Totals
- Total revenue
- $6,612,991
- Total expenses
- $7,182,065
- Contributions and grants received
- $6,465,061
- Grants paid
- $0
- Program service revenue
- $10,837
- Investment income
- $15,246
- Other revenue
- $121,847
- Total assets, end of year
- $5,691,103
- Total liabilities, end of year
- $2,385,560
- Net assets or fund balances, end of year
- $3,305,543
- Program services expenses (Part IX)
- $5,155,781
- Management and general expenses
- $2,026,284
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $5,155,781
Program services were 71.8% 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.
-
1e · Government grants (contributions)
$6,412,557
-
1f · All other contributions, gifts and grants
$52,504
-
2a · Program service revenue: SCHOOL PROGRAMS
total $10,393 · related or exempt $10,393
-
2b · Program service revenue: LUNCH REVENUE
total $444 · related or exempt $444
-
3 · Investment income
total $15,246 · excluded $15,246
-
6a · Gross rents
real property $10,500
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $10,500
-
6d · Net rental income or loss
total $10,500 · related or exempt $10,500
-
11a · Other revenue: SALES TAX REFUND
total $59,451 · related or exempt $59,451
-
11b · Other revenue: MISCELLANEOUS
total $51,896 · related or exempt $51,896
-
11e · Other revenue, total
$111,347
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $100,212 · program services $71,939 · management and general $28,273
-
7 · Other salaries and wages
total $3,545,620 · program services $2,545,290 · management and general $1,000,330
-
9 · Other employee benefits
total $296,287 · program services $212,695 · management and general $83,592
-
10 · Payroll taxes
total $291,850 · program services $209,510 · management and general $82,340
-
11b · Fees: legal
total $114,002 · program services $81,838 · management and general $32,164
-
11c · Fees: accounting
total $32,520 · program services $23,345 · management and general $9,175
-
11g · Fees: other
total $922,018 · program services $661,890 · management and general $260,128
-
12 · Advertising and promotion
total $46,553 · program services $33,419 · management and general $13,134
-
13 · Office expenses
total $42,933 · program services $30,820 · management and general $12,113
-
14 · Information technology
total $125,851 · program services $90,345 · management and general $35,506
-
16 · Occupancy
total $135,308 · program services $97,133 · management and general $38,175
-
17 · Travel
total $135,709 · program services $97,421 · management and general $38,288
-
19 · Conferences, conventions and meetings
total $61,445 · program services $44,109 · management and general $17,336
-
20 · Interest
total $86,287 · program services $61,943 · management and general $24,344
-
22 · Depreciation, depletion and amortization
total $244,414 · program services $175,457 · management and general $68,957
-
23 · Insurance
total $72,899 · program services $52,332 · management and general $20,567
-
24a · Other expenses: TEXTBOOKS & SUPPLIES
total $530,325 · program services $380,704 · management and general $149,621
-
24b · Other expenses: ADMIN
total $257,404 · program services $184,782 · management and general $72,622
-
24c · Other expenses: NUTRITION
total $133,414 · program services $95,774 · management and general $37,640
-
24d · Other expenses: NON-CAP EQUIPMENT
total $5,237 · program services $3,759 · management and general $1,478
-
24e · All other expenses
total $1,777 · program services $1,276 · management and general $501
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,628,588 · end of year $1,664,068
-
4 · Accounts receivable
beginning of year $146,838 · end of year $329,042
-
9 · Prepaid expenses and deferred charges
end of year $17,710
-
10a · Land, buildings and equipment: cost or other basis
$6,535,598
-
10b · Land, buildings and equipment: accumulated depreciation
$2,855,315
-
10c · Land, buildings and equipment, net
beginning of year $3,734,684 · end of year $3,680,283
-
17 · Accounts payable and accrued expenses
beginning of year $166,835 · end of year $86,906
-
20 · Tax-exempt bond liabilities
beginning of year $2,468,658 · end of year $2,298,654
-
27 · Net assets without donor restrictions
beginning of year $3,874,617 · end of year $3,305,543
Mission and programs · 2023
Mission
OPERATION OF A PUBLIC CHARTER SCHOOL.
Activities or mission (Part I)
OPERATION OF A PUBLIC CHARTER SCHOOL
-
OPERATED AS A PUBLIC CHARTER SCHOOL IN WINSTON-SALEM, NC, SERVING APPROXIMATELY 492 STUDENTS FOR THE FISCAL YEAR ENDING JUNE 30, 2024.
Expenses $5,155,781 · Revenue $132,684
As filed on the 2023 return.
Listed in Part VII
-
Ariana Vargas OlivaresARIANA VARGAS OLIVARES
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Nelson MalloyNELSON MALLOY
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Kenneth Love EsqKENNETH LOVE ESQ
CHAIR-ELECT & TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Thomas C Coaxum PhDTHOMAS C COAXUM PHD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jeffrey C BaldwinJEFFREY C BALDWIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Denise S HartsfieldDENISE S HARTSFIELD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jane W McKimJANE W MCKIM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Hazel Mack EsqHAZEL MACK ESQ
DIRECTOR & LEGAL ADVISOR
- Total calculated
- $0
- Hours/week
- 2
-
Darlene SteeleDARLENE STEELE
SENIOR EXECUTIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Terri GullickTERRI GULLICK
EXECUTIVE DIRECTOR
- Total calculated
- $100,212
- From this org
- $100,212
- 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
- 7 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202511279349302086
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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