Form 990 for tax year 2022
Filed by CHARLOTTE SECONDARY SCHOOL INC.
Totals
- Total revenue
- $2,238,260
- Total expenses
- $2,623,032
- Contributions and grants received
- $2,219,415
- Grants paid
- $0
- Program service revenue
- $10,908
- Investment income
- $135
- Other revenue
- $7,802
- Total assets, end of year
- $3,177,619
- Total liabilities, end of year
- $7,719,643
- Net assets or fund balances, end of year
- -$4,542,024
- Program services expenses (Part IX)
- $2,298,037
- Management and general expenses
- $324,995
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,298,037
Program services were 87.6% 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.
-
1e · Government grants (contributions)
$2,217,168
-
1f · All other contributions, gifts and grants
$2,247
-
2a · Program service revenue: FOOD SERVICES
total $7,803 · related or exempt $7,803
-
2b · Program service revenue: STUDENT ACTIVITIES AND FEES
total $3,105 · related or exempt $3,105
-
3 · Investment income
total $135 · excluded $135
-
11a · Other revenue: SALES TAX REFUNDS
total $4,451 · related or exempt $4,451
-
11b · Other revenue: REV- VARIOUS
total $3,351 · related or exempt $3,351
-
11e · Other revenue, total
$7,802
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $1,203,490 · program services $1,054,137 · management and general $149,353
-
9 · Other employee benefits
total $387,881 · program services $339,745 · management and general $48,136
-
10 · Payroll taxes
total $88,006 · program services $77,084 · management and general $10,922
-
11c · Fees: accounting
total $8,526 · program services $7,468 · management and general $1,058
-
11g · Fees: other
total $161,739 · program services $141,667 · management and general $20,072
-
12 · Advertising and promotion
total $16,438 · program services $14,398 · management and general $2,040
-
13 · Office expenses
total $18,768 · program services $16,439 · management and general $2,329
-
14 · Information technology
total $3,944 · program services $3,455 · management and general $489
-
16 · Occupancy
total $420,731 · program services $368,518 · management and general $52,213
-
17 · Travel
total $5,640 · program services $4,940 · management and general $700
-
20 · Interest
total $62,436 · program services $54,688 · management and general $7,748
-
22 · Depreciation, depletion and amortization
total $149,882 · program services $131,282 · management and general $18,600
-
23 · Insurance
total $23,855 · program services $20,895 · management and general $2,960
-
24a · Other expenses: SUPPLIES AND MATERIALS
total $21,353 · program services $19,226 · management and general $2,127
-
24b · Other expenses: REPAIRS AND MAINTENANCE
total $16,006 · program services $14,020 · management and general $1,986
-
24c · Other expenses: EXTRACURRICULAR ACTIVITIE
total $9,513 · program services $8,332 · management and general $1,181
-
24d · Other expenses: MEALS
total $8,184 · program services $7,168 · management and general $1,016
-
24e · All other expenses
total $16,640 · program services $14,575 · management and general $2,065
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $909,054 · end of year $516,350
-
2 · Savings and temporary cash investments
beginning of year $50,129 · end of year $50,134
-
4 · Accounts receivable
beginning of year $5,416 · end of year $3,844
-
9 · Prepaid expenses and deferred charges
beginning of year $29,171 · end of year $46,706
-
10a · Land, buildings and equipment: cost or other basis
$1,665,716
-
10b · Land, buildings and equipment: accumulated depreciation
$1,621,131
-
10c · Land, buildings and equipment, net
beginning of year $194,468 · end of year $44,585
-
15 · Other assets
beginning of year $2,267,806 · end of year $2,516,000
-
17 · Accounts payable and accrued expenses
beginning of year $130,066 · end of year $69,378
-
23 · Secured mortgages and notes payable
beginning of year $726,396 · end of year $660,237
-
25 · Other liabilities
beginning of year $7,585,847 · end of year $6,990,028
-
27 · Net assets without donor restrictions
beginning of year -$5,037,532 · end of year -$4,592,158
-
28 · Net assets with donor restrictions
beginning of year $51,267 · end of year $50,134
Mission and programs · 2022
Mission
OPERATION OF A PUBLIC CHARTER SCHOOL.
-
OPERATED AS A PUBLIC CHATER SCHOOL IN CHARLOTTE, NC SERVING APPROXIMATELY 173 STUDENTS FOR THE FISCAL YEAR ENDED 6/30/23.
Expenses $2,298,037 · Revenue $10,908
As filed on the 2022 return.
Listed in Part VII
-
Angela BassANGELA BASS
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Gerald BellamyGERALD BELLAMY
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Charise BlackmonCHARISE BLACKMON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Erika RogersERIKA ROGERS
CO-CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Kelly RudickKELLY RUDICK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gurpaul SagooGURPAUL SAGOO
DIRECTOR
- 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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 1 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202411239349302126
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