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SOCRATES ACADEMY INC

EIN 20-1361228 RUTHERFORDTON, NC

Largest nonprofits in North Carolina

Revenue 2024
$13,730,688
Expenses 2024
$11,938,747

Program services were 77.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
B29
Classification
2000
Street
PO BOX 86

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

46 other organizations in the IRS Business Master File list the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

Mission and programs · 2024

Mission

Operate a charter school.

  • Operate a public charter school.

    Expenses $9,201,891 · Revenue $13,730,688

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Lena Bakis

    Business Manager

    Total calculated
    $42,508
    From this org
    $42,508
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Vanessa Morgan

    Asst Business Mgr

    Total calculated
    $40,110
    From this org
    $40,110
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • John Couchell

    President

    Total calculated
    $0
    Hours/week
    2

  • Despina Koumantarous

    Treasurer

    Total calculated
    $0
    Hours/week
    2

  • Antonis Stylianou

    V President

    Total calculated
    $0
    Hours/week
    2

  • Zoi Philippakos

    Member

    Total calculated
    $0
    Hours/week
    2

  • Dr Premkumar Pugalenthi

    Member

    Total calculated
    $0
    Hours/week
    2

  • Klea Miho

    Member

    Total calculated
    $0
    Hours/week
    2

  • Vanessa Baker

    Principal

    Total calculated
    $102,373
    From this org
    $102,373
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Brenda Bilal

    Member

    Total calculated
    $0
    Hours/week
    2

  • Janis Dellinger-Holton

    Member

    Total calculated
    $0
    Hours/week
    2

  • Ryan Leak

    Secretary

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $13,730,688
    Expenses
    $11,938,747
    Contributions
    $11,692,773
    Grants paid
    $0
  • 2023
    Revenue
    $10,640,730
    Expenses
    $12,304,192
    Contributions
    $9,985,566
    Grants paid
    $1,500,000
  • 2022
    Revenue
    $9,329,665
    Expenses
    $8,606,495
    Contributions
    $8,748,157
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $8,884,634
    Expenses
    $7,493,020
    Assets (EOY)
    $5,671,073

  • 2020 · 990

    Revenue
    $7,974,700
    Expenses
    $6,690,430
    Assets (EOY)
    $4,819,836

  • 2019 · 990

    Revenue
    $6,940,900
    Expenses
    $7,026,557
    Assets (EOY)
    $3,971,311

  • 2011 · 990

    Revenue
    not reported
    Expenses
    $4,036,191
    Assets (EOY)
    $1,016,826

  • 2010 · 990

    Revenue
    not reported
    Expenses
    $3,325,926
    Assets (EOY)
    $1,115,558

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

  • Socrates Academy Foundation Inc

    $1,500,000

    2023 Supporting Org.

  • Socrates Academy Foundation Inc

    no cash amount reported

    2024 0

Where these grants went next →

Grants received

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.