2024-05-13T15:20:09-05:00 2023-06-30 561750124 BATCHELOR TILLERY & ROBERTS LLP 3605 GLENWOOD AVENUE SUITE 350 RALEIGH NC 27612 990 2022-07-01 581518182 WAKE EDUCATION PARTNERSHIP WAKE 9198217609 1816 CAPITAL BLVD RALEIGH NC 27604 KEITH POSTON PRESIDENT 9198217609 2024-05-13 1 KEITH POSTON 999009999 0 MICHELLE W LEMANSKI P00858709 9197878212 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X KEITH POSTON 1816 CAPITAL BLVD RALEIGH NC 27604 1713197 0 X WAKEED.ORG X 1983 NC SUPPORTED BY PASSIONATE AND WELL-TRAINED TEACHERS AND PRINCIPALS, EVERY STUDENT WILL GRADUATE WITH THE SKILLS REQUIRED TO SUCCEED IN A GLOBAL ECONOMY. 34 33 8 670 0 0 872982 953272 0 0 -306174 270071 22603 25528 589411 1248871 175791 216354 0 0 291105 505492 0 0 69875 382519 612827 849415 1334673 -260004 -85802 3277721 3265124 261195 334400 3016526 2930724 X TO ENGAGE, INFORM, AND MOBILIZE THE BUSINESS COMMUNITY AND COMMUNITY-AT-LARGE IN COLLABORATION WITH THE WAKE COUNTY PUBLIC SCHOOL SYSTEM TO PROVIDE EVERY STUDENT WITH EXCELLENT EDUCATIONAL OPPORTUNITIES, HIGHLY EFFECTIVE TEACHERS, AND STRONG LEADERS. 0 0 643527 IN 2022, WAKEED LAUNCHED TOOLS4SCHOOLS, A FREE CLASSROOM SUPPLY STORE FOR WAKE COUNTY PUBLIC SCHOOL SYSTEM EDUCATORS. TOOLS4SCHOOLS WILL SURPASS $1 MILLION IN HIGH-DEMAND, FREE CLASSROOM SUPPLIES GIVEN AWAY THIS SCHOOL YEAR. IN JUST TWO YEARS, THE PROGRAM HAS SERVED 100% OF WAKE COUNTY PUBLIC SCHOOLS, WITH AT LEAST ONE TEACHER FROM EACH SCHOOL TAKING ADVANTAGE OF SHOPPING FOR FREE AT THE STORE. TOOLS4SCHOOLS ADDRESSES THE SIGNIFICANT GAP IN FUNDING FOR CLASSROOM SUPPLIES IN WAKE COUNTY. IN A SURVEY CONDUCTED BY WAKEED PARTNERSHIP, EDUCATORS REPORTED SPENDING AN AVERAGE OF $916 OF THEIR PERSONAL MONEY ON SCHOOL SUPPLIES PER SCHOOL YEAR. TOOLS4SCHOOLS OPERATES LIKE A RETAIL STORE. INSTEAD OF SPENDING THEIR PERSONAL MONEY, EDUCATORS RECEIVE 100 POINTS EACH ACADEMIC QUARTER TO STOCK THEIR CLASSROOMS WITH SUPPLIES. 98% OF PARTICIPANTS SAY THE PROGRAM REDUCED THEIR OUT-OF-POCKET EXPENSES. 90% OF PARTICIPANTS AGREE THE PROGRAM HAS HAD A POSITIVE IMPACT ON STUDENT PREPARATION. WAKEED LEADS SEVERAL WORKFORCE-FOCUSED PROGRAMS FOR STUDENTS AND TEACHERS. IN 2022, WAKEED CREATED TWO NEW CAREER PATHWAYS PROGRAMS FOR WAKE COUNTY PUBLIC SCHOOL SYSTEM STUDENTS UNDER THE UMBRELLA ACCELERATE. CAREER EXPLORATION IS A YEAR-ROUND PROGRAM FOR MIDDLE SCHOOL STUDENTS AND CAREER ACCELERATOR IS A WEEKLONG SUMMER PROGRAM FOR HIGH SCHOOL STUDENTS. THESE PROGRAMS HAVE COLLECTIVELY ENGAGED MORE THAN 40 TRIANGLE-AREA COMPANIES TO PROVIDE BUSINESS IMMERSION EXPERIENCES AND CREDENTIALING OPPORTUNITIES FOR WORKFORCE DEVELOPMENT TO 650 STUDENTS. FOR THE LAST 9 YEARS WAKEED HAS LED SUMMERSTEM. SUMMERSTEM OFFERS K-12 EDUCATORS PAID IMMERSIVE EXPERIENCES WITH STEM BUSINESSES THROUGHOUT THE SCHOOL YEAR TO UNDERSTAND THE SKILLS NECESSARY TO SUCCEED IN THE WORKPLACE USING PROJECT-BASED LEARNING (PBL). PARTNERS READ IS WAKEED'S LITERACY PROGRAM THAT SUPPORTS GRADE-LEVEL READING PROFICIENCY FOR STRUGGLING FIRST GRADE READERS. VOLUNTEERS READ WITH STUDENTS FOR 30 MINUTES ON FRIDAY MORNINGS FOR 20 WEEKS DURING THE SCHOOL YEAR. STUDENTS TAKE THE BOOKS THEY READ HOME TO BUILD A HOME LIBRARY. 204811 SCHOLARSHIPS - THE COACH BOB PITTARD SCHOLARSHIP FUND WAS ESTABLISHED IN 2018, AFTER FORMER APEX HIGH SCHOOL TEACHER AND COACH ROBERT RAY PITTARD LEFT $2.7 MILLION TO WAKEED PARTNERSHIP TO ESTABLISH A SUSTAINABLE SCHOLARSHIP FUND FOR STUDENT ATHLETES AT APEX HIGH SCHOOL AND GREEN HOPE HIGH SCHOOL. THE COACH BOB PITTARD SCHOLARSHIP FUND IS AVAILABLE TO THOSE GRADUATING SENIORS FROM APEX HIGH SCHOOL AND GREEN HOPE HIGH SCHOOL, LOCATED IN WAKE COUNTY WHO, DURING THEIR HIGH SCHOOL YEARS, EARNED A VARSITY LETTER FOR PARTICIPATION IN A FULL SEASON IN A VARSITY SPORT. THE VALUE OF THE SCHOLARSHIP, WHICH MAY BE RENEWABLE FOR AN ADDITIONAL THREE YEARS, IS $12,500 PER ACADEMIC YEAR. IN SIX YEARS, 88 STUDENTS HAVE BEEN NAMED COACH BOB PITTARD SCHOLARS WITH THEIR AWARDS TOTALING MORE THAN $1,112,500. 34744 COMMUNICATIONS & COMMUNITY OUTREACH - A SIGNIFICANT ROLE OF WAKEED IS TO INFORM THE PUBLIC, BUSINESS LEADERS AND ELECTED OFFICIALS ABOUT WHAT WORKS IN SCHOOLS AND CLASSROOMS TO PROMOTE ACADEMIC GROWTH. WE ALSO PROVIDE CLEAR, INDEPENDENT COMMENTARY AND REVIEW OF EDUCATION POLICY ISSUES. IN CONTEXT AND WAKEEDGE PUBLICATIONS ARE USED AS PRIMARY COMMUNICATIONS CHANNELS AND ARE DISTRIBUTED TO AN AUDIENCE OF OVER 5,000 PEOPLE IN WAKE COUNTY. IN CONTEXT IS PUBLISHED MONTHLY AND REPORTS ON KEY EDUCATIONAL ISSUES BEING ADDRESSED AT THE LOCAL, STATE, AND NATIONAL LEVELS. IT ALSO PROVIDES VALUABLE INFORMATION REGARDING DISCUSSIONS AND DECISIONS COMING FROM THE SCHOOL BOARD AND EXPLAINS THE IMPACT ON STUDENT ACHIEVEMENT. WAKEEDGE IS PUBLISHED AS NEEDED TO PROVIDE THE COMMUNITY UPDATES ON KEY LEGISLATION, BUDGETARY DECISIONS AND ISSUES AFFECTING WCPSS. THIS PUBLICATION SERVES AS AN ALERT FOR STAKEHOLDERS TO ENGAGE WITH WAKEED ON ADVOCACY EFFORTS WHEN A "CALL TO ACTION" IS WARRANTED. OPEN RATES FOR THESE PUBLICATIONS EXCEED INDUSTRY AVERAGE. 8776 RESEARCH & ADVOCACY - WAKEED WORKS TO INFLUENCE AND CHAMPION COMMUNITY DISCUSSION AND ACTIONS BY ELECTED LEADERS REGARDING CRITICAL EDUCATION POLICY ISSUES. THIS INCLUDES EMPHASIZING THE ECONOMIC IMPACT OF AN EXCELLENT PUBLIC SCHOOL SYSTEM. WAKEED WORKED WITH MEMBERS OF THE WAKE COUNTY LEGISLATIVE DELEGATION AND COMMUNITY PARTNERS TO ADVOCATE FOR INCREASES IN TEACHER AND ADMINISTRATOR COMPENSATION, FUNDING FOR A TEACHER CAREER PATHWAY PROGRAM, FLEXIBILITY IN IMPLEMENTING THE NEW K-3 CLASS-SIZE MANDATES, AND FUNDING FOR PROGRAM ENHANCEMENT TEACHERS. WAKEED WORKED WITH THE WAKE COUNTY BOARD OF COMMISSIONERS TO RESOLVE BUDGETARY GAPS IN THEIR RECOMMENDED SCHOOL FUNDING VERSUS THE PROPOSED BUDGET SUBMITTED BY THE BOARD OF EDUCATION. 14150 EVENTS 22926 906008 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 8 1 0 0 0 0 0 0 0 0 0 0 X 34 33 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X KEITH POSTON 9198217609 1816 CAPITAL BLVD RALEIGH NC 27604 SCOTT DUDA DIRECTOR 2.00 X 0 0 0 GARY GREENE DIRECTOR 2.00 X 0 0 0 MARION ROBINSON DIRECTOR 2.00 X 0 0 0 JOHN HUMMEL DIRECTOR 2.00 X 0 0 0 STEPHANIE JENSEN DIRECTOR 2.00 X 0 0 0 SCOT MCALEXANDER DIRECTOR 2.00 X 0 0 0 JAMIE ROYSTER DIRECTOR 2.00 X 0 0 0 STEVEN SLEE DIRECTOR 2.00 X 0 0 0 CLEON UMPHREY DIRECTOR 2.00 X 0 0 0 CARA GREENING DIRECTOR 2.00 X 0 0 0 DR SETH CARRUTHERS DIRECTOR 2.00 X 0 0 0 ANDY ZUKOWSKI DIRECTOR 2.00 X 0 0 0 ROBERT BUHLER DIRECTOR 2.00 X 0 0 0 BRAXTON ANTHONY DIRECTOR 2.00 X 0 0 0 EMMA BROWNING DIRECTOR 2.00 X 0 0 0 CRIS CHARBONNEAU DIRECTOR 2.00 X 0 0 0 BETSY READE CREECH DIRECTOR 2.00 X 0 0 0 CHAD HUMPHREY DIRECTOR 2.00 X 0 0 0 CAREY HUNTER DIRECTOR 2.00 X 0 0 0 MICHAEL PERERA DIRECTOR 2.00 X 0 0 0 ANDREW BLACKBURN DIRECTOR 2.00 X 0 0 0 ANGELA CONNOR DIRECTOR 2.00 X 0 0 0 RENE DAUGHTRY DIRECTOR 2.00 X 0 0 0 DAVID ELLIS DIRECTOR 2.00 X 0 0 0 BRAD GEIGER DIRECTOR 2.00 X 0 0 0 TERESA JONES DIRECTOR 2.00 X 0 0 0 ELAINE LOYACK DIRECTOR 2.00 X 0 0 0 CATHY MOORE DIRECTOR 2.00 X 0 0 0 CAROLINE OLSON BAKER DIRECTOR 2.00 X 0 0 0 MARY TAYLOR DIRECTOR 2.00 X 0 0 0 DR ANNICE WILLIAMS DIRECTOR 2.00 X 0 0 0 RICHARD AVERITTE DIRECTOR 2.00 X 0 0 0 WILL QUICK DIRECTOR 2.00 X 0 0 0 CHRIS TORGLER DIRECTOR 2.00 X 0 0 0 KEITH POSTON PRESIDENT 40.00 X 148687 0 23020 148687 0 23020 1 0 1 0 0 42543 910729 953272 94055 94055 589238 413222 176016 176016 176016 32325 42543 51104 -18779 -18779 FISCAL AGENCY REVENUE 541900 44307 44307 44307 1248871 220323 0 75276 X 216354 216354 148687 74344 44606 29737 279091 238677 40414 77714 57280 15139 5295 13311 13311 218655 40235 147351 31069 14179 8534 5645 61899 61899 10086 7287 2760 39 11549 7396 4153 262 262 4481 4481 3969 3969 EVENT & PROGRAM SUPPLIE 253954 252234 1720 DUES & SUBSCRIPTIONS 10584 779 6070 3735 MISCELLANEOUS EXPENSES 6192 2888 3304 RENTAL & EQUIPMENT MAIN 3706 3706 1334673 906008 358790 69875 128742 176455 300687 173213 87850 40000 7414 7414 12396 41845 57971 51645 7230 6326 2624099 2780838 109303 39033 3277721 3265124 208143 278487 23052 20000 30000 35913 261195 334400 X 49856 -182738 2966670 3113462 3016526 2930724 3277721 3265124 -85802 0 X 0 1 X 1 0 X 624235 850167 520467 872982 953272 3821123 624235 850167 520467 872982 953272 3821123 69606 3751517 97004 84755 82013 155897 94055 513724 4334847 0.86540 0.82080 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: PITTARD SCHOLARSHIP - PERMANENT ENDOWMENT DATE: 05/11/17 AMOUNT: 2506539. DESCRIPTION: PITTARD SCHOLARSHIP - PERMANENT ENDOWMENT DATE: 01/31/20 AMOUNT: 413840. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 2920379 2920379 2920379 2920379 2920379 2920379 2506539 413840 2920379 2506539 2506539 0 0 33309 29683 3626 24662 21962 2700 6326 LEASE LIABILITY 35913 35913 1433442 146778 51104 197882 1235560 13311 13311 1248871 1519244 146778 51104 197882 1321362 13311 13311 1334673 PART IV, LINE 2B: IN 2023 AND 2022, THE PARTNERSHIP WAS AN AGENT FOR THE MURPHY-SUMMERS AWARDS PROGRAM. IN 2023 AND 2022, THE PARTNERSHIP EARNED $18,057 AND $129, RESPECTIVELY, IN INCOME AS AN AGENT. ADDITIONALLY, IN 2023, THE PARTNERSHIP EARNED FISCAL AGENCY REVENUE FOR THE MANAGEMENT OF THE PITTARD SCHOLARSHIP PROGRAM IN THE AMOUNT OF $26,250. THE PARTNERSHIP HELD $20,000 AND $23,052 OF AGENCY FUNDS DUE TO RECIPIENTS AS OF JUNE 30, 2023 AND 2022, RESPECTIVELY. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES RELATED TO FUNDRAISING EVENTS REPORTED ON 990, PT VIII LN 8B PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES INCLUDED IN SALES OF SECURITIES PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES RELATED TO FUNDRAISING EVENTS REPORTED ON 990, PT VIII LN 8B PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES INCLUDED IN SALES OF SECURITIES STARS OF EDUCATION 74868 42543 32325 51104 74868 42543 32325 51104 51104 -18779 1 PITTARD SCHOLARSHIP AWARD 14 175000 0 0 0 0 0 0 0 0 0 KEITH POSTON PRESIDENT 148687 0 0 0 0 0 0 0 23020 0 171707 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY IS SENT TO THE FINANCE CHAIR AND THE FINANCE COMMITTEE FOR REVIEW BEFORE THE FINAL COPY IS SUBMITTED. THE BOARD MEMBERS RECEIVE AN ELECTRONIC COPY BEFORE SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER REVIEWS THE POLICY ANNUALLY AND SIGNS A STATEMENT DISCLOSING IF CONFLICTS EXIST. MEMBERS UNDERSTAND THEY CAN RECUSE THEMSELVES FROM ANY VOTE WHERE A CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15 REVIEW IS PERFORMED BY THE BOARD OF DIRECTORS CHAIR USING COMPARABLE NON-PROFIT EXECUTIVE SALARIES IN THE AREA AND IS SHARED WITH THE EXECUTIVE COMMITTEE FOR ANY DECISIONS AS TO BASE SALARY AND BONUSES. THE PRESIDENT REVIEWS STAFF SALARIES ALSO CONSIDERING MARKET RATE FOR SIMILAR POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S PUBLIC DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 40,235. MANAGEMENT AND GENERAL EXPENSES 147,351. FUNDRAISING EXPENSES 31,069. TOTAL EXPENSES 218,655.