Civic Intelligence

Wealthygen

EIN 83-0585297 • 501(c)3 • Hyattsville, MD

Pub. 78 Eligible990-N Coverage

Profile

Financial Empowerment for Women & Youth

5557 Baltimore Ave Ste 500-1070Hyattsville, MD 20781

wwww.wealthygen.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

92nd percentile

0.86x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

91st percentile

0.43x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

29th percentile

-12%

Higher net margin than 29% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

30th percentile

-23%

Faster asset growth than 30% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

15th percentile

-60%

Faster revenue growth than 15% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$14,134

Down $4,260 (-23%) from 2023

Liabilities

Down

$12,151

Down $1,001 (-7.6%) from 2023

Net Assets

Down

$1,983

Down $3,259 (-62%) from 2023

Revenue

Down

$27,949

Down $42,561 (-60%) from 2023

Expenses

Down

$31,208

Down $50,574 (-62%) from 2023

Net Income

Up

-$3,259

Up $8,013 (+71%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30K$20K$10K$0Assets 2021: $27,582Liabilities 2021: $5,770Net Assets 2021: $21,8122021Assets 2022: $22,759Liabilities 2022: $6,245Net Assets 2022: $16,5142022Assets 2023: $18,394Liabilities 2023: $13,152Net Assets 2023: $5,2422023Assets 2024: $14,134Liabilities 2024: $12,151Net Assets 2024: $1,9832024

Highlighted filing

2024

Assets$14,134
Liabilities$12,151
Net Assets$1,983

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2021: $73,284Expenses 2021: $56,187Net Income 2021: $17,0972021Revenue 2022: $53,177Expenses 2022: $61,974Net Income 2022: -$8,7972022Revenue 2023: $70,510Expenses 2023: $81,782Net Income 2023: -$11,2722023Revenue 2024: $27,949Expenses 2024: $31,208Net Income 2024: -$3,2592024

Highlighted filing

2024

Revenue$27,949
Expenses$31,208
Net Income-$3,259

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 5, 2025
Return Version
2024v5.1
Gross Receipts
$27,949
Mission and Program Overview

Mission

Financial Empowerment for Women & Youth

Program Services

DescriptionGrantsExpenses
WealthyGen implemented the Prince Georges County Innovation scholarship program through which we awarded scholarships to PG County high school seniors majoring in STEM fields.$25,000$15,487
WealthyGen improved the functionality of our personal finance solution (the WealthyGen mobile application) to help individuals with money management and fianncial literacy-$8,598
WealthyGen empowered 1 widow with money to buy food items for the children-$110
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charity Ezenwa-OnuakuPresident-$0--
Anthony OnuakuVice President-$0--
Kennisha FirstleySecretary-$0--
Sussie OkoroDirector-$0--
Chi OnwumbikoDirector-$0--
Uchenna OnyimaDirector-$0--
Amaka OkoliDirector-$0--
Filing and Contact Details

Filer

Filer Name
Wealthygen Inc
EIN
83-0585297
In Care Of
% Charity Ezenwa-Onuaku
Phone
3012328384
Address
5557 Baltimore Ave Ste 500-1070, Hyattsville, MD 20781

Signing Officer

Name
Charity Ezenwa-onuaku
Title
President
Phone
3012328384
Signed
2025-04-05
Discuss with paid preparer
No

Preparer

Firm
WealthyGen Inc
Address
5557 Baltimore Ave Ste 500, Hyattsville, MD 20781
Preparer
Charity Ezenwa
Phone
3012328384
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

Description AmountRoyalty Income - IP 215Royalty Income - Other 111Rewards 305

List of grants and similar amounts paid Part I line 10

Activity Prince Georges County Innovation Scholarship ProgGrantee PG County Innovation Scholars Relationship 12 High School STEM graduating studAmount 12,000

Description of other expenses Part I line 16

Description AmountRegistration & License fees 426Supplies 30Liability Insurance 179Contribution to WealthyGen Solutio 250Market Place Processing Fees 426Bank and Merchant Fees 271Interest Expenses 1,334Meeting Expenses 1,244Empowerment Costs 110

Description of other assets Part II line 24

Category Beginning of Year End of YearAccount Receivable 109 0Inventory 6,194 6,194Prepaid Expenses 15 15

Description of total liabilities Part II line 26

Category Beginning of Year End of YearAccounts Payable 5,000 2,000SBA COVID-19 EIDL Loan 1,102 982PNC Credit Card 7,050 9,169

Raw XML Appendix186 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Charity Ezenwa-Onuaku
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Anthony Onuaku
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Kennisha Firstley
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Sussie Okoro
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Chi Onwumbiko
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Uchenna Onyima
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Amaka Okoli
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
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IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OtherAssetsTotalDetail/BOYAmt06318
IRS990EZ/OtherAssetsTotalDetail/EOYAmt06209
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IRS990EZ/OtherRevenueTotalAmt0631
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1WealthyGen empowered 1 widow with money to buy food items for the children
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2WealthyGen improved the functionality of our personal finance solution (the WealthyGen mobile application) to help individuals with money management and fianncial literacy
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt067432
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt038856
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt062391
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountRoyalty Income - IP 215Royalty Income - Other 111Rewards 305
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Activity Prince Georges County Innovation Scholarship ProgGrantee PG County Innovation Scholars Relationship 12 High School STEM graduating studAmount 12,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description AmountRegistration & License fees 426Supplies 30Liability Insurance 179Contribution to WealthyGen Solutio 250Market Place Processing Fees 426Bank and Merchant Fees 271Interest Expenses 1,334Meeting Expenses 1,244Empowerment Costs 110
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearAccount Receivable 109 0Inventory 6,194 6,194Prepaid Expenses 15 15
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Category Beginning of Year End of YearAccounts Payable 5,000 2,000SBA COVID-19 EIDL Loan 1,102 982PNC Credit Card 7,050 9,169
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Description of total liabilities Part II line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARITY EZENWA-ONUAKU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum03012328384
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WEALTHYGEN INC
ReturnHeader/Filer/BusinessNameControlTxt0WEAL
ReturnHeader/Filer/EIN0830585297
ReturnHeader/Filer/InCareOfNm0% Charity Ezenwa-Onuaku
ReturnHeader/Filer/PhoneNum03012328384
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05557 Baltimore Ave Ste 500
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ReturnHeader/PreparerPersonGrp/PhoneNum03012328384
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHARITY EZENWA
ReturnHeader/ReturnTs02025-04-05T19:02:53-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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