2020-07-08T15:10:19-05:00 2019-06-30 202102404 PETWAY MILLS & PEARSON PA PO BOX 1036 ZEBULON NC 275971036 990 2018-07-01 464215646 PAVE SOUTHEAST RALEIGH CHARTER SCHOOL INC PAVE 7188587813 3420 IDLEWOOD VILLAGE DR RALEIGH NC 27610 JB BUXTON BOARD CHAIR 2525782680 2020-07-07 true JAMES A RIDOUTT P00394550 9192697405 2020-07-06 167.68.16.49 2020-07-08 15:10:19 CD P 105765E572DEB4DC3E7ACB4146B0BE8786E2D991 EFB6301CE37F7022BDFB2024CE2FD7175B33AA01 2018 2021-01-29 14:40:06Z JB BUXTON 3420 IDLEWOOD DR RALEIGH NC 27610 4399965 false X N/A X 2013 NC OPERATION OF A PUBLIC CHARTER SCHOOL 8 8 61 8 0 713312 945499 2583419 3276796 25 45 178572 177625 3475328 4399965 0 0 1697382 2413794 0 0 1853920 2011803 3551302 4425597 -75974 -25632 7310774 7180115 7036217 6931190 274557 248925 X TO PREPARE KINDERGARTEN THROUGH EIGHTH GRADE STUDENTS TO THRIVE IN COMPETITIVE HIGH SCHOOLS AND FOUR YEAR COLLEGES. WILL PROVIDE STUDENTS WITH A RIGOROUS ACADEMIC PROGRAM AND COMMUNITY BUILT UPON THE SCHOOL'S CORE VALUES. false false 3575150 3276796 PROVIDED EDUCATION TO APPROXIMATELY 303 STUDENTS IN SOUTHEAST RALEIGH, NC FOR THE FISCAL YEAR ENDED 6/30/19. 3575150 true true false false false false false false false false true false false false false false true false true false false false false false false false false false false false false false false false false false false true false false false false false false false false false true 7 0 true 61 true false false false false false false false false false false false false X 8 8 false true false false false false false true true false false true true true true true true true true false X ACADIA NORTHSTAR LLC 9199547040 5029 FALLS OF NEUSE RD RALEIGH NC 27609 JB BUXTON BOARD CHAIR 1.00 X X 0 0 0 DEXTER HEBERT VICE CHAIR 1.00 X X 0 0 0 CRAWFORD CRENSHAW TREASURER 0.75 X 0 0 0 KWAN GRAHAM SECRETARY 1.00 X X 0 0 0 ANNETTE CORONA DIRECTOR 0.75 X 0 0 0 ANDREW LAKIS DIRECTOR 0.75 X X 0 0 0 MICHELLE KEATON-BARROW DIRECTOR 0.75 X 0 0 0 SPENCER ROBERTSON DIRECTOR 0.75 X 0 0 0 BENJAMIN PIERCE PRINCIPAL 40.00 X 42920 0 0 42920 false false false 521057 424442 945499 STATE OF NC 2264213 2264213 TOTAL COUNTY FUNDS 1012583 1012583 3276796 45 45 150989 150989 150989 150989 SALES TAX REFUND 13441 13441 E-RATE REVENUE 13041 13041 OTHER REVENUE 154 154 26636 4399965 3303432 151034 119330 95464 23866 1832742 1583318 249424 7814 6720 1094 292774 251786 40988 161134 138575 22559 507 507 58055 58055 339204 134583 204621 912 775 137 87429 27394 60035 89610 76168 13442 119965 101970 17995 13187 12000 1187 331007 281356 49651 295530 251200 44330 39230 39230 SUPPLIES 301343 301343 PUPIL TRANSPORTATION 217569 217569 NON-CAPITAIZED EQUIP 65834 55959 9875 TEXTBOOKS 32535 32535 19886 6435 13451 4425597 3575150 850447 0 318322 446739 75125 75171 156712 113399 4874 3510 7428243 886947 6755741 6541296 7310774 7180115 140460 209030 62445 5986 6833312 6716174 7036217 6931190 X 274557 248925 274557 248925 7310774 7180115 -25632 X false true true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7076370 727294 6349076 351873 159653 192220 6541296 4399965 4399965 4399965 4425597 4425597 4425597 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 PAVE SOUTHEAST RALEIGH CHARTER SCHOOL IS A PUBLIC CHARTER SCHOOL FUNDED BY THE STATE OF NORTH CAROLINA AND LOCAL GOVERNMENT. NORTH CAROLINA REQUIRES A POLICY OF NONDISCRIMINATION AND THE SCHOOL'S NONDISCRIMINATION POLICY IS DISCLOSED IN ALL SOLICIATIONS FOR STUDENTS. SCHEDULE E, LINE 4 THE SCHOOL MAINTAINS RECORDS ON THE RACIAL COMPOSITION OF ITS STUDENT BODY AND COLLECTS RACIAL INFORMATION ON A VOLUNTARY BASIS FROM FACULTY AND ADMINISTRATIVE STAFF. THE SCHOOL IS A TUITION FREE PUBLIC SCHOOL AND DOES NOT NEED TO AWARD SCHOLARSHIPS FOR TUITION. THE SCHOOL DOES OFFER SCHOLARSHIPS ON A RACIALLY NON-DISCRIMINATORY BASIS FOR SCHOOL RELATED EXTRACURRICULAR ACTIVITIES. SCHEDULE E, LINE 6 NORTH CAROLINA CHARTER SCHOOL, FUNDED BY STATE AND LOCAL GOVERNMENT. ALSO RECEIVES VARIOUS FEDERAL AND STATE GRANTS. PAVE 3420 IDLEWOOD VILLAGE LLC SEE BELOW 448145 CAPITAL LEASE PAYMT false PAVE SCHOOLS INC SEE BELOW 393903 GRANT false SCHEDULE L, PART V DURING 2016 PAVE SOUTHEAST RALEIGH ENTERED INTO A CAPITAL LEASE WITH PAVE 3420 IDLEWOOD VILLAGE, LLC FOR REAL ESTATE OCCUPIED BY THE SCHOOL. PAVE 3240 IDLEWOOD VILLAGE LLC IS CONSIDERED A "DISREGARDED ENTITY" FOR TAX PURPOSES AND IS 100% OWNED BY PAVE SCHOOLS, INC. SPENCER ROBERSTON, WHO SERVES AS A DIRECTOR OF PAVE SOUTHEAST RALEIGH CHARTER SCHOOL, ALSO SERVES AS THE CEO OF PAVE SCHOOLS, INC. THE PAYMENT CONSISTED OF 117,138 PRINCIPLE AND 331,007 INTEREST. PAVE SCHOOLS,INC. ALSO PROVIDES MANAGEMENT SERVICES TO THE ORGANIZATION. PAVE SCHOOLS, INC. RECEIVED NO PAYMENT FOR MANAGEMENT SERVICES DURING THE FISCAL YEAR ENDED 6/30/19. FORM 990 - ORGANIZATION'S MISSION TO PREPARE KINDERGARTEN THROUGH EIGHTH GRADE STUDENTS TO THRIVE IN COMPETITIVE HIGH SCHOOLS AND FOUR YEAR COLLEGES. WILL PROVIDE STUDENTS WITH A RIGOROUS ACADEMIC PROGRAM AND COMMUNITY BUILT UPON THE SCHOOL'S CORE VALUES. FORM 990, PAGE 6, PART VI, LINE 3 PAVE SCHOOLS, INC. FORM 990, PAGE 6, PART VI, LINE 11B 990 IS REVIEWED BY MANAGEMENT AND THE FINANCE COMMITTEE OF THE BOARD AND IS DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C CONFLICT OF INTEREST POLICY IS SHARED WITH BOARD MEMBERS ANNUALLY. OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE EXPECTED TO DECLARE, IF AT ANY POINT, A CONFLICT OF INTEREST ARISES. AN ANNUAL STATEMENT AND ACKNOWLEGEMENT IS PROVIDED TO THE BOARD. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR THE SCHOOL'S TOP OFFICIAL IS APPROVED BY THE BOARD OF DIRECTORS AND IS BASED ON COMPARABILITY DATA AND PERFORMANCE. FORM 990, PAGE 6, PART VI, LINE 15B OFFICER AND KEY EMPLOYEE COMPENSATION IS APPROVED BY THE BOARD AND IS BASED ON COMPARABILITY DATA AND PERFORMANCE. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.