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Wade Edwards Foundation

Wade Edwards Foundation

Raleigh, NC 27605
Tax ID56-1970957

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About this organization

Revenue

$194,755

Expenses

$139,779

Mission

Providing the student community with opportunities for achievement, enrichment and service in preparation for personal and academic success.

About

The Wade Edwards Foundation offers after school academic support, post-secondary planning and summer technology and enrichment programs to Wake County high school students. Programming includes access to the computer lab, positive youth development workshops and community service programs. The foundation fills a critical gap for high school students with few opportunities available to them in the community. Our core services include tutoring and academic assistance, post-secondary planning, ACT/SAT test prep, work-force development skill building, and opportunities for community service. In addition, our hi-tech teens program offers monthly workshops on STEM subjects. During the 2018-2019 school year the Wade Edwards Foundation served over 800 students from 19 different high schools.

Interesting data from their 2020 990 filing

The filing clearly states the mission of the non-profit as “Providing the student community with opportunities for achievement, enrichment and service in preparation for personal and academic success.”.

When outlining its functions, they were explained as: “Providing the student community with opportunities for achievement, enrichment and service in preparation for personal and academic success.”.

  • In compliance with legal regulations, the non-profit has reported their state of operation as NC.
  • The filing records the non-profit's address for 2020 as 714 SAINT MARYS STREET, RALEIGH, NC, 27605.
  • As of 2020, the non-profit's form reports a total of 0 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $100,000 and $250,000.
  • Revenue is between $100,000 and $250,000.
  • Revenue less expenses is $54,976.
  • The CEO's salary plan within the organization is subject to review and endorsement by an independent body.
  • The organization has 15 independent voting members.
  • The organization was formed in 1996.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization's financial statements were compiled or reviewed by an accountant.
  • The organization pays $21,132 in salary, compensation, and benefits to its employees.
  • The organization pays $14,338 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.

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