EAST WAKE FIRST CHARTER SCHOOL (EIN 562076997) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

ANTHONY PIRRELLO

Phone

9194040444

Tax Period

2024-07-01 to 2025-06-30

EAST WAKE FIRST CHARTER SCHOOL, founded in 1998, is a mid-sized nonprofit in the Education sector that reported $14.5M in total revenue in fiscal year 2024.

Mission

OPERATION OF A PUBLIC CHARTER SCHOOL

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $13,826,853

Program Service Revenue $386,707

Investment Income $119,883

Other Revenue $130,572

TOTAL REVENUE $14,464,015

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,469,381

Fundraising Expenses $42,500

Program Expenses $11,740,798

Other Expenses $4,099,175

TOTAL EXPENSES $14,611,056

Year-over-Year Comparison

	2024	2023	Change
Revenue	$14,464,015	$13,729,931	+0.1%
Expenses	$14,611,056	$13,054,422	+0.1%
Net Income	$-147,041	$675,509	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

190

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$149,295

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSH BURNETTE	CHAIR	1.00	Officer Director	$0	$0	$0
HEATHER COLLIER	SECRETARY	1.00	Officer Director	$0	$0	$0
WAYNE DUPREE	TREASURER	1.00	Officer Director	$0	$0	$0
JOHN BROADFOOT	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH TARLTON	DIRECTOR	1.00	Director	$0	$0	$0
ALAN TAYLOR	DIRECTOR	1.00	Director	$0	$0	$0
DEREK PRUITT	DIRECTOR	1.00	Director	$0	$0	$0
AMANDA GUY	DIRECTOR	1.00	Director	$0	$0	$0
LINDSEY FLEMING	DIRECTOR	1.00	Director	$0	$0	$0
ANTHONY PIRRELLO	EXECUTIVE DIRECTOR	40.00	Officer	$149,295	$0	$149,295
VIRGINIA JACOBS	DIRECTOR OF CURRICULUM & INSTR.	40.00	Highest	$106,888	$0	$106,888

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$14,464,015	$14,611,056	$20,761,187	$-147,041
2024	$13,729,931	$13,054,422	$20,058,672	$675,509
2023	$13,305,899	$11,310,622	$19,577,620	$1,995,277
2022	$12,517,626	$10,948,291	$17,699,108	$1,569,335
2021	$11,394,430	$10,852,762	$17,731,293	$541,668
2020	$11,016,702	$10,842,251	$16,454,406	$174,451
2019	$10,430,691	$10,009,150	$16,397,133	$421,541

EAST WAKE FIRST CHARTER SCHOOL