VIRTUS ACADEMY OF SOUTH CAROLINA: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: VIRTUS ACADEMY OF SOUTH CAROLINA (EIN 46-5411636)
Tax period: 2024-07-01 to 2025-06-30
Filed: 2026-03-05
IRS object ID: 202600649349300005
Schema version: 2024v5.5
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule D
Schedule E
Schedule K
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2026-03-05T05:41:30-06:00	ReturnTs
Tax Period End	2025-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	260793942	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MARTIN SMITH & COMPANY CPAS PA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1212 HAYWOOD ROAD BLDG 100	AddressLine1Txt
City	GREENVILLE	CityNm
State Abbreviation	SC	StateAbbreviationCd
ZIP	296152200	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2024-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	465411636	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	VIRTUS ACADEMY OF SOUTH CAROLINA	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	VIRT	BusinessNameControlTxt
Phone	8437994032	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2407 PISGAH ROAD	AddressLine1Txt
City	FLORENCE	CityNm
State Abbreviation	SC	StateAbbreviationCd
ZIP	29501	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	TONI BRANDT	PersonNm
Person Title	CEO	PersonTitleTxt
Phone	8437994032	PhoneNum
Signature	2026-02-28	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	DAVID A SMITH	PreparerPersonNm
PTIN	P00045703	PTIN
Phone	8642321040	PhoneNum

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	LINDSAY PRIVETTE	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2407 PISGAH ROAD	AddressLine1Txt
City	FLORENCE	CityNm
State Abbreviation	SC	StateAbbreviationCd
ZIP	29501	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$10,477,701	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	VIRTUSACADEMYSC.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2013	FormationYr
Legal Domicile State	SC	LegalDomicileStateCd
Activity Or Mission	VIRTUS ACADEMY OF SOUTH CAROLINA IS A FREE, PUBLIC CHARTER SCHOOL THAT OPENED IN 2018. WITH A FOCUS ON PBL INTEGRATION IN SCIENCE AND SOCIAL STUDIES, VIRTUS SUPPORTS PARENT-CHOICE FOR MORE PERSONALIZED EDUCATION FOR THEIR CHILDREN.	ActivityOrMissionDesc
Voting Members Governing Body	8	VotingMembersGoverningBodyCnt
Voting Members Independent	8	VotingMembersIndependentCnt
Total Employee	154	TotalEmployeeCnt
Total Volunteers	50	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$9,487,054	PYContributionsGrantsAmt
CY Contributions Grants	$10,058,780	CYContributionsGrantsAmt
PY Program Service Revenue	$229,704	PYProgramServiceRevenueAmt
CY Program Service Revenue	$190,703	CYProgramServiceRevenueAmt
PY Investment Income	$445,189	PYInvestmentIncomeAmt
CY Investment Income	$228,218	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$10,161,947	PYTotalRevenueAmt
CY Total Revenue	$10,477,701	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$5,572,322	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$6,030,027	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$4,489,623	PYOtherExpensesAmt
CY Other Expenses	$4,579,700	CYOtherExpensesAmt
PY Total Expenses	$10,061,945	PYTotalExpensesAmt
CY Total Expenses	$10,609,727	CYTotalExpensesAmt
PY Revenues Less Expenses	$100,002	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$132,026	CYRevenuesLessExpensesAmt
Total Assets BOY	$30,310,550	TotalAssetsBOYAmt
Total Assets EOY	$29,714,783	TotalAssetsEOYAmt
Total Liabilities BOY	$26,849,854	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$26,386,113	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$3,460,696	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$3,328,670	NetAssetsOrFundBalancesEOYAmt
Mission	VIRTUS ACADEMY WILL ADVANCE STUDENT ACHIEVEMENT BY PREPARING STUDENTS FOR CIVIC AND CAREER SUCCESS THORUGH RIGOROUS ACADEMICS, LEADERSHIP DEVELOPMENT, AND PROJECT-BASED LEARNING.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$6,999,967	ExpenseAmt
Revenue	$190,703	RevenueAmt
Desc	VIRTUS ACADEMY ENROLLED APPROXIMATELY 745 STUDENTS DURING THE 2024-25 SCHOOL YEAR, WHICH WAS ITS SEVENTH YEAR AS A PUBLIC CHARTER SCHOOL SERVING STUDENTS IN KINDERGARTEN THROUGH GRADE 11	Desc
Total Program Service Expenses	$6,999,967	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (1)	TaxExemptBondsInd
Invest Tax Exempt Bonds	0	InvestTaxExemptBondsInd
Escrow Account	0	EscrowAccountInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	Yes (1)	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	Yes (1)	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	32	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	154	EmployeeCnt
Employment Tax Returns Filed	0	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	8	GoverningBodyVotingMembersCnt
Independent Voting Member	8	IndependentVotingMemberCnt
Family Or Business Rln	Yes (1)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd
Other	Yes (X)	OtherInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE ORGANIZATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	8437994032	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2407 PISGAH ROAD	AddressLine1Txt
City	FLORENCE	CityNm
State Abbreviation	SC	StateAbbreviationCd
ZIP	29501	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
MICAHEL COOK
MEMBER AT LARGE	2.00	Yes (X)	$0	$0	$0
MEREDITH COTTON
MEMBER AT LARGE	2.00	Yes (X)	$0	$0	$0
SCOTT KOZACKI
MEMBER AT LARGE	2.00	Yes (X)	$0	$0	$0
RON ROBERTS
MEMBER AT LARGE	2.00	Yes (X)	$0	$0	$0
DR THOMAS DUCEY
BOARD CHAIRMAN	2.00	Yes (X)	$0	$0	$0	Yes (X)
CARLOS WASHINGTON
VICE CHAIRMAN	2.00	Yes (X)	$0	$0	$0	Yes (X)
MACHELL SPRAUVE
SECRETARY	2.00	Yes (X)	$0	$0	$0	Yes (X)
LINDEY PRIVETTE
TREASURER	2.00	Yes (X)	$0	$0	$0	Yes (X)
BRIAN CARPENTER
EXECUTIVE DIRECTOR	40.00	Yes (X)	$85,715	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$85,715	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
CHARTWELLS DINING SERVICES
PO BOX 417632	BOSTON	MA	02241	FOOD SERVICES	$436,499
BRIAN CARPENTER
23 BEAN POT CAMPGROUND LOOP	CROSSVILLE	TN	38571	MANAGEMENT SERVICES	$188,573
DOVE TECHNOLOGIES
PO BOX 6106	FLORENCE	SC	29502	IT SERVICES	$121,000
VERIS CPA
1156 BOWMAN ROAD SUITE 100A	MOUNT PLEASANT	SC	29464	ACCOUNTING/PROFESSIONAL SERVICES	$109,543
EDMENTUM
PO BOX 776725	CHICAGO	IL	60677	EDUCATIONAL SERVICES	$108,135

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	5	CntrctRcvdGreaterThan100KCnt
Fundraising	$4,449	FundraisingAmt
Government Grants	$10,017,832	GovernmentGrantsAmt
All Other Contributions	$36,499	AllOtherContributionsAmt
Total Contributions	$10,058,780	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
REVENUE-AFTER SCHOOL PROGRAM	611170	$108,377	$108,377
PUPIL ACTIVITY	611170	$38,915	$38,915
TUITION AND FEES	611110	$38,728	$38,728
OTHER REVENUE	611170	$3,374	$3,374
SCHOOL LUNCH SALES	611170	$1,309	$1,309

Field	Value	IRS element (for citing)
Total Program Service Revenue	$190,703	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$228,218	TotalRevenueColumnAmt
Exclusion	$228,218	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$10,477,701	TotalRevenueColumnAmt
Related Or Exempt Func Income	$190,703	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$228,218	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$5,035,508	TotalAmt
Program Services	$4,007,778	ProgramServicesAmt
Management And General	$1,027,730	ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$39,331	TotalAmt
Program Services	$27,482	ProgramServicesAmt
Management And General	$11,849	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$583,895	TotalAmt
Program Services	$467,861	ProgramServicesAmt
Management And General	$116,034	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$371,293	TotalAmt
Program Services	$290,135	ProgramServicesAmt
Management And General	$81,158	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$88,880	TotalAmt
Management And General	$88,880	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$180,818	TotalAmt
Management And General	$180,818	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$737,944	TotalAmt
Program Services	$513,313	ProgramServicesAmt
Management And General	$224,631	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$50,193	TotalAmt
Management And General	$50,193	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$72,019	TotalAmt
Management And General	$72,019	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$105,852	TotalAmt
Program Services	$83,825	ProgramServicesAmt
Management And General	$22,027	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$430,966	TotalAmt
Program Services	$363,168	ProgramServicesAmt
Management And General	$67,798	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$23,865	TotalAmt
Program Services	$17,834	ProgramServicesAmt
Management And General	$6,031	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$1,292,355	TotalAmt
Management And General	$1,292,355	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$589,733	TotalAmt
Program Services	$471,786	ProgramServicesAmt
Management And General	$117,947	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$5,275	TotalAmt
Management And General	$5,275	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
SCHOOL LUNCH EXPENSES	$444,492	$444,492
STUDENT SUPPLIES & TEXT	$214,760	$214,760
FEE PAID TO DISTRICT	$182,879		$182,879
STUDENT ACTIVITIES	$86,434	$86,434

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$73,235	TotalAmt
Program Services	$11,099	ProgramServicesAmt
Management And General	$62,136	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$10,609,727	TotalAmt
Program Services	$6,999,967	ProgramServicesAmt
Management And General	$3,609,760	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$10,858,366	BOYAmt
EOY	$7,778,510	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$260,640	BOYAmt
EOY	$124,441	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$97,674	BOYAmt
EOY	$135,049	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$22,975,229	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$1,354,621	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$10,938,067	BOYAmt
EOY	$21,620,608	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$8,155,803	BOYAmt
EOY	$56,175	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$30,310,550	BOYAmt
EOY	$29,714,783	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$1,060,708	BOYAmt
EOY	$605,252	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$17	BOYAmt
EOY	$8,024	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$24,555,000	BOYAmt
EOY	$24,555,000	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$890,000	BOYAmt
EOY	$890,000	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$344,129	BOYAmt
EOY	$327,837	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$26,849,854	BOYAmt
EOY	$26,386,113	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$3,460,696	BOYAmt
EOY	$3,328,670	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$3,460,696	BOYAmt
EOY	$3,328,670	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$30,310,550	BOYAmt
EOY	$29,714,783	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$132,026	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	0	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,585,000	OtherCostOrOtherBasisAmt
Book Value	$1,585,000	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$20,356,584	OtherCostOrOtherBasisAmt
Depreciation	$1,153,070	DepreciationAmt
Book Value	$19,203,514	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$980,102	OtherCostOrOtherBasisAmt
Depreciation	$194,527	DepreciationAmt
Book Value	$785,575	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$53,543	OtherCostOrOtherBasisAmt
Depreciation	$7,024	DepreciationAmt
Book Value	$46,519	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$21,620,608	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
DUE TO SC DEPT OF EDUCATION	$17
BOND PREMIUM (DISCOUNT)	$327,820

Field	Value	IRS element (for citing)
Total Liability	$327,837	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$10,477,701	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$10,477,701	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$10,477,701	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$10,609,727	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$10,609,727	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$10,609,727	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART X, LINE 2:	FormAndLineReferenceDesc
Explanation	THE FINANCIAL STATEMENTS WERE PREPARED IN ACCORDANCE WITH GOVERNMENTAL ACCOUNTING STANDARDS, WHICH DOES NOT REQUIRE THE ADOPTION OF FIN 48.	ExplanationTxt

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (1)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (1)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (1)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (1)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	0	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (1)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (1)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	0	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	0	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	0	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	0	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	0	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	0	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	0	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (1)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	0	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (1)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3	INFORMATION IS PROVIDED ON THE SCHOOL'S WEBSITE, STUDENT HANDBOOK AND BROCHURES.
SCHEDULE E, PART I, LINE 4	LINE 4B - THE ORGANIZATION IS A PUBLIC CHARTER SCHOOL. THEREFORE, IT DOES NOT OFFER SCHOLARSHIPS OR FINANCIAL AID.
SCHEDULE E, PART I, LINE 6	THE SCHOOL RECEIVES A SIGNIFICANT PORTION OF ITS SUPPORT FORM GOVERNMENTAL UNITS INCLUDING APPROXIMATELY $10,018,000 FROM STATE AND FEDERAL SOURCES.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
SC JOBS-ECONOMIC DEVELOP AUTH - SERIES 2021A
A	570960018	83704MBX3	2021-11-30	$11,060,000	SCHOOL BUILDING ACQUISITION	0	0	0
SC JOBS-ECONOMIC DEVELOP AUTH - SERIES 2023A
B	570960018		2023-08-22	$13,495,000	SCHOOL BUILDING CONSTRUCTION	0	0	0

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCd	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Capital ExpendituresCapitalExpendituresAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd	Capitalized InterestCapitalizedInterestAmt
A	$11,298,498	$711,650	$199,232	$10,387,616	2022	0	0	Yes (1)	Yes (1)
B	$13,326,313	$1,075,957	$95,031	$11,631,022	2024	0	0	Yes (1)	Yes (1)	$524,333

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Any Research AgreementsAnyResearchAgreementsInd	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	0	0	0	0	0	0	0
B	0	0	0	0	0	0	0

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A	0	Yes (1)	0	0	0	0	0	0	0
B	0	0	0	0	0	0	0	0	0

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	0
B	0

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
JORDAN WASHINGTON
SON OF BOARD MEMBER	$53,108	COMPENSATION	0
BRIAN CARPENTER
OFFICER	$85,715	CONTRACTED SERVICES AS EXECUTIVE DIRECTOR	0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2	CARLOS WASHINGTON [BOARD MEMBER/OFFICER] IS THE PARENT OF JORDAN WASHINGTON [EMPLOYEE].
FORM 990, PART VI, SECTION B, LINE 11B	BOARD OF DIRECTORS RECEIVES A COPY OF FORM 990, REVIEWS IT AND ASKS QUESTIONS (IF ANY) OF THE PREPARER BEFORE THE RETURN IS FILED.
FORM 990, PART VI, SECTION B, LINE 12C	OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST ARISING AND TO RECUSE THEMSELVES FROM PARTICIPATING IN ANY DISCUSSIONS RELATED TO PARTIES OF INTERST.
FORM 990, PART VI, SECTION B, LINE 15	THE BOARD SERVES WITHOUT COMPENSATION. SALARIES OF KEY EMPLOYEES MUST BE APPROVED BY THE BOARD.
FORM 990, PART VI, SECTION C, LINE 18	FORM 990 IS AVAILABLE FOR INSPECTION BY THE GENERAL PUBLIC UPON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19	THESE DOCUMENTS ARE AVAILABLE AT WWW.GUIDESTAR.ORG AND TO THE GENERAL PUBLIC UPON WRITTEN REQUEST TO THE BOARD OF DIRECTORS.
FORM 990, PART IX, LINE 11G	STAFF DEVELOPMENT & TRAINING : PROGRAM SERVICE EXPENSES 11,050. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,050. OTHER SERVICES/FEES : PROGRAM SERVICE EXPENSES 10,345. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,345. INSTRUCTIONAL SERVICES : PROGRAM SERVICE EXPENSES 222,924. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 222,924. PSYCHOLOGICAL SERVICES : PROGRAM SERVICE EXPENSES 50,460. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 50,460. SPEECH SERVICES : PROGRAM SERVICE EXPENSES 138,884. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 138,884. CURRICULUM DEVELOPMENT SERVICES : PROGRAM SERVICE EXPENSES 12,300. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,300. STUDENT SERVICES : PROGRAM SERVICE EXPENSES 67,350. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 67,350. ADMINISTRATIVE STAFF TRAINING : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,800. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,800. ADMINISTRATIVE SERVICES : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 222,831. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 222,831.
FORM 990, PART IX, LINE 24E	DEBT RELATED FEES AND EXPENSES : MANAGEMENT AND GENERAL EXPENSES 42,588. TOTAL EXPENSES 42,588. OTHER EXPENDITURES : MANAGEMENT AND GENERAL EXPENSES 9,546. TOTAL EXPENSES 9,546. MEMBERSHIP DUES & FEES : MANAGEMENT AND GENERAL EXPENSES 5,870. TOTAL EXPENSES 5,870. MISC EXPENSES : PROGRAM SERVICE EXPENSES 5,831. TOTAL EXPENSES 5,831. STUDENT TRANSPORTATION : PROGRAM SERVICE EXPENSES 5,032. TOTAL EXPENSES 5,032. SUPPLIES : MANAGEMENT AND GENERAL EXPENSES 4,132. TOTAL EXPENSES 4,132. SMALL EQUIPMENT : PROGRAM SERVICE EXPENSES 236. TOTAL EXPENSES 236.