Nonprofit · EIN 46-5411636
VIRTUS ACADEMY OF SOUTH CAROLINA
Also known as VIRTUS ACADEMY
Tax-exempt (reinstated) · FLORENCE, SC 29501
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $10,477,701 | $10,609,727 | -$132,026 | $29,714,783 | $26,386,113 | $3,328,670 |
| June 30, 2024 | 990 | $10,161,947 | $10,061,945 | $100,002 | $30,310,550 | $26,849,854 | $3,460,696 |
| June 30, 2023 | 990 | $8,045,087 | $6,658,377 | $1,386,710 | $16,728,153 | $13,367,459 | $3,360,694 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $10,058,780
- of which government grants
- $10,017,832
- Program service revenue
- $190,703
- Investment income
- $228,218
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $5,035,508
- Salaries, compensation and benefits (total)
- $6,030,027
- Professional fundraising fees
- $0
- Legal fees
- $88,880
- Accounting fees
- $180,818
- Occupancy
- $430,966
- Travel
- $23,865
- Depreciation
- $589,733
- Program services (functional)
- $6,999,967
- Management and general (functional)
- $3,609,760
Balance sheet and other
- Total assets, start of year
- $30,310,550
- Total assets, end of year
- $29,714,783
- Total liabilities, end of year
- $26,386,113
- Net assets, end of year
- $3,328,670
- Land, buildings and equipment
- $21,620,608
- Gross receipts
- $10,477,701
- Employees
- 154
- Volunteers
- 50
- Year formed
- 2013
- State of legal domicile
- SC
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 |
|---|---|---|---|
| BRIAN CARPENTER | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $85,715 |
| MICAHEL COOK | MEMBER AT LARGE Trustee or director | 2 | $0 |
| MEREDITH COTTON | MEMBER AT LARGE Trustee or director | 2 | $0 |
| SCOTT KOZACKI | MEMBER AT LARGE Trustee or director | 2 | $0 |
| RON ROBERTS | MEMBER AT LARGE Trustee or director | 2 | $0 |
| DR THOMAS DUCEY | BOARD CHAIRMAN Trustee or director, Officer | 2 | $0 |
| CARLOS WASHINGTON | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 |
| MACHELL SPRAUVE | SECRETARY Trustee or director, Officer | 2 | $0 |
| LINDEY PRIVETTE | TREASURER Trustee or director, Officer | 2 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRIAN CARPENTER | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $250,000 |
| JOHN ATKINS | MEMBER AT LARGE Trustee or director | 2 | $0 |
| MEREDITH COTTON | MEMBER AT LARGE Trustee or director | 2 | $0 |
| SCOTT KOZACKI | MEMBER AT LARGE Trustee or director | 2 | $0 |
| RON ROBERTS | MEMBER AT LARGE Trustee or director | 2 | $0 |
| DR THOMAS DUCEY | BOARD CHAIRMAN Trustee or director, Officer | 2 | $0 |
| CARLOS WASHINGTON | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 |
| MACHELL SPRAUVE | SECRETARY Trustee or director, Officer | 2 | $0 |
| LINDEY PRIVETTE | TREASURER Trustee or director, Officer | 2 | $0 |
990 for the year ended June 30, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHEMEKIA NERO | PRINCIPAL Officer | 40 | $92,196 |
| DON STRICKLAND | MEMBER AT LARGE Trustee or director | 2 | $0 |
| GLENN HILL | MEMBER AT LARGE Trustee or director | 2 | $0 |
| SCOTT KOZACKI | MEMBER AT LARGE Trustee or director | 2 | $0 |
| AMANDA TYNER | MEMBER AT LARGE Trustee or director | 2 | $0 |
| LES ECHOLS | MEMBER AT LARGE Trustee or director | 2 | $0 |
| DR THOMAS DUCEY | BOARD CHAIRMAN Trustee or director, Officer | 2 | $0 |
| CARLOS WASHINGTON | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 |
| JOHN ATKINS | SECRETARY Trustee or director, Officer | 2 | $0 |
| STACY COLEMAN | TREASURER Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 2407 PISGAH RD, FLORENCE, SC 29501-7116
- In care of
- % BILL PICKLE
- Principal officer (990 for 2024)
- LINDSAY PRIVETTE, 2407 PISGAH ROAD, FLORENCE, SC 29501
- Signed the 990
- TONI BRANDT, CEO
- Phone
- (843) 799-4032
- Website
- VIRTUSACADEMYSC.ORG
- Return prepared by
- MARTIN SMITH & COMPANY CPAS PA
Mission
VIRTUS ACADEMY WILL ADVANCE STUDENT ACHIEVEMENT BY PREPARING STUDENTS FOR CIVIC AND CAREER SUCCESS THORUGH RIGOROUS ACADEMICS, LEADERSHIP DEVELOPMENT, AND PROJECT-BASED LEARNING.
Program accomplishments
- VIRTUS ACADEMY ENROLLED APPROXIMATELY 745 STUDENTS DURING THE 2024-25 SCHOOL YEAR, WHICH WAS ITS SEVENTH YEAR AS A PUBLIC CHARTER SCHOOL SERVING STUDENTS IN KINDERGARTEN THROUGH GRADE 11Expenses $6,999,967 · revenue $190,703
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
- 46-5411636
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W99)
- Assets (IRS master file)
- $29,714,783
- Income (IRS master file)
- $10,477,701
Revocation and reinstatement
- Exemption revoked
- September 15, 2016
- Posted by the IRS
- December 12, 2016
- Reinstated
- Effective September 15, 2016
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 | $10,477,701 | $10,609,727 | $29,714,783 | XML |
| 990 | June 2024 | $10,161,947 | $10,061,945 | $30,310,550 | IRS |
| 990 | June 2023 | $8,045,087 | $6,658,377 | $16,728,153 | XML |
| 990 | June 2022 | $7,187,455 | $6,524,919 | $15,699,579 | 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 46-5411636).
Questions about VIRTUS ACADEMY OF SOUTH CAROLINA
- What is the EIN of VIRTUS ACADEMY OF SOUTH CAROLINA?
- The employer identification number (EIN) of VIRTUS ACADEMY OF SOUTH CAROLINA is 46-5411636.
- Is VIRTUS ACADEMY OF SOUTH CAROLINA tax-exempt?
- Yes. The IRS revoked its exemption on September 15, 2016 and reinstated it effective September 15, 2016.
- Are donations to VIRTUS ACADEMY OF SOUTH CAROLINA tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VIRTUS ACADEMY OF SOUTH CAROLINA 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 VIRTUS ACADEMY OF SOUTH CAROLINA 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 VIRTUS ACADEMY OF SOUTH CAROLINA 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 VIRTUS ACADEMY OF SOUTH CAROLINA?
- The 990 for the year ended June 30, 2025 names LINDSAY PRIVETTE.
- Who are the officers and directors of VIRTUS ACADEMY OF SOUTH CAROLINA?
- The 990 for the year ended June 30, 2025 lists 9 people; 1 received compensation from the organization, the highest $85,715 (BRIAN CARPENTER, EXECUTIVE DIRECTOR).
- How much revenue does VIRTUS ACADEMY OF SOUTH CAROLINA have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $10,477,701, expenses of $10,609,727 and total assets of $29,714,783 at year end.
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