Financial Information for Socrates Academy INC

Socrates Academy INC's annual revenue was $13.7M in tax year 2024, reported on their IRS Form 990. They spent $11.9M in total expenses. 77% went to programs and services.

Financial Breakdown

What is Socrates Academy INC's total annual expenses?

Socrates Academy INC spent $11.9M in tax year 2024, according to their IRS Form 990 filing.

How much of Socrates Academy INC's budget goes to programs?

Socrates Academy INC spent $9.2M (77% of expenses) on programs and services in tax year 2024.

How much does Socrates Academy INC spend on overhead?

Socrates Academy INC's overhead in tax year 2024 includes administrative (23%) and fundraising (0%) of their expenses.

What is Socrates Academy INC's net worth?

Socrates Academy INC had net assets of −$3.9M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.