CORVIAN COMMUNITY SCHOOL INC

EIN: 272404538 501(c)(3) Education

CHARLOTTE, NC

Total Revenue
$17,769,447
Total Expenses
$18,194,236
Total Assets
$68,854,143
Net Assets
$-7,310,251
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
NC
Principal Officer
JESSICA CULPEPPER
Phone
7047177550
Tax Period
2024-07-01 to 2025-06-30

CORVIAN COMMUNITY SCHOOL INC, founded in 2010, is a mid-sized nonprofit in the Education sector that reported $17.8M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

CORVIAN COMMUNITY SCHOOL IS COMMITTED TO USING THE PRINCIPLES OF "THE BASIC SCHOOL" BY THE LATE DR. ERNEST L. BOYER, PRESIDENT OF THE CARNEGIE FOUNDATION FOR THE ADVANCEMENT OF TEACHING. OUR MISSION IS TO ENSURE CORVIAN COMMUNITY SCHOOL IS A PLACE WHERE STUDENTS ARE ENGAGED AS LEARNERS IN CLASSROOMS WITH HANDS-ON TEACHING, TEACHERS ARE EMPOWERED TO MEET THE NEEDS OF STUDENTS ON AN INDIVIDUAL BASIS, AND PARENTS BECOME PARTNERS TO MAKE EACH CLASSROOM A COMMUNITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $15,942,591
Program Service Revenue $1,323,653
Investment Income $478,635
Other Revenue $24,568
TOTAL REVENUE $17,769,447

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,971,641
Fundraising Expenses $0
Program Expenses $13,105,133
Other Expenses $7,222,595
TOTAL EXPENSES $18,194,236

Year-over-Year Comparison

2024 2023 Change
Revenue $17,769,447 $16,172,003 +0.1%
Expenses $18,194,236 $16,368,680 +0.1%
Net Income $-424,789 $-196,677 +1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
310
Volunteers
7

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
5
$182,907
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ED FRANKLIN CHAIR 5.00
Officer Director
$0 $0 $0
JESH HUMPHREY VICE CHAIR 5.00
Officer Director
$0 $0 $0
MICHELLE SPENCER SECRETARY 5.00
Officer Director
$0 $0 $0
ANGELA MARTIN ASSISTANT SECRETARY 5.00
Officer Director
$0 $0 $0
DREW POLLY BOARD MEMBER 5.00
Director
$0 $0 $0
JESSICA CULPEPPER BOARD MEMBER 5.00
Director
$0 $0 $0
HEATHER HUCKS BOARD MEMBER 5.00
Director
$0 $0 $0
NICKI SINCLAIR EXECUTIVE DIRECTOR 40.00
Officer
$182,907 $0 $182,907
REBEKAH DIGAVERO PRINCIPAL 40.00
Highest
$100,149 $0 $100,149
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 $17,769,447 $18,194,236 $68,854,143 $-424,789
2024 $16,172,003 $16,368,680 $71,773,516 $-196,677
2023 $18,363,102 $17,771,269 $71,221,108 $591,833
2022 No data No data No data No data
2022 $14,331,926 $13,410,461 $51,794,096 $921,465
2021 $13,458,841 $12,364,810 $50,622,866 $1,094,031
2020 $10,940,416 $11,905,723 $49,613,706 $-965,307
2019 $9,326,323 $9,143,960 $25,690,985 $182,363
2018 $7,404,398 $8,643,214 $26,682,797 $-1,238,816
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