Charlotte Country Day School
84% goes to programs $48 to raise $100 Strong reserves Declining revenue
Charlotte Country Day School is a 501(c)(3) organization based in Charlotte, North Carolina, registered in 1944, with $67,433,403 in FY2024 revenue. CharityIndex grades it B+, and it directs about 84% of spending to programs.
1440 Carmel Rd, Charlotte, NC, 28226 EIN 56-0623935 Since 1944
Revenue (FY2024)
$67.4M
▲ 4.8% vs prior year
Education median: $200K
Expenses (FY2024)
$68.8M
Net assets
$225.9M
Employees
728
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
BProgram efficiency40% of the rating84% to programs · $48 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Charlotte Country Day School: 84% to programs · $48 to raise $100 earns a B on this criterion. See the exact thresholds →
B+Financial health25% of the rating39 mo reserves · -2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Charlotte Country Day School: 39 mo reserves · -2% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Charlotte Country Day School: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Charlotte Country Day School: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Charlotte country day school provides comprehensive educational programs for grades junior kindergarten through grade 12 on a non-discriminatory basis.
What they do
Special program fees: funds were used to provide special programs, including afterschool care, afterschool enrichment classes, tutoring, and summer day camps (sports, arts, enrichment) to children in grades junior kindergarten through grade 12.
Auxiliary services: funds were used to provide food, campus store, and transportation to students in grades junior kindergarten through grade 12. these expenses also included costs associated with operating and maintaining the donated weddington farm property.
Contact & location
- Address
- 1440 Carmel Rd, Charlotte, NC, 28226
- City
- Charlotte
- State
- North Carolina
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $46.9M (FY2013) to $67.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $37.0MNet assets $225.9M
Operating margin
-2.0%
Spent more than it raised in the latest fiscal year.
Total assets
$263.0M
Total liabilities
$37.0M
Net assets
$225.9M
Salaries & benefits
$42.8M
62% of expenses
Board members
26
26 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $67,433,403▲4.8% | $68,790,175▲2.4% | $225,938,316▲2.0% | $262,956,937▲1.7% | 990 |
| 2023 | $64,354,557▼1.2% | $67,209,159▲9.0% | $221,402,297▲2.0% | $258,609,580▲1.3% | 990 |
| 2022 | $65,113,849▼23.0% | $61,683,409▲11.7% | $216,977,642▲3.6% | $255,177,582▲3.0% | 990 |
| 2021 | $84,569,309▲46.9% | $55,239,225▲3.2% | $209,354,957▲16.0% | $247,639,345▲9.5% | 990 |
| 2020 | $57,558,870▼25.8% | $53,533,155▲7.4% | $180,520,641▲10.9% | $226,176,676▲6.0% | 990 |
| 2019 | $77,552,004▲48.2% | $49,843,815▲1.5% | $162,725,960▲19.7% | $213,319,665▲18.3% | 990 |
| 2018 | $52,320,055▼7.5% | $49,126,407▲6.6% | $135,894,207▲2.1% | $180,296,590▲2.5% | 990 |
| 2017 | $56,542,678▼11.8% | $46,079,317▲1.7% | $133,134,325▲8.6% | $175,898,476▲13.7% | 990 |
| 2016 | $64,124,431▲24.7% | $45,289,276▲3.2% | $122,555,716▲18.6% | $154,639,761▲15.8% | 990 |
| 2015 | $51,412,905▲15.7% | $43,901,053▲6.6% | $103,339,032▲7.3% | $133,500,591▲5.1% | 990 |
| 2014 | $44,426,843▼5.2% | $41,168,758▲3.3% | $96,270,382▲3.5% | $126,973,723▲3.1% | 990 |
| 2013 | $46,888,390 | $39,835,052▲2.2% | $92,996,810▲8.4% | $123,178,838▲4.5% | 990 |
| 2012 | — | $38,974,202▲2.4% | $85,792,672▲4.1% | $117,911,371▲2.7% | 990 |
| 2011 | — | $38,058,920▲2.6% | $82,433,699▲0.5% | $114,768,532▼0.8% | 990 |
| 2010 | — | $37,095,630 | $82,058,598 | $115,643,071 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Marcel Gauthier — $639,058 (0.93% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Marcel Gauthier | Former Head of School | 0 | $639,058 |
| David L Mancos | Cfo & Interim Hos (12/23 - 6/25) | 70 | $472,956 |
| Scott M Waybright | Assistant Head of School Thru 12/24 | 50 | $243,779 |
| Katharine H Atkins | Director of Advancement | 50 | $241,490 |
| Warren M Sepkowitz | Head of Middle School | 50 | $221,111 |
| Gregory J Walters | Director of Facilities and Operations | 50 | $204,518 |
| William Mulcahy | Head of Lower School | 50 | $177,321 |
| Ali M Summerville | Trustee | 3 | — |
| Andrew W Tate | Vice Chair | 3 | — |
| Ann E Willey | Trustee | 3 | — |
| Brian F Chambers | Trustee | 3 | — |
| Dr Kandi Deitemeyer | Trustee | 3 | — |
| Dr Lauren I Browne | Vice Chair | 3 | — |
| Dr Lisa M Toppin | Vice Chair | 3 | — |
| Dr Tiffani M Jones | Trustee | 3 | — |
| Howard C Bissell | Life Trustee | 3 | — |
| Jennifer J Ward | Trustee | 3 | — |
| Kelly Walton Miller | Trustee | 3 | — |
| Luis M Lluberas | Trustee | 3 | — |
| Luther J Blythe Jr | Trustee | 3 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Aladdin Food Management Services LLC | Food Management | $1,935,538 |
| The Johnson Group | Janitorial | $811,628 |
| Balfour Beatty Construction | Construction | $799,371 |
| Clarkpowell | Av Equipment & Installation | $725,920 |
| Showalter Construction Co Inc | Construction | $588,699 |
Grants received · $46.0M total
94 grants to Charlotte Country Day School totaling $46.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Foundation For the Carolinas | Charitable gift | 2024 | $2,519,611 |
| American Endowment Foundation | Educational | 2024 | $221,000 |
| Tulsa Community Foundation | General operations | 2024 | $51,500 |
| American Online Giving Foundation Inc | General support | 2024 | $45,373 |
| The Blackbaud Giving Fund | General support | 2024 | $33,638 |
| Charities Aid Foundation America | Charitable donation | 2024 | $24,442 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $17,500 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $10,000 |
| Foundation For the Carolinas | Charitable gift | 2023 | $2,534,296 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $113,300 |
| Donor Advised Charitable Giving | Education | 2023 | $94,975 |
| National Philanthropic Tr | Education | 2023 | $67,000 |
| American Online Giving Foundation Inc | General support | 2023 | $65,403 |
| Tulsa Community Foundation | General operations | 2023 | $16,500 |
| Charities Aid Foundation America | Charitable donation | 2023 | $15,544 |
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Compare Charlotte Country Day School
Frequently asked questions
- Is Charlotte Country Day School a legitimate nonprofit?
- Yes. Charlotte Country Day School is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-0623935, based in Charlotte, North Carolina. Donations are tax-deductible.
- What is Charlotte Country Day School's EIN?
- Charlotte Country Day School's Employer Identification Number (EIN) is 56-0623935.
- How much revenue does Charlotte Country Day School report?
- Charlotte Country Day School reported $67,433,403 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Charlotte Country Day School's spending goes to programs?
- Charlotte Country Day School spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Charlotte Country Day School have?
- CharityIndex grades Charlotte Country Day School B+, based on program efficiency and fundraising cost.
- How much does Charlotte Country Day School's highest-paid employee make?
- The highest reported compensation on Charlotte Country Day School's latest Form 990 is $639,058, paid to Marcel Gauthier (Former Head of School).
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Explore more
Data for Charlotte Country Day School (EIN 56-0623935) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.