Thales Academy

Organization Overview

Thales Academy is located in Raleigh, NC. The organization was established in 2009. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Thales Academy employed 521 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thales Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Thales Academy generated $55.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 25.0% each year . All expenses for the organization totaled $27.3m during the year ending 06/2021. While expenses have increased by 13.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THALES ACADEMY IS AN INDEPENDENT SCHOOL SERVING STUDENTS FROM PRE-KINDERGARTEN TO TWELFTH GRADE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATED SCHOOL FACILITIES IN APEX, HOLLY SPRINGS, KNIGHTDALE, RALEIGH, ROLESVILLE, WAKE FOREST, AND WAXHAW, NORTH CAROLINA, FRANKLIN, TENNESSEE AND GLEN ALLEN, VIRGINIA. THESE SCHOOLS HAVE THE COMBINED CAPACITY TO TEACH 4,800 STUDENTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Harvest Construction Company
Construction
$1,031,372
Worrie Free Cleaning Services
Cleaning Services
$289,920
Andy Howard
Repair And Maintenance Services
$159,872
Crossroads Architecture
Architectural Services
$117,776
Youngsville Cabinet Company
Equipment And Renovation
$113,064
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$33,240,898
Noncash contributions included in lines 1a–1f $29,271,726
Total Revenue from Contributions, Gifts, Grants & Similar$33,240,898
Total Program Service Revenue$20,384,646
Investment income $861,747
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $883,597
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $55,473,682

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Thales Academy has recieved totaling $261,250.

Awarding OrganizationAmount
The Community Foundation Inc

Richmond, VA

PURPOSE: GENERAL PURPOSES

$175,000
The Community Foundation Inc

Richmond, VA

PURPOSE: GENERAL PURPOSES

$75,000
Tulsa Community Foundation

Tulsa, OK

PURPOSE: SCHOLARSHIP

$10,000
Lincoln Financial Foundation Inc

Radnor, PA

PURPOSE: MATCHING GIFT

$1,250
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
Bju Inc
Greenville, SC
$107,816,368
Ensworth School
Nashville, TN
$44,175,360
Freedom Preparatory Academy Inc
Memphis, TN
$33,295,008
Cannon School Inc
Concord, NC
$28,580,834
Thales Academy
Raleigh, NC
$55,473,682
Mt Paran Christian School Inc
Kennesaw, GA
$29,889,603
Franklin Road Academy Inc
Nashville, TN
$31,046,189
Brentwood Academy Inc
Brentwood, TN
$25,930,047
Lake Norman Charter School Inc
Huntersville, NC
$25,126,213
Greensboro Independent School Corporation
Greensboro, NC
$22,760,621
Trinity School Inc
Atlanta, GA
$25,058,941
Hammond School
Columbia, SC
$20,190,119

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