Totals
- Total revenue
- $2,019,062
- Total expenses
- $2,886,910
- Contributions and grants received
- $1,954,583
- Grants paid
- $0
- Program service revenue
- $45,587
- Investment income
- $0
- Other revenue
- $18,892
- Total assets, end of year
- $16,525,584
- Total liabilities, end of year
- $17,472,272
- Net assets or fund balances, end of year
- -$946,688
- Program services expenses (Part IX)
- $1,829,004
- Management and general expenses
- $1,057,906
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,829,004
Program services were 63.4% 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.
-
1c · Fundraising events
$4,824
-
1e · Government grants (contributions)
$1,939,759
-
1f · All other contributions, gifts and grants
$10,000
-
2a · Program service revenue: BEFORE & AFTER SCHOOL
total $42,007 · related or exempt $42,007
-
2b · Program service revenue: FOOD SERVICES
total $1,940 · related or exempt $1,940
-
2c · Program service revenue: STUDENT ACTIVITIES
total $1,640 · related or exempt $1,640
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$4,824
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
-
11a · Other revenue: SALES TAX
total $13,105 · related or exempt $13,105
-
11b · Other revenue: MISCELLANEOUS
total $5,787 · related or exempt $5,787
-
11e · Other revenue, total
$18,892
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $67,720 · program services $42,904 · management and general $24,816
-
7 · Other salaries and wages
total $1,004,872 · program services $636,637 · management and general $368,235
-
8 · Pension plan contributions
total $7,299 · program services $4,624 · management and general $2,675
-
9 · Other employee benefits
total $54,286 · program services $34,393 · management and general $19,893
-
10 · Payroll taxes
total $90,519 · program services $57,348 · management and general $33,171
-
11b · Fees: legal
total $10,149 · program services $6,430 · management and general $3,719
-
11g · Fees: other
total $216,123 · program services $136,925 · management and general $79,198
-
12 · Advertising and promotion
total $16,152 · program services $10,233 · management and general $5,919
-
13 · Office expenses
total $2,751 · program services $1,743 · management and general $1,008
-
14 · Information technology
total $29,130 · program services $18,455 · management and general $10,675
-
16 · Occupancy
total $47,258 · program services $29,940 · management and general $17,318
-
17 · Travel
total $15,990 · program services $10,130 · management and general $5,860
-
19 · Conferences, conventions and meetings
total $2,023 · program services $1,282 · management and general $741
-
20 · Interest
total $607,027 · program services $384,582 · management and general $222,445
-
22 · Depreciation, depletion and amortization
total $461,985 · program services $292,691 · management and general $169,294
-
23 · Insurance
total $23,305 · program services $14,765 · management and general $8,540
-
24a · Other expenses: BOOKS & SUPPLIES
total $148,167 · program services $93,871 · management and general $54,296
-
24b · Other expenses: NON-CAP EQUIPMENT
total $47,825 · program services $30,300 · management and general $17,525
-
24c · Other expenses: ADMINISTRATIVE SERVICES
total $34,329 · program services $21,751 · management and general $12,578
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $79,150
-
4 · Accounts receivable
end of year $4,590
-
9 · Prepaid expenses and deferred charges
end of year $5,737
-
15 · Other assets
beginning of year $0 · end of year $16,436,107
-
17 · Accounts payable and accrued expenses
end of year $61,382
-
23 · Secured mortgages and notes payable
end of year $160,125
-
25 · Other liabilities
beginning of year $0 · end of year $17,250,765
-
27 · Net assets without donor restrictions
end of year -$946,688
Mission and programs · 2023
Mission
PROVIDE A CHALLENGING LEARNING ENVIRONMENT IN SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH TO A DIVERSE STUDENT POPULATION, ENABLING THEM TO BECOME PROBLEM-SOLVING, PEACE-BUILDING, SOLUTION-FOCUSED CITIZENS. THE CURRICULUM IS DESIGNED TO STIMULATE CURIOSITY, DISCOVERY, CRITICAL THINKING, AND COLLABORATION, ENSURING STUDENTS ARE WELL-EQUIPPED TO MEET THE CHALLENGES IN THE WORLD AROUND THEM.
-
THE SCHOOL IS OPERATED AS A CHARTER SCHOOL IN GOLDSBORO, NORTH CAROLINA, SERVING APPROXIMATELY 172 STUDENTS FOR THE FISCAL YEAR ENDING JUNE 30, 2024.
Expenses $1,829,004 · Revenue $64,479
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Christina WattsCHRISTINA WATTS
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Chretien DumondCHRETIEN DUMOND
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Carla JacobsCARLA JACOBS
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Karina PaschtKARINA PASCHT
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Rhonda CoyneRHONDA COYNE
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Todd ForgetteTODD FORGETTE
EXECUTIVE DIRECTOR
- Total calculated
- $67,720
- From this org
- $67,720
- 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
- 2023
- Filed
- 17 April 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541119349300144
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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