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North Carolina · Nonprofit

PEAK CHARTER ACADEMY

PEAK CHARTER ACADEMY (North Carolina) receives grants from 2 organizations whose IRS filings report $560 to it, the largest being Arthur J Gallagher Foundation ($300). 0 of them have funded it in more than one year.

Revenue FY2025
$8.8M
Funders on record
2
Grants received
$560
Net assets
$46k
0/2 repeat funderspeak grant-dependency 0%
01What it does

What Peak Charter Academy does

Mission

To operate a public charter school 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.

    $7,055,718 spent$161,985 earned by the program
    98% 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 $40,272.

    $126,637 spent$56,090 earned by the program
    2% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $7,182,355.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 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 = 20182018 Revenue 100 ($5.0M) Expenses 100 ($5.0M) Net assets 100 ($13k)2019 Revenue 122 ($6.1M) Expenses 122 ($6.1M) Net assets 118 ($15k)2020 Revenue 141 ($7.1M) Expenses 141 ($7.1M) Net assets 171 ($22k)2021 Revenue 151 ($7.6M) Expenses 151 ($7.6M) Net assets 367 ($47k)2022 Revenue 157 ($7.9M) Expenses 157 ($7.9M) Net assets 554 ($70k)2023 Revenue 165 ($8.3M) Expenses 166 ($8.3M) Net assets 420 ($53k)2024 Revenue 177 ($8.9M) Expenses 178 ($8.9M) Net assets 298 ($38k)2025 Revenue 176 ($8.8M) Expenses 176 ($8.8M) Net assets 362 ($46k)
'18'19'20'21'22'23'24'25
Revenue (176)Expenses (176)Net assets (362)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 2023 to 2024, from $676k to $1.3M (+99%).

$54k
$240k
$250k
$665k
$537k
$676k
$1.3M
$1.6M
'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.

2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 97% · 2019 97% · 2020 98% · 2021 99% · 2022 99% · 2023 97% · 2024 98% · 2025 98%. Grants only. Government contracts and fees sit inside program revenue.

98% of PEAK CHARTER ACADEMY’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. 2 of the last 8 reported years ran a deficit.

$13k
’18
$2k
’19
$7k
’20
$25k
’21
$24k
’22
−$17k
’23
−$16k
’24
$8k
’25
1.8
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.

'18'19'20'21'22'23'24'25
Listed56888787
Joined·+1+2+0+1+1+2+1
No longer listed·0001212
03Who funds it

Who funds it, year by year

2022 → 2023: the base held at 1 funder, grant income fell $300 → $260.

From the IRS filings of PEAK CHARTER ACADEMY’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

PEAK CHARTER ACADEMY leans on a few funders — its largest provides 54% 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

54%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2022 100% · 2023 100% — broadly stable.

“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

PEAK CHARTER ACADEMY draws 100% of its grant income from funders outside North Carolina, across 2 states in all.

IL
TX

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

PEAK CHARTER ACADEMY has grown faster than half of the 9,398 education nonprofits its size.

Operating margin0% · below the median
Months of reserve1.8mo · below the median
Revenue growth (annualized)8% · above the median

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

Organizations like PEAK CHARTER ACADEMY

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

81% of spending goes to programs.

Program 81%Management 19%Fundraising 0%

Governance

7
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 PEAK CHARTER ACADEMY: 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 PEAK CHARTER ACADEMY?
PEAK CHARTER ACADEMY (North Carolina) receives grants from 2 organizations whose IRS filings report $560 to it, the largest being Arthur J Gallagher Foundation ($300). 0 of them have funded it in more than one year.
How many funders does PEAK CHARTER ACADEMY have?
IRS filings report 2 organizations giving $560 in grants to PEAK CHARTER ACADEMY.
Who is the largest funder of PEAK CHARTER ACADEMY?
Arthur J Gallagher Foundation is the largest funder on record, with $300 in grants. The full list of funders is on this page.
How can an organization like PEAK CHARTER ACADEMY 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 Peak Charter Academy →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), 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