CHARLOTTE COUNTRY DAY SCHOOL Charity Report

Public IRS 990 nonprofit record

CHARLOTTE COUNTRY DAY SCHOOL

EIN 56-0623935 · Education (B200)

What they do

THROUGH EXCELLENCE IN EDUCATION, CHARLOTTE COUNTRY DAY SCHOOL DEVELOPS THE POTENTIAL of EACH STUDENT BY FOSTERING INTELLECTUAL CURIOSITY, PRINCIPLED CHARACTER, ETHICAL LEADERSHIP and A RESPONSIBILITY to SERVE. THE KEY VALUES and COMMITMENTS ARE EDUCATIONAL EXCELLENCE, CHARACTER, COMMUNITY, and SERVICE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $83.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders32 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

85.63%of revenue went to mission work83.9% of expenses · Program services

4.81%of revenue went to fundraising4.7% of expenses

$102.01spent for every $100 of revenueSpending was higher than revenue this year.

11.57%of revenue went to management and office costs11.3% of expenses

$3.82in assets for every $1 spent this yearSome assets cannot be spent right away.

9.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,356,772 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $925,202 for DAVID L MANCOS (CFO & INTERIM HOS (12/23 - 6/25)). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$67,433,403

Mission workProgram services$57,742,65685.63% of revenue83.9% of expenses

ManagementOffice and general costs$7,802,88811.57% of revenue11.3% of expenses

FundraisingAsking for donations$3,244,6314.81% of revenue4.7% of expenses

Total expenses$68,790,175102.01% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 83.9% mission · 11.3% management · 4.7% fundraisingTotal expenses: 102.01% of revenue

2023Expense mix: 83.1% mission · 12.3% management · 4.6% fundraisingTotal expenses: 104.44% of revenue

2022Expense mix: 84.4% mission · 11.2% management · 4.3% fundraisingTotal expenses: 94.73% of revenue

2021Expense mix: 84.3% mission · 11.1% management · 4.6% fundraisingTotal expenses: 65.32% of revenue

2020Expense mix: 83.5% mission · 11.9% management · 4.6% fundraisingTotal expenses: 93.01% of revenue

2019Expense mix: 83.9% mission · 11.1% management · 5.0% fundraisingTotal expenses: 64.27% of revenue

2018Expense mix: 82.9% mission · 11.5% management · 5.6% fundraisingTotal expenses: 93.90% of revenue

2017Expense mix: 80.8% mission · 13.9% management · 5.2% fundraisingTotal expenses: 81.49% of revenue

Money in and money out

Revenue$67,433,403

Expenses$68,790,175

Annual shortfall $1,356,772 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$57,742,656 · 83.9% of expenses

Management and office costs$7,802,888 · 11.3% of expenses

Fundraising$3,244,631 · 4.7% of expenses

See all reported dollar amounts

Revenue$67,433,403

Expenses$68,790,175

Assets$262,956,937

Income$72,675,423

Contributions$6,697,723

Mission work (program services)$57,742,656

Fundraising$3,244,631

Management and general$7,802,888

Stocks and bonds$22,541,859

Accounting fees$80,487

Investing fees$470,921

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DAVID L MANCOSCFO & INTERIM HOS (12/23 - 6/25) · 70 hrs/week $925,202Base $472,956 · Other $452,246

MARCEL GAUTHIERFORMER HEAD OF SCHOOL $648,166Base $639,058 · Other $9,108

KATHARINE H ATKINSDIRECTOR OF ADVANCEMENT · 50 hrs/week $315,119Base $241,490 · Other $73,629

SCOTT M WAYBRIGHTASSISTANT HEAD OF SCHOOL THRU 12/24 · 50 hrs/week $269,102Base $243,779 · Other $25,323

WILLIAM MULCAHYHEAD OF LOWER SCHOOL · 50 hrs/week $253,006Base $177,321 · Other $75,685

WARREN M SEPKOWITZHEAD OF MIDDLE SCHOOL · 50 hrs/week $246,388Base $221,111 · Other $25,277

GREGORY J WALTERSDIRECTOR OF FACILITIES AND OPERATIONS · 50 hrs/week $229,124Base $204,518 · Other $24,606

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (32)

DAVID L MANCOSCFO & INTERIM HOS (12/23 - 6/25)

MARCEL GAUTHIERFORMER HEAD OF SCHOOL

KATHARINE H ATKINSDIRECTOR OF ADVANCEMENT

SCOTT M WAYBRIGHTASSISTANT HEAD OF SCHOOL THRU 12/24

WILLIAM MULCAHYHEAD OF LOWER SCHOOL

WARREN M SEPKOWITZHEAD OF MIDDLE SCHOOL

GREGORY J WALTERSDIRECTOR OF FACILITIES AND OPERATIONS

R GLENN SHERRILL JRVICE CHAIR

WILLIAM H ZIMMERNCHAIR

RONALD E ELIASEK JRSECRETARY-TREASURER

SALLY CANNON SAUSSYLIFE TRUSTEE

SAMUEL B BOWLESTRUSTEE

SAMUEL B HOODTRUSTEE

SAMUEL E FARNHAM SRTRUSTEE

SHANON JONESTRUSTEE

STANTON D MCCULLOUGHTRUSTEE

SU PING LUTRUSTEE

ALI M SUMMERVILLETRUSTEE

PONTEA F DIXONTRUSTEE

MICHAEL B MAGUIRETRUSTEE

LUTHER J BLYTHE JRTRUSTEE

LUIS M LLUBERASTRUSTEE

KELLY WALTON MILLERTRUSTEE

JENNIFER J WARDTRUSTEE

HOWARD C BISSELLLIFE TRUSTEE

DR TIFFANI M JONESTRUSTEE

DR LISA M TOPPINVICE CHAIR

DR LAUREN I BROWNEVICE CHAIR

DR KANDI DEITEMEYERTRUSTEE

BRIAN F CHAMBERSTRUSTEE

ANN E WILLEYTRUSTEE

ANDREW W TATEVICE CHAIR

About this charity

Recognized since: January 1944
Location: 1440 CARMEL RD, CHARLOTTE, NC 28226-5012
County: Mecklenburg
In care of: DAVID L MANCOS
Primary officer: DAVID L MANCOS, CHIEF FINANCIAL OFFICER

How to reach them

Phone(704) 943-4500

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: ELLIOTT DAVIS ADVISORY LLC
NTEE classification: Education (B200)