Third Street Education Center
Legal name: Third Street Education Center Inc
Nonprofit profile at a glance
- EIN
- 263224953
- IRS 990 coverage
- 2018–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025, Form 990-N 2011
- Location
- Greenville, NC, USA
- Phone
- 2523642995
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Protestant
- Affiliation
- Christianity
Reported finances
- Revenue
- $1,475,184
- Expenses
- $1,353,510
- Assets
- $6,647,777
- Liabilities
- $59,141
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Zachery Temple (Executive Director)
- Robert Wynn (Executive Director)
Highest reported compensation
- Zachery Temple (Executive Director): $47,654 total reported compensation
- Robert Wynn (Executive Director): $21,300 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Third Street Education Center, Inc. endeavors to help with community transformation and to cultivate trusted community relationships so that residents of West Greenville will enjoy a safe, secure, and creative environment in which there will be less crime; strong families with active and invested fathers and mothers; community leaders who are developed and empowered; availability for ongoing educational opportunities; and partnerships with churches inside and outside the neighborhood along with other agencies and the city government.
What it reported doing in 2025
The organization operated Third Street Academy, a private Christian school for Pre-K to 8th grade boys which focuses on character development, spiritual formation, and high academic standards. The programs goal is to develop smart, intelligent young men who become loving fathers, committed husbands, and active leaders in the community.The organization also hosted various outreach events and community activities that promoted its mission and furthered its exempt purpose.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 92
- Accountability: 79
- Sustainability: 62
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.2%; rating input score 68
- Program expense ratio: 74.2%; rating input score 74
- Fundraising efficiency: $734.47 raised per $1 spent on fundraising; rating input score 96; 96th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 8.2%; rating input score 52; 52nd percentile among comparable filings
- Total-asset coverage ratio: 4.91; rating input score 84; 84th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 61; 61st percentile among comparable filings
- Officer compensation ratio: 5.1%; rating input score 50; 50th percentile among comparable filings
Growth
- Program expense growth: -4.1% per year; rating input score 0; 8th percentile among comparable filings
- Revenue growth: 1% per year; rating input score 100; 15th percentile among comparable filings
- Asset growth: 0.8% per year; rating input score 100; 18th percentile among comparable filings
Details
- What they do: Mission, programs, and operating context captured from the official website.
- Where the money goes: 68.2% of revenue deployed · 74.2% of spending went to programs
- Governance: 6 of 6 board members independent · 4 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1M in reported program spending
- Leadership: top reported pay $48K · 8 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 8 filing years from 2018 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 4 of 8 not reported.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Operating margin scored 52/100.
- Review — Sustainability: Officer compensation ratio scored 50/100.