To provide supplemental educational services for families in the Research Triangle area.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 3
filings with a surplus
Average surplus $58K a year · 12% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
15 mo
of spending, in cash
Looks good: 15.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $400
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$206K
48% of total assets
Looks good: liabilities are 48% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$390K
+111% vs prior year
Spent
$339K
To programs
92%
Net assets
$224K
By yearFY2021–FY2025
Revenue
$390K
FY2023▲ +111%
Tap a bar for its year
Revenue by fiscal year
FY2021$84K
FY2022$185K
FY2023$390K
FY2024$477K
FY2025$546K
Expenses
$339K
FY2023
Tap a bar for its year
Expenses by fiscal year
FY2021Not on file
FY2022Not on file
FY2023$339K
FY2024$418K
FY2025$481K
Net assets
$224K
FY2023▲ +31%
Tap a bar for its year
Net assets by fiscal year
FY2021$157K
FY2022$171K
FY2023$224K
FY2024$308K
FY2025$386K

From the FY2023 Form 990 (year ending May 2023) · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1999.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $312K Management & general 8% · $27K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Kelly Kirk’s $56K as Exec Director is at the 48th percentile of top reported officer pay among 1613 $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 · 1 named individual · Part VII

NameFY2025FY2024
Kelly Kirk$56,007$49,520

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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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 15aYes

Programs and updates

Offers extra learning help to families in the Research Triangle area.

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Provided by the organization

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1 program · $312K · in their own filed words · FY2022
01

We offer hands-on academic and enrichment classes to homeschool students from all across the Triangle area of North Carolina. Classes are offered in a rigorous yet supportive environment.

$312Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$400

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$390K
Ln 12
Fees for servicesLn 2g$364K
Gifts and grantsLn 1h$26K
Investment incomeLn 3$72
Money outPt IX
$339K
Ln 25
Programscol B$312K
Managementcol C$27K
Owns and owesPt X
$224K
net assets · Ln 32
Cash and savingsLn 1–2$429K
Total assetsLn 16$430K
LiabilitiesLn 26$206K
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$26K
Fees for servicesLn 2g$364K
Investment incomeLn 3$72
Total revenueLn 12$390K
Assets in detailPt X, end of year
CashLn 1$429K
Cash and savings togetherLn 1–2$429K
Total assetsLn 16$430K
LiabilitiesLn 26$206K
Net assetsLn 32$224K
OperationsPt I, VI
EmployeesI 518
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$173K$429K
Total assetsLn 16$173K$430K
LiabilitiesLn 26$0$206K
Net assetsLn 32$173K$224K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$252K$235K$17K
Payroll taxesLn 10$17K$17K
OccupancyLn 16$24K$24K
Depreciation, depletion and amortizationLn 22$23$23
InsuranceLn 23$11K$11K
Other expenses (24a–d)Ln 24$35K$26K$9K
Total functional expensesLn 25$339K$312K$27K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $546K$481K$65K$386K 990 PDF
FY2024 $477K$418K$58K$308K 990 PDF
FY2023 Viewing $390K$339K$51K$224K 990 PDF
FY2022 $185K$171K 990 PDF
FY2021 $84K$157K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $390,257 revenue, 12 lines filed
I-8 Contributions and grants$26,250
I-9 Program service revenue$363,935
I-10 Investment income$72
I-11 Other revenue$0
I-12 Total revenue$390,257
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$269,285
I-16a Professional fundraising fees$0
I-17 Other expenses$69,803
I-18 Total expenses$339,088
I-19 Revenue less expenses$51,169
Part VI · Governance 7 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $390,257 across 5 lines filed
VIII-1f All other contributions, gifts and grants$26,250
VIII-1h Total contributions, gifts and grants$26,250
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $363,935$363,935
VIII-3 Investment incomeRelated to mission $72$72
VIII-12 Total revenueRelated to mission $364,007 · Unrelated business $0 · Excluded from tax $0$390,257
Part IX · Statement of functional expenses $339,088 across 6 lines filed
IX-7 Other salaries and wagesPrograms $234,870 · Management $17,399$252,269
IX-10 Payroll taxesPrograms $17,016$17,016
IX-16 OccupancyPrograms $24,060$24,060
IX-22 Depreciation, depletion and amortizationPrograms $23$23
IX-23 InsurancePrograms $10,583$10,583
IX-24 Other expenses (24a–d)Programs $25,886 · Management $9,251$35,137
IX-25 Total functional expensesPrograms $312,438 · Management $26,650 · Fundraising $0$339,088
Part X · Balance sheet $430,333 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $173,178$429,473
X-4 Accounts receivable$860
X-16 Total assetsStart of year $173,178$430,333
X-17 Accounts payable and accrued expenses$19,101
X-19 Deferred revenue$186,885
X-26 Total liabilitiesStart of year $0$205,986
X-27 Net assets without donor restrictionsStart of year $173,178$224,347
X-32 Total net assets or fund balancesStart of year $173,178$224,347
X-33 Total liabilities and net assetsStart of year $173,178$430,333
Part XI · Reconciliation of net assets $224,347 net assets at year end
XI-1 Total revenue$390,257
XI-2 Total expenses$339,088
XI-3 Revenue less expenses$51,169
XI-4 Net assets at start of year$173,178
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$224,347

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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