Liabilities / Assets
46th percentile
Tied with the lowest-debt nonprofits in its peer group.
Wharton Alumni Angels
990EZ • Fiscal year 2023 • EIN 81-4641280
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
46th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
80th percentile
Higher net margin than 80% of similar nonprofits.
Top Officer Pay
73rd percentile
Higher top officer pay than 73% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
93rd percentile
Faster asset growth than 93% of similar nonprofits.
Revenue Growth
40th percentile
Faster revenue growth than 40% of similar nonprofits.
Balance Sheet
Assets
Up$41,844
Up $15,920 (+61%) from 2022
Net Assets
Up$41,844
Up $15,920 (+61%) from 2022
Liabilities
Flat$0
Flat from 2022
Revenue And Expenses
Revenue
Up$84,381
Up $401 (+0.5%) from 2022
Expenses
Down$68,461
Down $1,392 (-2.0%) from 2022
Net Income
Up$15,920
Up $1,793 (+13%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Oct 1, 2022 to Sep 30, 2023
- Signed
- Apr 22, 2024
- Return Version
- 2022v5.0
- Gross Receipts
- $84,381
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 students & alumni, by cultivating early-stage investors and entrepreneurs.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| The corporation provides its members education about and access to early-stage investing opportunities. The corporation also provides entrepreneurs support for growing their businesses. | - | - |
| The corporation provides educational, professional development advising and mentoring opportunities to investors, entrepreneurs and to over 400 students. Educational events are open to the public. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| John Braze | President/Secretary | PT | $0 | - | - |
| Deb BardHan | Board Director | PT | $0 | - | - |
| Nate Jewell | Board Director | - | $0 | - | - |
| Ellen Chang | Chief Operating Officer | - | $0 | - | - |
| Julie Lawrence | Board Director | - | $0 | - | - |
| Laura Huang | Board Director | - | $0 | - | - |
| IRENE ZHANG | CFO & Treasurer | - | $0 | - | - |
Political and Lobbying Activity
- In-house lobbying only
- Yes
Filing and Contact Details
Filer
- Filer Name
- Wharton Alumni Angels
- EIN
- 81-4641280
- In Care Of
- % SPENCER BARRETT
- Phone
- 4157500522
- Address
- 650 Page Mill Road, Palo Alto, CA 94304
Signing Officer
- Name
- Irene Zhang
- Title
- CFO & Treasurer
- Phone
- 4157500522
- Signed
- 2024-04-22
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Forvis Llp
- Address
- 250 E 200 S SUITE 1200, SALT LAKE CITY, UT 84111
- Preparer
- Adam R Smith CPA
- Phone
- 8015319100
Supplemental Narrative
Additional Explanations
Form 990EZ, Part V
“During the year, the organization, did not receive any funds, directly or indirectly, to pay premiums on a personal benefit contract and the organization did not pay premiums, directly or indrectly, on a personal benefit contract.”
Form 990EZ Part I Line 16
“Description:BANK FEES Amount:2964”
Form 990EZ Part I Line 16
“Description:CONTRACTOR EXPENSE Amount:87”
Form 990EZ Part I Line 16
“Description:DEAL EXPENSE Amount:115”
Form 990EZ Part I Line 16
“Description:REIMBURSABLE EXPENSES Amount:525”
Form 990EZ Part I Line 16
“Description:TAXES & LICENSES Amount:1535”
Form 990EZ Part I Line 16
“Description:INSURANCE Amount:2927”
Form 990EZ Part I Line 16
“Description:DUES & SUBSCRIPTION Amount:17545”
Form 990EZ Part I Line 16
“Description:PAYMENT PROVIDER FEES Amount:2683”
Raw XML Appendix155 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | SPENCER BARRETT |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8014954338 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3300 N ASHTON BLVD SUITE 240 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | lehi |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | UT |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 84043 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 25924 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 41844 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 15920 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 40080 |
| IRS990EZ/FiledScheduleAInd | 0 | false |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 25924 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 41844 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 84381 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 84381 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 25924 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 41844 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 25924 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 41844 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 5.0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 3.0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 3.0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | John Braze |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Deb BardHan |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Nate Jewell |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Ellen Chang |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Julie Lawrence |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | Laura Huang |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | IRENE ZHANG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President/secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Board Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Board Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | CHIEF OPERATING OFFICER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Board Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | Board Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | CFO & TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 28381 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | 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 STUDENTS & ALUMNI, BY CULTIVATING EARLY-STAGE INVESTORS AND ENTREPRENEURS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | The corporation provides its members education about and access to early-stage investing opportunities. The corporation also provides entrepreneurs support for growing their businesses. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | The corporation provides educational, professional development advising and mentoring opportunities to investors, entrepreneurs and to over 400 students. Educational events are open to the public. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | true |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 68461 |
| IRS990EZ/TotalRevenueAmt | 0 | 84381 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | https://www.whartonalumniangels.com/ |
| IRS990ScheduleC/AgreeCarryoverPriorYearInd | 0 | false |
| IRS990ScheduleC/OnlyInHouseLobbyingInd | 0 | true |
| IRS990ScheduleC/SubstantiallyAllDuesNondedInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DURING THE YEAR, THE ORGANIZATION, DID NOT RECEIVE ANY FUNDS, DIRECTLY OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT AND THE ORGANIZATION DID NOT PAY PREMIUMS, DIRECTLY OR INDRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description:BANK FEES Amount:2964 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description:CONTRACTOR EXPENSE Amount:87 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Description:DEAL EXPENSE Amount:115 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Description:REIMBURSABLE EXPENSES Amount:525 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Description:TAXES & LICENSES Amount:1535 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Description:INSURANCE Amount:2927 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Description:DUES & SUBSCRIPTION Amount:17545 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Description:PAYMENT PROVIDER FEES Amount:2683 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990EZ, PART V |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990EZ PART I LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990EZ PART I LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990EZ PART I LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990EZ PART I LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990EZ PART I LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990EZ PART I LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990EZ PART I LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990EZ PART I LINE 16 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Irene Zhang |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CFO & Treasurer |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4157500522 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-04-22 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Wharton Alumni Angels |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WHAR |
| ReturnHeader/Filer/EIN | 0 | 814641280 |
| ReturnHeader/Filer/InCareOfNm | 0 | % SPENCER BARRETT |
| ReturnHeader/Filer/PhoneNum | 0 | 4157500522 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 650 Page Mill Road |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Palo Alto |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 94304 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | FORVIS LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 250 E 200 S SUITE 1200 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SALT LAKE CITY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | UT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 84111 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8015319100 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-04-22 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Adam R Smith CPA |
| ReturnHeader/ReturnTs | 0 | 2024-05-03T17:24:53-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Irene |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Zhang |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-10-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-09-30 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $41,844
- Liabilities
- $0
- Net assets
- $41,844
- Revenue
- $84,381
- Expenses
- $68,461
- Net income
- $15,920