Bear Grass Charter School Inc

EIN: 562079581 501(c)(3) Education

Williamston, NC

Total Revenue
$5,372,338
Total Expenses
$5,297,745
Total Assets
$2,955,441
Net Assets
$2,912,962
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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
1997
Legal Domicile
NC
Principal Officer
Delmas B Cumbee Jr
Phone
2527926081
Tax Period
2023-07-01 to 2024-06-30

Bear Grass Charter School Inc, founded in 1997, is a community nonprofit in the Education sector that reported $5.4M in total revenue in fiscal year 2023.

Mission

The mission of Bear Grass Charter School is to enhance the quality of life of all students by ensuring they possess the competencies to achieve success in a technological world. Bear Grass Charter School will prepare students to enter and become successful in a diverse and technological society.

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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 $5,361,066
Program Service Revenue $3,343
Investment Income $7,929
Other Revenue $0
TOTAL REVENUE $5,372,338

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,996,721
Fundraising Expenses $0
Program Expenses $5,297,745
Other Expenses $1,301,024
TOTAL EXPENSES $5,297,745

Year-over-Year Comparison

2023 2022 Change
Revenue $5,372,338 $5,153,235 +0.0%
Expenses $5,297,745 $4,681,964 +0.1%
Net Income $74,593 $471,271 -0.8%
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
8
Independent Members
8
Employees
N/A
Volunteers
N/A

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
Delmas B Cumbee Jr Chair 5.00
Officer Director
$0 $0 $0
William P Hodges President 5.00
Officer Director
$0 $0 $0
Pamela C Gibbs Secretary 5.00
Officer Director
$0 $0 $0
Frank F Beck Director 5.00
Director
$0 $0 $0
Georgia B Smallwood Director 5.00
Director
$0 $0 $0
Charlotte B Griffin Treasurer 5.00
Officer Director
$0 $0 $0
Constance B Cumbee Director 5.00
Director
$0 $0 $0
Donna Moore Director 5.00
Director
$0 $0 $0
Leigh Long Director 5.00
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 $5,372,338 $5,297,745 $2,955,441 $74,593
2023 $5,153,235 $4,681,964 $2,975,955 $471,271
2022 $4,953,089 $4,432,275 $2,470,310 $520,814
2021 $4,455,819 $4,135,997 $1,967,231 $319,822
2020 $4,188,474 $4,029,439 $1,608,432 $159,035
2019 $4,214,790 $3,765,945 $1,476,141 $448,845
2018 $3,803,250 $3,615,611 $1,220,567 $187,639
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