Civic Intelligence

Wagilabs

EIN 81-2914215 • 501(c)3 • Charlottesville, VA

Profile

Wagilabs purposes include: 1. To provide engaging and inclusive educational programs for children worldwide, with a focus on underserved communities; 2. To empower kids to develop and implement innovative ideas that positively impact society; 3. To promote creativity, critical thinking, and social entrepreneurship through mentorship, funding, and a collaborative global community; 4. To cultivate a new generation of changemakers by supporting children's passions, talents, and leadership; 5. To engage youth as partners in creating grassroots solutions to global challenges; 6. To undertake any lawful activities that further our charitable mission of nurturing children's potential to build a more just, sustainable, and peaceful world.

2015 Bond Street Unit 633Charlottesville, VA 22901

www.wagilabs.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

34th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

95th percentile

75%

Higher net margin than 95% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

90th percentile

57%

Faster asset growth than 90% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2025

Revenue Growth

91st percentile

88%

Faster revenue growth than 91% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2025

Assets

Up

$741,007

Up $140,457 (+23%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Up

$741,007

Up $140,457 (+23%) from 2024

Revenue

Down

$186,451

Down $140,420 (-43%) from 2024

Expenses

Up

$45,994

Up $20,450 (+80%) from 2024

Net Income

Down

$140,457

Down $160,870 (-53%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2017: $41,094Liabilities 2017: $0Net Assets 2017: $41,0942017Assets 2018: $88,720Liabilities 2018: $0Net Assets 2018: $88,7202018Assets 2019: $155,881Liabilities 2019: $0Net Assets 2019: $155,8812019Assets 2020: $231,536Liabilities 2020: $2,000Net Assets 2020: $229,5362020Assets 2021: $233,996Liabilities 2021: $0Net Assets 2021: $233,9962021Assets 2022: $250,141Liabilities 2022: $0Net Assets 2022: $250,1412022Assets 2023: $299,223Liabilities 2023: $0Net Assets 2023: $299,2232023Assets 2024: $600,550Liabilities 2024: $0Net Assets 2024: $600,5502024Assets 2025: $741,007Liabilities 2025: $0Net Assets 2025: $741,0072025

Highlighted filing

2025

Assets$741,007
Liabilities$0
Net Assets$741,007

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0Revenue 2017: $50,996Expenses 2017: $10,002Net Income 2017: $40,9942017Revenue 2018: $55,688Expenses 2018: $8,062Net Income 2018: $47,6262018Revenue 2019: $69,808Expenses 2019: $2,646Net Income 2019: $67,1622019Revenue 2020: $82,410Expenses 2020: $8,755Net Income 2020: $73,6552020Revenue 2021: $10,433Expenses 2021: $5,974Net Income 2021: $4,4592021Revenue 2022: $20,160Expenses 2022: $4,014Net Income 2022: $16,1462022Revenue 2023: $52,713Expenses 2023: $3,630Net Income 2023: $49,0832023Revenue 2024: $326,871Expenses 2024: $25,544Net Income 2024: $301,3272024Revenue 2025: $186,451Expenses 2025: $45,994Net Income 2025: $140,4572025

Highlighted filing

2025

Revenue$186,451
Expenses$45,994
Net Income$140,457

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Sep 4, 2025
Return Version
2024v5.0
Gross Receipts
$186,451
Mission and Program Overview

Mission

Wagilabs purposes include: -to provide education programs primarily for children; -to provide funding, resources, mentorship, and a collaborative community for kids around the world to develop and implement their socially innovative ideas; -to promote innovation for the social good; -to engage children, who are underserved, in education and innovation; -to promote and support the creativity of children; -to engage in any and all lawful activities incidental to the foregoing purposes.

Wagilabs exists to spark curiosity, compassion, and courage in kids everywhere-especially those in underserved communities. Our core purposes are: 1. Deliver engaging, inclusive kidpreneurship programs for children worldwide. 2. Empower kids to design and launch innovative ideas that make a positive social impact. 3. Promote creativity, critical thinking, and social entrepreneurship through mentorship, seed funding, and a collaborative global network. 4. Cultivate the next generation of entrepreneurs by nurturing children's passions, talents, and leadership skills. 5. Engage youth as partners in creating grassroots solutions to local and global challenges. 6. Pursue activities that advance our mission of helping kids build a more just, sustainable, and peaceful world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$590,550$731,007▲ $140,457
Cash and Non-Interest-Bearing Accounts$10,000$10,000→ $0
Total Assets$600,550$741,007▲ $140,457
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$600,550$741,007▲ $140,457
Total Net Assets Fund Balance$600,550$741,007▲ $140,457
Total Liabilities and Net Assets / Fund Balance$600,550$741,007▲ $140,457
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mary PorterDirector
Mary PowerCFO / Treasu
Charles ThompsonExec Directo
Revenue and Support

Revenue Composition

Contributions and Grants
$150,000
Program Service Revenue
$10,021
Investment Income
$26,430
Other Revenue
$0
All Other Contributions
$150,000
Change in Net Assets
$140,457
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$42,494
Grants and Similar Amounts Paid$3,500
Total Fundraising Expense$439
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$17,123--$17,123
Office Expenses$13,258$2,196$439$15,893
Fees for Services Other$4,856--$4,856
Travel$3,553--$3,553
Grants to Domestic Orgs$3,500--$3,500
Fees for Services Accounting-$812-$812
Other Expenses-$32-$32
Total Functional Expenses$42,290$3,265$439$45,994
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
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
No
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 11B

The executive director/president is the signing offier for the form 990 and reviews it before it is filed.

Form 990, Page 6, Part VI, Line 12C

"through phone conversations, meetings and email."

Form 990, Page 6, Part VI, Line 18

The organization's public inspection version form 990 is available to the public on request.

Form 990, Page 6, Part VI, Line 19

The organization's articles of incorporation and bylaws are available to the public on request.

Filing and Contact Details

Filer

Filer Name
Wagilabs
EIN
81-2914215
Phone
4342966138
Address
2015 BOND STREET UNIT 633, CHARLOTTESVILLE, VA 22901

Signing Officer

Name
Charles Thompson
Title
Exec Director/pres.
Phone
4342966138
Signed
2025-09-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Thompson
Formed
2016
Legal Domicile
Va
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Jones & Company CPA LLC
Address
PO BOX 1150, CROZET, VA 22932-0803
Preparer
Victoria W Jones
Phone
4348235559
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Wagilabs exists to spark curiosity, compassion, and courage in kids everywhere-especially those in underserved communities. Our core purposes are: 1. Deliver engaging, inclusive kidpreneurship programs for children worldwide. 2. Empower kids to design and launch innovative ideas that make a positive social impact. 3. Promote creativity, critical thinking, and social entrepreneurship through mentorship, seed funding, and a collaborative global network. 4. Cultivate the next generation of entrepreneurs by nurturing children's passions, talents, and leadership skills. 5. Engage youth as partners in creating grassroots solutions to local and global challenges. 6. Pursue activities that advance our mission of helping kids build a more just, sustainable, and peaceful world.

Form 990, Page 2, Part III, Line 4A

Key accomplishments - fiscal year 2024 (july 1, 2024-june 30, 2025) keynote addresses: wagilabs was featured at major conferences on entrepreneurship and innovation, including: cornell university life changing labs conference young entrepreneurship institute conference university of virginia e-cup competition asu thunderbird social innovation conference program launches: wagilabs expanded into new regions, reaching thousands of students: india - gujarat government schools: 35 schools, 30 sessions, 4,380 students northwest arkansas schools: 4 schools, 4 sessions, 120 students columbus, ohio ymca: 8 sessions, 144 students yei yippee schools: 14 schools, 8 sessions, 300+ students republic of congo: 1 school, 20 sessions, 21 students international expansion: our flagship international initiative launched in india's gujarat government schools, where wagilabs reached over 4,380 students across 35 schools through 30 immersive sessions. We also trained 431 teachers to continue our training efforts. Training & partnerships: wagilabs delivered presentations to government agencies and industry leaders, introducing social entrepreneurship and showcasing how employees can engage with programs serving school-age children. These training efforts generated 5,800 in revenue to support our mission.

Form 990, Part IX, Line 11G

Contract services 4,856 0 0

Raw XML Appendix330 raw XML fields

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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WAGILABS EXISTS TO SPARK CURIOSITY, COMPASSION, AND COURAGE IN KIDS EVERYWHERE-ESPECIALLY THOSE IN UNDERSERVED COMMUNITIES. OUR CORE PURPOSES ARE: 1. DELIVER ENGAGING, INCLUSIVE KIDPRENEURSHIP PROGRAMS FOR CHILDREN WORLDWIDE. 2. EMPOWER KIDS TO DESIGN AND LAUNCH INNOVATIVE IDEAS THAT MAKE A POSITIVE SOCIAL IMPACT. 3. PROMOTE CREATIVITY, CRITICAL THINKING, AND SOCIAL ENTREPRENEURSHIP THROUGH MENTORSHIP, SEED FUNDING, AND A COLLABORATIVE GLOBAL NETWORK. 4. CULTIVATE THE NEXT GENERATION OF ENTREPRENEURS BY NURTURING CHILDREN'S PASSIONS, TALENTS, AND LEADERSHIP SKILLS. 5. ENGAGE YOUTH AS PARTNERS IN CREATING GRASSROOTS SOLUTIONS TO LOCAL AND GLOBAL CHALLENGES. 6. PURSUE ACTIVITIES THAT ADVANCE OUR MISSION OF HELPING KIDS BUILD A MORE JUST, SUSTAINABLE, AND PEACEFUL WORLD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1KEY ACCOMPLISHMENTS - FISCAL YEAR 2024 (JULY 1, 2024-JUNE 30, 2025) KEYNOTE ADDRESSES: WAGILABS WAS FEATURED AT MAJOR CONFERENCES ON ENTREPRENEURSHIP AND INNOVATION, INCLUDING: CORNELL UNIVERSITY LIFE CHANGING LABS CONFERENCE YOUNG ENTREPRENEURSHIP INSTITUTE CONFERENCE UNIVERSITY OF VIRGINIA E-CUP COMPETITION ASU THUNDERBIRD SOCIAL INNOVATION CONFERENCE PROGRAM LAUNCHES: WAGILABS EXPANDED INTO NEW REGIONS, REACHING THOUSANDS OF STUDENTS: INDIA - GUJARAT GOVERNMENT SCHOOLS: 35 SCHOOLS, 30 SESSIONS, 4,380 STUDENTS NORTHWEST ARKANSAS SCHOOLS: 4 SCHOOLS, 4 SESSIONS, 120 STUDENTS COLUMBUS, OHIO YMCA: 8 SESSIONS, 144 STUDENTS YEI YIPPEE SCHOOLS: 14 SCHOOLS, 8 SESSIONS, 300+ STUDENTS REPUBLIC OF CONGO: 1 SCHOOL, 20 SESSIONS, 21 STUDENTS INTERNATIONAL EXPANSION: OUR FLAGSHIP INTERNATIONAL INITIATIVE LAUNCHED IN INDIA'S GUJARAT GOVERNMENT SCHOOLS, WHERE WAGILABS REACHED OVER 4,380 STUDENTS ACROSS 35 SCHOOLS THROUGH 30 IMMERSIVE SESSIONS. WE ALSO TRAINED 431 TEACHERS TO CONTINUE OUR TRAINING EFFORTS. TRAINING & PARTNERSHIPS: WAGILABS DELIVERED PRESENTATIONS TO GOVERNMENT AGENCIES AND INDUSTRY LEADERS, INTRODUCING SOCIAL ENTREPRENEURSHIP AND SHOWCASING HOW EMPLOYEES CAN ENGAGE WITH PROGRAMS SERVING SCHOOL-AGE CHILDREN. THESE TRAINING EFFORTS GENERATED 5,800 IN REVENUE TO SUPPORT OUR MISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR/PRESIDENT IS THE SIGNING OFFIER FOR THE FORM 990 AND REVIEWS IT BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3"THROUGH PHONE CONVERSATIONS, MEETINGS AND EMAIL."
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S PUBLIC INSPECTION VERSION FORM 990 IS AVAILABLE TO THE PUBLIC ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S ARTICLES OF INCORPORATION AND BYLAWS ARE AVAILABLE TO THE PUBLIC ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONTRACT SERVICES 4,856 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLES THOMPSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXEC DIRECTOR/PRES.
ReturnHeader/BusinessOfficerGrp/PhoneNum04342966138
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-04
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0VICTORIA W JONES
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ReturnHeader/ReturnTs02025-09-05T18:34:22-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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