EAST POINT ACADEMY: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: EAST POINT ACADEMY (EIN 26-4384008)
Tax period: 2021-07-01 to 2022-06-30
Filed: 2023-05-15
IRS object ID: 202301359349304925
Schema version: 2021v4.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-05-15T10:26:46-05:00	ReturnTs
Tax Period End	2022-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	580692043	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MAULDIN & JENKINS LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	508 HAMPTON STREET	AddressLine1Txt
City	COLUMBIA	CityNm
State Abbreviation	SC	StateAbbreviationCd
ZIP	29201	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2021-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	264384008	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	EAST POINT ACADEMY OF SOUTH CAROLINA	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	EAST	BusinessNameControlTxt
Phone	8039265180	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1043 CHRIS DRIVE	AddressLine1Txt
City	WEST COLUMBIA	CityNm
State Abbreviation	SC	StateAbbreviationCd
ZIP	29169	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MARK BOUNDS	PersonNm
Person Title	HEAD OF SCHOOL	PersonTitleTxt
Phone	8039265180	PhoneNum
Signature	2023-05-12	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	MARK	PersonFirstNm
Person Last	BOUNDS	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	TIM LYONS CPA	PreparerPersonNm
PTIN	P01365694	PTIN
Phone	8037995810	PhoneNum
Preparation	2023-05-12	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	ANDREW J HART	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1043 CHRIS DRIVE	AddressLine1Txt
City	WEST COLUMBIA	CityNm
State Abbreviation	SC	StateAbbreviationCd
ZIP	29169	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$9,119,712	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.EASTPOINTSC.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2009	FormationYr
Legal Domicile State	SC	LegalDomicileStateCd
Activity Or Mission	TO PREPARE STUDENTS FOR ACADEMIC AND PERSONAL SUCCESS THROUGH PROFICIENCY IN ENGLISH AND MANDARIN CHINESE, MATH, SCIENCE AND SOCIAL STUDIES WHILE LEARNING IN AN ATMOSPHERE THAT PROMOTES CULTURAL SHARING AND UNDERSTANDING.	ActivityOrMissionDesc
Voting Members Governing Body	9	VotingMembersGoverningBodyCnt
Voting Members Independent	9	VotingMembersIndependentCnt
Total Employee	147	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$7,661,183	PYContributionsGrantsAmt
CY Contributions Grants	$8,421,979	CYContributionsGrantsAmt
PY Program Service Revenue	$430,113	PYProgramServiceRevenueAmt
CY Program Service Revenue	$563,420	CYProgramServiceRevenueAmt
PY Investment Income	$2,488	PYInvestmentIncomeAmt
CY Investment Income	$4,102	CYInvestmentIncomeAmt
PY Other Revenue	$118,341	PYOtherRevenueAmt
CY Other Revenue	$130,211	CYOtherRevenueAmt
PY Total Revenue	$8,212,125	PYTotalRevenueAmt
CY Total Revenue	$9,119,712	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$5,088,502	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$5,142,788	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$3,325,341	PYOtherExpensesAmt
CY Other Expenses	$3,254,157	CYOtherExpensesAmt
PY Total Expenses	$8,413,843	PYTotalExpensesAmt
CY Total Expenses	$8,396,945	CYTotalExpensesAmt
PY Revenues Less Expenses	-$201,718	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$722,767	CYRevenuesLessExpensesAmt
Total Assets BOY	$30,087,081	TotalAssetsBOYAmt
Total Assets EOY	$29,534,020	TotalAssetsEOYAmt
Total Liabilities BOY	$30,721,854	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$29,446,026	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	-$634,773	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$87,994	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	EAST POINT ACADEMY (EPA) IS HELPING ALL STUDENTS DEVELOP THE "WORLD CLASS SKILLS OF THE PROFILE OF THE SOUTH CAROLINA GRADUATE" BY CONTINUING ITS LEGACY OF EXCELLENCE IN ACADEMICS, LANGUAGE IMMERSION, THE ARTS, EXTRACURRICULAR ACTIVITIES AND COMMUNITY SERVICE. DESPITE THE CHALLENGES OF THE COVID-19 PUBLIC HEALTH CRISIS, EPA PROVIDED 5 DAY A WEEK ON-CAMPUS INSTRUCTION THE ENTIRE SCHOOL YEAR. STUDENTS CONTINUED TO EXCEL ACADEMICALLY WHILE GROWING SOCIALLY AND EMOTIONALLY.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$4,450,381	ExpenseAmt
Revenue	$693,631	RevenueAmt
Desc	EAST POINT ACADEMY (EPA) IS CONTINUING ITS LEGACY OF EXCELLENCE IN ACADEMICS, LANGUAGE IMMERSION, EXTRACURRICULAR ACTIVITIES AND COMMUNITY SERVICE. SUPERIOR ACADEMICS ARE AT THE CENTER OF ALL DECISIONS AT EPA. OUR STUDENTS EXCEL ON STATE ASSESSMENTS, SIGNIFICANTLY EXCEEDING THE STATE STANDARDS. EPA IS SOUTH CAROLINA'S ONLY SCHOOL-WIDE CHINESE LANGUAGE IMMERSION SCHOOL. EPA HAS A FULL COMPLEMENT OF EXTRACURRICULAR AND ATHLETIC PROGRAMS WHICH CHALLENGE STUDENTS AND ENHANCE THE SCHOOL CULTURE AND STUDENT LEARNING. OUR STUDENTS ARE ALSO ENGAGED IN THE COMMUNITY, PARTICIPATING IN AND SPONSORING MANY EVENTS AND ACTIVITIES.	Desc
Total Program Service Expenses	$4,450,381	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	15	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	147	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	9	GoverningBodyVotingMembersCnt
Independent Voting Member	9	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	0	RegularMonitoringEnfrcInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	SC	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	PRESTIGE SCHOOL SOLUTIONS	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	8284291469	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	925B PEACHTREE ST NE 514	AddressLine1Txt
City	ATLANTA	CityNm
State Abbreviation	GA	StateAbbreviationCd
ZIP	30309	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
LISA COLE
BOARD MEMBER AT LARGE	1.00	Yes (X)	$0	$0	$0
DR MIEKE PEREZ
BOARD MEMBER	1.00	Yes (X)	$0	$0	$0
DAVID CHAO
BOARD MEMBER	1.00	Yes (X)	$0	$0	$0
JONATHAN PALANCE
BOARD MEMBER	1.00	Yes (X)	$0	$0	$0
DR YANG WANG
BOARD MEMBER	1.00	Yes (X)	$0	$0	$0
ALAN BUCK
CHAIR	1.00		$0	$0	$0	Yes (X)
SHELBY LEONARDI
VICE CHAIR	1.00		$0	$0	$0	Yes (X)
ALICE O'CONNER
TREASURER	1.00		$0	$0	$0	Yes (X)
KRISTEN LAMKIN
SECRETARY	1.00		$0	$0	$0	Yes (X)
MARK A BOUNDS
HEAD OF SCHOOL	40.00		$126,289	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$126,289	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CARTWELLS SCHOOL DINING SERVICES	BusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	7092 B HOWARD STREET	AddressLine1Txt
City	SPARTANBURG	CityNm
State Abbreviation	SC	StateAbbreviationCd
ZIP	29303	ZIPCd

Field	Value	IRS element (for citing)
Services	FOOD SERVICE	ServicesDesc
Compensation	$311,224	CompensationAmt

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	1	CntrctRcvdGreaterThan100KCnt
Government Grants	$7,559,706	GovernmentGrantsAmt
All Other Contributions	$862,273	AllOtherContributionsAmt
Total Contributions	$8,421,979	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
INSTRUCTOR AND STUDENT	611110	$313,220	$313,220
AFTERSCHOOL CARE	611110	$239,146	$239,146
SUMMER CAMP	611110	$9,255	$9,255
STUDENT MEALS	611110	$1,799	$1,799

Field	Value	IRS element (for citing)
Total Program Service Revenue	$563,420	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$4,102	TotalRevenueColumnAmt
Exclusion	$4,102	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$18,366	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$18,366	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$18,366	TotalRevenueColumnAmt
Related Or Exempt Func Income	$18,366	RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	OTHER INCOME	Desc
Business	611110	BusinessCd
Total Revenue Column	$111,845	TotalRevenueColumnAmt
Related Or Exempt Func Income	$111,845	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$111,845	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$9,119,712	TotalRevenueColumnAmt
Related Or Exempt Func Income	$693,631	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$4,102	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$126,289	TotalAmt
Program Services	$66,933	ProgramServicesAmt
Management And General	$59,356	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$4,082,958	TotalAmt
Program Services	$2,163,968	ProgramServicesAmt
Management And General	$1,918,990	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$599,187	TotalAmt
Program Services	$317,569	ProgramServicesAmt
Management And General	$281,618	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$334,354	TotalAmt
Program Services	$177,208	ProgramServicesAmt
Management And General	$157,146	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$91,447	TotalAmt
Program Services	$48,467	ProgramServicesAmt
Management And General	$42,980	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$22,000	TotalAmt
Program Services	$11,660	ProgramServicesAmt
Management And General	$10,340	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$63,330	TotalAmt
Program Services	$33,565	ProgramServicesAmt
Management And General	$29,765	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$30,580	TotalAmt
Program Services	$16,207	ProgramServicesAmt
Management And General	$14,373	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$166,437	TotalAmt
Program Services	$88,212	ProgramServicesAmt
Management And General	$78,225	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$1,162,868	TotalAmt
Program Services	$616,320	ProgramServicesAmt
Management And General	$546,548	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$10,502	TotalAmt
Program Services	$5,566	ProgramServicesAmt
Management And General	$4,936	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$697,542	TotalAmt
Program Services	$369,697	ProgramServicesAmt
Management And General	$327,845	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$9,426	TotalAmt
Program Services	$4,996	ProgramServicesAmt
Management And General	$4,430	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
FOOD SERVICES	$349,045	$184,994	$164,051
SUPPLIES	$336,525	$178,358	$158,167
DISTRICT FEE	$130,366	$69,094	$61,272
FISCAL SERVICES	$82,185	$43,558	$38,627

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$101,904	TotalAmt
Program Services	$54,009	ProgramServicesAmt
Management And General	$47,895	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$8,396,945	TotalAmt
Program Services	$4,450,381	ProgramServicesAmt
Management And General	$3,946,564	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$1,834,719	BOYAmt
EOY	$2,227,206	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$1,647,876	BOYAmt
EOY	$1,749,850	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$4,853	BOYAmt
EOY	$0	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$8,095	BOYAmt
EOY	$17,119	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$28,672,978	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$3,338,270	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$25,976,040	BOYAmt
EOY	$25,334,708	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$615,498	BOYAmt
EOY	$205,137	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$30,087,081	BOYAmt
EOY	$29,534,020	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$355,401	BOYAmt
EOY	$348,632	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$18,673	BOYAmt
EOY	$35,913	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$29,238,834	BOYAmt
EOY	$28,764,424	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,108,946	BOYAmt
EOY	$297,057	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$30,721,854	BOYAmt
EOY	$29,446,026	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	-$893,211	BOYAmt
EOY	-$376,108	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$258,438	BOYAmt
EOY	$464,102	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	-$634,773	BOYAmt
EOY	$87,994	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$30,087,081	BOYAmt
EOY	$29,534,020	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$722,767	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,918,916	OtherCostOrOtherBasisAmt
Book Value	$1,918,916	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$26,193,392	OtherCostOrOtherBasisAmt
Depreciation	$2,947,495	DepreciationAmt
Book Value	$23,245,897	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$560,670	OtherCostOrOtherBasisAmt
Depreciation	$390,775	DepreciationAmt
Book Value	$169,895	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$25,334,708	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
DUE TO SC DEPARTMENT OF EDUCATION	$6,077
PAYROLL LIABILITIES	$290,980

Field	Value	IRS element (for citing)
Total Liability	$297,057	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$9,309,174	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$9,309,174	RevenueSubtotalAmt
Other Revenues Not Included	-$189,462	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	-$189,462	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$9,119,712	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$8,586,407	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$8,586,407	ExpensesSubtotalAmt
Other Expenses Not Included	-$189,462	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	-$189,462	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$8,396,945	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART X, LINE 2:	THE CORPORATION'S FINANCIAL STATEMENTS DO NOT REFLECT ANY UNCERTAIN TAX POSITIONS UNDER FIN 48.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	RECLASSED ITEMS FROM EXPENSE TO REVENUE FOR TAX RETURN PRESENTATION -189,462.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	RECLASSED ITEMS FROM REVENUE TO EXPENSE FOR TAX RETURN PRESENTATION -189,462.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (1)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	0	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	0	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (1)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (1)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (1)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (1)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	0	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	0	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	0	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	0	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	0	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	0	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	0	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	0	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	0	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (1)	ComplianceWithRevProc7550Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART III, LINE 1	EAST POINT ACADEMY (EPA) IS HELPING ALL STUDENTS DEVELOP THE "WORLD CLASS SKILLS OF THE PROFILE OF THE SOUTH CAROLINA GRADUATE" BY CONTINUING ITS LEGACY OF EXCELLENCE IN ACADEMICS, LANGUAGE IMMERSION, THE ARTS, EXTRACURRICULAR ACTIVITIES AND COMMUNITY SERVICE. DESPITE THE CHALLENGES OF THE COVID-19 PUBLIC HEALTH CRISIS, EPA PROVIDED 5 DAY A WEEK ON-CAMPUS INSTRUCTION THE ENTIRE SCHOOL YEAR. STUDENTS CONTINUED TO EXCEL ACADEMICALLY WHILE GROWING SOCIALLY AND EMOTIONALLY. EAST POINT ACADEMY IS A GREAT PLACE FOR STUDENTS TO LEARN AND GROW. OUR PANDA CORE VALUES SHAPE OUR SCHOOL CULTURE WHICH CAN BE SUMMED UP IN FOUR WORDS "BE NICE, WORK HARD." STUDENTS, TEACHERS, PARENTS AND STAFF WORK TOGETHER TO MAKE EAST POINT ACADEMY A SCHOOL WHERE EVERY PERSON IS VALUED AND ENCOURAGED TO BE HIS OR HER BEST. SUPERIOR ACADEMICS ARE AT THE CENTER OF ALL DECISIONS AT EAST POINT ACADEMY. OUR STUDENTS EXCEL ON STATE ASSESSMENTS, SIGNIFICANTLY EXCEEDING THE STATE AVERAGE ON SC READY AND SC PASS. WE WERE NAMED THE BEST CHARTER OR PRIVATE SCHOOL BY THE FREE TIMES, THE BEST CHARTER SCHOOL BY THE STATE NEWSPAPER, RATED "A" BY NICHE.COM AND NAMED AS LEXINGTON'S BEST CHARTER SCHOOL. EPA STUDENTS ARE RECEIVING A RICH ACADEMIC PROGRAM WITH A GLOBAL PERSPECTIVE. IN ADDITION TO "RIGOROUS ACADEMICS" EAST POINT ACADEMY ALSO HAS A "GLOBAL FOCUS." WE IMMERSE STUDENTS IN THE MANDARIN LANGUAGE WHILE EXPOSING THEM TO MANY OTHER CULTURES. STUDENTS AT THE ELEMENTARY CAMPUS RECEIVE MANDARIN LANGUAGE INSTRUCTION AS WELL AS BEING TAUGHT MATH, SCIENCE AND RELATED ARTS IN MANDARIN. AT THE MIDDLE CAMPUS, STUDENTS RECEIVE INTENSE LANGUAGE INSTRUCTION FOCUSED ON IMPROVING THEIR LANGUAGE FLUENCY. OUR STUDENTS ARE PROGRESSING IN THEIR LANGUAGE ACQUISITION WHILE EXCELLING IN THEIR CORE CONTENT CLASSES. OUR DEPARTING 8TH GRADE STUDENTS ARE MATRICULATING TO HIGH SCHOOL WITH UP TO NINE CARNEGIE UNIT CREDITS INCLUDING UP TO FOUR IN CHINESE. OUR NEW SPANISH TRACK AT THE MIDDLE CAMPUS IS GOING VERY WELL AND ADDS TO OUR FOCUS ON BEING A GLOBAL, MULTI-CULTURAL SCHOOL. EPA HAS A FULL COMPLEMENT OF EXTRACURRICULAR PROGRAMS. OUR ATHLETIC OPPORTUNITIES INCLUDE COMPETITION ARCHERY, CROSS COUNTRY AND BASKETBALL TEAMS, INTRAMURAL SPORTS, VARIOUS SPORTS CAMPS, RUN HARD CLUB, MARTIAL ARTS AND GYMNASTICS. OUR ARTS OPPORTUNITIES INCLUDE MUSIC, DANCE, PIANO, CELLO, GUITAR, CHORUS, STRINGS AND VARIOUS VISUAL ARTS PROGRAMS. OTHER EXTRACURRICULAR OPTIONS ARE BETA CLUB, MATH KANGAROO, STEM CLUB, JUNIOR LIBRARIAN, TECHNOLOGY CLUB, GARDENING CLUB, RECYCLING CLUB, CHESS CLUB, 3D PRINTING CLUB AND MORE. OUR STUDENT LEADERSHIP PROGRAMS INCLUDE: GIRLS WITH PEARLS, BOW TIE CLUB AND LEADHERSHIP. OUR HORIZONS AFTER SCHOOL PROGRAM WAS RATED AS ONE OF THE BEST IN THE MIDLANDS AND OUR PANDAMONIUM SUMMER PROGRAM PROVIDED A FUN AND ENGAGING EXPERIENCE FOR STUDENTS. EAST POINT ACADEMY WAS NAMED AN ARTS IN THE BASIC CURRICULUM (ABC) CERTIFIED SCHOOL BY THE SOUTH CAROLINA ARTS COMMISSION AND A GREENSTEPS ENVIRONMENTAL SCHOOL BY THE ENVIRONMENTAL EDUCATION ASSOCIATION OF SOUTH CAROLINA. OUR STUDENTS ARE ALSO ENGAGED IN THE COMMUNITY, PARTICIPATING IN AND SPONSORING MANY EVENTS AND ACTIVITIES. OUR ANNUAL SC MOON FEST AND CHINESE NEW YEAR CELEBRATIONS BRING OUR COMMUNITY TOGETHER FOR CULTURAL AWARENESS AND FUN. GIVING BACK TO THE COMMUNITY IS AN IMPORTANT PART OF THE CULTURE AT EPA. EPA HAS SUCCESSFULLY NAVIGATED THE COVID-19 PUBLIC HEALTH CRISIS WITH A FOCUS ON PARENT CHOICE AND A DEDICATION TO THREE GUIDING PRINCIPLES. FIRST, THE HEALTH AND SAFETY OF OUR STUDENTS AND STAFF IS PARAMOUNT. SECOND, WE MUST CONTINUE THE ACADEMIC, SOCIAL AND EMOTIONAL GROWTH OF OUR STUDENTS. FINALLY, WE MUST DO THE FIRST TWO WITHOUT OVERBURDENING OUR TEACHERS AND STAFF. WE HAVE OFFERED ON-CAMPUS INSTRUCTION EVERY SCHOOL DAY DURING THE LAST TWO YEARS OF THE COVID PUBLIC HEALTH CRISIS AND OUR STUDENTS HAVE CONTINUED TO SHINE ACADEMICALLY OUTPERFORMING ALL OUR SURROUNDING DISTRICTS. EAST POINT ACADEMY IS AN EXCEPTIONAL SCHOOL. STUDENTS ARE TAUGHT AND CARED FOR IN A SAFE, LEARNING-FOCUSED ENVIRONMENT. THEY ARE LEARNING THE IMPORTANCE OF STRONG ACADEMICS, VALUING OTHER CULTURES, BEING GREAT CITIZENS, AND TREATING ONE ANOTHER WITH KINDNESS. IT'S AN EXCITING TIME AT EPA, AS WE LIVE UP TO OUR MOTTO OF "MERGING CULTURES, INSPIRING MINDS, EXPANDING HORIZONS!"
FORM 990, PART VI, SECTION B, LINE 11B	THE BOARD CHAIRMAN AND DIRECTOR/PRINCIPAL REVIEW FORM 990 BEFORE IT IS FILED.
FORM 990, PART VI, SECTION B, LINE 15A	GOALS REPORTING AND DOCUMENTATION INCLUDING OBJECTIVE DATA COLLECTED ARE REVIEWED. ALSO REVIEWED BY AN ATTORNEY WITH A SUMMARY OF FINDINGS ISSUED TO THE PUBLIC.
FORM 990, PART VI, SECTION C, LINE 19	GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENT ARE AVAILABLE UPON REQUEST FROM THE SOUTH CAROLINA PUBLIC CHARTER SCHOOL DISTRICT.
FORM 990, PART XII, LINE 2C:	THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.