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Wake Monarch

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

EIN: 832148694 ✦ Fuquay varina, NC ✦ Designated as a 501(c)(3)

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Overview

What is Wake Monarch?

Wake Monarch is a nonprofit organization with a mission to combat substance abuse among youth. Their primary objective is to establish programs and safe spaces that promote the prevention, reduction, and recovery from substance abuse issues among young individuals. By offering these initiatives, Wake Monarch strives to assist youth in overcoming their substance abuse struggles, ultimately contributing to their overall well-being and future success.


Official website here: www.wakemonarchacademy.org

Is Wake Monarch legitimate?

Wake Monarch is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wake Monarch submitted a form 990EZ, 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: $82,465
Professional Fundraising Fees: $0
Other Salaries and Wages: $109,646

For more financial information, click here


Official website here: www.wakemonarchacademy.org

What is the mission statement of Wake Monarch?

Wake Monarch is dedicated to establishing initiatives and settings that focus on the prevention, minimization, and recovery process of substance abuse among youth. Their primary objective is to aid in the recovery of young individuals from substance abuse issues.


Official website here: www.wakemonarchacademy.org

What is the revenue of Wake Monarch?

Wake Monarch's revenue in 2024 was $517,344.


Official website here: www.wakemonarchacademy.org

Who are the executives of Wake Monarch and what are their salaries?

The average compensation at Wake Monarch during 2024 was $24,014. There are 8 employees and 12 volunteers at Wake Monarch.

Here are 13 key members and their salaries:


Leah Wright (Executive Director)
  • Compensation: $82,465
  • Related: $0
  • Other: $0
Bonnie Duncan (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Williams (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Brigham (Board Member Effective Feb 2024)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Umstead (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenny Ferguson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Bourne (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Holder (Board Member Effective Aug 2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Newton (Treasurer Effective Sept 2023)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Riggleman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Rodman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Summers (Board Member Through Mar 2024)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Wright (Board Member Through Dec 2023)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wakemonarchacademy.org

Where can I find the form 990 for Wake Monarch?

Wake Monarch's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.wakemonarchacademy.org

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

Mission Statement of Wake Monarch

Wake Monarch, as a nonprofit organization, is committed to establishing programs and environments that actively work towards preventing and reducing substance abuse among youth. Furthermore, Wake Monarch focuses on facilitating the recovery process for these young individuals who have been affected by substance abuse. By providing targeted interventions, the organization aims to help youth overcome their substance abuse issues and regain control of their lives. The ultimate goal of Wake Monarch is to empower youth to lead substance-free lives, fostering a healthier and more productive future for them.

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Impact




October, 2024

Wake Monarch focuses on addressing substance abuse among youth through targeted programs and supportive environments. By emphasizing prevention and recovery, they aim to reduce the incidence of substance use in their community. Their initiatives not only educate young people about the risks associated with substance abuse but also provide resources for those in recovery. This dual approach helps to foster resilience and create a healthier, more informed generation capable of making safer choices. Through their work, Wake Monarch significantly contributes to the wellbeing of youth in Fuquay Varina, NC, promoting a community where young individuals can thrive free from the challenges of substance abuse.




This information is meant to be a general summary of Wake Monarch. 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
$517,344 (2024)
Expenses
$364,864 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $4,475
  • Program Service Revenue: $129,377
  • Gross Receipts: $552,281

Assets and Liabilities:

  • Total Assets: $150,234
  • Total Liabilities: $3,859
  • Net Assets: $146,375

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Programs

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

Tuition Revenue

Revenue

$129,377

Organization Details

Principal Officer

Will Newton

NTEE Category

Code: B90 - Education

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