Wake Forest University Health Sciences Group Return
90% goes to programs Strong reserves Growing revenue
Wake Forest University Health Sciences Group Return is a 501(c)(3) organization based in Winstonsalem, North Carolina, registered in 2002, with $106,748,590 in FY2024 revenue. CharityIndex grades it A, and it directs about 90% of spending to programs.
Medical Center Boulevard, Winstonsalem, NC, 27157 EIN 90-0222618 Since 2002
Revenue (FY2024)
$106.7M
▲ 3.4% vs prior year
Education median: $200K
Expenses (FY2024)
$88.2M
Net assets
$338.6M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating90% 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 University Health Sciences Group Return: 90% to programs earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating46 mo reserves · +17% 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 University Health Sciences Group Return: 46 mo reserves · +17% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 University Health Sciences Group Return: 5 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 University Health Sciences Group Return: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Outpatient medical clinics for the promotion of health for the benefit of the community.
Contact & location
- Address
- Medical Center Boulevard, Winstonsalem, NC, 27157
- City
- Winstonsalem
- State
- North Carolina
- Category
- Education
- Subcategory
- Graduate & Professional Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $73.3M (FY2013) to $106.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $7.0MNet assets $338.6M
Operating margin
17.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$345.5M
Total liabilities
$7.0M
Net assets
$338.6M
Salaries & benefits
$0
0% of expenses
Board members
5
1 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $106,748,590▲3.4% | $88,185,647▲1.3% | $338,576,097▲5.8% | $345,543,931▲5.4% | 990 |
| 2023 | $103,242,222▼3.3% | $87,062,249▼0.2% | $320,013,154▲5.3% | $327,748,648▲5.1% | 990 |
| 2022 | $106,760,501▲89.2% | $87,243,085▲92.4% | $303,833,181▲6.9% | $311,898,547▲5.9% | 990 |
| 2021 | $56,430,791▼49.3% | $45,341,249▼49.7% | $284,315,765▲4.1% | $294,523,544▲4.2% | 990 |
| 2020 | $111,398,791▲0.1% | $90,120,907▼0.4% | $273,226,223▲8.4% | $282,624,081▲7.9% | 990 |
| 2019 | $111,319,113▲7.0% | $90,478,094▲6.7% | $251,948,339▲9.0% | $261,972,979▲9.7% | 990 |
| 2018 | $104,012,236▲11.7% | $84,765,511▲11.1% | $231,107,320▲9.1% | $238,734,104▲9.1% | 990 |
| 2017 | $93,091,423▲11.3% | $76,327,778▲16.3% | $211,860,595▲8.6% | $218,753,107▲9.2% | 990 |
| 2016 | $83,632,375▲0.3% | $65,608,198▲1.5% | $195,096,950▲10.2% | $200,306,258▲9.4% | 990 |
| 2015 | $83,345,235▲3.3% | $64,627,156▲4.6% | $177,072,773▲11.8% | $183,135,175▲11.3% | 990 |
| 2014 | $80,646,283▲10.0% | $61,786,852▲4.5% | $158,354,694▲13.5% | $164,505,958▲14.2% | 990 |
| 2013 | $73,311,774 | $59,153,563▲4.6% | $139,495,263▲11.3% | $144,107,086▲10.0% | 990 |
| 2012 | — | $56,571,128▲0.5% | $125,337,052▲15.0% | $131,042,363▲13.2% | 990 |
| 2011 | — | $56,287,122▲9.0% | $108,979,647▲13.5% | $115,752,105▲11.1% | 990 |
| 2010 | — | $51,630,336▼2.1% | $95,992,563▲13.9% | $104,213,267▲12.9% | 990 |
| 2009 | — | $52,729,534 | $84,283,529 | $92,321,697 | 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: Bradley A Clark — $2,513,703 (2.85% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Bradley A Clark | Former Officer | 0 | $2,513,703 |
| Terry G Williams | Director | 5 | $2,204,442 |
| Stephan L Lillie | Treasurer | 5 | $666,639 |
| David Zaas Md | Director | 5 | — |
| J Reid Morgan | Former Officer (6/30/23) | 0 | — |
| Julie Ann Freischlag Md | Chair & President | 0.5 | — |
| Kevin P High Md | Director | 1 | — |
| Russell M Howerton Md | Former Director | 0 | — |
| Terry L Hales Jr | Director & Asst Treasurer | 0.5 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Hsm Dialysis Centers LLC | Management Services | $8,239,516 |
| Nephrology Associates | Medical Director | $647,530 |
| High Point Nephrology Associates | Medical Director | $165,434 |
| Iredell Nephrology | Medical Director | $137,391 |
| Renal Wise | Consulting Services | $100,200 |
Grants received · $477K total
15 grants to Wake Forest University Health Sciences Group Return totaling $477K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Winston-salem Foundation | 4 grant(s) for varying purposes | 2024 | $7,804 |
| Winston-salem Foundation | 4 grant(s) for varying purposes | 2023 | $7,732 |
| Northwestern University | Support of research activities | 2022 | $119,827 |
| Winston-salem Foundation | 4 grant(s) for varying purposes | 2022 | $7,520 |
| Northwestern University | Support of research activities | 2021 | $103,953 |
| Winston-salem Foundation | 4 grant(s) for varying purposes | 2021 | $7,164 |
| Northwestern University | Support of research activities | 2020 | $76,947 |
| Winston-salem Foundation | 4 grant(s) for varying purposes | 2020 | $7,088 |
| Northwestern University | Support of research activities | 2019 | $16,834 |
| Winston-salem Foundation | 4 grant(s) for varying purposes | 2019 | $6,892 |
| Northwestern University | Support of research activities | 2018 | $15,818 |
| Northwestern University | Support of research activities | 2017 | $19,637 |
| Northwestern University | Support of research activities | 2016 | $26,669 |
| Northwestern University | Support of research activities | 2015 | $41,663 |
| Northwestern University | Support of research activities | 2014 | $10,990 |
Grants made · $1.4M in FY2024
1 grant totaling $1.4M in FY2024. All grants made by Wake Forest University Health Sciences Group Return →
| Recipient | Purpose | Amount |
|---|---|---|
| American Kidney Fund Inc | Financial assistance program for qualified kidney patients | $1,366,879 |
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Frequently asked questions
- Is Wake Forest University Health Sciences Group Return a legitimate nonprofit?
- Yes. Wake Forest University Health Sciences Group Return is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 90-0222618, based in Winstonsalem, North Carolina. Donations are tax-deductible.
- What is Wake Forest University Health Sciences Group Return's EIN?
- Wake Forest University Health Sciences Group Return's Employer Identification Number (EIN) is 90-0222618.
- How much revenue does Wake Forest University Health Sciences Group Return report?
- Wake Forest University Health Sciences Group Return reported $106,748,590 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Wake Forest University Health Sciences Group Return's spending goes to programs?
- Wake Forest University Health Sciences Group Return spends about 90% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Wake Forest University Health Sciences Group Return have?
- CharityIndex grades Wake Forest University Health Sciences Group Return A, based on program efficiency and fundraising cost.
- How much does Wake Forest University Health Sciences Group Return's highest-paid employee make?
- The highest reported compensation on Wake Forest University Health Sciences Group Return's latest Form 990 is $2,513,703, paid to Bradley A Clark (Former Officer).
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Data for Wake Forest University Health Sciences Group Return (EIN 90-0222618) 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.