Liabilities / Assets
6th percentile
Higher debt load relative to assets than 6% of similar nonprofits.
Wake Technical Community College Foundation Inc.
990 • Fiscal year 2018 • EIN 23-7017752
Refreshing map…
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
6th percentile
Higher debt load relative to revenue than 6% of similar nonprofits.
Net Margin
94th percentile
Higher net margin than 94% of similar nonprofits.
Top Officer Pay
95th percentile
Higher top officer pay than 95% of similar nonprofits.
Top officer pay equals 10.0% of source-year revenue.
Asset Growth
79th percentile
Faster asset growth than 79% of similar nonprofits.
Revenue Growth
85th percentile
Faster revenue growth than 85% of similar nonprofits.
Balance Sheet
Assets
Up$16,504,280
Up $2,429,986 (+17%) from 2017
Net Assets
Up$16,495,777
Up $2,421,483 (+17%) from 2017
Liabilities
Up$8,503
Up $8,503 from 2017
Revenue And Expenses
Revenue
Up$3,950,579
Up $1,047,065 (+36%) from 2017
Expenses
Down$1,556,472
Down $297,096 (-16%) from 2017
Net Income
Up$2,394,107
Up $1,344,161 (+128%) from 2017
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2017 to Jun 30, 2018
- Signed
- Mar 22, 2019
- Return Version
- 2017v2.3
- Gross Receipts
- $14,578,174
Mission and Program Overview
Mission
The wake tech foundation partners with private entities and individuals to raise awareness, financial resources, and other assets in support of wake technical community college's mission, goals, and funding priorities.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Other Securities | $9,389,618 | $11,254,648 | ▲ $1,865,030 |
| Cash and Non-Interest-Bearing Accounts | $1,285,377 | $1,402,182 | ▲ $116,805 |
| Pledges and Grants Receivable | $490,690 | $962,565 | ▲ $471,875 |
| Total Assets | $14,074,294 | $16,504,280 | ▲ $2,429,986 |
| Other Assets Total | $2,908,609 | $2,884,885 | ▼ $23,724 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | - | $8,503 | - |
| Total Liabilities | $0 | $8,503 | ▲ $8,503 |
| Net Assets / Fund Balance | |||
| Temporarily Rstr Net Assets | $5,870,354 | $5,814,855 | ▼ $55,499 |
| Unrestricted Net Assets | $4,040,289 | $5,529,854 | ▲ $1,489,565 |
| Permanently Rstr Net Assets | $4,163,651 | $5,151,068 | ▲ $987,417 |
| Total Net Assets Fund Balance | $14,074,294 | $16,495,777 | ▲ $2,421,483 |
| Total Liabilities and Net Assets / Fund Balance | $14,074,294 | $16,504,280 | ▲ $2,429,986 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | - | $128,319 | $128,319 |
| Other Assets Org | $-62,480 | - | - |
| Other Securities | $11,254,648 | - | - |
Endowment Activity
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2017 | $5,086,970 | $2,427,116 | ▲ $92,874 | $-141,092 | $7,465,868 |
| 2016 | $4,302,618 | $843,092 | ▲ $376,065 | $-434,805 | $5,086,970 |
| 2015 | $3,991,885 | $753,899 | ▼ $18,248 | $-424,918 | $4,302,618 |
| 2014 | $8,451,062 | $566,168 | ▲ $502,993 | $-539,665 | $3,991,885 |
| 2013 | $6,432,645 | $3,360,020 | ▲ $324,141 | - | $8,451,062 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Other | Total |
|---|---|---|---|---|
| Matthew Smith | Executive Di | PT | $156,308 | $156,308 |
| John Saparilas | Director | - | $123,699 | $123,699 |
Board Members and Trustees
| Name | Title |
|---|---|
| Andy Penry | Director |
| Arne Morris | Director |
| Creighton Blackwell | Director |
| Doris Huebner | Director |
| Douglas Ball | Director |
| Greg Winkler | Director |
| Jill Heath | Director |
| Joe Trabocco | Director |
| Judy Fourie | Director |
| Kent Thompson | Director |
| Kim Raynor | Director |
| Larry Hamilton | Director |
| Mary-ann Baldwin | Director |
| Mike Conlon | Director |
| Nathan Becker | Director |
| PAT O'KEEFE | Director |
| Pam Williams | Director |
| Pat Poe | Director |
| Samantha Hatem | Director |
| Tommy Laakso | Director |
| Walt Tippett | Director |
| Whitney Westbrook | Director |
| Matthew Smith | Executive Director |
| Dr Stephen Scott | Secretary |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $3,624,732
- Program Service Revenue
- $23,577
- Investment Income
- $231,717
- Other Revenue
- $70,553
- All Other Contributions
- $3,606,228
- Change in Net Assets
- $2,394,107
Noncash Contribution Practices
- Property subject to holding requirements
- No
- Reviewed unusual noncash gifts
- No
- Third parties used for noncash contributions
- No
Noncash Contributions
| Contribution Type | Contribution Count | Reported Amount | Valuation Method |
|---|---|---|---|
| Securities Miscellaneous | 2 | $181,067 | Fair Market Value (FMV) |
| Other Non Cash Contri Table | 110 | $86,293 | Fair Market Value (FMV) |
| Cars and Other Vehicles | 3 | $3,900 | Fair Market Value (FMV) |
| Total Noncash Contributions | 115 | $271,260 | - |
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $3,915,856
- Revenue Not Reported on Financial Statements
- $34,723
- Revenue Not Reported on Form 990
- $2,436,679
- Other Revenue Adjustments
- $-6,027
- Total Revenue per Audited Statements
- $6,352,535
- Total Revenue per Form 990
- $3,950,579
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $787,750 |
| Grants and Similar Amounts Paid | $684,573 |
| Salaries, Compensation, and Employee Benefits | $84,149 |
| Total Fundraising Expense | $27,585 |
| Professional Fundraising Fees | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Individuals | $684,573 | - | - | $684,573 |
| Office Expenses | $218,424 | $8,707 | $450 | $227,581 |
| All Other Expenses | $25,512 | $55,117 | $8,919 | $89,548 |
| Other Salaries and Wages | $79,374 | $3,225 | $1,550 | $84,149 |
| Other Expenses | $49,844 | $4,483 | $224 | $54,327 |
| Fees for Services Other | $18,316 | $35,938 | - | $54,254 |
| Fees for Service Investment Mgmnt Fees | - | $40,750 | - | $40,750 |
| Travel | $31,003 | $1,006 | $1,145 | $33,154 |
| Fees for Services Accounting | - | $12,543 | - | $12,543 |
| Total Functional Expenses | $1,273,335 | $255,552 | $27,585 | $1,556,472 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $3,957,994 |
| Expenses Not Reported on Form 990 | $2,442,272 |
| Total Expenses per Form 990 | $1,556,472 |
| Expenses per Audited Statements | $1,515,722 |
| Expenses Not Reported on Financial Statements | $40,750 |
Fundraising, Events, and Gaming
- Fundraising activities
- Yes
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $6,027 |
| Fundraising Gross Income | $6,027 |
| Professional Fundraising Fees | $0 |
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Golf Tournament | $18,095 | $5,440 | $5,440 | $0 |
| Bakers Row of C | $6,436 | $587 | $587 | $0 |
| Total Events | $24,531 | $6,027 | $6,027 | - |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- Yes
- Other officer compensation reviewed
- Yes
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- Yes
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Form 990, Page 6, Part VI, Line 11B
“The form 990 is reviewed by the audit committee before it is filed.”
Form 990, Page 6, Part VI, Line 12C
“Each director has the affirmative responsibility to report to the board president or to the executive director any and all knowledge of any action or conduct that appears to be contrary to foundation conflict of interest policy.”
Form 990, Page 6, Part VI, Line 15A
“The organization adheres to the compensation policy of its related organization, wake technical community college, as the college handles all payroll, benefits, and retirement contributions for the organization. The compensation committee meets at the beginning of the fiscal year to assess and recommend the executive director's salary for the new year (july-june). Factors including performance evaluation, significant accomplishments and college growth are taken into consideration in determining the appropriate amount. Once the committee agrees on a figure, it is taken to the entire board of trustees for consideration and approval at their next meeting.”
Form 990, Page 6, Part VI, Line 15B
“The organization adheres to the compensation policy of its related organization, wake technical community college, as the college handles all payroll, benefits, and retirement contributions for the organization. The compensation committee meets at the beginning of the fiscal year to assess and recommend salaries for the new year (july-june). Factors including performance evaluation, significant accomplishments and college growth are taken into consideration in determining the appropriate amount. Once the committee agrees on a figure, it is taken to the entire board of trustees for consideration and approval at their next meeting.”
Form 990, Page 6, Part VI, Line 19
“The written conflict of interest policy and the organization's governing documents are available to the public upon request. The financial statements are available on the organization's website.”
Form 990, Part VII
“The foundation paid the former executive director consulting fees for services rendered of 26,450 during the year ended june 30, 2018.”
Filing and Contact Details
Filer
- Filer Name
- Wake Technical Community College
- EIN
- 23-7017752
- Phone
- 9198665924
- Address
- 9101 FAYETTEVILLE ROAD, RALEIGH, NC 27603
Signing Officer
- Name
- Matthew Smith
- Title
- Executive Director
- Phone
- 9196623443
- Signed
- 2019-03-22
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Matthew Smith
- Formed
- 1968
- Legal Domicile
- Nc
- Voting Board Members
- 25
- Independent Board Members
- 22
- Employees
- 0
- Volunteers
- 29
Preparer
- Firm
- Langdon & Company Llp
- Address
- 223 US HIGHWAY 70 EAST SUITE 100, GARNER, NC 27529-4051
- Preparer
- Susan Dean
- Phone
- 9196621001
Supplemental Narrative
Additional Explanations
Form 990, Page 2, Part III, Line 4D
“Program support is a broad classification that includes faculty and staff innovations, professional development, travel, instructional technology and equipment, classroom supplies, student success initiatives all of which program support provided benefit both curriculum and continuing education programs.”
Form 990, Part XI, Line 9
“Intercompany consolidated eliminations 3,772 prior year management fees 4,676 total 8,448”
Financial Statement Notes
Schedule D, Page 2, Part V, Line 4
“The intended use of organizations endowment funds is for scholarships, curriculum, building and grounds and the fostering bright futures fellowship.”
Schedule D, Page 3, Part X
“The foundation is exempt from income taxes as a nonprofit organization under internal revenue service (irs) code section 501(c)(3). During the years ended june 30, 2018 and 2017, the foundation reported no unrelated business taxable income which is defined by the irs as gross income derived from any unrelated trade or business that is not substantially related to the organization's tax-exempt purpose. Accordingly, no provision for income taxes has been recorded. The foundation has adopted the provisions of fasb asc 740-10-25 as it related to accounting for uncertainty in income taxes. Under this provision, an organization must recognize the tax benefit associated with tax taken for tax return purposes when it is more likely than not the position will be sustained. The foundation does not believe there are any material uncertain tax positions and, accordingly, no liability for unrecognized tax benefits will be recorded. The foundation is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax years in progress. For the years ended june 30, 2018 and 2017, there were no interest or penalties recorded or included in its consolidated financial statements.”
Schedule D, Page 4, Part XI, Line 2D
“Intercompany income eliminated on consolidation -18,494”
Schedule D, Page 4, Part XI, Line 4B
“Fundraising expenses netted with revenue -6,027”
Schedule D, Page 4, Part XII, Line 2D
“Fundraising expenses netted with revenue 6,027”
Raw XML AppendixShowing 400 of 759 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 8503 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | THE WAKE TECH FOUNDATION PARTNERS WITH PRIVATE ENTITIES AND INDIVIDUALS TO RAISE AWARENESS, FINANCIAL RESOURCES, AND OTHER ASSETS IN SUPPORT OF WAKE TECHNICAL COMMUNITY COLLEGE'S MISSION, GOALS, AND FUNDING PRIORITIES. |
| IRS990/AllOtherContributionsAmt | 0 | 3606228 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 8919 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 55117 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 25512 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 89548 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | MATTHEW B SMITH |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9198665924 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 9101 FAYETTEVILLE ROAD |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | RALEIGH |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 27603 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 1285377 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1402182 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | true |
| IRS990/ContriRptFundraisingEventAmt | 0 | 18504 |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 3624732 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 684573 |
| IRS990/CYInvestmentIncomeAmt | 0 | 231717 |
| IRS990/CYOtherExpensesAmt | 0 | 787750 |
| IRS990/CYOtherRevenueAmt | 0 | 70553 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 23577 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 2394107 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 84149 |
| IRS990/CYTotalExpensesAmt | 0 | 1556472 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 27585 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 3950579 |
| IRS990/DAFExcessBusinessHoldingsInd | 0 | false |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | true |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | SCHOLARSHIPS ARE MONETARY AWARDS TO STUDENTS AND MAY BE EARMARKED TO ASSIST DIPLOMA, CERTIFICATE, OR ASSOCIATE DEGREE STUDENTS IN ANY CURRICULUM PROGRAM OR CONTINUING EDUCATION; AND MAY BE BASED ON FINANCIAL NEED OR ACADEMIC MERIT ACCORDING TO DONOR PREFERENCE. BOTH THE CURRICULUM AND CONTINUING EDUCATION SCHOLARSHIPS ARE AWARDED THROUGH AN ONLINE SCHOLARSHIP ANONYMOUS APPLICATION PROCESS. STUDENT SCHOLARSHIPS RANGE FROM 100 - 3,000/A YEAR AND FUNDING IS PROVIDED BY CORPORATIONS, INDIVIDUALS, GRANTS AND FOUNDATIONS. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | true |
| IRS990/DistributionToDonorInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 531237 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 12543 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 12543 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 35938 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 18316 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 54254 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 40750 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 40750 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | true |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 8.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 32.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 17 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 18 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 19 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 20 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 21 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 22 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 23 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 24 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 16 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 17 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 18 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 19 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 20 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 21 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 22 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 23 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 24 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 13992 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 14858 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 6306 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 24 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | DR STEPHEN SCOTT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | MATTHEW SMITH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JOHN SAPARILAS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | MARY-ANN BALDWIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | DOUGLAS BALL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | NATHAN BECKER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | MIKE CONLON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | JUDY FOURIE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | LARRY HAMILTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | SAMANTHA HATEM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | JILL HEATH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | ARNE MORRIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | ANDY PENRY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | PAT POE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | KENT THOMPSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | WALT TIPPETT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | JOE TRABOCCO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | PAM WILLIAMS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | CREIGHTON BLACKWELL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 19 | DORIS HUEBNER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 20 | TOMMY LAAKSO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 21 | PAT O'KEEFE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 22 | KIM RAYNOR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 23 | WHITNEY WESTBROOK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 24 | GREG WINKLER |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 24 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 379247 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 141450 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 117393 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 24 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | EXECUTIVE DI |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 21 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 22 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 23 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 24 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1968 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | true |
| IRS990/FundraisingAmt | 0 | 18504 |
| IRS990/FundraisingDirectExpensesAmt | 0 | 6027 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 6027 |
| IRS990/GainOrLossGrp/OtherAmt | 0 | 270 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | -69713 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 25 |
| IRS990/GrantAmt | 0 | 531237 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 684573 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 684573 |
| IRS990/GrantsToIndividualsInd | 0 | true |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/OtherAmt | 0 | 270 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 10551855 |
| IRS990/GrossReceiptsAmt | 0 | 14578174 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 22 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 301160 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 301160 |
| IRS990/InvestmentInJointVentureInd | 0 | true |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 9389618 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 11254648 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 128319 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 128319 |
| IRS990/LegalDomicileStateCd | 0 | NC |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 10621568 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | THE WAKE TECH FOUNDATION PARTNERS WITH PRIVATE ENTITIES AND INDIVIDUALS TO RAISE AWARENESS, FINANCIAL RESOURCES, AND OTHER ASSETS IN SUPPORT OF WAKE TECHNICAL COMMUNITY COLLEGE'S MISSION, GOALS, AND FUNDING PRIORITIES. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 14074294 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 16495777 |
| IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt | 0 | -69443 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -69443 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 18928 |
| IRS990/NoncashContributionsAmt | 0 | 271260 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 450 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 8707 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 218424 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 227581 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 2908609 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 2884885 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 8448 |
| IRS990/OtherExpensesGrp/Desc | 0 | EVENT EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 1 | GIFTS-IN-KIND |
| IRS990/OtherExpensesGrp/Desc | 2 | MEALS/FOOD |
| IRS990/OtherExpensesGrp/Desc | 3 | GENERAL PROGRAM SUPPORT |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 15297 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 224 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 75266 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 12185 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 6332 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 4483 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 44371 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 62710 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 59208 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 49844 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 119637 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 90192 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 65764 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 54327 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | OTHER |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | SAT PREP COURSE REVENUE |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 53793 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 1 | 16760 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 53793 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 16760 |
| IRS990/OtherRevenueTotalAmt | 0 | 70553 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 1550 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 3225 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 79374 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 84149 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt | 0 | 4163651 |
| IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt | 0 | 5151068 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 490690 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 962565 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | MATTHEW SMITH |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611710 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | PROGRAM REVENUE |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 23577 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 23577 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | FOSTERING BRIGHT FUTURES (FBF) PROGRAM IS A PUBLIC-PRIVATE PARTNERSHIP THAT ADDRESSES THE OVERWHELMING NEED FOR A COMPREHENSIVE SUPPORT STRUCTURE TO ASSIST FOSTER YOUTHS IN MAKING THE TRANSITION FROM THE WAKE COUNTY FOSTER CARE SYSTEM TO INDEPENDENT YOUNG ADULTHOOD. THE OBJECTIVE OF THE FBF PROGRAM IS TO ELIMINATE THE BARRIERS THAT WOULD TYPICALLY DERAIL THOSE GRADUATES FROM MEETING EDUCATIONAL AND LIFE GOALS BY PROVIDING FINANCIAL, ACADEMIC, AND SOCIAL SUPPORT. FUNDING IS PROVIDED BY CORPORATIONS, INDIVIDUALS, CIVIC CLUBS, GRANTS AND FOUNDATIONS. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 75408 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 75408 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | TUITION ASSISTANCE PROGRAM ALLOWS WAKE TECH FACULTY AND STAFF TO STAY CURRENT AND PURSUE ADVANCED DEGREES, CAREER CREDENTIALS, AND PROFESSIONAL DEVELOPMENT. LEADERSHIP DEVELOPMENT GRANTS FOSTER COLLABORATION AND ENCOURAGE CREATIVE IDEAS. EMPLOYEES MUST SUBMIT AN APPLICATION FOR PRE- APPROVAL PRIOR TO THE SEMESTER/TERM OF ENROLLMENT. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 43451 |
| IRS990/ProgSrvcAccomActy3Grp/GrantAmt | 0 | 43451 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | PROGRAM SUPPORT IS A BROAD CLASSIFICATION THAT INCLUDES FACULTY AND STAFF INNOVATIONS, PROFESSIONAL DEVELOPMENT, TRAVEL, INSTRUCTIONAL TECHNOLOGY AND EQUIPMENT, CLASSROOM SUPPLIES, STUDENT SUCCESS INITIATIVES ALL OF WHICH PROGRAM SUPPORT PROVIDED BENEFIT BOTH CURRICULUM AND CONTINUING EDUCATION PROGRAMS. |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 0 | 623239 |
| IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt | 0 | 34477 |
| IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt | 0 | 23577 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 2114787 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 565835 |
| IRS990/PYInvestmentIncomeAmt | 0 | 634069 |
| IRS990/PYOtherExpensesAmt | 0 | 1143509 |
| IRS990/PYOtherRevenueAmt | 0 | 136525 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 18133 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 1049946 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 144224 |
| IRS990/PYTotalExpensesAmt | 0 | 1853568 |
| IRS990/PYTotalRevenueAmt | 0 | 2903514 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 2394107 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | true |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $16,504,280
- Liabilities
- $8,503
- Net assets
- $16,495,777
- Revenue
- $3,950,579
- Expenses
- $1,556,472
- Net income
- $2,394,107