Overview

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Est.

2020

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Wake Preparatory Academy is a nonprofit organization operating a public charter school in North Carolina, with a mission focused on providing quality education. For the fiscal year 2024, the organization has an operating budget of $25 million and total revenue of $25.5 million, with significant funding sources that include two unnamed contributors. Notably, Wake Preparatory Academy does not rely on a single funder for 50% or more of its revenue, ensuring a diversified funding base. For more information, visit their website at wakeprep.org.

Mission Statement

Operation of a North Carolina public charter school
Revenues
$25.5M
Expenses
$25M
Net Income:
+$582.8K
Assets
$43.5M
Liabilities
$44.7M
Net Assets:
-$1.2M
Operating Budget
$25M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$78
Largest grant received
$120
T
Tammy Alexander
Board Member
K
Kyle Shrauger
Board Member
R
Rev Larry Wilder
Board Member

Frequently Asked Questions

What is Wake Preparatory Academy’s budget?
In 2024, Wake Preparatory Academy reported an annual operating budget of around $25 million. More detailed financial information is available to registered users.
What causes does Wake Preparatory Academy support?
Wake Preparatory Academy supports work in Charter school education.
Where does Wake Preparatory Academy operate?
Wake Preparatory Academy is headquartered in Wake Forest, NC.
Who funded Wake Preparatory Academy recently?
In 2024, Wake Preparatory Academy received grants from EDWARD JONES FOUNDATION and AMERICAN TOWER CORPORATION FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant Wake Preparatory Academy received in 2024?
The largest grant to Wake Preparatory Academy in 2024 exceeds <$1,000.
What is Wake Preparatory Academy’s reliance on government grants?
Wake Preparatory Academy relied on government grants for less than 5% of their total revenue in 2024.