Nonprofit · EIN 80-0899073
MATTHEWS CHARTER ACADEMY
Tax-exempt (reinstated) · MATTHEWS, NC 28105
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $9,473,435 | $9,481,124 | -$7,689 | $1,476,631 | $1,335,249 | $141,382 |
| June 30, 2024 | 990 | $9,082,992 | $9,077,186 | $5,806 | $1,076,449 | $927,378 | $149,071 |
| June 30, 2023 | 990 | $8,511,398 | $8,517,290 | -$5,892 | $764,991 | $621,726 | $143,265 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $9,295,035
- of which government grants
- $9,295,035
- Program service revenue
- $143,400
- Investment income
- $0
- Other revenue
- $35,000
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $3,069,310
- Salaries, compensation and benefits (total)
- $3,884,932
- Professional fundraising fees
- $0
- Accounting fees
- $253,638
- Occupancy
- $1,956,226
- Travel
- $69,425
- Program services (functional)
- $7,405,446
- Management and general (functional)
- $2,075,678
Balance sheet and other
- Total assets, start of year
- $1,076,449
- Total assets, end of year
- $1,476,631
- Total liabilities, end of year
- $1,335,249
- Net assets, end of year
- $141,382
- Net assets without donor restrictions
- $141,382
- Gross receipts
- $9,473,435
- Employees
- 0
- Volunteers
- 222
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALLISON YENCHESKE | SECRETARY Trustee or director, Officer | 1 | $0 |
| CHRIS WILLIAMS | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| JERRY SHANKO | PRESIDENT Trustee or director, Officer | 1 | $0 |
| LEE BRADY | TREASURER Trustee or director, Officer | 1 | $0 |
| ALEX PARMAN | DIRECTOR Trustee or director | 1 | $0 |
| LOUISE ROBINSON | DIRECTOR Trustee or director | 1 | $0 |
| MIMI HENDERSON | DIRECTOR Trustee or director | 1 | $0 |
| SHERRI JONES | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVE BROOKS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JERRY SHANKO | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| LEE BRADY | TREASURER Trustee or director, Officer | 1 | $0 |
| DANIELLE BURNHAM | SECRETARY Trustee or director, Officer | 1 | $0 |
| MIMI HENDERSON | DIRECTOR Trustee or director, Officer | 1 | $0 |
| SHERRI JONES | DIRECTOR Trustee or director | 1 | $0 |
| CHRIS WILLIAMS | DIRECTOR Trustee or director | 1 | $0 |
| ALLISON YENCHESKE | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVE BROOKS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JERRY SHANKO | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| LEE BRADY | TREASURER Trustee or director, Officer | 1 | $0 |
| DANIELLE BURNHAM | SECRETARY Trustee or director, Officer | 1 | $0 |
| MIMI HENDERSON | DIRECTOR Trustee or director | 1 | $0 |
| SHERRI JONES | DIRECTOR Trustee or director | 1 | $0 |
| CHRIS WILLIAMS | DIRECTOR Trustee or director | 1 | $0 |
| ALLISON YENCHESKE | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 608 MATTHEWS MINT HILL RD STE B, MATTHEWS, NC 28105-1762
- In care of
- % LAURA KNAUFF
- Mailing address (990-N for 2015)
- 608-B Matthews Mint Hill Road, Matthews NC 28105
- Principal officer (990 for 2024)
- JERRY SHANKO, 608 MATTHEWS MINT HILL ROAD STE B, MATTHEWS, NC 281051762
- Principal officer (990-N for 2015)
- Eddie Sieber, 608-B Matthews Mint Hill Road, Matthews NC 28105
- Signed the 990
- JERRY SHANKO, 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.
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 $7,077,968 · revenue $112,260
- OPERATED A SCHOOL FOOD SERVICE PROGRAM AT THE PUBLIC CHARTER SCHOOL DESCRIBED ABOVE. THE SCHOOL OFFERS FREE OR REDUCED BREAKFAST AND/OR LUNCH FOR FAMILIES WHO QUALIFY. RESEARCH HAS SHOWN THAT STUDENTS WHO EAT THEIR BREAKFAST IN THE MORNING EXHIBIT BETTER MEMORY RETENTION. FUNDING FOR THIS PROGRAM WAS PROVIDED BY THE USDA FOOD AND NUTRITION SERVICE, IN THE AMOUNT OF $258,644.Expenses $327,478 · revenue $66,140
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
- 80-0899073
- 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)
- $1,476,631
- Income (IRS master file)
- $9,473,435
Revocation and reinstatement
- Exemption revoked
- November 15, 2015
- Posted by the IRS
- March 1, 2017
- Reinstated
- Effective November 15, 2015
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $9,473,435 | $9,481,124 | $1,476,631 | XML |
| 990 | June 2024 | $9,082,992 | $9,077,186 | $1,076,449 | IRS |
| 990 | June 2023 | $8,511,398 | $8,517,290 | $764,991 | XML |
| 990 | June 2022 | $8,360,318 | $8,273,393 | $878,206 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990-N for 2015 Officer: Eddie Sieber | June 30, 2016 | ≤ $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 80-0899073).
Questions about MATTHEWS CHARTER ACADEMY
- What is the EIN of MATTHEWS CHARTER ACADEMY?
- The employer identification number (EIN) of MATTHEWS CHARTER ACADEMY is 80-0899073.
- Is MATTHEWS CHARTER ACADEMY tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2015 and reinstated it effective November 15, 2015.
- Are donations to MATTHEWS CHARTER ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MATTHEWS 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 MATTHEWS 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 MATTHEWS 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 MATTHEWS CHARTER ACADEMY?
- The 990 for the year ended June 30, 2025 names JERRY SHANKO.
- Who are the officers and directors of MATTHEWS CHARTER ACADEMY?
- The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does MATTHEWS CHARTER ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $9,473,435, expenses of $9,481,124 and total assets of $1,476,631 at year end.
Other nonprofits in MATTHEWS
- QUEENS GRANT COMMUNITY SCHOOL INC EIN 56-2241498 · last filed 990 for 2025
- UNION DAY SCHOOL INC EIN 47-1782363 · last filed 990 for 2025
- ARBORBROOK CHRISTIAN ACADEMY EIN 20-2707577 · last filed 990 for 2025
- SOCRATES ACADEMY FOUNDATION INC EIN 26-2352170 · last filed 990 for 2025
- FAMILY EDUCATION RESOURCE MINISTRIES EIN 56-2190439 · last filed 990 for 2025
- BYRON FELLOWSHIP EDUCATIONAL FOUNDATION INC EIN 20-1446511 · last filed 990-PF for 2024
- CARMEL EDUCATIONAL FOUNDATION EIN 56-2107877 · last filed 990 for 2025
- WOMEN LEADING ED EIN 99-0436915 · last filed 990 for 2024