Nonprofit · EIN 46-2029927
CHARTER SYSTEM FOUNDATION INC
Tax-exempt · WOODSTOCK, GA 30189
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $559,086 | $518,419 | $40,667 | $503,092 | $15,766 | $487,326 |
| June 30, 2024 | 990 | $549,455 | $557,261 | -$7,806 | $469,350 | $22,691 | $446,659 |
| June 30, 2023 | 990 | $512,407 | $721,958 | -$209,551 | $478,127 | $23,662 | $454,465 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $558,890
- of which government grants
- $130,000
- Program service revenue
- $0
- Investment income
- $196
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $20,000
- Compensation of officers, directors and key employees
- $144,782
- Other salaries and wages
- $68,100
- Salaries, compensation and benefits (total)
- $228,306
- Professional fundraising fees
- $0
- Accounting fees
- $10,036
- Travel
- $3,745
- Program services (functional)
- $441,209
- Management and general (functional)
- $65,598
- Fundraising (functional)
- $11,612
Balance sheet and other
- Total assets, start of year
- $469,350
- Total assets, end of year
- $503,092
- Total liabilities, end of year
- $15,766
- Net assets, end of year
- $487,326
- Net assets without donor restrictions
- $487,326
- Gross receipts
- $559,086
- Employees
- 2
- Volunteers
- 8
- Year formed
- 2013
- State of legal domicile
- GA
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 |
|---|---|---|---|
| DANIEL J WEBER | FORMER EXEC DIR Officer | 35 | $183,123 |
| KRISTIE BROOKS | Executive Board Trustee or director, Officer | 0.5 | $0 |
| MICHELE TAYLOR | Chairman Trustee or director, Officer | 0.5 | $0 |
| MORRIS C LEIS | Board ViceChair Trustee or director, Officer | 0.5 | $0 |
| BUBBA LONGGREAR | Director Trustee or director | 0 | $0 |
| MARC FEUERBACH | Director Trustee or director | 0 | $0 |
| FRED WILLIAMS | Director Trustee or director | 0 | $0 |
| MARTY WATERS | Director Trustee or director | 0 | $0 |
| ERIC ARENA | Executive Dir. Trustee or director, Officer | 35 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANIEL J WEBER | FORMER EXEC DIR Officer | 35 | $181,471 |
| KRISTIE BROOKS | Executive Board Trustee or director, Officer | 0.5 | $0 |
| MICHELE TAYLOR | Chairman Trustee or director, Officer | 0.5 | $0 |
| MORRIS C LEIS | Board ViceChair Trustee or director, Officer | 0.5 | $0 |
| BUBBA LONGGREAR | Director Trustee or director | 0 | $0 |
| MARC FEUERBACH | Director Trustee or director | 0 | $0 |
| FRED WILLIAMS | Director Trustee or director | 0 | $0 |
| MARTY WATERS | Director Trustee or director | 0 | $0 |
| PETER COOMBE | Director Trustee or director | 0 | $0 |
| ERIC ARENA | Executive Dir. Officer | 35 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANIEL J WEBER | Executive Dir. Officer | 35 | $178,060 |
| MORRIS C LEIS | Executive Board Trustee or director, Officer | 0.5 | $0 |
| MICHELE TAYLOR | Chairman Trustee or director, Officer | 0.5 | $0 |
| ERIC ARENA | Board ViceChair Trustee or director, Officer | 0.5 | $0 |
| KEN DYER | Director Trustee or director | 0 | $0 |
| FRED WILLIAMS | Director Trustee or director | 0 | $0 |
| MICHAEL WILLIAMS | Director Trustee or director | 0 | $0 |
| GRANT RIVERA | Director Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 105 BATTEN BOARD WAY, WOODSTOCK, GA 30189-3778
- Principal officer (990 for 2024)
- ERIC ARENA, 105 Batten Board Way, WOODSTOCK, GA 30189
- Signed the 990
- ERIC ARENA, Executive Dir.
- Phone
- (770) 354-7653
- Website
- www.charter-system.org
- Return prepared by
- Hezlep Nonprofit Advisors
Mission
The Foundation is supported by voluntary contributions from the city and county school systems that have charter systems status under Georgia law and is governed by a seven-member board comprised of system superintendents. We provide workshops for our systems to share ideas, provide training, publish a newsletter, and work with policymakers to let them know about the good work charter systems are doing.
Program accomplishments
- The Foundation provided several workshops to provide a forum for charter systems to exchange innovative ideas and to provide guidance to systems that were considering or in the process of applying to the state BOE for charter system status under Georgia law.The Foundation began development of a training program to be delivered by consultants under contract with the Foundation. The training targets local school board members, superintendents, central office staff, and school level governance team and administrators. The training focuses on school governance issues and the use of flexibility to advance student achievement.Expenses $336,661 · grants $20,000
- The Foundation arranges meetings between charter system superintendents and state policymakers to give the superintendents the opportunity to speak about the good work their systems are doing.Expenses $58,060
- The Foundation also speaks with policymakers concerning legislation that may be important to charter systems.Expenses $23,264
- The Foundation began publishing a monthly newsletter and developed a website (www.charter-system.org) to distribute information on charter systems on a variety of issues.Expenses $23,224
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
- 46-2029927
- 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 (B02)
- Assets (IRS master file)
- $503,092
- Income (IRS master file)
- $559,086
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $559,086 | $518,419 | $503,092 | IRS |
| 990 | June 2024 | $549,455 | $557,261 | $469,350 | IRS |
| 990 | June 2023 | $512,407 | $721,958 | $478,127 | XML |
| 990 | June 2022 | $465,038 | $429,508 | $690,683 | 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 46-2029927).
Questions about CHARTER SYSTEM FOUNDATION INC
- What is the EIN of CHARTER SYSTEM FOUNDATION INC?
- The employer identification number (EIN) of CHARTER SYSTEM FOUNDATION INC is 46-2029927.
- Is CHARTER SYSTEM FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to CHARTER SYSTEM FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHARTER SYSTEM FOUNDATION 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 CHARTER SYSTEM FOUNDATION INC 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 CHARTER SYSTEM FOUNDATION INC 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 CHARTER SYSTEM FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names ERIC ARENA.
- Who are the officers and directors of CHARTER SYSTEM FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 9 people; 1 received compensation from the organization, the highest $183,123 (DANIEL J WEBER, FORMER EXEC DIR).
- How much revenue does CHARTER SYSTEM FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $559,086, expenses of $518,419 and total assets of $503,092 at year end.
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