Charles H Wesley Education Foundation
Nonprofit profile at a glance
- EIN
- 582455878
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2018
- Location
- Decatur, GA, USA
- Phone
- 6787870205
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $125,491
- Expenses
- $143,174
- Assets
- $120,467
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Dr Traron Moore (President)
- Mark Brooks (Vice President)
People named in this filing
- Dr Traron Moore (President)
- Mark Brooks (Vice President)
- Kenneth Palmer (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Empower Metro Atlanta youth through educational activities and enrichments.
What it reported doing in 2024
Charles H Wesley Education Foundation awarded $41K in scholarships to individuals, funding to support educational enrichments and grants to other non-profits that support our mission. The educational enrichments cover life skills, standardized test preparation and programs focusing on STEM.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 59% for direct work, and 41% for grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 82
- Sustainability: 38
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.1%; rating input score 81
- Program expense ratio: 71.1%; rating input score 71
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -14.1%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 0.84; rating input score 54; 54th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 31.6% per year; rating input score 100; 85th percentile among comparable filings
- Revenue growth: 15% per year; rating input score 100; 77th percentile among comparable filings
- Asset growth: -0.4% per year; rating input score 0; 26th percentile among comparable filings
Details
- Where the money goes: 81.1% of revenue deployed · 71.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $102K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 12/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 54/100.