North Carolina High School For Accelerated Learning Wake
EIN: 475158332 · Raleigh, NC · NTEE: B29
| Metric | Value |
|---|---|
| Total Revenue | $3.9M |
| Total Expenses | $3.1M |
| Net Assets | $84K |
Is North Carolina High School For Accelerated Learning Wake Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About North Carolina High School For Accelerated Learning Wake
North Carolina High School For Accelerated Learning Wake (EIN: 475158332) is a nonprofit organization based in Raleigh, NC, classified under NTEE code B29. The organization reported total revenue of $3.9M and total assets of $652K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Carolina High School For Accelerated Learning Wake's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Carolina High School For Accelerated Learning Wake is a mid-size nonprofit that has been operating for 10 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 11.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $3.1M |
| Surplus / Deficit | +$26K |
| Total Assets | $476K |
| Total Liabilities | $392K |
| Net Assets | $84K |
| Operating Margin | 0.8% |
| Debt-to-Asset Ratio | 82.3% |
| Months of Reserves | 1.8 months |
Financial Health Grade: B
In 2023, North Carolina High School For Accelerated Learning Wake reported a surplus of $26K with revenue exceeding expenses, holds 1.8 months of operating reserves (limited), has a debt-to-asset ratio of 82.3% (high leverage).
Financial Trends
Over 7 years of filings (2017–2023), North Carolina High School For Accelerated Learning Wake's revenue has grown at a compound annual growth rate (CAGR) of 11.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.1% | +1.0% | -38.3% |
| 2022 | +11.4% | +11.0% | +170.6% |
| 2021 | +11.5% | +12.0% | +31.5% |
| 2020 | +27.0% | +26.4% | +265.2% |
| 2019 | +12.9% | +12.6% | -31.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for North Carolina High School For Accelerated Learning Wake has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates North Carolina High School For Accelerated Learning Wake with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $26K, with revenue exceeding expenses.
- Debt-to-asset ratio: 82.3%.
Frequently Asked Questions about North Carolina High School For Accelerated Learning Wake
Is North Carolina High School For Accelerated Learning Wake a legitimate charity?
North Carolina High School For Accelerated Learning Wake (EIN: 475158332) is a registered tax-exempt nonprofit based in North Carolina. It has 7 years of IRS 990 filings on record. Total revenue: $3.9M. No red flags identified. Financial health grade: B.
How does North Carolina High School For Accelerated Learning Wake spend its money?
North Carolina High School For Accelerated Learning Wake reported $3.9M in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to North Carolina High School For Accelerated Learning Wake tax-deductible?
North Carolina High School For Accelerated Learning Wake is registered as a tax-exempt nonprofit (EIN: 475158332). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is North Carolina High School For Accelerated Learning Wake located?
North Carolina High School For Accelerated Learning Wake is headquartered in Raleigh, North Carolina and files with the IRS under EIN 475158332. It is classified under NTEE code B29.
How many years of IRS 990 filings does North Carolina High School For Accelerated Learning Wake have?
North Carolina High School For Accelerated Learning Wake has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.9M in total revenue.
Filing History
IRS 990 filing history for North Carolina High School For Accelerated Learning Wake showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), North Carolina High School For Accelerated Learning Wake's revenue has grown by 90.7%, moving from $1.7M to $3.2M. Total assets increased by 1363.2% over the same period, from $33K to $476K. Total functional expenses rose by 89.1%, from $1.7M to $3.1M. In its most recent filing year (2023), North Carolina High School For Accelerated Learning Wake reported a surplus of $26K, with revenue exceeding expenses. The organization holds $392K in liabilities against $476K in assets (debt-to-asset ratio: 82.3%), resulting in net assets of $84K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $3.1M | $476K | $392K | — | — |
| 2022 | $3.1M | $3.1M | $772K | $714K | — | View 990 |
| 2021 | $2.8M | $2.8M | $285K | $249K | — | — |
| 2020 | $2.5M | $2.5M | $217K | $191K | — | View 990 |
| 2019 | $2.0M | $2.0M | $59K | $53K | — | View 990 |
| 2018 | $1.8M | $1.8M | $87K | $87K | — | View 990 |
| 2017 | $1.7M | $1.7M | $33K | $33K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $3.1M, and assets of $476K (revenue +1.1% year-over-year).
- 2022: Revenue of $3.1M, expenses of $3.1M, and assets of $772K (revenue +11.4% year-over-year).
- 2021: Revenue of $2.8M, expenses of $2.8M, and assets of $285K (revenue +11.5% year-over-year).
- 2020: Revenue of $2.5M, expenses of $2.5M, and assets of $217K (revenue +27.0% year-over-year).
- 2019: Revenue of $2.0M, expenses of $2.0M, and assets of $59K (revenue +12.9% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.8M, and assets of $87K (revenue +5.8% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.7M, and assets of $33K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North Carolina High School For Accelerated Learning Wake:
Data Sources and Methodology
This transparency report for North Carolina High School For Accelerated Learning Wake is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.