COMMUNITY SCHOOL OF DAVIDSON INC

EIN: 562249691 501(c)(3) Education

DAVIDSON, NC

Total Revenue
$19,918,827
Total Expenses
$18,250,073
Total Assets
$51,479,425
Net Assets
$3,657,189
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
NC
Principal Officer
CRAIG SMITH
Phone
7048966262
Tax Period
2024-07-01 to 2025-06-30

COMMUNITY SCHOOL OF DAVIDSON INC, founded in 2001, is a mid-sized nonprofit in the Education sector that reported $19.9M in total revenue in fiscal year 2024. Expenses of $18.3M left a modest 8% surplus.

Mission

COMMUNITY SCHOOL OF DAVIDSON BELIEVES THAT EVERY STUDENT CAN AND WILL SUCCEED IN WAYS THAT REFLECT HIS OR HER OWN APTITUDES AND INTERESTS. OUR MISSION IS TO USE THE PRINCIPLES OF "THE BASIS SCHOOL" TO PROVIDE AN OPTIMUM ENVIRONMENT FOR LEARNING WHICH:1. TEACHERS AND PARENTS WORK TOGETHER TO CREATE AN INCLUSIVE COMMUNITY OF LEARNING. 2. STUDENTS ARE INTRINSICALLY MOTIVATED AS LIFELONG LEARNERS THROUGH HANDS-ON TEACHING AND AN INTEGRATED CURRICULUM. 3. TEACHERS ARE EMPOWERED AND ENCOURAGED TO TEACH TO THE NEEDS OF EACH INDIVIDUAL STUDENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $18,785,238
Program Service Revenue $162,836
Investment Income $223,490
Other Revenue $747,263
TOTAL REVENUE $19,918,827

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,835,134
Fundraising Expenses $0
Program Expenses $14,433,147
Other Expenses $5,414,939
TOTAL EXPENSES $18,250,073

Year-over-Year Comparison

2024 2023 Change
Revenue $19,918,827 $18,729,122 +0.1%
Expenses $18,250,073 $16,908,366 +0.1%
Net Income $1,668,754 $1,820,756 -0.1%
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
318
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
2
$54,880
Total Directors
8
$174,162
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RANDALL LIGHT DIRECTOR 0.00
Director
$0 $0 $0
DIANE SOWERS DIRECTOR/TEACHER 40.00
Director
$56,213 $0 $56,213
RICK GAY DIRECTOR 0.00
Director
$0 $0 $0
CHRIS HOOVER DIRECTOR/TEACHER 40.00
Director
$65,042 $0 $65,042
EVELYN GERDES DIRECTOR 0.00
Director
$0 $0 $0
GRACE MITCHELL DIRECTOR 0.00
Director
$0 $0 $0
CHARITY MBUTHIA DIRECTOR/PARENT LIAISON 40.00
Director
$52,907 $0 $52,907
NANCY COUSAR BOARD CHAIR 0.00
Officer Director
$0 $0 $0
CRAIG SMITH EXECUTIVE DIRECTOR 40.00
Officer
$54,880 $0 $54,880
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 $19,918,827 $18,250,073 $51,479,425 $1,668,754
2024 $18,729,122 $16,908,366 $49,756,317 $1,820,756
2023 $19,435,232 $15,320,059 $48,976,824 $4,115,173
2022 $16,418,516 $13,803,598 $43,547,467 $2,614,918
2021 $14,187,207 $12,798,399 $29,150,131 $1,388,808
2020 $13,607,028 $12,695,266 $29,097,871 $911,762
2019 $13,486,876 $12,141,026 $28,111,050 $1,345,850
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