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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Wilmington Ace Charter Incorporated

Wilmington Ace Charter Incorporated

Fiscal year ending 2024. Filed on September 22, 2025.

134 Cinema Drive
Wilmington, North Carolina 28403

Wilmington Ace Charter Incorporated (EIN: 13-4283294), also known as Wilmington Preparatory Academy, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Wilmington Ace Charter Incorporated, a 501(c)(3) charitable organization, reported compensation for 1 out of 24 total employees. Among the employees shown here, the average compensation is $83,794. The highest compensated employee at Wilmington Ace Charter Incorporated is Kevin Johnson with fiscal year 2024 compensation of $83,794. Wilmington Ace Charter Incorporated changed its name from Wilmington Ace Charter Incorporated Dba Wilmington Preparatory Academy in 2024.

Revenue, expenses, and employee compensation

Revenue

$1,141,541

Expenses

$1,191,666

Employee compensation

$841,560
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kevin Johnson
Principal
$83,794
$83,794 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Mary Rusher
Treasurer
$25,700
$25,700 No related compNo other comp
Valerie Galloway
Board Chair
No compensation reported
Carlette Grissett
Secretary
No compensation reported
Yolanda Rhodes
Vice Chair
No compensation reported
Ramona Ragin
Director
No compensation reported

Mission Statement

OPERATION OF A PUBLIC CHARTER SCHOOL

Revisions to this organization profile

September 22, 2025:
2024 Wilmington Ace Charter Incorporated 990 filed
May 15, 2024:
2023 Wilmington Ace Charter Incorporated 990 filed
May 30, 2023:
2022 Wilmington Ace Charter Incorporated 990 filed

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