DEUTSCHE SCHULE CHARLOTTE INC

EIN: 581388088 501(c)(3) Arts, Culture & Humanities

CHARLOTTE, NC

Total Revenue
$317,376
Total Expenses
$228,988
Total Assets
$312,274
Net Assets
$253,809
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
NC
Principal Officer
CHRISTIANE NEUMANN
Phone
7045414081
Tax Period
2024-07-01 to 2025-06-30

DEUTSCHE SCHULE CHARLOTTE INC, founded in 1974, is a small nonprofit in the Arts, Culture & Humanities sector that reported $317K in total revenue in fiscal year 2024. Revenue surged 72% from the prior year, signaling strong growth momentum. The organization ran a surplus of $88K, a strong 28% operating margin.

Mission

THE SCHOOL IS DEDICATED TO FOSTERING A VIBRANT AND INCLUSIVE ENVIRONMENT WHERE STUDENTS OF ALL BACKGROUNDS CAN LEARN THE GERMAN LANGUAGE AND CULTURE. THROUGH EXCEPTIONAL SATURDAY CLASSES AND A COMMITMENT TO EDUCATIONAL EXCELLENCE, THE SCHOOL EMPOWERS STUDENTS TO EMBRACE MULTILINGUALISM, EXPAND THEIR GLOBAL PERSPECTIVE, AND STRENGTHEN THEIR TIES TO THE GERMAN-SPEAKING WORLD.

Program Service Accomplishments

Program 1
Expenses: $185,848 Revenue: $245,473

SCHOOL TEACHES APPROXIMATELY 150 CHILDREN FROM PRE-KINDERGARTEN THROUGH TWELFTH GRADE TO SPEAK, READ, WRITE, AND UNDERSTAND THE GERMAN LANGUAGE. THE SCHOOL ASPIRES TO BE THE LEADING INSTITUTION FOR...

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SCHOOL TEACHES APPROXIMATELY 150 CHILDREN FROM PRE-KINDERGARTEN THROUGH TWELFTH GRADE TO SPEAK, READ, WRITE, AND UNDERSTAND THE GERMAN LANGUAGE. THE SCHOOL ASPIRES TO BE THE LEADING INSTITUTION FOR GERMAN LANGUAGE AND CULTURAL EDUCATION IN THE REGION. BY NURTURING A LIFELONG LOVE FOR LEARNING, BUILDING STRONG CONNECTIONS WITHIN OUR COMMUNITY, AND CELEBRATING THE RICHNESS OF GERMAN HERITAGE, THE SCHOOL AIMS TO INSPIRE FUTURE GENERATIONS TO THRIVE AS GLOBAL CITIZENS.

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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 $71,840
Program Service Revenue $244,023
Investment Income $63
Other Revenue $1,450
TOTAL REVENUE $317,376

Expense Breakdown

Grants Paid $0
Salaries & Benefits $119,492
Fundraising Expenses $0
Program Expenses $185,848
Other Expenses $109,496
TOTAL EXPENSES $228,988

Year-over-Year Comparison

2024 2023 Change
Revenue $317,376 $184,786 +0.7%
Expenses $228,988 $195,162 +0.2%
Net Income $88,388 $-10,376 -9.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
3
Employees
15
Volunteers
18

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
5
$43,000
Total Directors
10
$43,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL RAFFLER BOARD MEMBER THRU OCT 2024 1.00
Director
$0 $0 $0
HANS HILGENSTOCK BOARD MEMBER THRU OCT 2024 1.00
Director
$0 $0 $0
ALEXANDER KRAEMER BOARD MEMBER 1.00
Director
$0 $0 $0
SAM KHASHMAN BOARD MEMBER 1.00
Director
$0 $0 $0
SLIF ULRICH BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICK OLDMANN PRESIDENT THRU OCT 2024 1.00
Officer Director
$0 $0 $0
SUSANNE RECKORD EVENT MGR TURNED PRES. NOV 2024 2.00
Officer Director
$0 $0 $0
ADRIAN STIEFEL SECRETARY 1.00
Officer Director
$0 $0 $0
SIGRID BELLUZ PRINCIPAL 20.00
Officer Director
$35,000 $0 $35,000
CHRISTIANE NEUMANN TREASURER 20.00
Officer Director
$8,000 $0 $8,000
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 $317,376 $228,988 $312,274 $88,388
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