Civic Intelligence

Wake Forest University

990T • Fiscal year 2021 • EIN 56-0532138

Jul 01, 2020 to Jun 30, 2021 • Filed on May 05, 2022

1834 Wake Forest Road Box 7201WinstonSalem, NC 27109

(336) 758-5233

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

-

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

-

No earlier filing loaded for comparison.

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

Latest loaded filing

2024

Assets$2,804,123,401
Liabilities$816,627,859
Net Assets$1,987,495,542

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

Latest loaded filing

2024

Revenue$764,367,570
Expenses$705,687,576
Net Income$58,679,994
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 5, 2022
Return Version
2020v1.3
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.

Filing and Contact Details

Filer

Filer Name
Wake Forest University
EIN
56-0532138
Phone
3367585233
Address
1834 Wake Forest Road Box 7201, WinstonSalem, NC 27109

Signing Officer

Name
Bruce Hofler Milam
Title
EVP/CFO/Treasurer
Phone
3367585233
Signed
2022-05-05
Raw XML Appendix370 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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IRS4562/TotalDepreciationAmt327482
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IRS990T/BooksInCareOfDetail/PersonNm0Marnie S Matthews
IRS990T/BooksInCareOfDetail/PhoneNum03367585233
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt01834 Wake Forest Road PO Box 7201
IRS990T/BooksInCareOfDetail/USAddress/CityNm0WinstonSalem
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IRS990TScheduleA/InterestDeductionAmt15652
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IRS990TScheduleA/ItmzdSupplementalInfoGrp/ExplanationTxt0Partnership flow-through unrelated business income: Baupost Value Partners IV 26-2208448 (158,662) Inception Micro Angel, LLC 30-0316178 (331) JZ International LLC 52-2111714 (9078) AC&M Group, LLC 55-0855909 28,984 Medical Quality Enhancement 20-1104939 (43)
IRS990TScheduleA/ItmzdSupplementalInfoGrp/ExplanationTxt1Partnership flow-through unrelated business income: Verger Capital Fund, LLC 46-4027021 (968,544)
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IRS990TScheduleA/NetGrossReceiptsOrSalesAmt21592962
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IRS990TScheduleA/PurchasesAmt00
IRS990TScheduleA/RepairsAndMaintenanceAmt0528
IRS990TScheduleA/RepairsAndMaintenanceAmt1115
IRS990TScheduleA/RepairsAndMaintenanceAmt213506
IRS990TScheduleA/RepairsAndMaintenanceAmt3179
IRS990TScheduleA/RepairsAndMaintenanceAmt4110476
IRS990TScheduleA/RepairsAndMaintenanceAmt512038
IRS990TScheduleA/SalariesAndWagesAmt0135655
IRS990TScheduleA/SalariesAndWagesAmt15397
IRS990TScheduleA/SalariesAndWagesAmt218919
IRS990TScheduleA/SalariesAndWagesAmt3120121
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IRS990T/TotalUBTIBeforeNOLSpecificAmt051322
IRS990T/TotalUBTIComputedAmt051322
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Bruce Hofler Milam
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EVP/CFO/Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum03367585233
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Wake Forest University
ReturnHeader/Filer/BusinessNameControlTxt0WAKE
ReturnHeader/Filer/EIN0560532138
ReturnHeader/Filer/PhoneNum03367585233
ReturnHeader/Filer/USAddress/AddressLine1Txt01834 Wake Forest Road Box 7201
ReturnHeader/Filer/USAddress/CityNm0WinstonSalem
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027109
ReturnHeader/ReturnTs02023-05-09T13:15:39-05:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Bruce
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Hofler Milam
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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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
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.
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