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Health Care (E31Z) 990 on File

WAKE FOREST EMERGENCY PROVIDERS

EIN: 56-1903275 · WINSTONSALEM, NC 27157-0001 · United States · FY 2024 Data
3 out of 5 45 / 100 Based on 2+ years of filings
Financial strength (30%) 43/100
Reliability (20%) 55/100
Effectiveness (25%) 85/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$118.8M
Total Revenue
$120.5M
Total Expenses
$-2,922,183
Net Assets
643
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 98.4%
Fundraising Efficiency N/A
Operating Reserve -0.29x
Liability-to-Asset 110.2%
Revenue Diversification 100.0%
Compared with Peers
FY 2024
Compared with 938 similar organizations (United States, Health Care, $100M and over in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
98.4% 87.7%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
1.6% 12.3%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
-0.3 mo 6.1 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
110.2% 44.5%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 96.4%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
31.2% 9.1%
P10P90
Expense growth
Year over year expense growth
34.3% 7.8%
P10P90
Surplus margin
Surplus as a share of revenue
-1.4% 2.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $118.8M $120.5M $-2,922,183 98.4% 643
2023 $90.5M $89.7M $-1,201,162 97.6% 464
2022 $74.7M $71.8M $-2,001,505 98.1% 405
2021 $25.6M $27.9M N/A 301
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Organization Details
EIN
56-1903275
State
NC
City
WINSTONSALEM
ZIP
27157-0001
Classification
E31Z
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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