Form 990 for tax year 2023
Filed by WOODS CHARTER SCHOOL FOUNDATION INC.
Totals
- Total revenue
- $881,601
- Total expenses
- $752,376
- Contributions and grants received
- $586,425
- Grants paid
- $468,578
- Program service revenue
- $295,181
- Investment income
- $54
- Other revenue
- -$59
- Total assets, end of year
- $426,280
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $426,280
- Program services expenses (Part IX)
- $532,470
- Management and general expenses
- $38,238
- Fundraising expenses
- $181,668
- Program service expenses (Part III)
- $532,470
Program services were 70.8% 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
$252,026
-
1f · All other contributions, gifts and grants
$334,399
-
2a · Program service revenue: GIFT CARD PROGRAM
total $191,076 · related or exempt $191,076
-
2b · Program service revenue: ATHLETIC INCOME
total $52,559 · related or exempt $52,559
-
2c · Program service revenue: CLUB INCOME
total $51,546 · related or exempt $51,546
-
3 · Investment income
total $54 · excluded $54
-
8a · Fundraising events: gross income
$21,426
-
8a · Fundraising events: contributions included on line 1c
$252,026
-
8b · Fundraising events: direct expenses
$23,135
-
8c · Net income from fundraising events
total -$1,709 · excluded -$1,709
-
10a · Gross sales of inventory
$2,393
-
10b · Cost of goods sold
$763
-
10c · Net income from sales of inventory
total $1,630 · related or exempt $1,630
-
11a · Other revenue: BABYSITTING
total $20 · related or exempt $20
-
11e · Other revenue, total
$20
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $468,578 · program services $468,578
-
12 · Advertising and promotion
total $2,990 · fundraising $2,990
-
13 · Office expenses
total $11,778 · management and general $11,778
-
14 · Information technology
total $1,863 · management and general $1,863
-
16 · Occupancy
total $18,900 · management and general $18,900
-
24a · Other expenses: GIFT CARD EXPENSE
total $178,678 · fundraising $178,678
-
24b · Other expenses: ATHLETICS
total $62,555 · program services $62,555
-
24c · Other expenses: BAD DEBT
total $5,697 · management and general $5,697
-
24d · Other expenses: REIMBURSEMENTS
total $1,337 · program services $1,337
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $290,296 · end of year $345,488
-
2 · Savings and temporary cash investments
end of year $77,400
-
3 · Pledges and grants receivable
beginning of year $6,242 · end of year $2,875
-
12 · Investments: other securities
beginning of year $517 · end of year $517
-
27 · Net assets without donor restrictions
beginning of year $192,615 · end of year $201,413
-
28 · Net assets with donor restrictions
beginning of year $104,440 · end of year $224,867
Mission and programs · 2023
Mission
WOODS CHARTER SCHOOL EMPOWERS STUDENTS TO ACHIEVE THEIR FULL POTENTIAL. WE DEVELOP YOUNG CITIZENS EQUIPPED WITH A SOLID ACADEMIC FOUNDATION, A PASSION FOR LEARNING, AND EXEMPLARY CHARACTER. THE FOUNDATION PROVIDES FUNDING AND OTHER MEANS OF SUPPORT TO ENHANCE THE MISSION OF WOODS CHARTER SCHOOL.
-
PROVIDED SUPPORT TO FINANCE THE MISSION OF WOODS CHARTER SCHOOL.
Expenses $532,470 · Grants $468,578 · Revenue $296,831
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Cotton BryanCOTTON BRYAN
DIRECTOR/WCS PRINCIPAL
- Total calculated
- $95,093
- From this org
- $0
- From related orgs
- $95,093
- Other
- $0
- Hours/week
- 2 + 38 related
-
Jessica OliverJESSICA OLIVER
EXECUTIVE DIRECTOR
- Total calculated
- $50,826
- From this org
- $0
- From related orgs
- $50,826
- Other
- $0
- Hours/week
- 32
-
Dana CrottsDANA CROTTS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Eryn DillardERYN DILLARD
FACULTY REPRESENTATIVE
- Total calculated
- $55,334
- From this org
- $0
- From related orgs
- $55,334
- Other
- $0
- Hours/week
- 1 + 39 related
-
Caroline DilworthCAROLINE DILWORTH
BOARD TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Dominique GignacDOMINIQUE GIGNAC
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Erin GrossmannERIN GROSSMANN
BOARD PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Beth KennedyBETH KENNEDY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Cristina LincolnCRISTINA LINCOLN
BOARD VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Richard NussRICHARD NUSS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nicolette SchreiberNICOLETTE SCHREIBER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Elise StanfordELISE STANFORD
BOARD SECRETARY
- Total calculated
- $0
- Hours/week
- 2
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
-
WOODS CHARTER SCHOOL
$263,495
SCHOOL SUPPORT - FACULTY SUPPLEMENT
-
WOODS CHARTER SCHOOL
$70,177
SCHOOL SUPPORT - DESIGNATED EXPENSES
-
WOODS CHARTER SCHOOL
$53,386
SCHOOL SUPPORT - STUDENT CONSUMABLES
-
WOODS CHARTER SCHOOL
$35,973
SCHOOL SUPPORT - CURRICULAR MATERIALS
-
WOODS CHARTER SCHOOL
$20,824
SCHOOL SUPPORT - TEACHER & DIRECT SUPPORT
-
WOODS CHARTER SCHOOL
$15,325
SCHOOL SUPPORT - PROFESSIONAL DEVELOPMENT
-
WOODS CHARTER SCHOOL
$9,398
SCHOOL SUPPORT - FACULTY APPRECIATION
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · SCHOOL · NC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 18 April 2025
- IRS schema version
- 2023v6.0
- Source object
- 202521119349301502
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