HIGH POINT ACADEMY INC

EIN: 900970217 501(c)(3) Education

SPARTANBURG, SC

Total Revenue
$16,932,368
Total Expenses
$16,779,761
Total Assets
$33,315,015
Net Assets
$5,695,662
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
SC
Principal Officer
BRIAN SHERMAN
Phone
8643169788
Tax Period
2023-07-01 to 2024-06-30

HIGH POINT ACADEMY INC, founded in 2013, is a mid-sized nonprofit in the Education sector that reported $16.9M in total revenue in fiscal year 2023.

Mission

MISSION: CULTIVATING LIFELONG LEARNERS IN A STUDENT CENTERED ENVIRONMENT.VISION: TO BE AN EXEMPLARY SCHOOL OF CHOICE FOR ACADEMICALLY MINDED FAMILIES

Program Service Accomplishments

Program 1
Expenses: $11,865,414 Revenue: $535,779

HIGH POINT ACADEMY SUPPORTS ALL STUDENTS TO DEVELOP WORLD-CLASS SKILLS THAT MATCH THE PROFILE OF THE SOUTH CAROLINA GRADUATE. OUR SCHOOL IS CONTINUOUSLY MAKING STRIDES TO BECOME THE PREMIER SCHOOL IN...

Read more

HIGH POINT ACADEMY SUPPORTS ALL STUDENTS TO DEVELOP WORLD-CLASS SKILLS THAT MATCH THE PROFILE OF THE SOUTH CAROLINA GRADUATE. OUR SCHOOL IS CONTINUOUSLY MAKING STRIDES TO BECOME THE PREMIER SCHOOL IN SOUTH CAROLINA. WE PROVIDE A SECURE AND SAFE ENVIRONMENT FOR MORE THAN 1,200 STUDENTS IN KINDERGARTEN THROUGH TWELFTH-GRADES. AT HIGH POINT ACADEMY, OUR MISSION IS TO BUILD TOMORROW'S LEADERS TODAY. WE ACCOMPLISH THIS THROUGH A COMMUNITY-CENTERED SCHOOL BUILT ON THE PRINCIPLES OF HONOR, INTEGRITY, AND SERVICE. OUR FOCUS IS ON ACADEMIC EXCELLENCE, STEAM EDUCATION, AND PROJECT-BASED LEARNING THROUGH APPLIED INSTRUCTION. IN PARTNERSHIP WITH FAMILY AND COMMUNITY, EACH STUDENT IS CHALLENGED TO ACHIEVE THEIR HIGHEST POTENTIAL ACADEMICALLY, SOCIALLY, AND PERSONALLY. WE RECRUIT THE FINEST EDUCATORS AND EMPOWER THEM TO MAKE THE BEST DECISIONS FOR OUR STUDENTS. OUR TEACHERS STRIVE TO EXPAND THEIR KNOWLEDGE OF EFFECTIVE INSTRUCTIONAL METHODS BY ATTENDING YEAR-ROUND PROFESSIONAL DEVELOPMENT. THESE PROGRAMS HELP ENHANCE OUR ACADEMIC ENVIRONMENT FOR ALL STUDENTS. COMBINED WITH THIS CONTINUING EDUCATION, OUR TEACHERS LOVE OUR STUDENTS, CHALLENGE THEM TO DEVELOP A STRONG MORAL COMPASS AND FIND CREATIVE WAYS TO REACH EACH STUDENT INDIVIDUALLY. BY DOING THIS, STUDENTS CAN REACH THEIR POTENTIAL AS LIFE-LONG LEARNERS AND SUCCESSFUL COMMUNITY MEMBERS. AS A SCHOOL OF CHOICE, WE PRIDE OURSELVES IN OFFERING A PROGRAM OF LEARNING TO HELP CREATE THE KIND OF SCHOOL WE ALL WISHED WE HAD THE OPPORTUNITY TO ATTEND. IN ADDITION TO STANDARD ACADEMIC COURSES, OUR STUDENTS HAVE THE CHANCE TO TAKE A VARIETY OF CLASSES DURING THE SCHOOL DAY INCLUDING PIANO, AMERICAN SIGN LANGUAGE, SPANISH, CHORUS, MUSIC, THEATER, ART, BAND, DANCE, ROBOTICS, PHYSICAL EDUCATION, WEIGHT TRAINING, STEAM, PLTW, KEYBOARDING, DRIVER'S EDUCATION, PERSONAL FINANCE, AND DUAL CREDIT COLLEGE COURSES BOTH ON AND OFF-CAMPUS. STUDENTS MAY PARTICIPATE IN EXTRACURRICULAR ACTIVITIES LIKE CLUBS BOTH DURING THE SCHOOL DAY AND AFTER SCHOOL. EXAMPLES INCLUDE NHS, BETA CLUB, GIRLS ON THE RUN, HS ART CLUB, ASL CLUB, THEATER CLUB, 4-H PET PALS, LEGO, AND JUNIOR VET, AND MANY OTHERS. STUDENTS CAN ALSO SHOWCASE THEIR SKILLS IN THEATER PRODUCTIONS, HONOR CHOIR, ART SHOWS, AND COMPETITIONS IN OUR HIGH SCHOOL SKILLS USA CLUB. STUDENTS HAVE THE OPPORTUNITY TO COMPETE IN AREAS OF DYE SUBLIMATION/T-SHIRT DESIGN, ADVERTISING DESIGN, ENTREPRENEURSHIP, TELEVISION (VIDEO) PRODUCTION, MEDICAL TERMINOLOGY, AND A VARIETY OF OTHER AREAS GROUNDED IN CAREER AND TECHNOLOGY CLASSES TAUGHT AT HPA. THE CAREER CLASSES OFFERED IN HIGH SCHOOL LEAD TO CERTIFICATIONS, INTERNSHIPS (SOME PAID), APPRENTICESHIPS, AND CAREERS RIGHT AFTER SCHOOL OR FINDING PART-TIME WORK EITHER WHILE IN HIGH SCHOOL OR AT COLLEGE. STUDENTS CAN COMPLETE A THREE OR FOUR CLASS PROGRAM IN GENERAL MANAGEMENT, BUSINESS INFORMATION MANAGEMENT, GRAPHIC COMMUNICATIONS, BROADCASTING, MEDIA-TECH, DIGITAL ART & DESIGN, AND DRONE PILOTING. STUDENTS MAY TAKE STATE-APPROVED INDUSTRY CREDENTIALING TESTS UPON COMPLETING THESE PROGRAMS IN ADOBE, QUICKBOOKS CERTIFIED USER, CERTIFIED ASSOCIATE IN PROJECT MANAGEMENT (CAPM), OSHA 10, PRAXIS CORE, AND FAA DRONE PILOTING. ALL PROGRAMS ARE REVIEWED YEARLY BY THE CTE ADVISORY BOARD, WHICH INCLUDES SCHOOL PARTNERS WITH ADIDAS, JOHNSTONE SUPPLY, BOMAR PRINTING, CAROLINA HEATING, AND AIR, SC WORKS, AND THE BENJAMIN FRANKLIN EXPERIENCE. GRADUATES LEAVE WITH A WORKING RESUME THROUGH TALLO, SOFT SKILL TRAINING, AND CAREER-FOCUSED GOALS WITH A PLAN FOR COLLEGE OR THE WORKFORCE. HIGH POINT ACADEMY WORKS DILIGENTLY TO PROVIDE JOB SHADOWING AND INTERNSHIP OPPORTUNITIES WITH LOCAL ORGANIZATIONS AND COMPANIES. THESE INCLUDE BERT'S AUTOMOTIVE, AUDI, ISRAEL AUTOMOTIVE, ST. LUKE'S FREE MEDICAL CLINIC, AND MIDWAY RESIDENTIAL CARE FACILITY TO LIST A FEW. BEYOND ACADEMICS, HIGH POINT ACADEMY OFFERS MANY SPORTING OPPORTUNITIES. STUDENTS CAN PARTICIPATE IN WRESTLING, VOLLEYBALL, CROSS COUNTRY, BASKETBALL, SOFTBALL, BASEBALL, SOCCER, AND CHEERLEADING. WE BELIEVE OUR STUDENTS ARE GIFTED AND NEED ONLY THE OPPORTUNITY TO EXPLORE THEIR GIFTS TO DEVELOP THE PASSIONS THAT WILL MAKE THEM SUCCESSFUL. WITH EXCEPTIONAL ACADEMIC ART CLASSES AND INNOVATIVE INSTRUCTION, THE POSITIVE IMPACT ON OUR COMMUNITY AND FAMILIES IS TREMENDOUS. OUR SCHOOL IS EXCITED TO ENRICH THE LIVES OF THE STUDENTS WHO CALL HIGH POINT ACADEMY THEIR SCHOOL OF CHOICE. IT IS AN HONOR TO SERVE THEM AND OUR COMMUNITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $16,059,409
Program Service Revenue $512,736
Investment Income $212,926
Other Revenue $147,297
TOTAL REVENUE $16,932,368

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,329,646
Fundraising Expenses $0
Program Expenses $11,865,414
Other Expenses $5,450,115
TOTAL EXPENSES $16,779,761

Year-over-Year Comparison

2023 2022 Change
Revenue $16,932,368 $16,893,091 +0.0%
Expenses $16,779,761 $16,502,758 +0.0%
Net Income $152,607 $390,333 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
255
Volunteers
45

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
$144,038
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GENNA JO PARKER BOARD CHAIR 2.00
Officer Director
$0 $0 $0
KYLE WALTZ BOARD MEMBER 2.00
Director
$0 $0 $0
JOSH PURSER BOARD MEMBER 2.00
Director
$0 $0 $0
TEKA BENSON SECRETARY 2.00
Officer Director
$0 $0 $0
PJ PERTELL BOARD MEMBER 2.00
Director
$0 $0 $0
TERSEA ROLLINS TREASURER 2.00
Officer Director
$0 $0 $0
DEBBIE WRIGHT BOARD MEMBER 2.00
Director
$0 $0 $0
MATT NESTBERG VICE CHAIR 2.00
Officer Director
$0 $0 $0
SARAH HOCK BOARD MEMBER 2.00
Director
$0 $0 $0
BRIAN SHERMAN SUPERINTENDENT 50.00
Officer
$137,443 $6,595 $144,038
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
2024 $16,932,368 $16,779,761 $33,315,015 $152,607
2023 $16,893,091 $16,502,758 $33,424,338 $390,333
2022 $17,137,634 $16,205,380 $33,724,811 $932,254
2021 $16,108,414 $14,341,072 $32,871,458 $1,767,342
2020 $13,724,783 $14,344,347 $32,838,995 $-619,564
2019 $13,777,323 $13,558,346 $32,430,444 $218,977
2018 $12,489,411 $11,219,330 $3,879,825 $1,270,081
Explore More Nonprofits
Top 100 Nonprofits in South Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HIGH POINT ACADEMY INC with other nonprofits in South Carolina and across the country.