Durham Community Charter School

EIN: 561994950 501(c)(3) Education

Durham, NC

Total Revenue
$10,607,778
Total Expenses
$11,473,635
Total Assets
$8,007,047
Net Assets
$2,237,329
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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
1998
Legal Domicile
NC
Principal Officer
Donnell Cannon
Phone
9199547040
Tax Period
2023-07-01 to 2024-06-30

Durham Community Charter School, founded in 1998, is a mid-sized nonprofit in the Education sector that reported $10.6M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

Operation of a public charter school.

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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 $1,891,703
Program Service Revenue $8,716,075
Investment Income $0
Other Revenue $0
TOTAL REVENUE $10,607,778

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,804,585
Fundraising Expenses $183
Program Expenses $9,292,208
Other Expenses $3,669,050
TOTAL EXPENSES $11,473,635

Year-over-Year Comparison

2023 2022 Change
Revenue $10,607,778 $9,583,044 +0.1%
Expenses $11,473,635 $10,037,765 +0.1%
Net Income $-865,857 $-454,721 +0.9%
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
148
Volunteers
6

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
7
$156,472
Key Employees
1
$156,472
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Donnell De'Shawn Cannon Executive Director 040.00
Director Key Emp
$156,472 $0 $156,472
Elan Hope Co-Board Chair 001.00
Officer Director
$0 $0 $0
Aliyah Abdur-Rahman Co-Board Chair 001.00
Officer Director
$0 $0 $0
Zack Kaplan Secretary 001.00
Officer Director
$0 $0 $0
Reginald Johnson Treasurer 001.00
Officer Director
$0 $0 $0
Michael Martin Board Member 001.00
Director
$0 $0 $0
Tiffany Graves Board Member 001.00
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 $10,607,778 $11,473,635 $8,007,047 $-865,857
2023 $9,583,044 $10,037,765 $9,244,990 $-454,721
2022 $9,532,289 $9,590,859 $9,430,261 $-58,570
2021 $9,079,253 $7,978,248 $9,632,332 $1,101,005
2020 $7,386,702 $7,452,055 $3,486,742 $-65,353
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