Nonprofit · EIN 46-4558935
WILSON PREPARATORY ACADEMY
Tax-exempt (reinstated) · WILSON, NC 27894
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $10,125,443 | $9,819,388 | $306,055 | $22,499,063 | $14,561,856 | $7,937,207 |
| June 30, 2024 | 990 | $9,296,520 | $9,166,897 | $129,623 | $23,266,197 | $15,635,045 | $7,631,152 |
| June 30, 2023 | 990 | $9,915,709 | $9,497,453 | $418,256 | $23,805,617 | $16,304,088 | $7,501,529 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $828,198
- of which government grants
- $823,748
- Program service revenue
- $8,295,700
- Investment income
- $61,517
- Net rental income
- $940,028
- Other revenue
- $940,028
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $4,191,126
- Salaries, compensation and benefits (total)
- $5,033,533
- Professional fundraising fees
- $0
- Legal fees
- $109,086
- Accounting fees
- $8,202
- Occupancy
- $1,089,942
- Depreciation
- $949,964
- Program services (functional)
- $5,750,515
- Management and general (functional)
- $3,002,999
- Fundraising (functional)
- $1,065,874
Balance sheet and other
- Total assets, start of year
- $23,266,197
- Total assets, end of year
- $22,499,063
- Total liabilities, end of year
- $14,561,856
- Net assets, end of year
- $7,937,207
- Land, buildings and equipment
- $18,172,500
- Net assets without donor restrictions
- $7,937,207
- Gross receipts
- $10,125,443
- Employees
- 87
- Year formed
- 2012
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dr Curtis Lee | Chairman Trustee or director, Officer | 2 | $0 |
| David Barnes | Board Member Trustee or director | 2 | $0 |
| Renee Smith | Secretary Trustee or director, Officer | 2 | $0 |
| Dennis Parker | Vice Chairman Trustee or director, Officer | 2 | $0 |
| Edgar Cheek | Board Member Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dr Curtis Lee | Chairman Trustee or director, Officer | 2 | $0 |
| Ashley Ammons | Treasurer Trustee or director, Officer | 2 | $0 |
| Renee Smith | Secretary Trustee or director, Officer | 2 | $0 |
| Dennis Parker | Vice Chairman Trustee or director, Officer | 2 | $0 |
| Quentin Sumner | Board Member Trustee or director | 2 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dr Curtis Lee | Chairman Trustee or director, Officer | 2 | $0 |
| Ashley Ammons | Treasurer Trustee or director, Officer | 2 | $0 |
| Renee Smith | Secretary Trustee or director, Officer | 2 | $0 |
| Dennis Parker | Vice Chairman Trustee or director, Officer | 2 | $0 |
| Quentin Sumner | Board Member Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 233, WILSON, NC 27894-0233
- In care of
- % DARYL M WOODARD
- Principal officer (990 for 2024)
- Daryl Woodard, 2755 Tilghman Road, Wilson, NC 27896
- Signed the 990
- Daryl Woodard, Executive Director
- Phone
- (252) 294-2533
- Website
- www.wilsonprep.org
- Return prepared by
- Rebekah Barr CPA PC
Mission
Operation of a public charter school.
Program accomplishments
- Operation of a charter school in Wilson, North Carolina, serving approximately 734 students in grades kindergarten through 12th grade for the fiscal year ended June 30, 2025.Expenses $5,750,515
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 46-4558935
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $22,499,063
- Income (IRS master file)
- $10,125,443
Revocation and reinstatement
- Exemption revoked
- November 15, 2014
- Posted by the IRS
- August 5, 2016
- Reinstated
- Effective November 15, 2014
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $10,125,443 | $9,819,388 | $22,499,063 | IRS |
| 990 | June 2024 | $9,296,520 | $9,166,897 | $23,266,197 | IRS |
| 990 | June 2023 | $9,915,709 | $9,497,453 | $23,805,617 | XML |
| 990 | June 2022 | $10,216,805 | $8,506,932 | $23,762,699 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-4558935).
Questions about WILSON PREPARATORY ACADEMY
- What is the EIN of WILSON PREPARATORY ACADEMY?
- The employer identification number (EIN) of WILSON PREPARATORY ACADEMY is 46-4558935.
- Is WILSON PREPARATORY ACADEMY tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2014 and reinstated it effective November 15, 2014.
- Are donations to WILSON PREPARATORY ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WILSON PREPARATORY ACADEMY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WILSON PREPARATORY ACADEMY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WILSON PREPARATORY ACADEMY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of WILSON PREPARATORY ACADEMY?
- The 990 for the year ended June 30, 2025 names Daryl Woodard.
- Who are the officers and directors of WILSON PREPARATORY ACADEMY?
- The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does WILSON PREPARATORY ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $10,125,443, expenses of $9,819,388 and total assets of $22,499,063 at year end.
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- COMMUNITY CHRISTIAN SCHOOL EIN 56-2179742 · last filed 990 for 2025
- WILSON EDUCATION PARTNERSHIP INC EIN 58-1762623 · last filed 990 for 2025
- CHARLES H DARDEN HIGH SCHOOL ALUMNI ASSOCIATION INC EIN 56-1075132 · last filed 990-EZ for 2025
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- FREDERICK DOUGLASS HIGH SCHOOL ALUMNI ASSOCIATION INC EIN 56-1161270 · last filed 990-EZ for 2025