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Nonprofiteer
← CLASSROOM CENTRAL INC

Form 990 for tax year 2023

Filed by CLASSROOM CENTRAL INC.

Totals

Total revenue
$17,733,423
Total expenses
$13,571,667
Contributions and grants received
$17,146,200
Grants paid
$11,839,623
Program service revenue
$0
Investment income
$271,342
Other revenue
$315,881
Total assets, end of year
$19,203,201
Total liabilities, end of year
$312,192
Net assets or fund balances, end of year
$18,891,009
Program services expenses (Part IX)
$12,973,496
Management and general expenses
$263,569
Fundraising expenses
$334,602
Program service expenses (Part III)
$12,973,496

Program services were 95.6% 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.

  • 1f · All other contributions, gifts and grants

    $17,146,200

  • 1g · Noncash contributions included above

    $13,857,738

  • 3 · Investment income

    total $271,342 · excluded $271,342

  • 8a · Fundraising events: gross income

    $209,603

  • 8b · Fundraising events: direct expenses

    $38,176

  • 8c · Net income from fundraising events

    total $171,427

  • 11a · Other revenue: OTHER REVENUE

    total $144,454 · related or exempt $144,454

  • 11e · Other revenue, total

    $144,454

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $11,839,623 · program services $11,839,623

  • 5 · Compensation of officers, directors and key employees

    total $224,341 · program services $157,039 · management and general $22,434 · fundraising $44,868

  • 7 · Other salaries and wages

    total $603,270 · program services $422,288 · management and general $60,328 · fundraising $120,654

  • 9 · Other employee benefits

    total $137,034 · program services $95,924 · management and general $13,703 · fundraising $27,407

  • 10 · Payroll taxes

    total $59,211 · program services $41,448 · management and general $5,921 · fundraising $11,842

  • 11c · Fees: accounting

    total $34,450 · management and general $34,450

  • 11g · Fees: other

    total $8,665 · fundraising $8,665

  • 12 · Advertising and promotion

    total $23,975 · program services $11,319 · management and general $600 · fundraising $12,056

  • 13 · Office expenses

    total $71,942 · program services $30,425 · management and general $14,447 · fundraising $27,070

  • 14 · Information technology

    total $50,861 · program services $7,555 · management and general $18,938 · fundraising $24,368

  • 16 · Occupancy

    total $32,092 · program services $22,465 · management and general $3,209 · fundraising $6,418

  • 17 · Travel

    total $5,736 · management and general $5,736

  • 22 · Depreciation, depletion and amortization

    total $160,589 · program services $150,954 · management and general $9,635

  • 23 · Insurance

    total $32,995 · program services $25,232 · management and general $7,763

  • 24a · Other expenses: OTHER

    total $166,129 · program services $71,719 · management and general $60,970 · fundraising $33,440

  • 24b · Other expenses: MOBILE FREE STORE

    total $97,505 · program services $97,505

  • 24c · Other expenses: BANK AND FINANCE FEES

    total $21,492 · management and general $3,678 · fundraising $17,814

  • 24d · Other expenses: DUES AND SUBSCRIPTIONS

    total $1,757 · management and general $1,757

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,999,273 · end of year $2,241,180

  • 3 · Pledges and grants receivable

    beginning of year $736,906 · end of year $1,325,615

  • 8 · Inventories for sale or use

    beginning of year $5,752,374 · end of year $8,543,468

  • 9 · Prepaid expenses and deferred charges

    beginning of year $40,694 · end of year $72,369

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

    $3,213,571

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

    $645,506

  • 10c · Land, buildings and equipment, net

    beginning of year $2,697,825 · end of year $2,568,065

  • 11 · Investments: publicly traded securities

    beginning of year $3,547,671 · end of year $4,424,017

  • 15 · Other assets

    end of year $28,487

  • 17 · Accounts payable and accrued expenses

    beginning of year $45,490 · end of year $312,192

  • 27 · Net assets without donor restrictions

    beginning of year $14,695,255 · end of year $18,430,796

  • 28 · Net assets with donor restrictions

    beginning of year $33,998 · end of year $460,213

Mission and programs · 2023

Mission

CLASSROOM CENTRAL FOSTERS EQUITY IN EDUCATION BY PROVIDING TEACHERS AND STUDENTS WITH THE FREE RESOURCES THEY NEED TO SUCCEED.

  • THE MISSION OF CC IS TO FOSTER EQUITY IN EDUCATION BY PROVIDING TEACHERS AND STUDENTS WITH THE FREE RESOURCES THEY NEED TO SUCCEED. WE ACCOMPLISH THIS BY DISTRIBUTING FREE SCHOOL SUPPLIES AND OTHER EDUCATIONAL MATERIALS THROUGH FOUR PROGRAMS: FREE STORE, MOBILE FREE STORE, ONLINE ORDERING WITH CURBSIDE PICK-UP, SUBSCRIPTIONS SERVICE (BEGINNING TEACHERS) AND BACKPACKS AND BASICS (OUR ONLY DIRECT-TO-SCHOOLS INITIATIVE). TEACHERS AND OTHER SCHOOL PERSONNEL IN QUALIFYING HIGH-NEEDS SCHOOLS AS DEFINED BY THE NATIONAL SCHOOL LUNCH PROGRAM, MAY "SHOP" FOR FREE SUPPLIES THROUGHOUT THE ACADEMIC YEAR. ALL MATERIALS DISTRIBUTED ARE USED TO CREATE INVITING LEARNING ENVIRONMENTS, AND TO SUPPORT THE ACADEMIC AND PERSONAL GROWTH OF LOW-SOCIOECONOMIC STUDENTS. THE FREE STORE PROGRAM IS OPEN WEEKLY THROUGHOUT THE SCHOOL YEAR FOR TEACHER SHOPPING. OUR MOBILE FREE STORE TRAVELS ONCE PER WEEK AND VISITS DISTRICTS SERVED (CURRENTLY SIX SCHOOL DISTRICTS TO INCLUDE CHARLOTTE MECKLENBURG, KANNAPOLIS CITY, IREDELL-STATESVILLE, UNION COUNTY, GASTON COUNTY IN NC AS WELL AS LANCASTER COUNTY SCHOOLS IN SC) AND WORKS ON A SIX-WEEK ROTATION THROUGHOUT THE ACADEMIC YEAR TO ENSURE THAT TEACHERS FURTHEST FROM OUR FREE STORE MAY RECEIVE AMPLE SUPPLIES AND RESOURCES. OUR ONLINE ORDERING WITH CURBSIDE PICK-UP PROGRAM WAS LAUNCHED DURING THE COVID-19 PANDEMIC AS A WAY TO ENSURE TEACHERS AND STUDENTS WERE ABLE TO RECEIVE NEEDED SUPPLIES SAFELY AND EFFICIENTLY. THE PROGRAM WAS SO POPULAR THAT IT HAS BEEN INCORPORATED AS A PERMANENT PART OF OUR OPERATIONS. TEACHERS PLACE AN ORDER ONLINE VIA THE CLASSROOM CENTRAL WEBSITE, ORDERS ARE PACKED BY VOLUNTEERS AND ARE AVAILABLE TO BE PICKED UP THROUGH A DRIVE-THRU SYSTEM. OUR SUBSCRIPTION SERVICE PROVIDES FREE SCHOOL SUPPLIES TO FIRST-YEAR TEACHERS IN ELIGIBLE CHARLOTTE-MECKLENBURG SCHOOLS. EACH QUARTER, SUPPLIES ARE SHIPPED DIRECTLY TO THE FIRST-YEAR TEACHERS. FINALLY, BACKPACKS AND BASICS ENGAGES DONORS TO OFFSET THE COST OF PROVIDING A NEW BACKPACK FILLED WITH BASIC SCHOOL SUPPLIES FOR STUDENTS ATTENDING THE HIGHEST NEEDS SCHOOLS WITHIN OUR SERVICE AREA. CLASSROOM CENTRAL HAS DISTRIBUTED MORE THAN 80 MILLION IN SUPPLIES AND RESOURCES SINCE OPENING IN 2002.

    Expenses $12,973,496 · Grants $11,839,623

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • KAREN CALDER

    EXECUTIVE DI

    Total calculated
    $223,820
    From this org
    $223,820
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $223,820
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $223,820

  • STEPHANIE BORDERS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • VANECIA CARR

    2ND VICE CHA

    Total calculated
    $0
    Hours/week
    1

  • JAMES CHEMPLAVIL

    CHAIR - PROG

    Total calculated
    $0
    Hours/week
    1

  • PAULA COOK

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • LENORE CULPEPPER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ANGELA FUMO

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • RENEE GOLZ

    EX-OFFICIO M

    Total calculated
    $0
    Hours/week
    1

  • MARCUS KIMBROUGH

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JOSH MCCONAUGHEY

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • ANNE MCGOVERN

    CHAIR - MARK

    Total calculated
    $0
    Hours/week
    1

  • CORIE PAULING

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • HUNTER PEAK

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • TIM PENROSE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • LINDA REEVES

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • NEELY ROSE

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • CHRIS SHAAF

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • RORY SNAVELY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • PALACE STEPPS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • APRIL WHITLOCK

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CHASSITY WICKWARE

    CHAIR - ADVI

    Total calculated
    $0
    Hours/week
    1

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
15 October 2024
IRS schema version
2023v5.0
Source object
202412899349302251

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