CSCharityScored
45

Socrates Academy Inc

Education · Rutherfordton, North Carolina

Po Box 86, Rutherfordton, NC 28139-0086

EIN: 201361228· Founded: Feb 2007· 19 years active· Filing Year: 2023

Annual Revenue

$9.3M

Total Expenses

$8.6M

Total Assets

$9.0M

Program Spending

2%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$134K

1.6% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$4.6M

Total Payroll

$4.7M

55% of total expenses

Where the Money Goes

2%
Programs: 2%
Payroll: 55%
Other overhead: 98%
Program Revenue$182K (2%)
Total Expenses$8.6M (92%)
Payroll$4.7M (55%)
Overhead (non-program)98%

Trust Score Breakdown

Program Spending Ratio

2% of expenses go to programs

40%

Revenue & Stability

$9.3M annual revenue

15%

Executive Compensation

$134K total officer comp (1.6% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$9.0M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.