Phyllis Wheatley Community Center Inc
Nonprofit profile at a glance
- EIN
- 410706132
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Minneapolis, MN, USA
- Phone
- 6123744342
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $2,533,119
- Expenses
- $2,970,932
- Assets
- $3,193,352
- Liabilities
- $628,943
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- Valerie Stevenson (Interim Executive Director)
Highest reported compensation
- Valerie Stevenson (Interim Executive Director): $91,139 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Create pathways for individuals to discover their strengths and take control of their futures.
What it reported doing in 2024
Youth Programming: Be@School - Year-round activities, during and after school and during the summer months provide school-age children and youth with stable, positive role models and mentors who build and reinforce academic and life skills by providing mentorship and working with families to address a child's trouble areas at school. The programs focus on strengthening family and community to accelerate kids' learning, build developmental assets, promote leadership skills, divert them from engaging in high-risk activities, and work with low-performing students to get them back on track. Our youth programs include Be@School, our truancy diversion partnership with Minneapolis Public Schools and Hennepin County; RISE: Building Bridges Through Basketball, which gives youth and teens a safe space to have important conversations and learn about themselves while creating a dialogue between Black youth and police officers; our early childhood development center; and our newest project which will restore the 100-acre camp that was donated to PWCC in 1956 to serve as a place for our inner city kids to experience the numerous benefits of spending time outdoors.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 28
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.3%; rating input score 85
- Program expense ratio: 72.7%; rating input score 73
- Fundraising efficiency: $5.65 raised per $1 spent on fundraising; rating input score 20; 20th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -17.3%; rating input score 8; 8th percentile among comparable filings
- Total-asset coverage ratio: 1.07; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 0.2; rating input score 44; 44th percentile among comparable filings
- Officer compensation ratio: 3.1%; rating input score 68; 68th percentile among comparable filings
Growth
- Program expense growth: 6.3% per year; rating input score 100; 47th percentile among comparable filings
- Revenue growth: 3.1% per year; rating input score 100; 27th percentile among comparable filings
- Asset growth: 4.4% per year; rating input score 100; 31st percentile among comparable filings
Details
- Where the money goes: 85.3% of revenue deployed · 72.7% of spending went to programs
- Governance: 11 of 11 board members independent · 8 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $2.2M in reported program spending
- Leadership: top reported pay $91K · 12 people listed
- Consistency: 35 of 35 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 8 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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 — Financial Efficiency: Fundraising efficiency scored 20/100.
- High — Sustainability: Operating margin scored 8/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 44/100.