Overview
What is Socrates Academy Foundation Inc?
Socrates Academy Foundation Inc, based in Matthews, North Carolina, serves a vital role in supporting the Socrates Academy. As a nonprofit organization, its primary mission is to raise funds for the academic institution and lease the necessary real estate for its operation as a charter school. This financial assistance and property leasing enable the Socrates Academy to function effectively, providing educational services to its students.
Is Socrates Academy Foundation Inc legitimate?
Socrates Academy Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Socrates Academy Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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What is the mission statement of Socrates Academy Foundation Inc?
The mission of Socrates Academy Foundation Inc. is centered around two primary objectives. Firstly, it aims to accumulate financial resources for Socrates Academy. Secondly, the foundation leases real estate to the academy, enabling the operation of its charter school. This mission is geared towards supporting the educational endeavors of Socrates Academy, ensuring its continuity and growth.
Who is the CEO of Socrates Academy Foundation Inc?
Klea Miho is the Director of Socrates Academy Foundation Inc.
What is the revenue of Socrates Academy Foundation Inc?
Socrates Academy Foundation Inc's revenue in 2022 was $549,780.
Who are the executives of Socrates Academy Foundation Inc and what are their salaries?
There 5 volunteers at Socrates Academy Foundation Inc.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Socrates Academy Foundation Inc?
Socrates Academy Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Socrates Academy Foundation Inc
Socrates Academy Foundation Inc is an organization dedicated to supporting Socrates Academy. Their primary mission involves raising funds and leasing real estate to the school, enabling the operation of the charter school effectively. By providing financial backing and physical resources, Socrates Academy Foundation Inc plays a crucial role in ensuring the success and continuity of the Socrates Academy. The foundation's purpose is to contribute to the educational ecosystem, ultimately benefiting the students and the community associated with Socrates Academy.
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Impact
October, 2024
Socrates Academy Foundation Inc has a profound impact on the educational landscape in Matthews, NC. By raising essential funds for Socrates Academy, it supports the charter school's operations, ensuring that students receive a quality education in a conducive learning environment. The foundation also plays a crucial role in leasing real property to the academy, facilitating the necessary infrastructure for academic activities.
Through its efforts, the foundation enhances educational opportunities for the community, fostering an environment where students can thrive. This support not only helps maintain the school's facilities but also contributes to innovative programs and resources that enrich the learning experience. Overall, the foundation's initiatives directly benefit students and educators alike, reinforcing the importance of accessible, quality education in the region.
This information is meant to be a general summary of Socrates Academy Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $498
- Program Service Revenue: $540,000
- Gross Receipts: $549,780
Assets and Liabilities:
- Total Assets: $16,583,864
- Total Liabilities: $12,312,581
- Net Assets: $4,271,283
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Fees
Revenue
$540,000
Organization Details
Founding Year
2008
Phone
(704) 321-1711Principal Officer
Klea Miho
Main Address
3909 Weddington Rd, Matthews, NC, 28105
NTEE Category
Code: B11 - Education
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