Nonprofit · EIN 26-2352170
SOCRATES ACADEMY FOUNDATION INC
Tax-exempt · MATTHEWS, NC 28105
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,469,798 | $2,709,528 | -$239,730 | $38,062,828 | $33,179,295 | $4,883,533 |
| June 30, 2024 | 990 | $3,289,337 | $2,099,891 | $1,189,446 | $35,396,859 | $30,249,332 | $5,147,527 |
| June 30, 2023 | 990 | $552,338 | $894,728 | -$342,390 | $16,561,491 | $12,632,598 | $3,928,893 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $66,563
- Program service revenue
- $1,555,093
- Investment income
- $721,509
- Other revenue
- $126,633
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $5,449
- Depreciation
- $525,670
- Program services (functional)
- $2,608,783
- Management and general (functional)
- $9,068
- Fundraising (functional)
- $91,677
Balance sheet and other
- Total assets, start of year
- $35,396,859
- Total assets, end of year
- $38,062,828
- Total liabilities, end of year
- $33,179,295
- Net assets, end of year
- $4,883,533
- Land, buildings and equipment
- $27,192,460
- Net assets without donor restrictions
- $4,883,533
- Gross receipts
- $2,469,798
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2008
- 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 |
|---|---|---|---|
| Klea Miho | Chair Trustee or director, Officer | 5 | $0 |
| Antonis Stylianou | Member Trustee or director | 5 | $0 |
| John Couchell | Member Trustee or director | 5 | $0 |
| Despina Koumantarcos | Member Trustee or director | 5 | $0 |
| Mitch Khristenberry | Vice Chair Trustee or director | 5 | $0 |
| Jessica Margolis | Secretary Trustee or director | 5 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Klea Miho | Chair Trustee or director, Officer | 5 | $0 |
| Antonis Stylianou | Member Trustee or director | 5 | $0 |
| Shenelle Brodhurst | Secretary Trustee or director, Officer | 5 | $0 |
| Samantha Prasad | Treasurer Trustee or director, Officer | 5 | $0 |
| John Couchell | Member Trustee or director | 5 | $0 |
| Despina Koumantarcos | Member Trustee or director | 5 | $0 |
| Casey Brewer | Member Trustee or director | 5 | $0 |
| Mitch Christenberry | Member Trustee or director | 5 | $0 |
| Ben Dresser | Member Trustee or director | 5 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Klea Miho | Member Trustee or director | 5 | $0 |
| Dr Zoi Philippakos | Member Trustee or director | 5 | $0 |
| Antonis Stylianou | Vice President Trustee or director, Officer | 5 | $0 |
| Barry Robinson | Secretary Trustee or director, Officer | 5 | $0 |
| George Kokalis | Treasurer Trustee or director, Officer | 5 | $0 |
| John Couchell | President Trustee or director, Officer | 5 | $0 |
| Rhonda Patterson | Member Trustee or director | 5 | $0 |
| Dr Brenda Bilal | Member Trustee or director | 5 | $0 |
| Janis Dellinger-Holton | Member Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 3909 WEDDINGTON RD, MATTHEWS, NC 28105-6673
- Principal officer (990 for 2024)
- Klea Miho, 3909 Weddinton Rd, Matthews, NC 28105
- Signed the 990
- Klea Miho, President
- Phone
- (704) 321-1711
- Return prepared by
- Darrell L Keller CPA PA
Mission
To raise funds for Socrates Academy and lease real property to Socrates Academy.
Program accomplishments
- Raise funds for the Socrates Academy, Inc. and lease the real estate to the school for the operation of the charter school.Expenses $2,608,783 · revenue $2,469,798
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
- 26-2352170
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type II
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2009
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $38,062,828
- Income (IRS master file)
- $2,469,798
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,469,798 | $2,709,528 | $38,062,828 | IRS |
| 990 | June 2024 | $3,289,337 | $2,099,891 | $35,396,859 | IRS |
| 990 | June 2023 | $552,338 | $894,728 | $16,561,491 | XML |
| 990 | June 2022 | $549,780 | $836,600 | $16,583,864 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 26-2352170).
Questions about SOCRATES ACADEMY FOUNDATION INC
- What is the EIN of SOCRATES ACADEMY FOUNDATION INC?
- The employer identification number (EIN) of SOCRATES ACADEMY FOUNDATION INC is 26-2352170.
- Is SOCRATES ACADEMY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to SOCRATES ACADEMY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does SOCRATES ACADEMY FOUNDATION INC 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 SOCRATES ACADEMY FOUNDATION INC 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 SOCRATES ACADEMY FOUNDATION INC 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 SOCRATES ACADEMY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names Klea Miho.
- Who are the officers and directors of SOCRATES ACADEMY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does SOCRATES ACADEMY FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,469,798, expenses of $2,709,528 and total assets of $38,062,828 at year end.
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