Civic Intelligence

Westminster Economic Development Initiative Inc.

990 • Fiscal year 2019 • EIN 20-4230463

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 09, 2020

Organization ProfileWWW.WEDIBUFFALO.ORG

Refreshing map…

436 Grant StreetBuffalo, NY 14213

(716) 393-4088

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

75th percentile

0.45x

Higher debt load relative to assets than 75% of similar nonprofits.

2019 filings • NTEE S • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

72nd percentile

0.63x

Higher debt load relative to revenue than 72% of similar nonprofits.

2019 filings • NTEE S • $1M-$5M nonprofits • Source year 2019

Net Margin

54th percentile

6.7%

Higher net margin than 54% of similar nonprofits.

2019 filings • NTEE S • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

40th percentile

$66,865

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2019 filings • NTEE S • $1M-$5M nonprofits • Source year 2019

Asset Growth

75th percentile

18%

Faster asset growth than 75% of similar nonprofits.

2019 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

77th percentile

31%

Faster revenue growth than 77% of similar nonprofits.

2019 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets75th percentile

Assets

Up

$2,379,628

Up $355,535 (+18%) from 2018

Net Assets

Up

$1,298,038

Up $115,236 (+9.7%) from 2018

Liabilities

Up

$1,081,590

Up $240,299 (+29%) from 2018

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin54th percentile

Revenue

Up

$1,715,793

Up $402,558 (+31%) from 2018

Expenses

Up

$1,600,557

Up $610,390 (+62%) from 2018

Net Income

Down

$115,236

Down $207,832 (-64%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2011: $279,102Liabilities 2011: $5,300Net Assets 2011: $273,8022011Assets 2012: $336,761Liabilities 2012: $8,5262012Assets 2013: $311,889Liabilities 2013: $1,010Net Assets 2013: $310,8792013Assets 2014: $576,375Liabilities 2014: $52,710Net Assets 2014: $523,6652014Assets 2015: $472,754Liabilities 2015: $74,833Net Assets 2015: $397,9212015Assets 2016: $1,040,821Liabilities 2016: $522,489Net Assets 2016: $518,3322016Assets 2017: $1,744,123Liabilities 2017: $884,389Net Assets 2017: $859,7342017Assets 2018: $2,024,093Liabilities 2018: $841,291Net Assets 2018: $1,182,8022018Assets 2019: $2,379,628Liabilities 2019: $1,081,590Net Assets 2019: $1,298,0382019Assets 2020: $2,609,168Liabilities 2020: $955,539Net Assets 2020: $1,653,6292020Assets 2021: $5,287,806Liabilities 2021: $879,669Net Assets 2021: $4,408,1372021Assets 2022: $10,403,298Liabilities 2022: $4,794,416Net Assets 2022: $5,608,8822022Assets 2023: $12,601,013Liabilities 2023: $2,551,962Net Assets 2023: $10,049,0512023Assets 2024: $11,712,530Liabilities 2024: $1,675,296Net Assets 2024: $10,037,2342024

Highlighted filing

2019

Assets$2,379,628
Liabilities$1,081,590
Net Assets$1,298,038
Open 2019 Filing

Operations Trend

Revenue Growth77th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $86,003Expenses 2011: $96,478Net Income 2011: -$10,4752011Revenue 2012: $163,271Expenses 2012: $108,838Net Income 2012: $54,4332012Revenue 2013: $140,767Expenses 2013: $158,123Net Income 2013: -$17,3562013Revenue 2014: $538,487Expenses 2014: $330,825Net Income 2014: $207,6622014Revenue 2015: $335,318Expenses 2015: $464,606Net Income 2015: -$129,2882015Revenue 2016: $659,391Expenses 2016: $538,980Net Income 2016: $120,4112016Revenue 2017: $1,095,067Expenses 2017: $753,665Net Income 2017: $341,4022017Revenue 2018: $1,313,235Expenses 2018: $990,167Net Income 2018: $323,0682018Revenue 2019: $1,715,793Expenses 2019: $1,600,557Net Income 2019: $115,2362019Revenue 2020: $2,118,673Expenses 2020: $1,763,082Net Income 2020: $355,5912020Revenue 2021: $4,824,412Expenses 2021: $2,069,904Net Income 2021: $2,754,5082021Revenue 2022: $3,247,167Expenses 2022: $2,295,731Net Income 2022: $951,4362022Revenue 2023: $6,918,706Expenses 2023: $2,473,537Net Income 2023: $4,445,1692023Revenue 2024: $2,171,800Expenses 2024: $2,183,617Net Income 2024: -$11,8172024

Highlighted filing

2019

Revenue$1,715,793
Expenses$1,600,557
Net Income$115,236
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 9, 2020
Return Version
2019v5.1
Gross Receipts
$1,741,558
Mission and Program Overview

Mission

Wedi empowers economically disadvantaged people in buffalo, ny with a primary focus on the west side community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,279,023$994,511▼ $284,512
Pledges and Grants Receivable$371,507$624,426▲ $252,919
Land, Buildings, and Equipment, Net$84,757$463,468▲ $378,711
Other Notes and Loans Receivable, Net$260,170$278,695▲ $18,525
Accounts Receivable$15,464$11,892▼ $3,572
Prepaid Expenses and Deferred Charges$13,172$6,636▼ $6,536
Total Assets$2,024,093$2,379,628▲ $355,535
Liabilities
Mortgage Notes Payable Secured by Investment Property$576,764$806,322▲ $229,558
Deferred Revenue$221,030$189,487▼ $31,543
Accounts Payable and Accrued Expenses$43,497$85,781▲ $42,284
Total Liabilities$841,291$1,081,590▲ $240,299
Net Assets / Fund Balance
Net Assets With Donor Restrictions$605,643$720,906▲ $115,263
Net Assets Without Donor Restrictions$577,159$577,132▼ $27
Total Net Assets Fund Balance$1,182,802$1,298,038▲ $115,236
Total Liabilities and Net Assets / Fund Balance$2,024,093$2,379,628▲ $355,535

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$417,955$67,481$485,436
Equipment$6,513$109,114$115,627
Land$39,000-$39,000
Compensation and Service Providers
Top Officer Pay40th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Carolynn WelchExecutive DirectorFT$66,186$679$66,865

Board Members and Trustees

NameTitle
Tom WarszawskiPresident
Stephen ZengerVice President
Cameron AirhartDirector
Catherine MarchDirector
Herb CourtneyDirector
Jo Ann K BelliottiDirector
Krista SchwartzottDirector
Louise SanoDirector
Luke DoniganDirector
Melanie JaskolkaDirector
Melissa WoodsDirector
Michael KenlineDirector
Michael KnappDirector
Zelalem GemmedaDirector
Emily OaksSecretary
Jonathan WillcoxTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,476,014
Program Service Revenue
$36,652
Investment Income
$0
Other Revenue
$203,127
All Other Contributions
$814,306
Change in Net Assets
$115,236

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,741,558
Revenue Not Reported on Financial Statements
$-25,765
Revenue Not Reported on Form 990
$13,480
Other Revenue Adjustments
$-25,765
Total Revenue per Audited Statements
$1,755,038
Total Revenue per Form 990
$1,715,793
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$928,699
Other Expenses$671,858
Total Fundraising Expense$200,543
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$524,731$96,920$108,555$730,206
Fees for Services Other$130,411$27,449$33,506$191,366
All Other Expenses$77,829$7,271$19,431$104,531
Office Expenses$84,296$9,010$5,857$99,163
Occupancy$68,322$7,501$7,501$83,324
Payroll Taxes$48,159$14,376$9,344$71,879
Current Officers, Directors, Trustees, and Key Employees-$66,865-$66,865
Other Employee Benefits$40,486$11,407$7,856$59,749
Depreciation Depletion$27,498$1,528$1,528$30,554
Insurance$17,669$5,275$3,429$26,373
Travel$24,098$635$707$25,440
Other Expenses$17,383$6,958$667$17,383
Conferences and Meetings$2,881$832$540$4,253
Advertising$1,622-$1,622$3,244
Total Functional Expenses$1,143,987$256,027$200,543$1,600,557

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,639,802
Expenses per Audited Statements$1,600,557
Total Expenses per Form 990$1,600,557
Expenses Not Reported on Form 990$39,245
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$31,350
Fundraising Direct Expenses$25,765
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Winterfest$95,690$31,350$25,765$5,585
Total Events$95,690$31,350$25,765$5,585
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The irs form 990 is reviewed in detail by the finance and administration committee of the board of directors. The finance and administration committee then reports at the following directors meeting where a copy is available for inspection. If no meeting is scheduled between the preparation date and the due date, the complete form is distributed through email to all directors for comment.”

Form 990, Part VI, Section B, Line 12C

“Conflict of interest disclosures are signed annually by all directors as well as new members joining the board during interim periods. This procedure is a regular agenda item at the annual meeting.”

Form 990, Part VI, Section B, Line 15

“The executive director's compensation is compared to other local organizations, scaled for appropriate size, and adjusted according to performance reviews. All other employee salaries are at the discretion of the board of directors.”

Form 990, Part VI, Section C, Line 19

“Documents are made available for inspections at the administrative offices. Copies can be obtained at the requesting party's expense.”

Filing and Contact Details

Filer

Filer Name
Westminster Economic Development
EIN
20-4230463
Phone
7163934088
Address
436 GRANT STREET, BUFFALO, NY 14213

Signing Officer

Name
Carolynn Welch
Title
Executive Director
Phone
7163934088
Signed
2020-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carolynn Welch
Formed
2006
Legal Domicile
Ny
Voting Board Members
16
Independent Board Members
16
Employees
49
Volunteers
330

Preparer

Firm
Lumsden & Mccormick Llp
Address
369 FRANKLIN STREET, BUFFALO, NY 14202
Preparer
James M Dunn Jr CPA
Phone
7168563300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Professional fees: program service expenses 130,411. Management and general expenses 27,449. Fundraising expenses 33,506. Total expenses 191,366.”

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior year.”

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Fundraising events expenses -25,765.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising events expenses 25,765.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02006
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt064340
IRS990/FundraisingDirectExpensesAmt025765
IRS990/FundraisingGrossIncomeAmt031350
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GovernmentGrantsAmt0572368
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01741558
IRS990/GrossRentsGrp/RealAmt0132817
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/FundraisingAmt03429
IRS990/InsuranceGrp/ManagementAndGeneralAmt05275
IRS990/InsuranceGrp/ProgramServicesAmt017669
IRS990/InsuranceGrp/TotalAmt026373
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0176595
IRS990/LandBldgEquipBasisNetGrp/BOYAmt084757
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0463468
IRS990/LandBldgEquipCostOrOtherBssAmt0640063
IRS990/LegalDomicileStateCd0NY
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WEDI EMPOWERS ECONOMICALLY DISADVANTAGED PEOPLE IN BUFFALO, NY WITH A PRIMARY FOCUS ON THE WEST SIDE COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0576764
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0806322
IRS990/NetAssetsOrFundBalancesBOYAmt01182802
IRS990/NetAssetsOrFundBalancesEOYAmt01298038
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt05585
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt05585
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0132817
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0132817
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0577159
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0577132
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt07501
IRS990/OccupancyGrp/ManagementAndGeneralAmt07501
IRS990/OccupancyGrp/ProgramServicesAmt068322
IRS990/OccupancyGrp/TotalAmt083324
IRS990/OfficeExpensesGrp/FundraisingAmt05857
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09010
IRS990/OfficeExpensesGrp/ProgramServicesAmt084296
IRS990/OfficeExpensesGrp/TotalAmt099163
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt07856
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt011407
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt040486
IRS990/OtherEmployeeBenefitsGrp/TotalAmt059749
IRS990/OtherExpensesGrp/Desc0BAD DEBT
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2CONTRACTED LABOR
IRS990/OtherExpensesGrp/FundraisingAmt0667
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06958
IRS990/OtherExpensesGrp/ProgramServicesAmt063300
IRS990/OtherExpensesGrp/ProgramServicesAmt115302
IRS990/OtherExpensesGrp/ProgramServicesAmt217383
IRS990/OtherExpensesGrp/TotalAmt063300
IRS990/OtherExpensesGrp/TotalAmt122927
IRS990/OtherExpensesGrp/TotalAmt217383
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt064725
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt064725
IRS990/OtherRevenueTotalAmt064725
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0108555
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt096920
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0524731
IRS990/OtherSalariesAndWagesGrp/TotalAmt0730206
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0260170
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0278695
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt09344
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt014376
IRS990/PayrollTaxesGrp/ProgramServicesAmt048159
IRS990/PayrollTaxesGrp/TotalAmt071879
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0371507
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0624426
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013172
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06636
IRS990/PrincipalOfficerNm0CAROLYNN WELCH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0ECONOMIC DEVELOPMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt036652
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt036652
IRS990/ProgSrvcAccomActy2Grp/Desc0ECONOMIC DEVELOPMENT - PROVIDES A COMPREHENSIVE MODEL FOR GENERATING WEALTH FOR MOTIVATED INDIVIDUALS THROUGH THE CREATION OR EXPANSION OF A SMALL BUSINESS. WEDI'S PROGRAM IS UNIQUE IN ITS ABILITY TO PROVIDE A BROAD RANGE OF SERVICES, UTILIZING EXISTING COMMUNITY RESOURCES WHEN AVAILABLE, AND MOLD THE PROCESS TO EACH INDIVIDUAL. THIS IS DONE THROUGH MENTORS, WHO WORK WITH CLIENTS INDIVIDUALLY AND THROUGH PARTNERSHIPS WITH LOCAL ORGANIZATIONS. WEDI CAN PROVIDE A RANGE OF SERVICE FROM BASIC FINANCIAL LITERACY TO SPECIALIZED TRAINING AND TECHNICAL ASSISTANCE. WEDI OFFERS A MICRO LOAN PROGRAM THAT OFFERS SMALL, TARGETED LOANS FOR BUSINESS CREATION OR EXPANSION IN WEDI'S TARGET AREA THAT CAN DIRECTLY RESULT IN INCREASED INCOME AND WEALTH GENERATION.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0514456
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt036652
IRS990/ProgSrvcAccomActy3Grp/Desc0EDUCATION, NURTURE, ENCOURAGEMENT, READINESS, AND GROWTH FOR YOUTH (ENERGY), LAUNCH, AND FOCUSED LEARNING FOR YOUTH (FLY) - FOCUS OF THESE PROGRAMS IS TO HELP ENGLISH LANGUAGE LEARNERS (ELLS) SPECIFICIALLY STUDENTS WITH INTERRUPTED FORMAL EDUCATION (SIFE) TO IMPROVE MORE QUICKLY ACADEMICALLY AND SOCIALLY THAN THEY WOULD WITHOUT ENERGY, LAUNCH, OR FLY'S INPUT OUTSIDE OF SCHOOL. CHILDREN RECEIVE HOMEWORK AND ACADEMIC SUPPORT, ENJOY A SHARED FAMILY STYLE MEAL AND GAIN ACCESS TO INDIVIDUAL ADULT MENTORS AND TUTORS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0263343
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01127760
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0468108
IRS990/PYOtherRevenueAmt0141343
IRS990/PYProgramServiceRevenueAmt044132
IRS990/PYRevenuesLessExpensesAmt0323068
IRS990/PYSalariesCompEmpBnftPaidAmt0522059
IRS990/PYTotalExpensesAmt0990167
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01313235
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0115236
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt025000
IRS990/RentalIncomeOrLossGrp/RealAmt0132817
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2015 AMOUNT: $ 31,430. 2016 AMOUNT: $ 41,732. 2017 AMOUNT: $ 88,399. 2018 AMOUNT: $ 124,181. 2019 AMOUNT: $ 96,075.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01476014
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01127760
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0900677
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0535144
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0230816
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04270411
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0132817
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0119561
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0102003
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt083557
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt074498
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0512436
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0142120
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt096075
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0124181
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt088399
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt041732
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt031430
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0381817
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.65650
IRS990ScheduleA/PublicSupportPY170Pct00.64280
IRS990ScheduleA/PublicSupportTotal170Amt03390829
IRS990ScheduleA/SubstantialContributorsTotAmt0879582
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01476014
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01127760
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0900677
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0535144
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0230816
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04270411
IRS990ScheduleA/TotalSupportAmt05164664

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,379,628
Liabilities
$1,081,590
Net assets
$1,298,038
Revenue
$1,715,793
Expenses
$1,600,557
Net income
$115,236
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.7$1.68$10.0$2.17$2.18$0.01
2023Summary only. Only limited summary data is available for this year.$12.6$2.55$10.0$6.92$2.47$4.45
2022Summary only. Only limited summary data is available for this year.$10.4$4.79$5.61$3.25$2.30$0.95
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.29$0.88$4.41$4.82$2.07$2.75
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.61$0.96$1.65$2.12$1.76$0.36
2019Detailed filing. Detailed filing data is available for this year.$2.38$1.08$1.30$1.72$1.60$0.12
2018Summary only. Only limited summary data is available for this year.$2.02$0.84$1.18$1.31$0.99$0.32
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.88$0.86$1.10$0.75$0.34
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.52$0.52$0.66$0.54$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.47$0.07$0.40$0.34$0.46$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.58$0.05$0.52$0.54$0.33$0.21
2013Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$0.14$0.16$0.02
2012Summary only. Only limited summary data is available for this year.$0.34$0.01$0.16$0.11$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.01$0.27$0.09$0.10$0.01