Triad Math and Science Academy Company
Triad Math and Science Academy Company reported $64.6 million in revenue and $61.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $74.87 went to program services, $25.13 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 91.0% of the total. Government grants made up 91.0%. The highest compensation it reported for one person was $241,082 (SUPERINTENDENT). 5 people received more than $100,000 in reportable compensation. Revenue rose 206% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $62MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $65MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 74.9% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 25.1% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 91.0% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 91.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 5.8% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $241,082 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.39% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 5 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 4.8 | 13.3 |
| Independent voting board members Part VI 1a–1b | 7 of 7 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseOperated 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
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| SUPERINTENDENT Officer, 40.00 hrs/week | $241,082 | $0 | $0 | $241,082 |
| TMSA-TRIAD PRINCIPAL Highest compensated employee, 40.00 hrs/week | $179,050 | $0 | $0 | $179,050 |
| TMSA-TRIAD PRINCIPAL Highest compensated employee, 40.00 hrs/week | $170,059 | $0 | $0 | $170,059 |
| DEPUTY SUPERINTENDENT Highest compensated employee, 40.00 hrs/week | $169,727 | $0 | $0 | $169,727 |
| TMSA-APEX PRINCIPAL Highest compensated employee, 40.00 hrs/week | $165,031 | $0 | $0 | $165,031 |
5 people received more than $100,000 in reportable compensation from Triad Math and Science Academy Company (Part VII, line 2). Compensation of current officers, directors and key employees totaled $241K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b7 · 7 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5812
- Volunteers Part I, line 67
Private foundation grants it received
1 private foundation reported grants to Triad Math and Science Academy Company totaling $304 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Triad Math and Science Academy Company's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Triad Math and Science Academy Company, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Triad Math and Science Academy Company spent in FY2025, $74.87 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Associated Students UCLALos Angeles, CA · revenue $65M · programs 76.8% · FY2025
- North Texas Higher Education AuthorityArlington, TX · revenue $65M · programs 60.9% · FY2025
- Collegiate AcademiesNew Orleans, LA · revenue $65M · programs 66.2% · FY2025
- Granite Mountain Charter SchoolLucerne Valley, CA · revenue $65M · programs 93.6% · FY2025
- Project Lead the WayIndianapolis, IN · revenue $65M · programs 83.4% · FY2025
All education charities · Largest charities in North Carolina
Questions people ask
How much of Triad Math and Science Academy Company's spending goes to programs?
In the fiscal year ending June 30, 2025, Triad Math and Science Academy Company reported that 74.9% of its $61.7 million in expenses went to program services, 25.1% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Triad Math and Science Academy Company pay its top executive?
The largest total compensation Triad Math and Science Academy Company reported for one person in the fiscal year ending June 30, 2025 was $241,082, for the role of SUPERINTENDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Triad Math and Science Academy Company get its money?
Of $64.6 million in revenue in the fiscal year ending June 30, 2025, 91.0% came from contributions and grants (including 91.0% from government grants) and 5.8% from program service revenue (Form 990, Part VIII).
Is Triad Math and Science Academy Company a registered charity?
The IRS lists EIN 20-8471670 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202601109349301425 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541209349302124 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421919349301667 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331519349300903 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201339349302625 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131329349302893 · read the filing
All filings for EIN 20-8471670: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.