Socrates Academy Foundation Inc
Matthews, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Below Average
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $552,338 | $894,728↑7% | $16,561,491 | |
| 2022 | $549,780↓28% | $836,600↑30% | $16,583,864↑23% | — |
| 2021 | $761,787↓9% | $641,672↓4% | $13,473,060↑14% | — |
| 2020 | $835,425↑3% | $668,204↓4% | $11,832,859↓2% | — |
| 2019 | $809,950↓2% | $694,541↑2% | $12,032,206↓3% | — |
| 2018 | $823,179↓25% | $678,990↓9% | $12,352,873↓2% | — |
| 2017 | $1,097,952↑5% | $744,383↓12% | $12,623,687↓2% | — |
| 2016 | $1,040,882↑15% | $847,228↑14% | $12,918,871 | — |
| 2015 | $903,481↑3% | $742,034↑20% | $12,956,908↓1% | — |
| 2014 | $880,866↑3% | $616,198↑1% | $13,115,629↓4% | — |
| 2013 | $854,634↑18% | $607,517↑39% | $13,722,961↑60% | — |
| 2012 | $726,243↓69% | $435,550↑137% | $8,562,788↑13% | — |
| 2011 | $2,332,882 | $184,151 | $7,593,339 | — |
Frequently Asked Questions
What does Socrates Academy Foundation Inc do?▼
Socrates Academy Foundation Inc is a education nonprofit organization based in North Carolina. It is classified under NTEE code B11 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Socrates Academy Foundation Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Socrates Academy Foundation Inc has a score of 44/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Socrates Academy Foundation Inc generate?▼
Socrates Academy Foundation Inc reports $3.3M in annual revenue and holds $35.4M in total assets, based on IRS filings.
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