BEducationEIN: 237017752· Ruling Year: 1968

Wake Technical Community College Foundation Inc

Raleigh, North Carolina

B+Health Score
69B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org8.46×
Peer Median20.77×
💰
$4.7M
Total Revenue
📊
$3.3M
Total Expenses
🏦
$27.8M
Net Assets
📋
$61K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-18.9%
Year-over-year change (2022 → 2023)
Net Margin
+29.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
8.46
Net assets divided by total expenses
Liabilities-to-Assets
0.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,659,07319%$3,281,38916%$27,817,52912%
2022$5,743,74310%$2,826,77956%$24,851,8743%
2021$5,200,24914%$1,810,52816%$25,733,33428%
2020$4,575,60987%$2,144,18317%$20,082,40512%
2019$2,448,85738%$1,837,53418%$17,998,4059%
2018$3,950,57936%$1,556,47216%$16,504,28017%
2017$2,903,51444%$1,853,5688%$14,074,29410%
2016$2,009,45531%$1,724,1047%$12,764,5041%
2015$2,928,00824%$1,857,6903%$12,593,6996%
2014$3,852,92721%$1,810,0997%$11,876,31927%
2013$4,875,58743%$1,938,98027%$9,368,71642%
2012$3,402,231108%$2,648,661162%$6,615,1797%
2011$1,636,462$1,012,597$6,173,546

Frequently Asked Questions

What does Wake Technical Community College Foundation Inc do?

Wake Technical Community College Foundation Inc is a education nonprofit organization based in North Carolina. It is classified under NTEE code B41I and is registered as a 501(c) tax-exempt organization with the IRS.

Is Wake Technical Community College Foundation Inc financially healthy?

Based on our 9-metric Financial Health Score model, Wake Technical Community College Foundation Inc has a score of 69/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Wake Technical Community College Foundation Inc generate?

Wake Technical Community College Foundation Inc reports $5.5M in annual revenue and holds $31.2M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Education category, or browse all nonprofits in North Carolina.

Wake Technical Community College Foundation Inc — Raleigh, NC | GiveScope