Civic Intelligence

Academy of Finance of Wake County Inc

EIN 42-1574401 • 501(c)3 • Raleigh, NC

Profile

Educational

5500 Dixon DriveRaleigh, NC 27609
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

78th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE B11 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

78th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE B11 • <$500k nonprofits • Source year 2025

Net Margin

59th percentile

15%

Higher net margin than 59% of similar nonprofits.

NTEE B11 • <$500k nonprofits • Source year 2025

Top Officer Pay

97th percentile

$0

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE B11 • <$500k nonprofits • Source year 2025

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2025

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2025

Assets

$17,314

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$17,314

No earlier filing loaded for comparison.

Revenue

$47,540

No earlier filing loaded for comparison.

Expenses

$40,486

No earlier filing loaded for comparison.

Net Income

$7,054

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20K$15K$10K$5.0K$0Assets 2025: $17,314Liabilities 2025: $0Net Assets 2025: $17,3142025

Highlighted filing

2025

Assets$17,314
Liabilities$0
Net Assets$17,314

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0Revenue 2025: $47,540Expenses 2025: $40,486Net Income 2025: $7,0542025

Highlighted filing

2025

Revenue$47,540
Expenses$40,486
Net Income$7,054

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$17.3$0.00$17.3$47.5$40.5$7.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Aug 6, 2025
Return Version
2024v5.1
Gross Receipts
$69,984
Mission and Program Overview

Mission

Educational

Program Services

DescriptionGrantsExpenses
Funds used to subsidize trip cost to New York for class of 2024 -18305; Funds used to subsidize trip cost to Washington DC for class of 2025 -8339 Funds used to subsidize trip to New York for class of 2025 -14764$0$23,459
Class of 2024 senior scholarships 2 awarded at 1000 each; Class of 2024 senior banquet 5561.20$0$7,561
Lunch for students that attend professional development sessions multiple each month at school$0$1,381
None$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chad CollinsAcademy DirectorFT$0--
Brandon BrakeAdvisor Board Member-$0--
Robert NelsonAdvisory Board Member-$0--
Tara DrouhardSanderson High School Principal-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fresh Market Pie Sale$46,021$46,021$720$45,301
Gift Card Bundle Raffle$12,522$12,522$0$12,522
Total Events$58,543$58,543$22,444$36,099
Filing and Contact Details

Filer

Filer Name
Academy of Finance of Wake County Inc
EIN
42-1574401
In Care Of
% Chad Collins
Address
5500 Dixon Drive, Raleigh, NC 27609

Signing Officer

Name
Chad Collins
Title
Academy Director
Signed
2025-08-06
Supplemental Narrative

Additional Explanations

Part I, line 8

| Other Revenues:, Amount:| All revenue is accounted elsewhere on the sheet. There is no Other Revenue., $0|

Part I, line 10

| Grants And Similar Amounts Paid:, Amount:| Educational Field Trip Subsidies = 23459; Class of 2024 scholarships & banquet = 10821; Lunch for students attending professional developments at school each month = 1564, $35844|

Part I, line 16

| Other Expenses:, Amount:| There are no other expenses. They are accounted for elsewhere., $0|

Part I, line 20

| Explanation:, Amount:| There were no changes in net assets or fund balances., $0|

Part II, line 24

| Explanation:, BOYAmount:, EOYAmount:| There are no additional assets to list., $0, $0|

Part II, line 26

| Explanation:, BOYAmount:, EOYAmount:| We do not have any liabilities., $0, $0|

Raw XML Appendix230 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.

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IRS990EZ/SpecialEventsNetIncomeLossAmt036099
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IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Fresh Market Pie Sale
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Gift Card Bundle Raffle
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IRS990ScheduleG/SupplementalInformationDetail/ExplanationTxt0| PartandLinenumber:,Explanation:| Part II General,We partner with Fresh Market to sell pies annually. Students sell pies directly to consumers. We sell large orders to multiple businesses 75-200 pies. Additionally we partner with PTOs at neighboring schools where parents at the school buy a pie that is donated to a teacher. We sold over 3400 pies this year. Students also have the option to pay $60 and not sell fundraising is required by the academy. The raffle is buying entries to win one of three gift card bundles valued at $500. We secure gift cards from neighboring businesses and all students are required to sell entries.| Part II Line 7,21099 is the amount paid to Fresh Market to fulfill all pie orders.| Part II Line 5,We raffled three bundles of gift cards at $500 each totaling 1500. We had to purchase $625 worth of gift cards to get the 1500 total needed. $875 was secured via donation from neighboring businesses.|
IRS990ScheduleG/SupplementalInformationDetail/FormAndLineReferenceDesc0Part IV
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Revenues:, Amount:| All revenue is accounted elsewhere on the sheet. There is no Other Revenue., $0|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Grants And Similar Amounts Paid:, Amount:| Educational Field Trip Subsidies = 23459; Class of 2024 scholarships & banquet = 10821; Lunch for students attending professional developments at school each month = 1564, $35844|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Other Expenses:, Amount:| There are no other expenses. They are accounted for elsewhere., $0|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Explanation:, Amount:| There were no changes in net assets or fund balances., $0|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4| Explanation:, BOYAmount:, EOYAmount:| There are no additional assets to list., $0, $0|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5| Explanation:, BOYAmount:, EOYAmount:| We do not have any liabilities., $0, $0|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part I, line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part II, line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Chad Collins
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Academy Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Academy of Finance of Wake County Inc
ReturnHeader/Filer/BusinessNameControlTxt0ACAD
ReturnHeader/Filer/EIN0421574401
ReturnHeader/Filer/ForeignPhoneNum09195204593
ReturnHeader/Filer/InCareOfNm0% Chad Collins
ReturnHeader/Filer/USAddress/AddressLine1Txt05500 Dixon Drive
ReturnHeader/Filer/USAddress/CityNm0Raleigh
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027609
ReturnHeader/ReturnTs02025-08-05T15:00:42-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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