BETA

EAST POINT ACADEMY: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
EAST POINT ACADEMY (EIN 26-4384008)
Tax period
2019-07-01 to 2020-06-30
Filed
2021-05-17
IRS object ID
202131379349310313
Schema version
2019v5.2
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-05-17T18:46:17-05:00ReturnTs
Tax Period End2020-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN580692043PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MAULDIN & JENKINS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1508 HAMPTON STREETAddressLine1Txt
CityCOLUMBIACityNm
State AbbreviationSCStateAbbreviationCd
ZIP29201ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN264384008EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EAST POINT ACADEMY OF SOUTH CAROLINABusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlEASTBusinessNameControlTxt
Phone8037394992PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11043 CHRIS DRIVEAddressLine1Txt
CityWEST COLUMBIACityNm
State AbbreviationSCStateAbbreviationCd
ZIP29169ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMS JOAN HOFFMANPersonNm
Person TitleCHAIRPersonTitleTxt
Phone8037394992PhoneNum
Signature2021-05-17SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTIM LYONS CPAPreparerPersonNm
PTINP01365694PTIN
Phone8037995810PhoneNum
Preparation2021-05-17PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMS JOAN HOFFMANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11043 CHRIS DRIVEAddressLine1Txt
CityWEST COLUMBIACityNm
State AbbreviationSCStateAbbreviationCd
ZIP29169ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$7,628,654GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.EASTPOINTSC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2009FormationYr
Legal Domicile StateSCLegalDomicileStateCd
Activity Or MissionTO 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 Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee149TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$6,822,841PYContributionsGrantsAmt
CY Contributions Grants$6,775,362CYContributionsGrantsAmt
PY Program Service Revenue$562,873PYProgramServiceRevenueAmt
CY Program Service Revenue$667,535CYProgramServiceRevenueAmt
PY Investment Income$88,175PYInvestmentIncomeAmt
CY Investment Income$21,093CYInvestmentIncomeAmt
PY Other Revenue$192,103PYOtherRevenueAmt
CY Other Revenue$163,244CYOtherRevenueAmt
PY Total Revenue$7,665,992PYTotalRevenueAmt
CY Total Revenue$7,627,234CYTotalRevenueAmt
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$4,469,554PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$4,755,019CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$3,566,583PYOtherExpensesAmt
CY Other Expenses$3,344,505CYOtherExpensesAmt
PY Total Expenses$8,036,137PYTotalExpensesAmt
CY Total Expenses$8,099,524CYTotalExpensesAmt
PY Revenues Less Expenses-$370,145PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$472,290CYRevenuesLessExpensesAmt
Total Assets BOY$30,247,296TotalAssetsBOYAmt
Total Assets EOY$30,500,231TotalAssetsEOYAmt
Total Liabilities BOY$30,208,061TotalLiabilitiesBOYAmt
Total Liabilities EOY$30,933,286TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$39,235NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$433,055NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionEAST 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 Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,859,714ExpenseAmt
Revenue$739,576RevenueAmt
DescEAST 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. THIS YEAR, WE ARE BUILDING A NEW STATE-OF-THE-ART ELEMENTARY SCHOOL AND RENOVATING OUR CURRENT BUILDING AS A MIDDLE SCHOOL. IT'S AN EXCITING TIME AT EPA, AS WE EXPAND AND ENHANCE ALL ASPECTS OF OUR SCHOOL.Desc
Total Program Service Expenses$4,859,714TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
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 ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
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 Document1IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee149EmployeeCnt
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
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 Enfrc0RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PRESTIGE SCHOOL SOLUTIONSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8284291469PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1925B PEACHTREE ST NE 514AddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30309ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtInstitutional TrusteeInstitutionalTrusteeIndOfficerOfficerInd
DAVID CHAO
BOARD MEMBER1.00Yes (X)$0$0$0
SHELBY LEONARDI
BOARD MEMBER1.00Yes (X)$0$0$0
DR YANG WANG
BOARD MEMBER1.00Yes (X)$0$0$0
ALICE O'CONNOR
TREASURER1.00Yes (X)$0$0$0
WENDY EARLY
BOARD SECRETARY1.00$0$0$0Yes (X)
DR MIEKE PEREZ
BOARD MEMBER1.00$0$0$0Yes (X)
ALAN BUCK
VICE CHAIR1.00$0$0$0Yes (X)
LISA COLE
MEMBER AT LARGE1.00$0$0$0Yes (X)
LORA PRILL
BOARD CHAIR1.00$0$0$0Yes (X)
MARK A BOUNDS
HEAD OF SCHOOL40.00$115,733$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$115,733TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CARTWELLS SCHOOL DINING SERVICESBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line17092 B HOWARD STREETAddressLine1Txt
CitySPARTANBURGCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29303ZIPCd
FieldValueIRS element (for citing)
ServicesFOOD SERVICEServicesDesc
Compensation$198,453CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Fundraising$3,020FundraisingAmt
Government Grants$6,678,780GovernmentGrantsAmt
All Other Contributions$93,562AllOtherContributionsAmt
Total Contributions$6,775,362TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
INSTRUCTOR AND STUDENT611110$224,088$224,088
STUDENT MEALS611110$211,963$211,963
AFTERSCHOOL CARE611110$151,022$151,022
FIELD TRIPS611110$52,137$52,137
SUMMER CAMP611110$16,537$16,537

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,788TotalRevenueColumnAmt
Related Or Exempt Func Income$11,788RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$667,535TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$21,093TotalRevenueColumnAmt
Exclusion$21,093ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$16,173RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$16,173RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$16,173TotalRevenueColumnAmt
Related Or Exempt Func Income$16,173RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$92,623FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$3,020ContriRptFundraisingEventAmt
Fundraising Direct Expenses$1,420FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$91,203TotalRevenueColumnAmt
Exclusion$91,203ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business611110BusinessCd
Total Revenue Column$55,868TotalRevenueColumnAmt
Related Or Exempt Func Income$55,868RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$55,868OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,627,234TotalRevenueColumnAmt
Related Or Exempt Func Income$739,576RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$112,296ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$115,733TotalAmt
Program Services$69,440ProgramServicesAmt
Management And General$46,293ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,743,148TotalAmt
Program Services$2,245,889ProgramServicesAmt
Management And General$1,497,259ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$586,254TotalAmt
Program Services$351,752ProgramServicesAmt
Management And General$234,502ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$309,884TotalAmt
Program Services$185,930ProgramServicesAmt
Management And General$123,954ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$93,263TotalAmt
Program Services$55,958ProgramServicesAmt
Management And General$37,305ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$20,000TotalAmt
Program Services$12,000ProgramServicesAmt
Management And General$8,000ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$43,956TotalAmt
Program Services$26,374ProgramServicesAmt
Management And General$17,582ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$57,724TotalAmt
Program Services$34,634ProgramServicesAmt
Management And General$23,090ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$364,521TotalAmt
Program Services$218,713ProgramServicesAmt
Management And General$145,808ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,115,205TotalAmt
Program Services$669,123ProgramServicesAmt
Management And General$446,082ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$5,427TotalAmt
Program Services$3,256ProgramServicesAmt
Management And General$2,171ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$688,260TotalAmt
Program Services$412,956ProgramServicesAmt
Management And General$275,304ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$17,639TotalAmt
Program Services$10,583ProgramServicesAmt
Management And General$7,056ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
SUPPLIES$357,588$214,553$143,035
FOOD SERVICES$178,769$107,261$71,508
DISTRICT FEE$122,109$73,265$48,844
FISCAL SERVICES$96,121$57,673$38,448

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$183,923TotalAmt
Program Services$110,354ProgramServicesAmt
Management And General$73,569ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$8,099,524TotalAmt
Program Services$4,859,714ProgramServicesAmt
Management And General$3,239,810ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$435,728BOYAmt
EOY$886,879EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,978,247BOYAmt
EOY$2,730,768EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$34,451BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$19,971BOYAmt
EOY$9,305EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$28,464,260LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,947,217LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$27,044,845BOYAmt
EOY$26,517,043EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$734,054BOYAmt
EOY$356,236EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$30,247,296BOYAmt
EOY$30,500,231EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$388,465BOYAmt
EOY$432,128EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$209,494BOYAmt
EOY$134,636EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$29,370,772BOYAmt
EOY$29,307,340EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$239,330BOYAmt
EOY$1,059,182EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$30,208,061BOYAmt
EOY$30,933,286EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$39,235BOYAmt
EOY-$433,055EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$39,235BOYAmt
EOY-$433,055EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$30,247,296BOYAmt
EOY$30,500,231EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$472,290ReconcilationRevenueExpnssAmt
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 CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)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$1,918,916OtherCostOrOtherBasisAmt
Book Value$1,918,916BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$26,153,885OtherCostOrOtherBasisAmt
Depreciation$1,667,161DepreciationAmt
Book Value$24,486,724BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$391,459OtherCostOrOtherBasisAmt
Depreciation$280,056DepreciationAmt
Book Value$111,403BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$26,517,043TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
DUE TO SC DEPARTMENT OF EDUCATION$12,422
PAYROLL LIABILITIES$276,760
PPP LOAN$770,000
FieldValueIRS element (for citing)
Total Liability$1,059,182TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$7,482,895TotalRevEtcAuditedFinclStmtAmt
Other Revenue$1,420OtherRevenueAmt
Revenue Not Reported$1,420RevenueNotReportedAmt
Revenue Subtotal$7,481,475RevenueSubtotalAmt
Other Revenues Not Included$145,759OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$145,759RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$7,627,234TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$7,955,184TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$1,420OtherExpensesIncludedAmt
Expenses Not Reported$1,420ExpensesNotReportedAmt
Expenses Subtotal$7,953,764ExpensesSubtotalAmt
Other Expenses Not Included$145,760OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$145,760ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$8,099,524TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE CORPORATION'S FINANCIAL STATEMENTS DO NOT REFLECT ANY UNCERTAIN TAX POSITIONS UNDER FIN 48.
PART XI, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING EXPENSE NET AGAINST REVENUES 1,420.
PART XI, LINE 4B - OTHER ADJUSTMENTS:RECLASSED ITEMS FROM EXPENSE TO REVENUE FOR TAX RETURN PRESENTATION 145,759.
PART XII, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING EXPENSE NET AGAINST REVENUES 1,420.
PART XII, LINE 4B - OTHER ADJUSTMENTS:RECLASSED ITEMS FROM REVENUE TO EXPENSE FOR TAX RETURN PRESENTATION 145,760.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc0PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media0PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
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 Rcvd0GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1ANNUAL FUND FESTIVALEvent1Nm
Gross Receipts Event1$79,643GrossReceiptsEvent1Amt
Charitable Contri Event1$3,020CharitableContriEvent1Amt
Gross Revenue Event1$76,623GrossRevenueEvent1Amt
Other Direct Expenses Event1$1,420OtherDirectExpensesEvent1Amt
Event2USC CULTURAL ENGAGEMENTEvent2Nm
Gross Receipts Event2$16,000GrossReceiptsEvent2Amt
Gross Revenue Event2$16,000GrossRevenueEvent2Amt
Gross Receipts Total$95,643GrossReceiptsTotalAmt
Charitable Contributions Tot$3,020CharitableContributionsTotAmt
Gross Revenue Total Events$92,623GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$1,420OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$1,420DirectExpenseSummaryEventsAmt
Net Income Summary$91,203NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 1EAST 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 WERE RANKED IN THE TOP 4% OF ALL SCHOOLS IN AMERICA. 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 TEN CARNEGIE UNIT CREDITS INCLUDING UP TO FOUR IN CHINESE. WE ARE EXCITED TO BE ADDING A SPANISH TRACK TO THE MIDDLE CAMPUS NEXT YEAR. EPA HAS A FULL COMPLEMENT OF EXTRACURRICULAR PROGRAMS. OUR ATHLETIC OPPORTUNITIES INCLUDE COMPETITION ARCHERY 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 AND MORE. OUR STUDENT LEADERSHIP PROGRAMS INCLUDE: GIRLS WITH PEARLS, BOYS TO MEN 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. 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. 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 11BTHE BOARD CHAIRMAN AND DIRECTOR/PRINCIPAL REVIEW FORM 990 BEFORE IT IS FILED.
FORM 990, PART VI, SECTION B, LINE 15AGOALS 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 19GOVERNING 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.

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