Civic Intelligence

Weecycle

990 • Fiscal year 2021 • EIN 82-3096264

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 27, 2022

20 S Havana St Ste 210Aurora, CO 80012

(720) 319-7792

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$1,019,618

Flat from 2021

Net Assets

Flat

$999,776

Flat from 2021

Liabilities

Flat

$19,842

Flat from 2021

Revenue And Expenses

Revenue

Flat

$2,473,354

Flat from 2021

Expenses

Flat

$2,114,862

Flat from 2021

Net Income

Flat

$358,492

Flat from 2021

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017Assets 2018: $289,773Liabilities 2018: $1,677Net Assets 2018: $288,0962018Assets 2019: $344,805Liabilities 2019: $1,490Net Assets 2019: $343,3152019Assets 2020: $645,963Liabilities 2020: $4,679Net Assets 2020: $641,2842020Assets 2021: $1,019,618Liabilities 2021: $19,842Net Assets 2021: $999,7762021Assets 2021: $1,019,618Liabilities 2021: $19,842Net Assets 2021: $999,7762021Assets 2022: $1,543,673Liabilities 2022: $347,204Net Assets 2022: $1,196,4692022Assets 2023: $1,789,629Liabilities 2023: $167,982Net Assets 2023: $1,621,6472023Assets 2024: $5,788,975Liabilities 2024: $3,365,863Net Assets 2024: $2,423,1122024

Highlighted filing

2021

Assets$1,019,618
Liabilities$19,842
Net Assets$999,776

Operations Trend

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

$6.0M$4.0M$2.0M$0Revenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2018: $387,192Expenses 2018: $318,419Net Income 2018: $68,7732018Revenue 2019: $699,354Expenses 2019: $644,135Net Income 2019: $55,2192019Revenue 2020: $1,546,401Expenses 2020: $1,248,432Net Income 2020: $297,9692020Revenue 2021: $2,473,354Expenses 2021: $2,114,862Net Income 2021: $358,4922021Revenue 2021: $2,473,354Expenses 2021: $2,114,862Net Income 2021: $358,4922021Revenue 2022: $4,310,258Expenses 2022: $4,113,574Net Income 2022: $196,6842022Revenue 2023: $5,803,761Expenses 2023: $5,384,625Net Income 2023: $419,1362023Revenue 2024: $5,194,886Expenses 2024: $4,396,399Net Income 2024: $798,4872024

Highlighted filing

2021

Revenue$2,473,354
Expenses$2,114,862
Net Income$358,492
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 27, 2022
Return Version
2021v4.2
Gross Receipts
$2,494,351
Mission and Program Overview

Mission

Weecycle's mission is twofold to support families with infants and toddlers struggling to provide for their children and to contribute to a healthier more sustainable planet for future generations.

Weecycles mission is twofold, to support families with infants and toddlers struggling to provide for their children, and, to contribute to a healthier, more sustainable planet for future generations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$641,284$999,776▲ $358,492
Cash and Non-Interest-Bearing Accounts$333,234$459,470▲ $126,236
Inventories for Sale or Use$270,198$290,148▲ $19,950
Accounts Receivable-$138,233-
Prepaid Expenses and Deferred Charges$37,066$127,957▲ $90,891
Land, Buildings, and Equipment, Net$4,355$2,700▼ $1,655
Total Assets$645,963$1,019,618▲ $373,655
Other Assets Total$1,110$1,110→ $0
Liabilities
Other Liabilities$4,679$19,842▲ $15,163
Total Liabilities$4,679$19,842▲ $15,163
Net Assets / Fund Balance
Total Net Assets Fund Balance$641,284$999,776▲ $358,492
Total Liabilities and Net Assets / Fund Balance$645,963$1,019,618▲ $373,655

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,700$19,755-
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Morgan SeibelExecutive Director and Presid$76,932$1,870$78,802

Board Members and Trustees

NameTitle
Candace DaleBoard Chair
Ann EldridgeMember at Large
Emanuel RodriquezMember at Large
Jayme RitchieMember at Large
Megan ReesMember at Large
Paul PlaksinMember at Large
Rafaela AgyeiMember at Large
Joshua FordSecretary
Sierra ShirleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,393,272
Program Service Revenue
$0
Investment Income
$80
Other Revenue
$80,002
All Other Contributions
$2,393,272
Change in Net Assets
$358,492

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Clothing and Household Goods$1,411,400Salesforce Software
Other Non Cash Contri Table$33,683Fair Market Value (FMV)
Total Noncash Contributions$1,445,083-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,856,781
Salaries, Compensation, and Employee Benefits$258,081
Total Fundraising Expense$87,725
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$98,373$9,099$42,681$150,153
Current Officers, Directors, Trustees, and Key Employees$50,390$4,662$21,880$76,932
Occupancy$60,462--$60,462
Other Expenses$1,391,449$33,684-$33,684
Payroll Taxes$9,709$9,709$9,708$29,126
All Other Expenses$11,454$2,895$8,547$22,896
Insurance$5,648$4,518$1,130$11,296
Conferences and Meetings$1,165$1,165$1,165$3,495
Pension Plan Contributions$624$623$623$1,870
Advertising$461-$1,382$1,843
Depreciation Depletion$1,655--$1,655
Office Expenses$481$480$481$1,442
Information Technology$65$65$64$194
Travel$64-$64$128
Total Functional Expenses$1,950,237$76,900$87,725$2,114,862
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$100,999
Fundraising Direct Expenses$20,997
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Birdiesbaby$51,329$51,329$19,069$32,260
Blues Brews$30,124$30,124$1,890$28,234
Total Events$100,999$100,999$20,997$80,002
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Cards$17,467
Payroll Liabilities$2,375
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
Yes
Other officer compensation reviewed
Yes
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 governing body review Part VI line 11

Form 990, part vi line 11a: the board was provided and reviewed a copy of the form 990 at a board meeting before it was filed.

Conflict of interest policy compliance Part VI line 12C

Form 990, part vi, line 12c:all conflicts of interest are required to be disclosed as they arise.

CEO executive director top management comp Part VI line 15A

Form 990, part vi, line 15:weecycles board of directors reviews and approves all compensation for the executive director to make sure that it is within reasonable limits and does not exceed that of comparable organizations.

Other officer or key employee compensation Part VI line 15B

The compensation of other officers and key employees are subjected to analysis and review by the board of directors to ensure that salaries and wages are reasonable and comparable with similar organizations.

Governing documents etc available to public Part VI line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Weecycle
EIN
82-3096264
Address
20 S HAVANA ST STE 210, AURORA, CO 80012

Signing Officer

Name
Morgan Seibel
Title
Executive Direc
Phone
7203197792
Signed
2022-10-27
Discuss with paid preparer
No

Organization Details

Formed
2017
Legal Domicile
Co
Voting Board Members
9
Independent Board Members
9
Employees
15
Volunteers
258

Preparer

Firm
Huffman Accounting Group LLC
Address
12775 WEST BELLEVIEW AVENUE, LITTLETON, CO 80127
Preparer
Sandra Huffman
Phone
7209220382
Supplemental Narrative

Additional Explanations

General explanation attachment

Organizations mission: (continued) the essential baby gear program is weecycles original and primary program developed to match and provide essential baby gear to colorado families in need. Weecycle partners with individuals and businesses to obtain baby gear donations, which is then distributed through partnerships with local community nonprofits serving at-risk populations. The partnership model ensures that each family receives the wraparound support services they need to thrive. Our goal is to meet each familys specific needs rather than provide a one size fits all donation. As such, weecycle offers a bespoke service that is unique in the human services field. Under the essential baby gear program, we operate two subprograms: the diaper bank program and mobile baby essentials program. The diaper bank program was established in early 2018 as a response to the overwhelming need and substantial amount of diaper requests by families. The term diaper need is a simple concept with devastating ramifications.one in three american families suffer from diaper need, defined as a lack of a sufficient supply of diapers to keep a child clean, dry and healthy. There are more than 200,000 children under the age of 3 that live in the state of colorado, and more than 1/3 of them do not have enough diapers to stay clean, dry and healthy or to attend child care, if needed. The diaper bank program receives requests and distributes diapers using the same process as the essential baby gear program as well as fulfills bulk requests for supplies from over 60 secondary partner agencies. Weecycle is also able to provide immediate support to families in financial distress and/or emergent situations. In 2021 weecycle distributed a staggering 2,037,534 diapers and over 4,000,000 wipes! This was up from about 1.1 million diapers in 2020 and 237,000 diapers in 2019.weecycles mobile baby essentials program provides accessible services to families across the denver-metro area and beyond to further weecycles reach to serve families most in need. This mobile baby essentials program visits targeted underserved and under-resourced communities and distributes needed items including; infant and toddler-specific meals of baby food and formula, diapers, wipes and other needed items specific to the distribution location. Weecycles mobile baby essentials program has supported the distribution of more than 205,000 meals in 2021 and has been a critical resource to respond on-site during emergent situations in colorado including the covid-19 pandemic and the marshall fire.weecycles environmental preservation program keeps thousands of pounds of consumer goods out of landfills by recycling and reusing baby gear. In 2018, weecycle expanded our impact of reusing baby gear and implemented a car seat recycling program. After receiving hundreds of expired or unsafe car seats with limited resources available for reusing or recycling, this program specifically targets the retrieval and recycling of expired car seats. From 2018-2021, this program has been able to divert almost 1,900 car seats as well as additional car seat bases, totaling an estimated 20,225 pounds (or over 10 tons) of waste from landfills. This program keeps thousands of pounds of consumer plastics, styrofoam and metal out of landfills each year, while also keeping expired and unsafe car seats out of use. Also under the environmental preservation program umbrella, is weecycles clothing for all program. This program encourages our supporters to choose gently used clothing items over purchasing of new items to benefit our environment. Weecycle receives tens of thousands of clothing items each year, so much so that it is more than our partner agencies can use. To give all of this clothing a second life, weecycle piloted our clothing for all program to offer up some of this amazing excess clothing to families that could afford to buy new, but instead, make the intentional decision not to!

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IRS990/ProgSrvcAccomActy2Grp/Desc0THROUGH WEECYCLES ENVIRONMENTAL PRESERVATION PROGRAM, IN 2021, WEECYCLE COLLECTED 831 UNSAFE CAR SEATS AND AN ADDITIONAL 208 CAR SEAT BASES TO BE BROKEN DOWN AND RECYCLED, DIVERTING AN ESTIMATE OF OVER SEVEN TONS OF WASTE FROM LANDFILLS. WE ALSO LAUNCHED OUR CLOTHING FOR ALL PROGRAM IN 2021 TO ENCOURAGE OUR SUPPORTERS (REGARDLESS OF FINANCIAL ABILITY TO BUY NEW ITEMS) TO MAKE THE INTENTIONAL CHOICE TO USE GENTLY USED CLOTHING WHENEVER POSSIBLE TO BENEFIT OUR ENVIRONMENT.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990, PART VI LINE 11A: THE BOARD WAS PROVIDED AND REVIEWED A COPY OF THE FORM 990 AT A BOARD MEETING BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990, PART VI, LINE 12C:ALL CONFLICTS OF INTEREST ARE REQUIRED TO BE DISCLOSED AS THEY ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990, PART VI, LINE 15:WEECYCLES BOARD OF DIRECTORS REVIEWS AND APPROVES ALL COMPENSATION FOR THE EXECUTIVE DIRECTOR TO MAKE SURE THAT IT IS WITHIN REASONABLE LIMITS AND DOES NOT EXCEED THAT OF COMPARABLE ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES ARE SUBJECTED TO ANALYSIS AND REVIEW BY THE BOARD OF DIRECTORS TO ENSURE THAT SALARIES AND WAGES ARE REASONABLE AND COMPARABLE WITH SIMILAR ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ORGANIZATIONS MISSION: (CONTINUED) THE ESSENTIAL BABY GEAR PROGRAM IS WEECYCLES ORIGINAL AND PRIMARY PROGRAM DEVELOPED TO MATCH AND PROVIDE ESSENTIAL BABY GEAR TO COLORADO FAMILIES IN NEED. WEECYCLE PARTNERS WITH INDIVIDUALS AND BUSINESSES TO OBTAIN BABY GEAR DONATIONS, WHICH IS THEN DISTRIBUTED THROUGH PARTNERSHIPS WITH LOCAL COMMUNITY NONPROFITS SERVING AT-RISK POPULATIONS. THE PARTNERSHIP MODEL ENSURES THAT EACH FAMILY RECEIVES THE WRAPAROUND SUPPORT SERVICES THEY NEED TO THRIVE. OUR GOAL IS TO MEET EACH FAMILYS SPECIFIC NEEDS RATHER THAN PROVIDE A ONE SIZE FITS ALL DONATION. AS SUCH, WEECYCLE OFFERS A BESPOKE SERVICE THAT IS UNIQUE IN THE HUMAN SERVICES FIELD. UNDER THE ESSENTIAL BABY GEAR PROGRAM, WE OPERATE TWO SUBPROGRAMS: THE DIAPER BANK PROGRAM AND MOBILE BABY ESSENTIALS PROGRAM. THE DIAPER BANK PROGRAM WAS ESTABLISHED IN EARLY 2018 AS A RESPONSE TO THE OVERWHELMING NEED AND SUBSTANTIAL AMOUNT OF DIAPER REQUESTS BY FAMILIES. THE TERM DIAPER NEED IS A SIMPLE CONCEPT WITH DEVASTATING RAMIFICATIONS.ONE IN THREE AMERICAN FAMILIES SUFFER FROM DIAPER NEED, DEFINED AS A LACK OF A SUFFICIENT SUPPLY OF DIAPERS TO KEEP A CHILD CLEAN, DRY AND HEALTHY. THERE ARE MORE THAN 200,000 CHILDREN UNDER THE AGE OF 3 THAT LIVE IN THE STATE OF COLORADO, AND MORE THAN 1/3 OF THEM DO NOT HAVE ENOUGH DIAPERS TO STAY CLEAN, DRY AND HEALTHY OR TO ATTEND CHILD CARE, IF NEEDED. THE DIAPER BANK PROGRAM RECEIVES REQUESTS AND DISTRIBUTES DIAPERS USING THE SAME PROCESS AS THE ESSENTIAL BABY GEAR PROGRAM AS WELL AS FULFILLS BULK REQUESTS FOR SUPPLIES FROM OVER 60 SECONDARY PARTNER AGENCIES. WEECYCLE IS ALSO ABLE TO PROVIDE IMMEDIATE SUPPORT TO FAMILIES IN FINANCIAL DISTRESS AND/OR EMERGENT SITUATIONS. IN 2021 WEECYCLE DISTRIBUTED A STAGGERING 2,037,534 DIAPERS AND OVER 4,000,000 WIPES! THIS WAS UP FROM ABOUT 1.1 MILLION DIAPERS IN 2020 AND 237,000 DIAPERS IN 2019.WEECYCLES MOBILE BABY ESSENTIALS PROGRAM PROVIDES ACCESSIBLE SERVICES TO FAMILIES ACROSS THE DENVER-METRO AREA AND BEYOND TO FURTHER WEECYCLES REACH TO SERVE FAMILIES MOST IN NEED. THIS MOBILE BABY ESSENTIALS PROGRAM VISITS TARGETED UNDERSERVED AND UNDER-RESOURCED COMMUNITIES AND DISTRIBUTES NEEDED ITEMS INCLUDING; INFANT AND TODDLER-SPECIFIC MEALS OF BABY FOOD AND FORMULA, DIAPERS, WIPES AND OTHER NEEDED ITEMS SPECIFIC TO THE DISTRIBUTION LOCATION. WEECYCLES MOBILE BABY ESSENTIALS PROGRAM HAS SUPPORTED THE DISTRIBUTION OF MORE THAN 205,000 MEALS IN 2021 AND HAS BEEN A CRITICAL RESOURCE TO RESPOND ON-SITE DURING EMERGENT SITUATIONS IN COLORADO INCLUDING THE COVID-19 PANDEMIC AND THE MARSHALL FIRE.WEECYCLES ENVIRONMENTAL PRESERVATION PROGRAM KEEPS THOUSANDS OF POUNDS OF CONSUMER GOODS OUT OF LANDFILLS BY RECYCLING AND REUSING BABY GEAR. IN 2018, WEECYCLE EXPANDED OUR IMPACT OF REUSING BABY GEAR AND IMPLEMENTED A CAR SEAT RECYCLING PROGRAM. AFTER RECEIVING HUNDREDS OF EXPIRED OR UNSAFE CAR SEATS WITH LIMITED RESOURCES AVAILABLE FOR REUSING OR RECYCLING, THIS PROGRAM SPECIFICALLY TARGETS THE RETRIEVAL AND RECYCLING OF EXPIRED CAR SEATS. FROM 2018-2021, THIS PROGRAM HAS BEEN ABLE TO DIVERT ALMOST 1,900 CAR SEATS AS WELL AS ADDITIONAL CAR SEAT BASES, TOTALING AN ESTIMATED 20,225 POUNDS (OR OVER 10 TONS) OF WASTE FROM LANDFILLS. THIS PROGRAM KEEPS THOUSANDS OF POUNDS OF CONSUMER PLASTICS, STYROFOAM AND METAL OUT OF LANDFILLS EACH YEAR, WHILE ALSO KEEPING EXPIRED AND UNSAFE CAR SEATS OUT OF USE. ALSO UNDER THE ENVIRONMENTAL PRESERVATION PROGRAM UMBRELLA, IS WEECYCLES CLOTHING FOR ALL PROGRAM. THIS PROGRAM ENCOURAGES OUR SUPPORTERS TO CHOOSE GENTLY USED CLOTHING ITEMS OVER PURCHASING OF NEW ITEMS TO BENEFIT OUR ENVIRONMENT. WEECYCLE RECEIVES TENS OF THOUSANDS OF CLOTHING ITEMS EACH YEAR, SO MUCH SO THAT IT IS MORE THAN OUR PARTNER AGENCIES CAN USE. TO GIVE ALL OF THIS CLOTHING A SECOND LIFE, WEECYCLE PILOTED OUR CLOTHING FOR ALL PROGRAM TO OFFER UP SOME OF THIS AMAZING EXCESS CLOTHING TO FAMILIES THAT COULD AFFORD TO BUY NEW, BUT INSTEAD, MAKE THE INTENTIONAL DECISION NOT TO!
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5General explanation attachment
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