Nonprofit · EIN 56-1975907
NORTH RALEIGH CHRISTIAN ACADEMY
Tax-exempt · RALEIGH, NC 27616
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $18,048,566 | $17,489,124 | $559,442 | $52,668,700 | $7,338,132 | $45,330,568 |
| June 30, 2024 | 990 | $18,950,710 | $16,719,848 | $2,230,862 | $54,609,540 | $9,838,414 | $44,771,126 |
| June 30, 2023 | 990 | $16,327,968 | $15,560,642 | $767,326 | $51,980,854 | $9,440,590 | $42,540,264 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $360,761
- Program service revenue
- $17,037,819
- Investment income
- $395,058
- Net rental income
- $206,216
- Net income from fundraising events
- $48,712
- Other revenue
- $254,928
Expenses
- Grants and similar amounts paid
- $174,640
- Compensation of officers, directors and key employees
- $424,587
- Other salaries and wages
- $7,972,776
- Salaries, compensation and benefits (total)
- $10,569,403
- Professional fundraising fees
- $34,000
- Legal fees
- $19,282
- Accounting fees
- $30,700
- Occupancy
- $671,833
- Travel
- $33,563
- Depreciation
- $2,408,393
- Program services (functional)
- $14,773,060
- Management and general (functional)
- $2,682,064
- Fundraising (functional)
- $34,000
Balance sheet and other
- Total assets, start of year
- $54,609,540
- Total assets, end of year
- $52,668,700
- Total liabilities, end of year
- $7,338,132
- Net assets, end of year
- $45,330,568
- Land, buildings and equipment
- $36,085,652
- Net assets without donor restrictions
- $45,157,355
- Net assets with donor restrictions
- $173,213
- Gross receipts
- $18,122,974
- Employees
- 188
- Volunteers
- 250
- Year formed
- 1996
- 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 | Other / benefits |
|---|---|---|---|---|
| RICHARD COREY | DIRECTOR OF FINANCE Officer | 40 | $178,894 | $33,887 |
| KEVIN MATHES | SUPERINTENDENT Officer | 40 | $174,209 | $26,241 |
| THOMAS HASSERT | UPPER ELEMENTARY & MIDDLE SCHOOL PRINCIPAL Highest-paid employee | 40 | $111,094 | $26,693 |
| CHRISTOPHER RIVERA | DEAN OF STUDENTS Highest-paid employee | 40 | $103,568 | $28,066 |
| BRUCE DIAL | HIGH SCHOOL PRINCIPAL Highest-paid employee | 40 | $104,262 | $10,960 |
| WILLIAM DANNY COX | PRESIDENT (07/01/2024-01/31/2025) Trustee or director, Officer | 10 | $0 | $0 |
| BOBBY MURRAY | VICE PRESIDENT Trustee or director, Officer | 8 | $0 | $0 |
| GEORGE FLYTHE | PRESIDENT (02/01/2025-CURRENT) Trustee or director, Officer | 8 | $0 | $0 |
| RAY KIRK | TREASURER Trustee or director, Officer | 8 | $0 | $0 |
| ADRIAN ARBELAEZ | MEMBER Trustee or director | 4 | $0 | $0 |
| MIKE GARRETT | MEMBER Trustee or director | 4 | $0 | $0 |
| KEN MARTIN | MEMBER Trustee or director | 4 | $0 | $0 |
| STEVE MCKINION | MEMBER Trustee or director | 4 | $0 | $0 |
| DR BILL PARSONS | MEMBER Trustee or director | 4 | $0 | $0 |
| JAY STOTT | MEMBER Trustee or director | 4 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ADAM YOUNG | SECRETARY (02/01/2025-CURRENT) Trustee or director, Officer | 4 | $0 |
| SCOTT FOSTER | MEMBER Trustee or director | 4 | $0 |
| CRAIG JONKERS | MEMBER Trustee or director | 4 | $0 |
| MIKE POWERS | MEMBER Trustee or director | 4 | $0 |
| JARED RICHARDS | MEMBER Trustee or director | 4 | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICHARD COREY | DIRECTOR OF FINANCE Officer | 40 | $167,789 | $31,960 |
| KEVIN MATHES | SUPERINTENDENT Officer | 40 | $161,089 | $24,906 |
| WILLIAM DANNY COX | PRESIDENT Trustee or director, Officer | 10 | $0 | $0 |
| BOBBY MURRAY | VICE PRESIDENT Trustee or director, Officer | 8 | $0 | $0 |
| GEORGE FLYTHE | SECRETARY Trustee or director, Officer | 8 | $0 | $0 |
| RAY KIRK | TREASURER Trustee or director, Officer | 8 | $0 | $0 |
| ADRIAN ARBELAEZ | MEMBER Trustee or director | 4 | $0 | $0 |
| MIKE GARRETT | MEMBER Trustee or director | 4 | $0 | $0 |
| KEN MARTIN | MEMBER Trustee or director | 4 | $0 | $0 |
| STEVE MCKINION | MEMBER Trustee or director | 4 | $0 | $0 |
| DR BILL PARSONS | MEMBER Trustee or director | 4 | $0 | $0 |
| JAY STOTT | MEMBER Trustee or director | 4 | $0 | $0 |
| ADAM YOUNG | MEMBER Trustee or director | 4 | $0 | $0 |
| SCOTT FOSTER | MEMBER Trustee or director | 4 | $0 | $0 |
| CRAIG JONKERS | MEMBER Trustee or director | 4 | $0 | $0 |
| MIKE POWERS | MEMBER Trustee or director | 4 | $0 | $0 |
| JARED RICHARDS | MEMBER Trustee or director | 4 | $0 | $0 |
990 for the year ended June 30, 2023: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KEVIN MATHES | SUPERINTENDENT Officer | 40 | $160,733 | $29,639 |
| RICHARD COREY | DIRECTOR OF FINANCE Officer | 40 | $150,907 | $37,432 |
| ADRIAN ARBELAEZ | MEMBER Trustee or director | 4 | $0 | $0 |
| BOBBY MURRAY | VICE PRESIDENT Trustee or director, Officer | 4 | $0 | $0 |
| CRAIG JONKERS | MEMBER Trustee or director | 4 | $0 | $0 |
| DR BILL PARSONS | MEMBER Trustee or director | 4 | $0 | $0 |
| JAY STOTT | MEMBER Trustee or director | 4 | $0 | $0 |
| KEN MARTIN | MEMBER Trustee or director | 6 | $0 | $0 |
| MIKE GARRETT | MEMBER Trustee or director | 4 | $0 | $0 |
| RAY KIRK | TREASURER Trustee or director, Officer | 8 | $0 | $0 |
| STEVE MCKINION | MEMBER Trustee or director | 4 | $0 | $0 |
| WILLIAM DANNY COX | PRESIDENT Trustee or director, Officer | 10 | $0 | $0 |
| GEORGE FLYTHE | SECRETARY Trustee or director, Officer | 8 | $0 | $0 |
| SCOTT FOSTER | MEMBER Trustee or director | 4 | $0 | $0 |
| ADAM YOUNG | MEMBER Trustee or director | 4 | $0 | $0 |
| MIKE POWERS | MEMBER Trustee or director | 4 | $0 | $0 |
| JARED RICHARD | MEMBER Trustee or director | 4 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 7300 PERRY CREEK RD, RALEIGH, NC 27616-6440
- Principal officer (990 for 2024)
- WILLIAM DANNY COX, 7300 PERRY CREEK ROAD, RALEIGH, NC 27616
- Signed the 990
- RICHARD COREY, DIRECTOR OF FINANCE
- Phone
- (919) 573-7945
- Website
- WWW.NRCAKNIGHTS.COM
- Return prepared by
- THOMAS JUDY & TUCKER PA
Mission
NRCA IS A COMMUNITY CHRISTIAN SCHOOL ASSISTING FAMILIES IN PROVIDING EXCELLENCE IN ACADEMICS, FINE ARTS, AND ATHLETICS WHILE INSTILLING BIBLICAL PRINCIPLES IN STUDENTS' LIVES THAT THEY MIGHT IMPACT THEIR SOCIETY FOR CHRIST.
Program accomplishments
- 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 SKILLS DEVELOPMENT) BUT HOW TO MAKE A LIFE (SPIRITUAL FORMATION AND WORLDVIEW ORIENTATION). IN ADDITION TO ACADEMICS, STUDENTS PARTICIPATE IN ATHLETICS, FINE ARTS (ART, CHOIR, DANCE, DRAMA, BAND), SOCIAL ACTIVITIES AND AFTERCARE.Expenses $14,773,060 · grants $174,640 · revenue $12,688,333
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
- 56-1975907
- 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
- 1998
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99Z)
- Assets (IRS master file)
- $52,668,700
- Income (IRS master file)
- $18,122,974
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $18,048,566 | $17,489,124 | $52,668,700 | XML |
| 990 | June 2024 | $18,950,710 | $16,719,848 | $54,609,540 | XML |
| 990 | June 2023 | $16,327,968 | $15,560,642 | $51,980,854 | XML |
| 990 | June 2022 | $15,888,714 | $14,426,526 | $50,620,236 | 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 56-1975907).
Questions about NORTH RALEIGH CHRISTIAN ACADEMY
- What is the EIN of NORTH RALEIGH CHRISTIAN ACADEMY?
- The employer identification number (EIN) of NORTH RALEIGH CHRISTIAN ACADEMY is 56-1975907.
- Is NORTH RALEIGH CHRISTIAN ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to NORTH RALEIGH CHRISTIAN ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NORTH RALEIGH CHRISTIAN ACADEMY 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 NORTH RALEIGH CHRISTIAN ACADEMY 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 NORTH RALEIGH CHRISTIAN ACADEMY 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 NORTH RALEIGH CHRISTIAN ACADEMY?
- The 990 for the year ended June 30, 2025 names WILLIAM DANNY COX.
- Who are the officers and directors of NORTH RALEIGH CHRISTIAN ACADEMY?
- The 990 for the year ended June 30, 2025 lists 20 people; 5 received compensation from the organization, the highest $178,894 (RICHARD COREY, DIRECTOR OF FINANCE).
- How much revenue does NORTH RALEIGH CHRISTIAN ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $18,048,566, expenses of $17,489,124 and total assets of $52,668,700 at year end.
Other nonprofits in RALEIGH
- NC STATE INVESTMENT FUND INC EIN 31-1607634 · last filed 990 for 2025
- NORTH CAROLINA STATE UNIVERSITY FOUNDATION INC EIN 56-6049503 · last filed 990 for 2025
- NORTH CAROLINA PARTNERSHIP FOR CHILDREN INC EIN 56-1850485 · last filed 990 for 2025
- MEREDITH COLLEGE EIN 56-0530242 · last filed 990 for 2025
- THALES ACADEMY EIN 20-8920342 · last filed 990 for 2025
- NC STUDENT AID ASSOCIATION INC EIN 56-0650623 · last filed 990 for 2025
- RAVENSCROFT SCHOOL INC EIN 56-6001583 · last filed 990 for 2025
- NC STATE ENGINEERING FOUNDATION INC EIN 56-6046987 · last filed 990 for 2025