Alpha Academy INC

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

5 people listed

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Operation of a public charter school.

Operated a public charter school in Fayetteville, NC serving approximately 966 students for the fiscal year ended June 30, 2025.

Revenue model: Earned-program. 86% of the money available for current operations came from fees and other program revenue.
Distribution model: Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

SUPPORTED - The filed numbers largely add up and most voting board members are independent. Liabilities are high compared with assets.

Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
Pay-setting controls: Limited
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
Governance controls: 7 of 7 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Operating margin: 10.3%; rating input score 68; 68th percentile among comparable filings
Total-asset coverage ratio: 2.16; rating input score 64; 64th percentile among comparable filings
Liabilities to assets ratio: 0.36; rating input score 41; 41st percentile among comparable filings
Officer compensation ratio: 0%; rating input score 96; 96th percentile among comparable filings

Program expense growth: 11.8% per year; rating input score 100; 76th percentile among comparable filings
Revenue growth: 11.7% per year; rating input score 100; 79th percentile among comparable filings
Asset growth: 10.7% per year; rating input score 100; 68th percentile among comparable filings

Where the money goes: 63% of revenue deployed · 70.3% of spending went to programs
Governance: 5 of 5 board members independent · 7 of 7 filing controls reported
Programs: 1 filed program accomplishment · $7.8M in reported program spending
Leadership: top reported pay $0 · 5 people listed
Consistency: 24 of 24 current checks pass
Schedules: 4 filed schedules
Filing history: 14 filing years from 2011 to 2024
Contacts: How to reach this organization
Money network: Resolved incoming and outgoing counterparties from filed money flows.
Related organizations: Filed and resolved organization relationships.
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.
Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Signals prioritize questions for review. They are not findings of misconduct.