Civic Intelligence

Wake Enterprises Inc.

990 • Fiscal year 2017 • EIN 56-1248778

Jul 01, 2016 to Jun 30, 2017 • Filed on Dec 22, 2017

Organization Profilewww.wake-enterprises.org

View Organization Page

3548 Bush StreetRaleigh, NC 27609

(919) 714-6100

Siviq Scores

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

Liabilities / Assets

91st percentile

0.62x

Higher debt load relative to assets than 91% of similar nonprofits.

2017 filings • NTEE J • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

98th percentile

1.14x

Higher debt load relative to revenue than 98% of similar nonprofits.

2017 filings • NTEE J • $1M-$5M nonprofits • Source year 2017

Net Margin

13th percentile

-8.1%

Higher net margin than 13% of similar nonprofits.

2017 filings • NTEE J • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

33rd percentile

$80,212

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2017 filings • NTEE J • $1M-$5M nonprofits • Source year 2017

Asset Growth

17th percentile

-6.0%

Faster asset growth than 17% of similar nonprofits.

2017 filings • NTEE J • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

29th percentile

-2.1%

Faster revenue growth than 29% of similar nonprofits.

2017 filings • NTEE J • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets91st percentile

Assets

Down

$4,418,646

Down $283,418 (-6.0%) from 2016

Net Assets

Down

$1,672,898

Down $194,597 (-10%) from 2016

Liabilities

Down

$2,745,748

Down $88,821 (-3.1%) from 2016

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin13th percentile

Revenue

Down

$2,413,865

Down $50,697 (-2.1%) from 2016

Expenses

Down

$2,608,462

Down $62,456 (-2.3%) from 2016

Net Income

Up

-$194,597

Up $11,759 (+5.7%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth17th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $5,230,571Liabilities 2011: $3,591,943Net Assets 2011: $1,638,6282011Assets 2012: $5,084,257Liabilities 2012: $3,489,440Net Assets 2012: $1,594,8172012Assets 2013: $4,994,848Liabilities 2013: $3,359,682Net Assets 2013: $1,635,1662013Assets 2014: $4,855,823Liabilities 2014: $3,251,098Net Assets 2014: $1,604,7252014Assets 2015: $4,923,322Liabilities 2015: $2,849,471Net Assets 2015: $2,073,8512015Assets 2016: $4,702,064Liabilities 2016: $2,834,569Net Assets 2016: $1,867,4952016Assets 2017: $4,418,646Liabilities 2017: $2,745,748Net Assets 2017: $1,672,8982017Assets 2018: $4,201,737Liabilities 2018: $2,652,660Net Assets 2018: $1,549,0772018Assets 2019: $5,727,491Liabilities 2019: $2,989,868Net Assets 2019: $2,737,6232019Assets 2020: $5,337,274Liabilities 2020: $2,762,266Net Assets 2020: $2,575,0082020Assets 2021: $4,174,485Liabilities 2021: $767,350Net Assets 2021: $3,407,1352021Assets 2022: $4,171,392Liabilities 2022: $701,985Net Assets 2022: $3,469,4072022Assets 2023: $4,227,033Liabilities 2023: $657,024Net Assets 2023: $3,570,0092023Assets 2024: $3,661,079Liabilities 2024: $39,527Net Assets 2024: $3,621,5522024

Highlighted filing

2017

Assets$4,418,646
Liabilities$2,745,748
Net Assets$1,672,898
Open 2017 Filing

Operations Trend

Revenue Growth29th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $3,180,0572011Expenses 2012: $3,317,2032012Expenses 2013: $3,073,1092013Revenue 2014: $2,962,241Expenses 2014: $2,992,682Net Income 2014: -$30,4412014Revenue 2015: $3,396,869Expenses 2015: $2,927,743Net Income 2015: $469,1262015Revenue 2016: $2,464,562Expenses 2016: $2,670,918Net Income 2016: -$206,3562016Revenue 2017: $2,413,865Expenses 2017: $2,608,462Net Income 2017: -$194,5972017Revenue 2018: $2,606,822Expenses 2018: $2,732,224Net Income 2018: -$125,4022018Revenue 2019: $2,571,692Expenses 2019: $2,971,510Net Income 2019: -$399,8182019Revenue 2020: $2,348,301Expenses 2020: $2,654,157Net Income 2020: -$305,8562020Revenue 2021: $2,774,198Expenses 2021: $2,094,794Net Income 2021: $679,4042021Revenue 2022: $2,163,605Expenses 2022: $2,078,161Net Income 2022: $85,4442022Revenue 2023: $2,398,027Expenses 2023: $2,302,435Net Income 2023: $95,5922023Revenue 2024: $2,669,860Expenses 2024: $2,623,503Net Income 2024: $46,3572024

Highlighted filing

2017

Revenue$2,413,865
Expenses$2,608,462
Net Income-$194,597
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Dec 22, 2017
Return Version
2016v3.0
Gross Receipts
$2,439,714
Mission and Program Overview

Mission

Founded in 1979, Wake Enterprises, Inc.("WE")provides vocational and social opportunities for adults with intellectual and developmental disabilities, and became the first agency in North Carolina offering supported employment in 1982. WE serves adults with intellectual and developmental disabilities including autism, Down Syndrome, traumatic brain injuries and seizure disorders.

Wake Enterprise, Inc's. mission is to assist people with disabilities to achieve their maximum level of independence.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,639,172$2,463,752▼ $175,420
Savings and Temporary Cash Investments$921,781$1,045,582▲ $123,801
Accounts Receivable$337,092$402,397▲ $65,305
Cash and Non-Interest-Bearing Accounts$618,636$386,670▼ $231,966
Prepaid Expenses and Deferred Charges$80,595$70,774▼ $9,821
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$4,702,064$4,418,646▼ $283,418
Other Assets Total$104,788$49,471▼ $55,317
Liabilities
Tax Exempt Bond Liabilities$2,685,000$2,595,394▼ $89,606
Accounts Payable and Accrued Expenses$127,568$150,354▲ $22,786
Grants Payable$22,000--
Other Liabilities$1--
Total Liabilities$2,834,569$2,745,748▼ $88,821
Net Assets / Fund Balance
Unrestricted Net Assets$1,839,165$1,664,943▼ $174,222
Temporarily Rstr Net Assets$28,330$7,955▼ $20,375
Total Net Assets Fund Balance$1,867,495$1,672,898▼ $194,597
Total Liabilities and Net Assets / Fund Balance$4,702,064$4,418,646▼ $283,418

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,662,188$1,297,484$2,959,672
Land$778,985-$778,985
Equipment$22,579$445,745$468,324

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$31,961-▲ $3,487-$35,110
2015$33,047$100▼ $867-$31,961
Compensation and Service Providers
Top Officer Pay33rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Walter WeeksExecutive DirectorFT$80,212$80,212
Rasheeda Jordan-OliverProgram Svc DirectorFT$56,788$56,788
Henry CaseyProd. DirectorFT$48,157$48,157
Oshana WatkinsAdmin. DirectorFT$47,935$47,935
Susan LemmonsFinance DirectorPT$41,633$41,633
Kathy HutchinsonProgram Svc DirectorFT$8,450$8,450

Board Members and Trustees

NameTitle
Kim BurchellPresident
Deborah Holt NoelVice President
Lorrie Gregg HargreavesVice President
Aaron WhiteDirector
Betty CampDirector
Dixie BlackmonDirector
Hal AveretteDirector
John N McClain JrDirector
Norman Camp IIIDirector
Richard Rich GrebDirector
Susan Scott DalyDirector
Wyatt BuckinghamDirector
Wayne Lewis GentrySecretary
Katherine E Katie RogersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$60,132
Program Service Revenue
$2,316,427
Investment Income
$14,371
Other Revenue
$22,935
All Other Contributions
$48,576
Change in Net Assets
$-194,597

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,413,865
Total Revenue per Audited Statements
$2,413,865
Total Revenue per Form 990
$2,413,865
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,964,829
Other Expenses$643,633
Total Fundraising Expense$12,104
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,224,020$62,677$452$1,287,149
Current Officers, Directors, Trustees, and Key Employees$102,900$175,482$4,793$283,175
Other Employee Benefits$259,274$19,370$57$278,701
Depreciation Depletion$146,423$12,974$922$160,319
Payroll Taxes$97,264$18,510$30$115,804
All Other Expenses$84,754$13,292$2,584$100,630
Interest$59,917$4,337$223$64,477
Insurance$36,046$3,203$192$39,441
Other Expenses$27,463$4,016$824$32,303
Fees for Services Accounting-$8,068-$8,068
Advertising$469$64-$533
Travel-$20-$20
Total Functional Expenses$2,255,450$340,908$12,104$2,608,462

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,608,462
Total Expenses per Audited Statements$2,608,462
Total Expenses per Form 990$2,608,462
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$33,501
Fundraising Direct Expenses$10,745
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf$20,687$20,687$10,745$9,942
Run$12,814$12,814-$12,814
Total Events$33,501$33,501$10,745$22,756
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
AIndustrial Facilities2009-02-01$3,500,000Purchase and remodel building

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

“Two members of the board have a family relationship.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The 990 will be reviewed by the Accounting Consultant and the Director of Administration. It will then be presented to the Board of Directors for approval.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Yearly conflict of interest questionnaires are given to Board members and key employees. The questionnaires are reviewed by the Executive Director. The Executive Director reports to the board any potential conflicts.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“All compensation is determined by the Executive Director except for Executive Director compensation. Our by-laws give the board the power to appoint the Executive Director to determine compensation. The board directors determines the Executive Director's compensation based on review, comparability date and contemporaneous sustantiation.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“All compensation is determined by the Executive Director except for Executive Director compensation. Our by-laws give the board the power to appoint the Executive Director to determine compensation. The board directors determines the Executive Director's compensation based on review, comparability date and contemporaneous sustantiation.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The Organization provides a completed copy to all members of the governing body at the board meeting in which the audited financial statements are presented, In the event that the return is not completed at the time of said meeting, s special meeting is called in order to receive the approval needed for filing of the 990”

Filing and Contact Details

Filer

Filer Name
Wake Enterprises Inc
EIN
56-1248778
Phone
9197146100
Address
3548 Bush Street, Raleigh, NC 27609

Signing Officer

Name
Walter Weeks
Title
Executive Director
Signed
2017-12-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Walter Weeks
Formed
1979
Legal Domicile
Nc
Voting Board Members
14
Independent Board Members
14
Employees
138
Volunteers
75

Preparer

Firm
Thomas & Gibbs Cpas Pllc
Address
6114 FAYETTEVILLE RD STE 101, DURHAM, NC 27713-6284
Preparer
Kenneth D Gibbs
Phone
9195440555
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The Organization is exempt from both federal and state income taxes for all program related income under Section 501(c)(3) of the Internal Revenue Code, except on net income derived from unrelated business activities. The Organization does not have any revenue that is subject to 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.”

Raw XML AppendixShowing 400 of 683 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/BOYAmt0127568
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0150354
IRS990/AccountsReceivableGrp/BOYAmt0337092
IRS990/AccountsReceivableGrp/EOYAmt0402397
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Wake Enterprise, Inc's. mission is to assist people with disabilities to achieve their maximum level of independence.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt064
IRS990/AdvertisingGrp/ProgramServicesAmt0469
IRS990/AdvertisingGrp/TotalAmt0533
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt048576
IRS990/AllOtherExpensesGrp/FundraisingAmt02584
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt013292
IRS990/AllOtherExpensesGrp/ProgramServicesAmt084754
IRS990/AllOtherExpensesGrp/TotalAmt0100630
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Oshana Watkins
IRS990/BooksInCareOfDetail/PhoneNum09197146168
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03548 Bush Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0Raleigh
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027609
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0618636
IRS990/CashNonInterestBearingGrp/EOYAmt0386670
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt04793
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0175482
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0102900
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0283175
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt060132
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt014371
IRS990/CYOtherExpensesAmt0643633
IRS990/CYOtherRevenueAmt022935
IRS990/CYProgramServiceRevenueAmt02316427
IRS990/CYRevenuesLessExpensesAmt0-194597
IRS990/CYSalariesCompEmpBnftPaidAmt01964829
IRS990/CYTotalExpensesAmt02608462
IRS990/CYTotalFundraisingExpenseAmt012104
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02413865
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt0922
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt012974
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0146423
IRS990/DepreciationDepletionGrp/TotalAmt0160319
IRS990/Desc0Provide adults with developmental disabilities vocational and social opportunities.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0138
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt02255450
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08068
IRS990/FeesForServicesAccountingGrp/TotalAmt08068
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt150.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt160.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt170.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt180.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt190.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1820.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1940.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd10X
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/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/PersonNm0Hal Averette
IRS990/Form990PartVIISectionAGrp/PersonNm1Dixie Blackmon
IRS990/Form990PartVIISectionAGrp/PersonNm2Wyatt Buckingham
IRS990/Form990PartVIISectionAGrp/PersonNm3Kim Burchell
IRS990/Form990PartVIISectionAGrp/PersonNm4Betty Camp
IRS990/Form990PartVIISectionAGrp/PersonNm5Norman Camp III
IRS990/Form990PartVIISectionAGrp/PersonNm6Susan Scott Daly
IRS990/Form990PartVIISectionAGrp/PersonNm7Wayne Lewis Gentry
IRS990/Form990PartVIISectionAGrp/PersonNm8Richard Rich Greb
IRS990/Form990PartVIISectionAGrp/PersonNm9Lorrie Gregg Hargreaves
IRS990/Form990PartVIISectionAGrp/PersonNm10John N McClain Jr
IRS990/Form990PartVIISectionAGrp/PersonNm11Deborah Holt Noel
IRS990/Form990PartVIISectionAGrp/PersonNm12Katherine E Katie Rogers
IRS990/Form990PartVIISectionAGrp/PersonNm13Aaron White
IRS990/Form990PartVIISectionAGrp/PersonNm14Walter Weeks
IRS990/Form990PartVIISectionAGrp/PersonNm15Henry Casey
IRS990/Form990PartVIISectionAGrp/PersonNm16Rasheeda Jordan-Oliver
IRS990/Form990PartVIISectionAGrp/PersonNm17Oshana Watkins
IRS990/Form990PartVIISectionAGrp/PersonNm18Susan Lemmons
IRS990/Form990PartVIISectionAGrp/PersonNm19Kathy Hutchinson
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/ReportableCompFromOrgAmt1480212
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1548157
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1656788
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1747935
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1841633
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt198450
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3President
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt12Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt15Prod. Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Program Svc Dir
IRS990/Form990PartVIISectionAGrp/TitleTxt17Admin. Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Finance Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt19Program Svc Dir
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01979
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt010745
IRS990/FundraisingGrossIncomeAmt033501
IRS990/GainOrLossGrp/OtherAmt04896
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt011556
IRS990/GrantsPayableGrp/BOYAmt022000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt020000
IRS990/GrossReceiptsAmt02439714
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/FundraisingAmt0192
IRS990/InsuranceGrp/ManagementAndGeneralAmt03203
IRS990/InsuranceGrp/ProgramServicesAmt036046
IRS990/InsuranceGrp/TotalAmt039441
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/FundraisingAmt0223
IRS990/InterestGrp/ManagementAndGeneralAmt04337
IRS990/InterestGrp/ProgramServicesAmt059917
IRS990/InterestGrp/TotalAmt064477
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt09475
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt09475
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01743229
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02639172
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02463752
IRS990/LandBldgEquipCostOrOtherBssAmt04206981
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt015104
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Founded in 1979, Wake Enterprises, Inc.("WE")provides vocational and social opportunities for adults with intellectual and developmental disabilities, and became the first agency in North Carolina offering supported employment in 1982. WE serves adults with intellectual and developmental disabilities including autism, Down Syndrome, traumatic brain injuries and seizure disorders.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01867495
IRS990/NetAssetsOrFundBalancesEOYAmt01672898
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt04896
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt04896
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt022756
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt022756
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoncashContributionsAmt05129
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt0104788
IRS990/OtherAssetsTotalGrp/EOYAmt049471
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt057
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt019370
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0259274
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0278701
IRS990/OtherExpensesGrp/Desc0Maintenance and repairs
IRS990/OtherExpensesGrp/Desc1Utilities
IRS990/OtherExpensesGrp/Desc2Supplies
IRS990/OtherExpensesGrp/Desc3Telephone
IRS990/OtherExpensesGrp/FundraisingAmt0680
IRS990/OtherExpensesGrp/FundraisingAmt1393
IRS990/OtherExpensesGrp/FundraisingAmt2954
IRS990/OtherExpensesGrp/FundraisingAmt3824
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08617
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15888
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt24390
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt34016
IRS990/OtherExpensesGrp/ProgramServicesAmt0104788
IRS990/OtherExpensesGrp/ProgramServicesAmt171958
IRS990/OtherExpensesGrp/ProgramServicesAmt240174
IRS990/OtherExpensesGrp/ProgramServicesAmt327463
IRS990/OtherExpensesGrp/TotalAmt0114085
IRS990/OtherExpensesGrp/TotalAmt178239
IRS990/OtherExpensesGrp/TotalAmt245518
IRS990/OtherExpensesGrp/TotalAmt332303
IRS990/OtherLiabilitiesGrp/BOYAmt01
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0179
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0179
IRS990/OtherRevenueTotalAmt0179
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0452
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt062677
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01224020
IRS990/OtherSalariesAndWagesGrp/TotalAmt01287149
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt030
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt018510
IRS990/PayrollTaxesGrp/ProgramServicesAmt097264
IRS990/PayrollTaxesGrp/TotalAmt0115804
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt080595
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt070774

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,418,646
Liabilities
$2,745,748
Net assets
$1,672,898
Revenue
$2,413,865
Expenses
$2,608,462
Net income
-$194,597
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.66$0.04$3.62$2.67$2.62$0.05
2023Detailed filing. Detailed filing data is available for this year.$4.23$0.66$3.57$2.40$2.30$0.10
2022Detailed filing. Detailed filing data is available for this year.$4.17$0.70$3.47$2.16$2.08$0.09
2021Detailed filing. Detailed filing data is available for this year.$4.17$0.77$3.41$2.77$2.09$0.68
2020Detailed filing. Detailed filing data is available for this year.$5.34$2.76$2.58$2.35$2.65$0.31
2019Detailed filing. Detailed filing data is available for this year.$5.73$2.99$2.74$2.57$2.97$0.40
2018Detailed filing. Detailed filing data is available for this year.$4.20$2.65$1.55$2.61$2.73$0.13
2017Detailed filing. Detailed filing data is available for this year.$4.42$2.75$1.67$2.41$2.61$0.19
2016Detailed filing. Detailed filing data is available for this year.$4.70$2.83$1.87$2.46$2.67$0.21
2015Detailed filing. Detailed filing data is available for this year.$4.92$2.85$2.07$3.40$2.93$0.47
2014Detailed filing. Detailed filing data is available for this year.$4.86$3.25$1.60$2.96$2.99$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.99$3.36$1.64$3.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.08$3.49$1.59$3.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.23$3.59$1.64$3.18