Nonprofit · EIN 57-6036661
THE CAROLINA ACADEMY
Tax-exempt · LAKE CITY, SC 29560
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,100,796 | $2,162,778 | -$61,982 | $3,971,948 | $303,630 | $3,668,318 |
| June 30, 2024 | 990 | $2,022,641 | $2,171,723 | -$149,082 | $4,051,699 | $321,399 | $3,730,300 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $37,015
- of which government grants
- $37,015
- Program service revenue
- $2,028,417
- Investment income
- $26,082
- Other revenue
- $9,282
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $1,331,401
- Salaries, compensation and benefits (total)
- $1,447,522
- Professional fundraising fees
- $0
- Accounting fees
- $16,929
- Occupancy
- $318,657
- Depreciation
- $119,660
- Program services (functional)
- $1,980,430
- Management and general (functional)
- $178,379
- Fundraising (functional)
- $3,969
Balance sheet and other
- Total assets, start of year
- $4,051,699
- Total assets, end of year
- $3,971,948
- Total liabilities, end of year
- $303,630
- Net assets, end of year
- $3,668,318
- Land, buildings and equipment
- $3,372,557
- Net assets without donor restrictions
- $3,668,318
- Gross receipts
- $2,100,796
- Employees
- 86
- Year formed
- 1968
- State of legal domicile
- SC
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 |
|---|---|---|---|
| DAVIE COKER | BOARD MEMBER Trustee or director | – | $0 |
| SONNY COLLINS | BOARD MEMBER Trustee or director | – | $0 |
| NEIL COX | BOARD MEMBER Trustee or director | – | $0 |
| TOMMY EVANS | BOARD MEMBER Trustee or director | – | $0 |
| GRAHAM JOHNSON | BOARD MEMBER Trustee or director | – | $0 |
| RHETT LONG | BOARD MEMBER Trustee or director | – | $0 |
| WILL MCCUTCHEON | BOARD MEMBER Trustee or director, Officer | – | $0 |
| WILLIAM D MCDANIEL | BOARD MEMBER Trustee or director, Officer | – | $0 |
| SHAY MCKENZIE | BOARD MEMBER Trustee or director | – | $0 |
| LEE NETTLES | BOARD MEMBER Trustee or director | – | $0 |
| DARLA PIERCE | BOARD MEMBER Trustee or director | – | $0 |
| FREDDY TEAL | BOARD MEMBER Trustee or director | – | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVIE COKER | BOARD MEMBER Trustee or director | – | $0 |
| SONNY COLLINS | BOARD MEMBER Trustee or director | – | $0 |
| NEIL COX | BOARD MEMBER Trustee or director | – | $0 |
| TOMMY EVANS | BOARD MEMBER Trustee or director | – | $0 |
| ANNA FRANKS | BOARD MEMBER Trustee or director, Officer | – | $0 |
| RHETT LONG | BOARD MEMBER Trustee or director | – | $0 |
| WILLIAM D MCDANIEL | BOARD MEMBER Trustee or director, Officer | – | $0 |
| SHAY MCKENZIE | BOARD MEMBER Trustee or director | – | $0 |
| LEE NETTLES | BOARD MEMBER Trustee or director | – | $0 |
| DARLA PIERCE | BOARD MEMBER Trustee or director | – | $0 |
| DONNIE SAULS | BOARD MEMBER Trustee or director | – | $0 |
| FREDDY TEAL | BOARD MEMBER Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 351 N COUNTRY CLUB RD, LAKE CITY, SC 29560-4045
- Principal officer (990 for 2024)
- ROBERT S PHILLIPS, 512 WILLIAMS ST, LAKE CITY, SC 29560
- Signed the 990
- ROBERT S PHILLIPS, HEAD OF SCHOOL
- Phone
- (843) 374-5485
- Website
- THECAROLINAACADEMY.ORG
- Return prepared by
- HICKS GUERRY GROUP
Mission
EDUCATION - GRADES 3K THROUGH 12TH GRADE
Program accomplishments
- PROVIDING EDUCATIONAL SERVICES FOR GRADES 3 YEAR OLD KINDERGARTEN THROUGH 12TH GRADE.Expenses $1,980,430
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
- 57-6036661
- 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
- 1976
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24Z)
- Assets (IRS master file)
- $3,971,948
- Income (IRS master file)
- $2,100,796
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,100,796 | $2,162,778 | $3,971,948 | XML |
| 990 | June 2024 | $2,022,641 | $2,171,723 | $4,051,699 | XML |
| 990 | June 2023 | $2,230,684 | $1,917,919 | $4,188,038 | IRS |
| 990 | June 2022 | $2,577,344 | $1,594,219 | $3,491,113 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 57-6036661).
Questions about THE CAROLINA ACADEMY
- What is the EIN of THE CAROLINA ACADEMY?
- The employer identification number (EIN) of THE CAROLINA ACADEMY is 57-6036661.
- Is THE CAROLINA ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
- Are donations to THE CAROLINA ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE CAROLINA 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 THE CAROLINA 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 THE CAROLINA 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 THE CAROLINA ACADEMY?
- The 990 for the year ended June 30, 2025 names ROBERT S PHILLIPS.
- Who are the officers and directors of THE CAROLINA ACADEMY?
- The 990 for the year ended June 30, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does THE CAROLINA ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,100,796, expenses of $2,162,778 and total assets of $3,971,948 at year end.
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