2024-04-25T11:08:45-05:00 2023-06-30 561220683 POTTER & COMPANY PA 434 COPPERFIELD BLVD NE STE A CONCORD NC 28025 990 2022-07-01 800467949 MOUNTAIN ISLAND CHARTER SCHOOL MOUN 7048278840 13440 LUCIA RIVERBEND HIGHWAY MOUNT HOLLY NC 28120 GLENN BYRUM EXECUTIVE DIRECTOR 7048278840 2024-04-25 1 GLENN BYRUM 999009999 0 KENNI E DOYLE CPA P01353112 7047868189 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z GLENN BYRUM 13440 LUCIA RIVERBEND HIGHWAY MOUNT HOLLY NC 28120 17955804 0 X WWW.MICHARTER.ORG X 2009 NC TO OPERATE A CHARTER SCHOOL IN NORTH CAROLINA 10 10 264 255 0 0 17095908 16625238 628803 977427 0 99912 0 253227 17724711 17955804 0 0 0 0 0 0 0 0 0 16598296 17867401 16598296 17867401 1126415 88403 11409823 11540446 949208 991510 10460615 10548936 TO OPERATE A CHARTER SCHOOL IN NORTH CAROLINA 0 0 17867401 1230654 PROVIDE FACILITIES, TEACHERS AND MATERIALS TO STUDENTS ENROLLED AT A PUBLIC CHARTER SCHOOL 17867401 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 18 0 264 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 X BEARMAN CPA 9105080636 4918 OLEANDER DR WILMINGTON NC 28403 KELLY DEMPSEY BOARD MEMBER 5.00 X X 0 0 0 ERIC LAFORCE BOARD MEMBER 5.00 X 0 0 0 RICHARD ZINNO BOARD MEMBER 5.00 X 0 0 0 KEVIN WILEY BOARD MEMBER 5.00 X 0 0 0 KIM LEPPERT BOARD MEMBER 5.00 X 0 0 0 KELLY LOVING BOARD MEMBER 5.00 X 0 0 0 STEPHANIE SHERER BOARD MEMBER 5.00 X 0 0 0 CHAD STACHOWICZ BOARD MEMBER 5.00 X 0 0 0 RODWARD HEWLIN BOARD MEMBER 5.00 X 0 0 0 ALAN VANEVENHOVEN BOARD MEMBER 5.00 X 0 0 0 PATRICK MCGREW BOARD MEMBER 5.00 X 0 0 0 GLENN BYRUM EXECUTIVE DIRECTOR 55.00 X 119545 0 24306 119545 0 24306 1 0 0 0 0 16458166 167072 16625238 SCHOOL FOOD SERVICE 611110 418583 418583 ATHLETICS 611110 192979 192979 STUDENT ACTIVITIES 611110 185844 185844 BEFORE AND AFTER SCHOOL CARE 611110 180021 180021 977427 99912 99912 MISCELLANEOUS 611110 93721 93721 SALES TAX 611110 90961 90961 ERC 611110 68545 68545 253227 17955804 1230654 0 99912 INSTRUCTIONAL EXPENSE 13036607 13036607 SUPPORT SERVICES 4354600 4354600 NUTRITION EXPENSE 418583 418583 CHILD CARE EXPENSES 57611 57611 17867401 17867401 0 0 5044223 5923936 735953 2054 8572597 2958141 5629647 5614456 11409823 11540446 714429 767573 234779 223937 949208 991510 X 0 0 5629637 5614456 4830978 4934480 10460615 10548936 11409823 11540446 X 88403 -82 X X 0 1 X 1 1 1 X 6080555 1723786 4356769 2492042 1234355 1257687 5614456 COMPENSATED ABSENCES 223937 223937 X 20572612 2616808 2616808 17955804 0 17955804 20624829 2757428 2757428 17867401 0 17867401 PART X, LINE 2: THE SCHOOL HAS ADOPTED ASC 740-10 AS IT RELATES TO UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED JUNE 30, 2023, AND HAS EVALUATED ITS TAX POSITIONS TAKEN FOR ALL OPEN TAX YEARS. HOWEVER, THE SCHOOL IS NOT CURRENTLY UNDER AUDIT NOR HAS THE SCHOOL BEEN CONTACTED BY THESE JURISDICTIONS. BASED ON THE EVALUATION OF THE SCHOOLS TAX POSITIONS, MANAGEMENT BELIEVES ALL POSITIONS TAKEN WOULD BE UPHELD UNDER AN EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED FOR THE YEAR END JUNE 30, 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: SOAR FOUNDATION - BLENDED COMPONENT UNIT 2,616,808. PART XII, LINE 2D - OTHER ADJUSTMENTS: SOAR FOUNDATION - BLENDED COMPONENT UNIT 2,757,428. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE POLICY IS INCLUDED IN THE ORGANIZATION'S STATEMENT OF PURPOSE. SCHEDULE E, PART I, LINE 4 THE ORGANIZATION IS A PUBLIC CHARTER SCHOOL; THEREFORE, IT DOES NOT OFFER SCHOLARSHIPS OR FINANCIAL AID SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES FEDERAL AND STATE ASSISTANCE THROUGH THE STATE BOARD OF EDUCATION. X X 0 0 0 0 0 0 0 0 0 PART I, LINE 3 COMPENSATION OF THE EXECUTIVE DIRECTOR IS APPROVED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE 990 RETURN WAS PRESENTED TO THE BOARD OF DIRECTORS AT THEIR REGULARLY SCHEDULED MEETING FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C EACH MEMBER OF THE BOARD OF DIRECTORS SIGNS A CONFLICT OF INTEREST POLICY EACH YEAR FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS REVIEWED COMPARABLE SALARY DATA TO DETERMINE HEAD OF SCHOOL'S SALARY FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S OFFICE UPON REQUEST. ORGANIZATION STAFF ARE AVAILABLE TO PROVIDE SUPERVISION AND ANSWER ANY QUESTIONS THE INQUIRING PARTY MAY HAVE. FORM 990, PART XI, LINE 9: ROUNDING ADJUSTMENT -82. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. MOUNTAIN ISLAND CHARTER SCHOOL SOAR FOUNDATION 14516 LUCIA RIVERBEN HIGHWAY MOUNT HOLLY NC 28120 461443063 LEASE SCHOOL FACILITIES NC 501 (C) (3) N/A 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 MOUNTAIN ISLAND CHARTER SCHOOL SOAR FOUNDATION D 30182503 LOAN GUARANTEE MOUNTAIN ISLAND CHARTER SCHOOL SOAR FOUNDATION K 2185280 LEASE PAYMENTS