Civic Intelligence

Wayne Preparatory Academy Charter School Inc

990 • Fiscal year 2020 • EIN 26-4207236

Jul 01, 2019 to Jun 30, 2020 • Filed on May 03, 2021

Organization ProfileWWW.WAYNEPREPNC.ORG
600 Tommys RoadGoldsboro, NC 27530

(919) 734-8035

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

32nd percentile

0.17x

Higher debt load relative to assets than 32% of similar nonprofits.

2020 filings • NTEE B • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

18th percentile

0.04x

Higher debt load relative to revenue than 18% of similar nonprofits.

2020 filings • NTEE B • $5M-$10M nonprofits • Source year 2020

Net Margin

64th percentile

7.4%

Higher net margin than 64% of similar nonprofits.

2020 filings • NTEE B • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

40th percentile

$103,117

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2020 filings • NTEE B • $5M-$10M nonprofits • Source year 2020

Asset Growth

84th percentile

59%

Faster asset growth than 84% of similar nonprofits.

2020 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

86th percentile

26%

Faster revenue growth than 86% of similar nonprofits.

2020 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets32nd percentile

Assets

Up

$1,541,607

Up $570,300 (+59%) from 2019

Net Assets

Up

$1,282,875

Up $542,120 (+73%) from 2019

Liabilities

Up

$258,732

Up $28,180 (+12%) from 2019

Revenue And Expenses
Liabilities / Revenue18th percentileNet Margin64th percentile

Revenue

Up

$7,283,996

Up $1,524,915 (+26%) from 2019

Expenses

Up

$6,741,876

Up $1,017,285 (+18%) from 2019

Net Income

Up

$542,120

Up $507,630 (+1472%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth84th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0-$10MAssets 2015: $64,790Liabilities 2015: $427,444Net Assets 2015: -$362,6542015Assets 2016: $298,078Liabilities 2016: $14,949Net Assets 2016: $283,1292016Assets 2017: $560,531Liabilities 2017: $37,093Net Assets 2017: $523,4382017Assets 2018: $888,471Liabilities 2018: $182,206Net Assets 2018: $706,2652018Assets 2019: $971,307Liabilities 2019: $230,552Net Assets 2019: $740,7552019Assets 2020: $1,541,607Liabilities 2020: $258,732Net Assets 2020: $1,282,8752020Assets 2021: $1,732,242Liabilities 2021: $498,550Net Assets 2021: $1,233,6922021Assets 2022: $20,651,662Liabilities 2022: $19,727,931Net Assets 2022: $923,7312022Assets 2023: $18,770,556Liabilities 2023: $18,510,774Net Assets 2023: $259,7822023Assets 2024: $17,039,576Liabilities 2024: $17,227,310Net Assets 2024: -$187,7342024

Highlighted filing

2020

Assets$1,541,607
Liabilities$258,732
Net Assets$1,282,875
Open 2020 Filing

Operations Trend

Revenue Growth86th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2015: $4,002,576Expenses 2015: $4,365,230Net Income 2015: -$362,6542015Revenue 2016: $6,694,096Expenses 2016: $6,048,313Net Income 2016: $645,7832016Revenue 2017: $4,592,629Expenses 2017: $4,352,320Net Income 2017: $240,3092017Revenue 2018: $4,310,399Expenses 2018: $4,127,572Net Income 2018: $182,8272018Revenue 2019: $5,759,081Expenses 2019: $5,724,591Net Income 2019: $34,4902019Revenue 2020: $7,283,996Expenses 2020: $6,741,876Net Income 2020: $542,1202020Revenue 2021: $8,325,995Expenses 2021: $8,375,177Net Income 2021: -$49,1822021Revenue 2022: $10,094,949Expenses 2022: $10,404,910Net Income 2022: -$309,9612022Revenue 2023: $10,693,404Expenses 2023: $11,357,353Net Income 2023: -$663,9492023Revenue 2024: $10,263,334Expenses 2024: $10,710,849Net Income 2024: -$447,5152024

Highlighted filing

2020

Revenue$7,283,996
Expenses$6,741,876
Net Income$542,120
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 3, 2021
Return Version
2019v5.2
Gross Receipts
$7,283,996
Mission and Program Overview

Mission

To operate a charter school in north carolina

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$827,156$1,207,355▲ $380,199
Rtn Earn Endowment Incm Other Fnds$664,939$1,195,283▲ $530,344
Land, Buildings, and Equipment, Net$75,816$87,592▲ $11,776
Pd in Cap Srpls Land Bldg Eqp Fund$75,816$87,592▲ $11,776
Prepaid Expenses and Deferred Charges$4,060$19,842▲ $15,782
Accounts Receivable$64,275$11,709▼ $52,566
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$971,307$1,541,607▲ $570,300
Other Assets Total$0$215,109▲ $215,109
Liabilities
Accounts Payable and Accrued Expenses$229,381$257,595▲ $28,214
Deferred Revenue$1,171$1,137▼ $34
Total Liabilities$230,552$258,732▲ $28,180
Net Assets / Fund Balance
Total Net Assets Fund Balance$740,755$1,282,875▲ $542,120
Total Liabilities and Net Assets / Fund Balance$971,307$1,541,607▲ $570,300

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$64,000$44,847-
Leasehold Improvements$23,592$2,768-
Other Assets Org$215,109--
Compensation and Service Providers
Top Officer Pay40th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
John TwittyManaging DirectorFT$90,045$13,072$103,117

Board Members and Trustees

NameTitle
Amanda WellsBoard Chairman
Glen BarfieldBoard Attorney
Brett FarmerBoard Member
Scott MackeyBoard Member
Lou RoseBoard Secretary
Tommy KingBoard Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$7,131,965
Program Service Revenue
$141,293
Investment Income
$0
Other Revenue
$10,738
All Other Contributions
$6,972,562
Change in Net Assets
$542,120

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,283,996
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$7,283,996
Total Revenue per Form 990
$7,283,996
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,741,876
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$36,915--$36,915
Total Functional Expenses$6,741,876$0$0$6,741,876

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,741,876
Total Expenses per Audited Statements$6,741,876
Total Expenses per Form 990$6,741,876
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“A draft copy of the 990 return was provided for review and approval.”

Form 990, Part VI, Section B, Line 12C

“Each member of the board of directors signs a conflict of interest policy each year.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy, and financial statements are available for public inspection at the organization's office upon request. Organization staff are available to provide supervision and answer any questions the inquiring party may have.”

Filing and Contact Details

Filer

Filer Name
Wayne Preparatory Academy Inc
EIN
26-4207236
Phone
9197348035
Address
600 TOMMYS ROAD, GOLDSBORO, NC 27530

Signing Officer

Name
John Twitty
Title
Managing Director
Phone
9197348035
Signed
2021-05-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Twitty
Formed
2015
Legal Domicile
Nc
Voting Board Members
6
Independent Board Members
6
Employees
141
Volunteers
0

Preparer

Firm
Potter & Company Pa
Address
434 COPPERFIELD BLVD NE STE A, CONCORD, NC 28025
Preparer
Kenni E Doyle CPA
Phone
7047868189
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior year.”

Raw XML Appendix395 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0229381
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0257595
IRS990/AccountsReceivableGrp/BOYAmt064275
IRS990/AccountsReceivableGrp/EOYAmt011709
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO OPERATE A CHARTER SCHOOL IN NORTH CAROLINA
IRS990/AllOtherContributionsAmt06972562
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum09197348085
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0600 TOMMYS ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0GOLDSBORO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027530
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0827156
IRS990/CashNonInterestBearingGrp/EOYAmt01207355
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt07131965
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt06741876
IRS990/CYOtherRevenueAmt010738
IRS990/CYProgramServiceRevenueAmt0141293
IRS990/CYRevenuesLessExpensesAmt0542120
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt06741876
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt07283996
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt01171
IRS990/DeferredRevenueGrp/EOYAmt01137
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0PROVIDE FACILITIES, TEACHERS, AND MATERIALS TO STUDENTS ENROLLED AT A PUBLIC CHARTER SCHOOL.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0141
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt06741876
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt613072
IRS990/Form990PartVIISectionAGrp/PersonNm0AMANDA WELLS
IRS990/Form990PartVIISectionAGrp/PersonNm1LOU ROSE
IRS990/Form990PartVIISectionAGrp/PersonNm2TOMMY KING
IRS990/Form990PartVIISectionAGrp/PersonNm3GLEN BARFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm4BRETT FARMER
IRS990/Form990PartVIISectionAGrp/PersonNm5SCOTT MACKEY
IRS990/Form990PartVIISectionAGrp/PersonNm6JOHN TWITTY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt690045
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD ATTORNEY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MANAGING DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02015
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt0159403
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt07283996
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt047615
IRS990/LandBldgEquipBasisNetGrp/BOYAmt075816
IRS990/LandBldgEquipBasisNetGrp/EOYAmt087592
IRS990/LandBldgEquipCostOrOtherBssAmt0135207
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO OPERATE A CHARTER SCHOOL IN NORTH CAROLINA
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0740755
IRS990/NetAssetsOrFundBalancesEOYAmt01282875
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt0215109
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0INSTRUCTIONAL SERVICES
IRS990/OtherExpensesGrp/Desc1SUPPORT SERVICES
IRS990/OtherExpensesGrp/Desc2BEFORE & AFTER SCHOOL C
IRS990/OtherExpensesGrp/Desc3NUTRITION & FOOD
IRS990/OtherExpensesGrp/ProgramServicesAmt04491712
IRS990/OtherExpensesGrp/ProgramServicesAmt12120910
IRS990/OtherExpensesGrp/ProgramServicesAmt292339
IRS990/OtherExpensesGrp/ProgramServicesAmt336915
IRS990/OtherExpensesGrp/TotalAmt04491712
IRS990/OtherExpensesGrp/TotalAmt12120910
IRS990/OtherExpensesGrp/TotalAmt292339
IRS990/OtherExpensesGrp/TotalAmt336915
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0SALES TAX REIMBURSEMEN
IRS990/OtherRevenueMiscGrp/ExclusionAmt010738
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt010738
IRS990/OtherRevenueTotalAmt010738
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt075816
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt087592
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04060
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt019842
IRS990/PrincipalOfficerNm0JOHN TWITTY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0AFTER SCHOOL CHILD CAR
IRS990/ProgramServiceRevenueGrp/Desc1LUNCH SERVICE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0105092
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt136201
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0105092
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt136201
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05415628
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt02333748
IRS990/PYOtherRevenueAmt0210538
IRS990/PYProgramServiceRevenueAmt0132915
IRS990/PYRevenuesLessExpensesAmt034490
IRS990/PYSalariesCompEmpBnftPaidAmt03390843
IRS990/PYTotalExpensesAmt05724591
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05759081
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0542120
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0141293
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0664939
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01195283
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt064000
IRS990ScheduleD/EquipmentGrp/DepreciationAmt044847
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0108847
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt06741876
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt023592
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02768
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt026360
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0215109
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM LP
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt07283996
IRS990ScheduleD/TotalBookValueLandBuildingsAmt087592
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0215109
IRS990ScheduleD/TotalExpensesPerForm990Amt06741876
IRS990ScheduleD/TotalRevenuePerForm990Amt07283996
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07283996
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06741876
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE POLICY IS INCLUDED IN THE ORGANIZATION'S STATEMENT OF PURPOSE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION RECEIVES FEDERAL AND STATE ASSISTANCE THROUGH THE STATE BOARD OF EDUCATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT COPY OF THE 990 RETURN WAS PROVIDED FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH MEMBER OF THE BOARD OF DIRECTORS SIGNS A CONFLICT OF INTEREST POLICY EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S OFFICE UPON REQUEST. ORGANIZATION STAFF ARE AVAILABLE TO PROVIDE SUPERVISION AND ANSWER ANY QUESTIONS THE INQUIRING PARTY MAY HAVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0300826240
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd01
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/OwnershipPct00.51990
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0TO DEVELOP A NEW SCHOOL FACILITY, HIRE AND MANAGE SCHOOL PERSONNEL
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0WAYNE PREPARATORY ACADEMY LP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt0600 TOMMYS ROAD
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0GOLDSBORO
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd027530
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0971307
IRS990/TotalAssetsEOYAmt01541607
IRS990/TotalAssetsGrp/BOYAmt0971307
IRS990/TotalAssetsGrp/EOYAmt01541607
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt07131965
IRS990/TotalEmployeeCnt0141
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt06741876
IRS990/TotalFunctionalExpensesGrp/TotalAmt06741876
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0230552
IRS990/TotalLiabilitiesEOYAmt0258732
IRS990/TotalLiabilitiesGrp/BOYAmt0230552
IRS990/TotalLiabilitiesGrp/EOYAmt0258732
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0740755
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01282875
IRS990/TotalOtherCompensationAmt013072
IRS990/TotalProgramServiceExpensesAmt06741876
IRS990/TotalProgramServiceRevenueAmt0141293
IRS990/TotalReportableCompFromOrgAmt090045
IRS990/TotalRevenueGrp/ExclusionAmt010738
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0141293
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt07283996
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0971307
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01541607
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0600 TOMMYS ROAD
IRS990/USAddress/CityNm0GOLDSBORO
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027530
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.WAYNEPREPNC.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN TWITTY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGING DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09197348035
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WAYNE PREPARATORY ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0WAYN
ReturnHeader/Filer/EIN0264207236
ReturnHeader/Filer/PhoneNum09197348035
ReturnHeader/Filer/USAddress/AddressLine1Txt0600 TOMMYS ROAD
ReturnHeader/Filer/USAddress/CityNm0GOLDSBORO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027530
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561220683
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0POTTER & COMPANY PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0434 COPPERFIELD BLVD NE STE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CONCORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028025
ReturnHeader/PreparerPersonGrp/PhoneNum07047868189
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENNI E DOYLE CPA
ReturnHeader/ReturnTs02021-05-11T15:12:14-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,541,607
Liabilities
$258,732
Net assets
$1,282,875
Revenue
$7,283,996
Expenses
$6,741,876
Net income
$542,120
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.0$17.2$0.19$10.3$10.7$0.45
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.8$18.5$0.26$10.7$11.4$0.66
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.7$19.7$0.92$10.1$10.4$0.31
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$0.50$1.23$8.33$8.38$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.54$0.26$1.28$7.28$6.74$0.54
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.23$0.74$5.76$5.72$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.89$0.18$0.71$4.31$4.13$0.18
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.04$0.52$4.59$4.35$0.24
2016Detailed filing. Detailed filing data is available for this year.$0.30$0.01$0.28$6.69$6.05$0.65
2015Detailed filing. Detailed filing data is available for this year.$0.06$0.43$0.36$4.00$4.37$0.36