THE NORTH CAROLINA HIGH SCHOOL FOR ACCELERATED LEARNING INC

EIN: 462140704 501(c)(3) Education

CHARLOTTE, NC

Total Revenue
$7,677,444
Total Expenses
$7,649,621
Total Assets
$1,332,424
Net Assets
$86,735
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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
2013
Legal Domicile
NC
Principal Officer
T ANTHONY LINDSEY
Phone
7048994998
Tax Period
2022-07-01 to 2023-06-30

THE NORTH CAROLINA HIGH SCHOOL FOR ACCELERATED LEARNING INC, founded in 2013, is a community nonprofit in the Education sector that reported $7.7M in total revenue in fiscal year 2022. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE STUDENTS WHO HAVE DROPPED OUT OF SCHOOL OR ARE LIKELY TO DROP OUT WITH A NON-TRADITIONAL LEARNING ENVIRONMENT IN WHICH THEY ARE TO EARN A HIGH SCHOOL DIPLOMA AND BE PREPARED FOR POSTSECONDARY SUCCESS

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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 (2022)

Revenue Breakdown

Contributions & Grants $7,677,006
Program Service Revenue $0
Investment Income $0
Other Revenue $438
TOTAL REVENUE $7,677,444

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,264,365
Fundraising Expenses $0
Program Expenses $3,697,060
Other Expenses $5,385,256
TOTAL EXPENSES $7,649,621

Year-over-Year Comparison

2022 2021 Change
Revenue $7,677,444 $6,498,891 +0.2%
Expenses $7,649,621 $6,514,813 +0.2%
Net Income $27,823 $-15,922 -2.7%
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

Financial Distress Indicator

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
9
Independent Members
9
Employees
N/A
Volunteers
9

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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MORGAN KELLY COHEN PRESIDENT 1.00
Officer Director
$0 $0 $0
JO ELLA FERRELL BOARD MEMBER 1.00
Director
$0 $0 $0
JEFFREY HILL BOARD MEMBER 1.00
Director
$0 $0 $0
CLARENCE JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
T ANTHONY LINDSEY TREASURER 1.50
Officer Director
$0 $0 $0
MARY MCCRAY BOARD MEMBER 1.00
Director
$0 $0 $0
NICHOLE PATTERSON VICE PRESIDE 1.00
Officer Director
$0 $0 $0
REGINALD T PINCHAM SECRETARY 1.00
Officer Director
$0 $0 $0
DR BIENVENIDO RODRIGUEZ-MEDINA BOARD MEMBER 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 No data No data No data No data
2023 $7,677,444 $7,649,621 $1,332,424 $27,823
2022 $6,498,891 $6,514,813 $901,516 $-15,922
2021 $5,180,721 $5,170,693 $873,504 $10,028
2020 $5,059,787 $5,045,340 $944,212 $14,447
2019 $4,440,963 $4,407,690 $378,587 $33,273
2018 $3,813,219 $3,803,109 $429,259 $10,110
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