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North Raleigh Christian Academy

Raleigh, NC · EIN 56-1975907 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

North Raleigh Christian Academy reported $18.0 million in revenue and $17.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $84.47 went to program services, $15.34 to management and general costs and $0.19 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 94.4% of the total. The highest compensation it reported for one person was $212,781 (DIRECTOR OF FINANCE). 5 people received more than $100,000 in reportable compensation. Revenue rose 27% 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 $17M

For 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 $18M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
84.5%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
15.3%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.2%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.09$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
2.0%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
94.4%69.9%
Highest reported compensation
Part VII-A, columns D–F
$212,781$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.22%1.28%
People paid over $100,000
Part VII, line 2
58
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
31.113.3
Independent voting board members
Part VI 1a–1b
11 of 14100.0%

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 expense
$15M expenses · 100.0% of program spending · grants $175K · revenue $13M

Nrca is a learning institution for those seeking a christ-centered place of excellence in academics, fine arts and athletics. The loving and caring environment nurtures students in spiritual and academic disciplines so they can launch into adult life equipped with godly character, academic preparedness and life skills. Our expected student outcomes of spiritual formation, worldview orientation, academic thinking, and skills development are integrated to fulfill the spiritual and academic goals of nrca. Our mission is not only to teach students how to make a living (academic thinking and…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
DIRECTOR OF FINANCE
Officer, 40.00 hrs/week
$178,894$0$33,887$212,781
SUPERINTENDENT
Officer, 40.00 hrs/week
$174,209$0$26,241$200,450
UPPER ELEMENTARY & MIDDLE SCHOOL PRINCIPAL
Highest compensated employee, 40.00 hrs/week
$111,094$0$26,693$137,787
DEAN OF STUDENTS
Highest compensated employee, 40.00 hrs/week
$103,568$0$28,066$131,634
HIGH SCHOOL PRINCIPAL
Highest compensated employee, 40.00 hrs/week
$104,262$0$10,960$115,222

5 people received more than $100,000 in reportable compensation from North Raleigh Christian Academy (Part VII, line 2). Compensation of current officers, directors and key employees totaled $425K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$18M$17M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$18M$17M84.5%$45M$212,781
FY2024 ⓘ$19M$17M86.4%$45M$199,749
FY2023 ⓘ$16M$16M86.1%$43M$190,372
FY2022 ⓘ$16M$14M85.1%$42M$199,758
FY2021 ⓘ$16M$13M85.2%$40M$174,771
FY2020 ⓘ$14M$14M88.5%$38M$240,025

Governance 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–1b14 · 11 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 11aNo
  • 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 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5188
  • Volunteers Part I, line 6250

Private foundation grants it received

6 private foundations reported grants to North Raleigh Christian Academy totaling $17,784 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 Raleigh Christian Academy'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 Raleigh Christian Academy, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in North Carolina

Questions people ask

How much of North Raleigh Christian Academy's spending goes to programs?

In the fiscal year ending June 30, 2025, North Raleigh Christian Academy reported that 84.5% of its $17.5 million in expenses went to program services, 15.3% to management and general and 0.2% to fundraising (Form 990, Part IX).

How much does North Raleigh Christian Academy pay its top executive?

The largest total compensation North Raleigh Christian Academy reported for one person in the fiscal year ending June 30, 2025 was $212,781, for the role of DIRECTOR OF FINANCE (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does North Raleigh Christian Academy get its money?

Of $18.0 million in revenue in the fiscal year ending June 30, 2025, 2.0% came from contributions and grants and 94.4% from program service revenue (Form 990, Part VIII).

Is North Raleigh Christian Academy a registered charity?

The IRS lists EIN 56-1975907 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 202630309349300603 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202530359349301378 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441289349300414 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202320689349300417 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202200409349300115 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131299349300503 · read the filing

All filings for EIN 56-1975907: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.