Nonprofit · EIN 20-8471670
TRIAD MATH AND SCIENCE ACADEMY COMPANY
Tax-exempt · APEX, NC 27502
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $64,646,722 | $61,693,092 | $2,953,630 | $25,062,634 | $339,783 | $24,722,851 |
| June 30, 2024 | 990 | $50,946,959 | $52,334,089 | -$1,387,130 | $22,089,420 | $273,947 | $21,815,473 |
| June 30, 2023 | 990 | $46,727,230 | $48,308,357 | -$1,581,127 | $17,976,351 | $131,474 | $17,844,877 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $58,850,081
- of which government grants
- $58,816,847
- Program service revenue
- $3,780,888
- Investment income
- $292,302
- Net rental income
- $96,985
- Net income from fundraising events
- -$13,331
- Other revenue
- $1,723,451
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $241,082
- Other salaries and wages
- $30,294,300
- Salaries, compensation and benefits (total)
- $38,493,374
- Professional fundraising fees
- $0
- Legal fees
- $434,093
- Accounting fees
- $2,445,393
- Occupancy
- $7,624,174
- Travel
- $399,853
- Depreciation
- $608,935
- Program services (functional)
- $46,192,518
- Management and general (functional)
- $15,500,574
Balance sheet and other
- Total assets, start of year
- $22,089,420
- Total assets, end of year
- $25,062,634
- Total liabilities, end of year
- $339,783
- Net assets, end of year
- $24,722,851
- Land, buildings and equipment
- $8,230,941
- Net assets without donor restrictions
- $24,722,851
- Gross receipts
- $64,660,053
- Employees
- 812
- Volunteers
- 7
- Year formed
- 2007
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BEN KARADUMAN | SUPERINTENDENT Officer | 40 | $241,082 |
| FATIH KANDIL | TMSA-TRIAD PRINCIPAL Highest-paid employee | 40 | $179,050 |
| DIANA GUNESGOR | TMSA-TRIAD PRINCIPAL Highest-paid employee | 40 | $170,059 |
| ERAY IDIL | DEPUTY SUPERINTENDENT Highest-paid employee | 40 | $169,727 |
| SERDAR YUKSEKKAYA | TMSA-APEX PRINCIPAL Highest-paid employee | 40 | $165,031 |
| VICTOR OFORI-BOADU | PRESIDENT Trustee or director, Officer | 2 | $0 |
| MIR NUGMANOV | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| SALIH TUNCER | TREASURER Trustee or director, Officer | 1 | $0 |
| VICTOR NADBITOV | SECRETARY Trustee or director, Officer | 1 | $0 |
| FAHRUDIN MEKIC | MEMBER Trustee or director | 1 | $0 |
| DR TERRENCE THOMAS | MEMBER Trustee or director | 1 | $0 |
| CARLOS HERNANADEZ | MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BEN KARADUMAN | SUPERINTENDENT Officer | 40 | $168,042 | $10,310 |
| ERAY IDIL | DEPUTY SUPERINTENDENT Highest-paid employee | 40 | $132,365 | $9,152 |
| DIANA GUNESGOR | TMSA-TRIAD PRINCIPAL Highest-paid employee | 40 | $139,328 | $0 |
| FATIH KANDIL | TMSA-TRIAD PRINCIPAL Highest-paid employee | 40 | $133,234 | $0 |
| TUNCAY CELIK | ACCOUNTING MANAGER Highest-paid employee | 40 | $123,605 | $9,433 |
| AMANI SAEED | TMSA-CHARLOTTE PRINCIPAL Highest-paid employee | 40 | $129,238 | $1,493 |
| MARWA CAYLI | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| VICTOR NADBITOV | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| DZHOVID DZHURAEV | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| VICTOR OFORI-BOADU | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| BRANDON FREDERICK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SALIH TUNCER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MIR NUGMANOV | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| FAHRUDIN MEKIC | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR TERRENCE THOMAS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BUNYAMIN KARADUMAN | SUPERINTENDE Officer | 40 | $141,659 | $22,795 |
| DIANE GUNESGOR | PRINCIPAL Highest-paid employee | 40 | $107,956 | $25,284 |
| FAITH KANDIL | PRINCIPAL Highest-paid employee | 40 | $102,327 | $25,284 |
| MITHAT KARABULUT | TRIANGLE PRI Highest-paid employee | 40 | $110,556 | $9,790 |
| ERAY IDIL | DEPUTY SUPER Highest-paid employee | 40 | $112,153 | $3,650 |
| CARLTON CAMMON | MEMBER Trustee or director | 1 | $0 | $0 |
| MARWA CAYLI | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| DZHOVID DZHURAEV | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| FAHRUDIN MEKIC | MEMBER Trustee or director | 1 | $0 | $0 |
| VICTOR NADBITOV | VICE PRESIDE Trustee or director, Officer | 1 | $0 | $0 |
| VICTOR OFORI-BOADU | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| FAITH OGUZ | MEMBER Trustee or director | 1 | $0 | $0 |
| DR TERRENCE THOMAS | MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3570 AMBERLIGHT ROAD A200, APEX, NC 27502-7426
- Principal officer (990 for 2024)
- VICTOR OFORI-BOADU, 3570 AMBERLIGHT ROAD A200, APEX, NC 27502
- Signed the 990
- BEN KARADUMAN, SUPERINTENDENT
- Phone
- (919) 650-2270
- Website
- WWW.TMSASCHOOLS.ORG
- Return prepared by
- SHARPE PATEL CPA
Mission
OPERATION OF PUBLIC CHARTER SCHOOLS.
Program accomplishments
- 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.Expenses $46,192,518 · revenue $5,517,670
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-8471670
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2009
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $25,062,634
- Income (IRS master file)
- $64,660,053
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $64,646,722 | $61,693,092 | $25,062,634 | XML |
| 990 | June 2024 | $50,946,959 | $52,334,089 | $22,089,420 | IRS |
| 990 | June 2023 | $46,727,230 | $48,308,357 | $17,976,351 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-8471670).
Questions about TRIAD MATH AND SCIENCE ACADEMY COMPANY
- What is the EIN of TRIAD MATH AND SCIENCE ACADEMY COMPANY?
- The employer identification number (EIN) of TRIAD MATH AND SCIENCE ACADEMY COMPANY is 20-8471670.
- Is TRIAD MATH AND SCIENCE ACADEMY COMPANY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to TRIAD MATH AND SCIENCE ACADEMY COMPANY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TRIAD MATH AND SCIENCE ACADEMY COMPANY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of TRIAD MATH AND SCIENCE ACADEMY COMPANY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TRIAD MATH AND SCIENCE ACADEMY COMPANY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of TRIAD MATH AND SCIENCE ACADEMY COMPANY?
- The 990 for the year ended June 30, 2025 names VICTOR OFORI-BOADU.
- Who are the officers and directors of TRIAD MATH AND SCIENCE ACADEMY COMPANY?
- The 990 for the year ended June 30, 2025 lists 12 people; 5 received compensation from the organization, the highest $241,082 (BEN KARADUMAN, SUPERINTENDENT).
- How much revenue does TRIAD MATH AND SCIENCE ACADEMY COMPANY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $64,646,722, expenses of $61,693,092 and total assets of $25,062,634 at year end.
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