2024-05-02T09:22:44-04:00 2023-06-30 844233121 SHARPE PATEL CPA 325 ARLINGTON AVE STE 630 CHARLOTTE NC 28203 990 2022-07-01 311601003 ROCKY MOUNT PREPARATORY SCHOOL INC ROCK 2524439923 3334 BISHOP ROAD ROCKY MOUNT NC 27804 HEATHER COLLINS SUPERINTENDENT 2524439923 2024-05-01 true HEATHER COLLINS 999009999 true MEGAN A RIDGLEY CPA P01317611 7044993893 2024-05-01 2022 2023-04-26 12:10:37Z EDMUND KEEN GRAVELY JR 3334 BISHOP ROAD ROCKY MOUNT NC 27804 11590744 false X HTTP://WWW.ROCKYMOUNTPREP.ORG X 1998 NC OPERATION OF A NORTH CAROLINA CHARTER SCHOOL. 5 5 219 5 0 2373775 11419938 8583495 31054 5981 5894 106933 133858 11070184 11590744 0 0 6662506 7063235 0 0 5017955 4993528 11680461 12056763 -610277 -466019 8425694 7423697 3338448 3094507 5087246 4329190 X ROCKY MOUNT CHARTER IS A TUITION FREE INDEPENDENT PUBLIC CHARTER SCHOOL DEDICATED TO PROVIDING AN ACADEMIC COLLEGE PREPARATORY EDUCATION SUPPORTED BY A BALANCED PROGRAM OF RIGOROUS ACADEMICS, ARTS, ATHLETICS, EXPERIMENTAL LEARNING OPPORTUNITIES, AND COMMUNITY SERVICE. THE SHARED VALUES OF THE SCHOOL COMMUNITY ENCOURAGE STUDENTS TO REACH THEIR FULL POTENTIAL INTELLECTUALLY, PHYSICALLY, EMOTIONALLY, AND SOCIALLY. OUR ULTIMATE ENDEAVOR IS FOR ALL OF OUR COLLEGE TRACK STUDENTS TO MATRICULATE TO FOUR- YEAR INSTITUTIONS OF HIGHER LEARNING, AND FOR THOSE IN THE OCCUPATIONAL COURSE OF STUDY (OCS)PROGRAM TO ACQUIRE GAINFUL EMPLOYMENT UPON GRADUATION. false false 9291974 31054 OPERATED AS A CHARTER SCHOOL IN ROCKY MOUNT, NC SERVING APPROXIMATELY 960 STUDENTS IN GRADES K-12 FOR THE FISCAL YEAR ENDING 06/30/23. 9291974 true true false false false false false false false false true false false false true false true false true false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 26 0 true 219 true false false false false false false false false false false false false false false X 5 5 false false false false false false false true true false false true true true true false false true true false X ACADIA NORTHSTAR LLC 9199547040 5029 FALLS OF NEUSE RD RALEIGH NC 27609 NASHETT GARRETT SUPERINTENDE 40.00 X 143976 0 0 TANIKA BRYANT MEMBER 1.00 X 0 0 0 CHARLES DAVIS MEMBER 1.00 X 0 0 0 EDMUND KEEN GRAVELY JR CHAIRMAN 1.00 X X 0 0 0 JEAN KITCHIN VICE CHAIRMA 1.00 X X 0 0 0 SHELAYNA PARKER MEMBER 1.00 X 0 0 0 HEATHER COLLINS SUPERINTENDE 1.00 X 0 0 0 143976 1 false false false POYNER SPRUILL LLP 301 FAYETTEVILLE ST SUITE 1900 RALEIGH NC 27601 LEGAL 114384 1 11419889 49 11419938 STUDENT ACTIVITIES AND FEES 611710 28374 28374 LUNCH REVENUE 611710 2680 2680 31054 5894 5894 4654 4654 4654 VARIOUS 900099 86518 86518 TAX REFUNDS 900099 42686 42686 129204 11590744 160258 10548 X 143976 143976 5965726 4653266 1312460 18203 14198 4005 477242 372249 104993 458088 357309 100779 116970 91237 25733 21700 16926 4774 2150629 1677491 473138 99444 77566 21878 31521 24586 6935 312886 244051 68835 420626 328089 92537 62559 48796 13763 122280 95378 26902 398864 311114 87750 62887 49052 13835 ADMINISTRATIVE 573174 447076 126098 BOOKS & SUPPLIES 435341 339566 95775 NON-CAP EQUIPMENT 117373 91551 25822 STAFF DEVELOPMENT 45578 35551 10027 21696 16922 4774 12056763 9291974 2764789 0 2789031 2127750 300000 300000 363781 378824 47711 14910556 10411520 4972882 4499036 70376 8425694 7423697 208946 233012 3000000 2600000 129502 187603 73892 3338448 3094507 X 5087246 4329190 5087246 4329190 8425694 7423697 X -466019 -276231 -15806 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 376200 376200 11107876 7079419 4028457 3306000 3211621 94379 120480 120480 4499036 LEASE LIABILITY 73892 73892 11590744 11590744 11590744 12072569 71411 71411 12001158 55605 55605 12056763 SCHEDULE D, PAGE 4, PART XII, LINE 2D GASB 87 ADJ-LEASE AMORTIZATION EXPENSE 56,302 GASB 87 ADJ -LEASE INTEREST 15,109 SCHEDULE D, PAGE 4, PART XII, LINE 4B RENT EXPENSE 55,605 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 ROCKY MOUNT PREPARATORY SCHOOL, INC. OPERATES AS A PUBLIC CHARTER SCHOOL AND IS FUNDED BY THE STATE OF NORTH CAROLINA AND LOCAL GOVERNMENT. NORTH CAROLINA REQUIRES A POLICY OF NONDISCRIMINATION AND THE SCHOOL'S NONDISCRIMINATION POLICY IS DISCLOSED IN ALL SOLICITATIONS FOR STUDENTS. SCHEDULE E, LINE 6 6A) NORTH CAROLINA CHARTER SCHOOL, FUNDED BY STATE & LOCAL GOVERNMENT. ALSO RECEIVES VARIOUS FEDERAL AND STATE GRANTS. A NC CAPITAL FACILITIES FINANCE(BB&T) SERIES 2007 REVENUE BONDS 561592154 65818PFM6 2007-09-26 6500000 REFINANCE & CONSTRUCTION OF CHARTER SCHOOL false false false A 3500000 6500000 130000 83349 6286651 2008 true false true true A false false false false false false true A false false true false true false false false true A false PURPOSE OF ISSUE DESCRIPTION NC CAPITAL FACILITIES FINANCE(BB&T) REFINANCE & CONSTRUCTION OF CHARTER SCHOOL FORM 990 - ORGANIZATION'S MISSION ROCKY MOUNT CHARTER IS A TUITION FREE INDEPENDENT PUBLIC CHARTER SCHOOL DEDICATED TO PROVIDING AN ACADEMIC COLLEGE PREPARATORY EDUCATION SUPPORTED BY A BALANCED PROGRAM OF RIGOROUS ACADEMICS, ARTS, ATHLETICS, EXPERIMENTAL LEARNING OPPORTUNITIES, AND COMMUNITY SERVICE. THE SHARED VALUES OF THE SCHOOL COMMUNITY ENCOURAGE STUDENTS TO REACH THEIR FULL POTENTIAL INTELLECTUALLY, PHYSICALLY, EMOTIONALLY, AND SOCIALLY. OUR ULTIMATE ENDEAVOR IS FOR ALL OF OUR COLLEGE TRACK STUDENTS TO MATRICULATE TO FOUR- YEAR INSTITUTIONS OF HIGHER LEARNING, AND FOR THOSE IN THE OCCUPATIONAL COURSE OF STUDY (OCS)PROGRAM TO ACQUIRE GAINFUL EMPLOYMENT UPON GRADUATION. FORM 990, PAGE 6, PART VI, LINE 11B BOARD TREASURER REVIEWS THE 990 WITH THE FINANCE DIRECTOR. IT IS THEN PRESENTED TO THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD OF DIRECTORS REVIEWS THE POLICY ANNUALLY. IF ANY CONFLICTS ARISE THEY ARE REVIEWED AND RESOLVED BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS APPROVES COMPENSATION FOR THE TOP MANAGEMENT OFFICIAL AND COMPENSATION IS BASED ON COMPARABILITY DATA. FORM 990, PAGE 6, PART VI, LINE 15B KEY EMPLOYEE SALARIES ARE BASED ON COMPARABILITY DATA. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, SCHOOL POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR VIEWING BY THE PUBLIC AT THE ORGANIZATION'S OFFICE UPON REQUEST. FORM 990, PART IX, LINE 11G 1,677,491 473,138 0 FORM 990, PART XI, LINE 9 GASB 87 ADJ-LEASE AMORTIZATION EXPENSE -56,302 GASB 87 ADJ -LEASE INTEREST -15,109 RENT EXPENSE 55,605 TOTAL -15,806