Overview

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Est.

2004

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Socrates Academy Inc is a nonprofit organization focused on charter school education, with a mission to operate a charter school. For the filing year 2024, the organization has an operating budget of $10.8 million and total revenue of $10.6 million, supported by various funders. Notably, no single funder contributes 50% or more of its revenue.

Mission Statement

Operate a charter school.
Revenues
$10.6M
Expenses
$12.3M
Net Income:
-$1.7M
Assets
$7.7M
Liabilities
$13.4M
Net Assets:
-$5.7M
Operating Budget
$10.8M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
5
Median grant size
$200
Largest grant received
$10K
V
Vanessa Baker
Board Member
Z
Zoi Philippakos
Board Member
A
Antonis Stylianou
Board Member

Frequently Asked Questions

What is Socrates Academy Inc’s budget?
In 2024, Socrates Academy Inc reported an annual operating budget of around $10.8 million. More detailed financial information is available to registered users.
What causes does Socrates Academy Inc support?
Socrates Academy Inc supports work in Charter school education.
Where does Socrates Academy Inc operate?
Socrates Academy Inc is headquartered in Matthews, NC.
Who funded Socrates Academy Inc recently?
In 2023, Socrates Academy Inc received grants from AHEPA MARATHON CHAPTER NO 2 FOUNDATION, The Bank of America Charitable Foundation Inc, and The Bank of America Charitable Foundation Inc. More information on this organization’s funders is available to registered users.
What is the largest grant Socrates Academy Inc received in 2023?
The largest grant to Socrates Academy Inc in 2023 exceeds $10 thousand.
What is Socrates Academy Inc’s reliance on government grants?
Socrates Academy Inc relied on government grants for more than 90% of their total revenue in 2024.