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North Carolina · Nonprofit

Academy31 Inc

Academy31 Inc (North Carolina) receives grants from 4 organizations whose IRS filings report $323,538 to it, the largest being NATL CHRISTIAN CHARITABLE FDN INC ($310,038). 1 of them have funded it in more than one year, and 96% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$598k
Funders on record
4
Grants received
$324k
Net assets
$362k
1/4 repeat funderspeak grant-dependency 59%
01What it does

What Academy31 Inc does

Mission

Academy31 is an all-female private Christian middle and high school located in Raleigh, dedicated to providing an unparalleled experience in education and discipleship in biblical womanhood. Our mission is to serve families by delivering a high-quality, truth-based education.

As stated on its FY2025 Form 990.

Program

  1. Academy31 is an all-female private Christian middle and high school located in Raleigh, dedicated to providing an unparalleled experience in education and discipleship in biblical womanhood. Our mission is to serve families by delivering a high-quality, truth-based education within a dedicated community of mentors and peers. We utilize a Targeted Learning Model designed to develop true wisdom for life, maintaining a maximum class size of 15 students to ensure personalized instruction. Our primary objective is to equip our students with academic excellence and spiritual maturity, fostering student outcomes that reflectThe organization operates an all-female Christian middle and high school in North Carolina with a mission of traning yo Godly young women of character and competence. The organization provides a high-quality, truth based education in the context of a dedicated biblical discipleship community of mentors and peers with a maximum class size of 15 students.

    $409,558 spentof which $238,499 as grants$353,365 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $409,558.

02The organization over time

The organization over time

Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20232023 Revenue 100 ($313k) Expenses 100 ($27k) Net assets 100 ($279k)2024 Revenue 77 ($241k) Expenses 810 ($216k) Net assets 59 ($164k)2025 Revenue 191 ($598k) Expenses 1532 ($410k) Net assets 130 ($362k)
202320242025
Revenue (191)Expenses (1532)Net assets (130)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $177k to $372k (+110%).

$280k
$177k
$372k
202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2023
2024
2025
ContributionsProgram revenueInvestmentOther

40% of Academy31 Inc’s revenue is contributions — about as donation-reliant as the typical peer (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 3 reported years ran a deficit.

$286k
’23
$24k
’24
$189k
’25
11
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

202320242025
Listed446
Joined·+1+2
No longer listed·10
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 96% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Academy31 Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Academy31 Inc leans on a few funders — its largest provides 96% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

98% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Academy31 Inc.

96%
largest funder
100%
top three
~1
effective funders

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

96% of Academy31 Inc's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $14k that is directly attributable, 100% of it comes from North Carolina funders.

NC

Funder states come from each funder’s own filing. $310k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Academy31 Inc runs a healthier operating margin than three-quarters of the 16,849 education nonprofits its size.

Operating margin32% · top quartile
Months of reserve10.9mo · above the median
Revenue growth (annualized)38% · top quartile

this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025

Organizations like Academy31 Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

4
board members
75%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

NC

Screen this organization

A dated, signed PDF of the compliance screen for Academy31 Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Academy31 Inc?
Academy31 Inc (North Carolina) receives grants from 4 organizations whose IRS filings report $323,538 to it, the largest being NATL CHRISTIAN CHARITABLE FDN INC ($310,038). 1 of them have funded it in more than one year, and 96% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does Academy31 Inc have?
IRS filings report 4 organizations giving $323,538 in grants to Academy31 Inc, 1 of which have funded it in more than one year.
Who is the largest funder of Academy31 Inc?
NATL CHRISTIAN CHARITABLE FDN INC is the largest funder on record, with $310,038 in grants. The full list of funders is on this page.
How can an organization like Academy31 Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Academy31 →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2023–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing