Eno River Academy Holdings Inc is located in Hillsborough, NC. The organization was established in 2020. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eno River Academy Holdings Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SCHOOL FACILITIES TO BE UTILIZED BY "A PUBLIC SCHOOL OF CHOICE, INC." DBA - ENO RIVER ACADEMY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED SCHOOL FACILITIES TO "A PUBLIC SCHOOL OF CHOICE" DBA - ENO RIVER ACADEMY, A NORTH CAROLINA PUBLIC CHARTER SCHOOL.
PROVIDED SCHOOL FACILITIES TO "A PUBLIC SCHOOL OF CHOICE" DBA - ENO RIVER ACADEMY, A NORTH CAROLINA PUBLIC CHARTER SCHOOL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael O'malley Board Chair | OfficerTrustee | 0.5 | $0 |
Sarah Yagnow Vice Chair | OfficerTrustee | 0.5 | $0 |
Kristi Anspach Treasurer | OfficerTrustee | 0.5 | $0 |
Lisa Bair Executive Di | Officer | 5 | $0 |
Dianne Gonzalez Member | Trustee | 0.5 | $0 |
Margaret Barr Member | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
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 | $0 |
Total Program Service Revenue | $904,311 |
Investment income | $68 |
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 | $904,426 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $3,002 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $951,295 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $546,285 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $1,500,582 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,290,841 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $18,734,377 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $20,025,218 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $19,883,532 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $374,300 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $20,257,832 |
Net assets without donor restrictions | -$232,614 |
Net assets with donor restrictions | $0 |
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 | $20,025,218 |
Over the last fiscal year, we have identified 1 grants that Eno River Academy Holdings Inc has recieved totaling $6,980.
Awarding Organization | Amount |
---|---|
North Carolina High School Athletic Chapel Hill, NC PURPOSE: TO SUBSIDIZE SCHOOL COSTS. | $6,980 |