philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Davidson Charter Academy INC

Tax-deductible

Lexington, NC501(c)(3)Since 2017Education EIN 81-3746270Revenue $6.4M in FY2025

On file with the IRSdavidsoncharter.org500 Biesecker Rd, 27295-1522 · Lexington, NCTax-exempt since May 2018School — 170(b)(1)(A)(ii)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

To foster student learning and achievement, and inspire students to become independent thinkers, effective communicators, and contributing citizens of a global society.

501(c)(3) charity; gifts are tax-deductible.
65¢ of each $1 spent went to programs.
Run by 5 volunteers and 104 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
3 of 6
filings with a surplus
Average deficit $253K a year · 5% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
65%
of spending
Worth a look: 65% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$199K
to officers and key staff · 3% of spending
Top officer’s pay higher than 50% of similar orgs
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$21.0M
106% of total assets
Concern: liabilities are 106% of assets; over 80%.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.4M
+2% vs prior year
Spent
$7.8M
To programs
65%
Net assets
−$1.2M
By yearFY2020–FY2025
Revenue
$6.4M
FY2025▲ +2%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.5M
FY2021$4.7M
FY2022$5.4M
FY2023$5.6M
FY2024$6.3M
FY2025$6.4M
Expenses
$7.8M
FY2025▲ +6%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.4M
FY2021$4.2M
FY2022$4.7M
FY2023$6.0M
FY2024$7.4M
FY2025$7.8M
Net assets
−$1.2M
FY2025▼ -1241%
Tap a bar for its year
Net assets by fiscal year
FY2020$427K
FY2021$972K
FY2022$1.6M
FY2023$1.2M
FY2024$108K
FY2025−$1.2M

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

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2018.

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

Where the money goes

65 cents of each dollar spent went to programs.

Program services 65% · $5.0M Management & general 35% · $2.8M

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

Something off? Claim to add context

Who runs it and what they're paid

7 people listed on the 990; $199K 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
Lori James
Director of Education
$126,432Pt VII · Sec A
$72,704Pt VII · Sec A
$0Pt VII · Sec A
Amanda Whitaker
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Andrew Lance
Secretary
$0Pt VII · Sec A
Christine England
Board Vice Chair
$0Pt VII · Sec A

Lori James’s $126K as Director of Education is at the 50th percentile of top reported officer pay among 3395 $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 · 3 named individuals · Part VII

NameFY2025FY2024FY2021FY2020
Jennifer Flury—$127,343$74,745$63,194
Lori James$126,432$111,927——
Joseph Wood$72,704———

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.

See Davidson Charter Academy INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Empowers students to learn, think independently, communicate effectively, and contribute to society.

Questions for Davidson Charter Academy INC

Tap to ask. Davidson Charter Academy INC sees how many people are interested.

Your first name shows with your question. Davidson Charter Academy INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $5.0M · in their own filed words · FY2024
01

Operated a public charter school in lexington, NC, serving approximately 660 students during the fiscal year ended june 30, 2025.

$5.0Mprogram expense

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 · FY2024
Challenge Foundation Properties INCFY2024$25K
Total grants receivedfrom 1 funder$25K

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$6.4M
Ln 12
Gifts and grantsLn 1h$6.3M
Investment incomeLn 3$55K
Other incomeLn 4–11$22K
Money outPt IX
$7.8M
Ln 25
Programscol B$5.0M
Managementcol C$2.8M
Owns and owesPt X
−$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$19.7M
LiabilitiesLn 26$21.0M
PeoplePt VI, VII
7
listed · VII A
PaidVII A2
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.3M
Government grantsLn 1e$6.3M
Investment incomeLn 3$55K
Other incomeLn 4–11$22K
Total revenueLn 12$6.4M
Assets in detailPt X, end of year
CashLn 1$269K
SavingsLn 2$894K
Cash and savings togetherLn 1–2$1.2M
Land, buildings, equipmentLn 10c$18.4M
Total assetsLn 16$19.7M
LiabilitiesLn 26$21.0M
Net assetsLn 32−$1.2M
OperationsPt I, VI
EmployeesI 5104
VolunteersI 65
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$2.1M$1.2M
Land, buildings, equipmentLn 10c$18.6M$18.4M
Total assetsLn 16$21.1M$19.7M
LiabilitiesLn 26$21.0M$21.0M
Net assetsLn 32$108K−$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$73K$47K$26K
Other salaries and wagesLn 7$3.5M$2.3M$1.3M
Pension plan contributionsLn 8$105K$68K$37K
Other employee benefitsLn 9$405K$261K$143K
Payroll taxesLn 10$297K$192K$105K
Legal feesLn 11b$23K$15K$8K
Accounting feesLn 11c$611$394$217
Other fees for servicesLn 11g$688K$444K$244K
Advertising and promotionLn 12$32K$21K$11K
Office expensesLn 13$60K$39K$21K
Information technologyLn 14$89K$58K$32K
OccupancyLn 16$149K$96K$53K
TravelLn 17$2K$2K$879
Conferences, conventions and meetingsLn 19$27K$17K$9K
InterestLn 20$1.5M$944K$518K
Depreciation, depletion and amortizationLn 22$503K$325K$178K
InsuranceLn 23$53K$34K$19K
Other expenses (24a–d)Ln 24$239K$154K$85K
All other expensesLn 24e$11K$7K$4K
Total functional expensesLn 25$7.8M$5.0M$2.8M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $6.4M$7.8M−$1.3M−$1.2M 990 PDF
FY2024 $6.3M$7.4M−$1.1M$108K 990 PDF
FY2023 $5.6M$6.0M−$420K$1.2M 990 PDF
FY2022 $5.4M$4.7M$611K$1.6M 990 PDF
FY2021 $4.7M$4.2M$545K$972K 990 PDF
FY2020 $3.5M$3.4M$145K$427K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $6,423,440 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,852,949$6,346,611
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $83,097$54,801
I-11 Other revenuePrior year $363,843$22,028
I-12 Total revenuePrior year $6,299,889$6,423,440
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $3,651,381$4,427,503
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $3,703,342$3,339,522
I-18 Total expensesPrior year $7,354,723$7,767,025
I-19 Revenue less expensesPrior year −$1,054,834−$1,343,585
Part VI · Governance 5 of 5 board members independent, 1 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $6,423,440 across 6 lines filed
Lines not itemized here account for $16,519 of total revenue; see the IRS return.
VIII-1e Government grants$6,321,611
VIII-1f All other contributions, gifts and grants$25,000
VIII-1h Total contributions, gifts and grants$6,346,611
VIII-3 Investment incomeExcluded from tax $38,282$38,282
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $22,028$22,028
VIII-12 Total revenueRelated to mission $22,028 · Unrelated business $0 · Excluded from tax $54,801$6,423,440
Part IX · Statement of functional expenses $7,767,025 across 19 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $46,932 · Management $25,772$72,704
IX-7 Other salaries and wagesPrograms $2,290,454 · Management $1,257,729$3,548,183
IX-8 Pension plan contributionsPrograms $67,518 · Management $37,075$104,593
IX-9 Other employee benefitsPrograms $261,225 · Management $143,444$404,669
IX-10 Payroll taxesPrograms $191,951 · Management $105,403$297,354
IX-11b Legal feesPrograms $14,641 · Management $8,039$22,680
IX-11c Accounting feesPrograms $394 · Management $217$611
IX-11g Other fees for servicesPrograms $444,004 · Management $243,811$687,815
IX-12 Advertising and promotionPrograms $20,709 · Management $11,372$32,081
IX-13 Office expensesPrograms $38,956 · Management $21,392$60,348
IX-14 Information technologyPrograms $57,681 · Management $31,674$89,355
IX-16 OccupancyPrograms $96,395 · Management $52,933$149,328
IX-17 TravelPrograms $1,602 · Management $879$2,481
IX-19 Conferences, conventions and meetingsPrograms $17,243 · Management $9,468$26,711
IX-20 InterestPrograms $943,601 · Management $518,149$1,461,750
IX-22 Depreciation, depletion and amortizationPrograms $324,949 · Management $178,435$503,384
IX-23 InsurancePrograms $33,954 · Management $18,645$52,599
IX-24 Other expenses (24a–d)Programs $154,285 · Management $84,719$239,004
IX-24e All other expensesPrograms $7,343 · Management $4,032$11,375
IX-25 Total functional expensesPrograms $5,013,837 · Management $2,753,188 · Fundraising $0$7,767,025
Part X · Balance sheet $19,738,531 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $893,525$269,050
X-2 Savings and temporary cash investmentsStart of year $1,159,518$894,196
X-4 Accounts receivableStart of year $393,052$165,185
X-9 Prepaid expenses and deferred chargesStart of year $3,300$9,063
X-10c Land, buildings and equipment, netStart of year $18,634,093$18,401,037
X-16 Total assetsStart of year $21,083,488$19,738,531
X-17 Accounts payable and accrued expensesStart of year $54,116$52,744
X-20 Tax-exempt bond liabilitiesStart of year $20,921,100$20,661,100
X-26 Total liabilitiesStart of year $20,975,216$20,973,844
X-27 Net assets without donor restrictionsStart of year $2,297,869$1,253,301
X-28 Net assets with donor restrictionsStart of year −$2,189,597−$2,488,614
X-32 Total net assets or fund balancesStart of year $108,272−$1,235,313
X-33 Total liabilities and net assetsStart of year $21,083,488$19,738,531
Part XI · Reconciliation of net assets −$1,235,313 net assets at year end
XI-1 Total revenue$6,423,440
XI-2 Total expenses$7,767,025
XI-3 Revenue less expenses−$1,343,585
XI-4 Net assets at start of year$108,272
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$1,235,313

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.