Civic Intelligence

Waspen Corporationusa

EIN 84-4384031 • 501(c)3 • Stone Mountain, GA

Profile

Our goal is to "lead a cross-sectoral collaboration to provide the knowledge and best practices necessary to advance preventative care (e.g., distributing vaccines, outreach, and education) and eliminate malnutrition which entails creating awareness, making sure patients receive the right support, and research

5348 Charity WayStone Mountain, GA 30083

waspen.org

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

5th percentile

-349%

Higher net margin than 5% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

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 2022

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Balance Sheet
Liabilities / Assets60th percentile

Assets

$221

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$221

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue62nd percentileNet Margin5th percentile

Revenue

$246

No earlier filing loaded for comparison.

Expenses

$1,105

No earlier filing loaded for comparison.

Net Income

-$859

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$300$200$100$0Assets 2022: $221Liabilities 2022: $0Net Assets 2022: $2212022

Highlighted filing

2022

Assets$221
Liabilities$0
Net Assets$221
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.5K$1.0K$500$0-$500-$1.0KRevenue 2022: $246Expenses 2022: $1,105Net Income 2022: -$8592022

Highlighted filing

2022

Revenue$246
Expenses$1,105
Net Income-$859
Open 2022 Filing

Filings

Most recent year

2022 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$221
Liabilities
$0
Net assets
$221
Revenue
$246
Expenses
$1,105
Net income
-$859
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$221$0$221$246$1,105$859
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Feb 28, 2023
Return Version
2022v4.1
Gross Receipts
$246
Mission and Program Overview

Mission

Our goal is to "lead a cross-sectoral collaboration to provide the knowledge and best practices necessary to advance preventative care (e.g., distributing vaccines, outreach, and education) and eliminate malnutrition which entails creating awareness, making sure patients receive the right support, and research

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,080$221▼ $859
Rtn Earn Endowment Incm Other Fnds$1,080$221▼ $859
Total Assets$1,080$221▼ $859
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,080$221▼ $859
Total Liabilities and Net Assets / Fund Balance$1,080$221▼ $859
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
-President/Founder
-Board of Director
Revenue and Support

Revenue Composition

Contributions and Grants
$246
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$246
Change in Net Assets
$-859

Audited Revenue Reconciliation

Revenue per Audited Statements
$246
Total Revenue per Audited Statements
$246
Total Revenue per Form 990
$246
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,105
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$0$1,105$0$1,105
Total Functional Expenses$0$1,105$0$1,105

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,105
Total Expenses per Audited Statements$1,105
Total Expenses per Form 990$1,105
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
Yes
Audit committee
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Waspen Corporationusa
EIN
84-4384031
Phone
6789273330
Address
5348 CHARITY WAY, STONE MOUNTAIN, GA 30083

Signing Officer

Name
Teresa Pounds
Title
President/founder
Phone
6789273330
Signed
2023-02-28

Organization Details

Principal Officer
Teresa Pounds
Formed
2019
Legal Domicile
Ga
Voting Board Members
6
Independent Board Members
0
Employees
0
Volunteers
50

Preparer

Firm
Mabel Osei CPA
Address
6314 RORY CT, LANHAM, MD 20706
Preparer
Mabel Osei
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Board of director meetings thru”

Pt VI, Line 15A

“Meetings at the Board level”

Pt VI, Line 15B

“board of directors meetings”

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits