Weachieve Inc

Nonprofit profile at a glance

EIN
520623695
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2021
Location
Silver Spring, MD, USA
Phone
3014453350
Rating
84
Verdict
STRONG
Rating confidence
Standard

Official website

Reported finances

Revenue
$25,534,308
Expenses
$19,989,843
Assets
$27,640,764
Liabilities
$5,003,019

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • MARYLOVE MOY (PRESIDENT)
  • CATHY LYLE (VICE PRESIDENT)
  • DAPHNE PALLOZZI (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • DAPHNE PALLOZZI (CHIEF EXECUTIVE OFFICER): $280,325 total reported compensation
  • TRANG NGUYEN (DIRECTOR OF FINANCE): $157,884 total reported compensation
  • TRAVIS GOLDMAN (DIRECTOR OF RES AND PS): $122,488 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Breaking through barriers for people to contribute, connect and lead lives they choose. Weachieve, inc. Is about creating opportunities for the people we support with their involvement and considering their interests for working, volunteering and how they spend leisure time or their retirement years. We turn exclusion from opportunities into inclusion by finding ways for people to be accepted and accommodated. If someone isn't sure about what interests them, we introduce them to new possibilities and help them have new experiences that develop their interests.

What it reported doing in 2024

Day and community learning service programs - weachieve, inc. Offers day and community learning service options for adults with disabilities throughout montgomery, prince george's, and howard counties in Maryland. Facility-based day programs and community-based community learning service programs offer vocational, training, and habilitation services. Specialized programs for individuals requiring intensive behavioral management and for indivduals with special medical needs are also available. All individual programs have regular community activities. An individual program is designed to meet the needs and interests of each program participant and assessments are made at regular intervals to ensure that these needs continue to be met.

Operating model

Revenue model
Earned-program. 89% of the money available for current operations came from fees and other program revenue.
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. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 90
  • Accountability: 100
  • Sustainability: 66
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 63.9%; rating input score 64
  • Program expense ratio: 83.1%; rating input score 83
  • Fundraising efficiency: $58.86 raised per $1 spent on fundraising; rating input score 78; 78th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • 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; 66th percentile among comparable filings
  • Governance controls: 9 of 9 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: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 21.7%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 1.38; rating input score 48; 48th percentile among comparable filings
  • Liabilities to assets ratio: 0.18; rating input score 61; 61st percentile among comparable filings
  • Officer compensation ratio: 5.1%; rating input score 50; 50th percentile among comparable filings

Growth

  • Program expense growth: 1.4% per year; rating input score 100; 16th percentile among comparable filings
  • Revenue growth: 2.2% per year; rating input score 100; 20th percentile among comparable filings
  • Asset growth: 3.4% per year; rating input score 100; 25th percentile among comparable filings

Details

  • Where the money goes: 63.9% of revenue deployed · 83.1% of spending went to programs
  • Governance: 9 of 9 board members independent · 9 of 9 filing controls reported
  • Programs: 5 filed program accomplishments · $16.6M in reported program spending
  • Leadership: top reported pay $280K · 16 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $1.5M reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
  • Review — Sustainability: Officer compensation ratio scored 50/100.