Nonprofit · EIN 87-4690821
CHARTER EDUCATION BOARD OF SOUTH CAROLINA
Also known as CHARTER EDUCATION BOARD OF SOUTH CA
Tax-exempt · COLUMBIA, SC 29201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 (amended) | $8,598,617 | $8,703,455 | -$104,838 | $24,322,943 | $24,427,781 | -$104,838 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $8,259,449
- of which government grants
- $6,989,703
- Program service revenue
- $296,007
- Investment income
- $15,100
- Other revenue
- $28,061
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $2,769,831
- Salaries, compensation and benefits (total)
- $3,238,289
- Professional fundraising fees
- $0
- Accounting fees
- $157,830
- Occupancy
- $431,812
- Travel
- $33,647
- Depreciation
- $1,128,177
- Program services (functional)
- $5,046,525
- Management and general (functional)
- $3,656,930
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $24,322,943
- Total liabilities, end of year
- $24,427,781
- Net assets, end of year
- -$104,838
- Land, buildings and equipment
- $1,051,741
- Gross receipts
- $8,598,617
- Employees
- 85
- Volunteers
- 85
- Year formed
- 2022
- 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 |
|---|---|---|---|
| SAMUEL RIVERS JR | BOARD CHAIR Trustee or director, Officer | 2 | $0 |
| TOM IHRKE | BOARD TREASURER Trustee or director, Officer | 2 | $0 |
| PAUL NORCROSS | DIRECTOR Trustee or director | 2 | $0 |
| DR RENEE JEFFERSON | DIRECTOR Trustee or director | 2 | $0 |
| JAY DAVIS | DIRECTOR Trustee or director | 2 | $0 |
| ANDREW YATES | DIRECTOR Trustee or director | 2 | $0 |
| ZACH SCWARZ | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1501 MAIN STREET 5 FL, COLUMBIA, SC 29201-5801
- In care of
- % E SCOTT WINBURN
- Mailing address (990-N for 2024)
- 1501 Main Street 5 FL, Columbia SC 29201
- Principal officer (990 for 2024)
- SAMUEL RIVERS JR, 1899 BACONS BRIDGE RD, SUMMERVILLE, SC 29485
- Principal officer (990-N for 2024)
- Samuel Rivers, 1501 Main Street 5th FL, Columbia SC 29201
- Signed the 990
- SAMUEL RIVERS JR, BOARD CHAIR
- Phone
- (843) 278-9726
- Return prepared by
- SHARPE PATEL CPA
Mission
SUMMERVILLE PREPARATORY ACADEMY IS A TUITION-FREE PUBLIC CHARTER SCHOOL OPERATED AS PART OF THE CHARTER SCHOOLS USA (CSUSA) NETWORK. THE SCHOOL EXISTS TO SERVE THE EDUCATIONAL NEEDS OF STUDENTS BY DELIVERING A RIGOROUS, STUDENT-CENTERED ACADEMIC PROGRAM DESIGNED TO DEVELOP BOTH STRONG MINDS AND GOOD HEARTS.
Program accomplishments
- SUMMERVILLE PREPARATORY ACADEMY IS A PUBLIC CHARTER SCHOOL LOCATED IN SUMMERVILLE, SOUTH CAROLINA, THAT SERVED APPROXIMATELY 524 STUDENTS DURING THE FISCAL YEAR ENDED JUNE 30, 2025.Expenses $5,046,525 · revenue $324,068
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-N on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-N on file |
IRS record
- EIN
- 87-4690821
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2023
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $24,322,943
- Income (IRS master file)
- $8,598,617
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2024 Officer: Samuel Rivers | June 30, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | June 2025 | $8,598,617 | $8,703,455 | $24,322,943 | IRS |
| 990-N for 2023 Officer: Samuel Rivers | June 30, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2022 Officer: SAMUEL RIVERS | June 30, 2023 | ≤ $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 87-4690821).
Questions about CHARTER EDUCATION BOARD OF SOUTH CAROLINA
- What is the EIN of CHARTER EDUCATION BOARD OF SOUTH CAROLINA?
- The employer identification number (EIN) of CHARTER EDUCATION BOARD OF SOUTH CAROLINA is 87-4690821.
- Is CHARTER EDUCATION BOARD OF SOUTH CAROLINA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to CHARTER EDUCATION BOARD OF SOUTH CAROLINA tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHARTER EDUCATION BOARD OF SOUTH CAROLINA file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of CHARTER EDUCATION BOARD OF SOUTH CAROLINA 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 CHARTER EDUCATION BOARD OF SOUTH CAROLINA last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2024 for the year ended June 30, 2025.
- Who is the principal officer of CHARTER EDUCATION BOARD OF SOUTH CAROLINA?
- The 990 for the year ended June 30, 2025 names SAMUEL RIVERS JR.
- Who are the officers and directors of CHARTER EDUCATION BOARD OF SOUTH CAROLINA?
- The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does CHARTER EDUCATION BOARD OF SOUTH CAROLINA have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $8,598,617, expenses of $8,703,455 and total assets of $24,322,943 at year end.
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