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Nonprofit · EIN 47-1886543

PEAK CHARTER ACADEMY

Tax-exempt · APEX, NC 27502

Financials

$8.9M$8.9M2023$8.8M$8.8M2024
Revenue Expenses · by fiscal year end
Financials of PEAK CHARTER ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$8,844,355$8,836,206$8,149$1,610,808$1,564,796$46,012
June 30, 2024990$8,894,320$8,909,939-$15,619$1,343,137$1,305,274$37,863
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$8,626,280
of which government grants
$8,626,280
Program service revenue
$183,075
Investment income
$0
Other revenue
$35,000

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$2,656,623
Salaries, compensation and benefits (total)
$3,320,939
Professional fundraising fees
$0
Accounting fees
$129,112
Occupancy
$2,213,336
Travel
$118,821
Program services (functional)
$7,182,355
Management and general (functional)
$1,653,851

Balance sheet and other

Total assets, start of year
$1,343,137
Total assets, end of year
$1,610,808
Total liabilities, end of year
$1,564,796
Net assets, end of year
$46,012
Net assets without donor restrictions
$45,873
Net assets with donor restrictions
$139
Gross receipts
$8,844,355
Employees
0
Volunteers
254
Year formed
2016
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
AL WETHERELLVICE PRESIDENT
Trustee or director, Officer
1$0
MICHELLE DURNERTREASURER
Trustee or director, Officer
1$0
SCOTT IDENPRESIDENT
Trustee or director, Officer
1$0
SHERYL HICKMANSECRETARY
Trustee or director, Officer
1$0
DIANE HOLTDIRECTOR
Trustee or director
1$0
GRAY STEWARTDIRECTOR
Trustee or director
1$0
PAM STEWARTDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensation
WILLIAM IDENPRESIDENT
Trustee or director, Officer
1$0
AL WETHERELLVICE PRESIDENT
Trustee or director, Officer
1$0
MICHELLE DURNERTREASURER
Trustee or director, Officer
1$0
SHERYL HICKMANSECRETARY
Trustee or director, Officer
1$0
DIANE HOLTDIRECTOR
Trustee or director
1$0
DIXIE NEWSOMEDIRECTOR
Trustee or director
1$0
GRAY STEWARTDIRECTOR
Trustee or director
1$0
PAM STEWARTDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1601 ORCHARD VILLAS AVE, APEX, NC 27502-4335
In care of
% LAURA KNAUFF
Mailing address (990-N for 2016)
225 Candia Lane, Cary NC 27519
Principal officer (990 for 2024)
SCOTT IDEN, 1601 ORCHARD VILLAS AVE, APEX, NC 27502
Principal officer (990-N for 2016)
Melissa Caira, 225 Candia Lane, Cary NC 27519
Signed the 990
SCOTT IDEN, PRESIDENT
Phone
(616) 222-1700
Return prepared by
BDO USA

Mission

TO OPERATE A PUBLIC CHARTER SCHOOL AND TO PROVIDE EDUCATION TO CHILDREN IN GRADES KINDERGARTEN THROUGH EIGHTH GRADE BASED ON RIGOROUS TEACHING METHODS, PARENTAL INVOLVEMENT, STUDENT RESPONSIBILITY, AND BASIC MORAL VALUES. ENROLLMENT IS OPEN TO ALL APPROPRIATELY AGED CHILDREN WITHOUT REGARD TO GENDER, ETHNIC BACKGROUND, DISABILITY, AND/OR RELIGIOUS AFFILIATION.

990 for the year ended June 30, 2025

Program accomplishments

  • OPERATED AN EDUCATIONAL INSTITUTION ORGANIZED AS A PUBLIC SCHOOL ACADEMY. THE ACADEMY PROVIDES EDUCATION, AT NO COST TO THE PARENT, TO STUDENTS IN KINDERGARTEN THROUGH EIGHTH GRADE. THE ACADEMY OPERATES UNDER A CHARTER APPROVED BY THE NORTH CAROLINA STATE BOARD OF EDUCATION.
    Expenses $7,055,718 · revenue $161,985
  • OPERATED A SCHOOL FOOD SERVICE PROGRAM AT THE PUBLIC SCHOOL ACADEMY DESCRIBED ABOVE. THE ACADEMY OFFERS FREE OR REDUCED LUNCH FOR FAMILIES THAT QUALIFY. FUNDING FOR THIS PROGRAM WAS PROVIDED BY THE USDA FOOD AND NUTRITION SERVICE IN THE AMOUNT OF $40,272.
    Expenses $126,637 · revenue $56,090

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
47-1886543
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
2017
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$1,610,808
Income (IRS master file)
$8,844,355

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$8,844,355$8,836,206$1,610,808XML
990June 2024$8,894,320$8,909,939$1,343,137IRS
990June 2023$8,271,850$8,288,835$676,381IRS
990June 2022$7,876,096$7,852,381$537,232IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS
990-N for 2016
Officer: Melissa Caira
June 30, 2017≤ $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 47-1886543).

Questions about PEAK CHARTER ACADEMY

What is the EIN of PEAK CHARTER ACADEMY?
The employer identification number (EIN) of PEAK CHARTER ACADEMY is 47-1886543.
Is PEAK CHARTER ACADEMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to PEAK CHARTER ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PEAK CHARTER ACADEMY 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 PEAK CHARTER ACADEMY 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 PEAK CHARTER ACADEMY 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 PEAK CHARTER ACADEMY?
The 990 for the year ended June 30, 2025 names SCOTT IDEN.
Who are the officers and directors of PEAK CHARTER ACADEMY?
The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does PEAK CHARTER ACADEMY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $8,844,355, expenses of $8,836,206 and total assets of $1,610,808 at year end.

Other nonprofits in APEX

All nonprofits in APEX · North Carolina · Education