Community Schools Inc
- Assets
- $3.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chapel Hill, NC
- Founding
- 10/2019
- Data as of
- 12/2019
- EIN
- 84-2752478
Organization Overview
Community Schools Inc is located in Chapel Hill, NC. The organization was established in 2019. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Schools Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION WILL OPERATE A SUBSTANTIAL NUMBER OF HIGH-QUALITY EARLY CHILDHOOD EDUCATIONAL CENTERS PRIMARILY IN THE SOUTHEAST U.S.. THE CENTERS WILL BENEFIT SOCIETY BY EDUCATING AND INSPIRING CHILDREN, SERVING AS A RESOURCE FOR PREDOMINANTLY LOW-INCOME PARENTS AND FAMILIES, PROVIDING MEANINGFUL CAREER OPPORTUNITIES FOR THE LOCAL WORKFORCE, AND HELPING TO BREAK THE CYCLE OF POVERTY. IN ADDITION TO PROVIDING HIGH-QUALITY EDUCATIONAL SERVICES TYPICAL OF SUCH CENTERS, THE ORGANIZATION AIMS TO CREATE A MORE HOLISTIC MODEL FOR EARLY CHILDHOOD EDUCATION, SUPPLEMENTING A HIGH QUALITY EDUCATION WITH CRITICAL SOCIAL SERVICES SUCH AS MEDICAL, DENTAL, AND OTHER KEY RESOURCES THAT PROMOTE HEALTHY CHILDREN AND GREATER OPPORTUNITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ed Morton Chair Of The Board | 5 | $12,500 | |
Dan Kaufman Director | 1 | $8,250 | |
Nadine West Director | 1 | $8,250 | |
David I Newton Interim Executive Director | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $102,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $102,500 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $29,000 |
| Professional fees and other payments to independent contractors | $64,426 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,643 |
| Total expenses | $99,069 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,431 |
| Other assets | $0 |
| Total assets | $3,431 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,431 |