B — EducationEIN: 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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