Totals
- Total revenue
- $7,796,958
- Total expenses
- $7,212,064
- Contributions and grants received
- $7,285,590
- Grants paid
- $0
- Program service revenue
- $413,318
- Investment income
- $32,666
- Other revenue
- $65,384
- Total assets, end of year
- $11,566,356
- Total liabilities, end of year
- $5,666,460
- Net assets or fund balances, end of year
- $5,899,896
- Program services expenses (Part IX)
- $6,423,063
- Management and general expenses
- $789,001
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $6,423,063
Program services were 89.1% 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.
-
1d · Related organizations
$519,195
-
1e · Government grants (contributions)
$6,765,170
-
1f · All other contributions, gifts and grants
$1,225
-
2a · Program service revenue: SCHOOL ACTIVITIES
total $325,624 · related or exempt $325,624
-
2b · Program service revenue: BEFORE & AFTER SCHOOL
total $87,694 · related or exempt $87,694
-
3 · Investment income
total $32,666 · excluded $32,666
-
6a · Gross rents
real property $44,613
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $44,613
-
6d · Net rental income or loss
total $44,613 · related or exempt $44,613
-
11a · Other revenue: MISCELLANEOUS
total $20,771 · related or exempt $20,771
-
11e · Other revenue, total
$20,771
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $103,336 · program services $92,031 · management and general $11,305
-
7 · Other salaries and wages
total $4,510,836 · program services $4,017,350 · management and general $493,486
-
8 · Pension plan contributions
total $128,918 · program services $114,814 · management and general $14,104
-
9 · Other employee benefits
total $548,801 · program services $488,762 · management and general $60,039
-
10 · Payroll taxes
total $339,070 · program services $301,976 · management and general $37,094
-
11b · Fees: legal
total $11,750 · program services $10,465 · management and general $1,285
-
11c · Fees: accounting
total $10,250 · program services $9,129 · management and general $1,121
-
11g · Fees: other
total $457,054 · program services $407,052 · management and general $50,002
-
12 · Advertising and promotion
total $4,875 · program services $4,342 · management and general $533
-
13 · Office expenses
total $43,265 · program services $38,532 · management and general $4,733
-
14 · Information technology
total $69,762 · program services $62,130 · management and general $7,632
-
16 · Occupancy
total $96,852 · program services $86,256 · management and general $10,596
-
17 · Travel
total $87,078 · program services $77,552 · management and general $9,526
-
19 · Conferences, conventions and meetings
total $44,909 · program services $39,996 · management and general $4,913
-
20 · Interest
total $180,496 · program services $160,750 · management and general $19,746
-
22 · Depreciation, depletion and amortization
total $302,451 · program services $269,363 · management and general $33,088
-
23 · Insurance
total $38,442 · program services $34,236 · management and general $4,206
-
24a · Other expenses: BOOKS AND SUPLIES
total $154,505 · program services $137,602 · management and general $16,903
-
24b · Other expenses: FOOD PURCHASES
total $36,748 · program services $32,728 · management and general $4,020
-
24c · Other expenses: SALES TAX
total $16,477 · program services $14,674 · management and general $1,803
-
24d · Other expenses: NON-CAPITALIZED EQUIP.
total $14,775 · program services $13,159 · management and general $1,616
-
24e · All other expenses
total $11,414 · program services $10,164 · management and general $1,250
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,576,735 · end of year $2,124,692
-
2 · Savings and temporary cash investments
beginning of year $3,260,874 · end of year $3,366,121
-
4 · Accounts receivable
beginning of year $78,801 · end of year $52,106
-
9 · Prepaid expenses and deferred charges
beginning of year $47,412 · end of year $38,284
-
10a · Land, buildings and equipment: cost or other basis
$10,769,815
-
10b · Land, buildings and equipment: accumulated depreciation
$4,784,662
-
10c · Land, buildings and equipment, net
beginning of year $6,183,051 · end of year $5,985,153
-
15 · Other assets
beginning of year $46,488 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $33,612 · end of year $56,174
-
19 · Deferred revenue
beginning of year $102,847 · end of year $155,213
-
23 · Secured mortgages and notes payable
beginning of year $5,814,489 · end of year $5,455,073
-
27 · Net assets without donor restrictions
beginning of year $5,242,413 · end of year $5,899,896
Mission and programs · 2024
Mission
OPERATION OF A NORTH CAROLINA PUBLIC CHARTER SCHOOL
-
OPERATED AS A PUBLIC CHARTER SCHOOL IN CHAPEL HILL, NORTH CAROLINA SERVING APPROXIMATELY 509 STUDENTS IN GRADES K-12 FOR THE FISCAL YEAR ENDING JUNE 30, 2025.
Expenses $6,423,063 · Revenue $478,702
As filed on the 2024 return.
Listed in Part VII
-
Terregino CharmaineTERREGINO CHARMAINE
CHAIR
- Total calculated
- $0
- Hours/week
- 4
-
McInerney RachelMCINERNEY RACHEL
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Cabe CourtneyCABE COURTNEY
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Messick DoreenMESSICK DOREEN
SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
Garrett AmyGARRETT AMY
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Pearlstein MichellePEARLSTEIN MICHELLE
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Protzman AlexPROTZMAN ALEX
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Bryan CottonBRYAN COTTON
PRINCIPAL
- Total calculated
- $103,336
- From this org
- $103,336
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50 + 2 related
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.
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.
-
WOODS CHARTER SCHOOL FOUNDATION
501(C)(3) · SUPPORT · NC
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 April 2026
- IRS schema version
- 2024v5.5
- Source object
- 202611049349301561
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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