EIN 45-5044608

Summerfield Charter Academy

Name: Summerfield Charter Academy financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Summerfield

State

North Carolina

Year formed

2012

Most recent tax filings

2023-06-01

NTEE code, primary

B29: Charter Schools

Description

Summerfield Charter Academy operates as a public school academy providing education to students in kindergarten through eighth grade. The academy's mission is to incorporate rigorous teaching methods, parental involvement, student responsibility, and basic moral values into its curriculum. Enrollment is open to all appropriate students at no cost to the parent. The school food service program offers free or reduced lunch for families that qualify, with funding provided by the USDA Food and Nutrition Service in the amount of $136,251.

Also known as...

Guilford Charter Development

Total revenues

$8,573,038

2023

Total expenses

$8,595,080

2023

Total assets

$1,762,721

2023

Num. employees

2023

Program areas at Summerfield Charter Academy

Operated an educational institution organized as a public school academy. The academy provides education, at no cost to the parent, to students in kindergarten through eighth grade. The academy operates under a Charter approved by the north carolina state board of education.

Operated a school food service program at the public school academy described above. The academy offers free or reduced lunch for families that qualify. Funding for this program was provided by the usda food and nutrition service in the amount of $44,551.

Who funds Summerfield Charter Academy

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
The Bank of America Charitable Foundation	2022-12	Program/operating Support	$100

Personnel at Summerfield Charter Academy

Name	Title	Compensation	Date of data
Debra Wilson	President	$0	2024-04-03
Jason Tipton	Vice President	$0	2023-06-30
Vanessa McCutchen	Treasurer	$0	2023-06-30
Ashley Hickok	Secretary	$0	2023-06-30
Rudy Binder	Vice President	$0	2018-06-30
...and 1 more key personnel

Financials for Summerfield Charter Academy

Revenues	FYE 06/2023	FYE 06/2022	% Change
Total grants, contributions, etc.	$8,355,492	$7,650,306	9.2%
Program services	$182,546	$218,596	-16.5%
Investment income and dividends	$0	$0	-
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$0	$0	-
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$35,000	$35,000	-
Total revenues	$8,573,038	$7,903,902	8.5%

Form 990s for Summerfield Charter Academy

Fiscal year ending	Date received by IRS	Form	PDF link
2023-06	2024-04-03	990	View PDF
2022-06	2023-05-12	990	View PDF
2021-06	2022-05-11	990	View PDF
2020-06	2021-04-12	990	View PDF
2019-06	2020-09-03	990	View PDF
...and 5 more Form 990s

Organizations like Summerfield Charter Academy

Organization	Type	Location	Revenue
Gate City Charter Academy	501(c)(3)	Greensboro, NC	$8,406,312
Matthews Charter Academy	501(c)(3)	Matthews, NC	$8,360,318
Johnston Charter Academy	501(c)(3)	Clayton, NC	$7,362,634
Elmer A. Henderson: A Johns Hopkins Partnership School (EBCS)	501(c)(3)	Baltimore, MD	$10,374,500
Aspira of Delaware Charter Operations (LAAA)	501(c)(3)	Newark, DE	$23,338,468
Union County Charter Education Association	501(c)(3)	Indian Trail, NC	$11,014,801
Wake Forest Charter Academy	501(c)(3)	Wake Forest, NC	$7,204,793
Archway Classical Academy North Phoenix	501(c)(3)	Phoenix, AZ	$7,844,935
Eastside Stream Academy	501(c)(3)	Charlotte, NC	$3,017,307
Milwaukee Scholars Charter School Incorporated	501(c)(3)	Milwaukee, WI	$8,232,598

Data update history

November 25, 2023

Posted financials

Added Form 990 for fiscal year 2021

July 19, 2023

Posted financials

Added Form 990 for fiscal year 2022

November 9, 2022

Used new vendors

Identified 1 new vendor, including

August 21, 2021

Posted financials

Added Form 990 for fiscal year 2019

June 24, 2021

Posted financials

Added Form 990 for fiscal year 2020

Nonprofit Types

SchoolsCharter schoolsK-12 schoolsCharities

Issues

Education

Characteristics

State / local levelReceives government fundingCommunity engagement / volunteeringTax deductible donationsNo full-time employees

General information

Address: 5303 Us 220 N; Summerfield, NC 27358
Metro area: Greensboro-High Point, NC
County: Guilford County, NC
Website URL: nhaschools.com/en
Phone: (616) 222-1700

IRS details

EIN: 45-5044608
Fiscal year end: June
Taxreturn type: Form 990
Year formed: 2012
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: B29: Charter Schools
NAICS code, primary: 611110: Elementary and Secondary Schools
Parent/child status: Independent

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Summerfield Charter Academy

Program areas at Summerfield Charter Academy

Who funds Summerfield Charter Academy

Personnel at Summerfield Charter Academy

Financials for Summerfield Charter Academy

Form 990s for Summerfield Charter Academy

Organizations like Summerfield Charter Academy

Nonprofits

Product

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