Public Charity

NORTH CAROLINA CHARTER EDUCATIONAL FOUNDATION INC

Based in MOORESVILLE, NC, NORTH CAROLINA CHARTER EDUCATIONAL FOUNDATION INC operates as a Public Charity. The organization reported $53.7M in revenue, $47.3M in expenses, $66.9M in total assets for fiscal year 2025. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $29K.

EIN: 455348770 MOORESVILLE, NC Charter Schools NTEE: B29 Latest filing: 2025
Total Revenue$53.7M
Total Expenses$47.3M
Total Assets$66.9M
Grant Records3
Funding Total$29K
Filing Years2021–2025

Mission

NORTH CAROLINA CHARTER EDUCATIONAL FOUNDATION IS A NORTH CAROLINA NOT-FOR-PROFIT ENTITY ORGANIZED EXCLUSIVELY FOR EDUCATIONAL PURPOSES. THE FOUNDATION IS COMPRISED OF RESPECTED LEADERS IN THE STATE OF NORTH CAROLINA WHO ARE COMMITTED TO PROVIDING HIGH-QUALITY EDUCATIONAL OPTIONS FOR THE STUDENTS AND FAMILIES OF NORTH CAROLINA.

Where $100 goes at North Carolina Charter Educational Foundation Inc

How North Carolina Charter Educational Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$60 Programs the work itself
$40 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $60 for programs

$60
North Carolina Charter Educational Foundation operated four publicly funded charter schools in north carolina, providing education to approximately 3,660 students for the fiscal year ended june 30, 2025
All program spending · Reported in the filing: 3,660 students
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

VICE PRESIDENT Chad Metzler
PRESIDENT & TREASURER James Fonseca
SECRETARY Kelly Milligan
DIRECTOR Prashon Love
DIRECTOR Renee Jefferson
DIRECTOR Tom Kakadelis

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$28,711 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $53.7M $47.3M $66.9M
2024 $46.3M $45.7M $97.4M
2023 $40.2M $40.0M $97.5M
2022 $37.9M $37.8M $100.0M
2021 $35.0M $36.3M $93.4M

Between 2021 and 2025, reported annual revenue grew from $35.0M to $53.7M (+53%), with total assets most recently reported at $66.9M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for NORTH CAROLINA CHARTER EDUCATIONAL FOUNDATION INC

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