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EAST POINT ACADEMY: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
EAST POINT ACADEMY (EIN 26-4384008)
Tax period
2017-07-01 to 2018-06-30
Filed
2019-05-13
IRS object ID
201921339349304117
Schema version
2017v2.3
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)
Return2019-05-13T12:23:10-05:00ReturnTs
Tax Period End2018-06-30TaxPeriodEndDt

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 Begin2017-07-01TaxPeriodBeginDt

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 Line11401 LEAPHART STREETAddressLine1Txt
CityWEST COLUMBIACityNm
State AbbreviationSCStateAbbreviationCd
ZIP29169ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMS JOAN HOFFMANPersonNm
Person TitleCHAIRPersonTitleTxt
Phone8037394992PhoneNum
Signature2019-05-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTIM MONAHAN CPAPreparerPersonNm
PTINP01365694PTIN
Phone8037995810PhoneNum
Preparation2019-05-08PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address50.192.51.169IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-05-10IPDt
IP Tm08:35:41IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdC339AA45A534F5449A932F97F23A0D5909263B42AtSubmissionCreationDeviceId
At Submission Filing Device IdD5C2B664B56E85465AAC085FD3BBE0E29067FFFEAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMS JOAN HOFFMANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11401 LEAPHART STREETAddressLine1Txt
CityWEST COLUMBIACityNm
State AbbreviationSCStateAbbreviationCd
ZIP29169ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,726,365GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.EASTPOINTSC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2009FormationYr
Legal Domicile StateSCLegalDomicileStateCd
Activity Or MissionSEE SCHEDULE 0ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee148TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$4,957,644PYContributionsGrantsAmt
CY Contributions Grants$5,158,899CYContributionsGrantsAmt
PY Program Service Revenue$362,947PYProgramServiceRevenueAmt
CY Program Service Revenue$322,641CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$106,668CYInvestmentIncomeAmt
PY Other Revenue$91,517PYOtherRevenueAmt
CY Other Revenue$137,572CYOtherRevenueAmt
PY Total Revenue$5,412,108PYTotalRevenueAmt
CY Total Revenue$5,725,780CYTotalRevenueAmt
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$3,452,966PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,808,467CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,219,803PYOtherExpensesAmt
CY Other Expenses$2,776,110CYOtherExpensesAmt
PY Total Expenses$5,672,769PYTotalExpensesAmt
CY Total Expenses$6,584,577CYTotalExpensesAmt
PY Revenues Less Expenses-$260,661PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$858,797CYRevenuesLessExpensesAmt
Total Assets BOY$25,770,838TotalAssetsBOYAmt
Total Assets EOY$28,774,943TotalAssetsEOYAmt
Total Liabilities BOY$24,502,661TotalLiabilitiesBOYAmt
Total Liabilities EOY$28,365,563TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,268,177NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$409,380NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO PREPARE STUDENTS FOR ACADEMIC AND PERSONAL SUCCESS THROUGHPROFICIENCY IN ENGLISH AND MANDARIN CHINESE, MATH, SCIENCE AND SOCIAL STUDIES WHILE LEARNING IN AN ATMOSPHERE THAT PROMOTES CULTURAL SHARING AND UNDERSTANDING.MissionDesc
Significant New Program SrvcYes (1)SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$5,267,662ExpenseAmt
Revenue$366,549RevenueAmt
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. HOME TO A "CONFUCIUS CLASSROOM," OUR STUDENTS ARE STEEPED IN THE MANDARIN LANGUAGE THROUGHOUT THE SCHOOL DAY. EPA HAS A FULL COMPLEMENT OF EXTRACURRICULAR AND ATHLETIC PROGRAMS WHICH CHALLENGE STUDENTS AND ENHANCE THE SCHOOL CULTURE AND STUDENT LEARNING. OUR STUDENTS ARE ALSO ENGAGED IN THE COMMUNITY, PARTICIPATING IN AND SPONSORING MANY EVENTS AND ACTIVITIES.Desc
Total Program Service Expenses$5,267,662TotalProgramServiceExpensesAmt
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
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
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 With Officer Ent0BusinessRlnWithOfficerEntInd
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 Document19IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee148EmployeeCnt
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
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 Policy0DocumentRetentionPolicyInd
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 Line1ANDREW HARTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8037394992PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11401 LEAPHART STREETAddressLine1Txt
CityWEST COLUMBIACityNm
State AbbreviationSCStateAbbreviationCd
ZIP29169ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
DR KEVIN LU
BOARD MEMBER1.00Yes (X)$0$0$0
JIMMY CHAO
BOARD MEMBER1.00Yes (X)$0$0$0
ALICE O'CONNER
BOARD MEMBER1.00Yes (X)$0$0$0
VANESSA MOTA
BOARD MEMBER1.00Yes (X)$0$0$0
JOAN HOFFMAN
BOARD CHAIR1.00$0$0$0Yes (X)
DR MIEKE PEREZ
BOARD CO-VICE CHAIR1.00$0$0$0Yes (X)
ALAN BUCK
TREASURER1.00$0$0$0Yes (X)
LISA COLE
OFFICER-AT-LARGE1.00$0$0$0Yes (X)
LORA PRILL
SECRETARY1.00$0$0$0Yes (X)
MARK BOUNDS
HEAD OF SCHOOL40.00$50,921$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$50,921TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
THOMPSON CONSTRUCTION GROUP INC
100 NORTH MAIN STREETSUMTERSC29150CONSTRUCTION$13,588,187
ECS SOUTHEAST LLP
14026 THUNDERBOLT PLACE SUITE 500CHANTILLYVA20151CONSTRUCTION$3,154,490
JCS
412 MEETING STREETWEST COLUMBIASC29169CONSTRUCTION$346,944
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt
Government Grants$5,130,392GovernmentGrantsAmt
All Other Contributions$28,507AllOtherContributionsAmt
Total Contributions$5,158,899TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
AFTERSCHOOL CARE611110$189,179$189,179
INSTRUCTOR AND STUDENT611110$82,035$82,035
SUMMER CAMP611110$17,563$17,563
STUDENT MEALS611110$13,738$13,738
FIELD TRIPS611110$13,481$13,481

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,645TotalRevenueColumnAmt
Related Or Exempt Func Income$6,645RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$322,641TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$106,668TotalRevenueColumnAmt
Exclusion$106,668ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$13,619RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$13,619RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$13,619TotalRevenueColumnAmt
Related Or Exempt Func Income$13,619RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$94,249FundraisingGrossIncomeAmt
Fundraising Direct Expenses$585FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$93,664TotalRevenueColumnAmt
Exclusion$93,664ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business611110BusinessCd
Total Revenue Column$30,289TotalRevenueColumnAmt
Related Or Exempt Func Income$30,289RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$30,289OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,725,780TotalRevenueColumnAmt
Related Or Exempt Func Income$366,549RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$200,332ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$100,000TotalAmt
Program Services$80,000ProgramServicesAmt
Management And General$20,000ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,000,796TotalAmt
Program Services$2,400,637ProgramServicesAmt
Management And General$600,159ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$444,243TotalAmt
Program Services$355,394ProgramServicesAmt
Management And General$88,849ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$263,428TotalAmt
Program Services$210,742ProgramServicesAmt
Management And General$52,686ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$88,926TotalAmt
Program Services$71,141ProgramServicesAmt
Management And General$17,785ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$17,550TotalAmt
Program Services$14,040ProgramServicesAmt
Management And General$3,510ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$39,841TotalAmt
Program Services$31,873ProgramServicesAmt
Management And General$7,968ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$13,687TotalAmt
Program Services$10,950ProgramServicesAmt
Management And General$2,737ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$949,072TotalAmt
Program Services$759,258ProgramServicesAmt
Management And General$189,814ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$755,765TotalAmt
Program Services$604,612ProgramServicesAmt
Management And General$151,153ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$5,917TotalAmt
Program Services$4,734ProgramServicesAmt
Management And General$1,183ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$281,091TotalAmt
Program Services$224,873ProgramServicesAmt
Management And General$56,218ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$6,132TotalAmt
Program Services$4,906ProgramServicesAmt
Management And General$1,226ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
SUPPLIES$171,488$137,190$34,298
FOOD SERVICES$119,095$95,276$23,819
FISCAL SERVICES$82,863$66,290$16,573
INSTRUCTIONAL SERVICES$63,389$50,711$12,678

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$181,294TotalAmt
Program Services$145,035ProgramServicesAmt
Management And General$36,259ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$6,584,577TotalAmt
Program Services$5,267,662ProgramServicesAmt
Management And General$1,316,915ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$545,469BOYAmt
EOY$574,423EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$17,880,112BOYAmt
EOY$7,020,083EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$35,002BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$51,567BOYAmt
EOY$16,763EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$6,346,389LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$627,153LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$6,242,680BOYAmt
EOY$5,719,236EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,016,008BOYAmt
EOY$15,444,438EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$25,770,838BOYAmt
EOY$28,774,943EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$66,778BOYAmt
EOY$3,703,136EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$158,057BOYAmt
EOY$151,581EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$24,047,200BOYAmt
EOY$24,231,270EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$230,626BOYAmt
EOY$279,576EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$24,502,661BOYAmt
EOY$28,365,563EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,268,177BOYAmt
EOY$409,380EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,268,177BOYAmt
EOY$409,380EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$25,770,838BOYAmt
EOY$28,774,943EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$858,797ReconcilationRevenueExpnssAmt
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

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$4,147,609OtherCostOrOtherBasisAmt
Depreciation$450,170DepreciationAmt
Book Value$3,697,439BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$279,864OtherCostOrOtherBasisAmt
Depreciation$176,983DepreciationAmt
Book Value$102,881BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$5,719,236TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
CONSTRUCTION IN PROGRESS$15,121,897
DUE TO (FROM) GOVERNMENT ACCOUNT$322,541
FieldValueIRS element (for citing)
Total Book Value Other Assets$15,444,438TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DUE TO SC DEPT OF EDUCATION$6,322
PAYROLL LIABILITIES$273,254
FieldValueIRS element (for citing)
Total Liability$279,576TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$5,669,001TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$215,731DonatedServicesAndUseFcltsAmt
Revenue Not Reported$215,731RevenueNotReportedAmt
Revenue Subtotal$5,453,270RevenueSubtotalAmt
Other Revenues Not Included$272,510OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$272,510RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$5,725,780TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$6,527,798TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$215,731DonatedServicesUseFcltsAmt
Expenses Not Reported$215,731ExpensesNotReportedAmt
Expenses Subtotal$6,312,067ExpensesSubtotalAmt
Other Expenses Not Included$272,510OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$272,510ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$6,584,577TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 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 4B - OTHER ADJUSTMENTS:RECLASSED ITEMS FROM EXPENSE TO REVENUE FOR TAX RETURN PRESENTATION 272,510.
PART XII, LINE 4B - OTHER ADJUSTMENTS:RECLASSED ITEMS FROM EXPENSE TO REVENUE FOR TAX RETURN PRESENTATION 272,510.

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 FUNDEvent1Nm
Gross Receipts Event1$83,649GrossReceiptsEvent1Amt
Gross Revenue Event1$83,649GrossRevenueEvent1Amt
Other Direct Expenses Event1$585OtherDirectExpensesEvent1Amt
Event2USC - CULTURAL ENGAGEMENTEvent2Nm
Gross Receipts Event2$10,600GrossReceiptsEvent2Amt
Gross Revenue Event2$10,600GrossRevenueEvent2Amt
Gross Receipts Total$94,249GrossReceiptsTotalAmt
Gross Revenue Total Events$94,249GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$585OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$585DirectExpenseSummaryEventsAmt
Net Income Summary$93,664NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART I, LINE 1:EAST POINT ACADEMY (EPA) IS HELPING ALL STUDENTS DEVELOP THE "WORLD CLASS SKILLS OF THE PROFILE OF THE SOUTH CAROLINA GRADUATE" BY CONTINUING ITS LEGACY OF EXCELLENCE IN ACADEMICS, LANGUAGE IMMERSION, THE ARTS, EXTRACURRICULAR ACTIVITIES AND COMMUNITY SERVICE. EAST POINT ACADEMY IS A GREAT PLACE FOR STUDENTS TO LEARN AND GROW. OUR PANDA CORE VALUES SHAPE OUR SCHOOL CULTURE WHICH CAN BE SUMMED UP IN FOUR WORDS "BE NICE, WORK HARD." STUDENTS, TEACHERS, PARENTS AND STAFF WORK TOGETHER TO MAKE EAST POINT ACADEMY A SCHOOL WHERE EVERY PERSON IS VALUED AND ENCOURAGED TO BE HIS OR HER BEST. SUPERIOR ACADEMICS ARE AT THE CENTER OF ALL DECISIONS AT EAST POINT ACADEMY. OUR STUDENTS EXCEL ON STATE ASSESSMENTS, SIGNIFICANTLY EXCEEDING THE STATE AVERAGE ON SC READY AND SC PASS. WE WERE NAMED A PALMETTO GOLD SCHOOL BY THE DEPARTMENT OF EDUCATION, A SCHOOL OF DISTINCTION BY THE SC PUBLIC CHARTER SCHOOL DISTRICT, NAMED THE BEST CHARTER OR PRIVATE SCHOOL BY THE FREE TIMES, THE BEST CHARTER SCHOOL BY THE STATE NEWSPAPER AND RATED "A" BY NICHE.COM. 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. WE ARE EXCITED THAT OUR DEPARTING 8TH GRADE STUDENTS ARE MATRICULATING TO HIGH SCHOOL WITH UP TO THREE CREDITS IN CHINESE. 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, CHORUS, AND STRINGS. OTHER EXTRACURRICULAR OPTIONS ARE BETA CLUB, MATH KANGAROO, STEM CLUB, HANDS ON SCIENCE, GARDENING CLUB, RECYCLING CLUB, CHINESE CONVERSATION CLUB, MEDIA CLUB AND CHESS CLUB. WE ALSO OFFER AFTERCARE AND SUMMER PROGRAMS TO ASSIST FAMILIES AND ENHANCE STUDENT SUCCESS. 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.
FORM 990, PART III, LINE 2THIS YEAR, WE OPENED OUR NEW ELEMENTARY CAMPUS AND COMPLETELY RENOVATED MIDDLE CAMPUS. THESE FACILITIES PROVIDE STATE OF THE ART INSTRUCTIONAL TECHNOLOGY AND SIGNIFICANTLY IMPROVED LEARNING SPACES FOR OUR STUDENTS. 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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