BEducationEIN: 900942554· Ruling Year: 2015

Wake Forest Charter Academy

Wake Forest, North Carolina

CHealth Score
44C

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)

This Org0.01×
Peer Median20.77×
💰
$7.2M
Total Revenue
📊
$7.2M
Total Expenses
🏦
$75K
Net Assets
📋
$746K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-3.9%
Year-over-year change (2021 → 2023)
Net Margin
-0.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.01
Net assets divided by total expenses
Liabilities-to-Assets
90.9%
Total liabilities as % of total assets

Filing History

8 filings on record
YearRevenueExpensesAssets
2023$7,204,7934%$7,227,4304%$820,47320%
2021$7,493,4575%$7,492,6985%$1,020,724237%
2020$7,145,5466%$7,138,5966%$302,47332%
2019$6,711,5956%$6,712,9216%$441,90972%
2018$6,356,98315%$6,352,77015%$256,21417%
2017$5,511,21917%$5,507,42217%$218,24330%
2016$4,699,14126%$4,690,87126%$311,38932%
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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