment: accumulated depreciation
$2,625,500
-
10c · Land, buildings and equipment, net
beginning of year $1,507,775 · end of year $4,674,429
-
14 · Intangible assets
beginning of year $679,196
-
15 · Other assets
beginning of year $3,028,265 · end of year $4,784,954
-
17 · Accounts payable and accrued expenses
beginning of year $119,382 · end of year $147,032
-
19 · Deferred revenue
end of year $268,038
-
23 · Secured mortgages and notes payable
end of year $3,000,000
-
25 · Other liabilities
beginning of year $9,183,766 · end of year $9,996,605
-
27 · Net assets without donor restrictions
beginning of year -$1,645,354 · end of year -$1,099,723
Mission and programs · 2022
Mission
NORTH CAROLINA NON-PROFIT OPERATING A K THROUGH 8TH GRADE PUBLIC CHARTER SCHOOL.
Activities or mission (Part I)
NORTH CAROLINA NON-PROFIT OPERATING A K-8TH GRADE PUBLIC CHARTER SCHOOL.
-
OPERATION OF A PUBLIC CHARTER SCHOOL IN DURHAM, NC FOR STUDENTS GRADES K TRHOUGH 8TH GRADE SERVING APPROXIMATELY 632 STUDENTS.
Expenses $8,062,335 · Revenue $64,350
As filed on the 2022 return.
Listed in Part VII
-
ALEXANDER QUIGLEY
EXECUTIVE DI
- Total calculated
- $133,598
- From this org
- $133,598
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
CARY CAIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
JOHN DEBERRY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
PRESTON EDWARDS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
RICHARD FORD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
ELIZABETH GNATEK-MOREY
PRESIDENT &
- Total calculated
- $0
- Hours/week
- 24
-
ERNESTO LEMBERT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
MATT LESESKY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
GERALD MCNAIR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
REV DR MICHAEL PAGE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
GWENDOLYN WICKER
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
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
- 29 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441289349302659
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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