2024-02-19T11:59:42-05:00 2023-06-30 561137607 JAMES A LUCAS AND COMPANY LLP 4909 WESTERN BLVD STE 200 RALEIGH NC 27606 990 2022-07-01 560862396 WAKE CHRISTIAN ACADEMY INC WAKE 9197726264 5500 WAKE ACADEMY DRIVE RALEIGH NC 27603 MARK SWICEGOOD CHAIRMAN 9193340990 2024-01-19 true MARK SWICEGOOD 999009999 true JOELLEN H WILKES P00181775 9198514696 2024-01-19 2022 2023-04-26 12:10:37Z WILLIAM M WOODS 5500 WAKE ACADEMY DRIVE RALEIGH NC 27603 10495687 false X WWW.WAKECHRISTIANACADEMY.COM X 1966 NC WAKE CHRISTIAN ACADEMY, INC. IS A SCHOOL WHOSE MISSION IS TO PARTNER WITH THE CHRISTIAN HOME AND THE CHURCH TO PROVIDE A CHRIST-CENTERED, QUALITY EDUCATION AND TO PROCLAIM THE GOOD NEWS OF JESUS CHRIST. 9 9 216 150 0 608327 1108646 8664123 9136546 -20141 -87676 56558 41147 9308867 10198663 249645 211721 0 5283979 5640964 0 58628 2663957 3137767 8197581 8990452 1111286 1208211 12171186 13597428 83617 301920 12087569 13295508 TO PARTNER WITH THE CHRISTIAN HOME AND CHURCH TO PROVIDE A CHRIST-CENTERED, QUALITY EDUCATION AND TO PROCLAIM THE GOOD NEWS OF JESUS CHRIST. false false 6446134 211721 9136546 WAKE CHRISTIAN ACADEMY, INC. AN EDUCATIONAL INSTITUTION, PROVIDED QUALITY, CHRIST-CENTERED EDUCATION FOR STUDENTS IN THE WAKE COUNTY/RALEIGH AREA (KINDERGARTEN THROUGH GRADE 12). THE ENROLLMENT FOR THE YEAR WAS 910 AS OF SEPTEMBER 1, 2022. 6446134 true true false false false false false false false true true false false false true true false false true false false false false false true false false false true true false false false false false false false false false false false false false false false false false true 11 0 true 216 true false false false false false false false false false false false false false false false X 9 9 false false false false false false false true true false false true true true true true true true true false NC X WILLIAM M WOODS 9197726264 5500 WAKE ACADEMY DRIVE RALEIGH NC 276034197 WILLIAM M WOODS EXECUTIVE SE 40.00 X X 153586 0 11756 BRENT GORE 1ST VICE PRE X X 0 0 0 CHARLES JONES DIRECTOR X 0 0 0 MIKE LARSEN 2ND VICE PRE X X 0 0 0 MICHAEL LUETHY DIRECTOR X 0 0 0 DR BARRETT MARTIN DIRECTOR X 0 0 0 ABRAM MERCEDES DIRECTOR X 0 0 0 MARK SWICEGOOD CHAIRMAN X X 0 0 0 DAVID THERIT DIRECTOR X 0 0 0 EUGENE WALLACE DIRECTOR X 0 0 0 153586 11756 1 false true false 1108646 2585 1108646 TUITION, FEES AND ACTIVITIES 9136546 9136546 9136546 45840 -3376 49216 8750 8750 8750 8750 150000 150210 133306 -210 -133306 -133516 -133516 45805 13508 32297 32297 RETURNED CHECK CHARGES 100 100 100 10198663 8999754 90263 X 211721 211721 179581 167825 11756 4636823 3179587 1440240 16996 50846 35438 15220 188 466383 315305 149402 1676 307331 203775 102473 1083 18966 12576 6324 66 4889 3253 1636 41431 27568 13863 37166 24730 12436 1238 824 414 9761 7809 1659 293 371763 247371 124392 104582 69527 34964 91 SUPPLIES 431721 287267 144454 REPAIRS AND MAINTENANCE 275556 183355 92201 CAFETERIA & SNACK BAR 273085 273085 BOOKS AND CURRICULUM 246344 246344 1321265 948774 334256 38235 8990452 6446134 2485690 58628 1037921 882818 6284855 3713804 11008 11008 10520599 5377053 4595051 5143546 196547 3759011 833 45804 86408 12171186 13597428 83617 301920 83617 301920 X 12007069 13215008 80500 80500 12087569 13295508 12171186 13597428 X 1208211 -272 X true X false true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 50000 50000 50000 642 6206 50000 50000 747 5564 50000 50000 1006 4817 50000 50000 843 3810 50000 1.00000 false false 1630194 1630194 4106698 2101224 2005474 2866460 1994678 871782 1917247 1281151 636096 5143546 LOAN 1928 SIMPKINS 151162 CREDIT CARD AND OTHER PAYABLE 89555 403 B WITHHOLDING PAYABLE 32754 LEASE LIABILITIES 27631 SALES TAX PAYABLE 718 SECURITY DEPOSITS 100 301920 X SCHEDULE D, PAGE 3, PART X MANAGEMENT HAS EVALUATED THE EFFECT OF THE GUIDANCE PROVIDED BY U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE ORGANIZATION'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE ORGANIZATION, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THAT THE ORGANIZATION CONTINUES TO SATISFY THE REQUIREMENTS OF A TAX-EXEMPT ORGANIZATION AT JUNE 30, 2023. MANAGEMENT HAS EVALUATED ALL OTHER TAX POSITIONS THAT COULD HAVE A SIGNIFICANT EFFECT ON THE FINANCIAL STATEMENTS AND DETERMINED THE ORGANIZATION HAD NO UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2023 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. true true true true true true true false false false false false false false false false false true SCHEDULE E, LINE 3 THE SCHOOL'S WEBSITE CONVEYS THE SCHOOL'S NONDISCRIMINATORY POLICY. DURING THE PRE-REGISTRATION AND REGISTRATION PROCESS, STUDENTS AND FAMILIES ARE MADE AWARE OF THE NONDISCRIMINATION POLICY. SUPER SATURDAY 31085 31085 6303 GOLF TOURNAMENT 14720 14720 7205 45805 45805 13508 13508 32297 true TUITION FINANCIAL AID 120 211721 SCHEDULE I, PAGE 1, PART I, LINE 2 ORGANIZATION PROVIDES TUITION ASSISTANCE IN THE FORM OF FINANCIAL AID TO STUDENTS WHO MEET A SPECIFIC SET OF CRITERIA. THE TUITION IS DISCOUNTED BY THE SCHOOL AND NO PAYMENTS ARE MADE TO INDIVIDUALS. X false false false false false false false false false WILLIAM M WOODS EXECUTIVE SECRETARY 153586 2600 9156 165342 FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS PRESENTED AT A BOARD MEETING AND IS MADE A PART OF THE MINUTES. FORM 990, PAGE 6, PART VI, LINE 12C MEMBERS WITH CONFLICTS ARE NOT ALLOWED TO VOTE ON ANY ISSUE THAT IS SUBJECT TO A CONFLICT. THE BOARD AND ADMINISTRATION REVIEW THE CONFLICT OF INTEREST STATEMENTS. FORM 990, PAGE 6, PART VI, LINE 15A THE ADMINISTRATORS' SALARY IS REVIEWED AND SET BY THE BOARD OF DIRECTORS FORM 990, PAGE 6, PART VI, LINE 15B SALARIES FOR THESE EMPLOYEES ARE PRESENTED FOR REVIEW BY THE BOARD. THE BOARD FOLLOWS THE GUIDELINES THAT ARE SET EACH YEAR AS A PART OF THE FORECAST/TUITION SETTING PROCESS. THE BOARD ALSO REVIEWS AND COMPARES TO WAKE COUNTY TEACHER SALARY SCALES EACH YEAR. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S PARENT/STUDENT HANDBOOK IS AVAILABLE ON THE SCHOOL'S WEBSITE AND PARENTS AND STUDENTS ARE SUPPOSED TO READ IT AND REMIT A SIGNED FORM EACH YEAR ACKNOWLEDGING THEY DID SO. OTHER INFORMATION IS NOT POSTED FOR THE PUBLIC. FORM 990, PART IX, LINE 24E COMPUTER SERVICES AND SUP 115,822 58,242 0 TELEPHONE & UTILITIES 114,672 57,663 0 ATHLETICS 158,140 0 0 JANITORIAL SERVICE AND SU 99,643 21,174 3,737 FEES PAID 0 87,194 0 YEARBOOK 79,346 0 0 DUES AND SUBSCRIPTIONS 36,158 18,182 0 CONTRACT LABOR 34,225 17,210 0 EDUCATION AND TUITION BEN 47,382 0 0 CLASS ACTIVITIES 42,530 0 0 FUNDRAISING EXPENSES 0 0 34,498 BAD DEBT EXPENSE 29,999 0 0 TESTING 29,667 0 0 PAYROLL PROCESSING FEES 18,467 9,286 0 BANQUET 26,572 0 0 EQUIPMENT RENTAL 16,819 8,457 0 AUTOMOBILE EXPENSES 24,958 0 0 GIFTS AND GOODWILL 11,301 5,683 0 CONSULTING 10,387 5,223 0 BANK SERVICE CHARGES 0 14,333 0 AWARDS 12,768 0 0 TAXES AND LICENSES 8,444 4,246 0 ENVIRONMENTAL EXPENSE 0 11,440 0 MISSIONS 9,966 0 0 AMORTIZATION 5,043 2,536 0 ADMINISTRATIVE FEES 0 6,918 0 CAMPS 4,760 0 0 PROFESSIONAL FEES 2,379 1,196 0 LEGAL FEES 0 3,025 0 LIBRARY BOOKS AND SUPPLIE 2,988 0 0 CONTRIBUTIONS 2,268 0 0 MISCELLANEOUS EXPENSE 0 1,835 0 ACADEMIC COMPETITIONS 1,294 0 0 TRAINING 822 413 0 STUDENT COUNCIL PROGRAM 1,024 0 0 CHAPEL EXPENSE 930 0 0 TOTAL 948,774 334,256 38,235 FORM 990, PART XI, LINE 9 PRIOR PERIOD ADJUSTMENT -272