Triangle Charter Education Association Inc.

Overview

Triangle Charter Education Association Inc. is a U.S. nonprofit organization that operates to provide educational services, specifically through Cardinal Charter Academy. The organization is headquartered in Cary, North Carolina.

Mission and Activities

The mission of Triangle Charter Education Association is focused on student-centered learning, providing a tuition-free public charter school education from kindergarten through eighth grade. This educational framework aims to enhance the learning experience for students residing in North Carolina.

Financial Overview

As a nonprofit, Triangle Charter Education Association manages significant financial resources. Recent financial data indicates that the organization's revenue can exceed $18 million annually, with expenses similarly substantial at around $18.7 million. The total assets and liabilities also reflect a considerable operational scale, with assets valued at approximately $34.5 million and liabilities at about $38.7 million.

Ratings and Compliance

Triangle Charter Education Association Inc. has been rated by Charity Navigator, receiving a 2 out of 4-star rating. This evaluation reflects its financial health, accountability, and transparency as a nonprofit organization. The association is expected to adhere to financial reporting standards relevant to its size and revenue.

Education Delivery

The main vehicle for delivering educational services is Cardinal Charter Academy, a tuition-free public charter school. It offers educational programs to students from kindergarten through eighth grade, emphasizing student-centered learning environments. This approach is designed to provide a comprehensive and supportive educational experience for its students.

Role in the Community

Given its focus on providing accessible education, Triangle Charter Education Association plays a significant role in North Carolina's educational landscape. By operating a public charter school, it offers an alternative educational pathway that can cater to diverse learning needs within the community.