Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2017.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
81 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Who runs it and what they're paid
7 people listed on the 990.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Educates students using rigorous methods, parental involvement, and moral values.
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Operated an educational institution organized as a public school academy. The academy provides education, at no cost to the parent, to students in kindergarten through eighth grade. The academy operates under a charter approved by the north carolina state board of education.
Operated a school food service program at the public school academy described above. The academy offers free or reduced lunch for families that qualify. Funding for this program was provided by the usda food and nutrition service in the amount of $40,272.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $720K | $1.3M |
| Land, buildings, equipmentLn 10c | $0 | |
| Total assetsLn 16 | $1.3M | $1.6M |
| LiabilitiesLn 26 | $1.3M | $1.6M |
| Net assetsLn 32 | $38K | $46K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $2.7M | $2.7M | ||
| Pension plan contributionsLn 8 | $50K | $50K | ||
| Other employee benefitsLn 9 | $386K | $386K | ||
| Payroll taxesLn 10 | $229K | $229K | ||
| Accounting feesLn 11c | $129K | $19K | $110K | |
| Other fees for servicesLn 11g | $898K | $898K | $0 | $0 |
| Advertising and promotionLn 12 | $145K | $102K | $43K | |
| Office expensesLn 13 | $257K | $257K | ||
| Information technologyLn 14 | $504K | $24K | $479K | |
| OccupancyLn 16 | $2.2M | $2.2M | $22K | |
| TravelLn 17 | $119K | $119K | ||
| Conferences, conventions and meetingsLn 19 | $77K | $77K | ||
| InsuranceLn 23 | $28K | $28K | ||
| Other expenses (24a–d)Ln 24 | $979K | $127K | $852K | |
| All other expensesLn 24e | $166K | $19K | $148K | $0 |
| Total functional expensesLn 25 | $8.8M | $7.2M | $1.7M | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $8.8M | $8.8M | $8K | $46K | 990 PDF |
| FY2024 | $8.9M | $8.9M | −$16K | $38K | 990 PDF |
| FY2023 | $8.3M | $8.3M | −$17K | $53K | 990 PDF |
| FY2022 | $7.9M | $7.9M | $24K | $70K | 990 PDF |
| FY2021 | $7.6M | $7.6M | $25K | $47K | 990 PDF |
| FY2020 | $7.1M | $7.1M | $7K | $22K | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $8,844,355 across 5 lines filed
Part IX · Statement of functional expenses $8,836,206 across 15 lines filed
Part X · Balance sheet $1,610,808 assets, 14 lines filed
Part XI · Reconciliation of net assets $46,012 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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