Is it real?
Yes. Exemption reinstated (2014-11-15). Per the IRS revocation list. Latest filing on record: FY2023. IRS ruling in Nov 2015.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
90 cents of each dollar spent went to programs.
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
1 person listed on the 990.
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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
Inspires youth to explore, learn, and make a difference in school and beyond.
Questions for Next School
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The curriculum is based on a concept known as impact-based learning through the tennants of interest, inquiry and impact. Impact-based learning is similar to project-based learning in that students make a practical application of what they learn in class; however, with impact-based learning the student's core studies and electives are…
The school has two sites, one in greenville, SC and the other in salem, SC. Being a public charter school the school serves the local community and is representative of that area. The greenville campus has a mixed-race demographic of students who are energized by a curriculum whereby the student has to take co-ownership in order to…
The purpose for which the school is organized is to operate a charter school in south carolina and to engage in any other activity permissible; it is to ensure that high quality education is accessible to all children regardless of economic status or background.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2019 990, line by line.
Download 990
| Line | Start FY19 | End FY19 |
|---|---|---|
| Cash and savingsLn 1–2 | $283K | $679K |
| Land, buildings, equipmentLn 10c | $140K | $54K |
| Total assetsLn 16 | $547K | $868K |
| LiabilitiesLn 26 | $2.5M | $1.7M |
| Net assetsLn 32 | −$1.9M | −$881K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $1.8M | $1.6M | $180K | |
| Other employee benefitsLn 9 | $165K | $139K | $26K | |
| Management feesLn 11a | $54K | $54K | ||
| Legal feesLn 11b | $17K | $17K | ||
| Accounting feesLn 11c | $10K | $10K | ||
| Depreciation, depletion and amortizationLn 22 | $98K | $98K | ||
| Other expenses (24a–d)Ln 24 | $636K | $636K | ||
| All other expensesLn 24e | $123K | $123K | ||
| Total functional expensesLn 25 | $2.9M | $2.6M | $287K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2023 Latest | −$83K | $257K | −$340K | $0 | 990 PDF |
| FY2022 | $3.9M | $3.9M | $30K | $292K | 990 PDF |
| FY2021 | $4.3M | $3.7M | $565K | $262K | 990 PDF |
| FY2020 | $4.2M | $3.7M | $578K | −$303K | 990 PDF |
| FY2019 Viewing | $3.9M | $2.9M | $1.0M | −$881K | 990 PDF |
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Schedules filed Part IV
See the full FY2019 990 (6 parts)
Part I · Summary $3,913,216 revenue, 12 lines filed
Part VI · Governance 9 of 9 board members independent, 2 to look at
Part VIII · Statement of revenue $3,913,216 across 4 lines filed
Part IX · Statement of functional expenses $2,878,695 across 8 lines filed
Part X · Balance sheet $867,803 assets, 11 lines filed
Part XI · Reconciliation of net assets −$880,544 net assets at year end
Form 990 e-file (XML) FY2019 from the IRS · Classification, formation year and address from the IRS Business Master File
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