Nonprofit · EIN 56-2077708
SUGAR CREEK 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 | $20,342,863 | $23,671,389 | -$3,328,526 | $22,077,448 | $18,112,456 | $3,964,992 |
| June 30, 2024 | 990 | $21,197,965 | $22,249,639 | -$1,051,674 | $25,759,954 | $18,466,436 | $7,293,518 |
| June 30, 2023 | 990 | $21,064,357 | $22,646,707 | -$1,582,350 | $27,469,790 | $19,124,598 | $8,345,192 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $19,795,115
- of which government grants
- $18,719,240
- Program service revenue
- $0
- Investment income
- $89,032
- Net rental income
- $38,968
- Other revenue
- $458,716
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $546,515
- Other salaries and wages
- $14,220,285
- Salaries, compensation and benefits (total)
- $17,367,962
- Professional fundraising fees
- $0
- Legal fees
- $1,166
- Accounting fees
- $9,750
- Occupancy
- $333,696
- Depreciation
- $1,179,440
- Program services (functional)
- $16,121,906
- Management and general (functional)
- $7,549,483
Balance sheet and other
- Total assets, start of year
- $25,759,954
- Total assets, end of year
- $22,077,448
- Total liabilities, end of year
- $18,112,456
- Net assets, end of year
- $3,964,992
- Land, buildings and equipment
- $19,336,640
- Net assets without donor restrictions
- $3,964,992
- Gross receipts
- $20,342,863
- Employees
- 364
- Volunteers
- 14
- 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 |
|---|---|---|---|
| Cheryl Turner | Superintendant Officer | 40 | $168,600 |
| Celeste Sundo | Deputy Superintendent Trustee or director, Officer | 40 | $116,868 |
| Dr Jakea Scott | Finance Manager Officer | 40 | $96,899 |
| Richard Russell | Director Trustee or director, Officer | 40 | $88,586 |
| Jamal Young | Director Trustee or director, Officer | 40 | $75,562 |
| Augustus Parker | Member Trustee or director, Officer | 2 | $0 |
| Christian Robinson | Member Trustee or director | 2 | $0 |
| Stacy Moultrie | Treasurer Trustee or director, Officer | 5 | $0 |
| Garrett McNeill | Member Trustee or director | 2 | $0 |
| Mike Greene | Member Trustee or director | 2 | $0 |
| Brian Davies | Member Trustee or director | 2 | $0 |
| H Bryan Ives | Vice Chair Trustee or director, Officer | 5 | $0 |
| Candace W Williams | Member Trustee or director | 2 | $0 |
| Matthew Tilley | Chair Trustee or director, Officer | 2 | $0 |
| Jared Young | Member Trustee or director | 2 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| J Frank Martin | Member Trustee or director | 2 | $0 |
| Tom Van Popering | Member Trustee or director | 2 | $0 |
| Curt Oliver | Member Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Cheryl Turner | Superintendant Officer | 40 | $171,491 |
| Evelyn Richardson | Director of Operations Trustee or director | 40 | $88,734 |
| Nancy Lewis | Finance Manager Officer | 40 | $18,600 |
| Charles M East | Secretary Trustee or director, Officer | 5 | $0 |
| Christian Robinson | Member Trustee or director | 2 | $0 |
| Stacy Moultrie | Treasurer Trustee or director, Officer | 5 | $0 |
| Garrett McNeill | Member Trustee or director | 2 | $0 |
| Mike Greene | Member Trustee or director | 2 | $0 |
| Brian Davies | Member Trustee or director | 2 | $0 |
| H Bryan Ives | Chair Trustee or director, Officer | 5 | $0 |
| Candace W Williams | Member Trustee or director | 2 | $0 |
| Matthew Tilley | Vice Chair Trustee or director, Officer | 2 | $0 |
| Jared Young | Member Trustee or director | 2 | $0 |
| J Frank Martin | Member Trustee or director | 2 | $0 |
| Tom Van Popering | Member Trustee or director | 2 | $0 |
| Curt Oliver | Member Trustee or director | 2 | $0 |
990 for the year ended June 30, 2023: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Cheryl Turner | Superintendant Officer | 40 | $166,273 |
| Evelyn Richardson | Director of Operations Trustee or director | 40 | $89,788 |
| Nancy Lewis | Finance Manager Officer | 40 | $59,241 |
| Charles M East | Secretary Trustee or director, Officer | 5 | $0 |
| Christian Robinson | Director Trustee or director | 2 | $0 |
| Anthony Daise | Treasurer Trustee or director, Officer | 5 | $0 |
| Garrett McNeill | Director Trustee or director | 2 | $0 |
| Mike Greene | Director Trustee or director | 2 | $0 |
| Brian Davies | Director Trustee or director | 2 | $0 |
| H Bryan Ives | Chair Trustee or director, Officer | 5 | $0 |
| Candace W Williams | Director Trustee or director | 2 | $0 |
| Matthew Tilley | Vice Chair Trustee or director, Officer | 2 | $0 |
| Jamaal Young | Director Trustee or director | 2 | $0 |
| J Frank Martin | Member Trustee or director | 2 | $0 |
| Jared Young | Director Trustee or director | 2 | $0 |
| Dave Brake | Member Trustee or director | 2 | $0 |
| Ronald Mattison | Member Trustee or director | 2 | $0 |
| Richard Russell | Principal Trustee or director | 2 | $0 |
| Tom Van Popering | Member Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 86, RUTHERFORDTON, NC 28139-0086
- In care of
- % ADVANTAGE SCHOOLS INC
- Principal officer (990 for 2024)
- Matthew Tilley, 4101 N Tryon, Charlotte, NC 28206
- Signed the 990
- Matthew Tilley, Chair
- Phone
- (704) 509-5470
- Website
- www.thesugarcreek.org
- Return prepared by
- Darrell L Keller CPA PA
Mission
Operate a public charter school.
Program accomplishments
- Operation of a charter school in Charlotte, North Carolina.Expenses $16,121,906 · revenue $20,342,863
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
- 56-2077708
- 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
- 2003
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B292)
- Assets (IRS master file)
- $22,077,448
- Income (IRS master file)
- $20,342,863
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $20,342,863 | $23,671,389 | $22,077,448 | IRS |
| 990 | June 2024 | $21,197,965 | $22,249,639 | $25,759,954 | XML |
| 990 | June 2023 | $21,064,357 | $22,646,707 | $27,469,790 | XML |
| 990 | June 2022 | $22,844,199 | $21,031,030 | $29,486,928 | 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 56-2077708).
Questions about SUGAR CREEK CHARTER SCHOOL INC
- What is the EIN of SUGAR CREEK CHARTER SCHOOL INC?
- The employer identification number (EIN) of SUGAR CREEK CHARTER SCHOOL INC is 56-2077708.
- Is SUGAR CREEK CHARTER SCHOOL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to SUGAR CREEK CHARTER SCHOOL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SUGAR CREEK 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 SUGAR CREEK 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 SUGAR CREEK 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 SUGAR CREEK CHARTER SCHOOL INC?
- The 990 for the year ended June 30, 2025 names Matthew Tilley.
- Who are the officers and directors of SUGAR CREEK CHARTER SCHOOL INC?
- The 990 for the year ended June 30, 2025 lists 18 people; 5 received compensation from the organization, the highest $168,600 (Cheryl Turner, Superintendant).
- How much revenue does SUGAR CREEK CHARTER SCHOOL INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $20,342,863, expenses of $23,671,389 and total assets of $22,077,448 at year end.
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