CLASSROOM CENTRAL INC

EIN: 030455618 501(c)(3) Education

CHARLOTTE, NC

Total Revenue
$17,733,423
Total Expenses
$13,571,667
Total Assets
$19,203,201
Net Assets
$18,891,009
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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
NC
Principal Officer
KAREN CALDER
Phone
7043771740
Tax Period
2023-07-01 to 2024-06-30

CLASSROOM CENTRAL INC, founded in 2002, is a mid-sized nonprofit in the Education sector that reported $17.7M in total revenue in fiscal year 2023. Revenue surged 55% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.2M, a strong 23% operating margin.

Mission

CLASSROOM CENTRAL FOSTERS EQUITY IN EDUCATION BY PROVIDING TEACHERS AND STUDENTS WITH THE FREE RESOURCES THEY NEED TO SUCCEED.

Program Service Accomplishments

Program 1
Expenses: $12,973,496

THE MISSION OF CC IS TO FOSTER EQUITY IN EDUCATION BY PROVIDING TEACHERS AND STUDENTS WITH THE FREE RESOURCES THEY NEED TO SUCCEED. WE ACCOMPLISH THIS BY DISTRIBUTING FREE SCHOOL SUPPLIES AND OTHER...

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THE MISSION OF CC IS TO FOSTER EQUITY IN EDUCATION BY PROVIDING TEACHERS AND STUDENTS WITH THE FREE RESOURCES THEY NEED TO SUCCEED. WE ACCOMPLISH THIS BY DISTRIBUTING FREE SCHOOL SUPPLIES AND OTHER EDUCATIONAL MATERIALS THROUGH FOUR PROGRAMS: FREE STORE, MOBILE FREE STORE, ONLINE ORDERING WITH CURBSIDE PICK-UP, SUBSCRIPTIONS SERVICE (BEGINNING TEACHERS) AND BACKPACKS AND BASICS (OUR ONLY DIRECT-TO-SCHOOLS INITIATIVE). TEACHERS AND OTHER SCHOOL PERSONNEL IN QUALIFYING HIGH-NEEDS SCHOOLS AS DEFINED BY THE NATIONAL SCHOOL LUNCH PROGRAM, MAY "SHOP" FOR FREE SUPPLIES THROUGHOUT THE ACADEMIC YEAR. ALL MATERIALS DISTRIBUTED ARE USED TO CREATE INVITING LEARNING ENVIRONMENTS, AND TO SUPPORT THE ACADEMIC AND PERSONAL GROWTH OF LOW-SOCIOECONOMIC STUDENTS. THE FREE STORE PROGRAM IS OPEN WEEKLY THROUGHOUT THE SCHOOL YEAR FOR TEACHER SHOPPING. OUR MOBILE FREE STORE TRAVELS ONCE PER WEEK AND VISITS DISTRICTS SERVED (CURRENTLY SIX SCHOOL DISTRICTS TO INCLUDE CHARLOTTE MECKLENBURG, KANNAPOLIS CITY, IREDELL-STATESVILLE, UNION COUNTY, GASTON COUNTY IN NC AS WELL AS LANCASTER COUNTY SCHOOLS IN SC) AND WORKS ON A SIX-WEEK ROTATION THROUGHOUT THE ACADEMIC YEAR TO ENSURE THAT TEACHERS FURTHEST FROM OUR FREE STORE MAY RECEIVE AMPLE SUPPLIES AND RESOURCES. OUR ONLINE ORDERING WITH CURBSIDE PICK-UP PROGRAM WAS LAUNCHED DURING THE COVID-19 PANDEMIC AS A WAY TO ENSURE TEACHERS AND STUDENTS WERE ABLE TO RECEIVE NEEDED SUPPLIES SAFELY AND EFFICIENTLY. THE PROGRAM WAS SO POPULAR THAT IT HAS BEEN INCORPORATED AS A PERMANENT PART OF OUR OPERATIONS. TEACHERS PLACE AN ORDER ONLINE VIA THE CLASSROOM CENTRAL WEBSITE, ORDERS ARE PACKED BY VOLUNTEERS AND ARE AVAILABLE TO BE PICKED UP THROUGH A DRIVE-THRU SYSTEM. OUR SUBSCRIPTION SERVICE PROVIDES FREE SCHOOL SUPPLIES TO FIRST-YEAR TEACHERS IN ELIGIBLE CHARLOTTE-MECKLENBURG SCHOOLS. EACH QUARTER, SUPPLIES ARE SHIPPED DIRECTLY TO THE FIRST-YEAR TEACHERS. FINALLY, BACKPACKS AND BASICS ENGAGES DONORS TO OFFSET THE COST OF PROVIDING A NEW BACKPACK FILLED WITH BASIC SCHOOL SUPPLIES FOR STUDENTS ATTENDING THE HIGHEST NEEDS SCHOOLS WITHIN OUR SERVICE AREA. CLASSROOM CENTRAL HAS DISTRIBUTED MORE THAN 80 MILLION IN SUPPLIES AND RESOURCES SINCE OPENING IN 2002.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $17,146,200
Program Service Revenue $0
Investment Income $271,342
Other Revenue $315,881
TOTAL REVENUE $17,733,423

Expense Breakdown

Grants Paid $11,839,623
Salaries & Benefits $1,023,856
Fundraising Expenses $334,602
Program Expenses $12,973,496
Other Expenses $708,188
TOTAL EXPENSES $13,571,667

Year-over-Year Comparison

2023 2022 Change
Revenue $17,733,423 $11,436,708 +0.6%
Expenses $13,571,667 $10,933,660 +0.2%
Net Income $4,161,756 $503,048 +7.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
20
Independent Members
20
Employees
11
Volunteers
3666

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$223,820
Total Directors
21
$223,820
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN CALDER EXECUTIVE DI 40.00
Officer Director
$223,820 $0 $223,820
STEPHANIE BORDERS BOARD MEMBER 1.00
Director
$0 $0 $0
VANECIA CARR 2ND VICE CHA 1.00
Director
$0 $0 $0
JAMES CHEMPLAVIL CHAIR - PROG 1.00
Director
$0 $0 $0
PAULA COOK BOARD MEMBER 1.00
Director
$0 $0 $0
LENORE CULPEPPER BOARD MEMBER 1.00
Director
$0 $0 $0
ANGELA FUMO BOARD MEMBER 1.00
Director
$0 $0 $0
RENEE GOLZ EX-OFFICIO M 1.00
Director
$0 $0 $0
MARCUS KIMBROUGH BOARD MEMBER 1.00
Director
$0 $0 $0
JOSH MCCONAUGHEY VICE CHAIR 1.00
Director
$0 $0 $0
ANNE MCGOVERN CHAIR - MARK 1.00
Director
$0 $0 $0
CORIE PAULING BOARD MEMBER 1.00
Director
$0 $0 $0
HUNTER PEAK BOARD MEMBER 1.00
Director
$0 $0 $0
TIM PENROSE BOARD MEMBER 1.00
Director
$0 $0 $0
LINDA REEVES SECRETARY 1.00
Director
$0 $0 $0
NEELY ROSE TREASURER 1.00
Director
$0 $0 $0
CHRIS SHAAF BOARD MEMBER 1.00
Director
$0 $0 $0
RORY SNAVELY BOARD MEMBER 1.00
Director
$0 $0 $0
PALACE STEPPS BOARD MEMBER 1.00
Director
$0 $0 $0
APRIL WHITLOCK BOARD MEMBER 1.00
Director
$0 $0 $0
CHASSITY WICKWARE CHAIR - ADVI 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $17,733,423 $13,571,667 $19,203,201 $4,161,756
2023 $11,436,708 $10,933,660 $14,774,743 $503,048
2022 $10,548,654 $7,634,452 $14,278,709 $2,914,202
2021 $9,810,026 $6,586,835 $11,369,266 $3,223,191
2020 $7,079,980 $6,161,131 $8,198,813 $918,849
2019 $9,117,456 $6,288,382 $7,209,622 $2,829,074
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