National Paideia Center INC EIN 46-1130015

National Paideia Center INC

EIN  46-1130015 Public charity (501(c)(3)) Asheville, NC
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Size
$100K–1M
What they do
Improves teaching and learning in schools with materials and professional development based on the Paideia philosophy.
Leadership
Terry Roberts · Executive Di · $142K
Money in and out
$350K revenue, $438K expenses
Bottom line
79% program efficiency

Improves teaching and learning in schools with materials and professional development based on the Paideia philosophy. For fiscal year 2024 it reported $350K in revenue, $438K in expenses, and $-183K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$350K
Pt VIII · Ln 12
Total expenses
$438K
Pt IX · Ln 25
Net assets
$-183K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$88K
Where spending went · Part IX cols B–D
Program services $0.79 Management & general $0.21
Program efficiency
79%
of spending reaches programs▼ -3% vs prior filing year
Operating runway
0.1mo
months of highly liquid reserves at operating expense rate▼ -90% vs prior filing year
Surplus margin
-25%
revenue over expenses, this year▼ -464% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$350K
FY2024▼ -26%
Expenses
$438K
FY2024▼ -1%
Total assets
$44K
FY2024▼ -38%
Total liabilities
$227K
FY2024▲ +37%
Total revenue
$350K
Pt VIII · Ln 12
Total expenses
$438K
Pt IX · Ln 25
Net assets
$-183K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$88K
Total assetsPt X · Ln 16$44K
Program-expense ratioPt IX · col B79%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $347K of program spending, described in the organization's own filed words · FY2024.
01

Paideia socratic seminar the first stage in the development of a paideia classroom or a paideia school involves the consistent use of the paideia seminar (based on the classical socratic seminar). We define paideia seminar as a collaborative intellectual dialogue facilitated with open-ended questions about a text.

$347Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNational Paideia Center INC
EINHdr · item D46-1130015
Principal addressHdr · item CAsheville, NC
WebsiteHdr · item Jwww.paideia.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFDec 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Di
$142,050Pt VII · Sec A
Assistant Di
$86,904Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Terry Roberts’s $142K as Executive Di is at the 94th percentile of top reported officer pay among 1616 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Terry Roberts$142,050$132,065$128,843$125,776$122,708
Jeremy Spielman$86,904$82,770$75,246$73,454$73,463

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$322K · 92%
Other revenue$25K · 7%
Contributions & grants$2K · 1%
Program service revenue92%$322K
Other revenue7%$25K
Contributions & grants1%$2K
Investment income$113
Total revenueLn 12$350K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.79 Management & general $0.21
Program services79%$347K
Management & general21%$90K
Total functional expensesLn 25$438K

Balance Sheet

Part X · end of year
CashLn 1$5K
Total assetsLn 16$44K
Total liabilitiesLn 26$227K
Total net assetsLn 32$-183K
Months of cash on handcomputed0.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $5K · Operating expenses/yr $438K
0.1 months
Where the money goes
Program services
Program services $347K · Total expenses $438K
79%
Management & General
Management & general $90K · Total expenses $438K
21%
Fundraising
Fundraising $0 · Total expenses $438K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $1K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $2K · Total revenue $350K
1%
Government reliance
Government grants — · Total revenue $350K
Earned-income share
Program service revenue $322K · Total revenue $350K
92%
Investment reliance
Investment income $113 · Total revenue $350K
0%
Program self-sufficiency
Program service revenue $322K · Total expenses $438K
74%
Growth & trend
Revenue growth (YoY)
This year $350K · Prior year $473K
-26%
Revenue CAGR
FY2020 $242K · FY2024 $350K
+10%
Net-asset trend (YoY)
End of year $-183K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $350K · Expenses $438K
-25%
Liabilities-to-Assets
Total liabilities — · Total assets $44K
Net-asset ratio
Net assets $-183K · Total assets $44K
-415%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $44K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Terry Roberts · Reported title EXECUTIVE DI · Highest reported compensation $142K · Total expenses $438K
32%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $278K · Total expenses $438K
64%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 79%
Overhead ratio 21%
Fundraising cost ratio 0%
Revenue growth -26%
Accounting fee ratio 11%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$350K revenue · viewing · ⤓ 990 PDF
FY2023$473K revenue · ⤓ 990 PDF
FY2022$378K revenue · ⤓ 990 PDF
FY2021$390K revenue · ⤓ 990 PDF
FY2020$242K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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