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North Carolina · Nonprofit

TRIANGLE CHARTER EDUCATION ASSOCIATION INC

TRIANGLE CHARTER EDUCATION ASSOCIATION INC (North Carolina) receives grants from 3 organizations whose IRS filings report $1,985 to it, the largest being AMAZONSMILE FOUNDATION ($1,697). 1 of them have funded it in more than one year, and 85% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$16M
Funders on record
3
Grants received
$2k
Net assets
$-6468929
1/3 repeat funderspeak grant-dependency 0%
01What it does

What Triangle Charter Education Association Inc does

Mission

The triangle charter educational association is a north carolina not-for-profit entity organized exclusively for educational purposes. The association is comprised of respected leaders within the state of north carolina who are committed to providing high quality educational options for the citizens of the state. The association governs cardinal charter academy and cardinal charter academy at wendell falls.

As stated on its FY2025 Form 990.

Program

  1. Cardinal charter academy and cardinal charter academy at wendell falls are tuition-free public charter schools educating students who reside in north carolina. The schools currently serve students in kindergarten through eighth grade. The academies' mission is to build a student-centered learning environment that is project-based and technology-driven, enabling students to reach their academic potential. The schools emphasize academic success through the use of data to address the diverse and individualized needs of students. Cardinal charter academy fosters a culture of innovation and inquiry, using technology as a key instructional medium.

    $8,340,054 spent$362,968 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $8,340,054.

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 ($9.2M) Expenses 100 ($9.3M)2018 Revenue 96 ($8.8M) Expenses 101 ($9.4M)2019 Revenue 91 ($8.3M) Expenses 96 ($9.0M)2020 Revenue 97 ($8.9M) Expenses 103 ($9.6M)2021 Revenue 165 ($15M) Expenses 166 ($15M)2022 Revenue 194 ($18M) Expenses 193 ($18M)2023 Revenue 198 ($18M) Expenses 200 ($19M)2024 Revenue 181 ($17M) Expenses 197 ($18M)2025 Revenue 176 ($16M) Expenses 179 ($17M)
'17'18'19'20'21'22'23'24'25
Revenue (176)Expenses (179)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 2020 to 2021, from $10M to $24M (+129%).

$14M
$12M
$11M
$10M
$24M
$23M
$35M
$32M
$32M
'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 94% · 2018 94% · 2019 95% · 2020 96% · 2021 98% · 2022 90% · 2023 84% · 2024 95% · 2025 98%. Grants only. Government contracts and fees sit inside program revenue.

98% of TRIANGLE CHARTER EDUCATION ASSOCIATION INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (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. 9 of the last 9 reported years ran a deficit.

−$156k
’17
−$636k
’18
−$611k
’19
−$702k
’20
−$320k
’21
−$226k
’22
−$521k
’23
−$1.8M
’24
−$570k
’25
1.5
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
Listed666555565
Joined·+3+0+2+0+2+5+4+1
No longer listed·30302532
03Who funds it

Who funds it, year by year

2020 → 2023: the base held at 1 funder, grant income fell $302 → $88.

Funder
'20
'21
'22
'23
total
funders
1
1
2
1

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 85% 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 TRIANGLE CHARTER EDUCATION ASSOCIATION 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

TRIANGLE CHARTER EDUCATION ASSOCIATION INC leans on a few funders — its largest provides 85% 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

85% 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 TRIANGLE CHARTER EDUCATION ASSOCIATION INC.

85%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% · 2022 79% · 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

85% of TRIANGLE CHARTER EDUCATION ASSOCIATION INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $288 that is directly attributable, 100% of it comes from funders outside North Carolina, across 2 states.

MA
RI

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. $2k 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

TRIANGLE CHARTER EDUCATION ASSOCIATION INC has grown faster than half of the 3,758 education nonprofits its size.

Operating margin−4% · bottom quartile
Months of reserve1.5mo · below the median
Revenue growth (annualized)7% · above the median

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

Government funding TRIANGLE CHARTER EDUCATION ASSOCIATION INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $31k on record.

Federal$31k
grants $31kcontracts $0
Top agencies
  • Department of Education$31k

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 TRIANGLE CHARTER EDUCATION ASSOCIATION 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

50% of spending goes to programs.

Program 50%Management 50%Fundraising 0%

Governance

5
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

NC

Screen this organization

A dated, signed PDF of the compliance screen for TRIANGLE CHARTER EDUCATION ASSOCIATION 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 TRIANGLE CHARTER EDUCATION ASSOCIATION INC?
TRIANGLE CHARTER EDUCATION ASSOCIATION INC (North Carolina) receives grants from 3 organizations whose IRS filings report $1,985 to it, the largest being AMAZONSMILE FOUNDATION ($1,697). 1 of them have funded it in more than one year, and 85% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does TRIANGLE CHARTER EDUCATION ASSOCIATION INC have?
IRS filings report 3 organizations giving $1,985 in grants to TRIANGLE CHARTER EDUCATION ASSOCIATION INC, 1 of which have funded it in more than one year.
Who is the largest funder of TRIANGLE CHARTER EDUCATION ASSOCIATION INC?
AMAZONSMILE FOUNDATION is the largest funder on record, with $1,697 in grants. The full list of funders is on this page.
How can an organization like TRIANGLE CHARTER EDUCATION ASSOCIATION 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 Triangle Charter Education Association →

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 3 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