Nonprofit · EIN 47-1260481
YOUNGSVILLE ACADEMY CHARTER SCHOOL INC
Tax-exempt · RUTHERFORDTON, NC 28139
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $7,550,056 | $5,831,579 | $1,718,477 | $30,566,321 | $24,219,103 | $6,347,218 |
| June 30, 2024 | 990 | $5,972,131 | $5,309,018 | $663,113 | $26,618,284 | $21,989,543 | $4,628,741 |
| June 30, 2023 | 990 | $5,424,199 | $4,743,010 | $681,189 | $15,289,040 | $11,323,412 | $3,965,628 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $173,729
- of which government grants
- $157,455
- Program service revenue
- $7,376,327
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $3,125,762
- Salaries, compensation and benefits (total)
- $3,792,211
- Professional fundraising fees
- $0
- Legal fees
- $750
- Accounting fees
- $900
- Occupancy
- $115,885
- Depreciation
- $572,509
- Program services (functional)
- $4,637,754
- Management and general (functional)
- $1,193,825
Balance sheet and other
- Total assets, start of year
- $26,618,284
- Total assets, end of year
- $30,566,321
- Total liabilities, end of year
- $24,219,103
- Net assets, end of year
- $6,347,218
- Land, buildings and equipment
- $25,967,806
- Net assets without donor restrictions
- $6,347,218
- Gross receipts
- $7,550,056
- Employees
- 84
- Volunteers
- 167
- Year formed
- 2015
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Daniel Henson | Business Director Trustee or director, Key employee | 1 | $121,088 |
| Larry Henson | Executive Director Trustee or director, Key employee | 1 | $76,956 |
| John Allen | Chairman Trustee or director, Officer | 2 | $0 |
| Teresa Marrella | Board Member Trustee or director | 1 | $0 |
| Barbara Riley | Board Member Trustee or director | 1 | $0 |
| Steven Ross | Board Member Trustee or director | 1 | $0 |
| James Zagrobelny | Secretary/Treasurer Trustee or director, Officer | 1 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| John Allen | Board Member Trustee or director, Officer | 1 | $0 |
| Daniel Henson | Board Member Trustee or director, Officer | 1 | $0 |
| Larry Henson | Board Member Trustee or director, Officer | 1 | $0 |
| Teresa Marrella | Board Member Trustee or director | 1 | $0 |
| Barbara Riley | Board Member Trustee or director | 1 | $0 |
| James Zagrobelny | Board Member Trustee or director | 1 | $0 |
| Tom Boltz | Board Member Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| John Allen | Chair Trustee or director, Officer | 6 | $0 |
| Jim Zagrobelny | Secretary Trustee or director, Officer | 2 | $0 |
| Thomas Boltz | Treasurer Trustee or director, Officer | 1 | $0 |
| Barbara Riley | Member Trustee or director | 1 | $0 |
| Teresa Marrella | Member Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 86, RUTHERFORDTON, NC 28139-0086
- In care of
- % JOHN R ALLEN
- Mailing address (990-N for 2014)
- 249 HOLDEN RD, YOUNGSVILLE NC 27596
- Principal officer (990 for 2024)
- John R Allen, 249 Holden Road, Youngsville, NC 27596
- Principal officer (990-N for 2014)
- JOHN R ALLEN, 249 HOLDEN RD, YOUNGSVILLE NC 27596
- Signed the 990
- John R Allen, Board Chair
- Phone
- (919) 556-3609
- Website
- WWW.YOUNGSVILLEACADEMY.ORG
- Return prepared by
- Rebekah Barr CPA PC
Mission
Operation of a public charter school
Program accomplishments
- Operated as a charter school in Youngsville, NC serving approximately 615 students for the fiscal year ended June 30, 2025Expenses $4,637,754
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 47-1260481
- 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
- 2015
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24)
- Assets (IRS master file)
- $30,566,321
- Income (IRS master file)
- $7,550,056
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $7,550,056 | $5,831,579 | $30,566,321 | XML |
| 990 | June 2024 | $5,972,131 | $5,309,018 | $26,618,284 | XML |
| 990 | June 2023 | $5,424,199 | $4,743,010 | $15,289,040 | XML |
| 990 | June 2022 | $4,947,253 | $4,202,395 | $14,882,260 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990-N for 2014 Officer: JOHN R ALLEN | June 30, 2015 | ≤ $50,000 receipts | – | – | e-Postcard |
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 47-1260481).
Questions about YOUNGSVILLE ACADEMY CHARTER SCHOOL INC
- What is the EIN of YOUNGSVILLE ACADEMY CHARTER SCHOOL INC?
- The employer identification number (EIN) of YOUNGSVILLE ACADEMY CHARTER SCHOOL INC is 47-1260481.
- Is YOUNGSVILLE ACADEMY CHARTER SCHOOL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to YOUNGSVILLE ACADEMY CHARTER SCHOOL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does YOUNGSVILLE ACADEMY CHARTER SCHOOL INC 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 YOUNGSVILLE ACADEMY CHARTER SCHOOL INC 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 YOUNGSVILLE ACADEMY CHARTER SCHOOL INC 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 YOUNGSVILLE ACADEMY CHARTER SCHOOL INC?
- The 990 for the year ended June 30, 2025 names John R Allen.
- Who are the officers and directors of YOUNGSVILLE ACADEMY CHARTER SCHOOL INC?
- The 990 for the year ended June 30, 2025 lists 7 people; 2 received compensation from the organization, the highest $121,088 (Daniel Henson, Business Director).
- How much revenue does YOUNGSVILLE ACADEMY CHARTER SCHOOL INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $7,550,056, expenses of $5,831,579 and total assets of $30,566,321 at year end.
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All nonprofits in RUTHERFORDTON · North Carolina · Education