EIN 45-5348770

North Carolina Charter Educational Foundation

Name: North Carolina Charter Educational Foundation financials for 2022
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

543

City

Mooresville

State

North Carolina

Year formed

2012

Most recent tax filings

2022-06-01

NTEE code, primary

B29: Charter Schools

Description

The North Carolina Charter Educational Foundation, a not-for-profit entity organized exclusively for educational purposes, is comprised of respected leaders in the state of North Carolina committed to providing high-quality education. The foundation operates four publicly funded charter schools in North Carolina, serving a total of approximately 3,600 students as of the fiscal year ended 6/30/20.

Total revenues

$37,909,289

2022

Total expenses

$37,781,737

2022

Total assets

$99,990,421

2022

Num. employees

543

2022

Program areas at North Carolina Charter Educational Foundation

North Carolina Charter Educational Foundation operated four publicly funded Charter schools in North Carolina providing education to approximately 3,600 students for the fiscal year ended 6/30/22.

Who funds North Carolina Charter Educational Foundation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
North Carolina High School Athletic Association	2021-06	To Subsidize School Costs.	$10,097
North Carolina High School Athletic Association	2021-06	To Subsidize School Costs.	$8,614
AmazonSmile Foundation	2021-12	General Support	$24

Personnel at North Carolina Charter Educational Foundation

Name	Title	Compensation	Date of data
Martin Conway	President	$0	2023-05-15
James Fonseca	Treasurer	$0	2022-06-30
Beth Compton	Vice - President and Secretary / Vice President and Secretary	$0	2022-06-30
Wayne Turner	President	$0	2021-08-19
Beth Allen	Past Treasurer	$0	2021-08-19
...and 2 more key personnel

Financials for North Carolina Charter Educational Foundation

Revenues	FYE 06/2022	FYE 06/2021	% Change
Total grants, contributions, etc.	$36,784,699	$34,528,763	6.5%
Program services	$426,838	$191,138	123.3%
Investment income and dividends	$66,926	$118,562	-43.6%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$-32,622	$0	-999%
Net income from fundraising events	$25,701	$0	999%
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$637,747	$190,950	234%
Total revenues	$37,909,289	$35,029,413	8.2%

Form 990s for North Carolina Charter Educational Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2021-06	2022-07-11	990	View PDF
2020-06	2021-05-25	990	View PDF
2019-06	2020-12-18	990	View PDF
2018-06	2019-07-23	990	View PDF
2017-06	2018-06-14	990	View PDF
...and 3 more Form 990s

Organizations like North Carolina Charter Educational Foundation

Organization	Type	Location	Revenue
Lafayette Charter Foundation	501(c)(3)	Lafayette, LA	$33,949,865
Georgia Magnet Charter Schools Foundation Corp	501(c)(3)	Hapeville, GA	$13,817,107
Lake Charles Charter Academy Foundation	501(c)(3)	Lake Charles, LA	$16,068,412
Pioneer Technology and Arts Academy / Meadow Oaks Education Foundation	501(c)(3)	Mesquite, TX	$20,503,410
Florida Charter Foundation	501(c)(3)	Fort Lauderdale, FL	$15,142,486
KIPP Metro Atlanta Schools	501(c)(3)	Atlanta, GA	$94,866,664
Uwharrie Charter Academy	501(c)(3)	Asheboro, NC	$15,359,750
AreaVibes	501(c)(3)	Asheville, NC	$14,359,175
Naples Classical Academy	501(c)(3)	Naples, FL	$10,447,056
Somerset Academy of Las Vegas	501(c)(3)	Las Vegas, NV	$83,363,869

Data update history

July 3, 2023

Updated personnel

Identified 4 new personnel

May 10, 2023

Received grants

Identified 2 new grant, including a grant for $10,097 from North Carolina High School Athletic Association

February 3, 2023

Posted financials

Added Form 990 for fiscal year 2021

July 13, 2022

Posted financials

Added Form 990 for fiscal year 2020

July 12, 2022

Used new vendors

Identified 1 new vendor, including

Nonprofit Types

Grantmaking organizationsSchoolsCharter schoolsK-12 schoolsCharities

Issues

Education

Characteristics

Fundraising eventsState / local levelReceives government fundingCommunity engagement / volunteeringTax deductible donations

General information

Address: 154 Foundation CT; Mooresville, NC 28117
Metro area: Charlotte-Concord-Gastonia, NC-SC
County: Iredell County, NC
Phone: (704) 910-8499

IRS details

EIN: 45-5348770
Fiscal year end: June
Taxreturn type: Form 990
Year formed: 2012
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: B29: Charter Schools
NAICS code, primary: 813211: Grantmaking Foundations
Parent/child status: Independent

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North Carolina Charter Educational Foundation

Program areas at North Carolina Charter Educational Foundation

Who funds North Carolina Charter Educational Foundation

Personnel at North Carolina Charter Educational Foundation

Financials for North Carolina Charter Educational Foundation

Form 990s for North Carolina Charter Educational Foundation

Organizations like North Carolina Charter Educational Foundation

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