Education
(B20J)
IRS Verified
DX Registered
990 on File
WAKE EDUCATION PARTNERSHIP
Financial strength (30%)
87/100
Reliability (20%)
82/100
Effectiveness (25%)
83/100
Impact (25%)
No data yet
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30
CharityAI™ Score
out of 100
Mission Statement
Unite businesses and the community in supporting all educators and students in Wake County Public Schools.
Financial Overview — FY 2024
$2.0M
Total Revenue
$1.6M
Total Expenses
$3.4M
Net Assets
10
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
69.5%
Fundraising Efficiency
848.2%
Operating Reserve
25.61x
Liability-to-Asset
9.4%
Revenue Diversification
84.9%
Executive Compensation
$162K
Compared with Peers
FY 2025
Compared with 5,421 similar organizations
(United States, Education, $1M–$10M in expenses), FY 2025.
This organization's figures are from FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
69.5% | 84.2% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
26.5% | 12.9% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.0% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
848.2% | 60.7% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
25.6 mo | 9.0 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
9.4% | 21.7% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
84.9% | 89.4% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
56.3% | 5.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
20.3% | 6.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
17.8% | 3.0% |
P10P90
|
CharityAI™ Evaluation — 2026
30 / 1000
Financial
82
Reliability
45
Effectiveness
10
Impact
Financial Strength (30%)
0
Reliability & Transparency (20%)
82
Program Effectiveness (25%)
45
Impact & Outcomes (25%)
10
0 programs
IRS Verified Form 990 on File 90% Data Complete
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $2.0M | $1.6M | $3.4M | 69.5% | 10 |
| 2023 | $1.2M | $1.3M | $2.9M | 67.9% | 8 |
| 2022 | $589K | $849K | $3.0M | 81.9% | 6 |
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