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Nonprofit · EIN 26-4206516

HENDERSON COLLEGIATE

Tax-exempt · HENDERSON, NC 27536

Financials

$21.7M$16.8M2022$21.7M$19.5M2023$18.3M$21M2024
Revenue Expenses · by fiscal year end
Financials of HENDERSON COLLEGIATE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$18,308,025$21,031,847-$2,723,822$43,937,766$43,750,480$187,286
June 30, 2024990$21,668,107$19,524,983$2,143,124$39,544,134$38,677,867$866,267
June 30, 2023990$21,736,836$16,785,678$4,951,158$35,113,264$36,390,121-$1,276,857
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$17,833,800
of which government grants
$17,002,028
Program service revenue
$175,640
Investment income
$151,711
Net rental income
$42,000
Net income from fundraising events
$43,096
Other revenue
$146,874

Expenses

Grants and similar amounts paid
$23,412
Compensation of officers, directors and key employees
$269,142
Other salaries and wages
$9,669,154
Salaries, compensation and benefits (total)
$14,580,313
Professional fundraising fees
$0
Legal fees
$112,227
Accounting fees
$22,029
Occupancy
$405,102
Travel
$462,222
Depreciation
$1,126,171
Program services (functional)
$17,366,270
Management and general (functional)
$3,665,577

Balance sheet and other

Total assets, start of year
$39,544,134
Total assets, end of year
$43,937,766
Total liabilities, end of year
$43,750,480
Net assets, end of year
$187,286
Land, buildings and equipment
$28,474,120
Net assets without donor restrictions
-$298,276
Net assets with donor restrictions
$485,562
Gross receipts
$18,309,363
Employees
229
Volunteers
30
Year formed
2009
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.

NameTitleHours / weekCompensation
ERIC SANCHEZCHIEF EXECUTIVE OFFICER & NON-VOTING BOARD MEMBER
Officer
40$151,115
CARICE SANCHEZCHIEF ACADEMIC OFFICER & NON-VOTING BOARD MEMBER
Officer
40$118,027
FRANK TERRANOVA JRPRINCIPAL COACH
Highest-paid employee
40$108,621
CAITLN TERRANOVACHIEF OF STAFF
Highest-paid employee
40$104,931
STEPHANIE ROGERSBOARD PRESIDENT, CHAIRPERSON
Trustee or director, Officer
0.5$0
KIM BUTLERBOARD VICE PRESIDENT
Trustee or director, Officer
0.25$0
SAMUEL WATKINS IIIBOARD TREASURER & SECRETARY
Trustee or director, Officer
0.25$0
THOMAS CHURCHBOARD MEMBER
Trustee or director
0.5$0
GARY SMITHBOARD MEMBER
Trustee or director
0.25$0
WILLIAM WOOTENBOARD MEMBER
Trustee or director
0.25$0
MICHAEL PUTNEY JRBOARD MEMBER
Trustee or director
0.25$0
990 for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensation
ERIC SANCHEZCEO
Officer
40$133,743
CARICE SANCHEZCHIEF ACADEMIC OFFICER
Officer
40$111,364
STEPHANIE ROGERSCHAIR & PRESIDENT
Trustee or director, Officer
1$0
KIM BUTLERVICE PRESIDENT
Trustee or director, Officer
1$0
SAMUEL WATKINS IIISECRETARY & TREASURER
Trustee or director, Officer
1$0
THOMAS CHURCHDIRECTOR
Trustee or director
1$0
DR GARY SMITHDIRECTOR
Trustee or director
1$0
MICHAEL PUTNEY JRDIRECTOR
Trustee or director
1$0
DR BILL WOOTENDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2023: 9 people
NameTitleHours / weekCompensation
ERIC SANCHEZCEO
Officer
40$134,486
CARICE SANCHEZCHIEF ACADEM
Officer
40$103,685
KIM BUTLERVICE PRESIDE
Trustee or director, Officer
2$0
THOMAS CHURCHDIRECTOR
Trustee or director
1$0
MICHAEL PUTNEY JRDIRECTOR
Trustee or director
1$0
STEPHANIE ROGERSPRESIDENT
Trustee or director, Officer
2$0
DR GARY SMITHDIRECTOR
Trustee or director
1$0
TREY WATKINSSECRETARY &
Trustee or director, Officer
2$0
DR BILL WOOTENDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1071 OLD EPSOM RD, HENDERSON, NC 27536-5654
In care of
% ERIC E SANCHEZ
Principal officer (990 for 2024)
ERIC E SANCHEZ, 1071 OLD EPSOM ROAD, HENDERSON, NC 27536
Signed the 990
ERIC E SANCHEZ, CHIEF EXECUTIVE OFFICER
Phone
(252) 598-1038
Return prepared by
SHARPE PATEL CPA

Mission

OPERATION OF A PUBLIC CHARTER SCHOOL IN HENDERSON, NC

990 for the year ended June 30, 2025

Program accomplishments

  • THE ORGANIZATION OPERATED A PUBLIC CHARTER SCHOOL IN HENDERSON, NORTH CAROLINA, SERVING APPROXIMATELY 1,338 STUDENTS DURING THE FISCAL YEAR ENDED JUNE 30, 2025.
    Expenses $17,366,270 · grants $23,412 · revenue $279,418

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
26-4206516
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
2010
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$43,937,766
Income (IRS master file)
$18,309,363

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$18,308,025$21,031,847$43,937,766IRS
990June 2024$21,668,107$19,524,983$39,544,134XML
990June 2023$21,736,836$16,785,678$35,113,264XML
990June 2022$16,049,311$15,620,658$33,223,567IRS
990June 2021–––IRS
990June 2020–––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 26-4206516).

Questions about HENDERSON COLLEGIATE

What is the EIN of HENDERSON COLLEGIATE?
The employer identification number (EIN) of HENDERSON COLLEGIATE is 26-4206516.
Is HENDERSON COLLEGIATE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to HENDERSON COLLEGIATE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HENDERSON COLLEGIATE 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 HENDERSON COLLEGIATE 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 HENDERSON COLLEGIATE 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 HENDERSON COLLEGIATE?
The 990 for the year ended June 30, 2025 names ERIC E SANCHEZ.
Who are the officers and directors of HENDERSON COLLEGIATE?
The 990 for the year ended June 30, 2025 lists 11 people; 4 received compensation from the organization, the highest $151,115 (ERIC SANCHEZ, CHIEF EXECUTIVE OFFICER & NON-VOTING BOARD MEMBER).
How much revenue does HENDERSON COLLEGIATE have?
On its 990 for the year ended June 30, 2025 it reported revenue of $18,308,025, expenses of $21,031,847 and total assets of $43,937,766 at year end.

Other nonprofits in HENDERSON

All nonprofits in HENDERSON · North Carolina · Education