Civic Intelligence

Wepower

990 • Fiscal year 2022 • EIN 82-3591958

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 07, 2023

20 S Sarah Street STE 200Saint Louis, MO 63108

(314) 348-0392

Siviq Scores

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

Liabilities / Assets

86th percentile

0.57x

Higher debt load relative to assets than 86% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

45th percentile

0.06x

Higher debt load relative to revenue than 45% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

42nd percentile

2.8%

Higher net margin than 42% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

74th percentile

$113,604

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

97th percentile

179%

Faster asset growth than 97% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

64th percentile

18%

Faster revenue growth than 64% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$232,805

Up $149,251 (+179%) from 2021

Net Assets

Up

$100,748

Up $72,814 (+261%) from 2021

Liabilities

Up

$132,057

Up $76,437 (+137%) from 2021

Revenue

Up

$2,131,840

Up $324,094 (+18%) from 2021

Expenses

Up

$2,072,040

Up $284,875 (+16%) from 2021

Net Income

Up

$59,800

Up $39,219 (+191%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2018: $62,645Liabilities 2018: $10,724Net Assets 2018: $51,9212018Assets 2019: $60,679Liabilities 2019: $34,050Net Assets 2019: $26,6292019Assets 2020: $75,657Liabilities 2020: $63,888Net Assets 2020: $11,7692020Assets 2021: $83,554Liabilities 2021: $55,620Net Assets 2021: $27,9342021Assets 2022: $232,805Liabilities 2022: $132,057Net Assets 2022: $100,7482022Assets 2023: $975,850Liabilities 2023: $153,816Net Assets 2023: $822,0342023Assets 2024: $1,224,465Liabilities 2024: $130,327Net Assets 2024: $1,094,1382024

Highlighted filing

2022

Assets$232,805
Liabilities$132,057
Net Assets$100,748

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2018: $364,157Expenses 2018: $312,356Net Income 2018: $51,8012018Revenue 2019: $767,037Expenses 2019: $792,346Net Income 2019: -$25,3092019Revenue 2020: $1,451,477Expenses 2020: $1,475,877Net Income 2020: -$24,4002020Revenue 2021: $1,807,746Expenses 2021: $1,787,165Net Income 2021: $20,5812021Revenue 2022: $2,131,840Expenses 2022: $2,072,040Net Income 2022: $59,8002022Revenue 2023: $2,269,223Expenses 2023: $2,007,937Net Income 2023: $261,2862023Revenue 2024: $3,313,077Expenses 2024: $3,040,973Net Income 2024: $272,1042024

Highlighted filing

2022

Revenue$2,131,840
Expenses$2,072,040
Net Income$59,800
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 7, 2023
Return Version
2022v5.0
Gross Receipts
$2,131,840
Mission and Program Overview

Mission

WEPOWERs mission is to activate community power to re-design education, economic, health, and justice systems to be just and equitable for all.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$90,873$231,138▲ $140,265
Accounts Receivable$5,000$1,667▼ $3,333
Total Assets$95,873$232,805▲ $136,932
Liabilities
Accounts Payable and Accrued Expenses$54,925$132,057▲ $77,132
Total Liabilities$54,925$132,057▲ $77,132
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$40,948$100,748▲ $59,800
Total Net Assets Fund Balance$40,948$100,748▲ $59,800
Total Liabilities and Net Assets / Fund Balance$95,873$232,805▲ $136,932
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Charli CookseyFounder and CEOFT$113,604$113,604

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,131,834
Program Service Revenue
$0
Investment Income
$6
Other Revenue
$0
All Other Contributions
$1,965,334
Change in Net Assets
$59,800
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$948,599
Other Expenses$922,181
Grants and Similar Amounts Paid$201,260
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$458,899$212,901-$671,800
Fees for Services Management$464,058$89,416-$553,474
Grants to Domestic Orgs$201,260--$201,260
Current Officers, Directors, Trustees, and Key Employees$113,605--$113,605
Other Employee Benefits-$100,329-$100,329
Fees for Services Other-$76,574-$76,574
Payroll Taxes-$62,865-$62,865
Information Technology-$41,321-$41,321
Fees for Services Accounting-$22,610-$22,610
Occupancy-$19,378-$19,378
Fees for Services Legal-$15,728-$15,728
Travel-$14,191-$14,191
Office Expenses-$12,415-$12,415
Other Expenses$120,401$5,549-$5,549
Insurance-$4,781-$4,781
Advertising$3,246--$3,246
Total Functional Expenses$1,361,469$710,571$0$2,072,040
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
St Louis Community FoundationSaint Louis, MO-Philanthropy-
Urban SproutsSaint Louis, MO-Early Childhood Development-
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
Backup withholding compliance
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

Members or stockholder classes and rights Part VI line 6

The organization has members.

Form 990 governing body review Part VI line 11

The 900 is reviewed with the Board prior to filing.

Conflict of interest policy compliance Part VI line 12C

The Board, managmement and employees are required to report any conflict of interest to the Board.

CEO executive director top management comp Part VI line 15A

Compensation of the CEO and other key employees is reviewed and compared to other positions in organizations of similar size and mission.

Other officer or key employee compensation Part VI line 15B

Compensation of the CEO and other key employees is reviewed and compared to other positions in organizations of similar size and mission.

Governing documents etc available to public Part VI line 19

Governing documents and other information is availble upon request.

Filing and Contact Details

Filer

Filer Name
Wepower
EIN
82-3591958
Address
20 S Sarah Street STE 200, Saint Louis, MO 63108

Signing Officer

Name
Charli Cooksey
Title
Executive Direc
Phone
3143480392
Signed
2023-04-07
Discuss with paid preparer
No

Organization Details

Principal Officer
Charli Cooksey
Formed
2018
Legal Domicile
Mo
Voting Board Members
8
Independent Board Members
8
Employees
16

Preparer

Firm
Omiga Tax Preparation Services
Address
231 S Bemiston STE850 PMB83444, Saint Louis, MO 63105
Preparer
Daniel Sills
Phone
3144998249
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Minor adjustments to prior balance

Part XI response or note to any line in Part XI

Repayment of founders capital

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IRS990/Desc0Community Wealth Building Initiative - We run a trio of programs (WEPOWER Business Accelerator, WEPOWER Investment Fund, and Kiva Hub 0-Interest loans) that develop Black and Latinx St. Louis entrepreneurs with the goals of sparking economic development and creating living-wage jobs. In 2021, we disbursed 15+ interest free loans (up to $15k) through the St. Louis Kiva Hub. In 2021, we also launched our $1.5 million investment fund, which will provide Black and Latinx-owned businesses access to capital and business coaching with flexible, founder-friendly payment terms. In addition, we had 10 local Black and Latinx-owned businesses complete our accelerator in 2021; each participant received 100+ hours of business coaching, investment readiness training, marketing and branding consultation, bookkeeping support, and mentorship over a 6 month period.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Power Building Academies: Power Building Academy is a 3 month program that provides key experiences in leadership development, systems analysis, and grassroots organizing for residents seeking to improve the regions economic and early childhood education (ECE) systems. In 2021, we trained 21 local residents through the program. In tandem with our Power Building Academy and in partnership with others, we have also started a coalition for economic justice, designed policy platforms, and led advocacy campaigns including one to spark equitable allocation of resources to early childhood education centers and another to address impending school closings within the Saint Louis Public Schools.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Storytelling and Communications - We tell human-centered stories that shift beliefs and behaviors. We amplify the stories of our community members in order to illuminate their experiences with the current system and their journeys of achieving change. We produced several stories and videos about our entrepreneurs and changemakers, in addition to highlighting them and our work on social media and other platforms.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0Chisholms Chair Fellowship - The Chisholms Chair Fellowship is a 3-month leadership development experience for Black and Latina women in St. Louis who are interested in pursuing publicly elected and appointed civic positions. In 2021, we successfully prepared 13 women for public leadership.
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01451461
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0767005
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0364129
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06483669
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt06
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt016
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt032
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt028
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt088
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.89210
IRS990ScheduleA/PublicSupportPY170Pct00.56500
IRS990ScheduleA/PublicSupportTotal170Amt05783978
IRS990ScheduleA/SubstantialContributorsTotAmt0699691
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02131834
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01769240
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01451461
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0767005
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0364129
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06483669
IRS990ScheduleA/TotalSupportAmt06483757
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleC/DirectContactLegislatorsInd0false
IRS990ScheduleC/GrantsOtherOrganizationsInd0false
IRS990ScheduleC/MailingsMembersInd0false
IRS990ScheduleC/MediaAdvertisementsInd0false
IRS990ScheduleC/NotDescribedSection501c3Ind0false
IRS990ScheduleC/OtherActivitiesInd0true
IRS990ScheduleC/PaidStaffOrManagementInd0true
IRS990ScheduleC/PublicationsOrBroadcastInd0false
IRS990ScheduleC/RalliesDemonstrationsInd0false
IRS990ScheduleC/VolunteersInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Early Childhood Development
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Philanthropy
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Urban Sprouts
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1St Louis Community Foundation
IRS990ScheduleI/RecipientTable/RecipientEIN0611753198
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt06757 Olive Blvd
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt12 Oak Knoll Park
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Saint Louis
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Saint Louis
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MO
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd063130
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd163105
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization has members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The 900 is reviewed with the Board prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board, managmement and employees are required to report any conflict of interest to the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compensation of the CEO and other key employees is reviewed and compared to other positions in organizations of similar size and mission.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Compensation of the CEO and other key employees is reviewed and compared to other positions in organizations of similar size and mission.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Governing documents and other information is availble upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Minor adjustments to prior balance
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Repayment of founders capital
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part XI response or note to any line in Part XI
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0WEPOWER ElevateElevar Capital Inc
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0871354495
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0MO
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt04240 Duncan Ave Ste 200
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0Saint Louis
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0MO
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd063110
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0871354495
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C Corp
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MO
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0WEPOWER ElevateElevar Capital Inc
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt04240 Duncan Ave Ste 200
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0Saint Louis
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0MO
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd063110
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt095873
IRS990/TotalAssetsEOYAmt0232805
IRS990/TotalAssetsGrp/BOYAmt095873
IRS990/TotalAssetsGrp/EOYAmt0232805
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02131834
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0710571
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01361469
IRS990/TotalFunctionalExpensesGrp/TotalAmt02072040
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt054925
IRS990/TotalLiabilitiesEOYAmt0132057
IRS990/TotalLiabilitiesGrp/BOYAmt054925
IRS990/TotalLiabilitiesGrp/EOYAmt0132057
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt040948
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0100748
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt094395
IRS990/TotalProgramServiceExpensesAmt01361469
IRS990/TotalReportableCompFromOrgAmt0113604
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02131840
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt095873
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0232805

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