Totals
- Total revenue
- $8,985,113
- Total expenses
- $9,630,110
- Contributions and grants received
- $2,135,033
- Grants paid
- $0
- Program service revenue
- $6,850,080
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $3,743,620
- Total liabilities, end of year
- $182,987
- Net assets or fund balances, end of year
- $3,560,633
- Program services expenses (Part IX)
- $8,036,733
- Management and general expenses
- $1,593,377
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $8,036,733
Program services were 83.5% 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)
$2,135,033
-
2a · Program service revenue: State appropriations
total $4,708,440
-
2b · Program service revenue: County appropriations
total $1,862,975
-
2c · Program service revenue: School Lunch Charges
total $249
-
2d · Program service revenue: Other program activities
total $278,416
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $5,357,826 · program services $4,790,142 · management and general $567,684
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $429,621 · program services $352,881 · management and general $76,740
-
10 · Payroll taxes
total $399,449 · program services $332,979 · management and general $66,470
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $69,905 · management and general $69,905
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $4,198 · management and general $4,198
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $124,471 · program services $99,577 · management and general $24,894
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $9,412 · management and general $9,412
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $106,717 · program services $85,374 · management and general $21,343
-
23 · Insurance
total $0
-
24a · Other expenses: Contracted student services
total $1,128,668 · program services $689,736 · management and general $438,932
-
24b · Other expenses: Supplies, Materials, Textbooks etc.
total $1,946,066 · program services $1,632,267 · management and general $313,799
-
24c · Other expenses: Student Transportation
total $53,777 · program services $53,777
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,770,906 · end of year $1,062,200
-
2 · Savings and temporary cash investments
beginning of year $56,006
-
4 · Accounts receivable
beginning of year $187,067 · end of year $230,316
-
10a · Land, buildings and equipment: cost or other basis
$2,246,306
-
10b · Land, buildings and equipment: accumulated depreciation
$1,042,106
-
10c · Land, buildings and equipment, net
beginning of year $1,182,763 · end of year $1,204,200
-
11 · Investments: publicly traded securities
beginning of year $1,216,737 · end of year $1,148,245
-
15 · Other assets
end of year $98,659
-
17 · Accounts payable and accrued expenses
end of year $18,319
-
25 · Other liabilities
beginning of year $207,849 · end of year $164,668
-
27 · Net assets without donor restrictions
beginning of year $4,205,630 · end of year $3,560,633
Mission and programs · 2022
Mission
Operation of a public charter school.
-
Provided education to approximately 636 students in Forysth County, NC for the fiscal year ended June 30, 2023.
Expenses $8,036,733
As filed on the 2022 return.
Listed in Part VII
-
Tamara Turner
CEO
- Total calculated
- $107,000
- From this org
- $107,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Dr Jefferson Caruthers
Chairman
- Total calculated
- $0
- Hours/week
- 2.5
-
Adolphus Coplin
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
J Luther Covington
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
John Foxworth
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
James Gadson
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Ronald Jessup
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Dr Kendra March
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Walter Weathers
Board Member
- 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
- 25 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431169349300508
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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