2026-04-15T11:32:59-05:00 2025-06-30 844233121 SHARPE PATEL CPA 5510 SIX FORKS ROAD SUITE 140 RALEIGH NC 27609 990 2024-07-01 562158817 CORPORATION FOR EDUCATIONAL PARTNERSHIPS CORP 9195679955 5108 OLD POWELL ROAD HOLLY SPRINGS NC 27540 DR DARRELL COTTON HEAD OF SCHOOL 9195679955 2026-04-14 1 1 REBECCA FISHER P01690017 7044993893 2026-04-14 2024 2025-03-06 01:10:19Z SOUTHERN WAKE ACADMEY DR DARRELL COTTON 5108 OLD POWELL ROAD HOLLY SPRINGS NC 27540 6513269 0 X SOUTHERNWAKEACADEMY.ORG X 1999 NC OPERATION OF A PUBLIC CHARTER SCHOOL IN HOLLY SPRINGS, NC 7 7 103 10 0 0 6120203 6329473 69973 68996 778 834 97152 113966 6288106 6513269 0 0 0 0 5528247 3873734 0 0 0 1564993 1664852 7093240 5538586 -805134 974683 13519992 12748222 21449925 19703472 -7929933 -6955250 OPERATION OF A PUBLIC CHARTER SCHOOL IN HOLLY SPRINGS, NC 0 0 4493404 182962 OPERATED A PUBLIC CHARTER SCHOOL IN HOLLY SPRINGS, NORTH CAROLINA, SERVING APPROXIMATELY 534 STUDENTS FOR THE FISCAL YEAR ENDED JUNE 30, 2025. 4493404 1 1 0 0 0 0 0 0 0 0 1 0 0 1 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 15 0 103 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 0 0 1 1 0 X HUNTER LANE 9195679955 5108 OLD POWELL ROAD HOLLY SPRINGS NC 27540 SCOTT SCHULZE PRESIDENT 1.00 X X 0 0 0 ERIC RHINEHOLT VICE PRESIDENT 1.00 X X 0 0 0 LESLIE CARWELL SECRETARY 1.00 X X 0 0 0 TRICIA ENDICOTT DIRECTOR 1.00 X 0 0 0 AMY FERRELL DIRECTOR 1.00 X 0 0 0 MARK TROIA DIRECTOR 1.00 X 0 0 0 JIM MOORE DIRECTOR 1.00 X 0 0 0 DR DARRELL COTTON HEAD OF SCHOOL 40.00 X 103096 0 0 103096 0 0 1 0 0 0 0 6308746 20727 6329473 STUDENT ACTIVITIES 611710 68996 68996 68996 834 834 69203 0 69203 69203 69203 MISCELLANEOUS REVENUE 900099 44763 44763 44763 6513269 182962 0 834 X 103096 83641 19455 2814063 2283023 531040 347072 281576 65496 382351 310198 72153 227152 184286 42866 17869 14497 3372 10750 8721 2029 557570 452351 105219 10181 8260 1921 38723 31416 7307 50687 41122 9565 170494 138320 32174 14010 11366 2644 24706 20044 4662 238614 193585 45029 265493 215392 50101 51558 41829 9729 NON-CAP EQUIPMENT 94219 76439 17780 TEXTBOOKS & SUPPLIES 65880 53448 12432 SALES AND USE TAX 29671 24072 5599 MISC 10101 8195 1906 14326 11623 2703 5538586 4493404 1045182 0 1311816 1897820 345722 427330 18733 129404 36670 41334 9599198 2604762 7259929 6994436 4547122 3257898 13519992 12748222 36679 34232 7199859 7056362 14213387 12612878 21449925 19703472 X -8335725 -7270543 405792 315293 -7929933 -6955250 13519992 12748222 974683 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1304533 1304533 7442002 2041442 5400560 431078 408465 22613 421585 154855 266730 6994436 DEFERRED OUTFLOWS OF RESOURCES 3257898 3257898 DEFERRED INFLOWS OF RESOURCES 4050091 NET PENSION LIABILITY 3241889 NET OPEB LIABILITY 5320898 12612878 6513269 0 6513269 0 6513269 5538586 0 5538586 0 5538586 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 SOUTHERN WAKE ACADEMY IS A PUBLIC CHARTER SCHOOL 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 SOUTHERN WAKE ACADEMY IS A PUBLIC CHARTER SCHOOL FUNDED BY THE STATE OF NORTH CAROLINA AND LOCAL GOVERNMENT, AS WELL AS RECEIVING FEDERAL AND STATE GRANTS. FORM 990, PART VI, SECTION A, LINE 3 APRIO, LLC ACCOUNTING & BUSINESS MANAGEMENT FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE BOARD CHAIR PRIOR TO FILING AND IS MADE AVAILABLE TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REVIEWS THE POLICY ANNUALLY. IF ANY CONFLICTS ARISE, THEY ARE REVIEWED AND RESOLVED BY THE BOARD OF DIRECTORS. BOARD MEMBERS DO NOT VOTE ON ANY ISSUE WHERE THERE IS A POSSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 ALL COMPENSATION IS APPROVED BY THE BOARD AND IS BASED ON COMPARABILITY DATA. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, SCHOOL POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G OTHER CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 452,351. MANAGEMENT AND GENERAL EXPENSES 105,219. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 557,570.