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CHARLESTON COLLEGIATE SCHOOL: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
CHARLESTON COLLEGIATE SCHOOL (EIN 57-0524957)
Tax period
2019-07-01 to 2020-06-30
Filed
2021-03-25
IRS object ID
202130849349301618
Schema version
2019v5.0
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)
Return2021-03-25T15:30:05-05:00ReturnTs
Tax Period End2020-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN205788602PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GLASER AND COMPANY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11859 SUMMERVILLE AVE STE 800AddressLine1Txt
CityCHARLESTONCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29405ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN570524957EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CHARLESTON COLLEGIATE SCHOOLBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCHARBusinessNameControlTxt
Phone8435595506PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12024 ACADEMY DRIVEAddressLine1Txt
CityJOHNS ISLANDCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29455ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDR BOB VETOPersonNm
Person TitleHEAD OF SCHOOLPersonTitleTxt
Phone8435595506PhoneNum
Signature2021-03-25SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonERIK M GLASER CPAPreparerPersonNm
PTINP00724565PTIN
Phone8438490179PhoneNum
Preparation2021-03-25PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDR BOB VETOPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12024 ACADEMY DRIVEAddressLine1Txt
CityJOHNS ISLANDCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29455ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$7,983,181GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.CHARLESTONCOLLEGIATE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1970FormationYr
Legal Domicile StateSCLegalDomicileStateCd
Activity Or MissionCHARLESTON COLLEGIATE SCHOOLS MISSION IS TO INSPIRE STUDENTS TO BECOME PASSIONATE, LIFELONG LEARNERS BY EMPOWERING THEM WITH KNOWLEDGE, CREATIVITY, CURIOSITY AND CONFIDENCE TO MINDFULLY (CONT. ON SCHEDULE O).ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee75TotalEmployeeCnt
Total Volunteers25TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$2,187,661PYContributionsGrantsAmt
CY Contributions Grants$2,620,986CYContributionsGrantsAmt
PY Program Service Revenue$4,694,493PYProgramServiceRevenueAmt
CY Program Service Revenue$5,220,990CYProgramServiceRevenueAmt
PY Investment Income$32PYInvestmentIncomeAmt
CY Investment Income$2,196CYInvestmentIncomeAmt
PY Other Revenue$11,765PYOtherRevenueAmt
CY Other Revenue$139,009CYOtherRevenueAmt
PY Total Revenue$6,893,951PYTotalRevenueAmt
CY Total Revenue$7,983,181CYTotalRevenueAmt
PY Grants And Similar Paid$1,211,723PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,558,445CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,042,755PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,677,571CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$142,940CYTotalFundraisingExpenseAmt
PY Other Expenses$2,391,165PYOtherExpensesAmt
CY Other Expenses$1,343,676CYOtherExpensesAmt
PY Total Expenses$6,645,643PYTotalExpensesAmt
CY Total Expenses$5,579,692CYTotalExpensesAmt
PY Revenues Less Expenses$248,308PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,403,489CYRevenuesLessExpensesAmt
Total Assets BOY$1,291,767TotalAssetsBOYAmt
Total Assets EOY$3,214,946TotalAssetsEOYAmt
Total Liabilities BOY$4,903,854TotalLiabilitiesBOYAmt
Total Liabilities EOY$4,792,431TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$3,612,087NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$1,577,485NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionCHARLESTON COLLEGIATE SCHOOLS MISSION IS TO INSPIRE STUDENTS TO BECOME PASSIONATE, LIFELONG LEARNERS BY EMPOWERING THEM WITH KNOWLEDGE, CREATIVITY, CURIOSITY AND CONFIDENCE TO MINDFULLY EMBRACE THE OPPORTUNITIES OF TOMORROW.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$4,938,573ExpenseAmt
Grant$1,558,445GrantAmt
Revenue$5,220,990RevenueAmt
DescCHARLESTON COLLEGIATE SCHOOL IS A CO-EDUCATIONAL, NONSECTARIAN, PRESCHOOL THROUGH 12TH GRADE, INDEPENDENT SCHOOL IN THE METROPOLITAN AREA AND IS FULLY ACCREDITED. IT IS ORGANIZED AS A LOWER SCHOOL (PS-4), MIDDLE SCHOOL (5-8), AND UPPER SCHOOL (9-12). LOCATED ONLY TWENTY MINUTES FROM CHARLESTON'S HISTORIC DISTRICT ON ONE SIDE AND KIAWAH ISLAND ON THE OTHER, THE SCHOOL STANDS IN THE MIDDLE OF THE RURAL BEAUTY OF JOHNS ISLAND. ORIGINALLY CALLED SEA ISLAND ACADEMY, THE SCHOOL WAS FOUNDED IN 1970 TO SERVE LOCAL FAMILIES WHO VALUED QUALITY EDUCATION. NESTLED UNDER GRAND, MOSS-LADEN LIVE OAKS, CHARLESTON COLLEGIATE SCHOOL OFFERS A THIRTY-ACRE CAMPUS OF VAST PLAYING (CONTINUED ON SCH. O).Desc
Total Program Service Expenses$4,938,573TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document43IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee75EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonPUSHPAL M HARRIOTTPersonNm
Phone8435595506PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12024 ACADEMY DRIVEAddressLine1Txt
CityJOHNS ISLANDCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29455ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
DOUG VAN SCOY
CHAIR5.00Yes (X)Yes (X)$0$0$0
CRAYTON WALTERS
TREASURER2.00Yes (X)Yes (X)$0$0$0
GLENDA LARUE
SECRETARY2.00Yes (X)$0$0$0
AMANDA HORN
BOARD MEMBER2.00Yes (X)$0$0$0
SCOTT FARFONE
BOARD MEMBER2.00Yes (X)$0$0$0
ARTHUR SWANSON
BOARD MEMBER2.00Yes (X)$0$0$0
VIRGINIA HILLS
BOARD MEMBER2.00Yes (X)$0$0$0
RUSSELL GUERARD
BOARD MEMBER2.00Yes (X)$0$0$0
ROBERT CONNOR
BOARD MEMBER2.00Yes (X)$0$0$0
KELLI PARKER
BOARD MEMBER2.00Yes (X)$0$0$0
DR BOB VETO
HEAD OF SCHO50.00Yes (X)$0$0$0
HARDWICK BURR
FMR HEAD OF40.00Yes (X)$48,470$0$0
PUSHPAL M HARRIOTT
DIR. OF FIN.50.00Yes (X)$64,493$0$1,720
FieldValueIRS element (for citing)
Total Reportable Comp From Org$112,963TotalReportableCompFromOrgAmt
Total Other Compensation$1,720TotalOtherCompensationAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$2,620,986AllOtherContributionsAmt
Total Contributions$2,620,986TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION REVENUE611600$5,203,237$5,203,237
ATHLETIC FEES611600$17,753$17,753
FieldValueIRS element (for citing)
Total Program Service Revenue$5,220,990TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,196TotalRevenueColumnAmt
Exclusion$2,196ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
OTHER INCOME611600$138,674$138,674
BOOSTER AND PTO611600$335$335
FieldValueIRS element (for citing)
Other Revenue Total$139,009OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,983,181TotalRevenueColumnAmt
Related Or Exempt Func Income$5,359,999RelatedOrExemptFuncIncomeAmt
Exclusion$2,196ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$1,558,445TotalAmt
Program Services$1,558,445ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,323,583TotalAmt
Program Services$1,965,660ProgramServicesAmt
Management And General$252,586ManagementAndGeneralAmt
Fundraising$105,337FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$44,847TotalAmt
Program Services$37,939ProgramServicesAmt
Management And General$4,875ManagementAndGeneralAmt
Fundraising$2,033FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$115,848TotalAmt
Program Services$98,003ProgramServicesAmt
Management And General$12,593ManagementAndGeneralAmt
Fundraising$5,252FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$193,293TotalAmt
Program Services$163,518ProgramServicesAmt
Management And General$21,012ManagementAndGeneralAmt
Fundraising$8,763FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$37,947TotalAmt
Management And General$37,947ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$6,738TotalAmt
Management And General$6,738ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$32,676TotalAmt
Program Services$27,643ProgramServicesAmt
Management And General$3,552ManagementAndGeneralAmt
Fundraising$1,481FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,522TotalAmt
Program Services$2,522ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$52,725TotalAmt
Program Services$34,271ProgramServicesAmt
Management And General$13,181ManagementAndGeneralAmt
Fundraising$5,273FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$105,252TotalAmt
Program Services$68,765ProgramServicesAmt
Management And General$24,659ManagementAndGeneralAmt
Fundraising$11,828FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$461,856TotalAmt
Program Services$449,774ProgramServicesAmt
Management And General$9,884ManagementAndGeneralAmt
Fundraising$2,198FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$42,160TotalAmt
Program Services$42,160ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$123,570TotalAmt
Program Services$18,536ProgramServicesAmt
Management And General$105,034ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$62,350TotalAmt
Program Services$60,792ProgramServicesAmt
Management And General$1,247ManagementAndGeneralAmt
Fundraising$311FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$97,690TotalAmt
Program Services$95,135ProgramServicesAmt
Management And General$2,091ManagementAndGeneralAmt
Fundraising$464FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
LUNCH PROGRAM$197,688$197,688
ACADEMIC SUPPLIES$90,794$90,794
DUES AND SUBSCRIPTIONS$19,900$17,120$2,780
ATHLETIC SUPPLIES$9,808$9,808

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,579,692TotalAmt
Program Services$4,938,573ProgramServicesAmt
Management And General$498,179ManagementAndGeneralAmt
Fundraising$142,940FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$368,461BOYAmt
EOY$373,607EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$82,505BOYAmt
EOY$930,763EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$66,542BOYAmt
EOY$78,440EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$37,065BOYAmt
EOY$46,119EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,415,670LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$740,827LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$737,194BOYAmt
EOY$674,843EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
EOY$1,111,174EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,291,767BOYAmt
EOY$3,214,946EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,047,330BOYAmt
EOY$477,946EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$784,158BOYAmt
EOY$653,806EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,750,000BOYAmt
EOY$1,750,000EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$1,322,366BOYAmt
EOY$1,910,679EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,903,854BOYAmt
EOY$4,792,431EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$4,173,472BOYAmt
EOY-$3,447,330EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$561,385BOYAmt
EOY$1,869,845EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$3,612,087BOYAmt
EOY-$1,577,485EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,291,767BOYAmt
EOY$3,214,946EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$2,403,489ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$309,013PriorPeriodAdjustmentsAmt
Other Changes In Net Assets-$59,874OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$57,920OtherCostOrOtherBasisAmt
Book Value$57,920BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$511,666OtherCostOrOtherBasisAmt
Depreciation$174,380DepreciationAmt
Book Value$337,286BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$846,084OtherCostOrOtherBasisAmt
Depreciation$566,447DepreciationAmt
Book Value$279,637BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$674,843TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
BENEFICIAL INTEREST IN TRUST$1,110,668
LOAN COSTS, NET OF AMORTIZATION$506
FieldValueIRS element (for citing)
Total Book Value Other Assets$1,111,174TotalBookValueOtherAssetsAmt
Total Rev Etc Audited Fincl Stmt$6,424,736TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$6,424,736RevenueSubtotalAmt
Other Revenues Not Included$1,558,445OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$1,558,445RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$7,983,181TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$4,081,121TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$59,874OtherExpensesIncludedAmt
Expenses Not Reported$59,874ExpensesNotReportedAmt
Expenses Subtotal$4,021,247ExpensesSubtotalAmt
Other Expenses Not Included$1,558,445OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$1,558,445ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$5,579,692TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PAGE 4, PART XI, LINE 4BSCHOLARSHIPS 1,558,445
SCHEDULE D, PAGE 4, PART XII, LINE 2DBAD DEBTS 59,874
SCHEDULE D, PAGE 4, PART XII, LINE 4BSCHOLARSHIPS 1,558,445

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
SCHOLARSHIPS35$519,381
FINANCIAL AID114$836,207
TUITION REMISSION30$202,857

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PAGE 1, PART I, LINE 2FormAndLineReferenceDesc
ExplanationCHARLESTON COLLEGIATE SCHOOL OFFERS A LIMITED AMOUNT OF NEED-BASED, PRIVATELY FUNDED SCHOLARSHIPS WHICH PROVIDE TUITION ASSISTANCE TO QUALIFIED CCS STUDENTS. THESE SCHOLARSHIP FUNDS ARE MADE POSSIBLE BY GENEROUS DONORS TO CHARLESTON COLLEGIATE SCHOOL. SCHOLARSHIP STUDENTS MUST QUALIFY FOR FINANCIAL ASSISTANCE AND MUST MAINTAIN A MINIMUM 3.0 GPA. FUNDED SCHOLARSHIPS HELP SUPPLEMENT THE UNFUNDED SCHOLARSHIP PROGRAM. FUNDED SCHOLARSHIP ARE AWARDED TO STUDENTS THAT UPHOLD THE HIGHEST STANDARD OF CONDUCT ON AND OFF CAMPUS, MAINTAIN HIGH ACADEMIC ACHIEVEMENT, STAY INVOLVED IN SCHOOL ACTIVITIES AND SET A GOOD EXAMPLE FOR OTHER STUDENTS.ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1SOUTH CAROLINA ECONOMIC DEVELOPMENTBusinessNameLine1Txt
FieldValueIRS element (for citing)
CUSIP146758000CUSIPNum
Bond Issued2011-05-04BondIssuedDt
Issue Price$1,750,000IssuePriceAmt
PurposeCHARLESTON COLLEGIATE SCHOOL PROJECTPurposeDesc
DefeasedfalseDefeasedInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Pool FinancingfalsePoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Substantial Completion2011SubstantialCompletionYr
Refunding Tax Exempt BondsfalseRefundingTaxExemptBondsInd
Refunding Taxable BondsfalseRefundingTaxableBondsInd
Final Allocation MadeYes (true)FinalAllocationMadeInd
Adequate Books And Rec MaintYes (true)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed PropertyfalseOwningBondFinancedPropertyInd
Any Lease ArrangementsfalseAnyLeaseArrangementsInd
Mgmt Contract Bond Fincd PropfalseMgmtContractBondFincdPropInd
Any Research AgreementsfalseAnyResearchAgreementsInd
Bond Iss Meet Prvt Sec Pymt TestfalseBondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed PropfalseChangeInUseBondFinancedPropInd
Procs Nonqualified Bond RemdtdfalseProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T FiledfalseForm8038TFiledInd
Rebate Not Due YetfalseRebateNotDueYetInd
Exception To RebatefalseExceptionToRebateInd
No Rebate DuefalseNoRebateDueInd
Variable Rate IssuefalseVariableRateIssueInd
Hedge Identified In Bks And RecfalseHedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GICfalseGrossProceedsInvestedInGICInd
Gross Proceeds InvestedfalseGrossProceedsInvestedInd
Written Proc To Monitor ReqsfalseWrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective ActionfalseProceduresCorrectiveActionInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePURPOSE OF ISSUE DESCRIPTIONFormAndLineReferenceDesc
ExplanationSOUTH CAROLINA ECONOMIC DEVELOPMENT CHARLESTON COLLEGIATE SCHOOL PROJECTExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONCHARLESTON COLLEGIATE SCHOOLS MISSION IS TO INSPIRE STUDENTS TO BECOME PASSIONATE, LIFELONG LEARNERS BY EMPOWERING THEM WITH KNOWLEDGE, CREATIVITY, CURIOSITY AND CONFIDENCE TO MINDFULLY EMBRACE THE OPPORTUNITIES OF TOMORROW.
FORM 990CONTINUED FROM PAGE 1, PART I, LINE 1: EMBRACE THE OPPORTUNITIES OF TOMORROW.
FORM 990, PART IIICONTINUED FROM PAGE 2, PART III, LINE 4A: FIELDS AND WOODED TRAILS. THE CHARLESTON COLLEGIATE ENVIRONMENT VALUES CREATIVITY, COMPASSION FOR OTHERS, A PASSION FOR LEARNING, AND VIBRANT DIVERSITY. CHARLESTON COLLEGIATE SCHOOL IS ACCREDITED BY THE SOUTHERN ASSOCIATION OF INDEPENDENT SCHOOLS (SAIS) AND THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS (SACS). THE SCHOOL AND ITS FACULTY ARE MEMBERS OF: COALITION OF ESSENTIAL SCHOOLS (CES) EDUCATIONAL RECORDS BUREAU (ERB) NATIONAL ASSOCIATION FOR COLLEGE ADMISSION COUNSELING (NACAC) NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS) PALMETTO ASSOCIATION OF INDEPENDENT SCHOOLS (PAIS) SOUTH CAROLINA INDEPENDENT SCHOOL ASSOCIATION (SCISA) SOUTHERN ASSOCIATION FOR COLLEGE ADMISSION COUNSELING (SACAC) SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS (SACS) SOUTHERN ASSOCIATION OF INDEPENDENT SCHOOLS (SAIS) TRI-COUNTY ADMISSIONS COUNCIL (TCAC) PROJECT-BASED LEARNING AT CCS IN A NORMAL DAY AT CHARLESTON COLLEGIATE SCHOOL, STUDENTS WILL EXPLORE REAL-WORLD PROBLEMS AND CHALLENGES USING CREATIVE THINKING, NON-ROUTINE PROBLEM SOLVING SKILLS, AND TEAMWORK. FROM A SECOND GRADE STUDENT WRITING BUSINESS PROPOSALS FOR SELLING THEIR GARDEN PRODUCE AT THE LOCAL FARMERS MARKET, DONATING THEIR EARNINGS TO A LOCAL NON-PROFIT, TO A HIGH SCHOOL SOPHOMORE TACKLING THE ESSENTIAL QUESTION OF HOW A LANGSTON HUGHES POEM CONNECTS TO HIS OWN LIFE AND PERSPECTIVE OF THE WORLD, OUR STUDENTS ARE CREATING A DEEPER AND MORE MEANINGFUL UNDERSTANDING OF THE SUBJECT MATTER AND THE WORLD AROUND THEM. ONE OF THE MOST PROMISING TRENDS IN EDUCATION TODAY IS KNOWN AS PROJECT BASED LEARNING. THIS APPROACH MAINTAINS ACADEMIC RIGOR WHILE ALSO FOCUSING ON HIGH LEVELS OF STUDENT ENGAGEMENT AND DEEPER LEARNING CONCEPTS. THIS METHODOLOGY CHALLENGES THE TRADITIONAL NOTION OF HOW MATERIAL IS PRESENTED AND CHALLENGES HOW WE KNOW IF STUDENTS HAVE LEARNED THE MATERIAL. INSTEAD OF A TEACHER RUSHING TO TRY AND COVER MULTIPLE TOPICS, LEADING TO POOR RETENTION RATES, TEACHERS USING A PROJECT-BASED LEARNING APPROACH FOCUS ON STUDENTS MASTERY OF THE MOST IMPORTANT TOPICS. BY SPENDING MORE TIME ON CAREFULLY SELECTED TOPICS, TEACHERS CAN ALLOW STUDENTS GREATER CHOICE AND GIVE THEM THE OPPORTUNITY TO PRACTICE ADDITIONAL SKILLS LIKE COLLABORATION AND PRESENTATIONS SKILLS. OUTDOOR EDUCATION THE OUTDOOR EDUCATION PILLAR AT CCS STRIVES TO PROVIDE STUDENTS WITH HANDS-ON OPPORTUNITIES TO LEARN RISK MANAGEMENT CONCEPTS, EFFECTIVE COMMUNICATION SKILLS, GROUP DYNAMICS, AND SURVIVAL SKILLS IN AN OUTDOOR CLASSROOM SETTING. COURSES IN THESE AREAS ARE DESIGNED TO ENHANCE HOW STUDENTS COLLABORATE SOCIALLY AND IN OTHER AREAS OF ACADEMICS THROUGHOUT THEIR DAILY LIVES. CHARLESTON COLLEGIATE SCHOOLS OUTDOOR EDUCATION PROGRAM SERVES STUDENTS OF ALL GRADE LEVELS AND AIMS TO INCREASE AWARENESS OF HOW WE IMPACT ONE ANOTHERS LIVES AND THE EFFECT WE HAVE ON OUR ENVIRONMENT. THE IMMEDIATE GOALS OF THIS PROGRAM ARE RECONNECTING PEOPLE WITH THEIR NATURAL SURROUNDINGS AND WITH ONE ANOTHER, WHILE CULTIVATING "SOFT SKILLS" SUCH AS CONFIDENCE, LEADERSHIP, COMMUNICATION AND COLLABORATION. THESE GOALS ARE ACCOMPLISHED THROUGH AN EXPERIENTIAL AND HANDS-ON APPROACH TO LEARNING, UTILIZING ELEMENTS IN OUR LOW/HIGH ROPES COURSE AND NATURE TRAILS, ALONG WITH ACTIVITIES INVOLVING OUR OBSERVATION BEE HIVE. STUDENTS ACQUIRE KNOWLEDGE THROUGH PARTICIPATION, DISCUSSION, QUESTIONING, AND IMMERSION IN THE TOPICS BEING COVERED.
FORM 990, PAGE 6, PART VI, LINE 11BTHE FORM 990 IS PROVIDED FOR A COMMENT PERIOD TO THE BOARD. ONCE THE COMMENT PERIOD IS COMPLETE AND ANY QUESTIONS ARE ADDRESSED, THE FORM 990 IS FILED.
FORM 990, PAGE 6, PART VI, LINE 12CMEMBERS OF THE BOARD ARE REQUIRED TO SIGN OFF ANNUALLY AND DISCLOSURE ANY CONFLICTS. FURTHER, THE BOARD ENCOURAGES EACH MEMBER TO UPDATE FOR ANY CHANGES IN SUCH POSITION DURING THE YEAR.
FORM 990, PAGE 6, PART VI, LINE 15ATHE COMPENSATION OF THE HEAD OF SCHOOL IS EVALUATED ANNUALLY AS PART OF THE BUDGET PROCESS BY THE BOARD OF DIRECTORS AND RELATED COMMITTEES.
FORM 990, PAGE 6, PART VI, LINE 19THE GOVERNING DOCUMENTS OF THE ORGANIZATION ARE MADE AVAILABLE UPON REQUEST AT THE SCHOOL'S MAIN OFFICE.
FORM 990, PART XI, LINE 9INCREASE IN RESERVE FOR BAD DEBTS -59,874 PRIOR PERIOD ADJUSTMENTS TIED TO 2018-2019 AUDIT OF FINANICIAL STATEMENTS COMPLETED AFTER ISSUANCE OF THE FORM 990.

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