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Carolina Charter Academy Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 821704078 ✦ Angier, NC ✦ Designated as a 501(c)(3)

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Overview

What is Carolina Charter Academy Inc?

Carolina Charter Academy Inc, located in Angier, North Carolina, is a dedicated charter school. Their primary objective is the operation of a public charter school, providing an educational environment for students within the community. The school's mission is centered around this core activity, ensuring a public educational space is accessible to individuals in the area.


Official website here: www.carolinacharteracademy.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 77%, Three-Star out of Four Star rating.

Carolina Charter Academy Inc has received a Three-Star rating from Charity Navigator, indicating a relatively strong performance in accountability and finance. The organization has demonstrated commendable governance practices, with a fully independent board and effective oversight of financial statements. The program expense ratio of 75.93% suggests that a significant portion of its expenses goes directly toward its mission-related activities.

However, the organization has some areas for improvement. Notably, it lacks a whistleblower policy, which is crucial for ensuring transparency and integrity within the organization. Additionally, the absence of its tax form on the website may hinder transparency and accessibility for stakeholders looking to assess the nonprofit's operations.

Despite these limitations, Carolina Charter Academy Inc shows a commitment to accountability, as reflected in its strong scores for board independence and conflict of interest policies. Overall, while there are areas to enhance transparency, the organization's financial management and governance practices appear solid.


This AI summary has been generated from information found on Charity Navigator.

Is Carolina Charter Academy Inc legitimate?

Carolina Charter Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carolina Charter Academy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $152,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,665,971

For more financial information, click here


Official website here: www.carolinacharteracademy.org

What is the mission statement of Carolina Charter Academy Inc?

Carolina Charter Academy Inc's mission is centered around the operation of a public charter school. This mission involves providing educational services in a manner that adheres to the principles of a charter school. The primary goal is to offer a high-quality educational experience, ensuring that each student has the opportunity to learn and grow in a nurturing environment. The school strives to foster an inclusive and supportive learning community, where students can develop their academic skills and personal growth. The mission of Carolina Charter Academy Inc is to contribute positively to the education sector, providing a valuable alternative to traditional public schools.


Official website here: www.carolinacharteracademy.org

Who is the CEO of Carolina Charter Academy Inc?

Nolan Perry is the Board Chair of Carolina Charter Academy Inc.


Official website here: www.carolinacharteracademy.org

What is the revenue of Carolina Charter Academy Inc?

Carolina Charter Academy Inc's revenue in 2022 was $6,353,192.


Official website here: www.carolinacharteracademy.org

Who are the executives of Carolina Charter Academy Inc and what are their salaries?

The average compensation at Carolina Charter Academy Inc during 2022 was $29,988. There are 94 employees at Carolina Charter Academy Inc.


Here are 8 key members and their salaries:


Nolan Perry (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katelyn Day (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Sikes (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Verna Little (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Gibson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anastasia Rynearson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Potter (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Mills (Executive Di)
  • Compensation: $115,734
  • Related: $0
  • Other: $0


Official website here: www.carolinacharteracademy.org

Where can I find the form 990 for Carolina Charter Academy Inc?

Carolina Charter Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.carolinacharteracademy.org

Learn more at the official website: www.carolinacharteracademy.org

Mission Statement of Carolina Charter Academy Inc

Carolina Charter Academy, as a nonprofit organization, is dedicated to the operation of a public charter school. Its mission revolves around providing quality education within a charter school setting. By operating a charter school, Carolina Charter Academy aims to offer an alternative educational option that caters to the unique needs and interests of its students. The organization's mission is not just about running a school, but rather about delivering a high-quality educational experience within a public charter school framework.

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Impact




July, 2024

Carolina Charter Academy Inc's impact is primarily focused on providing quality education to students in Angier, NC through its operation of a public charter school. By fulfilling its mission of running a public charter school, Carolina Charter Academy Inc contributes to the academic growth and development of students in the community. Through its educational programs and initiatives, the organization plays a vital role in shaping the future of students and equipping them with the necessary skills and knowledge to succeed.




This information is meant to be a general summary of Carolina Charter Academy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$6,353,192 (2022)
Expenses
$6,292,774 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,730
  • Program Service Revenue: $5,560,438
  • Gross Receipts: $6,353,192

Assets and Liabilities:

  • Total Assets: $20,856,888
  • Total Liabilities: $20,259,335
  • Net Assets: $597,553

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

STATE APPROPRIATIONS

Revenue

$4,259,220

COUNTY APPROPRIATIONS

Revenue

$1,276,406

SCHOOL PROGRAMS & ACTIVITIES

Revenue

$24,812

Organization Details

Founding Year

2016

Principal Officer

Nolan Perry

Main Address

8529 HWY 55, ANGIER, NC, 27501

NTEE Category

Code: B29 - Education

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