Skip to content

North Carolina · Nonprofit

TRIAD MATH AND SCIENCE ACADEMY COMPANY

TRIAD MATH AND SCIENCE ACADEMY COMPANY (North Carolina) receives grants from 6 organizations whose IRS filings report $699,924 to it, the largest being JASON AND ADRIANA WEST FOUNDATION ($525,000). 3 of them have funded it in more than one year.

Revenue FY2025
$65M
Funders on record
6
Grants received
$700k
Net assets
$25M
3/6 repeat funderspeak grant-dependency 1%
01What it does

What Triad Math and Science Academy Company does

Mission

Operation of public charter schools.

As stated on its FY2025 Form 990.

Program

  1. Operated four public charter schools in north carolina: triad math and science academy, the math and science academy of apex, the math and science academy of charlotte, and triangle math and science academy, serving approximately 5,138 students for the fiscal year ending june 30, 2025.

    $46,192,518 spent$5,517,670 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $46,192,518.

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 ($17M) Expenses 100 ($16M) Net assets 100 ($4.0M)2019 Revenue 123 ($21M) Expenses 110 ($17M) Net assets 197 ($7.9M)2020 Revenue 126 ($21M) Expenses 137 ($22M) Net assets 187 ($7.5M)2021 Revenue 155 ($26M) Expenses 136 ($21M) Net assets 300 ($12M)2022 Revenue 186 ($31M) Expenses 169 ($27M) Net assets 478 ($19M)2023 Revenue 278 ($47M) Expenses 307 ($48M) Net assets 443 ($18M)2024 Revenue 303 ($51M) Expenses 333 ($52M) Net assets 542 ($22M)2025 Revenue 385 ($65M) Expenses 392 ($62M) Net assets 614 ($25M)
'17'19'20'21'22'23'24'25
Revenue (385)Expenses (392)Net assets (614)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 2021 to 2022, from $12M to $20M (+58%).

$4.2M
$8.0M
$10M
$12M
$20M
$18M
$22M
$25M
'17'19'20'21'22'23'24'25
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
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 4% · 2019 6% · 2020 5% · 2021 17% · 2022 12% · 2023 91% · 2024 90% · 2025 91%. Grants only. Government contracts and fees sit inside program revenue.

91% of TRIAD MATH AND SCIENCE ACADEMY COMPANY’s revenue is contributions — more donation-reliant than 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. 3 of the last 8 reported years ran a deficit.

$1.1M
’17
$3.3M
’19
−$405k
’20
$4.5M
’21
$4.7M
’22
−$1.6M
’23
−$1.4M
’24
$3.0M
’25
3.0
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.

'17'19'20'21'22'23'24'25
Listed866810131512
Joined··+1+7+2+5+5+2
No longer listed··150235
03Who funds it

Who funds it, year by year

2020 → 2023: the base held at 2 funders, grant income fell $8k → $6k.

1 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% 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 TRIAD MATH AND SCIENCE ACADEMY COMPANY’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

TRIAD MATH AND SCIENCE ACADEMY COMPANY leans on a few funders — its largest provides 75% of grant income and the top three 96%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

75%
largest funder
96%
top three
~2
effective funders

Largest funder’s share by year: 2020 99% · 2021 96% · 2022 62% · 2023 95% — 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

99% of TRIAD MATH AND SCIENCE ACADEMY COMPANY's grant income comes from North Carolina funders.

IL
NC

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

’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $1k arriving through sponsors registered in 1 state 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.

04Its place in the field

Against its field

TRIAD MATH AND SCIENCE ACADEMY COMPANY has grown faster than three-quarters of the 3,758 education nonprofits its size.

Operating margin5% · above the median
Months of reserve3.0mo · below the median
Revenue growth (annualized)18% · top quartile

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

Government funding TRIAD MATH AND SCIENCE ACADEMY COMPANY receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3.3M on record.

Federal$3.3M
grants $3.3Mcontracts $0
25
26
Top agencies
  • Department of Education$3.3M

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 TRIAD MATH AND SCIENCE ACADEMY COMPANY

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

75% of spending goes to programs.

Program 75%Management 25%Fundraising 0%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 1 related entity

  • Triad Educational Services Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for TRIAD MATH AND SCIENCE ACADEMY COMPANY: 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 TRIAD MATH AND SCIENCE ACADEMY COMPANY?
TRIAD MATH AND SCIENCE ACADEMY COMPANY (North Carolina) receives grants from 6 organizations whose IRS filings report $699,924 to it, the largest being JASON AND ADRIANA WEST FOUNDATION ($525,000). 3 of them have funded it in more than one year.
How many funders does TRIAD MATH AND SCIENCE ACADEMY COMPANY have?
IRS filings report 6 organizations giving $699,924 in grants to TRIAD MATH AND SCIENCE ACADEMY COMPANY, 3 of which have funded it in more than one year.
Who is the largest funder of TRIAD MATH AND SCIENCE ACADEMY COMPANY?
JASON AND ADRIANA WEST FOUNDATION is the largest funder on record, with $525,000 in grants. The full list of funders is on this page.
How can an organization like TRIAD MATH AND SCIENCE ACADEMY COMPANY 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 Triad Math and Science Academy Company →

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 6 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