Lincoln Charter School Inc
- Assets
- $10.0m
- Revenue
- $20.4m
- Investments
- $0.0
- Employees
- 376
- Location
- Denver, NC
- Founding
- 04/1999
- Data as of
- 06/2022
- EIN
- 56-2052862
Organization Overview
Lincoln Charter School Inc is located in Denver, NC. The organization was established in 1999. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Lincoln Charter School Inc employed 376 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lincoln Charter School Inc 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 06/2022, Lincoln Charter School Inc generated $20.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $20.2m during the year ending 06/2022. While expenses have increased by 6.1% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPERATE A PUBLIC CHARTER SCHOOL
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE A PUBLIC CHARTER SCHOOL SERVING APPROXIMATELY 2,100 STUDENTS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alli Moody Secretary | OfficerTrustee | 5 | $0 |
Rob Brown President | OfficerTrustee | 5 | $0 |
Jonathan Austin Director | Trustee | 1 | $0 |
Cara Dowling Vice President | OfficerTrustee | 1 | $0 |
Trent Jones Secretary | OfficerTrustee | 5 | $0 |
Joel Dalton Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
A3 Communications Inc Security Systems | 6/29/22 | $125,000 |
Earnest Estates Llc Custom Builder | 6/29/22 | $180,391 |
Daniel Transport Trucking | 6/29/22 | $102,764 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $19,815,227 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,817 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,828,044 |
| Total Program Service Revenue | $175,789 |
| Investment income | $0 |
| 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 | $20,367,143 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $166,403 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $369,160 |
| Compensation of current officers, directors, key employees. | $45,156 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,092,543 |
| Pension plan accruals and contributions | $450,848 |
| Other employee benefits | $1,600,901 |
| Payroll taxes | $840,374 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30,037 |
| Fees for services: Accounting | $18,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $93,164 |
| Office expenses | $164,967 |
| Information technology | $229,670 |
| Royalties | $0 |
| Occupancy | $1,976,434 |
| Travel | $7,829 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $214,074 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $63,573 |
| Insurance | $95,779 |
| All other expenses | $743,683 |
| Total functional expenses | $20,173,219 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,866,763 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $250,137 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $507,903 |
| Net Land, buildings, and equipment | $393,680 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,018,483 |
| Accounts payable and accrued expenses | $140,047 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $469,354 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $609,401 |
| Net assets without donor restrictions | $9,015,402 |
| Net assets with donor restrictions | $393,680 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,018,483 |