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East Wake First Charter School

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 562076997 ✦ Zebulon, NC ✦ Designated as a 501(c)(3)

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Overview

What is East Wake First Charter School?

East Wake First Charter School, also known as East Wake Academy, is a charter institution committed to fostering academic citizenship. Based on their description, they prioritize building connections with parents, businesses, and civic partners. Their primary mission revolves around operating a public charter school, where they aim to create a conducive learning environment, possibly through the support and collaboration of their partnerships.


Official website here: www.eastwakeacademy.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 81% - Three-Star out of Four Star rating

East Wake First Charter School has received a Three-Star rating from Charity Navigator, indicating a strong performance primarily in the area of accountability and finance. This score reflects the organization's commitment to transparency and good governance, with an independent board consisting of 100% independent members and comprehensive financial oversight.

The school excels in its financial management, with a program expense ratio of 80.44%, which suggests that the majority of its funds are directed towards its educational programs. Additionally, the organization has robust policies in place, including conflict of interest and whistleblower policies, which further enhance its accountability.

While the overall score is commendable, it is important to note that the rating is solely based on the accountability and finance beacon. This means that other aspects of the organization, such as program outcomes and community impact, were not taken into consideration for the rating. Nonetheless, the strong financial practices and governance structures suggest a responsible stewardship of resources.


This AI summary has been generated from information found on Charity Navigator.

Is East Wake First Charter School legitimate?

East Wake First Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Wake First Charter School submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $247,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,534,127

For more financial information, click here


Official website here: www.eastwakeacademy.org

What is the mission statement of East Wake First Charter School?

East Wake First Charter School, also known as East Wake Academy, is committed to fostering academic citizenship by building strong connections with parents, businesses, and civic partners. Their mission is centered around instilling essential values through these relationships. By engaging with various stakeholders, the school aims to create an environment that supports and encourages academic growth and development. This dedication to relationship-building sets the stage for a well-rounded educational experience.


Official website here: www.eastwakeacademy.org

Who is the CEO of East Wake First Charter School?

John Broadfoot is the Chairman of East Wake First Charter School.


Official website here: www.eastwakeacademy.org

What is the revenue of East Wake First Charter School?

East Wake First Charter School's revenue in 2022 was $12,517,626.


Official website here: www.eastwakeacademy.org

Who are the executives of East Wake First Charter School and what are their salaries?

The average compensation at East Wake First Charter School during 2022 was $32,117. There are 180 employees and 7 volunteers at East Wake First Charter School.


Here are 8 key members and their salaries:


John Broadfoot (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Landrum (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Hall (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Williams (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Collier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Tarlton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Dupree (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Gay (Superintende)
  • Compensation: $89,020
  • Related: $0
  • Other: $0


Official website here: www.eastwakeacademy.org

Where can I find the form 990 for East Wake First Charter School?

East Wake First Charter School's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.eastwakeacademy.org

Learn more at the official website: www.eastwakeacademy.org

Mission Statement of East Wake First Charter School

East Wake First Charter School DBA East Wake Academy is a dedicated institution, committing itself to the values of academic citizenship. Through intentional relationships with parents, businesses, and civic partners, the school fosters an environment that goes beyond the classroom.

The mission of East Wake First Charter School is to build strong connections. By engaging parents as active participants in their child's education, the school strengthens the foundation for academic success. Furthermore, the school forges alliances with businesses and civic organizations, providing resources and opportunities that enrich the learning experience. This collaborative approach aims to instill in students not only a strong academic foundation but also a sense of community responsibility and engagement.

East Wake First Charter School's commitment to academic citizenship extends beyond the classroom. By fostering relationships with businesses and civic partners, the school prepares students for their future roles as contributing members of society. These partnerships provide valuable opportunities for students to learn essential skills, gain real-world experiences, and explore potential career paths. In this way, East Wake First Charter School empowers its students to become engaged citizens, ready to make a positive impact on their communities.

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Impact




October, 2024

East Wake First Charter School significantly impacts its community in Zebulon, NC, by fostering strong relationships among students, parents, businesses, and civic partners. This collaboration enhances the educational experience, promoting academic citizenship and engagement within the community. The school is committed to offering a supportive environment that encourages personal and academic growth, helping students develop essential skills for their future. By actively involving families and local organizations in the educational process, the school cultivates a sense of belonging and responsibility, which positively influences student achievement and community cohesion.




This information is meant to be a general summary of East Wake First Charter School. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$12,517,626 (2022)
Expenses
$10,948,291 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $178
  • Program Service Revenue: $11,421,994
  • Gross Receipts: $12,517,626

Assets and Liabilities:

  • Total Assets: $17,699,108
  • Total Liabilities: $29,616,922
  • Net Assets: -$11,917,814

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

STATE OF NC

Revenue

$7,925,683

COUNTY FUNDS

Revenue

$3,263,269

BEFORE & AFTER SCHOOL CARE

Revenue

$102,044

SCHOOL PROGRAMS & ACTIVITIES

Revenue

$58,905

FIELD TRIPS

Revenue

$38,311

Organization Details

Founding Year

1998

Principal Officer

John Broadfoot

Main Address

821 CHARTER SCHOOL WAY, ZEBULON, NC, 27597

NTEE Category

Code: B24 - Education

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