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Wayne Action Group for Economic Solvency

Goldsboro, NC · EIN 56-6070824 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Wayne Action Group for Economic Solvency reported $17.8 million in revenue and $18.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $98.71 went to program services, $1.29 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 94.2% of the total. Government grants made up 88.4%. The highest compensation it reported for one person was $207,614 (CHIEF EXECUTIVE OFFICER). 2 people received more than $100,000 in reportable compensation. Revenue rose 37% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $18M

For context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $18M

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

FY2025 filing. Median across 3,614 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
98.7%87.2%
Management & general
Part IX 25(C) ÷ 25(A)
1.3%11.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
94.2%20.6%
Government grants share of revenue
Part VIII 1e ÷ 12
88.4%2.4%
Program service revenue share
Part VIII 2g ÷ 12
5.8%70.8%
Highest reported compensation
Part VII-A, columns D–F
$207,614$274,992
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.16%1.18%
People paid over $100,000
Part VII, line 2
26
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
5.36.9
Independent voting board members
Part VI 1a–1b
15 of 15100.0%

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

FY2025 · Form 990, Part III · the three largest programs by expense
$13M expenses · 72.7% of program spending

Head start/early head start (hs/ehs)programs are designed to promote early childhood development and education, beginning in the early learning stages for infants and toddlers (birth-to-2 years-old), and preschoolers (3-5 years-old). Hs/ehs services support the physical, developmental, and social-emotional needs of children that are eligible for enrollment in the program. Provisions are made for children in foster care, children with special needs, and also, children in homeless situations. Comprehensive services for hs/ehs children inclide developmental and behavioral screenings, health…

$2.3M expenses · 12.8% of program spending

Power to help a child who needs them. The senior companion program and foster grandparent program serve wayne and wilson counties

$1.7M expenses · 9.5% of program spending

Nutritions-serves meals at congregate sites to age-eligible citizens. Priority is based on age, income, and disability. The recipients must be physically able to participate at a congregate site where they get a hot meal, have educational opportunities and get social interaction. There are also home delivered meals which are delivered by volunteers to recipients who are age, income and disability eligible and not able to prepare at least one meal per day

$878K all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHIEF EXECUTIVE OFFICER
Officer, 40.00 hrs/week
$179,457$0$28,157$207,614
CHIEF FINANCIAL OFFICER
Officer, 40.00 hrs/week
$110,180$0$0$110,180

2 people received more than $100,000 in reportable compensation from Wayne Action Group for Economic Solvency (Part VII, line 2). Compensation of current officers, directors and key employees totaled $318K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$18M$18M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$18M$18M98.7%$7.9M$207,614
FY2024 ⓘ$18M$17M93.0%$8.2M$198,883
FY2023 ⓘ$17M$15M92.7%$7.8M$194,177
FY2022 ⓘ$16M$15M92.0%$6.7M$131,240
FY2021 (amended) ⓘ$15M$14M93.6%$5.6M—
FY2020 ⓘ$13M$13M94.0%$4.8M—

Governance answers, as filed

FY2025 · 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–1b15 · 15 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 15aYes
  • 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 5274
  • Volunteers Part I, line 6100

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
AGGIE TECHNOLOGIES NORTH CAROLINA
$247,576
SMITH SERVICE COMPANY
$130,301
PERFECTION SIMPLY ANTONIO JONES
$126,674
ANTIOCH MISSIONARY BAPTIST CHURCH
$115,200

Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.

Private foundation grants it received

2 private foundations reported grants to Wayne Action Group for Economic Solvency totaling $30,066 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

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

Similar-sized charities in this cause

All human services charities · Largest charities in North Carolina

Questions people ask

How much of Wayne Action Group for Economic Solvency's spending goes to programs?

In the fiscal year ending June 30, 2025, Wayne Action Group for Economic Solvency reported that 98.7% of its $18.0 million in expenses went to program services, 1.3% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Wayne Action Group for Economic Solvency pay its top executive?

The largest total compensation Wayne Action Group for Economic Solvency reported for one person in the fiscal year ending June 30, 2025 was $207,614, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Wayne Action Group for Economic Solvency get its money?

Of $17.8 million in revenue in the fiscal year ending June 30, 2025, 94.2% came from contributions and grants (including 88.4% from government grants) and 5.8% from program service revenue (Form 990, Part VIII).

Is Wayne Action Group for Economic Solvency a registered charity?

The IRS lists EIN 56-6070824 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), 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

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202620509349300442 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202520559349300202 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421349349302382 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341329349301734 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021 (amended), object 202212649349301126 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111979349301106 · read the filing

All filings for EIN 56-6070824: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.