Lead Academy
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO PREPARE ALL STUDENTS, PARTICULARLY THOSE WHO HAVE NOT BEEN SUCCESSFUL IN TRADITIONAL SCHOOL ENVIRONMENTS, FOR LIFE-LONG SUCCESS THROUGH A STRUCTURED, CARING ENVIRONMENT OF HIGH ACADEMIC EXPECTATIONS; TO EDUCATE SERVANT LEADERS THROUGH A COMMITMENT TO DEVELOP EACH STUDENT IN SEVEN KEY AREAS: LEADERSHIP, SCHOLARSHIP, CHARACTER, TEAMWORK, CREATIVITY, COMMUNITY ENGAGEMENT AND IDENTITY.
- Income
- $6.0 million
- Spending
- $5.9 million
- Spent on programs
- 69%
- Reserves
- -25.9 months of spending
- Largest source of income
- government grants, 93%
- Employees
- 70
- Volunteers
- 0
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 44 out of 100. Higher than 20% of charities in its peer group (education, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
2 of 20It owes 94% of what it owns.
Living within its means
12 of 15Income exceeded spending by 2% of income.
Income trend
15 of 15Income rose 5% on the year before.
Spending floor
15 of 1569% of spending went to programs and raising each dollar of donations cost 7 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 74 out of 100. Higher than 30% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 259 of 9 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $4.0 million spent. SEE SCHEDULE OLEAD ACADEMY IS COMMITTED TO DEVELOPING WELL-ROUNDED STUDENT LEADERS THROUGH RIGOROUS ACADEMICS, CHARACTER DEVELOPMENT, AND EXPERIENTIAL LEARNING. ROOTED IN OUR CORE VALUES, BE NICE. WORK HARD. SERVE WELL. HAVE FUN., WE CULTIVATE STUDENTS WHO EMBODY OUR HABITS OF LEADERSHIP: EMPATHY, PERSEVERANCE, INTEGRITY, AND CURIOSITY (EPIC). THROUGH ACTIVE, ENGAGING LEARNING EXPERIENCES, STUDENTS BUILD COMMUNICATION, CRITICAL THINKING, RESILIENCE, AND COLLABORATION SKILLS WHILE LEARNING TO POSITIVELY IMPACT THEIR COMMUNITY. LEAD ACADEMY SERVES STUDENTS IN KINDERGARTEN THROUGH 8TH GRADE AND WELCOMES LEARNERS OF ALL ACADEMIC LEVELS, INCLUDING SPECIAL EDUCATION AND GIFTED AND TALENTED STUDENTS. OUR INTENTIONALLY SMALL SCHOOL ENVIRONMENT ALLOWS CARING ADULTS TO KNOW STUDENTS PERSONALLY AND SUPPORT THEIR INDIVIDUAL NEEDS.DURING THE PAST SCHOOL YEAR, LEAD ACADEMY EXPANDED STUDENT SUPPORT SERVICES BY LAUNCHING A NEW K-3 DEVELOPMENTAL DELAY CLASS SERVING STUDENTS WITH HIGH NEEDS AND A VARIETY OF DISABILITIES, CURRENTLY SUPPORTING FOUR STUDENTS. THE SCHOOL ALSO CONDUCTED MORE THAN 10 EVALUATIONS TO HELP ENSURE STUDENTS RECEIVED THE ACADEMIC AND BEHAVIORAL SUPPORT NECESSARY FOR SUCCESS ACROSS EDUCATIONAL SETTINGS. SERVICE LEARNING REMAINS A CORE PART OF THE LEAD EXPERIENCE, WITH STUDENTS COMPLETING 3,402 COMMUNITY SERVICE HOURS FOR APPROXIMATELY 196 LOCAL ORGANIZATIONS, INCLUDING GREENVILLE HUMANE SOCIETY, SOUTH CAROLINA CHILDREN'S THEATRE, HARVEST HOPE, CONESTEE NATURE PRESERVE, GREER RELIEF, AND RONALD MCDONALD HOUSE.STUDENTS ALSO PARTICIPATED IN A WIDE VARIETY OF ATHLETICS AND ENRICHMENT OPPORTUNITIES, INCLUDING CROSS COUNTRY, VOLLEYBALL, CHEERLEADING, BASKETBALL, BASEBALL, DRAMA CLUB, ROBOTICS CLUB, CHESS CLUB, LIBRARY CLUB, AND BLUSH, A MENTORING GROUP FOR 6TH-8TH GRADE GIRLS FOCUSED ON SELF-CONFIDENCE, SISTERHOOD, AND LEADERSHIP DEVELOPMENT. THIS YEAR, THE ROBOTICS TEAM EARNED MULTIPLE AWARDS AND ADVANCED TO REGIONALS, WHILE THE CHESS CLUB BROUGHT HOME MULTIPLE TROPHIES THROUGH COMPETITION PARTICIPATION. STUDENTS IN LIBRARY CLUB ALSO HELPED OPERATE THE SCHOOL LIBRARY DURING MORNING HOURS, DEVELOPING RESPONSIBILITY AND LEADERSHIP THROUGH SERVICE TO THE SCHOOL COMMUNITY. AS A TUITION-FREE PUBLIC CHARTER SCHOOL, LEAD ACADEMY PROUDLY PROVIDES FREE BREAKFAST, FREE LUNCH, AND FREE AFTER-SCHOOL CARE AND CLUBS FOR ALL STUDENTS.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2009.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.