Overview

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Est.

2008

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Socrates Academy Foundation Inc is a nonprofit organization focused on education, dedicated to raising funds for Socrates Academy and leasing real property to support the institution's operations. With an operating budget of $2.1 million and total revenue of $3.3 million for the filing year 2024, the foundation has a diverse funding base, with no single funder contributing 50% or more of its revenue.

Mission Statement

To raise funds for Socrates Academy and lease real property to Socrates Academy.
Revenues
$3.3M
Expenses
$2.1M
Net Income:
+$1.2M
Assets
$35.4M
Liabilities
$30.2M
Net Assets:
+$5.1M
Operating Budget
$2.1M
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
1
Median grant size
$500
Largest grant received
$500
S
Shenelle Brodhurst
Board Member
A
Antonis Stylianou
Board Member
K
Klea Miho
Board Member

Frequently Asked Questions

What is Socrates Academy Foundation Inc’s budget?
In 2024, Socrates Academy Foundation Inc reported an annual operating budget of around $2.1 million. More detailed financial information is available to registered users.
What causes does Socrates Academy Foundation Inc support?
Socrates Academy Foundation Inc supports work in Education.
Where does Socrates Academy Foundation Inc operate?
Socrates Academy Foundation Inc is headquartered in Matthews, NC.
Who funded Socrates Academy Foundation Inc recently?
In 2022, Socrates Academy Foundation Inc received grants from EQUITABLE FOUNDATION INC, The Bank of America Charitable Foundation Inc, and DUKE ENERGY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant Socrates Academy Foundation Inc received in 2022?
The largest grant to Socrates Academy Foundation Inc in 2022 exceeds <$1,000.