Civic Intelligence

Wake Forest University

990 • Fiscal year 2013 • EIN 56-0532138

Jul 01, 2012 to Jun 30, 2013 • Filed on May 13, 2014

PO Box 720127109
Siviq Scores

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

Liabilities / Assets

42nd percentile

0.33x

Higher debt load relative to assets than 42% of similar nonprofits.

2013 filings • 501(c)3 • $1B+ nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

86th percentile

19%

Faster asset growth than 86% of similar nonprofits.

2013 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$1,447,663,313

Up $226,523,939 (+19%) from 2012

Net Assets

Up

$975,031,857

Up $95,108,763 (+11%) from 2012

Liabilities

Up

$472,631,456

Up $131,415,176 (+39%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$414,540,069

Up $14,137,952 (+3.5%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0B$2.0B$1.0B$0Assets 2010: $1,076,404,288Liabilities 2010: $321,010,163Net Assets 2010: $755,394,1252010Assets 2011: $1,213,005,269Liabilities 2011: $325,447,085Net Assets 2011: $887,558,1842011Assets 2012: $1,221,139,374Liabilities 2012: $341,216,280Net Assets 2012: $879,923,0942012Assets 2013: $1,447,663,313Liabilities 2013: $472,631,456Net Assets 2013: $975,031,8572013Assets 2014: $1,503,979,756Liabilities 2014: $428,968,742Net Assets 2014: $1,075,011,0142014Assets 2015: $1,567,238,243Liabilities 2015: $445,378,214Net Assets 2015: $1,121,860,0292015Assets 2016: $1,611,251,705Liabilities 2016: $492,237,636Net Assets 2016: $1,119,014,0692016Assets 2017: $1,824,862,917Liabilities 2017: $541,295,485Net Assets 2017: $1,283,567,4322017Assets 2018: $1,919,040,249Liabilities 2018: $556,705,829Net Assets 2018: $1,362,334,4202018Assets 2019: $2,089,648,634Liabilities 2019: $651,432,125Net Assets 2019: $1,438,216,5092019Assets 2020: $2,139,822,388Liabilities 2020: $697,653,121Net Assets 2020: $1,442,169,2672020Assets 2021: $2,570,183,256Liabilities 2021: $810,138,099Net Assets 2021: $1,760,045,1572021Assets 2022: $2,572,484,456Liabilities 2022: $782,553,773Net Assets 2022: $1,789,930,6832022Assets 2023: $2,655,159,124Liabilities 2023: $802,519,631Net Assets 2023: $1,852,639,4932023Assets 2024: $2,804,123,401Liabilities 2024: $816,627,859Net Assets 2024: $1,987,495,5422024

Highlighted filing

2013

Assets$1,447,663,313
Liabilities$472,631,456
Net Assets$975,031,857

Operations Trend

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

$800M$600M$400M$200M$0Expenses 2010: $353,610,5692010Expenses 2011: $381,652,2702011Expenses 2012: $400,402,1172012Expenses 2013: $414,540,0692013Revenue 2014: $516,247,009Expenses 2014: $451,348,045Net Income 2014: $64,898,9642014Revenue 2015: $541,016,369Expenses 2015: $453,328,263Net Income 2015: $87,688,1062015Revenue 2016: $482,299,853Expenses 2016: $478,079,836Net Income 2016: $4,220,0172016Revenue 2017: $650,698,331Expenses 2017: $497,688,005Net Income 2017: $153,010,3262017Revenue 2018: $583,361,532Expenses 2018: $514,451,794Net Income 2018: $68,909,7382018Revenue 2019: $636,454,264Expenses 2019: $553,710,404Net Income 2019: $82,743,8602019Revenue 2020: $583,443,727Expenses 2020: $577,597,318Net Income 2020: $5,846,4092020Revenue 2021: $681,736,258Expenses 2021: $585,188,441Net Income 2021: $96,547,8172021Revenue 2022: $715,438,504Expenses 2022: $627,965,784Net Income 2022: $87,472,7202022Revenue 2023: $686,860,190Expenses 2023: $654,792,741Net Income 2023: $32,067,4492023Revenue 2024: $764,367,570Expenses 2024: $705,687,576Net Income 2024: $58,679,9942024

Highlighted filing

2013

Revenue-
Expenses$414,540,069
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
May 13, 2014
Return Version
2012v2.0
Gross Receipts
$1,186,597,126
Mission and Program Overview

Mission

Wake Forest University, a 501(c)(3) institution of higher education, is dedicated to the pursuit of excellence in the liberal arts and in graduate and professional education.The organization is comprised of six constituent parts: Wake Forest College; the Graduate School of Arts and Sciences; the School of Law; the School of Medicine; the School of Business; and the School of Divinity. It seeks to honor the ideals of liberal learning, which entail commitment to transmission of cultural heritages; teaching the modes of learning in the basic disciplines of human knowledge; developing critical appreciation of moral, aesthetic and religious values; advancing the frontiers of knowledge through in-depth study and research; and applying knowledge in the service of humanity.

Major Activities

Activity 2
Wake Forest maintains campus bookstores, housing and dining facilities, mail services and other program services, including Athletics. Athletic scholarships provided funding for 278 athletes during the fiscal year. The Wake Forest conference center serves both University and external constituencies. WFDD-FM Radio, the University's Public Broadcasting Station, provides a venue for teaching and learning as well as communication. The station serves the 32-county Winston-Salem, Greensboro, High Point market bringing music and culture, news and information to the public at large.
Activity 3
Wake Forest University maintains a campus with academic buildings, research laboratories, student dormitories, with space for fraternities and sororities, and recreational facilities. The grounds add to the student experience. The organization also has other auxiliary enterprises designed to enhance and improve the University and the surrounding community. The University supports, with occasional gifts, local exempt organizations, in order to enhance arts and culture in the area.
Filing and Contact Details

Filer

EIN
56-0532138
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IRS990/Activity2/Description0Wake Forest maintains campus bookstores, housing and dining facilities, mail services and other program services, including Athletics. Athletic scholarships provided funding for 278 athletes during the fiscal year. The Wake Forest conference center serves both University and external constituencies. WFDD-FM Radio, the University's Public Broadcasting Station, provides a venue for teaching and learning as well as communication. The station serves the 32-county Winston-Salem, Greensboro, High Point market bringing music and culture, news and information to the public at large.
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IRS990/Description0Instruction of approximately 7,038 students in graduate and undergraduate programs. In addition to the U.S. campus, Wake Forest maintains five student learning centers in Europe, and has numerous study abroad programs available. WFU provides opportunities for foreign students to enter degree programs at the U.S. Campus. The Office of International Programs manages the student exchange and study abroad programs, with visiting students from 51 different countries. More than 60% of our U.S. students travel abroad for at least one program. Scholarships are awarded to eligible students based on financial need and academic merit. 59.6% of the graduate and undergraduate student population received financial aid awards. Approximately 4,194 students received scholarships or grants from the institution during the year.
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IRS990/Form990PartVIISectionA/AverageHoursPerWeekRelated790.00
IRS990/Form990PartVIISectionA/Former0X
IRS990/Form990PartVIISectionA/Former1X
IRS990/Form990PartVIISectionA/Former2X
IRS990/Form990PartVIISectionA/Former3X
IRS990/Form990PartVIISectionA/HighestCompensatedEmployee0X
IRS990/Form990PartVIISectionA/HighestCompensatedEmployee1X
IRS990/Form990PartVIISectionA/HighestCompensatedEmployee2X
IRS990/Form990PartVIISectionA/HighestCompensatedEmployee3X
IRS990/Form990PartVIISectionA/HighestCompensatedEmployee4X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector0X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector1X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector2X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector3X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector4X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector5X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector6X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector7X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector8X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector9X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector10X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector11X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector12X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector13X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector14X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector15X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector16X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector17X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector18X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector19X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector20X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector21X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector22X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector23X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector24X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector25X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector26X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector27X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector28X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector29X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector30X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector31X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector32X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector33X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector34X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector35X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector36X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector37X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector38X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector39X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector40X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector41X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector42X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector43X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector44X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector45X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector46X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector47X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector48X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector49X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector50X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector51X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector52X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector53X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector54X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector55X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector56X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector57X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector58X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector59X
IRS990/Form990PartVIISectionA/KeyEmployee0X
IRS990/Form990PartVIISectionA/KeyEmployee1X
IRS990/Form990PartVIISectionA/KeyEmployee2X
IRS990/Form990PartVIISectionA/KeyEmployee3X
IRS990/Form990PartVIISectionA/NamePerson0Michael AJ Farrell deceased
IRS990/Form990PartVIISectionA/NamePerson1Graham W Denton Jr deceased
IRS990/Form990PartVIISectionA/NamePerson2John M Vann
IRS990/Form990PartVIISectionA/NamePerson3Seth H Waugh
IRS990/Form990PartVIISectionA/NamePerson4Benjamin C Sutton Jr
IRS990/Form990PartVIISectionA/NamePerson5Adelaide A Sink
IRS990/Form990PartVIISectionA/NamePerson6Andrew J Schindler
IRS990/Form990PartVIISectionA/NamePerson7Jay G Sehgal
IRS990/Form990PartVIISectionA/NamePerson8Ogden Phipps II
IRS990/Form990PartVIISectionA/NamePerson9Wade W Murphy
IRS990/Form990PartVIISectionA/NamePerson10Alice Kirby Horton
IRS990/Form990PartVIISectionA/NamePerson11James R Helvey III
IRS990/Form990PartVIISectionA/NamePerson12Kathleen B French MD
IRS990/Form990PartVIISectionA/NamePerson13Curtis C Farmer
IRS990/Form990PartVIISectionA/NamePerson14Matthew A King
IRS990/Form990PartVIISectionA/NamePerson15Mary R Farrell
IRS990/Form990PartVIISectionA/NamePerson16Charles Jeff Young
IRS990/Form990PartVIISectionA/NamePerson17Katherine B Wright
IRS990/Form990PartVIISectionA/NamePerson18James T Williams Jr
IRS990/Form990PartVIISectionA/NamePerson19David I Wahrhaftig
IRS990/Form990PartVIISectionA/NamePerson20Cathy Wall Thomas MD
IRS990/Form990PartVIISectionA/NamePerson21Lloyd P Tate Jr
IRS990/Form990PartVIISectionA/NamePerson22Janice K Story
IRS990/Form990PartVIISectionA/NamePerson23Mitesh B Shah
IRS990/Form990PartVIISectionA/NamePerson24Frederick W Eubank II
IRS990/Form990PartVIISectionA/NamePerson25Deborah K Rubin
IRS990/Form990PartVIISectionA/NamePerson26Harold O Rosser
IRS990/Form990PartVIISectionA/NamePerson27Gerald F Roach

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2,804$817$1,987$764$706$58.7
2023Summary only. Only limited summary data is available for this year.$2,655$803$1,853$687$655$32.1
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2,572$783$1,790$715$628$87.5
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2,570$810$1,760$682$585$96.5
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2,140$698$1,442$583$578$5.85
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2,090$651$1,438$636$554$82.7
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,919$557$1,362$583$514$68.9
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,825$541$1,284$651$498$153
2016Detailed filing. Detailed filing data is available for this year.$1,611$492$1,119$482$478$4.22
2015Detailed filing. Detailed filing data is available for this year.$1,567$445$1,122$541$453$87.7
2014Detailed filing. Detailed filing data is available for this year.$1,504$429$1,075$516$451$64.9
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,448$473$975$415
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,221$341$880$400
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,213$325$888$382
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,076$321$755$354