Nonprofit · EIN 56-0862396
WAKE CHRISTIAN ACADEMY INC
Tax-exempt · RALEIGH, NC 27603
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $17,212,690 | $10,498,920 | $6,713,770 | $22,423,287 | $2,387,943 | $20,035,344 |
| June 30, 2024 | 990 | $11,189,419 | $9,868,665 | $1,320,754 | $14,804,114 | $187,848 | $14,616,266 |
| June 30, 2023 | 990 | $10,198,663 | $8,990,452 | $1,208,211 | $13,597,428 | $301,920 | $13,295,508 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $5,944,405
- Program service revenue
- $10,810,301
- Investment income
- $407,928
- Net rental income
- $7,800
- Net gain from sales of assets
- $3
- Net income from fundraising events
- -$38,153
- Other revenue
- $50,056
Expenses
- Grants and similar amounts paid
- $262,084
- Compensation of officers, directors and key employees
- $203,200
- Other salaries and wages
- $5,621,562
- Salaries, compensation and benefits (total)
- $6,892,161
- Professional fundraising fees
- $0
- Legal fees
- $1,512
- Accounting fees
- $21,075
- Travel
- $48,255
- Depreciation
- $436,412
- Program services (functional)
- $7,616,494
- Management and general (functional)
- $2,788,914
- Fundraising (functional)
- $93,512
Balance sheet and other
- Total assets, start of year
- $14,804,114
- Total assets, end of year
- $22,423,287
- Total liabilities, end of year
- $2,387,943
- Net assets, end of year
- $20,035,344
- Land, buildings and equipment
- $6,334,102
- Publicly traded securities
- $6,314,184
- Net assets without donor restrictions
- $13,271,292
- Net assets with donor restrictions
- $6,764,052
- Gross receipts
- $17,250,843
- Employees
- 228
- Volunteers
- 160
- Year formed
- 1966
- 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 | Other / benefits |
|---|---|---|---|---|
| WILLIAM M WOODS | EXECUTIVE SE Trustee or director, Officer | 40 | $162,404 | $12,374 |
| MARK SWICEGOOD | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| BRENT GORE | 1ST VICE PRE Trustee or director, Officer | 1 | $0 | $0 |
| DAVID THERIT | 2ND VICE PRE Trustee or director, Officer | 1 | $0 | $0 |
| DR MIKE LARSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL LUETHY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHARLES JONES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ABRAM MERCEDES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SANDRA SAULS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KEVIN MAY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JASON RACKLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM M WOODS | EXECUTIVE SE Trustee or director, Officer | 40 | $151,645 | $12,169 |
| BRENT GORE | 1ST VICE PRE Trustee or director, Officer | – | $0 | $0 |
| CHARLES JONES | DIRECTOR Trustee or director | – | $0 | $0 |
| MIKE LARSEN | 2ND VICE PRE Trustee or director, Officer | – | $0 | $0 |
| MICHAEL LUETHY | DIRECTOR Trustee or director | – | $0 | $0 |
| DR BARRETT MARTIN | DIRECTOR Trustee or director | – | $0 | $0 |
| ABRAM MERCEDES | DIRECTOR Trustee or director | – | $0 | $0 |
| MARK SWICEGOOD | CHAIRMAN Trustee or director, Officer | – | $0 | $0 |
| DAVID THERIT | DIRECTOR Trustee or director | – | $0 | $0 |
990 for the year ended June 30, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM M WOODS | EXECUTIVE SE Trustee or director, Officer | 40 | $153,586 | $11,756 |
| BRENT GORE | 1ST VICE PRE Trustee or director, Officer | – | $0 | $0 |
| CHARLES JONES | DIRECTOR Trustee or director | – | $0 | $0 |
| MIKE LARSEN | 2ND VICE PRE Trustee or director, Officer | – | $0 | $0 |
| MICHAEL LUETHY | DIRECTOR Trustee or director | – | $0 | $0 |
| DR BARRETT MARTIN | DIRECTOR Trustee or director | – | $0 | $0 |
| ABRAM MERCEDES | DIRECTOR Trustee or director | – | $0 | $0 |
| MARK SWICEGOOD | CHAIRMAN Trustee or director, Officer | – | $0 | $0 |
| DAVID THERIT | DIRECTOR Trustee or director | – | $0 | $0 |
| EUGENE WALLACE | DIRECTOR Trustee or director | – | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5500 WAKE ACADEMY DR, RALEIGH, NC 27603-4120
- Principal officer (990 for 2024)
- WILLIAM M WOODS, 5500 WAKE ACADEMY DRIVE, RALEIGH, NC 27603
- Signed the 990
- MARK SWICEGOOD, CHAIRMAN
- Phone
- (919) 772-6264
- Website
- WWW.WAKECHRISTIANACADEMY.COM
- Return prepared by
- LANGDON & COMPANY LLP
Mission
TO PARTNER WITH THE CHRISTIAN HOME AND CHURCH TO PROVIDE A CHRIST-CENTERED, QUALITY EDUCATION AND TO PROCLAIM THE GOOD NEWS OF JESUS CHRIST.
Program accomplishments
- 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 936 AS OF SEPTEMBER 1, 2024.Expenses $7,616,494 · grants $262,084 · revenue $10,810,301
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
- 56-0862396
- 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
- 1966
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B24Z)
- Assets (IRS master file)
- $22,423,287
- Income (IRS master file)
- $17,250,843
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $17,212,690 | $10,498,920 | $22,423,287 | XML |
| 990 | June 2024 | $11,189,419 | $9,868,665 | $14,804,114 | XML |
| 990 | June 2023 | $10,198,663 | $8,990,452 | $13,597,428 | XML |
| 990 | June 2022 | $9,308,867 | $8,197,581 | $12,171,186 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 56-0862396).
Questions about WAKE CHRISTIAN ACADEMY INC
- What is the EIN of WAKE CHRISTIAN ACADEMY INC?
- The employer identification number (EIN) of WAKE CHRISTIAN ACADEMY INC is 56-0862396.
- Is WAKE CHRISTIAN ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1966.
- Are donations to WAKE CHRISTIAN ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WAKE CHRISTIAN ACADEMY INC 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 WAKE CHRISTIAN ACADEMY INC 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 WAKE CHRISTIAN ACADEMY INC 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 WAKE CHRISTIAN ACADEMY INC?
- The 990 for the year ended June 30, 2025 names WILLIAM M WOODS.
- Who are the officers and directors of WAKE CHRISTIAN ACADEMY INC?
- The 990 for the year ended June 30, 2025 lists 11 people; 1 received compensation from the organization, the highest $162,404 (WILLIAM M WOODS, EXECUTIVE SE).
- How much revenue does WAKE CHRISTIAN ACADEMY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $17,212,690, expenses of $10,498,920 and total assets of $22,423,287 at year end.
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