Nonprofit · EIN 56-2049981
BREVARD ACADEMY
Tax-exempt · PISGAH FOREST, NC 28768
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $6,082,116 | $5,901,188 | $180,928 | $10,518,636 | $13,813,590 | -$3,294,954 |
| June 30, 2024 | 990 | $5,442,113 | $5,630,377 | -$188,264 | $10,338,905 | $13,814,787 | -$3,475,882 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $211,042
- of which government grants
- $198,079
- Program service revenue
- $5,871,074
- 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
- $2,739,451
- Salaries, compensation and benefits (total)
- $4,033,448
- Professional fundraising fees
- $0
- Legal fees
- $6,708
- Accounting fees
- $8,339
- Occupancy
- $89,223
- Depreciation
- $276,288
- Program services (functional)
- $4,889,941
- Management and general (functional)
- $1,011,247
Balance sheet and other
- Total assets, start of year
- $10,338,905
- Total assets, end of year
- $10,518,636
- Total liabilities, end of year
- $13,813,590
- Net assets, end of year
- -$3,294,954
- Land, buildings and equipment
- $6,440,490
- Net assets without donor restrictions
- -$3,294,954
- Gross receipts
- $6,082,116
- Employees
- 94
- Year formed
- 1997
- 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 |
|---|---|---|---|
| Mark Campanini | Chairman Trustee or director, Officer | 1 | $0 |
| Jamie Atkinson | Vice Chair Trustee or director, Officer | 1 | $0 |
| Paul Cooper | Treasurer Trustee or director, Officer | 1 | $0 |
| Mark Franklin | CFA Representitive Trustee or director, Officer | 1 | $0 |
| Tyree Griffin | Board Member Trustee or director | 1 | $0 |
| Jen Sylva | Secretary Trustee or director, Officer | 1 | $0 |
| Abraham Pallas | Board Member Trustee or director | 1 | $0 |
| Brandon Smith | Board Member Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mark Campanini | Chairman Trustee or director, Officer | 1 | $0 |
| Jamie Atkinson | Vice Chair Trustee or director, Officer | 1 | $0 |
| Paul Cooper | Treasurer Trustee or director, Officer | 1 | $0 |
| Mark Franklin | Board Member Trustee or director, Officer | 1 | $0 |
| Tyree Griffin | Board Member Trustee or director, Officer | 1 | $0 |
| Jen Sylva | Board Member Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1110 HENDERSONVILLE HWY, PISGAH FOREST, NC 28768-9238
- In care of
- % MARK CAMPANINI
- Principal officer (990 for 2024)
- Mark Campanini, 1110 Hendersonville HWY, Pisgah Forest, NC 28768
- Signed the 990
- Mark Campanini, Board Chair
- Phone
- (828) 885-2665
- Return prepared by
- Rebekah Barr CPA PC
Mission
OPERATION OF A NORTH CAROLINA PUBLIC CHARTER SCHOOL
Program accomplishments
- Operated as charter school Louisurg, NC serving approximately 435 students for the fiscal year ended June 30, 2025.Expenses $4,889,941
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
- 56-2049981
- 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
- 1998
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24Z)
- Assets (IRS master file)
- $10,518,636
- Income (IRS master file)
- $6,082,116
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $6,082,116 | $5,901,188 | $10,518,636 | XML |
| 990 | June 2024 | $5,442,113 | $5,630,377 | $10,338,905 | XML |
| 990 | June 2023 | $5,668,551 | $5,335,365 | $10,894,648 | IRS |
| 990 | June 2022 | $5,308,754 | $4,922,829 | $10,106,287 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 56-2049981).
Questions about BREVARD ACADEMY
- What is the EIN of BREVARD ACADEMY?
- The employer identification number (EIN) of BREVARD ACADEMY is 56-2049981.
- Is BREVARD ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to BREVARD ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BREVARD 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 BREVARD 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 BREVARD 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 BREVARD ACADEMY?
- The 990 for the year ended June 30, 2025 names Mark Campanini.
- Who are the officers and directors of BREVARD ACADEMY?
- The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does BREVARD ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $6,082,116, expenses of $5,901,188 and total assets of $10,518,636 at year end.
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All nonprofits in PISGAH FOREST · North Carolina · Education