Mission
Operation of a North Carolina public charter school
Public Charity
Wake Preparatory Academy
Wake Preparatory Academy is a nonprofit organization categorized as Public Charity based in Wake Forest, NC. Its most recent IRS filing (2025) reports revenue of $30.6M, expenses of $30.7M, total assets of $41.4M.
EIN: 813748488
Wake Forest, NC
Charter Schools
NTEE: B29
Latest filing: 2025
Total Revenue$30.6M
Total Expenses$30.7M
Total Assets$41.4M
Grant Records0
Filing Years2023–2025
Where $100 goes at Wake Preparatory Academy
How Wake Preparatory Academy divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.
$63
Programs
the work itself
$37
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $63 for programs
$63
Operation of a charter school serving approximately 2,618 students for the fiscal year ended June 30, 2025
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
Secretary
Dustin Baptiste
President
Kyle Shrauger
Vice President
Michael Featham
Board Member
Rev Dr William Seaman
Board Member
Rev Larry Wilder
Treasurer
Tammy Alexander
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $30.6M | $30.7M | $41.4M |
| 2024 | $25.5M | $25.0M | $43.5M |
| 2023 | $18.2M | $20.0M | $45.4M |
Between 2023 and 2025, reported annual revenue grew from $18.2M to $30.6M (+69%), with total assets most recently reported at $41.4M.
Interactive year-over-year charts and full filing details available with membership.