Civic Intelligence

Wharton Alumni Angels

990EZ • Fiscal year 2019 • EIN 81-4641280

Oct 01, 2018 to Sep 30, 2019 • Filed on Feb 11, 2020

Organization ProfileN/A
650 Page Mill RoadPalo Alto, CA 94304

(415) 750-0522

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

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

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

47th percentile

0.00x

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

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Net Margin

30th percentile

-5.3%

Higher net margin than 30% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

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

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Asset Growth

17th percentile

-19%

Faster asset growth than 17% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

98th percentile

135%

Faster revenue growth than 98% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets47th percentile

Assets

Down

$8,992

Down $2,125 (-19%) from 2018

Net Assets

Down

$8,992

Down $2,125 (-19%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin30th percentile

Revenue

Up

$39,732

Up $22,811 (+135%) from 2018

Expenses

Up

$41,857

Up $27,801 (+198%) from 2018

Net Income

Down

-$2,125

Down $4,990 (-174%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth17th percentile

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

$60K$40K$20K$0Assets 2017: $8,252Liabilities 2017: $0Net Assets 2017: $8,2522017Assets 2018: $11,117Liabilities 2018: $0Net Assets 2018: $11,1172018Assets 2019: $8,992Liabilities 2019: $0Net Assets 2019: $8,9922019Assets 2021: $11,797Liabilities 2021: $0Net Assets 2021: $11,7972021Assets 2022: $25,924Liabilities 2022: $0Net Assets 2022: $25,9242022Assets 2023: $41,844Liabilities 2023: $0Net Assets 2023: $41,8442023Assets 2024: $18,592Liabilities 2024: $0Net Assets 2024: $18,5922024

Highlighted filing

2019

Assets$8,992
Liabilities$0
Net Assets$8,992
Open 2019 Filing

Operations Trend

Revenue Growth98th percentile

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

$100K$50K$0-$50KRevenue 2017: $16,744Expenses 2017: $8,492Net Income 2017: $8,2522017Revenue 2018: $16,921Expenses 2018: $14,056Net Income 2018: $2,8652018Revenue 2019: $39,732Expenses 2019: $41,857Net Income 2019: -$2,1252019Revenue 2021: $67,622Expenses 2021: $62,167Net Income 2021: $5,4552021Revenue 2022: $83,980Expenses 2022: $69,853Net Income 2022: $14,1272022Revenue 2023: $84,381Expenses 2023: $68,461Net Income 2023: $15,9202023Revenue 2024: $74,210Expenses 2024: $97,462Net Income 2024: -$23,2522024

Highlighted filing

2019

Revenue$39,732
Expenses$41,857
Net Income-$2,125
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Feb 11, 2020
Return Version
2018v3.1
Gross Receipts
$43,596
Mission and Program Overview

Mission

To strengthen the entrepreneurial ecosystem for alumni of the Wharton School of The University of Pennsylvania. The corporation is dedicated to supporting the school's over 400 students & over 5,000 alumni, by cultivating early-stage investors and entrepreneurs.

To strengthen the entrepreneurial ecosystem for alumni of the Wharton School of The University of Pennsylvania. The corporation is dedicated to supporting the school's

Program Services

DescriptionGrantsExpenses
The corporation provides its members education about and accessto early-stage investing opportunities. The corporation alsoprovides entrepreneurs support for growing their businesses.-$26,162
The corporation provides educational, professional developmentadvising and mentoring opportunities to investors, entrepreneurs& over 400 students. Educational events are open to the public.-$4,776
Software for managing and reporting on corporate innovation,corporate venture and corporate development activities.-$4,500
Compensation and Service Providers
Top Officer Pay71st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
John BrazePresident & Board DirectorPT$0--
Deb BardhanTreasurer & Board DirectorPT$0--
Nate JewellBoard DirectorPT$0--
Julie LawrenceBoard DirectorPT$0--
Ellen ChangBoard DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Wharton Alumni Angels
EIN
81-4641280
Phone
4157500522
Address
650 Page Mill Road, Palo Alto, CA 94304

Signing Officer

Name
Ellen Chang
Title
Treasurer
Phone
4157500522
Signed
2020-02-11
Discuss with paid preparer
Yes

Preparer

Firm
D & L Financial Services
Address
5820 Soltero Drive, San Jose, CA 95123
Preparer
Dana Grijalva EA
Phone
4089212650
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“SOFTWARE 4500.”

Form 990EZ, Part I, Line 16

“WEBSITE HOSTING 50.”

Form 990EZ, Part I, Line 16

“SaaS SERVICE 1013.”

Form 990EZ, Part I, Line 16

“BUSINESS TOOLS 4777.”

Form 990EZ, Part I, Line 16

“DOMAIN FEE 0.”

Form 990EZ, Part I, Line 16

“LICENSES AND FEES 137.”

Form 990EZ, Part I, Line 16

“Membership and registration 875.”

Form 990EZ, Part I, Line 16

“INSURANCE 2775.”

Form 990EZ, Part I, Line 16

“BANK FEES 156.”

Form 990EZ, Part I, Line 16

“FED AND STATE TAXES 80.”

Form 990EZ, Part I, Line 16

“MEALS 423.”

Raw XML Appendix152 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0Kranz Associates
IRS990EZ/BooksInCareOfDetail/PhoneNum06508544400
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0830 Menlo Avenue Suite 100
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Menlo Park
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd094025
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt011083
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt08992
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
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IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
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IRS990EZ/ExcessOrDeficitForYearAmt0-2125
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt027038
IRS990EZ/ForeignFinancialAccountInd0false
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IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt08992
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IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt043590
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt011117
IRS990EZ/NetAssetsOrFundBalancesEOYAmt08992
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt011117
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt08992
IRS990EZ/OccupancyRentUtltsAndMaintAmt033
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0John Braze
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Deb Bardhan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Nate Jewell
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Julie Lawrence
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Ellen Chang
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President & Board Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer & Board Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt034
IRS990EZ/OtherExpensesTotalAmt014786
IRS990EZ/PrimaryExemptPurposeTxt0To strengthen the entrepreneurial ecosystem for alumni of the Wharton School of The University of Pennsylvania. The corporation is dedicated to supporting the school's
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The corporation provides its members education about and accessto early-stage investing opportunities. The corporation alsoprovides entrepreneurs support for growing their businesses.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1The corporation provides educational, professional developmentadvising and mentoring opportunities to investors, entrepreneurs& over 400 students. Educational events are open to the public.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Software for managing and reporting on corporate innovation,corporate venture and corporate development activities.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt026162
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt14776
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt24500
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt03864
IRS990EZ/SpecialEventsNetIncomeLossAmt0-3858
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt041857
IRS990EZ/TotalProgramServiceExpensesAmt035438
IRS990EZ/TotalRevenueAmt039732
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SOFTWARE 4500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WEBSITE HOSTING 50.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SaaS SERVICE 1013.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BUSINESS TOOLS 4777.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOMAIN FEE 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LICENSES AND FEES 137.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MEMBERSHIP AND REGISTRATION 875.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7INSURANCE 2775.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8BANK FEES 156.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9FED AND STATE TAXES 80.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10MEALS 423.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02020-11-06 18:47:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Ellen Chang
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum04157500522
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-02-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Wharton Alumni Angels
ReturnHeader/Filer/BusinessNameControlTxt0WHAR
ReturnHeader/Filer/EIN0814641280
ReturnHeader/Filer/PhoneNum04157500522
ReturnHeader/Filer/USAddress/AddressLine1Txt0650 Page Mill Road
ReturnHeader/Filer/USAddress/CityNm0Palo Alto
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094304
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0BB5BC880406ACAD73EE5D2EB52A559B3EBF938C1
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.70.8.197
ReturnHeader/FilingSecurityInformation/IPDt02020-02-11
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm016:06:23
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0D & L Financial Services
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05820 Soltero Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0San Jose
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095123
ReturnHeader/PreparerPersonGrp/PhoneNum04089212650
ReturnHeader/PreparerPersonGrp/PreparationDt02020-02-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Dana Grijalva EA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-02-11T16:06:32-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-10-01
ReturnHeader/TaxPeriodEndDt02019-09-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$8,992
Liabilities
$0
Net assets
$8,992
Revenue
$39,732
Expenses
$41,857
Net income
-$2,125
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$18.6$0.00$18.6$74.2$97.5$23.3
2023Detailed filing. Detailed filing data is available for this year.$41.8$0.00$41.8$84.4$68.5$15.9
2022Detailed filing. Detailed filing data is available for this year.$25.9$0.00$25.9$84.0$69.9$14.1
2021Detailed filing. Detailed filing data is available for this year.$11.8$0.00$11.8$67.6$62.2$5.46
2019Detailed filing. Detailed filing data is available for this year.$8.99$0.00$8.99$39.7$41.9$2.13
2018Detailed filing. Detailed filing data is available for this year.$11.1$0.00$11.1$16.9$14.1$2.87
2017Detailed filing. Detailed filing data is available for this year.$8.25$0.00$8.25$16.7$8.49$8.25