CANONGATE HIGH SCHOOL INC

EIN: 463449109 501(c)(3) Education

Arden, NC

Total Revenue
$218,150
Total Expenses
$232,006
Total Assets
$80,629
Net Assets
$43,379
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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
Erick Allen
Phone
8287128924
Tax Period
2022-09-01 to 2023-06-30

CANONGATE HIGH SCHOOL INC, founded in 2013, is a small nonprofit in the Education sector that reported $218K in total revenue in fiscal year 2022.

Mission

Canongate High School is a religious educational organization affiliated with the Roman Catholic Diocese of Charlotte.

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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 $81,693
Program Service Revenue $136,457
Investment Income $0
Other Revenue $0
TOTAL REVENUE $218,150

Expense Breakdown

Grants Paid $0
Salaries & Benefits $141,637
Fundraising Expenses $0
Program Expenses $232,006
Other Expenses $90,369
TOTAL EXPENSES $232,006

Year-over-Year Comparison

2022 2021 Change
Revenue $218,150 $204,310 +0.1%
Expenses $232,006 $168,341 +0.4%
Net Income $-13,856 $35,969 -1.4%
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
6
Independent Members
6
Employees
16
Volunteers
3

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
0
$0
Total Directors
0
$0
Key Employees
1
$30,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sedrick Dellinger Teacher 30
Key Emp
$30,000 $0 $30,000
Jason Craig Trustee 0.5
$0 $0 $0
Tammy Sullivan Trustee 0.5
$0 $0 $0
Joe Maimone Trustee 0.5
$0 $0 $0
Carlton Murrey Trustee 1
$0 $0 $0
Amy MckEon Trustee 0.5
$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
2023 $218,150 $232,006 $80,629 $-13,856
2022 $204,310 $168,341 $62,235 $35,969
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