SOUTH CAROLINA CALVERT ACADEMY
3700 FOREST DRIVE No 406, COLUMBIA, SC 29204 www.southcarolinacalvertacademy.com

Total Revenue
$1,776,758
Total Expenses
$1,787,136
Net Assets
$-1,011,189

Organizations Filed Purposes: The South Carolina Calvert Academy combines the best of tradition and innovation by blending the trusted Calvert curriculum, the oversight of a professional teaching team, and the innovative technology needed to serve the virtual public school students of South Carolina

The School's authorizer, the South Carolina Public Charter School District revoked the charter of the School during 2017. This decision was based on the District's determination that adequate progress has not been made by the School. These actions and circumstances raised substantial doubt about the School's ability to continue as a going concern. The appeals process resulted in a negotiated settlement between the School and the South Carolina Public Charter School District which allowed the School to complete and close-out its operations by October 31, 2017. As such, all fixed assets are considered to be impaired as of June 30, 2017. As part of the settlement process related to closing, all obligations of the school (accounts payable and accrued expenses) were paid subsequent to year end and all receivables were collected.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Alexandria GillcresePRincipal40$78,565
Joy AndersonSECRETARY0.5$0
Stacy GianiodistreASURER0.5$0
Ri'Cha Ri Sanchovice PRESIDENT0.5$0
Pauline SternickPRESIDENT0.5$0
Bonnie KyzerDIRECTOR0.5$0
Elaine HortonDIRECTOR0.5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201801359349304435_public.xml