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Nonprofit · EIN 46-1445063

MOUNTAIN ISLAND CHARTER SCHOOL SOAR FOUNDATION

Tax-exempt · MOUNT HOLLY, NC 28120

Financials

$2.6M$2.7M2022$3M$2.8M2023$2.6M$2.8M2024
Revenue Expenses · by fiscal year end
Financials of MOUNTAIN ISLAND CHARTER SCHOOL SOAR FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,578,223$2,825,680-$247,457$32,504,672$30,386,298$2,118,374
June 30, 2024990$2,969,895$2,821,325$148,570$33,272,252$30,906,421$2,365,831
June 30, 2023990$2,584,052$2,724,672-$140,620$33,638,346$31,421,085$2,217,261
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$199,609
Program service revenue
$2,137,265
Investment income
$207,117
Net income from fundraising events
$34,232
Other revenue
$34,232

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Depreciation
$1,252,084
Program services (functional)
$2,791,497
Management and general (functional)
$34,183

Balance sheet and other

Total assets, start of year
$33,272,252
Total assets, end of year
$32,504,672
Total liabilities, end of year
$30,386,298
Net assets, end of year
$2,118,374
Land, buildings and equipment
$27,372,820
Net assets without donor restrictions
$2,118,374
Gross receipts
$2,612,463
Employees
0
Volunteers
100
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.

NameTitleHours / weekCompensation
Brett RhinehardtChair
Trustee or director, Officer
5$0
Eric LaForceSecretary
Trustee or director, Officer
5$0
Kimberly TadlockMember
Trustee or director
5$0
Allyson O'ReganMember
Trustee or director
5$0
Mike StraussMember
Trustee or director
5$0
Jennifer EdwardsTreasurer
Trustee or director, Officer
5$0
Kevin WileyMember
Trustee or director
5$0
Nicole SwansonMember
Trustee or director
5$0
Jenny CurryCo-Chair
Trustee or director, Officer
5$0
990 for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensation
Brett RhinehardtChair
Trustee or director, Officer
5$0
Eric LaForceMember
Trustee or director
5$0
Kimberly TadlockSecretary
Trustee or director, Officer
5$0
Allyson O'ReganMember
Trustee or director
5$0
Mike StraussMember
Trustee or director
5$0
Jenny CurryTreasurer
Trustee or director, Officer
5$0
Kevin WileyMember
Trustee or director
5$0
Nicole SwansonMember
Trustee or director
5$0
Chad StachowiczMember
Trustee or director
5$0
990 for the year ended June 30, 2023: 9 people
NameTitleHours / weekCompensation
Brett RhinehardtChair
Trustee or director, Officer
5$0
Eric LaForceMember
Trustee or director
5$0
Kimberly TadlockSecretary
Trustee or director, Officer
5$0
Allyson O'ReganMember
Trustee or director
5$0
Mike StraussMember
Trustee or director
5$0
Jenny CurryTreasurer
Trustee or director, Officer
5$0
Kevin WileyMember
Trustee or director
5$0
Nicole SwansonMember
Trustee or director
5$0
Chad StachowiczMember
Trustee or director
5$0

Address and contacts

Address (IRS master file)
13440 LUCIA RIVERBEND HWY, MOUNT HOLLY, NC 28120-9766
In care of
% PAMELA GARN
Mailing address (990-N for 2013)
13440 Lucia Riverbend Highway, Mount Holly NC 28120
Principal officer (990 for 2024)
Jenny Curry, 13440 Lucia Riverbend Highway, Mount Holly, NC 28120
Principal officer (990-N for 2013)
Brett Rhinehardt, 13440 Lucia Riverbend Hwy, Mount Holly NC 28120
Signed the 990
Jenny Curry, Co-Chair
Phone
(704) 609-2307
Return prepared by
Foard and Company PA

Mission

The foundation was created for the purpose of supporting Mountain Island Charter School by providing financial support and facilities. The foundation establishes and implements fundraising programs in support of the expansion and continuous improvement of the educational functions of the school.

990 for the year ended June 30, 2025

Program accomplishments

  • Support Mountain Island Charter School with Bus Transportation for Students.
    Expenses $2,645,399 · revenue $78,450
  • Staff and Student Support
    Expenses $146,098
  • Support Mountain Island Charter School with Facilities and Financial Support for Educational Programs.
    revenue $2,058,815

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
46-1445063
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
2013
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B11)
Assets (IRS master file)
$32,504,672
Income (IRS master file)
$2,612,463

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,578,223$2,825,680$32,504,672XML
990June 2024$2,969,895$2,821,325$33,272,252XML
990June 2023$2,584,052$2,724,672$33,638,346XML
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––IRS
990June 2018–––IRS
990-N for 2013
Officer: Brett Rhinehardt
June 30, 2014≤ $50,000 receipts––e-Postcard

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 46-1445063).

Questions about MOUNTAIN ISLAND CHARTER SCHOOL SOAR FOUNDATION

What is the EIN of MOUNTAIN ISLAND CHARTER SCHOOL SOAR FOUNDATION?
The employer identification number (EIN) of MOUNTAIN ISLAND CHARTER SCHOOL SOAR FOUNDATION is 46-1445063.
Is MOUNTAIN ISLAND CHARTER SCHOOL SOAR FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to MOUNTAIN ISLAND CHARTER SCHOOL SOAR FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MOUNTAIN ISLAND CHARTER SCHOOL SOAR FOUNDATION 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 MOUNTAIN ISLAND CHARTER SCHOOL SOAR FOUNDATION 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 MOUNTAIN ISLAND CHARTER SCHOOL SOAR FOUNDATION 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 MOUNTAIN ISLAND CHARTER SCHOOL SOAR FOUNDATION?
The 990 for the year ended June 30, 2025 names Jenny Curry.
Who are the officers and directors of MOUNTAIN ISLAND CHARTER SCHOOL SOAR FOUNDATION?
The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does MOUNTAIN ISLAND CHARTER SCHOOL SOAR FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,578,223, expenses of $2,825,680 and total assets of $32,504,672 at year end.

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