Civic Intelligence

Team Wethrive Inc.

990EZ • Fiscal year 2016 • EIN 46-3341254

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 15, 2017

312 Arizona Avenue 2nd FloorSanta Monica, CA 90401

(914) 434-3852

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

Net Margin

51st percentile

4.3%

Higher net margin than 51% of similar nonprofits.

2016 filings • NTEE N99 • <$500k nonprofits • Source year 2016

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • NTEE N • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Assets

$591

No earlier filing loaded for comparison.

Net Assets

$591

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

$13,766

No earlier filing loaded for comparison.

Expenses

$13,175

No earlier filing loaded for comparison.

Net Income

$591

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2016: $591Net Assets 2016: $5912016Assets 2017: $119,713Liabilities 2017: $400Net Assets 2017: $119,3132017Assets 2018: $18,345Liabilities 2018: $51Net Assets 2018: $18,2942018Assets 2019: $38,516Liabilities 2019: $9,503Net Assets 2019: $29,0132019Assets 2020: $279,905Liabilities 2020: $23,747Net Assets 2020: $256,1582020Assets 2021: $690,155Liabilities 2021: $6,825Net Assets 2021: $683,3302021Assets 2022: $661,215Liabilities 2022: $6,180Net Assets 2022: $655,0352022Assets 2023: $271,370Liabilities 2023: $12,566Net Assets 2023: $258,8042023

Highlighted filing

2016

Assets$591
Liabilities-
Net Assets$591

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2016: $13,766Expenses 2016: $13,175Net Income 2016: $5912016Revenue 2017: $307,854Expenses 2017: $189,132Net Income 2017: $118,7222017Revenue 2018: $212,196Expenses 2018: $230,598Net Income 2018: -$18,4022018Revenue 2019: $229,098Expenses 2019: $218,379Net Income 2019: $10,7192019Revenue 2020: $418,418Expenses 2020: $191,297Net Income 2020: $227,1212020Revenue 2021: $970,001Expenses 2021: $542,829Net Income 2021: $427,1722021Revenue 2022: $832,683Expenses 2022: $860,978Net Income 2022: -$28,2952022Revenue 2023: $352,365Expenses 2023: $745,706Net Income 2023: -$393,3412023

Highlighted filing

2016

Revenue$13,766
Expenses$13,175
Net Income$591
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 15, 2017
Return Version
2015v3.0
Gross Receipts
$13,766
Mission and Program Overview

Mission

See schedule owethrive equips and empowers low-income youth bursting with ideas to rise as entrepreneurial economic leaders and break the cycle of poverty. Wethrive reaches middle school students, giving them an encouraging yes to their dreams of entrepreneurship - along with the toolset to make them real. Wethrive staff members train undergraduate volunteers to become mentors, who guide students through an afterschool curriculum carefully designed to reach those left behind in traditional classrooms. With encouragement and support from their mentors, each student creates their very own company, earning real revenues and donating profits to a charity of their choice. Students gain critical life skills, using learning logs, metacognition, and leadership development exercises to build entrepreneurial habits that last a lifetime. Leveraging the best digital tools, wethrive is designed to disrupt an industry of entrepreneurial education that has left too many students still in need

WeThrive equips and empowers low-income youth to rise as entrepreneurial economic leaders. The students we serve are bursting with ideas to break the cycle of poverty, but for too many times in their young lives, they have been told No. WeThrive reaches students in middle school while habits and identities are still forming, giving them an encouraging Yes to their dreams of entrepreneurship - along with the toolset to make them real. Our staff members train undergraduate volunteers to become mentors, who guide students through an afterschool curriculum carefully designed to reach those left behind in traditional classrooms. With encouragement and support from their mentors, each student creates their very own company, earning real revenues and donating profits to a charity of their choice. WeThrive students gain critical life skills, using learning logs, metacognition, and leadership development exercises to build entrepreneurial habits that last a lifetime. They take with them tangibl

Program Services

DescriptionGrantsExpenses
The corporation has and will continue to use Colleges and Universities to achieve its purpose. These institutions will provide the program with the student mentors necessary to run the program and its sessions. These institutions will have designated low-income or at-risk communities where they serve. This furthers the purpose of the organization because it provides the youth we serve with a steady stream of support, mentorship, and decentralized leadership structure to sustain impact in each community.$11,821-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Daquan Jamein OliverPresidentFT$0--
Cheryl KiserTreasurer-$0--
Stacey MukasaExecutive Director-$0--
Kamisha LautureCOO-$0--
Filing and Contact Details

Filer

Filer Name
Team WeThrive Inc
EIN
46-3341254
Phone
9144343852
Address
312 Arizona Avenue 2nd Floor, Santa Monica, CA 90401

Signing Officer

Name
Daquan Jamein Oliver
Title
President
Signed
2017-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Scrubbednet LLC
Address
657 Sharp Park Road, Pacifica, CA 94044
Preparer
Isagani Ferdinand Laguisma
Phone
4159942036
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $315

Other Expenses.1003

Information Technology $1687

Other Expenses.1005

Travel $2710

Other Expenses.1

Direct Program Cost $5255

Other Expenses.2

Other Expenses $59

Other Expenses.3

Bank Service Charges $31

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Filings