STRATEGY STUDIO / PUBLIC DATA EXPLORER

RISE SOUTHEAST RALEIGH CHARTER SCHOOL INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
RISE SOUTHEAST RALEIGH CHARTER SCHOOL INC (EIN 46-4215646)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-09
IRS object ID
202621299349300632
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 ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-09T11:49:31-05:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN844233121PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SHARPE PATEL CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15510 SIX FORKS ROAD SUITE 140AddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27609ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN464215646EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RISE SOUTHEAST RALEIGH CHARTER SCHOOLBusinessNameLine1Txt
Business Name Line2INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlRISEBusinessNameControlTxt
Phone9194464777PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13420 IDLEWOOD VILLAGE DRAddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27610ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDAWN ARTHURPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone9194464777PhoneNum
Signature2026-05-04SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonREBECCA FISHERPreparerPersonNm
PTINP01690017PTIN
Phone7044993893PhoneNum
Preparation2026-05-04PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1RISEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerKWAN GRAHAMPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13420 IDLEWOOD VILLAGE DRAddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27610ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$6,716,169GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressHTTPS://RISESE.ORG/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2013FormationYr
Legal Domicile StateNCLegalDomicileStateCd
Activity Or MissionOPERATION OF A PUBLIC CHARTER SCHOOLActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee78TotalEmployeeCnt
Total Volunteers11TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$6,556,639PYContributionsGrantsAmt
CY Contributions Grants$6,642,494CYContributionsGrantsAmt
PY Program Service Revenue$6,111PYProgramServiceRevenueAmt
CY Program Service Revenue$11,478CYProgramServiceRevenueAmt
PY Investment Income$3,174PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$47,936PYOtherRevenueAmt
CY Other Revenue$62,197CYOtherRevenueAmt
PY Total Revenue$6,613,860PYTotalRevenueAmt
CY Total Revenue$6,716,169CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$4,625,570PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$4,491,162CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,066,992PYOtherExpensesAmt
CY Other Expenses$2,273,912CYOtherExpensesAmt
PY Total Expenses$6,692,562PYTotalExpensesAmt
CY Total Expenses$6,765,074CYTotalExpensesAmt
PY Revenues Less Expenses-$78,702PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$48,905CYRevenuesLessExpensesAmt
Total Assets BOY$771,294TotalAssetsBOYAmt
Total Assets EOY$1,146,370TotalAssetsEOYAmt
Total Liabilities BOY$229,799TotalLiabilitiesBOYAmt
Total Liabilities EOY$653,780TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$541,495NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$492,590NetAssetsOrFundBalancesEOYAmt
MissionTO PREPARE KINDERGARTEN THROUGH EIGHTH-GRADE STUDENTS TO THRIVE IN COMPETITIVE HIGH SCHOOLS AND FOUR-YEAR COLLEGES. THE SCHOOL PROVIDES STUDENTS WITH A RIGOROUS ACADEMIC PROGRAM AND A VALUES-BASED COMMUNITY GROUNDED IN ITS CORE PRINCIPLES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$5,218,037ExpenseAmt
Revenue$73,675RevenueAmt
DescA PUBLIC CHARTER SCHOOL IN NORTH CAROLINA THAT PROVIDED TUITION-FREE EDUCATION TO APPROXIMATELY 482 STUDENTS IN SOUTHEAST RALEIGH, NORTH CAROLINA, DURING THE FISCAL YEAR ENDED JUNE 30, 2025.Desc
Total Program Service Expenses$5,218,037TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgYes (1)TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document15IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee78EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9194464777PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13420 IDLEWOOD VILLAGE DRAddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27610ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
KWAN GRAHAM
BOARD CHAIR1.00Yes (X)Yes (X)$0$0$0
CRAWFORD CRENSHAW
VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
ANNETTE CORONA
SECRETARY1.00Yes (X)Yes (X)$0$0$0
LYNETTE AYTCH
DIRECTOR1.00Yes (X)$0$0$0
LAUREN VANCE
DIRECTOR1.00Yes (X)$0$0$0
TAYLOR DEWBERRY
DIRECTOR1.00Yes (X)$0$0$0
DEXTER HEBERT
DIRECTOR1.00Yes (X)$0$0$0
SPENCER ROBERTSON
DIRECTOR1.00Yes (X)$0$0$0
ANDREW LAKIS
DIRECTOR1.00Yes (X)$0$0$0
WILLETTE MORMAN
DIRECTOR1.00Yes (X)$0$0$0
CRAIG HERB
DIRECTOR1.00Yes (X)$0$0$0
DAWN ARTHUR
EXECUTIVE DIRECTOR40.00Yes (X)$120,102$0$0
JASON JOWERS
PRINCIPAL40.00$122,794$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$242,896TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$6,345,277GovernmentGrantsAmt
All Other Contributions$297,217AllOtherContributionsAmt
Total Contributions$6,642,494TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescSCHOOL ACTIVITIESDesc
Business611710BusinessCd
Total Revenue Column$11,478TotalRevenueColumnAmt
Related Or Exempt Func Income$11,478RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$11,478TotalProgramServiceRevenueAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$22,525RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$22,525RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$22,525TotalRevenueColumnAmt
Related Or Exempt Func Income$22,525RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MISCELLANEOUS900099$21,885$21,885
SALES TAX900099$17,787$17,787
FieldValueIRS element (for citing)
Other Revenue Total$39,672OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,716,169TotalRevenueColumnAmt
Related Or Exempt Func Income$73,675RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$120,102TotalAmt
Program Services$92,637ProgramServicesAmt
Management And General$27,465ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,647,608TotalAmt
Program Services$2,813,473ProgramServicesAmt
Management And General$834,135ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$34,664TotalAmt
Program Services$26,737ProgramServicesAmt
Management And General$7,927ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$412,142TotalAmt
Program Services$317,893ProgramServicesAmt
Management And General$94,249ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$276,646TotalAmt
Program Services$213,383ProgramServicesAmt
Management And General$63,263ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$10,490TotalAmt
Program Services$8,091ProgramServicesAmt
Management And General$2,399ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$12,950TotalAmt
Program Services$9,989ProgramServicesAmt
Management And General$2,961ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$678,928TotalAmt
Program Services$523,671ProgramServicesAmt
Management And General$155,257ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$123,717TotalAmt
Program Services$95,425ProgramServicesAmt
Management And General$28,292ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$8,572TotalAmt
Program Services$6,612ProgramServicesAmt
Management And General$1,960ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$91,586TotalAmt
Program Services$70,642ProgramServicesAmt
Management And General$20,944ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$469,533TotalAmt
Program Services$362,160ProgramServicesAmt
Management And General$107,373ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$51,727TotalAmt
Program Services$39,898ProgramServicesAmt
Management And General$11,829ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$32,212TotalAmt
Program Services$24,846ProgramServicesAmt
Management And General$7,366ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$37,500TotalAmt
Program Services$28,924ProgramServicesAmt
Management And General$8,576ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$83,622TotalAmt
Program Services$64,499ProgramServicesAmt
Management And General$19,123ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$48,567TotalAmt
Program Services$37,461ProgramServicesAmt
Management And General$11,106ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
NUTRITION SERVICES$350,293$270,188$80,105
BOOKS & SUPPLIES$173,252$133,633$39,619
ADMIN. SERVICES$84,648$65,291$19,357
ATHLETICS$9,800$7,559$2,241

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$6,515TotalAmt
Program Services$5,025ProgramServicesAmt
Management And General$1,490ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$6,765,074TotalAmt
Program Services$5,218,037ProgramServicesAmt
Management And General$1,547,037ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$239,122BOYAmt
EOY$479,114EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$97,240BOYAmt
EOY$197,477EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$15,741BOYAmt
EOY$14,556EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,019,896LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$564,673LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$419,191BOYAmt
EOY$455,223EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$771,294BOYAmt
EOY$1,146,370EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$229,799BOYAmt
EOY$328,780EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$325,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$229,799BOYAmt
EOY$653,780EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$423,691BOYAmt
EOY$364,446EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$117,804BOYAmt
EOY$128,144EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$541,495BOYAmt
EOY$492,590EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$771,294BOYAmt
EOY$1,146,370EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$48,905ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$785,311OtherCostOrOtherBasisAmt
Depreciation$444,505DepreciationAmt
Book Value$340,806BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$234,585OtherCostOrOtherBasisAmt
Depreciation$120,168DepreciationAmt
Book Value$114,417BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$455,223TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescTOM RUSSELL LOANDesc
Amt$325,000Amt
FieldValueIRS element (for citing)
Total Liability$325,000TotalLiabilityAmt

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3RISE SOUTHEAST RALEIGH CHARTER SCHOOL IS A TUITION-FREE 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, PART I, LINE 6A NORTH CAROLINA CHARTER SCHOOL FUNDED BY STATE AND LOCAL GOVERNMENT AND SUPPORTED BY VARIOUS FEDERAL AND STATE GRANTS.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS REVIEWED BY MANAGEMENT AND THE FINANCE COMMITTEE OF THE BOARD AND IS DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE CONFLICT OF INTEREST POLICY IS SHARED WITH BOARD MEMBERS ANNUALLY. OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST IF ONE ARISES AT ANY TIME. AN ANNUAL DISCLOSURE STATEMENT AND ACKNOWLEDGMENT ARE PROVIDED TO THE BOARD.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION FOR THE SCHOOL'S TOP OFFICIAL IS APPROVED BY THE BOARD OF DIRECTORS AND IS BASED ON COMPARABILITY DATA AND PERFORMANCE. COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS ALSO APPROVED BY THE BOARD AND IS BASED ON COMPARABILITY DATA AND PERFORMANCE.
FORM 990, PART VI, SECTION C, LINE 19THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 11GOTHER CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 523,671. MANAGEMENT AND GENERAL EXPENSES 155,257. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 678,928.

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1SOUTHEAST RALEIGH CHARTER FOUNDATION INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line13420 IDLEWOOD VILLIAGE DRIVEAddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27610ZIPCd
FieldValueIRS element (for citing)
EIN852967675EIN
Primary ActivitiesREAL ESTATE RENTALPrimaryActivitiesTxt
Legal Domicile StateNCLegalDomicileStateCd
Direct Controlling NAN/ADirectControllingNACd
Entity TypeCEntityTypeTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
SOUTHEAST RALEIGH CHARTER FOUNDATION
K$450,000ACTUAL
SOUTHEAST RALEIGH CHARTER FOUNDATION
R$150,430ACTUAL