Civic Intelligence

Wall Street Wizards Academy

EIN 85-3230402 • 501(c)3 • Detroit, MI

Profile

Wall street wizards academy provides financial literacy education, career planning, and mentorship opportunities for youth. The ultimate goal of the curriculum is for wall street wizards students to communicate and demonstrate a rationale for their financial decisions, to be critical consumers and users of financial products and services, and to develop sound and strategic money management and investment practices that create wealth-building opportunities for their families and communities. The wall street wizards curriculum includes, but is not limited to, mathematical competency and enrichment, financial and economic impact of current events/legislation, case studies and group projects, business plan competitions, speaker series, career readiness prep, and internship opportunities. Classes are currently being held virtually with plans to return to in-person instruction as public health protocols allow.

19337 Santa Rosa DrDetroit, MI 48221

wallstreetwizards.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2021

Net Margin

90th percentile

52%

Higher net margin than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

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

Source year 2021

Revenue Growth

Score unavailable

No value available

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

Source year 2021

Assets

$31,990

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

$31,990

No earlier filing loaded for comparison.

Revenue

$59,790

No earlier filing loaded for comparison.

Expenses

$28,588

No earlier filing loaded for comparison.

Net Income

$31,202

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2021: $31,990Net Assets 2021: $31,9902021

Highlighted filing

2021

Assets$31,990
Liabilities-
Net Assets$31,990

Operations Trend

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

$60K$40K$20K$0Revenue 2021: $59,790Expenses 2021: $28,588Net Income 2021: $31,2022021

Highlighted filing

2021

Revenue$59,790
Expenses$28,588
Net Income$31,202

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$32.0$32.0$59.8$28.6$31.2
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.0
Gross Receipts
$59,790
Mission and Program Overview

Mission

Wall street wizards academy provides financial literacy education, career planning, and mentorship opportunities for youth. The ultimate goal of the curriculum is for wall street wizards students to communicate and demonstrate a rationale for their financial decisions, to be critical consumers and users of financial products and services, and to develop sound and strategic money management and investment practices that create wealth-building opportunities for their families and communities. The wall street wizards curriculum includes, but is not limited to, mathematical competency and enrichment, financial and economic impact of current events/legislation, case studies and group projects, business plan competitions, speaker series, career readiness prep, and internship opportunities. Classes are currently being held virtually with plans to return to in-person instruction as public health protocols allow.

Program Services

DescriptionGrantsExpenses
FINANCIAL LITERACY SUMMER COHORT OF 20 STUDENTS. VIRTUAL FINANCIAL LITERACY SEMINAR FEATURING COINBASE. SOCIAL MEDIA LIVESTREAM TO THE PUBLIC MONTHLY VIA CLUBHOUSE ON VARIOUS FINANCIAL LITERACY TOPICS. OFFICE HOURS FOR INDIVIDUAL-LEVEL Q&A TO DEEPEN UNDERSTANDING OF VARIOUS FINANCIAL LITERACY TOPICS.-$28,588
.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLIAM E THOMASON IIIPresidentPT$8,950-$8,950
BRITTANY ELMORECOOPT$8,830-$8,830
BRADLEY WATTSBoard MemberPT$0--
WILLIAM BROWNBoard MemberPT$0--
SHEILA SHOLARSBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Wall Street Wizards Academy
EIN
85-3230402
Phone
4157257590
Address
19337 SANTA ROSA DR, DETROIT, MI 48221

Signing Officer

Name
Bradley Watts
Title
Board Member
Phone
5105453595
Signed
2022-11-15

Preparer

Firm
Miller Kaplan Arase Llp
Address
275 BATTERY STREET SUITE 1800, SAN FRANCISCO, CA 94111
Preparer
Nicole M Lipset
Phone
4152174900
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Cash rewards 38 cash-in-lieu 1 total 39

Form 990-ez, Part I, Line 16

Expenses travel 3,313 professional fees 2,014 office expense 3,364 bank fees 199 software & apps 181 paypal fees 149 payroll expense 251 workers compensation 562 supplies -35 meals 266 entertainment 38 total 10,302

Form 990-ez, Part I, Line 20

OTHER INCREASES 18

Form 990-ez, Part III

Wall street wizards academy provides financial literacy education, career planning, and mentorship opportunities for youth. The ultimate goal of the curriculum is for wall street wizards students to communicate and demonstrate a rationale for their financial decisions, to be critical consumers and users of financial products and services, and to develop sound and strategic money management and investment practices that create wealth-building opportunities for their families and communities. The wall street wizards curriculum includes, but is not limited to, mathematical competency and enrichment, financial and economic impact of current events/legislation, case studies and group projects, business plan competitions, speaker series, career readiness prep, and internship opportunities. Classes are currently being held virtually with plans to return to in-person instruction as public health protocols allow.

Form 990-ez, Part III, Line 31

Financial literacy summer cohort of 20 students. Virtual financial literacy seminar featuring coinbase. Social media livestream to the public monthly via clubhouse on various financial literacy topics. Office hours for individual-level q&a to deepen understanding of various financial literacy topics.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASH REWARDS 38 CASH-IN-LIEU 1 TOTAL 39
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WALL STREET WIZARDS ACADEMY PROVIDES FINANCIAL LITERACY EDUCATION, CAREER PLANNING, AND MENTORSHIP OPPORTUNITIES FOR YOUTH. THE ULTIMATE GOAL OF THE CURRICULUM IS FOR WALL STREET WIZARDS STUDENTS TO COMMUNICATE AND DEMONSTRATE A RATIONALE FOR THEIR FINANCIAL DECISIONS, TO BE CRITICAL CONSUMERS AND USERS OF FINANCIAL PRODUCTS AND SERVICES, AND TO DEVELOP SOUND AND STRATEGIC MONEY MANAGEMENT AND INVESTMENT PRACTICES THAT CREATE WEALTH-BUILDING OPPORTUNITIES FOR THEIR FAMILIES AND COMMUNITIES. THE WALL STREET WIZARDS CURRICULUM INCLUDES, BUT IS NOT LIMITED TO, MATHEMATICAL COMPETENCY AND ENRICHMENT, FINANCIAL AND ECONOMIC IMPACT OF CURRENT EVENTS/LEGISLATION, CASE STUDIES AND GROUP PROJECTS, BUSINESS PLAN COMPETITIONS, SPEAKER SERIES, CAREER READINESS PREP, AND INTERNSHIP OPPORTUNITIES. CLASSES ARE CURRENTLY BEING HELD VIRTUALLY WITH PLANS TO RETURN TO IN-PERSON INSTRUCTION AS PUBLIC HEALTH PROTOCOLS ALLOW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FINANCIAL LITERACY SUMMER COHORT OF 20 STUDENTS. VIRTUAL FINANCIAL LITERACY SEMINAR FEATURING COINBASE. SOCIAL MEDIA LIVESTREAM TO THE PUBLIC MONTHLY VIA CLUBHOUSE ON VARIOUS FINANCIAL LITERACY TOPICS. OFFICE HOURS FOR INDIVIDUAL-LEVEL Q&A TO DEEPEN UNDERSTANDING OF VARIOUS FINANCIAL LITERACY TOPICS.
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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