DAVIDSON CHARTER ACADEMY INC

LEXINGTON, NC, 27295-1522 (336) 803-7809 Est. 2017 EIN 81-3746270

B29— Education Form 990 501(c)(3)

www.davidsoncharter.org

Mission

TO FOSTER STUDENT LEARNING AND ACHIEVEMENT, AND INSPIRE STUDENTS TO BECOME INDEPENDENT THINKERS, EFFECTIVE COMMUNICATORS, AND CONTRIBUTING CITIZENS OF A GLOBAL SOCIETY.

Financials

Total Revenue

$5,593,279

Total Expenses

$6,013,763

Net Assets

$1,163,106

101 employees 15 volunteers

From latest filing (tax period ending 2023-06-30)

Financial Health

Operating Reserve

2.3 months Low

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 4.4%

Expenses ↑ 26.7%

Revenue Sources

Contributions 97.7% Investment 1.6% Other 1.0%

Expense Breakdown

Program 61.4% Management 38.6%

Officers & Key Employees (6)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Grants Received (5)

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Filing History (4 filings)

Year	Revenue	Expenses	Net Assets
2022 Form 990 Jul 1, 2022 to Jun 30, 2023	$5,593,279 ↑	$6,013,763	$1,163,106
2021 Form 990 Jul 1, 2021 to Jun 30, 2022	$5,357,121 ↑	$4,745,633	$1,583,590
2020 Form 990 Jul 1, 2020 to Jun 30, 2021	$4,745,272 ↑	$4,199,941	$972,102
2019 Form 990 Jul 1, 2019 to Jun 30, 2020	$3,512,899	$3,368,071	$426,771