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Nonprofit · EIN 46-5411636

VIRTUS ACADEMY OF SOUTH CAROLINA

Also known as VIRTUS ACADEMY

Tax-exempt (reinstated) · FLORENCE, SC 29501

Financials

$8M$6.7M2022$10.2M$10.1M2023$10.5M$10.6M2024
Revenue Expenses · by fiscal year end
Financials of VIRTUS ACADEMY OF SOUTH CAROLINA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$10,477,701$10,609,727-$132,026$29,714,783$26,386,113$3,328,670
June 30, 2024990$10,161,947$10,061,945$100,002$30,310,550$26,849,854$3,460,696
June 30, 2023990$8,045,087$6,658,377$1,386,710$16,728,153$13,367,459$3,360,694
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$10,058,780
of which government grants
$10,017,832
Program service revenue
$190,703
Investment income
$228,218
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$5,035,508
Salaries, compensation and benefits (total)
$6,030,027
Professional fundraising fees
$0
Legal fees
$88,880
Accounting fees
$180,818
Occupancy
$430,966
Travel
$23,865
Depreciation
$589,733
Program services (functional)
$6,999,967
Management and general (functional)
$3,609,760

Balance sheet and other

Total assets, start of year
$30,310,550
Total assets, end of year
$29,714,783
Total liabilities, end of year
$26,386,113
Net assets, end of year
$3,328,670
Land, buildings and equipment
$21,620,608
Gross receipts
$10,477,701
Employees
154
Volunteers
50
Year formed
2013
State of legal domicile
SC

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
BRIAN CARPENTEREXECUTIVE DIRECTOR
Trustee or director, Officer
40$85,715
MICAHEL COOKMEMBER AT LARGE
Trustee or director
2$0
MEREDITH COTTONMEMBER AT LARGE
Trustee or director
2$0
SCOTT KOZACKIMEMBER AT LARGE
Trustee or director
2$0
RON ROBERTSMEMBER AT LARGE
Trustee or director
2$0
DR THOMAS DUCEYBOARD CHAIRMAN
Trustee or director, Officer
2$0
CARLOS WASHINGTONVICE CHAIRMAN
Trustee or director, Officer
2$0
MACHELL SPRAUVESECRETARY
Trustee or director, Officer
2$0
LINDEY PRIVETTETREASURER
Trustee or director, Officer
2$0
990 for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensation
BRIAN CARPENTEREXECUTIVE DIRECTOR
Trustee or director, Officer
40$250,000
JOHN ATKINSMEMBER AT LARGE
Trustee or director
2$0
MEREDITH COTTONMEMBER AT LARGE
Trustee or director
2$0
SCOTT KOZACKIMEMBER AT LARGE
Trustee or director
2$0
RON ROBERTSMEMBER AT LARGE
Trustee or director
2$0
DR THOMAS DUCEYBOARD CHAIRMAN
Trustee or director, Officer
2$0
CARLOS WASHINGTONVICE CHAIRMAN
Trustee or director, Officer
2$0
MACHELL SPRAUVESECRETARY
Trustee or director, Officer
2$0
LINDEY PRIVETTETREASURER
Trustee or director, Officer
2$0
990 for the year ended June 30, 2023: 10 people
NameTitleHours / weekCompensation
SHEMEKIA NEROPRINCIPAL
Officer
40$92,196
DON STRICKLANDMEMBER AT LARGE
Trustee or director
2$0
GLENN HILLMEMBER AT LARGE
Trustee or director
2$0
SCOTT KOZACKIMEMBER AT LARGE
Trustee or director
2$0
AMANDA TYNERMEMBER AT LARGE
Trustee or director
2$0
LES ECHOLSMEMBER AT LARGE
Trustee or director
2$0
DR THOMAS DUCEYBOARD CHAIRMAN
Trustee or director, Officer
2$0
CARLOS WASHINGTONVICE CHAIRMAN
Trustee or director, Officer
2$0
JOHN ATKINSSECRETARY
Trustee or director, Officer
2$0
STACY COLEMANTREASURER
Trustee or director, Officer
2$0

Address and contacts

Address (IRS master file)
2407 PISGAH RD, FLORENCE, SC 29501-7116
In care of
% BILL PICKLE
Principal officer (990 for 2024)
LINDSAY PRIVETTE, 2407 PISGAH ROAD, FLORENCE, SC 29501
Signed the 990
TONI BRANDT, CEO
Phone
(843) 799-4032
Return prepared by
MARTIN SMITH & COMPANY CPAS PA

Mission

VIRTUS ACADEMY WILL ADVANCE STUDENT ACHIEVEMENT BY PREPARING STUDENTS FOR CIVIC AND CAREER SUCCESS THORUGH RIGOROUS ACADEMICS, LEADERSHIP DEVELOPMENT, AND PROJECT-BASED LEARNING.

990 for the year ended June 30, 2025

Program accomplishments

  • VIRTUS ACADEMY ENROLLED APPROXIMATELY 745 STUDENTS DURING THE 2024-25 SCHOOL YEAR, WHICH WAS ITS SEVENTH YEAR AS A PUBLIC CHARTER SCHOOL SERVING STUDENTS IN KINDERGARTEN THROUGH GRADE 11
    Expenses $6,999,967 · revenue $190,703

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
46-5411636
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2017
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$29,714,783
Income (IRS master file)
$10,477,701

Revocation and reinstatement

Exemption revoked
September 15, 2016
Posted by the IRS
December 12, 2016
Reinstated
Effective September 15, 2016

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$10,477,701$10,609,727$29,714,783XML
990June 2024$10,161,947$10,061,945$30,310,550IRS
990June 2023$8,045,087$6,658,377$16,728,153XML
990June 2022$7,187,455$6,524,919$15,699,579IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––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 46-5411636).

Questions about VIRTUS ACADEMY OF SOUTH CAROLINA

What is the EIN of VIRTUS ACADEMY OF SOUTH CAROLINA?
The employer identification number (EIN) of VIRTUS ACADEMY OF SOUTH CAROLINA is 46-5411636.
Is VIRTUS ACADEMY OF SOUTH CAROLINA tax-exempt?
Yes. The IRS revoked its exemption on September 15, 2016 and reinstated it effective September 15, 2016.
Are donations to VIRTUS ACADEMY OF SOUTH CAROLINA tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VIRTUS ACADEMY OF SOUTH CAROLINA 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 VIRTUS ACADEMY OF SOUTH CAROLINA 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 VIRTUS ACADEMY OF SOUTH CAROLINA 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 VIRTUS ACADEMY OF SOUTH CAROLINA?
The 990 for the year ended June 30, 2025 names LINDSAY PRIVETTE.
Who are the officers and directors of VIRTUS ACADEMY OF SOUTH CAROLINA?
The 990 for the year ended June 30, 2025 lists 9 people; 1 received compensation from the organization, the highest $85,715 (BRIAN CARPENTER, EXECUTIVE DIRECTOR).
How much revenue does VIRTUS ACADEMY OF SOUTH CAROLINA have?
On its 990 for the year ended June 30, 2025 it reported revenue of $10,477,701, expenses of $10,609,727 and total assets of $29,714,783 at year end.

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