Nonprofit · EIN 27-4115066
ACADEMIC INSTITUTE OF CENTRAL CAROLINA INC
Tax-exempt · CHARLOTTE, NC 28227
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,023,399 | $1,137,580 | -$114,181 | $157,934 | $0 | $157,934 |
| December 31, 2024 | 990 | $1,297,311 | $1,062,686 | $234,625 | $272,115 | $0 | $272,115 |
| December 31, 2023 | 990 | $1,333,676 | $1,395,621 | -$61,945 | $37,490 | $0 | $37,490 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,023,399
- of which government grants
- $1,023,399
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $539,192
- Salaries, compensation and benefits (total)
- $636,680
- Professional fundraising fees
- $0
- Accounting fees
- $22,512
- Occupancy
- $48,936
- Travel
- $181,973
- Program services (functional)
- $1,046,573
- Management and general (functional)
- $91,007
Balance sheet and other
- Total assets, start of year
- $272,115
- Total assets, end of year
- $157,934
- Total liabilities, end of year
- $0
- Net assets, end of year
- $157,934
- Land, buildings and equipment
- $40,722
- Net assets without donor restrictions
- $157,934
- Gross receipts
- $1,023,399
- Employees
- 0
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kristen Johnson | Treasurer Trustee or director | 0 | $0 |
| Linda Johnson | President Officer | 0 | $0 |
| Leslie Walker | Vice President Officer | 0 | $0 |
| Sherry Caldwell | Secretary Officer | 0 | $0 |
| Joy Carpenter | Chairman Officer | 0 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Linda Johnson | President Officer | 0 | $0 |
| Leslie Walker | Vice President Officer | 0 | $0 |
| Sherry Caldwell | Secretary Officer | 0 | $0 |
| Joy Carpenter | Chairman Officer | 0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Deborah Kingsberry | Executive Dir. Trustee or director | 0 | $0 |
| Linda Johnson | President Officer | 0 | $0 |
| Leslie Walker | Vice President Officer | 0 | $0 |
| Sherry Caldwell | Secretary Officer | 0 | $0 |
| Joy Carpenter | Chairman Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 7506 E INDEPENDENCE BLVD STE 127, CHARLOTTE, NC 28227-9452
- Principal officer (990 for 2025)
- Shaquanna Jackson
- Signed the 990
- Shaquanna Jackson, Executive Director
- Phone
- (704) 536-9007
- Return prepared by
- Mindful Accounting LLC
Mission
To encourage and provide pre college services to persons who are traditionally under represented in post secondary education in Mecklenburg, Gaston and Union counties in NC. To ensure that income or family education background does not deter there preparation, entry and competition.
Program accomplishments
- Upward Bound East Program at the Academic Institute of Central Carolina provides fundamental support to participants in their preparation for college entrance and college completion. The program provides opportunities for participants to succeed in pre-college performance and ultimately in higher education pursuits. The goal of Upward Bound is to increase the rates at which participants enroll into and graduate from institutions of post-secondary education. Upward Bound supplement the student's high school experience with academic preparation, career exploration, and self-development opportunities.Expenses $287,996
- Upward Bound NorthEast strives to provide academic challenges and emotional and social support in order to raise participants' self-concept, enhance their self-development and achieve their full potential. Starting at enrollment, students are encouraged to remain in the program and to achieve success in their academic and personal development throughout their high school careers into college. Students remain in the program from the time of their acceptance starting from 9th grade until their high school graduation. When they leave the program and enroll into college, the staff still continues to track them, and provide coordinating services with other colleges on their behalf.Expenses $287,083
- Educational Opportunity Center (EOC) provides academic support and career advisement to first generation adults wanting to pursue or reenter a GED program, Adult High School Equivalency, or college programs. EOC is funded to serve the communities of Mecklenburg, Gaston, and Union counties. The major goal of EOC is to make a positive impact in communities by helping adults become employable through education.Expenses $268,114
- Educational Talent Search: ETS is a federally funded program for eligible 6th-12th grade students at no cost. Educational Talent Search provides academic support, career advisement, and financial aid counseling to eligible middle and high school students. ETS also encourages students to successfully complete each grade level, graduate from high school, and enroll into college. Educational Talent Search serves students at 5 CMS middle and 5 high schools.Expenses $203,380
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-4115066
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $157,934
- Income (IRS master file)
- $1,023,399
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,023,399 | $1,137,580 | $157,934 | XML |
| 990 | December 2024 | $1,297,311 | $1,062,686 | $272,115 | IRS |
| 990 | December 2023 | $1,333,676 | $1,395,621 | $37,490 | XML |
| 990 | December 2022 | $1,145,576 | $1,274,564 | $99,435 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-4115066).
Questions about ACADEMIC INSTITUTE OF CENTRAL CAROLINA INC
- What is the EIN of ACADEMIC INSTITUTE OF CENTRAL CAROLINA INC?
- The employer identification number (EIN) of ACADEMIC INSTITUTE OF CENTRAL CAROLINA INC is 27-4115066.
- Is ACADEMIC INSTITUTE OF CENTRAL CAROLINA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to ACADEMIC INSTITUTE OF CENTRAL CAROLINA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ACADEMIC INSTITUTE OF CENTRAL CAROLINA INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ACADEMIC INSTITUTE OF CENTRAL CAROLINA INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ACADEMIC INSTITUTE OF CENTRAL CAROLINA INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of ACADEMIC INSTITUTE OF CENTRAL CAROLINA INC?
- The 990 for the year ended December 31, 2025 names Shaquanna Jackson.
- Who are the officers and directors of ACADEMIC INSTITUTE OF CENTRAL CAROLINA INC?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does ACADEMIC INSTITUTE OF CENTRAL CAROLINA INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,023,399, expenses of $1,137,580 and total assets of $157,934 at year end.
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