Wealthygen Inc
Nonprofit profile at a glance
- EIN
- 830585297
- IRS 990-EZ coverage
- 2021–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2020
- Location
- Hyattsville, MD, USA
- Phone
- 3012328384
- Rating
- 40
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $2,966
- Expenses
- $5,650
- Assets
- $6,626
- Liabilities
- $7,327
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Charity Ezenwa-Onuaku (President)
- Anthony Onuaku (Vice President)
People named in this filing
- Charity Ezenwa-Onuaku (President)
- Anthony Onuaku (Vice President)
- Kennisha Firstley (Secretary)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Financial Empowerment for Women & Youth
What it reported doing in 2025
WealthyGen implemented free financial education workshops, Tax education and prepared taxes for low income earners in our community
Operating model
- Revenue model
- Donor-supported. 67% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 56% for direct work, and 44% for member benefits.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 12
- Transparency & Controls: 82
- Sustainability: 26
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 15.2%; rating input score 15
- Program expense ratio: 8%; rating input score 8
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -90.5%; rating input score 8; 8th percentile among comparable filings
- Total-asset coverage ratio: 1.17; rating input score 52; 52nd percentile among comparable filings
- Liabilities to assets ratio: 1.11; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -27.1% per year; rating input score 0; 15th percentile among comparable filings
- Revenue growth: -36.4% per year; rating input score 0; 9th percentile among comparable filings
- Asset growth: -28.2% per year; rating input score 0; 8th percentile among comparable filings
Details
- Where the money goes: 15.2% of revenue deployed · 8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $450 in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2021 to 2025
- 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 — Financial Efficiency: Mission deployment rate scored 15/100.
- High — Financial Efficiency: Program expense ratio scored 8/100.
- High — Sustainability: Operating margin scored 8/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 52/100.
- High — Sustainability: Liabilities to assets ratio scored 4/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.