Coastal High School

Tax-deductible

Myrtle Beach, SC501(c)(3)EducationEIN 27-4672722

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Coastal High school's mission is to engage students in authentic project based learning that will improve academic achievement, critical and creative thinking, and awarness of their leadership roles in our community and environment.

501(c)(3) charity; gifts are tax-deductible.
66¢ of each $1 spent went to programs.
Run by 4 volunteers and 40 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $160K a year · 6% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
66%
of spending
Fine: 66% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$251K
to officers and key staff · 7% of spending
Top officer’s pay higher than 50% of similar orgs
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $2.8M
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$10.6M
88% of total assets
Concern: liabilities are 88% of assets; over 80%.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.4M
+7% vs prior year
Spent
$3.5M
To programs
66%
Net assets
$1.4M
By yearFY2020–FY2025
Revenue
$3.4M
FY2025▲ +7%
Revenue by fiscal year
FY2020$2.1M
FY2021$2.5M
FY2022$3.0M
FY2023$3.0M
FY2024$3.2M
FY2025$3.4M
Expenses
$3.5M
FY2025▲ +35%
Expenses by fiscal year
FY2020$2.1M
FY2021$2.4M
FY2022$2.9M
FY2023$2.6M
FY2024$2.6M
FY2025$3.5M
Net assets
$1.4M
FY2025▼ -5%
Net assets by fiscal year
FY2020$234K
FY2021$449K
FY2022$490K
FY2023$886K
FY2024$1.5M
FY2025$1.4M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2013.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

66 cents of each dollar spent went to programs.

Program services 66% · $2.3M Management & general 34% · $1.2M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

20 people listed on the 990; $251K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Principal
$125,449Pt VII · Sec A
Principal
$125,449Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Sherri Oskin’s $125K as Principal is at the 50th percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024
Sherri Oskin$125,449$125,449

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Engages students in project-based learning to boost achievement and critical thinking.

Provided by the organization

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4 program services account for $3.1M of program spending, described in the organization's own filed words · FY2024.
01

Coastal high school is a public charter school that engages students in authentic project-based learning that will improve academic achievement, critical and creative thinking, and awarness of their leadership roles in our community and environment.

$766Kprogram expense
02

Coastal high school is a public charter school that engages students in authentic project-based learning that will improve academic achievement, critical and creative thinking, and awarness of their leadership roles in our community and environment.

$766Kprogram expense
03

Coastal high school is a small charter school whose focus is to build new leaders by using project-based learning which strengthens students' ability to provide creative answers to real world problems.

$766Kprogram expense
04

Coastal high school is a small charter school whose focus is to build new leaders by using project-based learning which strengthens students' ability to provide creative answers to real world problems.

$766Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$2.8M

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$3.4M
Ln 12
Gifts and grantsLn 1h$2.8M
Other incomeLn 4–11$456K
Fees for servicesLn 2g$82K
Money outPt IX
$3.5M
Ln 25
Programscol B$2.3M
Managementcol C$1.2M
Owns and owesPt X
$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$1.0M
Total assetsLn 16$12.0M
LiabilitiesLn 26$10.6M
PeoplePt VI, VII
20
listed · VII A
PaidVII A2
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.8M
Government grantsLn 1e$2.8M
Fees for servicesLn 2g$82K
Investment incomeLn 3$49K
Other incomeLn 4–11$456K
Total revenueLn 12$3.4M
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$1.0M
Total assetsLn 16$12.0M
LiabilitiesLn 26$10.6M
Net assetsLn 32$1.4M
OperationsPt I, VI
EmployeesI 540
VolunteersI 64
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $3.4M$3.5M−$70K$1.4M 990 PDF
FY2024 $3.2M$2.6M$586K$1.5M 990 PDF
FY2023 $3.0M$2.6M$396K$886K 990 PDF
FY2022 $3.0M$2.9M$41K$490K 990 PDF
FY2021 $2.5M$2.4M$5K$449K 990 PDF
FY2020 $2.1M$2.1M$876$234K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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