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North Carolina · Nonprofit

GREENSBORO ACADEMY INC

GREENSBORO ACADEMY INC (North Carolina) receives grants from 2 organizations whose IRS filings report $1,720 to it, the largest being The Bank of America Charitable Foundation Inc ($1,000). 2 of them have funded it in more than one year.

Revenue FY2025
$9.0M
Funders on record
2
Grants received
$2k
Net assets
$114k
2/2 repeat funderspeak grant-dependency 0%
01What it does

What Greensboro Academy Inc does

Mission

To operate a public school academy and to provide education to children in grades kindergarten through eighth grade based on rigorous teaching methods, parental involvement, student responsibility, and basic moral values. Enrollment is open to all appropriately aged children without regard to gender, ethnic background, disability, and/or religious affiliation.

As stated on its FY2025 Form 990.

Programs

  1. Operated an educational institution organized as a public school academy. The academy provides education, at no cost to the parent, to students in kindergarten through eighth grade. The academy operates under a charter approved by the north carolina state board of education.

    $6,343,128 spent$91,921 earned by the program
    97% of program spending
  2. Operated a school food service program at the public school academy described above. The academy offers free or reduced lunch for families that qualify. Funding for this program was provided by the usda food and nutrition service, in the amount of $0.

    $207,634 spent$113,965 earned by the program
    3% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $6,550,762.

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 ($6.1M) Expenses 100 ($6.1M) Net assets 100 ($96k)2018 Revenue 105 ($6.4M) Expenses 105 ($6.4M) Net assets 91 ($88k)2019 Revenue 110 ($6.7M) Expenses 110 ($6.7M) Net assets 79 ($76k)2020 Revenue 112 ($6.9M) Expenses 112 ($6.9M) Net assets 88 ($84k)2021 Revenue 119 ($7.3M) Expenses 119 ($7.3M) Net assets 77 ($74k)2022 Revenue 123 ($7.5M) Expenses 123 ($7.5M) Net assets 102 ($98k)2023 Revenue 139 ($8.5M) Expenses 139 ($8.5M) Net assets 104 ($100k)2024 Revenue 135 ($8.3M) Expenses 135 ($8.2M) Net assets 115 ($110k)2025 Revenue 147 ($9.0M) Expenses 146 ($9.0M) Net assets 118 ($114k)
'17'18'19'20'21'22'23'24'25
Revenue (147)Expenses (146)Net assets (118)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 $1.5M to $2.5M (+63%).

$129k
$138k
$207k
$558k
$581k
$1.0M
$1.4M
$1.5M
$2.5M
'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 97% · 2019 97% · 2020 98% · 2021 99% · 2022 98% · 2023 98% · 2024 98% · 2025 98%. Grants only. Government contracts and fees sit inside program revenue.

98% of GREENSBORO ACADEMY INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

−$10k
’17
−$8k
’18
−$12k
’19
$9k
’20
−$11k
’21
$24k
’22
$2k
’23
$10k
’24
$4k
’25
2.3
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.

'17'18'19'20'21'22'23'24'25
Listed553554565
Joined·+0+1+2+0+1+1+1+0
No longer listed·03002001
03Who funds it

Who funds it, year by year

2022 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $500 → $800.

From the IRS filings of GREENSBORO ACADEMY 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

GREENSBORO ACADEMY INC leans on a few funders — its largest provides 58% 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

58%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2022 100% · 2023 63% — diversifying over time.

“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

58% of GREENSBORO ACADEMY INC's grant income comes from North Carolina funders.

PA
NC

In-state vs out-of-state, by year

’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. 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

GREENSBORO ACADEMY INC's funding base is broadening — from 1 funders to 2 as grant income climbed.

Operating margin0% · below the median
Months of reserve2.3mo · below the median
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like GREENSBORO 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

73% of spending goes to programs.

Program 73%Management 27%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 GREENSBORO 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.

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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 GREENSBORO ACADEMY INC?
GREENSBORO ACADEMY INC (North Carolina) receives grants from 2 organizations whose IRS filings report $1,720 to it, the largest being The Bank of America Charitable Foundation Inc ($1,000). 2 of them have funded it in more than one year.
How many funders does GREENSBORO ACADEMY INC have?
IRS filings report 2 organizations giving $1,720 in grants to GREENSBORO ACADEMY INC, 2 of which have funded it in more than one year.
Who is the largest funder of GREENSBORO ACADEMY INC?
The Bank of America Charitable Foundation Inc is the largest funder on record, with $1,000 in grants. The full list of funders is on this page.
How can an organization like GREENSBORO 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.

Play a game about who funds Greensboro Academy →

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 2 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