Eastover Elementary School PTA

EIN 56-1281364 Public charity (501(c)(3)) Charlotte, NC
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Revenue & expenses by yearFY2020–FY2025
Revenue
$215K
FY2025▼ -13%
Expenses
$207K
FY2025▼ -27%

Form 990 for the fiscal year ending June 2025 (IRS tax year 2024).


Supports students and schools with enrichment and education programs. For fiscal year 2025 it reported $215K in revenue, $207K in expenses, and $60K in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Charlotte, NC
Website
eastoverpta.org
Filings
6 on file (2020–2025)
Revenue
$215KFY2025
Expenses
$207K
Net assets
$60K
People
14
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Provided by the organization

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Size
$100K–1M
What they do
Supports students and schools with enrichment and education programs.
Leadership
Mary Ladd Reagan · President
Money in and out
$215K revenue, $207K expenses
Bottom line
97% program efficiency

What Funders Ask

From IRS filings

Tax-deductible?

good Yes

Per the IRS master file. Details →

Can I give now?

good No revocation on IRS record

Not on the IRS revocation list. Details →

Filing up to date?

good Filed FY2024 (typical filing lag)

Details →

Foundation funders?

good 2 funders, incl. American Online Giving Foundation INC

$10K in the latest grant year. Details →

Spent on programs?

good 97% to programs

Form 990 Part IX, latest filing. Details →

Size and trend

$100K–1M

↓ -13% vs prior year Details →

Where the money goes · FY2025
Total revenue
$215K
Pt VIII · Ln 12
Total expenses
$207K
Pt IX · Ln 25
Net assets
$60K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $8K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.00 Fundraising $0.03
Program efficiency
97%
of spending reaches programs▼ -1.0% vs prior filing year
Operating runway
3.3mo
months of highly liquid reserves at operating expense rate▲ +65% vs prior filing year
Surplus margin
+4%
revenue over expenses, this year▲ +127% vs prior filing year

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Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$60K
FY2025▲ +18%
Total liabilities
$0
FY2025
Revenue less expensesPt I · Ln 19$8K
Total assetsPt X · Ln 16$60K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CEastover Elementary School PTA
EINHdr · item D56-1281364
Principal addressHdr · item CCharlotte, NC
WebsiteHdr · item Jeastoverpta.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFMay 1985

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1b14
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Audit Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Academics
$0Pt VII · Sec A
See Eastover Elementary School PTA executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $201K of program spending, described in the organization's own filed words · FY2024.
01

The PTA's largest fundraising campaign, Invest, is held each Fall. The funds support the PTA's operating budget for the year. The PTA's 2nd largest fundraiser, Beat the Eagle, is held each Spring. The funds are used to pay two academic support teachers. These teachers submit monthly time sheets and are paid hourly.

$201Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$163K · 76%
Other revenue$47K · 22%
Program service revenue$5K · 2%
Contributions & grants76%$163K
Other revenue22%$47K
Program service revenue2%$5K
Investment income$7
Total revenueLn 12$215K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.00 Fundraising $0.03
Program services97%$201K
Management & general$553
Fundraising3%$6K
Total functional expensesLn 25$207K

Balance Sheet

Part X · end of year
CashLn 1$57K
Total assetsLn 16$60K
Total liabilitiesLn 26$0
Total net assetsLn 32$60K
Months of cash on handcomputed3.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $57K · Operating expenses/yr $207K
3.3 months
Where the money goes
Program services
Program services $201K · Total expenses $207K
97%
Management & General
Management & general $553 · Total expenses $207K
0.3%
Fundraising
Fundraising $6K · Total expenses $207K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $8K · Solicited contributions (3-yr avg) $169K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $163K · Total revenue $215K
76%
Government reliance
Government grants — · Total revenue $215K
—
Earned-income share
Program service revenue $5K · Total revenue $215K
2%
Investment reliance
Investment income $7 · Total revenue $215K
<0.01%
Program self-sufficiency
Program service revenue $5K · Total expenses $207K
3%
Growth & trend
Revenue growth (YoY)
This year $215K · Prior year $247K
-13%
Revenue CAGR
FY2019 $226K · FY2024 $215K
-1%
Net-asset trend (YoY)
End of year $60K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $215K · Expenses $207K
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $60K
—
Net-asset ratio
Net assets $60K · Total assets $60K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $60K
0%
People & payroll
Highest Reported Total Compensation
Individual Mary Ladd Reagan · Reported title President · Highest reported compensation $0 · Total expenses $207K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $207K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 97%——
Overhead ratio 0.3%——
Fundraising cost ratio 3%——
Revenue growth -13%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 0%——
Fundraising fee ratio 0%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$10K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$215K revenue · viewing · ⤓ 990 PDF
FY2024$247K revenue · ⤓ 990 PDF
FY2023$212K revenue · ⤓ 990 PDF
FY2022$221K revenue · ⤓ 990 PDF
FY2021$124K revenue · ⤓ 990 PDF
FY2020$226K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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