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Nonprofit · EIN 46-4558935

WILSON PREPARATORY ACADEMY

Tax-exempt (reinstated) · WILSON, NC 27894

Financials

$9.9M$9.5M2022$9.3M$9.2M2023$10.1M$9.8M2024
Revenue Expenses · by fiscal year end
Financials of WILSON PREPARATORY ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$10,125,443$9,819,388$306,055$22,499,063$14,561,856$7,937,207
June 30, 2024990$9,296,520$9,166,897$129,623$23,266,197$15,635,045$7,631,152
June 30, 2023990$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.

NameTitleHours / weekCompensation
Dr Curtis LeeChairman
Trustee or director, Officer
2$0
David BarnesBoard Member
Trustee or director
2$0
Renee SmithSecretary
Trustee or director, Officer
2$0
Dennis ParkerVice Chairman
Trustee or director, Officer
2$0
Edgar CheekBoard Member
Trustee or director
2$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensation
Dr Curtis LeeChairman
Trustee or director, Officer
2$0
Ashley AmmonsTreasurer
Trustee or director, Officer
2$0
Renee SmithSecretary
Trustee or director, Officer
2$0
Dennis ParkerVice Chairman
Trustee or director, Officer
2$0
Quentin SumnerBoard Member
Trustee or director
2$0
990 for the year ended June 30, 2023: 5 people
NameTitleHours / weekCompensation
Dr Curtis LeeChairman
Trustee or director, Officer
2$0
Ashley AmmonsTreasurer
Trustee or director, Officer
2$0
Renee SmithSecretary
Trustee or director, Officer
2$0
Dennis ParkerVice Chairman
Trustee or director, Officer
2$0
Quentin SumnerBoard 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
Return prepared by
Rebekah Barr CPA PC

Mission

Operation of a public charter school.

990 for the year ended June 30, 2025

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 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

FormYear endedRevenueExpensesAssetsReturn
990June 2025$10,125,443$9,819,388$22,499,063IRS
990June 2024$9,296,520$9,166,897$23,266,197IRS
990June 2023$9,915,709$9,497,453$23,805,617XML
990June 2022$10,216,805$8,506,932$23,762,699IRS
990June 2021–––IRS
990June 2020–––IRS
990June 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.

Other nonprofits in WILSON

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