2026-01-30T07:22:55-06:00 2025-06-30 561965804 THOMAS JUDY & TUCKER PA 404 HUNT STREET SUITE 100 DURHAM NC 27701 990 2024-07-01 561975907 NORTH RALEIGH CHRISTIAN ACADEMY INC NORT 9195737945 7300 PERRY CREEK ROAD RALEIGH NC 27616 RICHARD COREY DIRECTOR OF FINANCE 9195737945 2026-01-30 1 0 KRISTEN HOYLE CPA P00118964 9195717055 2026-01-26 2024 2025-03-06 01:10:19Z WILLIAM DANNY COX 7300 PERRY CREEK ROAD RALEIGH NC 27616 18122974 0 X WWW.NRCAKNIGHTS.COM X 1996 NC NRCA IS A COMMUNITY CHRISTIAN SCHOOL ASSISTING FAMILIES BY PROVIDING EXCELLENCE IN ACADEMICS, FINE ARTS, AND ATHLETICS WHILE INSTILLING BIBLICAL PRINCIPLES IN STUDENTS' LIVES THAT THEY MIGHT IMPACT THEIR SOCIETY FOR CHRIST. 14 11 188 250 0 0 2116653 360761 15969102 17037819 534369 395058 330586 254928 18950710 18048566 278008 174640 0 0 9801917 10569403 30000 34000 34000 6609923 6711081 16719848 17489124 2230862 559442 54609540 52668700 9838414 7338132 44771126 45330568 X NRCA IS A COMMUNITY CHRISTIAN SCHOOL ASSISTING FAMILIES IN PROVIDING EXCELLENCE IN ACADEMICS, FINE ARTS, AND ATHLETICS WHILE INSTILLING BIBLICAL PRINCIPLES IN STUDENTS' LIVES THAT THEY MIGHT IMPACT THEIR SOCIETY FOR CHRIST. 0 0 14773060 174640 12688333 NRCA IS A LEARNING INSTITUTION FOR THOSE SEEKING A CHRIST-CENTERED PLACE OF EXCELLENCE IN ACADEMICS, FINE ARTS AND ATHLETICS. THE LOVING AND CARING ENVIRONMENT NURTURES STUDENTS IN SPIRITUAL AND ACADEMIC DISCIPLINES SO THEY CAN LAUNCH INTO ADULT LIFE EQUIPPED WITH GODLY CHARACTER, ACADEMIC PREPAREDNESS AND LIFE SKILLS. OUR EXPECTED STUDENT OUTCOMES OF SPIRITUAL FORMATION, WORLDVIEW ORIENTATION, ACADEMIC THINKING, AND SKILLS DEVELOPMENT ARE INTEGRATED TO FULFILL THE SPIRITUAL AND ACADEMIC GOALS OF NRCA. OUR MISSION IS NOT ONLY TO TEACH STUDENTS HOW TO MAKE A LIVING (ACADEMIC THINKING AND SKILLS DEVELOPMENT) BUT HOW TO MAKE A LIFE (SPIRITUAL FORMATION AND WORLDVIEW ORIENTATION). IN ADDITION TO ACADEMICS, STUDENTS PARTICIPATE IN ATHLETICS, FINE ARTS (ART, CHOIR, DANCE, DRAMA, BAND), SOCIAL ACTIVITIES AND AFTERCARE. 14773060 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 61 0 188 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 11 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X RICHARD H COREY 9195737945 7300 PERRY CREEK ROAD RALEIGH NC 27616 WILLIAM DANNY COX PRESIDENT (07/01/2024-01/31/2025) 10.00 X X 0 0 0 BOBBY MURRAY VICE PRESIDENT 8.00 X X 0 0 0 GEORGE FLYTHE PRESIDENT (02/01/2025-CURRENT) 8.00 X X 0 0 0 RAY KIRK TREASURER 8.00 X X 0 0 0 ADRIAN ARBELAEZ MEMBER 4.00 X 0 0 0 MIKE GARRETT MEMBER 4.00 X 0 0 0 KEN MARTIN MEMBER 4.00 X 0 0 0 STEVE MCKINION MEMBER 4.00 X 0 0 0 DR BILL PARSONS MEMBER 4.00 X 0 0 0 JAY STOTT MEMBER 4.00 X 0 0 0 ADAM YOUNG SECRETARY (02/01/2025-CURRENT) 4.00 X X 0 0 0 SCOTT FOSTER MEMBER 4.00 X 0 0 0 CRAIG JONKERS MEMBER 4.00 X 0 0 0 MIKE POWERS MEMBER 4.00 X 0 0 0 JARED RICHARDS MEMBER 4.00 X 0 0 0 KEVIN MATHES SUPERINTENDENT 40.00 X 174209 0 26241 RICHARD COREY DIRECTOR OF FINANCE 40.00 X 178894 0 33887 THOMAS HASSERT UPPER ELEMENTARY & MIDDLE SCHOOL PRINCIPAL 40.00 X 111094 0 26693 BRUCE DIAL HIGH SCHOOL PRINCIPAL 40.00 X 104262 0 10960 CHRISTOPHER RIVERA DEAN OF STUDENTS 40.00 X 103568 0 28066 672027 0 125847 5 0 1 0 0 16992 343769 360761 TUITION AND FEES REVENUE 611710 15771047 15771047 LUNCH REVENUE 611710 522370 522370 STUDENT ACTIVITIES 611710 417563 417563 AUXILIARY DESIGNATED PROGRAM RECE 611710 326839 326839 17037819 395058 395058 206216 0 206216 206216 206216 123120 16992 74408 48712 48712 18048566 17037819 0 649986 174640 174640 424587 342269 82318 7972776 6427033 1545743 349988 282133 67855 1233624 994452 239172 588428 474345 114083 19282 15134 4148 30700 24095 6605 34000 34000 310040 243337 66703 17139 13452 3687 11307 8874 2433 215307 168986 46321 671833 591336 80497 33563 30960 2603 2408393 2200324 208069 164207 150972 13235 BUILDING MAINTENANCE 1329939 1215041 114898 STUDENT ACTIVITIES 435795 414582 21213 CAFETERIA 382722 382722 BOOKS 274991 273675 1316 405863 344698 61165 17489124 14773060 2682064 34000 2588 1598 20920259 16135159 1072085 8708 313223 268555 68652584 32566932 32102354 36085652 199031 169028 54609540 52668700 1180433 1380354 8180213 5514242 477768 443536 9838414 7338132 X 44593483 45157355 177643 173213 44771126 45330568 54609540 52668700 559442 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2785621 2785621 48163827 21974725 26189102 6663476 3507330 3156146 10203188 6483706 3719482 836472 601171 235301 36085652 ACCRUED PAYROLL TAXES 53597 DEPOSITS 263080 COMPENSATED ABSENCES 63337 SELF INSURED HEALTH INSURANCE 63522 443536 X 17839926 0 17839926 208640 208640 18048566 17280484 0 17280484 208640 208640 17489124 PART X, LINE 2: THE ACADEMY IS EXEMPT FROM INCOME TAXES AS A NOT-FOR-PROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ACADEMY AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ACADEMY HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ACADEMY, AND HAS CONCLUDED THAT AS OF JUNE 30, 2025, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ACADEMY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID/TUITION ASSITANCE 174,640. FUNDRAISING EXPENSE 34,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID/ TUITION ASSSITANCE 174,640. FUNDRAISING EXPENSE 34,000. 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NORTH RALEIGH CHRISTIAN ACADEMY DISPLAYED A PUBLIC NOTICE OF NONDISCRIMINATORY POLICY AS TO STUDENTS IN A LOCAL RALEIGH NEWSPAPER, ON THE NRCA WEBSITE, AS WELL AS LOCAL RADIO. SCHEDULE E, PART I, LINE 4 NRCA DOES HAVE RECORDS OF OUR SCHOLARSHIPS AND FINANCIAL AID AWARDED TO FAMILIES BUT DOES NOT TRACK ANY RACIAL INFORMATION RELATED TO THE FAMILIES. ALL FINANCIAL AID IS AWARDED ON FINANCIAL NEED AS DETERMINED BY FACTS MANAGEMENT (A THIRD PARTY SERVICE). X X X X 0 BOOSTERTHON 7300 PERRY CREEK RD RALEIGH NC 27616 FUN & COLOR RUN 0 176814 34000 142774 176814 34000 142774 GOLF AND TENNIS CLASSIC 67527 67527 10395 5875 142 2403 67527 67527 10395 5875 142 2403 18815 48712 0 FINANCIAL AID/ TUITION ASSITANCE 96 174640 FMV TUITION ASSISTANCE TO FAMILIES IN NEED BASED ON FACTS X 1 1 X X 0 0 0 0 0 0 0 0 0 RICHARD COREY DIRECTOR OF FINANCE 178894 0 0 0 0 0 17699 0 16188 0 212781 0 0 0 KEVIN MATHES SUPERINTENDENT 174209 0 0 0 0 0 17201 0 9040 0 200450 0 0 0 PART I, LINE 3 ALL SALARY LEVELS ARE SET BY THE SUPERINTENDENT AND APPROVED BY THE BOARD PRESIDENT. ANNUALLY A SALARY INCREASE IS SET FOR ALL EMPLOYEES AND APPLIED TO ALL EMPLOYEES. WILLIAM DANNY COX BOARD PRESIDENT FROM 07/01/2024-01/31/2025 379889 WILLIAM DANNY COX IS A 5% OWNER OF GRASSMASTERS, WHICH PERFORMED LANDSCAPE MAINTENANCE FOR NORTH RALEIGH CHRISTIAN ACADEMY, INC. DURING THE FISCAL YEAR. 0 JOY MATHES MARRIED TO KEVIN MATHES (KEY EMPLOYEE) 103228 REGULAR COMPENSATION 0 GINGER MCKINION MARRIED TO STEVE MCKINION (BOARD MEMBER) 22314 REGULAR COMPENSATION 0 NICOLE FOSTER MARRIED TO GEORGE FOSTER (BOARD MEMBER) 58371 REGULAR COMPENSATION 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE IS MONITORED BY ENSURING ANY POTENTIAL CONFLICTS OF INTEREST ARE DOCUMENTED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 ALL SALARY LEVELS ARE SET BY THE SUPERINTENDENT AND APPROVED BY THE BOARD PRESIDENT. ANNUALLY A SALARY INCREASE IS SET FOR ALL EMPLOYEES AND APPLIED TO ALL EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ACADEMY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 PART XII LN 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.