South Carolina Virtual Charter School

Organization Overview

South Carolina Virtual Charter School is located in West Columbia, SC. The organization was established in 2010. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2021, South Carolina Virtual Charter School employed 181 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Carolina Virtual Charter School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, South Carolina Virtual Charter School generated $37.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $33.6m during the year ending 06/2021. While expenses have increased by 5.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

USES THE K12 CURRICULUM TO OFFER SOUTH CAROLINA STUDENTS IN GRADES K-12 AN EXCEPTIONAL LEARNING EXPERIENCE WITH INDIVIDUALIZED LEARNING APPROACHES, THE SOUTH CAROLINA VIRTUAL CHARTER SCHOOL AND K12 PROVIDE THE TOOLS KIDS NEED TO SUCCEED- IN SCHOOL AND BEYOND

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE SOUTH CAROLINA VIRTUAL CHARTER SCHOOL IS A STATEWIDE PUBLIC CHARTER SCHOOL SERVING STUDENTS IN GRADES KINDERGARTEN THROUGH 12TH GRADE (ELEMENTARY AND SECONDARY). THE SCHOOL BEARS THE SAME RESPONSIBILITIES AND OBLIGATIONS AS ANY OTHER CHARTER SCHOOLS IN THE STATE INCLUDING PROVIDING STATE-APPROVED STANDARDS-BASED CURRICULUM, MONITORING ATTENDANCE AND TRUANCY, AND ADMINISTERING REQUIRED STANDARDIZED TESTING. HOWEVER, ANY STUDENT RESIDING IN THE STATE MAY ATTEND THE SCHOOL, AND THESE STUDENTS ATTEND SCHOOL REMOTELY VIA A COMPUTER. DUE TO THE PANDEMIC, THE ENROLLMENT INCREASED APPROXIMATELY 58%


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Board, Officers & Key Employees

Name (title)Compensation
Dr L Cherry Daniel
Head Of Scho
$150,490
Julie Anne Kornahrens
Treasurer
$0
Janet Thompson
Vice-Chair
$0
Courtney Suber
Chair
$0
Susan Gaston
Director
$0
Dianne Oliver
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
K12 Management Inc
Ed. Curriculum
$16,352,112
Cantey Technology Consulting Llc
Tech Support
$373,157
Sc Public Employee Benefit Authorit
Insurance
$2,446,548
Cantey Edu Llc
Edu Services
$353,540
Atrium Holdings Llc
Real Estate
$135,233
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $37,254,450
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$37,254,450
Total Program Service Revenue$19,525
Investment income $8,353
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $37,851,009

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