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Wake Forest Emergency Providers

Winstonsalem, NC · EIN 56-1903275 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Wake Forest Emergency Providers reported $118.8 million in revenue and $120.5 million in expenses for calendar year 2024. Of every $100 it spent, $98.42 went to program services, $1.58 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 100.0% of the total. The highest compensation it reported for one person was $885,678 (CHAIR & PRESIDENT). 414 people received more than $100,000 in reportable compensation. Revenue rose 125% between FY2020 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $120M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $119M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
98.4%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
1.6%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
100.0%93.7%
Highest reported compensation
Part VII-A, columns D–F
$885,678$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.74%1.34%
People paid over $100,000
Part VII, line 2
41427
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-0.36.6
Independent voting board members
Part VI 1a–1b
4 of 588.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$119M expenses · 100.0% of program spending · grants $52,449 · revenue $119M

No description in Part III; see the filing.

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHAIR & PRESIDENT
Director/trustee, officer, 12.00 hrs/week
$0$820,222$65,456$885,678
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$0$671,397$60,128$731,525
DIRECTOR
Director/trustee, 40.00 hrs/week
$653,824$0$56,017$709,841
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$0$613,938$58,429$672,367
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$576,715$0$51,646$628,361
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$567,186$0$59,471$626,657
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$530,602$0$60,513$591,115

414 people received more than $100,000 in reportable compensation from Wake Forest Emergency Providers (Part VII, line 2).

6 filings since FY2020

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$119M$120M98.4%−$2.9M$885,678
2023 ⓘ$91M$90M97.6%−$1.2M$864,451
2022 ⓘ$75M$72M98.1%−$2.0M$1,870,719
FY2021 (6 mo.) ⓘ$26M$28M97.7%−$4.9M$1,706,362
FY2021 ⓘ$55M$54M97.9%−$2.7M$1,417,720
FY2020 ⓘ$53M$50M97.9%−$3.6M$1,328,853

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b5 · 4 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5643
  • Volunteers Part I, line 65

Correct a figure or respond

Every number above is copied from Wake Forest Emergency Providers's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Wake Forest Emergency Providers, you can publish a response that is linked from this page.

Questions people ask

How much of Wake Forest Emergency Providers's spending goes to programs?

In calendar year 2024, Wake Forest Emergency Providers reported that 98.4% of its $120.5 million in expenses went to program services, 1.6% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Wake Forest Emergency Providers pay its top executive?

The largest total compensation Wake Forest Emergency Providers reported for one person in calendar year 2024 was $885,678, for the role of CHAIR & PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Wake Forest Emergency Providers get its money?

Of $118.8 million in revenue in calendar year 2024, 0.0% came from contributions and grants and 100.0% from program service revenue (Form 990, Part VIII).

Is Wake Forest Emergency Providers a registered charity?

The IRS lists EIN 56-1903275 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202503219349301400 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202443209349300204 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202313189349305836 · read the filing
  • FY2021 (6 mo.): Form 990 for the 6-month short period ending December 31, 2021, object 202243189349301749 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221439349301222 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141349349301779 · read the filing

All filings for EIN 56-1903275: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.