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Wake Forest Charter Academy

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

EIN: 900942554 ✦ Wake forest, NC ✦ Designated as a 501(c)(3)

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Overview

What is Wake Forest Charter Academy?

Wake Forest Charter Academy is a publicly funded educational institution situated in Wake Forest, North Carolina. The academy, functioning as a public school, offers tuition-free education to students from kindergarten to eighth grade. Operating under the North Carolina State Board of Education's charter, its mission is to deliver education based on rigorous teaching methods, fostering parental involvement, encouraging student responsibility, and instilling basic moral values. The academy is dedicated to providing a nurturing environment that is open to all children, regardless of gender, ethnic background, disability, or religious affiliation.


Official website here: www.nhaschools.com

What are the reviews and ratings of this charity?

**Charity Rating:** 77% (Three-Star out of Four Star rating from Charity Navigator)

Wake Forest Charter Academy has received a Three-Star rating due to its performance in the Accountability & Finance category. The organization demonstrates a solid commitment to financial transparency, with an independent board that scores highly. However, some concerns arise from the lack of a whistleblower policy and missing documentation related to the posting of tax forms on their website.

The nonprofit has shown strengths in managing its program expenses effectively, boasting an expense ratio of 81.31%. While the organization operates with a significantly high liabilities-to-assets ratio, it is crucial for potential donors and supporters to consider the financial implications of this. The presence of comprehensive financial oversight mechanisms suggests that the nonprofit is held to a standard of accountability.

Unfortunately, user reviews from GreatNonprofits could not be accessed, leaving a gap in public sentiment analysis. Without community feedback, stakeholders might want to consider reviewing alternatives or seeking further information directly from the organization before making contributions.


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

Is Wake Forest Charter Academy legitimate?

Wake Forest Charter Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wake Forest Charter Academy 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,516,866

For more financial information, click here


Official website here: www.nhaschools.com

What is the mission statement of Wake Forest Charter Academy?

Wake Forest Charter Academy's mission is centered around operating a public charter school that emphasizes rigorous teaching methods, encourages parental involvement, fosters student responsibility, and instills basic moral values. The academy aims to provide education to children from kindergarten to eighth grade, welcoming all appropriately aged children regardless of gender, ethnic background, disability, or religious affiliation.


Official website here: www.nhaschools.com

Who is the CEO of Wake Forest Charter Academy?

Hilda Parler is the President of Wake Forest Charter Academy.


Official website here: www.nhaschools.com

What is the revenue of Wake Forest Charter Academy?

Wake Forest Charter Academy's revenue in 2022 was $8,077,183.


Official website here: www.nhaschools.com

Who are the executives of Wake Forest Charter Academy and what are their salaries?

There 454 volunteers at Wake Forest Charter Academy.


Here are 7 key members and their salaries:


Hilda Parler (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marilyn Bonnett (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Salina Gary (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hannah Moyles (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Dabal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Haywood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Willie Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nhaschools.com

Where can I find the form 990 for Wake Forest Charter Academy?

Wake Forest Charter Academy's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nhaschools.com

Learn more at the official website: www.nhaschools.com

Mission Statement of Wake Forest Charter Academy

Wake Forest Charter Academy, as a public charter school, is committed to delivering education that emphasizes rigorous teaching methods, encourages parental involvement, fosters student responsibility, and upholds fundamental moral values. This mission is extended to children in grades kindergarten through eighth grade, with enrollment available to all appropriately aged children, irrespective of gender, ethnic background, disability, or religious affiliation. The academy's approach to education is inclusive, welcoming all students to benefit from its rigorous curriculum and strong emphasis on character development.

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Impact




July, 2024

Wake Forest Charter Academy's impact is reflected in its commitment to providing a rigorous education to children in grades kindergarten through eighth grade. Through a focus on rigorous teaching methods, parental involvement, student responsibility, and basic moral values, the academy equips students with the knowledge and skills necessary for academic success and personal growth. By operating as a public charter school in Wake Forest, North Carolina, Wake Forest Charter Academy offers a unique educational opportunity to all appropriately aged children, regardless of gender, ethnic background, disability, and/or religious affiliation. This inclusive approach ensures that the academy's impact extends to a diverse student population, preparing them for future success in their academic and personal endeavors.




This information is meant to be a general summary of Wake Forest Charter Academy. 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
$8,077,183 (2022)
Expenses
$8,013,877 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $415,797
  • Gross Receipts: $8,077,183

Assets and Liabilities:

  • Total Assets: $3,507,477
  • Total Liabilities: $3,410,061
  • Net Assets: $97,416

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Programs

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

FOOD SERVICE REVENUE

Revenue

$2,951

MISCELLANEOUS ACTIVITY FEES

Revenue

$412,846

Organization Details

Founding Year

2013

Principal Officer

Hilda Parler

Main Address

1851 FRIENDSHIP CHAPEL ROAD, WAKE FOREST, NC, 27587

NTEE Category

Code: B24 - Education

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