Wesley College Inc
Nonprofit profile at a glance
- EIN
- 510064335
- IRS 990-EZ coverage
- 2021–2022
- Forms available
- Form 990 2020, Form 990-EZ 2022
- Location
- Dover, DE, USA
- Phone
- 3027362484
- Rating confidence
- Limited
- Sector
- University or Technological Institute
Reported finances
- Expenses
- $158,325
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
21 people listed
People named in this filing
- WILLIAM J STRICKLAND (CHAIR)
- WILLIAM H WILLIS JR (VICE CHAIR)
- STEPHANIE SMITH CHRISTIANO (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 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Effective 07/01/2021, wesley college ceased operations and all assets and liabilities were transferred to Delaware state university.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 12
- Transparency & Controls: 82
- Sustainability: 10
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 31.2%; rating input score 31
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings
Growth
- Program expense growth: -90.4% per year; rating input score 0; 10th percentile among comparable filings
- Revenue growth: -1.7% per year; rating input score 0; 69th percentile among comparable filings
- Asset growth: -6.5% per year; rating input score 0; 50th percentile among comparable filings
Details
- Where the money goes: 31.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $49K in reported program spending
- Leadership: top reported pay $0 · 21 people listed
- Consistency: 2 of 2 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2021 to 2022
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Financial Efficiency: Program expense ratio scored 31/100.
- High — Sustainability: Total-asset coverage ratio scored 13/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 51/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.