EIN 45-4997770

Mariner Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2012
Most recent tax filings
2023-06-01
Description
To help Mountain Island Day Community Charter School succeed by partnering parents and teachers and providing resources for the school.
Related structure
Mariner Foundation is a subordinate organization under Mountain Island Day Community Charter School.
Also known as...
Mountain Island Day School Parent Teacher Organization
Total revenues
$4,110,065
2023
Total expenses
$2,095,359
2023
Total assets
$23,879,788
2023
Num. employees
0
2023

Program areas at Mariner Foundation

The Mariner Foundation functions as the parent-teacher organization for Mountain Island Day Community Charter School and also owns the physical facilties of the school and holds the associated debt. In FY 19/20, the Foundation borrowed $24,735,000 through a public finance bond offering in order to purchase the school's formerly leased facilities, construct a new educational facility, purchase land for future use, and make a variety of improvements to the school's grounds.The Foundation leases the property to the school in amount equal to the annual debt service requirements.The Foundation also coordinates extra-curricular and ancillary activities for the school such as bus transportation and student activities and collects fees and pays expenses for activities such as dance, art, and athletics.

Who funds Mariner Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Mountain Island Day Community Charter SchoolConstruction of New Facility$0

Personnel at Mariner Foundation

NameTitleCompensation
Bitika WilliamsPresident$0
Virginia StaleySecretary$0
Sarah ScholzTreasurer$0
Toni GortneyPresident / Chair$0
Sarah HebertChair and Sec.$0

Financials for Mariner Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,956,067
Program services$2,057,927
Investment income and dividends$96,071
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$4,110,065

Form 990s for Mariner Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-02-07990View PDF
2022-062023-01-23990View PDF
2021-062022-03-09990View PDF
2021-062022-01-31990View PDF
2020-062022-03-21990View PDF

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Data update history
June 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 17, 2023
Updated personnel
Identified 5 new personnel
June 8, 2023
Updated personnel
Identified 7 new personnel
May 27, 2023
Used new vendors
Identified 1 new vendor, including
February 4, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsSchoolsEducational service providersChapter / child organizationsCharities
Issues
Education
Characteristics
Tax deductible donationsNo full-time employees
General information
Address
1209 Little Rock Rd
Charlotte, NC 28214
Metro area
Charlotte-Concord-Gastonia, NC-SC
County
Mecklenburg County, NC
Phone
(704) 477-0547
IRS details
EIN
45-4997770
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2012
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B94: Parent-Teacher Associations PTAs
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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