Nonprofit · EIN 86-1100613
WOODS CHARTER SCHOOL COMPANY
Tax-exempt · RUTHERFORDTON, NC 28139
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $7,796,958 | $7,212,064 | $584,894 | $11,566,356 | $5,666,460 | $5,899,896 |
| June 30, 2024 | 990 | $7,564,293 | $6,933,483 | $630,810 | $11,193,361 | $5,950,948 | $5,242,413 |
| June 30, 2023 | 990 | $6,914,708 | $6,438,085 | $476,623 | $10,805,770 | $6,258,328 | $4,547,442 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $7,285,590
- of which government grants
- $6,765,170
- Program service revenue
- $413,318
- Investment income
- $32,666
- Net rental income
- $44,613
- Other revenue
- $65,384
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $103,336
- Other salaries and wages
- $4,510,836
- Salaries, compensation and benefits (total)
- $5,630,961
- Professional fundraising fees
- $0
- Legal fees
- $11,750
- Accounting fees
- $10,250
- Occupancy
- $96,852
- Travel
- $87,078
- Depreciation
- $302,451
- Program services (functional)
- $6,423,063
- Management and general (functional)
- $789,001
Balance sheet and other
- Total assets, start of year
- $11,193,361
- Total assets, end of year
- $11,566,356
- Total liabilities, end of year
- $5,666,460
- Net assets, end of year
- $5,899,896
- Land, buildings and equipment
- $5,985,153
- Net assets without donor restrictions
- $5,899,896
- Gross receipts
- $7,796,958
- Employees
- 178
- Volunteers
- 200
- 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 |
|---|---|---|---|
| BRYAN COTTON | PRINCIPAL Officer | 50 | $103,336 |
| TERREGINO CHARMAINE | CHAIR Trustee or director, Officer | 4 | $0 |
| MCINERNEY RACHEL | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| CABE COURTNEY | TREASURER Trustee or director, Officer | 3 | $0 |
| MESSICK DOREEN | SECRETARY Trustee or director, Officer | 3 | $0 |
| GARRETT AMY | MEMBER Trustee or director | 2 | $0 |
| PEARLSTEIN MICHELLE | MEMBER Trustee or director | 2 | $0 |
| PROTZMAN ALEX | MEMBER Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| COTTON BRYAN | PRINCIPAL Officer | 38 | $95,093 |
| COLLETTE DRAKE | CHAIR Trustee or director, Officer | 4 | $0 |
| CHARMAINE TERREGINO | VICE CHAIR Trustee or director, Officer | 3 | $0 |
| JEREMY MOULTON | TREASURER Trustee or director, Officer | 4 | $0 |
| DOREEN MESSICK | SECRETARY Trustee or director, Officer | 2 | $0 |
| ANDREW BORUM | MEMBER Trustee or director | 2 | $0 |
| RACHEL MCINERNEY | MEMBER Trustee or director | 2 | $0 |
| ALEX PROTZMAN | MEMBER Trustee or director | 2 | $0 |
| RACHEL LAWRENCE | FACULITY REPRESENTATIVE Trustee or director | 2 | $0 |
| WILLIAM DRAKE | STUDENT REPRESENTATIVE Trustee or director | 2 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| COTTON BRYAN | PRINCIPAL Officer | 40 | $92,239 |
| RACHEL LAWRENCE | FACULITY REP Trustee or director | 1 | $65,519 |
| ANDREW BORUM | MEMBER Trustee or director | 1 | $0 |
| ROBB CZYZEWSKI | MEMBER Trustee or director | 1 | $0 |
| COLLETTE DRAKE | BOARD CHAIR Trustee or director, Officer | 1 | $0 |
| DOREEN MESSICK | MEMBER Trustee or director | 1 | $0 |
| NADA MOHAMED | SECRETARY Trustee or director, Officer | 1 | $0 |
| JEREMY MOULTON | TREASURER Trustee or director, Officer | 1 | $0 |
| CHARMAINE TERREGINO | VICE CHAIR Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 86, RUTHERFORDTON, NC 28139-0086
- In care of
- % ROBERT E LEVIN
- Principal officer (990 for 2024)
- COTTON BRYAN, 160 WOODLAND GROVE LANE, CHAPEL HILL, NC 27516
- Signed the 990
- COTTON BRYAN, PRINCIPAL
- Phone
- (919) 960-8353
- Website
- WWW.WOODSCHARTER.ORG
- Return prepared by
- SHARPE PATEL CPA
Mission
OPERATION OF A NORTH CAROLINA PUBLIC CHARTER SCHOOL
Program accomplishments
- OPERATED AS A PUBLIC CHARTER SCHOOL IN CHAPEL HILL, NORTH CAROLINA SERVING APPROXIMATELY 509 STUDENTS IN GRADES K-12 FOR THE FISCAL YEAR ENDING JUNE 30, 2025.Expenses $6,423,063 · revenue $478,702
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
- 86-1100613
- 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
- 2007
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $11,566,356
- Income (IRS master file)
- $7,796,958
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $7,796,958 | $7,212,064 | $11,566,356 | XML |
| 990 | June 2024 | $7,564,293 | $6,933,483 | $11,193,361 | XML |
| 990 | June 2023 | $6,914,708 | $6,438,085 | $10,805,770 | XML |
| 990 | June 2022 | $6,637,500 | $6,126,338 | $10,749,731 | 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 86-1100613).
Questions about WOODS CHARTER SCHOOL COMPANY
- What is the EIN of WOODS CHARTER SCHOOL COMPANY?
- The employer identification number (EIN) of WOODS CHARTER SCHOOL COMPANY is 86-1100613.
- Is WOODS CHARTER SCHOOL COMPANY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to WOODS CHARTER SCHOOL COMPANY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WOODS CHARTER SCHOOL COMPANY 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 WOODS CHARTER SCHOOL COMPANY 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 WOODS CHARTER SCHOOL COMPANY 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 WOODS CHARTER SCHOOL COMPANY?
- The 990 for the year ended June 30, 2025 names COTTON BRYAN.
- Who are the officers and directors of WOODS CHARTER SCHOOL COMPANY?
- The 990 for the year ended June 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $103,336 (BRYAN COTTON, PRINCIPAL).
- How much revenue does WOODS CHARTER SCHOOL COMPANY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $7,796,958, expenses of $7,212,064 and total assets of $11,566,356 at year end.
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All nonprofits in RUTHERFORDTON · North Carolina · Education