North Carolina School of Science and Mathematics Foundation
North Carolina School of Science and Mathematics Foundation reported $11.2 million in revenue and $11.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $84.38 went to program services, $6.27 to management and general costs and $9.35 to fundraising. Its largest source of revenue was contributions and grants: 73.9% of the total. The highest compensation it reported for one person was $443,968 (CHANCELLOR, MEMBER EX-OFFICIO). Revenue fell 8% 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 $11MFor 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 $11MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 84.4% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 6.3% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 9.3% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.12 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 73.9% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $443,968 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 4.03% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 0 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 44.1 | 13.3 |
| Independent voting board members Part VI 1a–1b | 30 of 30 | 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 expenseHighest 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 |
|---|---|---|---|---|
| CHANCELLOR, MEMBER EX-OFFICIO Director/trustee, 15.00 hrs/week | $0 | $332,693 | $111,275 | $443,968 |
| VICE CHANCELLOR OF DEVELOPMENT AND FOUNDATION PRES Officer, 50.00 hrs/week | $0 | $152,919 | $56,556 | $209,475 |
| ASSISTANT TREASURER Officer, 5.00 hrs/week | $0 | $138,815 | $52,087 | $190,902 |
0 people received more than $100,000 in reportable compensation from North Carolina School of Science and Mathematics Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $400K (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–1b30 · 30 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 15aNo
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2Yes
- 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 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
- Volunteers Part I, line 685
Private foundation grants it received
7 private foundations reported grants to North Carolina School of Science and Mathematics Foundation totaling $24,003 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 North Carolina School of Science and Mathematics Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for North Carolina School of Science and Mathematics Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 North Carolina School of Science and Mathematics Foundation spent in FY2025, $84.38 went to programs. The full breakdown, from its IRS Form 990:
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All education charities · Largest charities in North Carolina
Questions people ask
How much of North Carolina School of Science and Mathematics Foundation's spending goes to programs?
In the fiscal year ending June 30, 2025, North Carolina School of Science and Mathematics Foundation reported that 84.4% of its $11.0 million in expenses went to program services, 6.3% to management and general and 9.3% to fundraising (Form 990, Part IX).
How much does North Carolina School of Science and Mathematics Foundation pay its top executive?
The largest total compensation North Carolina School of Science and Mathematics Foundation reported for one person in the fiscal year ending June 30, 2025 was $443,968, for the role of CHANCELLOR, MEMBER EX-OFFICIO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does North Carolina School of Science and Mathematics Foundation get its money?
Of $11.2 million in revenue in the fiscal year ending June 30, 2025, 73.9% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is North Carolina School of Science and Mathematics Foundation a registered charity?
The IRS lists EIN 56-1250756 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), 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 202610699349301616 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531359349307833 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441369349313344 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331359349310353 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211319349305001 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141059349301019 · read the filing
All filings for EIN 56-1250756: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.