Civic Intelligence

Wagilabs

990EZ • Fiscal year 2023 • EIN 81-2914215

Jul 01, 2022 to Jun 30, 2023 • Filed on Aug 21, 2023

625 Worthington Drive Suite 301Charlottesville, VA 22903

(434) 296-6138

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

98th percentile

93%

Higher net margin than 98% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

73rd percentile

20%

Faster asset growth than 73% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

94th percentile

161%

Faster revenue growth than 94% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$299,223

Up $49,082 (+20%) from 2022

Net Assets

Up

$299,223

Up $49,082 (+20%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$52,713

Up $32,553 (+161%) from 2022

Expenses

Down

$3,630

Down $384 (-9.6%) from 2022

Net Income

Up

$49,083

Up $32,937 (+204%) from 2022

Historical Trend

Balance Sheet Trend

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

$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

2023

Assets$299,223
Liabilities$0
Net Assets$299,223

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2023

Revenue$52,713
Expenses$3,630
Net Income$49,083
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Aug 21, 2023
Return Version
2022v5.0
Gross Receipts
$52,713
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 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.

Program Services

DescriptionGrantsExpenses
PROGRAM SERVICES DURING 6-30-2023 FISCAL YEAR KEYNOTE ADDRESSES: 1.MATRC TELEHEALTH CONFERENCE 2.CORNELL UNIVERSITY LIFE CHANGING LABS CONFERENCE 3.OHIO AFTERSCHOOL ASSOCIATION CONFERENCE 4.YOUNG ENTREPRENEURSHIP INSTITUTE CONFERENCE 5.OREGON AFTER SCHOOL ANNUAL CONFERENCE WAGILABS PROGRAM LAUNCHES: 1.CATHOLIC DIOCESE SCHOOLS (CLEVELAND, OH) (120 SCHOOLS, 4 SESSIONS, 1500+ STUDENTS) 2.COLUMBUS OHIO YMCA (8 SESSIONS, 144 STUDENTS) INTERNATIONAL EXPANSION: 1.TANZANIA TWENDE SCHOOLS (1 PROGRAM, 10 SESSIONS, 15 STUDENTS) 2.NIGERIA FOLA FOUNDATION (2 PROGRAMS, 13 SESSIONS PER PROGRAM, 10 STUDENTS PER PROGRAM) 3.LONDON FOLA FOUNDATION (1 PROGRAMS, 13 SESSIONS, 12 STUDENTS) 4.GHANA COCOA360 (1 PROGRAM, 13 SESSIONS, 18 STUDENTS PER PROGRAM) 5.MOZAMBIQUE OPERATION SMILE (1 PROGRAMS, 5 SESSIONS, 17 STUDENTS)-$2,865
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHARLES THOMPSONExec DirectoFT$0--
MARY POWERCFO / TreasuPT$0--
EMMANUEL ABEBRESESecretary-$0--
MARY PORTERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Wagilabs
EIN
81-2914215
Phone
4342966138
Address
625 WORTHINGTON DRIVE SUITE 301, CHARLOTTESVILLE, VA 22903

Signing Officer

Name
Charles Thompson
Title
Exec Director/pres.
Phone
4342966138
Signed
2023-08-21
Discuss with paid preparer
Yes

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-ez, Part I, Line 16

Expenses avertising & marketing 655 va scc registration fee 25 bank charges & fees 25 total 705

Form 990-ez, Part III

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.

Form 990-ez, Part III, Line 28

Program services during 6-30-2023 fiscal year keynote addresses: 1.matrc telehealth conference 2.cornell university life changing labs conference 3.ohio afterschool association conference 4.young entrepreneurship institute conference 5.oregon after school annual conference wagilabs program launches: 1.catholic diocese schools (cleveland, oh) (120 schools, 4 sessions, 1500+ students) 2.columbus ohio ymca (8 sessions, 144 students) international expansion: 1.tanzania twende schools (1 program, 10 sessions, 15 students) 2.nigeria fola foundation (2 programs, 13 sessions per program, 10 students per program) 3.london fola foundation (1 programs, 13 sessions, 12 students) 4.ghana cocoa360 (1 program, 13 sessions, 18 students per program) 5.mozambique operation smile (1 programs, 5 sessions, 17 students)

Raw XML Appendix160 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/ExplanationTxt0EXPENSES AVERTISING & MARKETING 655 VA SCC REGISTRATION FEE 25 BANK CHARGES & FEES 25 TOTAL 705
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WAGILABS 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROGRAM SERVICES DURING 6-30-2023 FISCAL YEAR KEYNOTE ADDRESSES: 1.MATRC TELEHEALTH CONFERENCE 2.CORNELL UNIVERSITY LIFE CHANGING LABS CONFERENCE 3.OHIO AFTERSCHOOL ASSOCIATION CONFERENCE 4.YOUNG ENTREPRENEURSHIP INSTITUTE CONFERENCE 5.OREGON AFTER SCHOOL ANNUAL CONFERENCE WAGILABS PROGRAM LAUNCHES: 1.CATHOLIC DIOCESE SCHOOLS (CLEVELAND, OH) (120 SCHOOLS, 4 SESSIONS, 1500+ STUDENTS) 2.COLUMBUS OHIO YMCA (8 SESSIONS, 144 STUDENTS) INTERNATIONAL EXPANSION: 1.TANZANIA TWENDE SCHOOLS (1 PROGRAM, 10 SESSIONS, 15 STUDENTS) 2.NIGERIA FOLA FOUNDATION (2 PROGRAMS, 13 SESSIONS PER PROGRAM, 10 STUDENTS PER PROGRAM) 3.LONDON FOLA FOUNDATION (1 PROGRAMS, 13 SESSIONS, 12 STUDENTS) 4.GHANA COCOA360 (1 PROGRAM, 13 SESSIONS, 18 STUDENTS PER PROGRAM) 5.MOZAMBIQUE OPERATION SMILE (1 PROGRAMS, 5 SESSIONS, 17 STUDENTS)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
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ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

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