Nonprofit · EIN 88-3645602
INDEPENDENT SCHOOL COLLABORATIVE
Tax-exempt · WINSTON SALEM, NC 27106
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $105,698 | $92,658 | $13,040 | $44,836 | $19,375 | $25,461 |
| December 31, 2023 | 990 | $238,213 | $225,792 | $12,421 | $25,454 | $13,033 | $12,421 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Membership dues
- $98,528
- Program service revenue
- $6,248
- Investment income
- $922
Expenses
- Compensation of officers, directors and key employees
- $54,000
- Salaries, compensation and benefits (total)
- $54,000
- Professional fees and payments to contractors
- $2,031
- Other expenses
- $36,627
- Program services (functional)
- $63,420
Balance sheet and other
- Total assets, start of year
- $25,454
- Total assets, end of year
- $44,836
- Total liabilities, end of year
- $19,375
- Net assets, end of year
- $25,461
- Cash, savings and investments
- $12,797
- Gross receipts
- $105,698
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Linda Nelson | Executive Director | 20 | $54,000 |
| Kerin Hughes | President | 1 | $0 |
| Ed Ellison | Board Member | 1 | $0 |
| Peter Denton | Board Member | 0.5 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kerin Hughes | Board Chair Trustee or director, Officer | 0.5 | $0 |
| Ed Ellison | Board Member Trustee or director, Officer | 0.5 | $0 |
| Peter Denton | Board Member Trustee or director, Officer | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 1959 N PEACE HAVEN RD, WINSTON SALEM, NC 27106-4850
- In care of
- % LINDA S NELSON
- Mailing address (990-N for 2022)
- 1959 N Peacehaven Rd Box 143, Winston Salem NC 27106
- Principal officer (990-N for 2022)
- Linda S Nelson, 6001 Rittenhouse Rd, Winston Salem NC 27104
- Signed the 990-EZ
- Rebecca Slay, Administrative Coordinator
Mission
Our mission is to support education and innovation by leveraging collective numbers sharing resources and expanding programs and offerings for independent schools.
Program accomplishments
- The ISC is the sponsor for a multiple employer plan for member schools. Annual member fees are paid by schools and participants pay quarterly fees based on investment balancesExpenses $37,360
- The ISC provides consolidated purchasing for select classroom resources at discounted prices. Some vendors require a consoliated order. In those cases we collect the fees from schools for that order and submit the total collected to the vendor. For other vendors we refer schools to the vendor for a discount as a member of the ISC and the school pays the vendor directly. Consolidated purchasing is a cost saving service for schools and not a profit center.Expenses $26,060
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 88-3645602
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y35)
- Assets (IRS master file)
- $44,836
- Income (IRS master file)
- $105,698
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $105,698 | $92,658 | $44,836 | XML |
| 990 | December 2023 | $238,213 | $225,792 | $25,454 | XML |
| 990-N for 2022 Officer: Linda S Nelson | December 31, 2022 | ≤ $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 88-3645602).
Questions about INDEPENDENT SCHOOL COLLABORATIVE
- What is the EIN of INDEPENDENT SCHOOL COLLABORATIVE?
- The employer identification number (EIN) of INDEPENDENT SCHOOL COLLABORATIVE is 88-3645602.
- Is INDEPENDENT SCHOOL COLLABORATIVE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to INDEPENDENT SCHOOL COLLABORATIVE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INDEPENDENT SCHOOL COLLABORATIVE 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 INDEPENDENT SCHOOL COLLABORATIVE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INDEPENDENT SCHOOL COLLABORATIVE last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of INDEPENDENT SCHOOL COLLABORATIVE?
- The 990-N for 2022 names Linda S Nelson.
- Who are the officers and directors of INDEPENDENT SCHOOL COLLABORATIVE?
- The 990-EZ for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $54,000 (Linda Nelson, Executive Director).
- How much revenue does INDEPENDENT SCHOOL COLLABORATIVE have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $105,698, expenses of $92,658 and total assets of $44,836 at year end.
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