Wake Forest Emergency Providers
98% goes to programs Thin reserves Growing revenue
Wake Forest Emergency Providers is a 501(c)(3) organization based in Winstonsalem, North Carolina, registered in 1996, with $118,762,167 in FY2024 revenue. CharityIndex grades it C+, and it directs about 98% of spending to programs.
Medical Center Boulevard, Winstonsalem, NC, 27157 EIN 56-1903275 Since 1996
Revenue (FY2024)
$118.8M
▲ 31.2% vs prior year
Health median: $840K
Expenses (FY2024)
$120.5M
Net assets
-$2.9M
Employees
643
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
C+Program efficiency40% of the rating98% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Wake Forest Emergency Providers: 98% to programs earns a C+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Wake Forest Emergency Providers: 0 mo reserves · -1% margin earns a D on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Wake Forest Emergency Providers: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Wake Forest Emergency Providers: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Promotion of health for all residents of the communities of north carolina
Contact & location
- Address
- Medical Center Boulevard, Winstonsalem, NC, 27157
- City
- Winstonsalem
- State
- North Carolina
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $28.7M (FY2013) to $118.8M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $31.6MNet assets -$2.9M
Operating margin
-1.4%
Spent more than it raised in the latest fiscal year.
Total assets
$28.6M
Total liabilities
$31.6M
Net assets
-$2.9M
Salaries & benefits
$112.9M
94% of expenses
Board members
5
4 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $118,762,167▲31.2% | $120,483,188▲34.3% | -$2,922,183▼143% | $28,642,630▲12.3% | 990 |
| 2023 | $90,530,146▲21.2% | $89,729,803▲25.1% | -$1,201,162▲40.0% | $25,495,120▲34.8% | 990 |
| 2022 | $74,684,066▲192% | $71,752,775▲157% | -$2,001,505▲59.4% | $18,908,241▲23.4% | 990 |
| 2021 | $25,615,957▼53.5% | $27,872,475▼48.5% | -$4,932,796▼84.3% | $15,326,741▲19.2% | 990 |
| 2020 | $55,080,572▲4.5% | $54,135,289▲9.3% | -$2,676,278▲26.1% | $12,854,990▲37.8% | 990 |
| 2019 | $52,725,609▲120% | $49,525,223▲61.1% | -$3,621,561▲46.9% | $9,331,818▲13.3% | 990 |
| 2018 | $23,923,703▼24.1% | $30,745,649▼2.4% | -$6,821,947▼168% | $8,237,534▼36.3% | 990 |
| 2016 | $31,516,749▲3.1% | $31,516,749▲3.1% | $10,008,911 | $12,938,587▼4.2% | 990 |
| 2015 | $30,572,430▼11.8% | $30,572,430▼12.3% | $10,008,911▼63.6% | $13,507,086▼65.2% | 990 |
| 2014 | $34,673,732▲21.0% | $34,858,081▲21.2% | $27,498,106▼0.7% | $38,804,173▲0.5% | 990 |
| 2013 | $28,663,168 | $28,757,932▲7.8% | $27,682,455▲30.3% | $38,615,203▲14.4% | 990 |
| 2012 | — | $26,688,210▲16.5% | $21,252,219▲21.3% | $33,749,806▲19.9% | 990 |
| 2011 | — | $22,901,317▲47.7% | $17,520,869▲79.7% | $28,145,684▲77.6% | 990 |
| 2010 | — | $15,508,030▼20.8% | $9,751,550▲46.6% | $15,847,683▲4.7% | 990 |
| 2009 | — | $19,575,382 | $6,652,223 | $15,133,680 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Pierce Hibma Md — $653,824 (0.54% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Pierce Hibma Md | Director | 40 | $653,824 |
| Ankit Nanavati | Physician | 40 | $576,715 |
| Robert Kinner | Physician | 40 | $567,186 |
| Ross Kuhner | Physician | 40 | $530,602 |
| Chadwick Miller Md | Chair & President | 12 | — |
| J Mclain Wallace Jr | Director & Secretary | 1 | — |
| Joshua Zavitz | Physician | 40 | — |
| Kevin Steinl | Physician | 40 | — |
| Michael T Waid | Director | 1 | — |
| Stephan L Lillie | Director & Treasurer | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Zotec Partners LLC | Revenue Cycle Management Services | $2,568,781 |
Grants made · $46K in FY2024
2 grants totaling $46K in FY2024. All grants made by Wake Forest Emergency Providers →
| Recipient | Purpose | Amount |
|---|---|---|
| Northeast Foundation Inc | Program support | $33,200 |
| Catawba Medical Foundation Inc | Provide support for catawba valley medical center | $12,813 |
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Frequently asked questions
- Is Wake Forest Emergency Providers a legitimate nonprofit?
- Yes. Wake Forest Emergency Providers is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-1903275, based in Winstonsalem, North Carolina. Donations are tax-deductible.
- What is Wake Forest Emergency Providers's EIN?
- Wake Forest Emergency Providers's Employer Identification Number (EIN) is 56-1903275.
- How much revenue does Wake Forest Emergency Providers report?
- Wake Forest Emergency Providers reported $118,762,167 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Wake Forest Emergency Providers's spending goes to programs?
- Wake Forest Emergency Providers spends about 98% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Wake Forest Emergency Providers have?
- CharityIndex grades Wake Forest Emergency Providers C+, based on program efficiency and fundraising cost.
- How much does Wake Forest Emergency Providers's highest-paid employee make?
- The highest reported compensation on Wake Forest Emergency Providers's latest Form 990 is $653,824, paid to Pierce Hibma Md (Director).
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Data for Wake Forest Emergency Providers (EIN 56-1903275) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.