Nonprofit screen
Screen a listThe Carolina Academy
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$2.1Mrevenue
FY2025 · −18% in 3 yrs86staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−3.0%
Months of reserve3.3mo
Revenue growth (annualized)+4.4%
Middle half of peersMedianCarolina Academy
Where the money goes FY2025 · $2.2M spent
Programs$2.0M92%Management and general$178k8%Fundraising$4k0%990 FY2025 · Part IX line 25
Worth checking3
Its largest funder stopped after FY2022
Darla Moore and Richard Rainwater Foundation gave about $700k a year for two years, 39% of revenue in FY2022.
Funders’ 990-PF grant listsGovernment grants fell 83% in FY2024
$482k in FY2023, $80k in FY2024.
990 Part VIIIDeficits in 2 of the last 3 years
−$149k in FY2024 and −$62k in FY2025. Cash covers 3.3 months, under the peer median of 3.9.
990 Part I and balance sheetIn its favor
None found in the filings.
5funders
$500ka year, last 3 years
93%from its largest funder
Funder’19’20’21’22’23Darla Moore and Richard Rainwater FoundationStopped after FY2022$399k$1.0M–King Family Foundation IncOn and off$100kDonor-advised giftsDonors not disclosed$100k$21$21
FundedThrough a donor-advised fundStopped