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Funding

North Carolina · Nonprofit

SHINING ROCK CLASSICAL ACADEMY

SHINING ROCK CLASSICAL ACADEMY (North Carolina) receives grants from 5 organizations whose IRS filings report $55,510 to it, the largest being Parents for Educational Freedom in NC ($22,500). 2 of them have funded it in more than one year.

$7.5M
Revenue FY2025
5
Funders on record
$56k
Grants received
$3.0M
Net assets
2/5 repeat funderspeak grant-dependency 1%

Against its field

SHINING ROCK CLASSICAL ACADEMY has grown faster than half of the 9,072 education nonprofits its size.

Operating margin−4% · bottom quartile
Months of reserve2.3mo · below the median
Revenue growth (annualized)12% · above the median

this organization peer median middle 50% of peers· 9,072 education nonprofits $1M–$10M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The 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 ($3.0M) Expenses 100 ($2.5M) Net assets 100 ($859k)2018 Revenue 116 ($3.4M) Expenses 125 ($3.1M) Net assets 138 ($1.2M)2019 Revenue 121 ($3.6M) Expenses 144 ($3.6M) Net assets 137 ($1.2M)2020 Revenue 98 ($2.9M) Expenses 108 ($2.7M) Net assets 163 ($1.4M)2021 Revenue 124 ($3.7M) Expenses 121 ($3.0M) Net assets 240 ($2.1M)2022 Revenue 195 ($5.8M) Expenses 227 ($5.7M) Net assets 220 ($1.9M)2023 Revenue 258 ($7.7M) Expenses 226 ($5.7M) Net assets 455 ($3.9M)2024 Revenue 239 ($7.1M) Expenses 309 ($7.7M) Net assets 386 ($3.3M)2025 Revenue 250 ($7.5M) Expenses 310 ($7.8M) Net assets 350 ($3.0M)
'17'18'19'20'21'22'23'24'25
Revenue (250)Expenses (310)Net assets (350)Peer revenue range

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 90% · 2018 91% · 2019 95% · 2020 96% · 2021 97% · 2022 95% · 2023 79% · 2024 94% · 2025 94%. Grants only. Government contracts and fees sit inside program revenue.

94% of SHINING ROCK CLASSICAL ACADEMY’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).

This organization
Typical peer · 12,312 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$479k
17
$322k
18
$8k
19
$222k
20
$664k
21
$137k
22
$2.0M
23
$593k
24
$302k
25
2.3
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base held at 2 funders, grant income fell $30k → $3k.

2 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF)20% 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 SHINING ROCK CLASSICAL 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

SHINING ROCK CLASSICAL ACADEMY leans on a few funders — its largest provides 41% of grant income and the top three 94%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

61% 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 SHINING ROCK CLASSICAL ACADEMY.

41%
largest funder
94%
top three
~3
effective funders

Largest funder’s share by year: 2017 67% · 2018 89% · 2020 100% · 2021 100% · 2022 100% · 2023 92%growing more concentrated.

“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

100% of SHINING ROCK CLASSICAL ACADEMY's grant income comes from North Carolina funders.

NC

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

17
18
23
North Carolina out of state home

Funder states come from each funder’s own filing. $11k arriving through sponsors registered in 2 states 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like SHINING ROCK CLASSICAL ACADEMY

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

In North Carolina

Nationally

04Profile & governance

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

Where the money goes

66% of spending goes to programs.

Program 66%Management 34%Fundraising 0%

Governance

9
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Footprint & structure

Part of a family of 1 related entity

  • Shining Rock Classical Academy Holdings Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for SHINING ROCK CLASSICAL 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.

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. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds SHINING ROCK CLASSICAL ACADEMY?
SHINING ROCK CLASSICAL ACADEMY (North Carolina) receives grants from 5 organizations whose IRS filings report $55,510 to it, the largest being Parents for Educational Freedom in NC ($22,500). 2 of them have funded it in more than one year.
How many funders does SHINING ROCK CLASSICAL ACADEMY have?
IRS filings report 5 organizations giving $55,510 in grants to SHINING ROCK CLASSICAL ACADEMY, 2 of which have funded it in more than one year.
Who is the largest funder of SHINING ROCK CLASSICAL ACADEMY?
Parents for Educational Freedom in NC is the largest funder on record, with $22,500 in grants. The full list of funders is on this page.
How can an organization like SHINING ROCK CLASSICAL 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.

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 5funders 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 August 27, 2026. What this page cannot tell you · view filing