Civic Intelligence

Wake Enterprises Inc.

990 • Fiscal year 2020 • EIN 56-1248778

Jul 01, 2019 to Jun 30, 2020 • Filed on May 17, 2021

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

77th percentile

0.52x

Higher debt load relative to assets than 77% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

83rd percentile

1.18x

Higher debt load relative to revenue than 83% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

18th percentile

-13%

Higher net margin than 18% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

97th percentile

$808,064

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 34.4% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

10th percentile

-6.8%

Faster asset growth than 10% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

30th percentile

-8.7%

Faster revenue growth than 30% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets77th percentile

Assets

Down

$5,337,274

Down $390,217 (-6.8%) from 2019

Net Assets

Down

$2,575,008

Down $162,615 (-5.9%) from 2019

Liabilities

Down

$2,762,266

Down $227,602 (-7.6%) from 2019

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin18th percentile

Revenue

Down

$2,348,301

Down $223,391 (-8.7%) from 2019

Expenses

Down

$2,654,157

Down $317,353 (-11%) from 2019

Net Income

Up

-$305,856

Up $93,962 (+24%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth10th 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

2020

Assets$5,337,274
Liabilities$2,762,266
Net Assets$2,575,008
Open 2020 Filing

Operations Trend

Revenue Growth30th 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

2020

Revenue$2,348,301
Expenses$2,654,157
Net Income-$305,856
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 17, 2021
Return Version
2019v5.2
Gross Receipts
$2,348,301
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$4,019,347$3,949,723▼ $69,624
Savings and Temporary Cash Investments$936,169$649,348▼ $286,821
Accounts Receivable$523,567$338,388▼ $185,179
Cash and Non-Interest-Bearing Accounts$189,542$296,668▲ $107,126
Prepaid Expenses and Deferred Charges$20,801$4,034▼ $16,767
Total Assets$5,727,491$5,337,274▼ $390,217
Other Assets Total$38,065$99,113▲ $61,048
Liabilities
Mortgage Notes Payable Secured by Investment Property-$2,502,242-
Tax Exempt Bond Liabilities$2,386,160--
Other Liabilities$543,889$195,388▼ $348,501
Accounts Payable and Accrued Expenses$59,819$58,973▼ $846
Deferred Revenue-$5,663-
Total Liabilities$2,989,868$2,762,266▼ $227,602
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,735,418$2,575,008▼ $160,410
Net Assets With Donor Restrictions$2,205$0▼ $2,205
Total Net Assets Fund Balance$2,737,623$2,575,008▼ $162,615
Total Liabilities and Net Assets / Fund Balance$5,727,491$5,337,274▼ $390,217

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,672,277$146,221$2,818,498
Land$1,229,060-$1,229,060
Equipment$45,886$33,470$79,356
Other Land Buildings$2,500-$2,500

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$38,065-▲ $1,874-$39,881
2018$37,010-▲ $1,241-$38,065
2017$35,110-▲ $2,252-$37,010
2016$31,961-▲ $3,487-$35,110
2015$33,047$100▼ $867-$31,961
Compensation and Service Providers
Top Officer Pay97th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Oshana WatkinsInterim PresidentFT$90,293$578$90,871

Board Members and Trustees

NameTitle
Deborah Holt NoelFirst Vice Chair
Lorrie Gregg HargreavesSecond Vice Chair
Betty CampDirector
Dixie BlackmonDirector
Jay Deppeler IvDirector
Richard GrebDirector
Susan Scott DalyDirector
Wyatt BuckinghamDirector
Janis L AndrzjewskiSecretary N/v
Joe LeoneTreasurer N/v
Revenue and Support

Revenue Composition

Contributions and Grants
$111,336
Program Service Revenue
$2,196,351
Investment Income
$12,289
Other Revenue
$28,325
All Other Contributions
$57,501
Change in Net Assets
$-305,856
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,654,157
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
Fees for Services Other$1,731,749$184,319-$1,916,068
Depreciation Depletion$170,311--$170,311
Interest$128,815--$128,815
Occupancy$73,473--$73,473
Travel$58,126--$58,126
Other Expenses$45,625--$45,625
Insurance$39,233--$39,233
Advertising$21,413--$21,413
Total Functional Expenses$2,469,838$184,319$0$2,654,157
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Ppp Loan$195,259
Due to Sc$129
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
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
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Wake enterprises entered into a management and services agreement with apis services. All employees of wake enterprises are now employees of apis services.”

Form 990, Part VI, Section B, Line 11B

“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, a special meeting is called in order to receive the approval needed for filing of the 990.”

Form 990, Part VI, Section B, Line 12C

“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, Section B, Line 15

“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 and to determine compensation. The board of directors determine the executive director's compensation based on review, comparability data, and contemporaneous sustantiation.”

Form 990, Part VI, Section C, Line 18

“Documents are available upon request.”

Form 990, Part VI, Section C, Line 19

“Documents are available upon request.”

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
Oshana Watkins
Title
Interim President
Phone
9197146100
Signed
2021-05-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Oshana Watkins
Formed
1979
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
7
Employees
0
Volunteers
75

Preparer

Firm
MAHER DUESSEL CPA'S
Address
1800 LINGLESTOWN ROAD SUITE 306, HARRISBURG, PA 17110
Phone
7172321230
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Contracted professional services: program service expenses 120,778. Management and general expenses 184,319. Fundraising expenses 0. Total expenses 305,097. Contracted personnel: program service expenses 1,610,971. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,610,971.”

FORM 990, PART XI, LINE 9:

“Ppp loan revenue cannot be recognized until forgiveness is received 143,241.”

Financial Statement Notes

PART V, LINE 4:

“The board designated endowment fund is devoted to the support of wake enterprises, inc. General operating support.”

PART X, LINE 2:

“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 service 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.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“FUNDRAISING EXPENSE”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“FUNDRAISING EXPENSES”

Raw XML AppendixShowing 400 of 749 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt059819
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt058973
IRS990/AccountsReceivableGrp/BOYAmt0523567
IRS990/AccountsReceivableGrp/EOYAmt0338388
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0WAKE ENTERPRISE, INC.'S MISSION IS TO ASSIST PEOPLE WITH DISABILITIES TO ACHIEVE THEIR MAXIMUM LEVEL OF INDEPENDENCE.
IRS990/AdvertisingGrp/ProgramServicesAmt021413
IRS990/AdvertisingGrp/TotalAmt021413
IRS990/AllOtherContributionsAmt057501
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JOSEPH LEONE
IRS990/BooksInCareOfDetail/PhoneNum04843504202
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0120 PROSPECT STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0READING
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd019606
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0189542
IRS990/CashNonInterestBearingGrp/EOYAmt0296668
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0111336
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt012289
IRS990/CYOtherExpensesAmt02654157
IRS990/CYOtherRevenueAmt028325
IRS990/CYProgramServiceRevenueAmt02196351
IRS990/CYRevenuesLessExpensesAmt0-305856
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt02654157
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02348301
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/EOYAmt05663
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0170311
IRS990/DepreciationDepletionGrp/TotalAmt0170311
IRS990/Desc0PROVIDE ADULTS WITH DEVELOPMENTAL DISABILITIES VOCATIONAL OR SOCIAL OPPORTUNITIES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt02205
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02469838
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0184319
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01731749
IRS990/FeesForServicesOtherGrp/TotalAmt01916068
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt055.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt27630
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt5578
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt65126
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0DIXIE BLACKMON
IRS990/Form990PartVIISectionAGrp/PersonNm1WYATT BUCKINGHAM
IRS990/Form990PartVIISectionAGrp/PersonNm2JAY DEPPELER IV
IRS990/Form990PartVIISectionAGrp/PersonNm3LORRIE GREGG HARGREAVES
IRS990/Form990PartVIISectionAGrp/PersonNm4DEBORAH HOLT NOEL
IRS990/Form990PartVIISectionAGrp/PersonNm5OSHANA WATKINS
IRS990/Form990PartVIISectionAGrp/PersonNm6JOE LEONE
IRS990/Form990PartVIISectionAGrp/PersonNm7JANIS L ANDRZJEWSKI
IRS990/Form990PartVIISectionAGrp/PersonNm8BETTY CAMP
IRS990/Form990PartVIISectionAGrp/PersonNm9SUSAN SCOTT DALY
IRS990/Form990PartVIISectionAGrp/PersonNm10RICHARD GREB
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt590293
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2800434
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt6242780
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECOND VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4FIRST VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5INTERIM PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER N/V
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY N/V
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01979
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt053835
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02348301
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt039233
IRS990/InsuranceGrp/TotalAmt039233
IRS990/InterestGrp/ProgramServicesAmt0128815
IRS990/InterestGrp/TotalAmt0128815
IRS990/InvestmentIncomeGrp/ExclusionAmt012289
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt012289
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0179691
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04019347
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03949723
IRS990/LandBldgEquipCostOrOtherBssAmt04129414
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
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/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02502242
IRS990/NetAssetsOrFundBalancesBOYAmt02737623
IRS990/NetAssetsOrFundBalancesEOYAmt02575008
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02735418
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02575008
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt073473
IRS990/OccupancyGrp/TotalAmt073473
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt038065
IRS990/OtherAssetsTotalGrp/EOYAmt099113
IRS990/OtherChangesInNetAssetsAmt0143241
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1MAINTENANCE AND REPAIRS
IRS990/OtherExpensesGrp/ProgramServicesAmt0201093
IRS990/OtherExpensesGrp/ProgramServicesAmt145625
IRS990/OtherExpensesGrp/TotalAmt0201093
IRS990/OtherExpensesGrp/TotalAmt145625
IRS990/OtherLiabilitiesGrp/BOYAmt0543889
IRS990/OtherLiabilitiesGrp/EOYAmt0195388
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt028325
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt028325
IRS990/OtherRevenueTotalAmt028325
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020801
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04034
IRS990/PrincipalOfficerNm0OSHANA WATKINS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0624310
IRS990/ProgramServiceRevenueGrp/BusinessCd1561300
IRS990/ProgramServiceRevenueGrp/Desc0ADULT DAY SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1CONTRACT SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02033954
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1162397
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02033954
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1162397
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt056318
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04938
IRS990/PYOtherExpensesAmt0889971
IRS990/PYOtherRevenueAmt055247
IRS990/PYProgramServiceRevenueAmt02455189
IRS990/PYRevenuesLessExpensesAmt0-399818
IRS990/PYSalariesCompEmpBnftPaidAmt02081539
IRS990/PYTotalExpensesAmt02971510
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02571692
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-305856
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02224676
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0936169
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0649348
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0111336
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt056318
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt077951
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt060132
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt079778
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0385515
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt012289
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt04938
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt06800
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt07044
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt03988
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt035059
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02196351
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02455189
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02510832
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02316427
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02380796
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt011859595
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt012289
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt04938
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt06800
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt07044
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt03988
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt035059
IRS990ScheduleA/InvestmentIncomeCYPct00.00280
IRS990ScheduleA/InvestmentIncomePYPct00.00220
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt028325
IRS990ScheduleA/OtherIncome509Grp/TotalAmt028325
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99490
IRS990ScheduleA/PublicSupportPY509Pct00.99780
IRS990ScheduleA/PublicSupportTotal509Amt012245110
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02307687
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02511507
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02588783
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02376559
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02460574
IRS990ScheduleA/Total509Grp/TotalAmt012245110
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02348301
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02516445
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02595583
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02383603
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02464562
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt012308494
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt02672277
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0146221
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02818498
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt058
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt038065
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt039881
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01874
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0186
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt037010
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt038065
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01241
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0352
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt035110
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt037010
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02252
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0338
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt031961
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt035110
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03487
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0319
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt033047
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0100
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt031961
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-867
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt045886
IRS990ScheduleD/EquipmentGrp/DepreciationAmt033470
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt079356
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01229060
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01229060
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02500
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0195259
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1129
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PPP LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO SC
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE BOARD DESIGNATED ENDOWMENT FUND IS DEVOTED TO THE SUPPORT OF WAKE ENTERPRISES, INC. GENERAL OPERATING SUPPORT.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS EXEMPT FROM BOTH FEDERAL AND STATE INCOME TAXES FOR ALL PROGRAM RELATED INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE 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.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3FUNDRAISING EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03949723
IRS990ScheduleD/TotalLiabilityAmt0195388
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,337,274
Liabilities
$2,762,266
Net assets
$2,575,008
Revenue
$2,348,301
Expenses
$2,654,157
Net income
-$305,856
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