BEducationEIN: 264207236· Ruling Year: 2015

Wayne Preparatory Academycharter School Inc

Goldsboro, North Carolina

CHealth Score
40C

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Below Average

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.02×
Peer Median9.48×
💰
$10.7M
Total Revenue
📊
$11.4M
Total Expenses
🏦
$260K
Net Assets
📋
$18.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.9%
Year-over-year change (2022 → 2023)
Net Margin
-6.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.02
Net assets divided by total expenses
Liabilities-to-Assets
98.6%
Total liabilities as % of total assets

Filing History

9 filings on record
YearRevenueExpensesAssets
2023$10,693,4046%$11,357,3539%$18,770,5569%
2022$10,094,94921%$10,404,91024%$20,651,6621092%
2021$8,325,99514%$8,375,17724%$1,732,24212%
2020$7,283,99626%$6,741,87618%$1,541,60759%
2019$5,759,08134%$5,724,59139%$971,3079%
2018$4,310,3996%$4,127,5725%$888,47159%
2017$4,592,62931%$4,352,32028%$560,53188%
2016$6,694,09667%$6,048,31339%$298,078360%
2015$4,002,576$4,365,230$64,790

Frequently Asked Questions

What does Wayne Preparatory Academycharter School Inc do?

Wayne Preparatory Academycharter School Inc is a education nonprofit organization based in North Carolina. It is classified under NTEE code B20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Wayne Preparatory Academycharter School Inc financially healthy?

Based on our 9-metric Financial Health Score model, Wayne Preparatory Academycharter School Inc has a score of 40/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Wayne Preparatory Academycharter School Inc generate?

Wayne Preparatory Academycharter School Inc reports $10.3M in annual revenue and holds $17.0M in total assets, based on IRS filings.

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