Wayne Action Group For Economic Solvency Inc is located in Goldsboro, NC. The organization was established in 1967. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2022, Wayne Action Group For Economic Solvency Inc employed 256 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wayne Action Group For Economic Solvency Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Wayne Action Group For Economic Solvency Inc generated $16.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $14.9m during the year ending 06/2022. While expenses have increased by 1.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE AGENCY PROVIDED A WIDE VARIETY OF SERVICES THAT STABILIZED HOUSEHOLDS; CONNECTED FAMILIES TO EDUCATION, EMPLOYMENT, AND TRAINING OPPORTUNITIES; AND IMPROVED THE LIVING CONDITIONS OF LOW-INCOME COMMUNITIES AND SENIORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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 INCLUDE DEVELOPMENTAL AND BEHAVIORAL SCREENINGS, HEALTH ASSESSMENTS (INCLUDING DENTAL), FAMILY SERVICES, AND COMMUNITY RESOURCES. RECRUITMENT AND ENROLLMENT ACTIVITIES ARE ON-GOING.
WEATHERIZATION FOR LOW INCOME PESONS, HEATING APPLIANCE REPAIR & REPLACEMENT PROGRAM; USDA, COMMUNITY BLOCK, GRANT, NC MORE AT FOUR.
THE WAGES SENIOR COMPANION PROGRAM IS A GREAT OPPORTUNITY FOR RETIRED SENIORS. WAGES SENIOR COMPANIONS HELP OLDER ADULTS LIVE INDEPENDENTLY IN THEIR OWN HOMES AND PROVIDE RESPITE SERVICES TO ENABLE CAREGIVERS TO HAVE SOME MUCH-NEEDED TIME OFF. SENIOR COMPANIONS ASSIST WITH DAILY TASKS SUCH AS LIGHT MEAL PREPARATION, LIGHT HOUSEKEEPING, MONITORING MEDICATIONS, ETC.THE WAGES FOSTER GRANDPARENT PROGRAM IS A GREAT OPPORTUNITY FOR RETIRED SENIORS. THE FOSTER GRANDPARENTS SUPPORT THE FUTURE BY SERVING AS MENTORS, TUTORS, ROLE MODELS, AND FRIENDS TO SPECIAL NEEDS CHILDREN IN ELEMENTARY SCHOOLS, DAYCARES, AND HEAD START CENTERS. WHEN THE FOSTER GRANDPARENTS SHARE THEIR LOVE, TIME, AND EXPERIENCE, THEY HAVE THE POWER TO HELP A CHILD WHO NEEDS THEM.THE SENIOR COMPANION PROGRAM AND FOSTER GRANDPARENT PROGRAM SERVE WAYNE AND WILSON COUNTIES.
NUTRITION-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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bill Broadway Board Member | Trustee | 0.5 | $0 |
Don Chatman Treasurer | OfficerTrustee | 1.5 | $0 |
Derrick Creech Board Member | Trustee | 0.5 | $0 |
Shirley Edwards President | OfficerTrustee | 0.5 | $0 |
Michelle Estrada Secretary | OfficerTrustee | 0.5 | $0 |
Louise Faison Board Member | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $15,453,173 |
All other contributions, gifts, grants, and similar amounts not included above | $131,320 |
Noncash contributions included in lines 1a–1f | $3,911 |
Total Revenue from Contributions, Gifts, Grants & Similar | $15,584,493 |
Total Program Service Revenue | $379,851 |
Investment income | $156 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $15,964,500 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $3,911 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $216,840 |
Compensation of current officers, directors, key employees. | $21,684 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $6,190,195 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $2,099,893 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $99,969 |
Office expenses | $1,640,567 |
Information technology | $183,234 |
Royalties | $0 |
Occupancy | $642,175 |
Travel | $3,200 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $700 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $254,844 |
Insurance | $108,846 |
All other expenses | $427,736 |
Total functional expenses | $14,870,664 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,354,272 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $652,114 |
Accounts receivable, net | $97,997 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $16,724 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $5,183,909 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $7,305,016 |
Accounts payable and accrued expenses | $546,079 |
Grants payable | $0 |
Deferred revenue | $43,778 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $8,852 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $598,709 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $6,706,307 |
Total liabilities and net assets/fund balances | $7,305,016 |