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CANNON SCHOOL INC

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Public IRS 990 nonprofit record

CANNON SCHOOL INC

EIN 56-0935064 · Education (B24Z)

What they do

CANNON SCHOOL WAS FOUNDED IN 1968 and is A NON-PROFIT, INDEPENDENT SCHOOL THAT FOCUSES ON THE INDIVIDUAL STUDENT. THE SCHOOL OCCUPIES A 65-ACRE CAMPUS JUST OFF THE I-85 CORRIDOR IN CONCORD, NC. APPROXIMATELY 1058 STUDENTS WERE ENROLLED AT THE SCHOOL DURING THE FISCAL YEAR IN GRADES JUNIOR KINDERGARTEN THROUGH 12TH GRADE. CANNON ENCOURAGES STUDENTS to STRETCH to THEIR FULLEST POTENTIAL and BECOME ENGAGED STUDENTS and OUTSTANDING CITIZENS. CANNONS LOWER SCHOOL STRESSES ACADEMIC EXCELLENCE, WITH A BALANCE of ENRICHMENT OPPORTUNITIES and AN EMPHASIS ON CHARACTER DEVELOPMENT. CANNONS MIDDLE SCHOOL PROVIDES A CLIMATE for EMERGING YOUNG ADULTS to NURTURE THEIR LOVE of LEARNING, STRENGTHEN THEIR SELF CONCEPT, and EXPLORE EXTRACURRICULAR ACTIVITIES. CANNONS UPPER SCHOOL DEDICATES ITSELF to DEVELOPING TEACHING PRACTICES and CURRICULUM THAT EQUIP STUDENTS to LEARN HOW to LEARN and is BASED ON TRADITIONAL COLLEGE PREPARATORY CURRICULUM.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $77.10 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 leaders30 people are listed in the latest report.

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

Money made simple

77.86%of revenue went to mission work77.1% of expenses · Program services
7.14%of revenue went to fundraising7.1% of expenses
$100.99spent for every $100 of revenueSpending was higher than revenue this year.
15.99%of revenue went to management and office costs15.8% of expenses
$1.70in assets for every $1 spent this yearSome assets cannot be spent right away.
3.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

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

Worth asking: Expenses exceeded revenue by $333,832 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $350,219 for G CHRISTOPHER JONES (FORMER 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.

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$33,598,484
Mission workProgram services$26,158,56377.86% of revenue77.1% of expenses
ManagementOffice and general costs$5,373,91915.99% of revenue15.8% of expenses
FundraisingAsking for donations$2,399,8347.14% of revenue7.1% of expenses
Total expenses$33,932,316100.99% 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: 77.1% mission · 15.8% management · 7.1% fundraisingTotal expenses: 100.99% of revenue
2023Expense mix: 78.6% mission · 18.0% management · 3.4% fundraisingTotal expenses: 101.19% of revenue
2022Expense mix: 79.3% mission · 16.1% management · 4.6% fundraisingTotal expenses: 85.44% of revenue
2021Expense mix: 84.1% mission · 12.1% management · 3.8% fundraisingTotal expenses: 96.04% of revenue
2020Expense mix: 83.8% mission · 12.0% management · 4.1% fundraisingTotal expenses: 94.78% of revenue
2019Expense mix: 83.5% mission · 12.3% management · 4.2% fundraisingTotal expenses: 95.91% of revenue
2018Expense mix: 82.7% mission · 13.2% management · 4.1% fundraisingTotal expenses: 97.05% of revenue
2017Expense mix: 84.3% mission · 13.0% management · 2.7% fundraisingTotal expenses: 94.99% of revenue

Money in and money out

Revenue$33,598,484
Expenses$33,932,316
Annual shortfall $333,832 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)$26,158,563 · 77.1% of expenses
Management and office costs$5,373,919 · 15.8% of expenses
Fundraising$2,399,834 · 7.1% of expenses
See all reported dollar amounts
Revenue$33,598,484
Expenses$33,932,316
Assets$57,576,364
Income$34,174,182
Contributions$1,202,563
Mission work (program services)$26,158,563
Fundraising$2,399,834
Management and general$5,373,919
Stocks and bonds$18,772,811
Accounting fees$158,556
Investing fees$86,146
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
G CHRISTOPHER JONESFORMER HEAD OF SCHOOL · 50 hrs/week $350,219
MATT GOSSAGEFORMER INTERIM HEAD OF SCHOOL · 50 hrs/week $260,172Base $241,548 · Other $18,624
WHITNEY BROWNDIR. OF BUS. AND FINANCE · 50 hrs/week $209,507Base $187,796 · Other $21,711
AMY HUNTDIRECTOR OF ADVANCEMENT · 40 hrs/week $209,250Base $201,335 · Other $7,915
FABIO HURTADOHEAD OF UPPER SCHOOL · 40 hrs/week $188,953Base $169,109 · Other $19,844
MICHAEL DREWHEAD OF SCHOOL · 50 hrs/week $184,440Base $180,368 · Other $4,072
REGINA NIXONHEAD OF LOWER SCHOOL · 40 hrs/week $170,462Base $153,248 · Other $17,214
CARLA MOYERHEAD OF MIDDLE SCHOOL · 40 hrs/week $161,515Base $145,180 · Other $16,335
WILLIAM DISKINDIRECTOR OF ADMISSION AND FINANCIAL AID · 40 hrs/week $156,630Base $139,276 · Other $17,354

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 (30)

G CHRISTOPHER JONESFORMER HEAD OF SCHOOL

MATT GOSSAGEFORMER INTERIM HEAD OF SCHOOL

WHITNEY BROWNDIR. OF BUS. AND FINANCE

AMY HUNTDIRECTOR OF ADVANCEMENT

FABIO HURTADOHEAD OF UPPER SCHOOL

MICHAEL DREWHEAD OF SCHOOL

REGINA NIXONHEAD OF LOWER SCHOOL

CARLA MOYERHEAD OF MIDDLE SCHOOL

WILLIAM DISKINDIRECTOR OF ADMISSION AND FINANCIAL AID

MICHAEL MCDERMOTTTREASURER

ADAM WITTWERTRUSTEE

TRACY CORDES-FREITRUSTEE

TOM SCHAFERTRUSTEE

TIARA HENDERSONTRUSTEE

SUMEET RAMCHANDANITRUSTEE

SHARON GOODWINETRUSTEE

SEAN HIGBEASECRETARY

SCOTT WASHINGTONTRUSTEE

SCOTT AVETTTRUSTEE

REISA BRYANTRUSTEE

CHIGOZIE OGWUEGBU-STEPHENSTRUSTEE

ASHLEY GEORGETRUSTEE

LIZ BRIGHAMTRUSTEE

KARIN CAINBOARD CHAIR

JONATHAN DRYTRUSTEE

JESSICA WAGNERTRUSTEE

JEFF VININGVICE CHAIR

JAMES HARTSELLTRUSTEE

DR JESSICA BELLTRUSTEE

DAVID BUTOWTRUSTEE

About this charity

Recognized since
January 1970
Location
5801 POPLAR TENT RD, CONCORD, NC 28027-7575
County
Cabarrus
In care of
WHIT BROWN
Primary officer
WHIT BROWN, DIRECTOR OF BUSINESS AND FINANCE

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
BROWN EDWARDS & COMPANY LLP
NTEE classification
Education (B24Z)

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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