rom 990 Return of Organization Exempt From Income Tax [outa no 15s5.0067 cae Under section 501, 527, or 4547() ofthe Internal Revenue Code (except black tun Diparmert cin easy (©) 527 Genet ust or privat foundation) * ‘Open to Public Brean can >The cxganzaton may have to vse a copy ofthe reluno satay sale reporting requrements inspection srbegiming 7/01/08 jandendng 6/30/09 15 Forte 308 3 oetfrsent | Pest |C hae lopmenmn © Employer enicatonnamber macnone | CHARTER DAY SCHOOL, INC. Camere |r| toate 56~2173031. Cleceon | Mee | ta Pow ea cd Tana E Temonow meee ec ttje| 2055 BACON'S WAY 910-655-1214 Cremeans eet | cay ar tow, st or cory. nd 2P +4 ‘Giounaut 7,529,201 Conese [oon | LETAND Ne 28451 restate sontey [F Name and access of pica ocr ee ve Ene A 8 ea ai te sn Tecarenaisavs [A] sone] (3) aimsenno) [Teoioe 1 Tr Webate: & Www. Charterdayschool.com Hie) cenp eengce unter 2 1 pe clones [XT oerpaten [| tast TT sstcconon | [omer Te wsrarmenion 2999 [w suivcingnconen NC Part Summary 11 Brey desonbe the organzaons mason or moat agicant aces | EDUCATION OF STUDENTS IN KINDERGARTEN THROUGH OTH GRADE : 3} 2 checks box > [[] sine ocganzation discontinued ts operations or disposed of more than 25% of ts assets |_3._ Number of voung members of the governing body (Part Vi, ine 1a) a|8 | 4 Number ofincependsentveing members ofthe govering Body (Pant Vl, ine 1) ran | 5 Total number of employees (Par Vine 23) = [135 B| 6. totatnumber of voumeers(esumate necessary) « a Total goss unclat business revenue trom Pat Vil ine 12, column (C) 7a b Net uneiates busmess taxable ncome fom Form 9907, hae 34 7 a aaa caver 8 Contmuuons and grants (Par Vl ine th) 595,717 332,947 2 | 9 Prosram sernce revenue (Par Vi, ine 2a) €,093,157| 7,159,459 é 10 Investment income (Part Vil, cokumn (A), tines 3, 4. and 74), 15,448] 26,417 41. Other venue (Pat Vl, columa A) lnes 5, 64, Be, Se, 10, and 11) 258 285 12 Total revenue-—add ines 8 though $1 (must equal Part Vl, col (A). Bn 12) ©, 704,580| 7,519,108 13. Grants end sar amounts pad (Pat X, column (A, nes 1-3), 14. Benefits pat 0 or for members (Part IX, calumn (A), be 4) ¢g| 15 Salores, other compensaton, empoyee beefs (Part IX, column A}. nes 5-10) 2,508, 832| 3,183,370 2 | 6a Protessonalunrasing fees (Part, eur (A). ne 11) 1 47 omer expenses (Pa x, a0 3,852,780, 4,319,145 FA | 1 Toatespenses as ined 3-17 rea. ne 25 6,361, 612| 7,502,519 SB _| 12 rovenve es excenses fubsserine Tetromine 12_ | 342,968[ 16/589 Fy 2 Bapraing ter BE ED 0 roan parxme $B) SANS TOE Ya) fae ae 4) 21 totiadives (Pan x. neo) =| 32,996 36,383 S iL zz et assets or fund balenced sueM SEVER 993, 600| 1,010,189 > Patil Signature Block—— 8 ‘de praiestpeny. ec eum, cing staan ches ad atanent anda est of my Knwie 3 srobetey ese fet Oat aca a Sas ov at oan anh prepress By knows Sign > i zs Here Oe > S Wore Nest Bensone. at/21)i0 aa ; Ome Gye Rapa ara ee Paid [ome GA LEG tL 12/10/09] Snes » O| 860394550 Preparers eammew Af, PETWAY MILLS & PEARSON, PA nb 20-2102404 Use Only | (icemsona, P.O. Box 1036 rene ssienerdzhes 7 Zebulon, NC 27597-1036 so » 919-269-7405 Exl ves [ [vc iMay the IRS discuss thes retum wih the preparer shown above? (see mstuctors) ‘Baa For Privacy Act and Paperwork Reduction Act Notice, see the separate InavUGHIONS Form 980 (2000) \t210 20720003 15 Po Form 990 2008) CHARTER DAY SCHOOL, INC. 56-2173031 Part ll Statement of Program Service Accomplishments_(see instructions) “1 Bnetly descnbe the oxganizaton's mssion EDUCATION OF STUDENTS IN KINDERGARTEN THROUGH 8TH GRADE Page 2 2 Did the organcabon undertake any signilcant program servces dunng the year whvch ware not ised on the pror Ferm 980 or 990-627 17Ye8," descnbe these new gervces on Scneduie 0 3 Did the organizaton cease conducting, or make signricant changes m how conducts, any program tres, describe these changes on Schedule 0 4 Desnbe tne exempt purpose achievements foreach ofthe ergantaton's Bree largest program serves by expenses. ‘Section 501(¢K3) and 501(¢)4) organzatons and secon 4847(a)1) busts ate requred to report the amount of grants and ‘llocatons to others, the total expentes, and revenve, i any, for each program seruice reported. 42 (Code. Viepenses $y 837,933 mudng ganisof $ ) (Revenue § OPERATED TWO CHARTER SCHOOLS IN NORTH CAROLINA SERVING APPROXIMATELY 947 STUDENTS IN KINDERGARTEN THROUGH 8TH GRADE FOR THE FISCAL YEAR ENDING JUNE 30, 2009. Cl ves no Ores i no “(Code )epenses rndluding grants of $ (Revenue § 4: (Code ViExpences & ) Revenue § ‘4d_ Other program servces (Descnbe m Schedule O ) (Expenses § 2 Total program service expenses P_§. aa including grants of $ 4,837,933 ) (Revenue $ [Must equal Pan DX Line 25, column (8)) 1 Fom 990 (2006)Form e90 2008) CHARTER DAY SCHOOL, INC. 56-2173031 Page 3 PartIV___ Checklist of Required Schedules 1 Is the erganizaton described n secton $01(¢)(3) o 4847(2),1) (ther than a prvate foundation)? It-Yes,” emplte Schedule A ul 2 Is the organzaton requred to camplete Schedule B, Schedule of Contibutors? 2 x 3D the organzaton engage n drect or indirect poitcal campaign actwtes on behalf of orm oppostion to cancidates for puble ofce? “Yes, complete Schedule C, Par | 3 x 4 Section 501(c)(3) organizations. Dis the organzaton engage in lobbying achutes? “Yes” complete Schedule C, Pari! 4 x 5 Section 501{c)(4), 501(cN5), and 501(¢),6) organizations. s the ocganaston subject tothe section 60336) ote and reporting requrement and proxy ax? I"Yes,” compete Schedule C, Part I 5 6 Did the organzation maintain any donor advised funds ox any accounts where donors have the eghl to prove advice onthe distribution or nvesiment of amounts m such funds or accounts? "Yes," complete Schedule D, Part! 6 x Did the organization receve or hold a conservation eatement. cluding easements to preserve open space, the envroament, hone land areas, or histone structures? f-Yes," complete Schedule D, Par i z x 8 Did he organzation mantain cllectons of works of aft stoncal treasures, or other sim assets? IT-Yes,” complete Schedule D, Pati 8 = ‘8 Did he arganceation report an amount n Part X, ne 21, serve 2s custodian for amounts not sted Part X; or promde credit counseling, debt management, credit repar, or debt negotiation services? IH"Yes," ‘complete Schedule D, Part iV 2 x 10. Did the organzation hold assets in term, permanent or quas-endowments?If"Yes," complete Schedule D, Part V 0 x 11 Did the organzation report an amount n Part X. ines 10,12 13,15, 0 257 "Yes," complete Schedule D, Parts VI Vil, Vl, oF X a8 appcable |x 12D te exgantation recewve an audited fancia statement forthe yea for which ts completing ths return that was prepared in accordance with GAAP? "Yes," complete Schedule D, Parts XI il, and XIl 2| x 13. Is the ccganzaton a schoo! described in secon 170(b) 1HA)u? If*¥es," complete Schedule E x ‘4a_ Oe the oxganczation mamntan an office, employees, or agents cuts ofthe US 7 erry x 'b_ Dic the oxgantation have aggregate revenues or expenses of more than $10,000 from grantmaking, fundrasing business, and program service activites outside the US? "Yes," complete Schedule F, Part 140 x 415. Did the organczationrepoc on Part IX, column (A), tne 3, more than $5,000 of grants or assistance to any ‘oxganzaton or entity located outsde the United States? If"Yes.* complete Schedule F, Parti 6 x 16 Did he oxgantzation report on Part iX, column (A), ine 3, more than $5,000 of aggregate grants or assistance to Indwiduas located outside the United States? “Yes,” complete Schedule F, Part Il 6 x 117 _Didthe organaation report more than $15,000 on Par IX, column (A), ne 1167 M"Yes," complete Schedule G, Part! 7 x 18 Didthe organcation report more than $15,000 total an Par Vil, ines 1c and 8a? "Yes," complete Schedule G, Parti 18 x 49. Dad the erganzation report more than $15,000 on Pat Vil ine 83? if"Yes," complete Schedule G, Pat 19 x 20. Dd the organzation operate one or more hospitals? "Yes," complete Schedule H 20 x 21 Did the organzaton report more than $5,000 on Pat IX, columa (A), ine 17 "Yes" complete Schedule |, Parts | and I 2 Zz 22 Dd the organzation report more than $5,000 on Part Ix, columa (A), ine 27f"Yes" complete Schedule |, Parts! and I 2 x 23 Dad the organzaton answer “Yes" to Part Vl, Secon A. questons 3, 4, or 57 If"¥es." comple Schedule J 2 x ‘24a Did the organization have a tax-exempt Bono issue wid at uuistand than {$100,000 as ofthe last day ofthe year, that was issued after December 31, 2002? "Yes," answer questons 2Ab-24¢ and complete Schedule K If-No” go to queston 25. 29 x (id the organzaton invest any proceeds of tax-exempt bonds beyond a temporary panod exception? 2a id the organization mantain an escrow account other tan a refunding escrow at any time during the year to defease any tax-exempt bonds? 2e 016 he organization act as an “on behalf of issuer fr Bonds oustanding at any tme during the year? 2a 25a Section 501(c(2) and 601(c)(4) organizations. Oi the organization engage in an excess benef ransacton ‘witha dsquates person dung the year? I"Yes," complete Schedule L, Part! 250 x Did ie organzation become aware that «had engaged m an excess benef transcton with a disqualifies person fom a pre year? Yes," complete Schedule L, Pan 25» x 26 Was 3 oan oor by a cutent or forme officer, recor, trustee, Key employee, Mghy compensated employee, or ‘isqualifeg person oustanding 28 ofthe end ofthe organization's tax year? If"Yes,"complate Schedule L Part I 26 x 27d the organaation provide 2 grantor other assistance to an officer, sector, tuste, Key employee, oF substan} conor, oF toa person related to such an individual” It-Yes,"complote Schedule L Part I 2 x Fem 990 2o05)