WAKE FOREST COLLEGE BIRTHPLACE SOCIETY INC

EIN: 566072013 501(c)(3)

WAKE FOREST, NC

Total Revenue
$185,028
Total Expenses
$199,841
Total Assets
$3,254,026
Net Assets
$3,247,090
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
NC
Principal Officer
WALT REYNOLDS
Tax Period
2025-01-01 to 2025-12-31

WAKE FOREST COLLEGE BIRTHPLACE SOCIETY INC, founded in 1960, is a small nonprofit that reported $185K in total revenue in fiscal year 2025. Net assets of $3.2M represent 211 months of operating reserves.

Mission

TO PRESERVE, SHARE, AND SUPPORT THE FULL UNIQUE HISTORY AND CULTURE OF WAKE FOREST - COLLEGE, TOWN, AND UNIVERSITY; AND IN COOPERATION WITH WAKE FOREST UNIVERSITY TO CREATE A LIVING LABORATORY OF ACADEMIC INQUIRY INTO CIVIC, COMMUNITY, AND INSTITUTIONAL HISTORY.

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Trantor Score

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

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $139,221
Program Service Revenue $0
Investment Income $42,020
Other Revenue $3,787
TOTAL REVENUE $185,028

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $1,959
Program Expenses $169,784
Other Expenses $197,882
TOTAL EXPENSES $199,841

Year-over-Year Comparison

2025 2024 Change
Revenue $185,028 $176,082 +0.1%
Expenses $199,841 $111,118 +0.8%
Net Income $-14,813 $64,964 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
25

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
5
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WALT REYNOLDS PRESIDENT 4.00
Officer Director
$0 $0 $0
SANDRA BOYETTE VICE PRESIDE 4.00
Officer Director
$0 $0 $0
ROB OUTLAND 2ND VICE PRE 4.00
Officer Director
$0 $0 $0
ELIZABETH MELVIN SECRETARY 0.50
Officer Director
$0 $0 $0
KEN WRIGHT TREASURER 4.00
Officer Director
$0 $0 $0
SHELMER BLACKBURN JR WFU BOARD OF 0.50
Director
$0 $0 $0
ELAINE COOKE BOARD MEMBER 0.50
Director
$0 $0 $0
RUTH ANN DYER BOARD MEMBER 0.50
Director
$0 $0 $0
HALLIE HEARN BOARD MEMBER 0.50
Director
$0 $0 $0
BETH LAUGHRIDGE BOARD MEMBER 0.50
Director
$0 $0 $0
JOHN MITCHELL BOARD MEMBER 0.50
Director
$0 $0 $0
CHIP RUSSELL BOARD MEMBER 0.50
Director
$0 $0 $0
KEITH SHACKLEFORD BOARD MEMBER 0.50
Director
$0 $0 $0
JANICE WILLIAMS BOARD MEMBER 0.50
Director
$0 $0 $0
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 $185,028 $199,841 $3,254,026 $-14,813
2024 $176,082 $111,118 $3,257,263 $64,964
2023 $561,673 $372,109 $3,210,234 $189,564
2022 $83,760 $92,362 $3,035,694 $-8,602
2021 $181,614 $74,334 $3,068,479 $107,280
2020 $100,243 $94,619 $2,979,641 $5,624
2019 $128,671 $85,046 $2,968,631 $43,625
2018 $126,276 $74,375 $2,941,809 $51,901
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