Wake Monarch

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

Will Newton

Phone

9199256950

Tax Period

2024-07-01 to 2025-06-30

Wake Monarch, founded in 2018, is a small nonprofit in the Education sector that reported $439K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year.

Mission

Recovery from substance use disorder by youth.

Program Service Accomplishments

Program 1

Expenses: $345,713 Revenue: $103,668

To create programs and environments aimed at the prevention, reduction of, and recovery from substance use disorder by youth.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $239,993

Program Service Revenue $103,668

Investment Income $7,328

Other Revenue $88,499

TOTAL REVENUE $439,488

Expense Breakdown

Grants Paid $0

Salaries & Benefits $176,989

Fundraising Expenses $33,743

Program Expenses $345,713

Other Expenses $268,351

TOTAL EXPENSES $445,340

Year-over-Year Comparison

	2024	2023	Change
Revenue	$439,488	$517,344	-0.2%
Expenses	$445,340	$364,864	+0.2%
Net Income	$-5,852	$152,480	-1.0%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

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

$84,767

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Leah Wright	Head of School	040.00	Officer	$84,767	$0	$84,767
Lauren Williams	Co-Chair	010.00	Officer Director	$0	$0	$0
Bonnie Duncan	Co-Chair	010.00	Officer Director	$0	$0	$0
Will Newton	Treasurer	010.00	Officer Director	$0	$0	$0
Ashley Riggleman	Secretary through January 2025	005.00	Officer Director	$0	$0	$0
Jacques Gilbert	Board Member	002.00	Director	$0	$0	$0
Jeremy Davis	Board Member	005.00	Director	$0	$0	$0
Rebecca Brigham	Board Member	005.00	Director	$0	$0	$0
Jacob Rodman	Board Member	002.00	Director	$0	$0	$0
Jay Holder	Board Member	002.00	Director	$0	$0	$0
Kenny Ferguson	Board Member	002.00	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	$439,488	$445,340	$268,540	$-5,852
2024	$517,344	$364,864	$264,019	$152,480
2023	$297,936	$348,368	$110,500	$-50,432