Civic Intelligence

Wake Monarch

990 • Fiscal year 2025 • EIN 83-2148694

Jul 01, 2024 to Jun 30, 2025

PO Box 20194Raleigh, NC 27619

(919) 925-6950

Siviq Scores

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

Liabilities / Assets

75th percentile

0.09x

Higher debt load relative to assets than 75% of similar nonprofits.

2025 filings • NTEE B90 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

77th percentile

0.05x

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

2025 filings • NTEE B90 • <$500k nonprofits • Source year 2025

Net Margin

28th percentile

-1.3%

Higher net margin than 28% of similar nonprofits.

2025 filings • NTEE B90 • <$500k nonprofits • Source year 2025

Top Officer Pay

98th percentile

$84,767

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 19.3% of source-year revenue.

2025 filings • NTEE B90 • <$500k nonprofits • Source year 2025

Asset Growth

46th percentile

1.7%

Faster asset growth than 46% of similar nonprofits.

2025 filings • NTEE B90 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

33rd percentile

-15%

Faster revenue growth than 33% of similar nonprofits.

2025 filings • NTEE B90 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Up

$268,540

Up $4,521 (+1.7%) from 2024

Net Assets

Down

$244,731

Down $6,227 (-2.5%) from 2024

Liabilities

Up

$23,809

Up $10,748 (+82%) from 2024

Revenue

Down

$439,488

Down $77,856 (-15%) from 2024

Expenses

Up

$445,340

Up $80,476 (+22%) from 2024

Net Income

Down

-$5,852

Down $158,332 (-104%) from 2024

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2020: $64,275Net Assets 2020: $64,2752020Assets 2021: $216,141Net Assets 2021: $216,1412021Assets 2022: $150,234Liabilities 2022: $3,859Net Assets 2022: $146,3752022Assets 2023: $110,500Liabilities 2023: $14,557Net Assets 2023: $95,9432023Assets 2024: $264,019Liabilities 2024: $13,061Net Assets 2024: $250,9582024Assets 2025: $268,540Liabilities 2025: $23,809Net Assets 2025: $244,7312025

Highlighted filing

2025

Assets$268,540
Liabilities$23,809
Net Assets$244,731

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2020: $59,431Expenses 2020: $13,320Net Income 2020: $46,1112020Revenue 2021: $177,534Expenses 2021: $27,644Net Income 2021: $149,8902021Revenue 2022: $189,046Expenses 2022: $246,848Net Income 2022: -$57,8022022Revenue 2023: $297,936Expenses 2023: $348,368Net Income 2023: -$50,4322023Revenue 2024: $517,344Expenses 2024: $364,864Net Income 2024: $152,4802024Revenue 2025: $439,488Expenses 2025: $445,340Net Income 2025: -$5,8522025

Highlighted filing

2025

Revenue$439,488
Expenses$445,340
Net Income-$5,852
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Mar 19, 2026
Return Version
2024v5.2
Gross Receipts
$464,071
Mission and Program Overview

Mission

Recovery from substance use disorder by youth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$254,552$216,657▼ $37,895
Pledges and Grants Receivable-$43,111-
Prepaid Expenses and Deferred Charges$4,835$3,928▼ $907
Land, Buildings, and Equipment, Net$4,632$3,603▼ $1,029
Accounts Receivable-$1,241-
Total Assets$264,019$268,540▲ $4,521
Liabilities
Accounts Payable and Accrued Expenses$6,761$19,909▲ $13,148
Deferred Revenue$6,300$3,900▼ $2,400
Total Liabilities$13,061$23,809▲ $10,748
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$250,958$244,731▼ $6,227
Total Net Assets Fund Balance$250,958$244,731▼ $6,227
Total Liabilities and Net Assets / Fund Balance$264,019$268,540▲ $4,521

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,603$1,544$5,147
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Leah WrightHead of SchoolFT$84,767$84,767

Board Members and Trustees

NameTitle
Bonnie DuncanCo-Chair
Lauren WilliamsCo-Chair
Jacob RodmanBoard Member
Jacques GilbertBoard Member
Jay HolderBoard Member
Jeremy DavisBoard Member
Kenny FergusonBoard Member
Rebecca BrighamBoard Member
Ashley RigglemanSecretary through January 2025
Will NewtonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$239,993
Program Service Revenue
$103,668
Investment Income
$7,328
Other Revenue
$88,499
All Other Contributions
$204,014
Change in Net Assets
$-5,852

Audited Revenue Reconciliation

Revenue per Audited Statements
$439,488
Total Revenue per Audited Statements
$439,488
Total Revenue per Form 990
$439,488
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$268,351
Salaries, Compensation, and Employee Benefits$176,989
Total Fundraising Expense$33,743
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$66,061$11,299$8,723$86,083
Other Salaries and Wages$76,964--$76,964
Fees for Services Other$36,345$34,470-$70,815
Advertising$35,178-$3,570$38,748
Fees for Services Accounting$27,239$4,785$4,785$36,809
Other Expenses$32,532$88$54$32,532
Information Technology$18,702$3,699$6,686$29,087
Occupancy$17,804$3,128$3,128$24,060
Payroll Taxes$10,316$1,812$1,814$13,942
Travel$5,821$3,052$273$9,146
All Other Expenses$4,608$479$3,083$8,170
Insurance$6,031$1,060$1,059$8,150
Fees for Services Legal$3,382$683$268$4,333
Office Expenses$1,710$300$300$2,310
Depreciation Depletion-$1,029-$1,029
Total Functional Expenses$345,713$65,884$33,743$445,340

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$445,340
Total Expenses per Audited Statements$445,340
Total Expenses per Form 990$445,340
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$113,082
Fundraising Direct Expenses$24,583
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$90,445$58,471$1,125$57,346
Golf Classic$27,303$23,298$5,638$17,660
Total Events$149,061$113,082$24,583$88,499
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
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, Section B, Line 11B

The Executive Director conducts a complete review of the return with the Treasurer. After the Executive Director and Treasurer have reviewed and approved the 990, the return is sent to the entire Board for review.

Form 990, Part VI, Section B, Line 12

Board of Directors and employees review the conflict of interest policy on a regular basis.

Form 990, Part VI, Section C, Line 19

Documents are available upon written request.

Filing and Contact Details

Filer

Filer Name
Wake Monarch
EIN
83-2148694
Phone
9199256950
Address
PO Box 20194, Raleigh, NC 27619

Signing Officer

Name
Will Newton
Title
Treasurer
Phone
9199256950
Signed
2026-03-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Will Newton
Formed
2018
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
5
Volunteers
25

Preparer

Firm
Outfitters4 Inc
Address
717 Coliseum Dr NW, Winston Salem, NC 27106
Preparer
Brittany Emery
Phone
3369300140
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other professional services are related to Recovery Coaching services - 25,293 Program expenses Executive search and coaching services - 34,470 Management General expenses Other consulting services - 11,052 Program expenses.

Form 990, Part XII, Line 2C

There was no change in the committees oversight of the audit and selection of an independent aacountant in the current year.

Financial Statement Notes

X 2

The Organization is exempt from federal and state income taxes under Section 501a of the Internal Revenue Code and is classified under Section 501c3 as a public charity. The Organization has also been classified as an entity that is not a private foundation within the meaning of Section 509a and qualifies for deductible contributions provided in Section 170b1Avi. The Organization files information returns in the U.S. Federal jurisdiction and in North Carolina.

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IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt043111
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04835
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03928
IRS990/PrincipalOfficerNm0Will Newton
IRS990/PriorPeriodAdjustmentsAmt0-375
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0Tuition Revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0103668
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0103668
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0315680
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt04475
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0156422
IRS990/PYOtherRevenueAmt067812
IRS990/PYProgramServiceRevenueAmt0129377
IRS990/PYRevenuesLessExpensesAmt0152480
IRS990/PYSalariesCompEmpBnftPaidAmt0208442
IRS990/PYTotalExpensesAmt0364864
IRS990/PYTotalRevenueAmt0517344
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-5852
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0103668
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0239993
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0315680
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0144925
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0148346
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0177534
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01026478
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt07328
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04475
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt021
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt011824
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0121180
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt040700
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0161880
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.77060
IRS990ScheduleA/PublicSupportPY170Pct00.73050
IRS990ScheduleA/PublicSupportTotal170Amt0924889
IRS990ScheduleA/SubstantialContributorsTotAmt0101589
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0239993
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0315680
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0144925
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0148346
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0177534
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01026478
IRS990ScheduleA/TotalSupportAmt01200182
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt03603
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01544
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05147
IRS990ScheduleD/ExpensesSubtotalAmt0445340
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueSubtotalAmt0439488
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is exempt from federal and state income taxes under Section 501a of the Internal Revenue Code and is classified under Section 501c3 as a public charity. The Organization has also been classified as an entity that is not a private foundation within the meaning of Section 509a and qualifies for deductible contributions provided in Section 170b1Avi. The Organization files information returns in the U.S. Federal jurisdiction and in North Carolina.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0X 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03603
IRS990ScheduleD/TotalExpensesPerForm990Amt0445340
IRS990ScheduleD/TotalRevenuePerForm990Amt0439488
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0439488
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0445340
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt035979
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt031974
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt04005
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt024583
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt0350
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0350
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Gala
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Golf Classic
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt08659
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt01974
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt095
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt010728
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt090445
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt027303
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt031313
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0149061
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt058471
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt023298
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt031313
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0113082
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt088499
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt0401
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent2Amt02297
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesOtherEventsAmt0140
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt02838
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt03002
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt09765
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01125
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt05638
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0247
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt0655
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0902
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Other professional services are related to Recovery Coaching services - 25,293 Program expenses Executive search and coaching services - 34,470 Management General expenses Other consulting services - 11,052 Program expenses.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Executive Director conducts a complete review of the return with the Treasurer. After the Executive Director and Treasurer have reviewed and approved the 990, the return is sent to the entire Board for review.

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