Nonprofit · EIN 88-2231192
ACADEMY31 INC
Tax-exempt · RALEIGH, NC 27612
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $598,127 | $409,558 | $188,569 | $371,600 | $9,516 | $362,084 |
| June 30, 2024 | 990 | $240,918 | $216,438 | $24,480 | $176,890 | $12,890 | $164,000 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $238,499
- Program service revenue
- $353,365
- Investment income
- $6,263
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $56,390
- Other salaries and wages
- $207,045
- Salaries, compensation and benefits (total)
- $285,750
- Professional fundraising fees
- $0
- Program services (functional)
- $409,558
Balance sheet and other
- Total assets, start of year
- $176,890
- Total assets, end of year
- $371,600
- Total liabilities, end of year
- $9,516
- Net assets, end of year
- $362,084
- Net assets without donor restrictions
- $362,084
- Gross receipts
- $598,127
- Employees
- 7
- Volunteers
- 3
- Year formed
- 2022
- 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 |
|---|---|---|---|
| Kimberly Wilson | President Trustee or director, Officer | 60 | $53,645 |
| Gary Johnson | Treasurer Trustee or director, Officer | 0 | $2,280 |
| Sherry Fowler | Secretary Trustee or director, Officer | 0 | $0 |
| Jane Zempel | Director Trustee or director | 0 | $0 |
| Grant R Castleberry | Director Trustee or director | 0 | $0 |
| James Anthony III | Director Trustee or director | 0 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kimberly Wilson | President Trustee or director, Officer | 60 | $25,440 |
| Sherry Fowler | Secretary Trustee or director, Officer | 1 | $0 |
| Gary Johnson | Treasurer Trustee or director, Officer | 1 | $0 |
| Jane Zempel | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3504 EDWARDS MILL RD, RALEIGH, NC 27612-5363
- In care of
- % KIMBERLY WILSON
- Signed the 990
- KIMBERLY WILSON, President
- Phone
- (919) 977-8920
- Return prepared by
- Arcadia Financial Services LLC
Mission
Academy31 is an all-female private Christian middle and high school located in Raleigh, dedicated to providing an unparalleled experience in education and discipleship in biblical womanhood. Our mission is to serve families by delivering a high-quality, truth-based education.
Program accomplishments
- Academy31 is an all-female private Christian middle and high school located in Raleigh, dedicated to providing an unparalleled experience in education and discipleship in biblical womanhood. Our mission is to serve families by delivering a high-quality, truth-based education within a dedicated community of mentors and peers. We utilize a Targeted Learning Model designed to develop true wisdom for life, maintaining a maximum class size of 15 students to ensure personalized instruction. Our primary objective is to equip our students with academic excellence and spiritual maturity, fostering student outcomes that reflectThe organization operates an all-female Christian middle and high school in North Carolina with a mission of traning yo Godly young women of character and competence. The organization provides a high-quality, truth based education in the context of a dedicated biblical discipleship community of mentors and peers with a maximum class size of 15 students.Expenses $409,558 · grants $238,499 · revenue $353,365
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
- 88-2231192
- 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
- 2022
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $371,600
- Income (IRS master file)
- $598,127
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $598,127 | $409,558 | $371,600 | IRS |
| 990 | June 2024 | $240,918 | $216,438 | $176,890 | XML |
| 990 | June 2023 | $312,640 | $26,733 | $279,536 | 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 88-2231192).
Questions about ACADEMY31 INC
- What is the EIN of ACADEMY31 INC?
- The employer identification number (EIN) of ACADEMY31 INC is 88-2231192.
- Is ACADEMY31 INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to ACADEMY31 INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ACADEMY31 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 ACADEMY31 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 ACADEMY31 INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who are the officers and directors of ACADEMY31 INC?
- The 990 for the year ended June 30, 2025 lists 6 people; 2 received compensation from the organization, the highest $53,645 (Kimberly Wilson, President).
- How much revenue does ACADEMY31 INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $598,127, expenses of $409,558 and total assets of $371,600 at year end.
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