The Wily Network Inc
- Assets
- $4.5m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 17
- Location
- West Roxbury, MA
- Founding
- 04/2015
- Data as of
- 12/2021
- EIN
- 47-2434992
Organization Overview
The Wily Network Inc is located in West Roxbury, MA. The organization was established in 2015. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 12/2021, Wily Network Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wily Network Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Wily Network Inc generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 73.3% each year . All expenses for the organization totaled $1.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENSURE OUR SCHOLARS HAVE THE TOOLS AND NETWORKS NECESSARY TO THRIVE IN FOUR-YEAR RESIDENTIAL COLLEGES.TO EMPOWER OUR SCHOLARS TO TRANSITION SUCCESSFULLY INTO POST-COLLEGE LIFE AND BECOME VIBRANT MEMBERS OF THEIR COMMUNITIES.THE WILY NETWORK PROVIDES A CRITICAL SAFETY NET FOR THESE SCHOLARS AS THEY NAVIGATE COLLEGE ON THEIR OWN. THE WILY PROGRAM OFFERS WEEKLY CLINICAL COACHING, FINANCIAL ASSISTANCE, COMMUNITY-BUILDING SUPPORT, AND NETWORKING OPPORTUNITIES TO HELP THEM MOVE FROM SURVIVING TO THRIVING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WILY NETWORK EMPLOYS ONE-ON-ONE COACHING, TUTORING, GROUP PROGRAMMING, AND NETWORKING TO SUPPORT STUDENTS AS THEY:- TRANSITION TO COLLEGE- NAVIGATE ALL STAGES OF COLLEGE LIFE THROUGH GRANDUATION- IDENTIFY AND SECURE YEAR-ROUND HOUSING- ADDRESS ANY HEALTH AND FOOD SECURITY ISSUES DURING COLLEGE- BUILD THEIR COMMUNITY.THE WILY NETWORK PROVIDES:- ON-CAMPUS COACHING AND PROGRAMMING- COMMUNITY-BUILDING AND NETWORKING OPPORTUNITIES- ON CALL SUPPORT 24 HOURS A DAY, 7 DAYS A WEEK- SUPPLEMENTAL FINACIAL ASSISTANCE AS DETAILED IN THE WILY NETWORK AGREEMENT
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judith Alperin King Executive Director | OfficerTrustee | 40 | $90,863 |
Katie Bramley Board Chair | OfficerTrustee | 10 | $0 |
Michael Julian Clerk & Director | OfficerTrustee | 4 | $0 |
Allison Polley Hirsch Treasurer & Director | OfficerTrustee | 3 | $0 |
Andrew Rudzinski Director | Trustee | 2 | $0 |
Don Bramley Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $81,382 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,027,392 |
| Noncash contributions included in lines 1a–1f | $103,872 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,108,774 |
| Total Program Service Revenue | $0 |
| Investment income | $576 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $14,439 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,123,789 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $110,608 |
| Compensation of current officers, directors, key employees. | $6,636 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $607,998 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,072 |
| Payroll taxes | $64,185 |
| Fees for services: Management | $60,942 |
| Fees for services: Legal | $500 |
| Fees for services: Accounting | $77,847 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $13,644 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,061 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $271 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $814 |
| Insurance | $6,337 |
| All other expenses | $0 |
| Total functional expenses | $1,451,691 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $474,089 |
| Savings and temporary cash investments | $1,981,722 |
| Pledges and grants receivable | $1,293,780 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,545 |
| Net Land, buildings, and equipment | $11,898 |
| Investments—publicly traded securities | $770,725 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,535,759 |
| Accounts payable and accrued expenses | $58,818 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $58,818 |
| Net assets without donor restrictions | $2,433,103 |
| Net assets with donor restrictions | $2,043,838 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,535,759 |
Grants Recieved
Over the last fiscal year, we have identified 25 grants that The Wily Network Inc has recieved totaling $1,412,993.
| Awarding Organization | Amount |
|---|---|
Daniel E Offutt Iii Charitable Tr Sarasota, FL PURPOSE: TO PROMOTE THE GOALS OF THE ORGANIZATION | $750,000 |
Stephanie H And David A Spina Family Foundation Wayland, MA PURPOSE: COMMUNITY & CHARITABLE | $175,000 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $75,005 |
Ilene Beal Charitable Fdn Weston, MA PURPOSE: PURPOSE DESIGNATED BY THE RECIPIENT | $70,000 |
Wellington Management Foundation Boston, MA PURPOSE: See Part IV | $65,000 |
The Thompson Family Foundation Inc New York, NY PURPOSE: TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTIONS. | $50,000 |
Endowment Analysis
| Earnings | $58 |
| Net Contributions | $750,000 |
| Ending Balance | $750,058 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Morrisville Auxiliary Of State Univ College Of Agricult & Technology Morrisville, NY | $25,329,251 | $17,429,247 |
Faculty Student Association State University College At Fredonia Inc Fredonia, NY | $20,429,854 | $14,962,919 |
The Jain Family Institute New York, NY | $1,266,575 | $5,283,522 |
Brockport Auxilary Service Corporation Brockport, NY | $15,024,153 | $10,683,968 |
Albert Einstein College Of Medicine Staff Housing Company Inc Bronx, NY | $37,908,103 | $6,828,997 |
The Possible Project Inc Boston, MA | $20,628,656 | $12,891,174 |
Bernard M Baruch College Auxiliary Enterprises Corporation New York, NY | $2,835,381 | $7,073,623 |
The Boston Education Development Foundation Inc Roxbury, MA | $14,159,042 | $7,338,660 |
Kimi Nichols Center Plaistow, NH | $2,742,152 | $7,599,619 |
University At Buffalo Student Association Inc Buffalo, NY | $6,243,803 | $4,544,119 |
Handz-On Inc Hartford, CT | $1,667,828 | $5,148,389 |
Empirical Resolution Inc New York, NY | $7,350,506 | $4,345,659 |