Lincoln Charter School Inc
- Assets
- $10.0m
- Revenue
- $18.7m
- Investments
- $0.0
- Employees
- 352
- Location
- Denver, NC
- Founding
- 04/1999
- Data as of
- 06/2021
- 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 06/2021, Lincoln Charter School Inc employed 352 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 06/2021, Lincoln Charter School Inc generated $18.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $17.2m during the year ending 06/2021. While expenses have increased by 4.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
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
OPERATE A PUBLIC CHARTER SCHOOL SERVING APPROXIMATELY 2,100 STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Bryant Executive Director | Officer | 40 | $126,000 |
Christy Berry CFO | Officer | 40 | $65,500 |
Rob Brown President | OfficerTrustee | 5 | $0 |
Peter Lohri Vice President | OfficerTrustee | 5 | $0 |
Vanessa Brown Treasurer | OfficerTrustee | 5 | $0 |
Trent Jones Secretary | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $18,230,045 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,458 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,238,503 |
| Total Program Service Revenue | $73,230 |
| 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 | $18,722,799 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $191,500 |
| Compensation of current officers, directors, key employees. | $65,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,850,675 |
| Pension plan accruals and contributions | $428,215 |
| Other employee benefits | $1,398,461 |
| Payroll taxes | $728,741 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $40,972 |
| Fees for services: Accounting | $9,515 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $63,405 |
| Office expenses | $186,710 |
| Information technology | $192,235 |
| Royalties | $0 |
| Occupancy | $1,689,138 |
| Travel | $1,286 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $174,126 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $55,576 |
| Insurance | $67,836 |
| All other expenses | $793,839 |
| Total functional expenses | $17,164,560 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,030,014 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $640,419 |
| 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 | $13,688 |
| Net Land, buildings, and equipment | $330,391 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,014,512 |
| Accounts payable and accrued expenses | $331,971 |
| 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 | $467,383 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $39,624 |
| Total liabilities | $838,978 |
| Net assets without donor restrictions | $8,845,143 |
| Net assets with donor restrictions | $330,391 |
| 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 | $10,014,512 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Lincoln Charter School Inc has recieved totaling $19,067.
| Awarding Organization | Amount |
|---|---|
Kevin Harvick Foundation Harrisburg Road, NC PURPOSE: Athletic Department | $15,000 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $1,005 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $857 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $705 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Potomac School Mclean, VA | $225,192,195 | $49,665,882 |
Providence Day School Charlotte, NC | $110,524,658 | $50,140,053 |
Flint Hill School Oakton, VA | $94,406,099 | $45,449,765 |
Charlotte Latin Schools Inc Charlotte, NC | $136,686,590 | $47,461,290 |
Greater Atlanta Christian Schools Inc Norcross, GA | $104,910,212 | $44,897,863 |
Pace Academy Inc Atlanta, GA | $185,935,585 | $47,968,638 |
Ravenscroft School Inc Raleigh, NC | $81,090,288 | $36,426,897 |
Durham Academy Inc Durham, NC | $115,235,784 | $38,768,231 |
Purpose Built Schools Atlanta Inc Atlanta, GA | $15,990,097 | $34,651,857 |
Wesleyan School Inc Peachtree Corners, GA | $136,567,654 | $38,199,935 |
St Annes-Belfield Inc Charlottesville, VA | $122,363,605 | $34,335,007 |
Norfolk Academy Norfolk, VA | $147,079,429 | $29,484,040 |