Civic Intelligence

Wpda Inc.

990 • Fiscal year 2015 • EIN 45-3814914

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 26, 2016

Organization ProfileWWW.WSBUSINESSINC.COM
1080 W Fourth StreetWinstonsalem, NC 27101

(336) 723-8955

Siviq Scores

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

Liabilities / Assets

76th percentile

0.58x

Higher debt load relative to assets than 76% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

84th percentile

1.40x

Higher debt load relative to revenue than 84% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

18th percentile

$81,850

Higher top officer pay than 18% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

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

Source year 2015

Revenue Growth

Score unavailable

No value available

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

Source year 2015

Balance Sheet
Liabilities / Assets76th percentile

Assets

$10,428,101

No earlier filing loaded for comparison.

Net Assets

$4,339,251

No earlier filing loaded for comparison.

Liabilities

$6,088,850

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin99th percentile

Revenue

$4,360,067

No earlier filing loaded for comparison.

Expenses

$20,816

No earlier filing loaded for comparison.

Net Income

$4,339,251

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$60M$40M$20M$0Assets 2015: $10,428,101Liabilities 2015: $6,088,850Net Assets 2015: $4,339,2512015Assets 2016: $12,097,315Liabilities 2016: $7,849,514Net Assets 2016: $4,247,8012016Assets 2017: $53,391,700Liabilities 2017: $12,536,153Net Assets 2017: $40,855,5472017Assets 2018: $32,921,251Liabilities 2018: $10,913,508Net Assets 2018: $22,007,7432018Assets 2019: $30,425,566Liabilities 2019: $9,707,812Net Assets 2019: $20,717,7542019Assets 2021: $18,733,846Liabilities 2021: $1,095,460Net Assets 2021: $17,638,3862021Assets 2022: $16,592,896Liabilities 2022: $1,055,377Net Assets 2022: $15,537,5192022Assets 2023: $15,304,853Liabilities 2023: $605,623Net Assets 2023: $14,699,2302023Assets 2024: $12,948,496Liabilities 2024: $606,615Net Assets 2024: $12,341,8812024

Highlighted filing

2015

Assets$10,428,101
Liabilities$6,088,850
Net Assets$4,339,251
Open 2015 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$40M$20M$0-$20MRevenue 2015: $4,360,067Expenses 2015: $20,816Net Income 2015: $4,339,2512015Revenue 2016: $162,061Expenses 2016: $253,511Net Income 2016: -$91,4502016Revenue 2017: $37,347,359Expenses 2017: $739,613Net Income 2017: $36,607,7462017Revenue 2018: -$18,189,822Expenses 2018: $657,982Net Income 2018: -$18,847,8042018Revenue 2019: -$188,919Expenses 2019: $821,070Net Income 2019: -$1,009,9892019Revenue 2021: -$4,636,789Expenses 2021: $1,574,273Net Income 2021: -$6,211,0622021Revenue 2022: $83,719Expenses 2022: $1,879,114Net Income 2022: -$1,795,3952022Revenue 2023: $497,569Expenses 2023: $1,566,859Net Income 2023: -$1,069,2902023Revenue 2024: -$1,976,745Expenses 2024: $834,298Net Income 2024: -$2,811,0432024

Highlighted filing

2015

Revenue$4,360,067
Expenses$20,816
Net Income$4,339,251
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 26, 2016
Return Version
2015v2.1
Gross Receipts
$4,519,959
Mission and Program Overview

Mission

The organization seeks to foster meaningful job growth, lessen the burdens of the governments of winston-salem and forsyth county by preventing economic deterioration of an at-risk area, and support the mission of local educational institutions by providing access to education and research facilities.

The organization seeks to foster meaningful job growth, lessen the burdens of the governments of winston-salem and forsyth county by preventing economic deterioration of an at-risk area, and support the mission of local educational institutions by providing access to educations and research facilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$3,046,502-
Loans From Officers Directors-$852,500-
Cash and Non-Interest-Bearing Accounts-$144,849-
Total Assets$0$10,428,101▲ $10,428,101
Other Assets Total-$7,236,750-
Liabilities
Unsecured Notes Loans Payable-$4,077,500-
Accounts Payable and Accrued Expenses-$1,158,850-
Total Liabilities$0$6,088,850▲ $6,088,850
Net Assets / Fund Balance
Unrestricted Net Assets-$4,339,251-
Total Net Assets Fund Balance$0$4,339,251▲ $4,339,251
Total Liabilities and Net Assets / Fund Balance$0$10,428,101▲ $10,428,101

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$7,236,750--
Compensation and Service Providers
Top Officer Pay18th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Robert LeakPresidentPT$81,850$81,850

Board Members and Trustees

NameTitle
Donald E FlowChairman
B Hofler MilamDirector
Christopher KeshianDirector
Denise D AdamsDirector
Dr Donald MartinDirector
G William Joyner IiiDirector
J Allen JoinesDirector
Jimmy FlytheDirector
Joe BuddDirector
John Whitaker JrDirector
Michael BaughanDirector
Ron WellmanDirector
Stan KellyDirector
Steven R BerlinSec/treasure
Revenue and Support

Revenue Composition

Contributions and Grants
$4,447,027
Program Service Revenue
$0
Investment Income
$1,502
Other Revenue
$-88,462
All Other Contributions
$3,814,800
Change in Net Assets
$4,339,251

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Commercial1$3,814,800Tax Value
Total Noncash Contributions1$3,814,800-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,360,067
Total Revenue per Audited Statements
$4,360,067
Total Revenue per Form 990
$4,360,067
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$20,816
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
Office Expenses$2,384--$2,384
Fees for Services Accounting-$1,800-$1,800
Advertising$825--$825
Other Expenses$320$260-$260
Travel$23--$23
Total Functional Expenses$17,733$3,083$0$20,816

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$20,816
Total Expenses per Audited Statements$20,816
Total Expenses per Form 990$20,816
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$852,500-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

“Wake forest university, winston-salem business, inc. And winston-salem alliance have the right to designate two persons from among their respective directors, executive officers, or senior management personnel to act as directors of the corporation”

Form 990, Page 6, Part VI, Line 11B

“990 is reviewed by the board prior to filing”

Form 990, Page 6, Part VI, Line 19

“Governing documents,tax returns and financial statements are all available upon request”

Filing and Contact Details

Filer

Filer Name
Wpda Inc
EIN
45-3814914
Phone
3367238955
Address
1080 W FOURTH STREET, WINSTONSALEM, NC 27101

Signing Officer

Name
Robert Leak
Title
President
Phone
3367238955
Signed
2016-08-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Leak
Formed
2014
Legal Domicile
Nc
Voting Board Members
15
Independent Board Members
15
Employees
0

Preparer

Firm
Cannon & Company Llp
Address
2160 COUNTRY CLUB RD, WINSTONSALEM, NC 27104-4208
Preparer
Richard J Tamer
Phone
3367250635
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The organization seeks to foster meaningful job growth, lessen the burdens of the governments of winston-salem and forsyth county by preventing economic deterioration of an at-risk area, and support the mission of local educational institutions by providing access to educations and research facilities.”

Financial Statement Notes

Schedule D, Page 3, Part X

“The organization is an exempt organization under section 501(c)(3) of the united states internal revenue code. The organization is subject to income tax on unrelated business income. The organization believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. The organization's forms 990, return of organization exempt from income tax for 2015, 2014, and 2013 are subject to examination by the irs, generally for three years after they are filed.”

Raw XML AppendixShowing 400 of 406 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01158850
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE ORGANIZATION SEEKS TO FOSTER MEANINGFUL JOB GROWTH, LESSEN THE BURDENS OF THE GOVERNMENTS OF WINSTON-SALEM AND FORSYTH COUNTY BY PREVENTING ECONOMIC DETERIORATION OF AN AT-RISK AREA, AND SUPPORT THE MISSION OF LOCAL EDUCATIONAL INSTITUTIONS BY PROVIDING ACCESS TO EDUCATIONS AND RESEARCH FACILITIES.
IRS990/AdvertisingGrp/ProgramServicesAmt0825
IRS990/AdvertisingGrp/TotalAmt0825
IRS990/AllOtherContributionsAmt03814800
IRS990/AuditCommitteeInd0false
IRS990/BooksInCareOfDetail/PersonNm0ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum03367238955
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01080 W FOURTH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0WINSTONSALEM
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027101
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/EOYAmt0144849
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt04447027
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01502
IRS990/CYOtherExpensesAmt020816
IRS990/CYOtherRevenueAmt0-88462
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt04339251
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt020816
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04360067
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0AQUIRE CERTAIN LAND, BUILDINGS AND IMPROVEMENTS IN THE WHITAKER PARK FORMER TOBACCO MANUFACTURING FACILITY AND CERTAIN SURROUNDING PROPERTIES AND TO REUSE AND REDEVELOP SUCH PROPERTY TO INCLUDE RESEARCH AND LABORATORY SPACE, FACILITIES FOR ADVANCED MANUFACTURING, DISTRIBUTION AND EDUCATION AND MULTI-FAMILY RESIDENTIAL AND OTHER COMPONENTS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt017733
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01800
IRS990/FeesForServicesAccountingGrp/TotalAmt01800
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt015.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
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/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/PersonNm0ROBERT LEAK
IRS990/Form990PartVIISectionAGrp/PersonNm1DENISE D ADAMS
IRS990/Form990PartVIISectionAGrp/PersonNm2STEVEN R BERLIN
IRS990/Form990PartVIISectionAGrp/PersonNm3JOE BUDD
IRS990/Form990PartVIISectionAGrp/PersonNm4JIMMY FLYTHE
IRS990/Form990PartVIISectionAGrp/PersonNm5MICHAEL BAUGHAN
IRS990/Form990PartVIISectionAGrp/PersonNm6DONALD E FLOW
IRS990/Form990PartVIISectionAGrp/PersonNm7J ALLEN JOINES
IRS990/Form990PartVIISectionAGrp/PersonNm8STAN KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm9G WILLIAM JOYNER III
IRS990/Form990PartVIISectionAGrp/PersonNm10CHRISTOPHER KESHIAN
IRS990/Form990PartVIISectionAGrp/PersonNm11DR DONALD MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm12B HOFLER MILAM
IRS990/Form990PartVIISectionAGrp/PersonNm13RON WELLMAN
IRS990/Form990PartVIISectionAGrp/PersonNm14JOHN WHITAKER JR
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt081850
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SEC/TREASURE
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GovernmentGrantsAmt0632227
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt04519959
IRS990/GrossRentsGrp/RealAmt071430
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt015
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InitialReturnInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt01502
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01502
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NC
IRS990/LessRentalExpensesGrp/RealAmt0159892
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0852500
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ORGANIZATION SEEKS TO FOSTER MEANINGFUL JOB GROWTH, LESSEN THE BURDENS OF THE GOVERNMENTS OF WINSTON-SALEM AND FORSYTH COUNTY BY PREVENTING ECONOMIC DETERIORATION OF AN AT-RISK AREA, AND SUPPORT THE MISSION OF LOCAL EDUCATIONAL INSTITUTIONS BY PROVIDING ACCESS TO EDUCATIONS AND RESEARCH FACILITIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesEOYAmt04339251
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-88462
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-88462
IRS990/NetUnrelatedBusTxblIncmAmt0-88462
IRS990/NoncashContributionsAmt03814800
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt02384
IRS990/OfficeExpensesGrp/TotalAmt02384
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt07236750
IRS990/OtherExpensesGrp/Desc0CLIENT HOSTING
IRS990/OtherExpensesGrp/Desc1BANK SERVICE CHARGES
IRS990/OtherExpensesGrp/Desc2EVENTS
IRS990/OtherExpensesGrp/Desc3DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01023
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1260
IRS990/OtherExpensesGrp/ProgramServicesAmt014181
IRS990/OtherExpensesGrp/ProgramServicesAmt1320
IRS990/OtherExpensesGrp/TotalAmt014181
IRS990/OtherExpensesGrp/TotalAmt11023
IRS990/OtherExpensesGrp/TotalAmt2320
IRS990/OtherExpensesGrp/TotalAmt3260
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ROBERT LEAK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt04339251
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-88462
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03046502
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0BUILDING 3,814,800
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SUPPORTING SCHEDULE
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0632227
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0632227
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01502
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01502
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0632227
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0632227
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0632227
IRS990ScheduleA/TotalSupportAmt0633729
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt020816
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt07236750
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
IRS990ScheduleD/RevenueSubtotalAmt04360067
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE. THE ORGANIZATION IS SUBJECT TO INCOME TAX ON UNRELATED BUSINESS INCOME. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION'S FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX FOR 2015, 2014, AND 2013 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueOtherAssetsAmt07236750
IRS990ScheduleD/TotalExpensesPerForm990Amt020816
IRS990ScheduleD/TotalRevenuePerForm990Amt04360067
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04360067
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt020816
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0387500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1387500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt277500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0387500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt1387500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt277500
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0DONALD E FLOW
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1JOHN CLARKE WHITAKER JR REV TRUST
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2JOE R BUDD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd2true
IRS990ScheduleL/TotalBalanceDueAmt0852500
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/RealEstateCommercialGrp/ContributionCnt01
IRS990ScheduleM/RealEstateCommercialGrp/MethodOfDeterminingRevenuesTxt0TAX VALUE
IRS990ScheduleM/RealEstateCommercialGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateCommercialGrp/NoncashContributionsRptF990Amt03814800
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION SEEKS TO FOSTER MEANINGFUL JOB GROWTH, LESSEN THE BURDENS OF THE GOVERNMENTS OF WINSTON-SALEM AND FORSYTH COUNTY BY PREVENTING ECONOMIC DETERIORATION OF AN AT-RISK AREA, AND SUPPORT THE MISSION OF LOCAL EDUCATIONAL INSTITUTIONS BY PROVIDING ACCESS TO EDUCATIONS AND RESEARCH FACILITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WAKE FOREST UNIVERSITY, WINSTON-SALEM BUSINESS, INC. AND WINSTON-SALEM ALLIANCE HAVE THE RIGHT TO DESIGNATE TWO PERSONS FROM AMONG THEIR RESPECTIVE DIRECTORS, EXECUTIVE OFFICERS, OR SENIOR MANAGEMENT PERSONNEL TO ACT AS DIRECTORS OF THE CORPORATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2990 IS REVIEWED BY THE BOARD PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS,TAX RETURNS AND FINANCIAL STATEMENTS ARE ALL AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsEOYAmt010428101
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt010428101
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt04447027
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03083
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt017733
IRS990/TotalFunctionalExpensesGrp/TotalAmt020816
IRS990/TotalGrossUBIAmt0-88462
IRS990/TotalLiabilitiesEOYAmt06088850
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt06088850
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04339251
IRS990/TotalProgramServiceExpensesAmt017733
IRS990/TotalRevenueGrp/ExclusionAmt01502
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04360067
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0-88462
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt010428101
IRS990/TotReportableCompRltdOrgAmt081850
IRS990/TravelGrp/ProgramServicesAmt023
IRS990/TravelGrp/TotalAmt023
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/EOYAmt04339251
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt04077500
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01080 WEST FOURTH STREET
IRS990/USAddress/CityNm0WINSTONSALEM
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027101
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0WWW.WSBUSINESSINC.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT LEAK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03367238955
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-08-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WPDA INC
ReturnHeader/Filer/BusinessNameControlTxt0WPDA
ReturnHeader/Filer/EIN0453814914
ReturnHeader/Filer/PhoneNum03367238955
ReturnHeader/Filer/USAddress/AddressLine1Txt01080 W FOURTH STREET
ReturnHeader/Filer/USAddress/CityNm0WINSTONSALEM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027101
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0560727655
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CANNON & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02160 COUNTRY CLUB RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WINSTONSALEM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0271044208
ReturnHeader/PreparerPersonGrp/PhoneNum03367250635
ReturnHeader/PreparerPersonGrp/PreparationDt02016-08-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD J TAMER

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,428,101
Liabilities
$6,088,850
Net assets
$4,339,251
Revenue
$4,360,067
Expenses
$20,816
Net income
$4,339,251
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$12.9$0.61$12.3$1.98$0.83$2.81
2023Detailed filing. Detailed filing data is available for this year.$15.3$0.61$14.7$0.50$1.57$1.07
2022Detailed filing. Detailed filing data is available for this year.$16.6$1.06$15.5$0.08$1.88$1.80
2021Detailed filing. Detailed filing data is available for this year.$18.7$1.10$17.6$4.64$1.57$6.21
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.
2019Detailed filing. Detailed filing data is available for this year.$30.4$9.71$20.7$0.19$0.82$1.01
2018Detailed filing. Detailed filing data is available for this year.$32.9$10.9$22.0$18.2$0.66$18.8
2017Detailed filing. Detailed filing data is available for this year.$53.4$12.5$40.9$37.3$0.74$36.6
2016Detailed filing. Detailed filing data is available for this year.$12.1$7.85$4.25$0.16$0.25$0.09
2015Detailed filing. Detailed filing data is available for this year.$10.4$6.09$4.34$4.36$0.02$4.34
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • NTEE S30 • $10M-$25M nonprofits