BEducationEIN: 813748488· Ruling Year: 2020

Wake Preparatory Academy

Wake Forest, North Carolina

FHealth Score
19F

Financial Health Score

Provisional

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

Critical

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org-0.09×
Peer Median9.48×
💰
$18.2M
Total Revenue
📊
$20.0M
Total Expenses
🏦
-$1.8M
Net Assets
📋
$47.2M
Total Liabilities

Financial Health Indicators

Net Margin
-10.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.09
Net assets divided by total expenses
Liabilities-to-Assets
104.0%
Total liabilities as % of total assets

Filing History

1 filings on record
YearRevenueExpensesAssets
2023$18,153,112$19,972,837$45,359,098

Frequently Asked Questions

What does Wake Preparatory Academy do?

Wake Preparatory Academy is a education nonprofit organization based in North Carolina. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Wake Preparatory Academy financially healthy?

Based on our 9-metric Financial Health Score model, Wake Preparatory Academy has a score of 19/100 (Grade: F). 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 Wake Preparatory Academy generate?

Wake Preparatory Academy reports $30.6M in annual revenue and holds $41.4M in total assets, based on IRS filings.

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Wake Preparatory Academy — Wake Forest, NC | GiveScope