Nonprofit · EIN 47-5370695
DISCOVERY CHARTER SCHOOL GROUP
Tax-exempt · BAHAMA, NC 27503
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $6,557,784 | $7,324,015 | -$766,231 | $6,969,207 | $5,283,758 | $1,685,449 |
| June 30, 2024 | 990 | $5,440,276 | $6,265,690 | -$825,414 | $6,946,744 | $4,495,064 | $2,451,680 |
| June 30, 2023 | 990 | $7,366,717 | $4,867,726 | $2,498,991 | $6,163,533 | $2,886,439 | $3,277,094 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $198,970
- of which government grants
- $195,781
- Program service revenue
- $6,358,814
- 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
- $2,594,520
- Salaries, compensation and benefits (total)
- $4,431,465
- Professional fundraising fees
- $0
- Legal fees
- $16,754
- Accounting fees
- $8,588
- Occupancy
- $118,336
- Depreciation
- $447,124
- Program services (functional)
- $5,578,490
- Management and general (functional)
- $1,745,525
Balance sheet and other
- Total assets, start of year
- $6,946,744
- Total assets, end of year
- $6,969,207
- Total liabilities, end of year
- $5,283,758
- Net assets, end of year
- $1,685,449
- Land, buildings and equipment
- $2,211,785
- Net assets without donor restrictions
- $1,685,449
- Gross receipts
- $6,557,784
- Employees
- 70
- Year formed
- 2016
- 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 |
|---|---|---|---|
| Kinsey Price | Board Member Trustee or director | 1 | $0 |
| Miya Brown | Secretary Trustee or director, Officer | 1 | $0 |
| Mario Rodriguez | Vice Chair Trustee or director, Officer | 1 | $0 |
| Scott Talbert | Board Member Trustee or director | 1 | $0 |
| Jeff Faucette | Treasurer Trustee or director, Officer | 1 | $0 |
| Samantha Bagbey | Board Member Trustee or director | 1 | $0 |
| Toni Shellady | Executive Director Highest-paid employee | 40 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Cary Forsyth | Chair Trustee or director, Officer | 1.5 | $0 |
| Miya Brown | Secretary Trustee or director, Officer | 1.5 | $0 |
| Mario Rodriguez | Vice Chair Trustee or director, Officer | 1.5 | $0 |
| Scott Talbert | Member Trustee or director | 1.5 | $0 |
| Jeff Faucette | Treasurer Trustee or director, Officer | 1.5 | $0 |
| Toni Shellady | Executive Director Highest-paid employee | 40 | $0 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Toni Shellady | Executive Director Highest-paid employee | 40 | $149,511 |
| Cary Forsyth | Chair Trustee or director, Officer | 1.5 | $0 |
| Miya Brown | Secretary Trustee or director, Officer | 1.5 | $0 |
| Mario Rodriguez | Vice Chair Trustee or director, Officer | 1.5 | $0 |
| Scott Talbert | Member Trustee or director | 1.5 | $0 |
| Jeff Faucette | Treasurer Trustee or director, Officer | 1.5 | $0 |
Address and contacts
- Address (IRS master file)
- 501 ORANGE FACTORY RD, BAHAMA, NC 27503-9175
- In care of
- % CARL FORSYTH
- Mailing address (990-N for 2017)
- 5025 Pine Way Drive, Durham NC 27712
- Principal officer (990 for 2024)
- Carl Forsyth, 1305 W Club Blvd, Durham, NC 27705
- Principal officer (990-N for 2017)
- Carl Forsyth, 5025 Pine Way Drive, Durham NC 27712
- Signed the 990
- Toni Shellady, Managing Director
- Phone
- (984) 888-5504
- Return prepared by
- Rebekah Barr CPA PC
Mission
Operation of a public charter school -- Discovery Charter School. Also, provide additional support for the School.
Program accomplishments
- Operation of charter school in Durham, North Carolina, serving approximately 455 students in grades 6-8 for the fiscal year ended June 30, 2025.Expenses $5,578,490
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
- 47-5370695
- 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)
- $6,969,207
- Income (IRS master file)
- $6,557,784
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $6,557,784 | $7,324,015 | $6,969,207 | XML |
| 990 | June 2024 | $5,440,276 | $6,265,690 | $6,946,744 | IRS |
| 990 | June 2023 | $7,366,717 | $4,867,726 | $6,163,533 | XML |
| 990 | June 2022 | $3,535,265 | $3,145,921 | $2,447,239 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990-N for 2017 Officer: Carl Forsyth | June 30, 2018 | ≤ $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 47-5370695).
Questions about DISCOVERY CHARTER SCHOOL GROUP
- What is the EIN of DISCOVERY CHARTER SCHOOL GROUP?
- The employer identification number (EIN) of DISCOVERY CHARTER SCHOOL GROUP is 47-5370695.
- Is DISCOVERY CHARTER SCHOOL GROUP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to DISCOVERY CHARTER SCHOOL GROUP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DISCOVERY CHARTER SCHOOL GROUP 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 DISCOVERY CHARTER SCHOOL GROUP 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 DISCOVERY CHARTER SCHOOL GROUP 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 DISCOVERY CHARTER SCHOOL GROUP?
- The 990 for the year ended June 30, 2025 names Carl Forsyth.
- Who are the officers and directors of DISCOVERY CHARTER SCHOOL GROUP?
- The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does DISCOVERY CHARTER SCHOOL GROUP have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $6,557,784, expenses of $7,324,015 and total assets of $6,969,207 at year end.
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