Nonprofit · EIN 84-2705446
TELRA INSTITUTE
Tax-exempt · CHARLOTTE, NC 28270
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $7,389,146 | $6,796,086 | $593,060 | $737,646 | $66,992 | $670,654 |
| June 30, 2024 | 990 | $5,949,976 | $6,285,270 | -$335,294 | $126,974 | $49,448 | $77,526 |
| June 30, 2023 | 990 | $5,108,323 | $6,049,854 | -$941,531 | $19,725,479 | $22,380,481 | -$2,655,002 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $139,252
- of which government grants
- $129,596
- Program service revenue
- $7,249,894
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $3,277,271
- Salaries, compensation and benefits (total)
- $3,754,962
- Professional fundraising fees
- $0
- Legal fees
- $4,129
- Accounting fees
- $7,988
- Occupancy
- $1,765,970
- Depreciation
- $22,645
- Program services (functional)
- $5,786,070
- Management and general (functional)
- $1,010,016
Balance sheet and other
- Total assets, start of year
- $126,974
- Total assets, end of year
- $737,646
- Total liabilities, end of year
- $66,992
- Net assets, end of year
- $670,654
- Land, buildings and equipment
- $531,942
- Net assets without donor restrictions
- $670,654
- Gross receipts
- $7,389,146
- Employees
- 114
- Year formed
- 2019
- 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 |
|---|---|---|---|---|
| Ronak Bhatt | Chancellor Key employee | 60 | $40,821 | $81,642 |
| Dr Michael Matthews | Chairperson Trustee or director, Officer | 2 | $0 | $0 |
| George Baldwin | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| James Tietjen | Board Member Trustee or director, Officer | 2 | $0 | $0 |
| Dr Erin FitzPatrick | Board Member Trustee or director, Officer | 2 | $0 | $0 |
| Dr Eric Gamble | Board Member Trustee or director, Officer | 2 | $0 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ronak Bhatt | Chancellor Key employee | 60 | $21,073 |
| Dr Michael Matthews | Chairperson Trustee or director, Officer | 2 | $0 |
| Mr George Baldwin | Treasurer Trustee or director, Officer | 2 | $0 |
| Dr Erin FitzPatrick | Director Trustee or director | 2 | $0 |
| Dr Eric Gamble | Director Trustee or director | 2 | $0 |
| Mr James Tietjen | Director Trustee or director | 2 | $0 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RONAK BHATT | CHANCELLOR Officer | 60 | $32,050 | $73,333 |
| GEORGE BALDWIN | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| DR ERIN FITZPATRICK | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DR ERIC M GAMBLE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DR MICHAEL MATHEWS | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JAMES TIETJEN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4150 MCKEE RD, CHARLOTTE, NC 28270-1258
- In care of
- % RONAK BHATT
- Principal officer (990 for 2024)
- Ronak Bhatt, 4150 McKee Rd, Charlotte, NC 28270
- Signed the 990
- Ronak Bhatt, Chancellor
- Phone
- (704) 727-2530
- Website
- telra.org
- 990-N for 2020 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Ronak Bhatt, 5803 Summerston Pl, Charlotte NC 28277. Mailing address: 5803 Summerston Pl, Charlotte NC 28277.
- Return prepared by
- Rebekah Barr CPA PC
Mission
To nourish the minds and bodies of students with a rigorous, differentiated educational environment that cultivates teh intellectual, academic, social and emotional skills of students.
Program accomplishments
- Operated as a charter school serving approximately 633 students during the fiscal year end June 30, 2025.Expenses $5,786,070
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
- 84-2705446
- 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
- 2020
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $737,646
- Income (IRS master file)
- $7,389,146
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $7,389,146 | $6,796,086 | $737,646 | IRS |
| 990 | June 2024 | $5,949,976 | $6,285,270 | $126,974 | IRS |
| 990 | June 2023 | $5,108,323 | $6,049,854 | $19,725,479 | XML |
| 990 | June 2022 | $3,129,190 | $4,015,138 | $15,592,635 | IRS |
| 990-N for 2020 Officer: Ronak Bhatt Filed under this EIN, most likely by a chapter or affiliate | June 30, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Ronak Bhatt Filed under this EIN, most likely by a chapter or affiliate | June 30, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
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 84-2705446).
Questions about TELRA INSTITUTE
- What is the EIN of TELRA INSTITUTE?
- The employer identification number (EIN) of TELRA INSTITUTE is 84-2705446.
- Is TELRA INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to TELRA INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TELRA INSTITUTE 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 TELRA INSTITUTE 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 TELRA INSTITUTE 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 TELRA INSTITUTE?
- The 990 for the year ended June 30, 2025 names Ronak Bhatt.
- Who are the officers and directors of TELRA INSTITUTE?
- The 990 for the year ended June 30, 2025 lists 6 people; 1 received compensation from the organization, the highest $40,821 (Ronak Bhatt, Chancellor).
- How much revenue does TELRA INSTITUTE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $7,389,146, expenses of $6,796,086 and total assets of $737,646 at year end.
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