Wealthygen
- Assets
- $22.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hyattsville, MD
- Founding
- 06/2018
- Data as of
- 12/2022
- EIN
- 83-0585297
Organization Overview
Wealthygen is located in Hyattsville, MD. The organization was established in 2018. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wealthygen 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 12/2022, Wealthygen generated $53.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (14.8%) each year. All expenses for the organization totaled $62.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charity Ezenwa-Onuaku President | 0 | $2,750 | |
Anthony Onuaku Vice President | 0 | $0 | |
Kennisha Firstley Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,856 |
| Total Program Service Revenue | $12,356 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $105 |
| Total Revenue | $53,177 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,967 |
| Professional fees and other payments to independent contractors | $17,493 |
| Occupancy, rent, utilities, and maintenance | $602 |
| Printing, publications, postage, and shipping | $2,550 |
| Other expenses | $16,812 |
| Total expenses | $61,974 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,684 |
| Other assets | $0 |
| Total assets | $22,759 |
| Total liabilities | $6,245 |
| Net assets or fund balances | $16,514 |
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