Nonprofit · EIN 56-2182908
GUILFORD-SABIS CHARTER SCHOOL CORPORATION
Tax-exempt · RUTHERFORDTON, NC 28139
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $9,715,070 | $8,136,995 | $1,578,075 | $20,528,850 | $12,425,531 | $8,103,319 |
| June 30, 2024 | 990 | $8,583,237 | $7,067,995 | $1,515,242 | $19,056,710 | $12,531,466 | $6,525,244 |
| June 30, 2023 | 990 | $7,912,513 | $6,839,348 | $1,073,165 | $17,779,430 | $12,769,428 | $5,010,002 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,145,841
- of which government grants
- $1,143,883
- Program service revenue
- $7,791,041
- Investment income
- $0
- Net rental income
- $778,188
- Other revenue
- $778,188
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $3,356,668
- Salaries, compensation and benefits (total)
- $4,003,249
- Professional fundraising fees
- $0
- Legal fees
- $7,988
- Accounting fees
- $7,988
- Occupancy
- $944,795
- Depreciation
- $563,511
- Program services (functional)
- $5,186,679
- Management and general (functional)
- $1,967,685
- Fundraising (functional)
- $982,631
Balance sheet and other
- Total assets, start of year
- $19,056,710
- Total assets, end of year
- $20,528,850
- Total liabilities, end of year
- $12,425,531
- Net assets, end of year
- $8,103,319
- Land, buildings and equipment
- $11,488,921
- Net assets without donor restrictions
- $8,103,319
- Gross receipts
- $9,715,070
- Employees
- 102
- Year formed
- 1998
- 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 |
|---|---|---|---|
| Alton Woods Jr | Chairman Trustee or director, Officer | 4 | $0 |
| Antonio Hedgepeth | Board Member Trustee or director | 1 | $0 |
| Thursday Brown-Rice | Treasurer Trustee or director, Officer | 2 | $0 |
| Dawn Popple | Secretary Trustee or director, Officer | 1.5 | $0 |
| Leroy Wilson | Board Member Trustee or director | 1 | $0 |
| Dr Cathy Owens-Oliver | Board Member Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Alton Woods | Chairman Trustee or director, Officer | 4 | $0 |
| Antonio Hedgepeth | Board Member Trustee or director, Officer | 1 | $0 |
| Thursday Brown-Rice | Treasurer Trustee or director, Officer | 2 | $0 |
| Dawn Popple | Secretary Trustee or director, Officer | 1.5 | $0 |
| Leroy Wilson | Board Member Trustee or director | 1 | $0 |
| Dr Cathy Owens-Oliver | Board Member Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Alton Woods | Chairman Trustee or director, Officer | 4 | $0 |
| Dr Regina Williams-Davis | Vice Chairman Trustee or director, Officer | 1 | $0 |
| Thursday Brown-Rice | Treasurer Trustee or director, Officer | 2 | $0 |
| Dawn Popple | Secretary Trustee or director, Officer | 1.5 | $0 |
| Leroy Wilson | Board Member Trustee or director | 1 | $0 |
| Dr Cathy Owens-Oliver | Board Member Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 86, RUTHERFORDTON, NC 28139-0086
- In care of
- % DAVID L KYGER
- Principal officer (990 for 2024)
- Alton Woods, 2207A East Cone Blvd, Greensboro, NC 27405
- Signed the 990
- Alton Woods, Board Chair
- Phone
- (336) 954-1344
- Website
- www.guildfordprep.com
- Return prepared by
- Rebekah Barr CPA PC
Mission
Operation of a public charter school.
Program accomplishments
- Operation of a charter school in Guilford County, North Carolina, serving approximately 679 students for the year ended June 30, 2025.Expenses $5,186,679
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
- 56-2182908
- 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
- 2002
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $20,528,850
- Income (IRS master file)
- $9,715,070
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $9,715,070 | $8,136,995 | $20,528,850 | IRS |
| 990 | June 2024 | $8,583,237 | $7,067,995 | $19,056,710 | XML |
| 990 | June 2023 | $7,912,513 | $6,839,348 | $17,779,430 | XML |
| 990 | June 2022 | $7,318,781 | $5,675,078 | $16,658,693 | 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 56-2182908).
Questions about GUILFORD-SABIS CHARTER SCHOOL CORPORATION
- What is the EIN of GUILFORD-SABIS CHARTER SCHOOL CORPORATION?
- The employer identification number (EIN) of GUILFORD-SABIS CHARTER SCHOOL CORPORATION is 56-2182908.
- Is GUILFORD-SABIS CHARTER SCHOOL CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to GUILFORD-SABIS CHARTER SCHOOL CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GUILFORD-SABIS CHARTER SCHOOL CORPORATION 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 GUILFORD-SABIS CHARTER SCHOOL CORPORATION 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 GUILFORD-SABIS CHARTER SCHOOL CORPORATION 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 GUILFORD-SABIS CHARTER SCHOOL CORPORATION?
- The 990 for the year ended June 30, 2025 names Alton Woods.
- Who are the officers and directors of GUILFORD-SABIS CHARTER SCHOOL CORPORATION?
- The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does GUILFORD-SABIS CHARTER SCHOOL CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $9,715,070, expenses of $8,136,995 and total assets of $20,528,850 at year end.
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All nonprofits in RUTHERFORDTON · North Carolina · Education