Wake Forest Charter Academy
Wake Forest, North Carolina
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 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
8 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $7,204,793↓4% | $7,227,430↓4% | $820,473↓20% | |
| 2021 | $7,493,457↑5% | $7,492,698↑5% | $1,020,724↑237% | — |
| 2020 | $7,145,546↑6% | $7,138,596↑6% | $302,473↓32% | — |
| 2019 | $6,711,595↑6% | $6,712,921↑6% | $441,909↑72% | — |
| 2018 | $6,356,983↑15% | $6,352,770↑15% | $256,214↑17% | — |
| 2017 | $5,511,219↑17% | $5,507,422↑17% | $218,243↓30% | — |
| 2016 | $4,699,141↑26% | $4,690,871↑26% | $311,389↑32% | — |
| 2015 | $3,721,084 | $3,709,637 | $235,634 | — |
Frequently Asked Questions
What does Wake Forest Charter Academy do?▼
Wake Forest Charter Academy is a education nonprofit organization based in North Carolina. It is classified under NTEE code B24 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Wake Forest Charter Academy financially healthy?▼
Based on our 9-metric Financial Health Score model, Wake Forest Charter Academy has a score of 44/100 (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 Wake Forest Charter Academy generate?▼
Wake Forest Charter Academy reports $8.7M in annual revenue and holds $1.5M in total assets, based on IRS filings.
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