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Socrates Academy Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 201361228 ✦ Matthews, NC ✦ Designated as a 501(c)(3)

Overview

What is Socrates Academy Inc?

Socrates Academy Inc is a nonprofit organization that collaborates with parents and their local community to foster the growth of its students. Their mission is to empower students to achieve their full potential by cultivating critical thinking skills, fostering self-confidence, and promoting a high-achieving, multicultural, and disciplined environment. They carry out this mission by operating a charter school, providing an educational setting that encourages intellectual development and self-assurance.


Is Socrates Academy Inc legitimate?

Socrates Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Socrates Academy 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.

Here are some key statistics you may want to consider:

Executive Compensation: $125,393
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,246,577

For more financial information, click here


What is the mission statement of Socrates Academy Inc?
Who is the CEO of Socrates Academy Inc?
What is the revenue of Socrates Academy Inc?
Who are the executives of Socrates Academy Inc and what are their salaries?
Where can I find the form 990 for Socrates Academy Inc?

Mission Statement of Socrates Academy Inc

Socrates Academy Inc, a nonprofit organization, is committed to fostering the growth and potential of its students. Their mission is to establish a collaborative partnership with parents and the community, aiming to instill critical thinking skills and self-confidence in the students. This is accomplished in an atmosphere that celebrates diversity and promotes academic excellence, instilling a sense of discipline in the process. Socrates Academy Inc strives to create an environment that encourages students to reach their full potential, nurturing their analytical abilities and instilling in them the confidence to succeed in a multicultural setting.

Impact

This information is meant to be a general summary of Socrates Academy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 1, 2024

Socrates Academy Inc, operating as a charter school, is making a significant impact by working in partnership with parents and the community to foster the development of critical and analytical thinking skills in students. Through a high-achieving, multicultural, and disciplined environment, the academy empowers students to reach their full potential and become self-confident individuals. This approach not only benefits the students directly involved but also contributes to building a more knowledgeable and skilled future generation.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $129,372
  • Gross Receipts: $8,884,634

    • Assets and Liabilities:
  • Total Assets: $5,671,073
  • Total Liabilities: $10,343,867
  • Net Assets: -$4,672,794
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Child care fees

    Revenue

    $129,372

    Organization Details

    Founding Year

    2004

    Principal Officer

    John Couchell

    Main Address

    3909 Weddington Road, Matthews, NC, 28105

    NTEE Category

    Code: B29 - Education

    If you are a representative of Socrates Academy Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.