Nonprofit · EIN 45-5389101
CAPITOL ENCORE ACADEMY
Tax-exempt (reinstated) · FAYETTEVILLE, NC 28301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $9,292,893 | $9,544,669 | -$251,776 | $14,815,956 | $14,587,186 | $228,770 |
| June 30, 2024 | 990 | $8,415,900 | $9,232,581 | -$816,681 | $15,191,327 | $14,632,436 | $558,891 |
| June 30, 2023 | 990 | $7,627,672 | $7,952,565 | -$324,893 | $16,498,998 | $15,123,426 | $1,375,572 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $9,168,296
- of which government grants
- $9,155,854
- Program service revenue
- $52,187
- Investment income
- $22,408
- Other revenue
- $50,002
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $4,162,119
- Salaries, compensation and benefits (total)
- $5,328,261
- Professional fundraising fees
- $0
- Legal fees
- $750
- Accounting fees
- $14,000
- Occupancy
- $692,065
- Travel
- $85,384
- Depreciation
- $526,418
- Program services (functional)
- $7,705,592
- Management and general (functional)
- $1,839,077
Balance sheet and other
- Total assets, start of year
- $15,191,327
- Total assets, end of year
- $14,815,956
- Total liabilities, end of year
- $14,587,186
- Net assets, end of year
- $228,770
- Land, buildings and equipment
- $10,668,179
- Net assets without donor restrictions
- -$898,647
- Net assets with donor restrictions
- $1,127,417
- Gross receipts
- $9,292,893
- Employees
- 156
- Volunteers
- 5
- Year formed
- 2012
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WENDY HUSTWIT | PRESIDENT Trustee or director, Officer | 0.25 | $0 |
| ROCIO SERNA | VICE PRESIDENT Trustee or director, Officer | 0.25 | $0 |
| ROBERT JASON POOLE | TREASURER Trustee or director, Officer | 0.25 | $0 |
| ULYSSES TAYLOR | SECRETARY Trustee or director, Officer | 0.25 | $0 |
| JEREMY FIEBIG | MEMBER Trustee or director | 0.25 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WENDY HUSTWIT | PRESIDENT Trustee or director, Officer | 0.25 | $0 |
| ROCIO SERNA | VICE PRESIDENT Trustee or director, Officer | 0.25 | $0 |
| ROBERT JASON POOLE | TREASURER Trustee or director, Officer | 0.25 | $0 |
| ULYSSES TAYLOR | SECRETARY Trustee or director, Officer | 0.25 | $0 |
| JEREMY FIEBIG | MEMBER Trustee or director | 0.25 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WENDY HUSTWIT | PRESIDENT Trustee or director, Officer | 1 | $0 |
| ROCIO SERNA | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| ROBERT JASON POOLE | TREASURER Trustee or director, Officer | 1 | $0 |
| ULYSSES TAYLOR | SECRETARY Trustee or director, Officer | 1 | $0 |
| JEREMY FIEBIG | MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 126 HAY ST, FAYETTEVILLE, NC 28301-5650
- In care of
- % ROBERT POOLE II
- Principal officer (990 for 2024)
- WENDY HUSTWIT, 126 HAY STREET, FAYETTEVILLE, NC 28301
- Signed the 990
- WENDY HUSTWIT, PRESIDENT
- Phone
- (910) 849-0888
- Website
- WWW.CAPITOLENCOREACADEMY.ORG
- Return prepared by
- SHARPE PATEL CPA
Mission
THE CAPITOL ENCORE ACADEMY WILL DEVELOP ARTISTS WHO INSPIRE OTHERS WITH PRINCIPLES OF DESIGN AND ARTFUL THINKING THROUGH THE INTEGRATION OF ACADEMIC EXCELLENCE, VIRTUOUS CHARACTER, AND DISCIPLINED ARTISTRY.
Program accomplishments
- OPERATED AS A PUBLIC CHARTER SCHOOL FOCUSED ON THE ARTS IN FAYETTEVILLE, NC, SERVING APPROXIMATELY 856 STUDENTS FOR THE FISCAL YEAR ENDED JUNE 30, 2025.Expenses $7,705,592 · revenue $102,189
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 45-5389101
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $14,815,956
- Income (IRS master file)
- $9,292,893
Revocation and reinstatement
- Exemption revoked
- November 15, 2014
- Posted by the IRS
- March 9, 2015
- Reinstated
- Effective November 15, 2014
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $9,292,893 | $9,544,669 | $14,815,956 | IRS |
| 990 | June 2024 | $8,415,900 | $9,232,581 | $15,191,327 | XML |
| 990 | June 2023 | $7,627,672 | $7,952,565 | $16,498,998 | XML |
| 990 | June 2022 | $6,389,644 | $6,357,479 | $43,108,466 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 45-5389101).
Questions about CAPITOL ENCORE ACADEMY
- What is the EIN of CAPITOL ENCORE ACADEMY?
- The employer identification number (EIN) of CAPITOL ENCORE ACADEMY is 45-5389101.
- Is CAPITOL ENCORE ACADEMY tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2014 and reinstated it effective November 15, 2014.
- Are donations to CAPITOL ENCORE ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CAPITOL ENCORE ACADEMY 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 CAPITOL ENCORE ACADEMY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CAPITOL ENCORE ACADEMY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CAPITOL ENCORE ACADEMY?
- The 990 for the year ended June 30, 2025 names WENDY HUSTWIT.
- Who are the officers and directors of CAPITOL ENCORE ACADEMY?
- The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does CAPITOL ENCORE ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $9,292,893, expenses of $9,544,669 and total assets of $14,815,956 at year end.
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