CAROLINA FRIENDS SCHOOL Charity Report

Public IRS 990 nonprofit record

CAROLINA FRIENDS SCHOOL

EIN 56-0812560 · Education (B)

What they do

CAROLINA FRIENDS SCHOOL is A VIBRANT and INCLUSIVE LEARNING COMMUNITY EMPOWERING STUDENTS to THINK CRITICALLY, CREATIVELY, and INDEPENDENTLY. WE FOSTER ACTIVE EXPLORATION and QUIET REFLECTION, INDIVIDUAL ENDEAVOR and COLLABORATIVE ENGAGEMENT. INSPIRED BY QUAKER VALUES PURSUIT of TRUTH, RESPECT for ALL, PEACEFUL RESOLUTION of CONFLICT, SIMPLICITY, THE CALL to SERVICE, WE TEACH OUR CHILDREN THAT IT is POSSIBLE to CHANGE THE WORLD.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $88.10 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 leaders23 people are listed in the latest report.

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

Money made simple

92.78%of revenue went to mission work88.1% of expenses · Program services

2.77%of revenue went to fundraising2.6% of expenses

$105.27spent for every $100 of revenueSpending was higher than revenue this year.

9.72%of revenue went to management and office costs9.2% of expenses

$2.51in assets for every $1 spent this yearSome assets cannot be spent right away.

10.6%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 $927,402 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $283,058 for KAREN CUMBERBATCH (HEAD OF SCHOOL). 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$17,605,330

Mission workProgram services$16,333,65192.78% of revenue88.1% of expenses

ManagementOffice and general costs$1,710,9929.72% of revenue9.2% of expenses

FundraisingAsking for donations$488,0892.77% of revenue2.6% of expenses

Total expenses$18,532,732105.27% 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: 88.1% mission · 9.2% management · 2.6% fundraisingTotal expenses: 105.27% of revenue

2023Expense mix: 86.4% mission · 11.1% management · 2.5% fundraisingTotal expenses: 111.26% of revenue

2022Expense mix: 88.6% mission · 8.9% management · 2.5% fundraisingTotal expenses: 94.45% of revenue

2021Expense mix: 84.3% mission · 12.7% management · 3.0% fundraisingTotal expenses: 87.88% of revenue

2020Expense mix: 82.6% mission · 13.9% management · 3.5% fundraisingTotal expenses: 90.91% of revenue

2019Expense mix: 81.4% mission · 15.6% management · 3.1% fundraisingTotal expenses: 91.22% of revenue

2018Expense mix: 79.1% mission · 16.6% management · 4.3% fundraisingTotal expenses: 84.67% of revenue

2017Expense mix: 81.3% mission · 16.0% management · 2.7% fundraisingTotal expenses: 84.51% of revenue

Money in and money out

Revenue$17,605,330

Expenses$18,532,732

Annual shortfall $927,402 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)$16,333,651 · 88.1% of expenses

Management and office costs$1,710,992 · 9.2% of expenses

Fundraising$488,089 · 2.6% of expenses

See all reported dollar amounts

Revenue$17,605,330

Expenses$18,532,732

Assets$46,474,296

Income$17,608,159

Contributions$1,862,197

Mission work (program services)$16,333,651

Fundraising$488,089

Management and general$1,710,992

Stocks and bonds$24,614,100

Accounting fees$44,850

Investing fees$62,908

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

KAREN CUMBERBATCHHEAD OF SCHOOL · 40 hrs/week $283,058Base $257,501 · Other $25,557

JOHN SHARONASSISTANT HEAD OF SCHOOL LEARNING · 40 hrs/week $150,000Base $129,086 · Other $20,914

ANNA FAATILIGADIRECTOR OF FINANCE · 40 hrs/week $93,854Base $85,899 · Other $7,955

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 (23)

KAREN CUMBERBATCHHEAD OF SCHOOL

JOHN SHARONASSISTANT HEAD OF SCHOOL LEARNING

ANNA FAATILIGADIRECTOR OF FINANCE

WAYNE HOLDENDIRECTOR

TABITHA BLACKWELLDIRECTOR

SUSAN NEWCOMERDIRECTOR

SHEILAH THOMASDIRECTOR

ROCKY ANCONADIRECTOR

REBECCA PALMERDIRECTOR

MC RAGSDALEDIRECTOR

MARK KUHNBOARD CLERK

MARGARET CAMPIONDIRECTOR

LAURA YOUNGDIRECTOR

LAMANDA PRYORDIRECTOR

JOHN RICHARDSONDIRECTOR

JILL TIKKUNDIRECTOR

IAN JENNINGSDIRECTOR

ERIC GRAVESDIRECTOR

DAVID HAINESDIRECTOR

CORT BENNETTDIRECTOR

CINDY COVINGTONDIRECTOR

CHARI SMITHDIRECTOR

BILL OCONNNORBOARD SECRETARY

About this charity

Recognized since: January 1965
Location: 4809 FRIENDS SCHOOL ROAD, DURHAM, NC 27705
County: Durham
In care of: KAREN CUMBERBATCH
Primary officer: KAREN CUMBERBATCH, HEAD OF SCHOOL

How to reach them

WebsiteVisit the charity’s website Phone(919) 383-6602

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: THOMAS JUDY & TUCKER PA
NTEE classification: Education (B)
IRS tax category: Education