Mountain Island Day Community Charter School
Mountain Island Day Community Charter School reported $10.9 million in revenue and $10.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $90.67 went to program services, $9.26 to management and general costs and $0.07 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 93.8% of the total. The highest compensation it reported for one person was $112,453 (Dean of Ops.). Revenue rose 147% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $11MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $11MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 90.7% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 9.3% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.1% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.01 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 6.2% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 3.4% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 93.8% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $112,453 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.07% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 0 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 0.5 | 13.3 |
| Independent voting board members Part VI 1a–1b | 6 of 6 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThe tuition-free, public charter school enrolled 927 students at the beginning of the FY 25/26 school year in grades K through 12 compared to 884 students in the prior year. In April 2023, the State Board of Education approved a 7-year charter renewal for the School.The School operates within a "small school" environment organized around smaller, more personalized units of adults and students, giving students a better chance of being known and noticed. However, small schools are more than just small in size and function; they are formed around three core principles: academic rigor…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| Dean of Ops. Officer, 40.00 hrs/week | $96,623 | $0 | $15,830 | $112,453 |
| Dean of Ops. Officer, 40.00 hrs/week | $73,025 | $0 | $13,942 | $86,967 |
0 people received more than $100,000 in reportable compensation from Mountain Island Day Community Charter School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $191K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b6 · 6 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5158
- Volunteers Part I, line 66
Correct a figure or respond
Every number above is copied from Mountain Island Day Community Charter School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Mountain Island Day Community Charter School, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Mountain Island Day Community Charter School spent in FY2025, $90.67 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Eton School FoundationBellevue, WA · revenue $11M · programs 78.3% · FY2025
- Bridges AcademyStudio City, CA · revenue $11M · programs 85.4% · FY2025
- Rocketship Public Schools TexasSan Antonio, TX · revenue $11M · programs 78.7% · FY2025
- Desert Heights Charter SchoolsGlendale, AZ · revenue $11M · programs 89.3% · FY2025
- Austin Waldorf SchoolAustin, TX · revenue $11M · programs 75.1% · FY2025
All education charities · Largest charities in North Carolina
Questions people ask
How much of Mountain Island Day Community Charter School's spending goes to programs?
In the fiscal year ending June 30, 2025, Mountain Island Day Community Charter School reported that 90.7% of its $10.5 million in expenses went to program services, 9.3% to management and general and 0.1% to fundraising (Form 990, Part IX).
How much does Mountain Island Day Community Charter School pay its top executive?
The largest total compensation Mountain Island Day Community Charter School reported for one person in the fiscal year ending June 30, 2025 was $112,453, for the role of Dean of Ops. (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Mountain Island Day Community Charter School get its money?
Of $10.9 million in revenue in the fiscal year ending June 30, 2025, 6.2% came from contributions and grants (including 3.4% from government grants) and 93.8% from program service revenue (Form 990, Part VIII).
Is Mountain Island Day Community Charter School a registered charity?
The IRS lists EIN 01-0916385 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202640139349300234 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202500389349300025 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202400389349300710 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202203509349300720 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202210319349300121 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202140359349300004 · read the filing
All filings for EIN 01-0916385: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.