2025-09-25T08:49:14-05:00 2024-06-30 844233121 SHARPE PATEL CPA 5510 SIX FORKS ROAD SUITE 140 RALEIGH NC 27609 990 2023-07-01 813838227 MONROE CHARTER ACADEMY MONR 9802103627 2850 OLD CHARLOTTE HWY MONROE NC 28110 ERIC HALL BOARD CHAIR 9802103627 2025-08-13 1 1 REBECCA FISHER P01690017 7044993893 2025-08-13 2023 2025-03-06 01:10:19Z ERIC HALL 2850 OLD CHARLOTTE HWY MONROE NC 28110 2204143 0 X MONROECHARTERACADEMY.ORG X 2016 NC TO DEVELOP EACH CHILD INTO AN ACADEMICALLY THRIVING CITIZEN BY PARTNERING WITH PARENTS AND THE COMMUNITY, UTILIZING HIGH EXPECTATIONS AND A RIGOROUS CLASSICAL EDUCATION DELIVERED WITH PURPOSEFUL AND SPIRITED DEVOTION. 7 7 37 7 0 0 1666603 2183202 6164 4162 0 0 121266 16779 1794033 2204143 0 0 0 0 821113 920242 0 0 0 969784 1197698 1790897 2117940 3136 86203 371457 337143 351635 231118 19822 106025 TO DEVELOP EACH CHILD INTO AN ACADEMICALLY THRIVING CITIZEN BY PARTNERING WITH PARENTS AND THE COMMUNITY, UTILIZING HIGH EXPECTATIONS AND A RIGOROUS CLASSICAL EDUCATION DELIVERED WITH PURPOSEFUL AND SPIRITED DEVOTION. 0 0 1577571 20941 OPERATED AS A CHARTER SCHOOL IN MONROE, NORTH CAROLINA, SERVING APPROXIMATELY 154 STUDENTS FOR THE FISCAL YEAR ENDING 6/30/2024. 1577571 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 37 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ACADIA NORTHSTAR LLC 9199547040 5029 FALLS OF NEUSE RD RALEIGH NC 27609 X JIM STEGALL CHAIR 1.00 X X 0 0 0 DR REVEREND ROBERT JAMES LIGHTSEY VICE CHAIR 1.00 X X 0 0 0 MARCIA JETER TREASURER 1.00 X X 0 0 0 ERIC HALL SECRETARY 1.00 X X 0 0 0 WILLIE OWENS BOARD MEMBER 1.00 X 0 0 0 TERAE HILL BOARD MEMBER 1.00 X 0 0 0 FELICIA RATLIFF BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 THE SUPERLATIVE CLUB LLC 1532 PINEVILLE MATTHEWS DRIVE CHARLOTTE NC 28270 EDUCATIONAL 120886 1 2163427 19775 2183202 STUDENT ACTIVITIES 611600 4162 4162 4162 SALES TAX REBATE 900099 9223 9223 MISCELLANEOUS 900099 7556 7556 16779 2204143 20941 0 0 X 773408 576081 197327 6654 4956 1698 58 43 15 140122 104371 35751 3292 2452 840 15955 11884 4071 435214 324174 111040 21013 15652 5361 5507 4102 1405 70370 52416 17954 87407 65106 22301 24154 17991 6163 57563 42876 14687 16278 12125 4153 94174 70146 24028 24328 18121 6207 ADMINISTRATIVE SERVICES 166704 124174 42530 BOOKS & SUPPLIES 154037 114736 39301 NONCAP TECH & EQUIP. 14714 10960 3754 NUTRITION SERVICES 6988 5205 1783 2117940 1577571 540369 0 74265 223806 10275 52971 176 2276 292899 234809 213748 58090 72993 0 371457 337143 43571 77249 308064 153869 351635 231118 X 19822 106025 19822 106025 371457 337143 86203 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 218977 218977 0 73922 15832 58090 58090 LEASE LIABILITY 153869 153869 2204143 0 2204143 0 2204143 2117940 0 2117940 0 2117940 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 MONROE CHARTER ACADEMY 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, PART I, LINE 6 NORTH CAROLINA CHARTER SCHOOL IS FUNDED BY STATE AND LOCAL GOVERNMENT. IT ALSO RECEIVES VARIOUS FEDERAL AND STATE GRANTS. FORM 990, PART VI, SECTION A, LINE 3 ACADIA NORTHSTAR, LLC ACCOUNTING & BUSINESS MANAGEMENT FORM 990, PART VI, SECTION B, LINE 11B THE HEAD OF SCHOOL, CONSULTANT, AND THE BOARD REVIEW THE 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. BOARD MEMBERS AGREE TO DISCLOSE ANY FINANCIAL INTEREST IN A POTENTIAL VENDOR OR CONTRACT NEGOTIATION. ANY POTENTIAL CONFLICTS OF INTEREST ARE REVIEWED AND RESOLVED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE TOP MANAGEMENT OFFICIAL'S COMPENSATION IS APPROVED BY THE BOARD IN A FORMAL REVIEW. COMPENSATION IS BASED ON COMPARABILITY DATA AND PERFORMANCE. NO OFFICERS ARE COMPENSATED. KEY EMPLOYEE SALARIES ARE BASED ON THE STATE SALARY SCHEDULE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, SCHOOL POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC AT THE ORGANIZATION'S OFFICE UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 324,174. MANAGEMENT AND GENERAL EXPENSES 111,040. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 435,214.