North Carolina School of Science & Mathematics Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
North Carolina School of Science & Mathematics Foundation is a 501(c)(3) organization based in Durham, North Carolina, registered in 1979, with $11,188,433 in FY2024 revenue. CharityIndex grades it B.
1219 Broad St, Durham, NC, 27705 EIN 56-1250756 Since 1979
Revenue (FY2024)
$11.2M
▲ 85.8% vs prior year
Expenses (FY2024)
$11.0M
Net assets
$40.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for North Carolina School of Science & Mathematics Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating44 mo reserves · +1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For North Carolina School of Science & Mathematics Foundation: 44 mo reserves · +1% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for North Carolina School of Science & Mathematics Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For North Carolina School of Science & Mathematics Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1219 Broad St, Durham, NC, 27705
- City
- Durham
- State
- North Carolina
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $1.6M (FY2013) to $11.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.5MNet assets $40.6M
Operating margin
1.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$42.0M
Total liabilities
$1.5M
Net assets
$40.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $11,188,433▲85.8% | $11,030,224▲24.4% | $40,555,364▼3.8% | $42,046,496▼6.6% | 990 |
| 2023 | $6,020,658▲11.6% | $8,867,822▲38.8% | $42,161,945▼2.9% | $45,015,098▼0.2% | 990 |
| 2022 | $5,395,559▼46.8% | $6,388,458▲55.5% | $43,432,596▼3.4% | $45,098,697▼2.0% | 990 |
| 2021 | $10,150,965▲94.9% | $4,109,398▲0.4% | $44,976,135▲16.7% | $46,023,788▲14.5% | 990 |
| 2020 | $5,208,517▼57.1% | $4,091,584▲65.0% | $38,550,892▲19.2% | $40,185,597▲21.5% | 990 |
| 2019 | $12,144,009▲45.3% | $2,479,667▲9.2% | $32,337,835▲41.5% | $33,079,171▲41.6% | 990 |
| 2018 | $8,358,868▲122% | $2,269,867▲26.4% | $22,851,138▲42.4% | $23,368,850▲41.9% | 990 |
| 2017 | $3,767,835▲112% | $1,795,628▲16.7% | $16,043,845▲24.0% | $16,472,245▲25.8% | 990 |
| 2016 | $1,773,340▲43.6% | $1,538,221▲2.0% | $12,939,447▲11.1% | $13,098,179▲10.7% | 990 |
| 2015 | $1,234,541▼46.8% | $1,507,795▼5.7% | $11,642,376▼4.6% | $11,836,645▼4.6% | 990 |
| 2014 | $2,320,146▲46.7% | $1,599,744▲27.8% | $12,208,028▲13.6% | $12,402,759▲13.4% | 990 |
| 2013 | $1,581,144 | $1,251,688▲57.4% | $10,749,069▲13.7% | $10,932,724▲14.4% | 990 |
| 2012 | — | $795,040▼30.3% | $9,453,960▲12.1% | $9,553,755▲12.1% | 990 |
| 2011 | — | $1,140,304 | $8,436,279 | $8,524,528 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $9.5M total
92 grants to North Carolina School of Science & Mathematics Foundation totaling $9.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
Frequently asked questions
- Is North Carolina School of Science & Mathematics Foundation a legitimate nonprofit?
- Yes. North Carolina School of Science & Mathematics Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-1250756, based in Durham, North Carolina. Donations are tax-deductible.
- What is North Carolina School of Science & Mathematics Foundation's EIN?
- North Carolina School of Science & Mathematics Foundation's Employer Identification Number (EIN) is 56-1250756.
- How much revenue does North Carolina School of Science & Mathematics Foundation report?
- North Carolina School of Science & Mathematics Foundation reported $11,188,433 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does North Carolina School of Science & Mathematics Foundation have?
- CharityIndex grades North Carolina School of Science & Mathematics Foundation B, based on financial health (reserves and operating margin).
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Explore more
Data for North Carolina School of Science & Mathematics Foundation (EIN 56-1250756) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.