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Peak Charter Academy

  • Apex, NC
  • Tax-exempt since July 2017
  • EIN: 47-1886543

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Elementary, Secondary Education, K - 12 (B29) (NTEE)

Donations to this organization are tax deductible.

Details

According to its June 2023 tax filing, this nonprofit:

Operated a school
Organization is a school. Details are reported on Schedule E.

Summary charts: organization finances over time

Revenue
$8.27M (2023)

Expenses
$8.29M (2023)

Total Assets
$676k (2023)

Total Liabilities
$623k (2023)

Source: Form 990 tax filings from 2018 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,271,850
Expenses
$8,288,835
Net Income
-$16,985
Net Assets
$53,482
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,051,127
97.3%
Program Services $185,723
2.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $35,000
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $2,636,891
31.8%
Assets/Debt
Total Assets $676,381
Total Liabilities $622,899
Net Assets $53,482
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
William Iden (President) $0 $0 $0
Al Wetherell (Vice President) $0 $0 $0
Michelle Durner (Treasurer) $0 $0 $0
Sheryl Hickman (Secretary) $0 $0 $0
Diane Holt (Director) $0 $0 $0
Dixie Newsome (Director) $0 $0 $0
Nicholas Potter (Director) $0 $0 $0
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Document Links

990
Filed on April 22, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,876,096
Expenses
$7,852,381
Net Income
$23,715
Net Assets
$70,467
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,822,953
99.3%
Program Services $18,143
0.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $35,000
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $2,554,831
32.5%
Assets/Debt
Total Assets $537,232
Total Liabilities $466,765
Net Assets $70,467
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
William Iden (Vice President) $0 $0 $0
Michelle Durner (Treasurer) $0 $0 $0
Barbara Marchioni (Secretary) $0 $0 $0
Sheryl Hickman (Director) $0 $0 $0
Diane Holt (Director) $0 $0 $0
Dixie Newsome (Director) $0 $0 $0
Nicholas Potter (Director) $0 $0 $0
Paula Rigsbee (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on May 12, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,600,142
Expenses
$7,575,115
Net Income
$25,027
Net Assets
$46,752
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,538,810
99.2%
Program Services $26,332
0.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $35,000
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $2,347,305
31.0%
Assets/Debt
Total Assets $664,658
Total Liabilities $617,906
Net Assets $46,752
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Linda Reynolds (President) $0 $0 $0
William Iden (Vice President) $0 $0 $0
Michelle Durner (Treasurer) $0 $0 $0
Barbara Marchioni (Secretary) $0 $0 $0
Dixie Newsome (Director) $0 $0 $0
Diane Holt (Director) $0 $0 $0
Nicholas Potter (Director) $0 $0 $0
Paula Rigsbee (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on May 9, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,078,084
Expenses
$7,071,337
Net Income
$6,747
Net Assets
$21,725
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,917,450
97.7%
Program Services $125,634
1.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $35,000
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $2,325,840
32.9%
Assets/Debt
Total Assets $249,828
Total Liabilities $228,103
Net Assets $21,725
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Linda Reynolds (President) $0 $0 $0
William Iden (Vice President) $0 $0 $0
Michelle Durner (Treasurer) $0 $0 $0
Barbara Marchioni (Secretary) $0 $0 $0
Dixie Newsome (Director) $0 $0 $0
Diane Holt (Director) $0 $0 $0
Nicholas Potter (Director) $0 $0 $0
Paula Rigsbee (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Feb. 23, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,110,745
Expenses
$6,108,493
Net Income
$2,252
Net Assets
$14,978
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,910,257
96.7%
Program Services $165,488
2.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $35,000
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $2,009,651
32.9%
Assets/Debt
Total Assets $239,817
Total Liabilities $224,839
Net Assets $14,978
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Linda Reynolds (President) $0 $0 $0
William Iden (Vice President) $0 $0 $0
Michelle Durner (Treasurer) $0 $0 $0
Barbara Marchioni (Secretary) $0 $0 $0
Dixie Newsome (Director) $0 $0 $0
Diane Holt (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on April 21, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,020,697
Expenses
$5,007,971
Net Income
$12,726
Net Assets
$12,726
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,894,883
97.5%
Program Services $90,814
1.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $35,000
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $2,112,056
42.2%
Assets/Debt
Total Assets $54,130
Total Liabilities $41,404
Net Assets $12,726
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Linda Reynolds (President) $0 $0 $0
William Iden (Vice President) $0 $0 $0
Michelle Durner (Treasurer) $0 $0 $0
Barbara Marchioni (Secretary) $0 $0 $0
Diane Holt (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Feb. 7, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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