RIVERWALK ACADEMY INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
RIVERWALK ACADEMY INC (EIN 46-2624840)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-16
IRS object ID
202511369349301011
Schema version
2023v6.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-16T08:43:09-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN260793942PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MARTIN SMITH & COMPANY CPAS PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11212 HAYWOOD ROAD BLDG 100AddressLine1Txt
CityGREENVILLECityNm
State AbbreviationSCStateAbbreviationCd
ZIP296152200ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN462624840EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RIVERWALK ACADEMY INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRIVEBusinessNameControlTxt
Phone8033278400PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15750 MT GALLANT RDAddressLine1Txt
CityROCK HILLCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29732ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROBERT COMPTONPersonNm
Person TitleHEAD OF SCHOOLPersonTitleTxt
Phone8033278400PhoneNum
Signature2025-05-16SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID A SMITHPreparerPersonNm
PTINP00045703PTIN
Phone8642321040PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerROBERT COMPTONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15750 MT GALLANT RDAddressLine1Txt
CityROCK HILLCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29732ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$9,705,711GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.RIVERWALKACADEMY.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2013FormationYr
Legal Domicile StateSCLegalDomicileStateCd
Activity Or MissionTHE MISSION OF RIVERWALK ACADEMY IS TO LEAD STUDENTS TO ACHIEVE, THROUGH A PROJECT BASED LEARNING MODEL.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee104TotalEmployeeCnt
Total Volunteers12TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$7,843,043PYContributionsGrantsAmt
CY Contributions Grants$9,060,870CYContributionsGrantsAmt
PY Program Service Revenue$217,083PYProgramServiceRevenueAmt
CY Program Service Revenue$247,296CYProgramServiceRevenueAmt
PY Investment Income$969PYInvestmentIncomeAmt
CY Investment Income$397,545CYInvestmentIncomeAmt
PY Other Revenue-$1,963PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$8,059,132PYTotalRevenueAmt
CY Total Revenue$9,705,711CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$4,967,012PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$6,139,815CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,708,297PYOtherExpensesAmt
CY Other Expenses$4,489,169CYOtherExpensesAmt
PY Total Expenses$7,675,309PYTotalExpensesAmt
CY Total Expenses$10,628,984CYTotalExpensesAmt
PY Revenues Less Expenses$383,823PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$923,273CYRevenuesLessExpensesAmt
Total Assets BOY$14,764,179TotalAssetsBOYAmt
Total Assets EOY$28,502,005TotalAssetsEOYAmt
Total Liabilities BOY$13,538,486TotalLiabilitiesBOYAmt
Total Liabilities EOY$28,199,585TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,225,693NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$302,420NetAssetsOrFundBalancesEOYAmt
MissionAT RIVERWALK ACADEMY, OUR PROJECT BASED LEARNING APPROACH PROMOTES AN ENVIRONMENT WHERE STUDENTS ARE SEEN AS INDIVIDUALS, TAUGHT THE POWER OF POSITIVE RELATIONSHIPS, AND EQUIPPED TO TAKE OWNERSHIP OF THEIR CHOICES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$8,031,672ExpenseAmt
Revenue$247,296RevenueAmt
DescRIVERWALK ACADEMY SERVES A DIVERSE STUDENT BODY OF OVER 750 PUPILS SPANNING GRADES K THROUGH 12. THESE STUDENTS HAIL FROM SEVEN DIFFERENT SCHOOL DISTRICTS AND FOUR DISTINCT COUNTIES.AT RIVERWALK, WE EMBRACE A PROJECT-BASED LEARNING MODEL WHERE INSTRUCTION IS DRIVEN BY THE STUDENTS' INQUIRIES AND INTERESTS. OUR EDUCATIONAL APPROACH INCLUDES A VARIETY OF INSTRUCTIONAL SETTINGS, FROM SMALL GROUP SESSIONS TO WHOLE GRADE-LEVEL GATHERINGS. THIS ALLOWS OUR STUDENTS TO ENGAGE IN PROJECTS THAT NOT ONLY ENHANCE THEIR CLASSROOM LEARNING BUT ALSO CONTRIBUTE POSITIVELY TO THE WIDER SCHOOL AND COMMUNITY ENVIRONMENTS.Desc
Total Program Service Expenses$8,031,672TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document12IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee104EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DR ROBERT COMPTONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8033278400PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15750 MT GALLANT RDAddressLine1Txt
CityROCK HILLCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29732ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MIKE RIDDLE
BOARD CHAIR1.00Yes (X)Yes (X)$0$0$0
MIKE WALLACE
BOARD TREASURER1.00Yes (X)$0$0$0
KEVIN WILLIS
BOARD VICE CHAIR1.00Yes (X)$0$0$0
BRIDGET MAZZONI
BOARD MEMBER1.00Yes (X)$0$0$0
BRIDGET THOMAS
SECRETARY1.00Yes (X)Yes (X)$0$0$0
DERRICK BENNETT
BOARD MEMBER1.00Yes (X)$0$0$0
AMY CHITWOOD
BOARD MEMBER1.00Yes (X)$0$0$0
MACK WALLACE
BOARD MEMBER1.00Yes (X)Yes (X)$0$0$0
ROBERT COMPTON
HEAD OF SCHOOL40.00Yes (X)$164,890$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$164,890TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
HUBRICH CONTRACTING
PO BOX 45043SAN FRANCISCOCA94145CONSTRUCTION$1,356,259
MOBILE MODULAR
4321 MEEDICAL PK DR STE 100DURHAMNC27704MODULAR RENTALS$183,262
INTERSTATE FACILITY SERVICES LLC
137 PENNINGTON RDROCK HILLSC29732CUSTODIAL SERVICES$133,013
THERAPY A TO Z
4130 CHARLOTTE HWYCLOVERSC29710OCCUPATIONAL THERAPY$128,899
VERIS LLC
1156 BOWMANS ROAD STE 100-AMT PLEASANTSC29464FISCAL SERVICES$110,171
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K6CntrctRcvdGreaterThan100KCnt
Government Grants$9,052,635GovernmentGrantsAmt
All Other Contributions$8,235AllOtherContributionsAmt
Total Contributions$9,060,870TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PUPIL ACTIVITY611710$228,582$228,582
OTHER REVENUE611710$9,668$9,668
SCHOOL LUNCH SALES611710$8,901$8,901
TUITION AND FEES611110$145$145
FieldValueIRS element (for citing)
Total Program Service Revenue$247,296TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$397,545TotalRevenueColumnAmt
Exclusion$397,545ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$9,705,711TotalRevenueColumnAmt
Related Or Exempt Func Income$247,296RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$397,545ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$164,890TotalAmt
Management And General$164,890ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$4,733,599TotalAmt
Program Services$4,181,189ProgramServicesAmt
Management And General$552,410ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$96,011TotalAmt
Program Services$74,443ProgramServicesAmt
Management And General$21,568ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$789,145TotalAmt
Program Services$692,018ProgramServicesAmt
Management And General$97,127ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$356,170TotalAmt
Program Services$304,328ProgramServicesAmt
Management And General$51,842ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$16,480TotalAmt
Management And General$16,480ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$22,926TotalAmt
Management And General$22,926ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$81,021TotalAmt
Management And General$81,021ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$519,852TotalAmt
Program Services$518,490ProgramServicesAmt
Management And General$1,362ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$216,727TotalAmt
Management And General$216,727ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$66,144TotalAmt
Management And General$66,144ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$97,610TotalAmt
Program Services$97,610ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$487,003TotalAmt
Program Services$487,003ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$33,158TotalAmt
Program Services$19,670ProgramServicesAmt
Management And General$13,488ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$1,158,005TotalAmt
Program Services$1,158,005ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$320,012TotalAmt
Program Services$256,010ProgramServicesAmt
Management And General$64,002ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$22,103TotalAmt
Management And General$22,103ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmt
DEBT ISSUANCE COSTS$1,028,326$1,028,326
FEE PAID TO DISTRICT$159,274$159,274
STUDENT ACTIVITIES$137,848$137,848
STUDENT SUPPLIES & TEXT$103,246$103,246

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$19,434TotalAmt
Program Services$1,812ProgramServicesAmt
Management And General$17,622ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$10,628,984TotalAmt
Program Services$8,031,672ProgramServicesAmt
Management And General$2,597,312ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,278,824BOYAmt
EOY$15,587,661EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$74,133BOYAmt
EOY$612,992EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$293,371BOYAmt
EOY$18,797EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$23,384BOYAmt
EOY$51,803EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$12,153,172LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,278,679LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$11,094,467BOYAmt
EOY$10,874,493EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$1,356,259EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$14,764,179BOYAmt
EOY$28,502,005EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$445,183BOYAmt
EOY$458,177EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$45,838BOYAmt
EOY$146,358EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$12,685,000BOYAmt
EOY$25,120,000EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$362,465BOYAmt
EOY$798,958EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$1,676,092EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$13,538,486BOYAmt
EOY$28,199,585EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$1,225,693BOYAmt
EOY$302,420EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,225,693BOYAmt
EOY$302,420EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$14,764,179BOYAmt
EOY$28,502,005EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$923,273ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,063,000OtherCostOrOtherBasisAmt
Book Value$2,063,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$9,771,229OtherCostOrOtherBasisAmt
Depreciation$1,105,357DepreciationAmt
Book Value$8,665,872BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$318,943OtherCostOrOtherBasisAmt
Depreciation$173,322DepreciationAmt
Book Value$145,621BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$10,874,493TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DUE TO SC DEPT OF EDUCATION$5,857
DEFERRED GAIN ON BOND REFUNDING$1,670,235
FieldValueIRS element (for citing)
Total Liability$1,676,092TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$9,705,711TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$9,705,711RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$9,705,711TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$10,628,717TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$10,628,717ExpensesSubtotalAmt
Other Expenses Not Included$268OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$268ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$10,628,985TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE FINANCIAL STATEMENTS WERE PREPARED IN ACCORDANCE WITH GOVERNMENTAL ACCOUNTING STANDARDS, WHICH DOES NOT REQUIRE THE ADOPTION OF FIN 48.
PART XI, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING EXPENSES NETTED AGAINST REVENUE IN FORM 990
PART XII, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING EXPENSES NETTED AGAINST REVENUE IN FORM 990
PART XII, LINE 4B - OTHER ADJUSTMENTS:GASB RIGHT-OF-USE AMOUNTS NOT INCLUDED IN FORM 990 268.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships Recs0MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3THE SCHOOL PUBLISHES ITS NONDISCRIMINATORY STATEMENT ON ITS WEBSITE.
SCHEDULE E, PART I, LINE 4THE ORGANIZATION IS A PUBLIC CHARTER SCHOOL. THEREFORE, IT DOES NOT OFFER SCHOLARSHIPS OR FINANCIAL AID.
SCHEDULE E, PART I, LINE 6THE SCHOOL RECEIVED APPROXIMATELY $9,052,000 OF FEDERAL AND STATE AID.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonROBERT COMPTONPersonNm
TitleHEAD OF SCHOOLTitleTxt
Base Compensation Filing Org$164,890BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$0NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$164,890TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
SC JOBS ECONOMIC DEVELOPMT AUTH 2021A
A57096001883704MBL92020-02-26$12,685,000PAYOFF OF CAPITAL LEASES OBLIGATION SCHOOL BUILDING000
SC JOBS ECONOMIC DEVELOPMT AUTH 2023A
B5709600182023-11-21$25,120,000REFUNDING OF 2021A BONDS AND SCHOOL BUILDING CONSTRUCTION000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndCapitalized InterestCapitalizedInterestAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmt
A$12,685,000$12,685,000$788,941$250,275$11,645,7842021000Yes (1)
B$24,384,396$2,052,403$110,000$1,356,259Yes (1)00Yes (1)$1,491,532$12,685,000$6,689,202

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A000000Yes (1)
B000000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A0Yes (1)0000000
B0Yes (1)0000000

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE BOARD OF DIRECTORS IS PRESENTED A COPY OF THE RETURN FOR APPROVAL PRIOR TO FILING, ONCE APPROVED THE BOARD AUTHORIZES THE CHAIRMAN TO SIGN THE RETURN AND FILE.
FORM 990, PART VI, SECTION B, LINE 12CA CONFLICT OF INTEREST QUESTIONNAIRE IS DISTRIBUTED AS PART OF THE ANNUAL AUDIT. IN THE EVENT OF A POTENTIAL CONFLICT THAT PERSON WILL RECUSE HIMSELF/HERSELF FROM ALL DISCUSSIONS AND/OR VOTE ON THE MATTER IN QUESTION.
FORM 990, PART VI, SECTION B, LINE 15SALARY AND BENEFITS ARE DETERMINED BASED UPON LOCAL MARKET COMPARISON FOR LIKE SCHOOLS AND EDUCATIONAL NON PROFITS. TOTAL COMPENSATION PACKAGES ARE APPROVED BY THE FULL BOARD. ALSO, THE SCHOOL DISTRICT REVIEWS AND AUDITS THE ORAGANIZATION'S BUDGET, INCLUDING THE REASONABLENESS OF SALARIES. SALARY DISCUSSIONS ARE MADE IN EXECUTIVE SESSION AND RESULTS ARE DOCUMENTED IN BOARD MINUTES.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST.
FORM 990, PART XII, LINE 2C:THE BOARD OF DIRECTORS OVERSEES THE AUDIT PROCESS AND THE PROCESS DID NOT CHANGE DURING THE CURRENT YEAR.

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