2024-04-18T11:57:44-04:00 2023-06-30 844233121 SHARPE PATEL CPA 325 ARLINGTON AVE STE 630 CHARLOTTE NC 28203 990 2022-07-01 842705446 TELRA INSTITUTE INC TELR 7047272530 4150 MCKEE RD CHARLOTTE NC 28270 RONAK BHATT CHANCELLOR 7047272530 2023-02-15 true RONAK BHATT 999009999 true MEGAN A RIDGLEY CPA P01317611 7044993893 2024-02-15 2022 2023-04-26 12:10:37Z RONAK BHATT 4150 MCKEE RD CHARLOTTE NC 28270 5108323 false X TELRA.ORG X THE PURPOSE OF TELRA INSTITUTE, INC. IS TO NOURISH THE MINDS AND BODIES OF STUDENTS WITH A RIGOROUS, DIFFERENTIATED EDUCATIONAL ENVIRONMENT THAT CULTIVATES THE INTELLECTUAL, ACADEMIC, SOCIAL, AND EMOTIONAL SKILLS THAT ENABLE HIGHLY GIFTED CHILDREN TO ACHIEVE THEIR FULL POTENTIAL. 5 5 79 15 0 2984233 4904601 94244 74760 1514 0 49199 128962 3129190 5108323 0 0 1663978 2781165 0 0 2351160 3268689 4015138 6049854 -885948 -941531 15592635 19725479 16545228 22380481 -952593 -2655002 X THE PURPOSE OF TELRA INSTITUTE, INC. IS TO NOURISH THE MINDS AND BODIES OF STUDENTS WITH A RIGOROUS, DIFFERENTIATED EDUCATIONAL ENVIRONMENT THAT CULTIVATES THE INTELLECTUAL, ACADEMIC, SOCIAL, AND EMOTIONAL SKILLS THAT ENABLE HIGHLY GIFTED CHILDREN TO ACHIEVE THEIR FULL POTENTIAL. false false 3562014 74760 OPERATED AS A SCHOOL IN NORTH CAROLINA SERVING APPROXIMATLEY 461 STUDENTS DURING THE FISCAL YEAR. 3562014 true true false false false false false false false false true false false false true false true false true false false false false 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 8 0 true 79 true false false false false false false false false false false false false false false X 5 5 false false false false false false false true true false false true true true true true true false false false X RONAK BHATT 7047272530 4150 MCKEE RD CHARLOTTE NC 28270 X RONAK BHATT CHANCELLOR 60.00 0.00 X 32050 0 73333 GEORGE BALDWIN TREASURER 2.00 X X 0 0 0 DR ERIN FITZPATRICK BOARD MEMBER 2.00 X 0 0 0 DR ERIC M GAMBLE BOARD MEMBER 2.00 X 0 0 0 DR MICHAEL MATHEWS CHAIR 2.00 X X 0 0 0 JAMES TIETJEN BOARD MEMBER 2.00 X 0 0 0 32050 73333 false false false 20963 4883638 4904601 STUDENT ACTIVITIES AND FEES 611600 74760 74760 74760 32654 32654 32654 32654 15436 15436 SALES TAX REBATE 900099 39947 39947 MISCELLANEOUS 900099 29448 29448 INSURANCE SETTLEMENT 900099 10920 10920 557 557 80872 5108323 155632 32654 32050 18877 13173 2414148 1421934 992214 306 180 126 154824 91191 63633 179837 105924 73913 442324 260529 181795 5983 3524 2459 19188 11302 7886 102738 60513 42225 2032692 1197255 835437 11511 6780 4731 8664 5103 3561 137 81 56 4013 1013 3000 25101 14784 10317 NON-CAPITALIZED EQUIPMENT 286675 168852 117823 BOOKS AND SUPPLIES 216332 127420 88912 ADMINISTRATIVE EXPENSES 113331 66752 46579 6049854 3562014 2487840 0 151104 172989 78325 44489 2285 4912 70125 5098 9040 65027 15351881 19438062 15592635 19725479 20529 44643 25346 16524699 22310492 16545228 22380481 X -952593 -2655002 -952593 -2655002 15592635 19725479 X -941531 -760878 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 70125 5098 65027 65027 LEASE LIABILITY 21503433 NOTE PAYABLE 772444 ACCRUED INTEREST - LEASE 34615 22310492 5108323 5108323 5108323 6810732 2244377 2244377 4566355 1483499 1483499 6049854 SCHEDULE D, PAGE 4, PART XII, LINE 2D LEASE AMORTIZATION EXPENSE 668,357 LEASE INTEREST 1,576,020 SCHEDULE D, PAGE 4, PART XII, LINE 4B BUILDING RENT EXPENSE 1,483,499 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 TELRA INSTITUTE INC OPERATES AS A PUBLIC CHARTER SHCOOL AND IS FUNDED BY THE STATE OF NORTH CAROLINA AND LOCAL GOVERNMENT. NORTH CAROLINA REQUIRES A POLICY OF NONDISCRIMINATION AND THE SCHOOLS NONDISCRIMINATION POLICY IS DISCLOSED IN ALL SOLISITATIONS FOR STUDENTS. SCHEDULE E, LINE 6 TELRA INSTITUTE INC IS ORGANIZED AS A PUBLIC CHARTER SCHOOL UNDER NORTH CAROLINA GENERAL STATUTE 115-C-238 29A. ACCORDINGLY, IT RECEIVED BOTH FEDERAL AND STATE FUNDING AS ITS PRIMARY MEANS OF SUPPORT. COUPON BOOK SAL 15436 15436 15436 15436 15436 FORM 990 - ORGANIZATION'S MISSION THE PURPOSE OF TELRA INSTITUTE, INC. IS TO NOURISH THE MINDS AND BODIES OF STUDENTS WITH A RIGOROUS, DIFFERENTIATED EDUCATIONAL ENVIRONMENT THAT CULTIVATES THE INTELLECTUAL, ACADEMIC, SOCIAL, AND EMOTIONAL SKILLS THAT ENABLE HIGHLY GIFTED CHILDREN TO ACHIEVE THEIR FULL POTENTIAL. FORM 990, PAGE 6, PART VI, LINE 11B THE RETURN IS PROVIDED TO THE BOARD CHANCELLOR FOR REVIEW PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST AND WHISLEBLOWER POLICY. FORM 990, PAGE 6, PART VI, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC FORM 990, PART VII THE SCHOOL'S CHANCELLOR RONAK BHATT RECEIVED LOAN INTEREST OF 10,972.50 FOR A LOAN TO THE SCHOOL IN ADDITION TO HIS COMPESATION REPORTED ON FORM W-2. FORM 990, PART XI, LINE 9 LEASE AMORTIZATION EXPENSE -668,357 LEASE INTEREST -1,576,020 BUILDING RENT EXPENSE 1,483,499 TOTAL -760,878 TELRA SUPPORTING ORGANIZATION INC 5803 SUMMERSTON PLC CHARLOTTE NC 28277 852744858 REAL ESTAT NC 501C3 12B TELRA INST false false false true false false false false false false false false false false false false false false false false TELRA SUPPORTING ORGANIZATION C 20963 FMV