Skip to content

North Carolina · Nonprofit

Alpha Academy INC

Alpha Academy INC (North Carolina) receives grants from 1 organization whose IRS filings report $0 to it, the largest being PARTNERSHIP FOR CHILDREN OF CUMBERLAND COUNTY INC ($0). 0 of them have funded it in more than one year.

Revenue FY2025
$12M
Funders on record
1
Grants received
$0
Net assets
$15M
0/1 repeat funders
01What it does

What Alpha Academy INC does

Mission

Operation of a public charter school.

As stated on its FY2025 Form 990.

Program

  1. Operated a public charter school in Fayetteville, NC serving approximately 966 students for the fiscal year ended June 30, 2025.

    $7,777,404 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $7,777,404.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($5.5M) Expenses 100 ($4.6M) Net assets 100 ($5.6M)2018 Revenue 118 ($6.5M) Expenses 115 ($5.3M) Net assets 121 ($6.8M)2019 Revenue 125 ($6.8M) Expenses 126 ($5.8M) Net assets 139 ($7.8M)2020 Revenue 137 ($7.5M) Expenses 139 ($6.4M) Net assets 158 ($8.9M)2021 Revenue 174 ($9.5M) Expenses 152 ($7.0M) Net assets 203 ($11M)2022 Revenue 173 ($9.5M) Expenses 230 ($11M) Net assets 182 ($10M)2023 Revenue 225 ($12M) Expenses 237 ($11M) Net assets 224 ($13M)2024 Revenue 234 ($13M) Expenses 242 ($11M) Net assets 253 ($14M)2025 Revenue 225 ($12M) Expenses 239 ($11M) Net assets 276 ($15M)
'17'18'19'20'21'22'23'24'25
Revenue (225)Expenses (239)Net assets (276)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 2019 to 2020, from $16M to $20M (+30%).

$14M
$14M
$16M
$20M
$23M
$21M
$22M
$23M
$24M
'17'18'19'20'21'22'23'24'25
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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 97% · 2018 96% · 2019 95% · 2020 95% · 2021 96% · 2022 15% · 2023 17% · 2024 20% · 2025 14%. Grants only. Government contracts and fees sit inside program revenue.

14% of Alpha Academy INC’s revenue is contributions — about as donation-reliant as the typical peer (23% for the typical peer).

This organization
Typical peer · 4,251 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$863k
’17
$1.2M
’18
$1.0M
’19
$1.1M
’20
$2.5M
’21
−$1.2M
’22
$1.4M
’23
$1.7M
’24
$1.3M
’25
8.2
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.

Board chair

Simon Johnson

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed787775555
Joined·+1+1+0+2+1+1+0+0
No longer listed·02023100
03Who funds it
04Its place in the field

Against its field

Alpha Academy INC holds deeper cash reserves than three-quarters of the 3,758 education nonprofits its size.

Operating margin10% · above the median
Months of reserve8.2mo · top quartile
Revenue growth (annualized)11% · above the median

this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025

Government funding Alpha Academy INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.9M on record.

Federal$1.9M
grants $1.9Mcontracts $0
17
18
19
20
21
22
23
24
25
26
Top agencies
  • Department of Education$1.9M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Alpha Academy 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

70% of spending goes to programs.

Program 70%Management 30%Fundraising 0%

Governance

5
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for Alpha Academy 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 Alpha Academy INC?
Alpha Academy INC (North Carolina) receives grants from 1 organization whose IRS filings report $0 to it, the largest being PARTNERSHIP FOR CHILDREN OF CUMBERLAND COUNTY INC ($0). 0 of them have funded it in more than one year.
How many funders does Alpha Academy INC have?
IRS filings report 1 organization giving $0 in grants to Alpha Academy INC.
Who is the largest funder of Alpha Academy INC?
PARTNERSHIP FOR CHILDREN OF CUMBERLAND COUNTY INC is the largest funder on record, with $0 in grants. The full list of funders is on this page.
How can an organization like Alpha Academy 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 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