Winston-salem Academy Inc
Only null% goes to programs Thin reserves Growing revenue
Winston-salem Academy Inc is a 501(c)(3) organization based in Winston Salem, North Carolina, registered in 2002, with $9,461,137 in FY2023 revenue. CharityIndex grades it C.
5426 Shattalon Dr, Winston Salem, NC, 27106 EIN 56-2108610 Since 2002
Revenue (FY2023)
$9.5M
▲ 0.1% vs prior year
Education median: $200K
Expenses (FY2023)
$9.4M
Net assets
$231K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—Program efficiency40% of the ratingNo expense breakdown in filings
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. Not scored for Winston-salem Academy Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CFinancial 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 Winston-salem Academy Inc: 0 mo reserves · +1% margin earns a C on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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. Not scored for Winston-salem Academy Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Winston-salem Academy Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 5426 Shattalon Dr, Winston Salem, NC, 27106
- City
- Winston Salem
- State
- North Carolina
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Website
- …
Financial trends
Revenue grew from $5.9M (FY2013) to $9.5M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $2.1MNet assets $231K
Operating margin
0.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.3M
Total liabilities
$2.1M
Net assets
$231K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $9,461,137▲0.1% | $9,405,994 | $231,066▲31.3% | $2,321,816▲13.4% | 990 |
| 2022 | $9,447,693▲8.6% | $9,402,651▲8.8% | $175,923▲34.4% | $2,046,755▲63.7% | 990 |
| 2021 | $8,699,617▲9.3% | $8,640,539▲8.9% | $130,881▲82.3% | $1,250,312▲26.9% | 990 |
| 2020 | $7,957,600▲15.4% | $7,937,247▲15.5% | $71,803▲39.6% | $985,423▲56.8% | 990 |
| 2019 | $6,893,617▲5.8% | $6,872,223▲5.6% | $51,450▲71.2% | $628,269▲91.5% | 990 |
| 2018 | $6,516,308▲2.5% | $6,510,052▲2.4% | $30,056▲26.3% | $328,153▲56.8% | 990 |
| 2017 | $6,360,072▲10.1% | $6,358,392▲10.2% | $23,800▲7.6% | $209,276▲22.6% | 990 |
| 2016 | $5,778,181▼5.3% | $5,771,715▼5.5% | $22,120▲41.3% | $170,675▼1.1% | 990 |
| 2015 | $6,102,771▼1.3% | $6,105,540▼1.3% | $15,654▼15.0% | $172,578▼41.0% | 990 |
| 2014 | $6,181,822▲5.1% | $6,186,666▲5.0% | $18,423▼20.8% | $292,504▼38.5% | 990 |
| 2013 | $5,882,305 | $5,893,999▲1.7% | $23,267▼33.4% | $475,477▲788% | 990 |
| 2012 | — | $5,793,953 | $34,961 | $53,563 | 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.
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Compare Winston-salem Academy Inc
Frequently asked questions
- Is Winston-salem Academy Inc a legitimate nonprofit?
- Yes. Winston-salem Academy Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-2108610, based in Winston Salem, North Carolina. Donations are tax-deductible.
- What is Winston-salem Academy Inc's EIN?
- Winston-salem Academy Inc's Employer Identification Number (EIN) is 56-2108610.
- How much revenue does Winston-salem Academy Inc report?
- Winston-salem Academy Inc reported $9,461,137 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Winston-salem Academy Inc have?
- CharityIndex grades Winston-salem Academy Inc C, based on financial health (reserves and operating margin).
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Data for Winston-salem Academy Inc (EIN 56-2108610) 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.