NORTH EAST CAROLINA PREPARATORY SCHOOL INC (EIN 454784236) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

DR MARK COCKRELL

Phone

2526410464

Tax Period

2023-07-01 to 2024-06-30

NORTH EAST CAROLINA PREPARATORY SCHOOL INC, founded in 2011, is a mid-sized nonprofit in the Education sector that reported $13.2M in total revenue in fiscal year 2023. Revenue surged 20% from the prior year, signaling strong growth momentum. Expenses of $11.9M left a modest 10% surplus.

Mission

NORTH EAST CAROLINA PREPARATORY SCHOOL IS A PUBLIC CHARTER SCHOOL SERVING GRADES K-12 IN TARBORO, NORTH CAROLINA.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $12,271,962

Program Service Revenue $177,001

Investment Income $48,466

Other Revenue $685,211

TOTAL REVENUE $13,182,640

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,439,490

Fundraising Expenses $0

Program Expenses $8,006,363

Other Expenses $5,417,736

TOTAL EXPENSES $11,857,226

Year-over-Year Comparison

	2023	2022	Change
Revenue	$13,182,640	$10,947,080	+0.2%
Expenses	$11,857,226	$10,239,597	+0.2%
Net Income	$1,325,414	$707,483	+0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

194

Volunteers

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

$130,520

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR MARK COCKRELL	EXECUTIVE DIRECTOR	40.00	Officer	$130,520	$0	$130,520
ANNE MANN	CHAIR	1.00	Officer Director	$0	$0	$0
CARA ARCHER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
BEATRIZ WARD	DIRECTOR	1.00	Officer Director	$0	$0	$0
LISA KNIGHT	DIRECTOR	1.00	Director	$0	$0	$0
ELLA BATTS	DIRECTOR	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	$13,182,640	$11,857,226	$32,348,286	$1,325,414
2023	$10,947,080	$10,239,597	$24,353,729	$707,483
2022	$15,904,746	$14,280,275	$43,269,544	$1,624,471
2021	$8,765,939	$8,576,587	$23,977,388	$189,352
2020	$8,941,641	$8,251,365	$1,731,315	$690,276
2019	$8,422,582	$8,392,180	$1,103,584	$30,402
2018	$8,408,271	$8,280,669	$1,112,476	$127,602

NORTH EAST CAROLINA PREPARATORY SCHOOL INC