Wenevada
Legal name: William and Emerald Foundation
Nonprofit profile at a glance
- EIN
- 823806261
- IRS 990 coverage
- 2022–2022
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2022, Form 990-EZ 2020, Form 990-N 2019
- Location
- Las Vegas, NV, USA
- Phone
- 3033564978
- Rating
- 35
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Financial Counseling
Reported finances
- Revenue
- $289,954
- Expenses
- $0
- Assets
- $289,954
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
1 person listed
Executive titles in this filing
- Cassandra Williams (President/CEO)
Highest reported compensation
- Cassandra Williams (President/CEO): $137,852 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide affordable money management solutions, financial literacy education, and support services to individuals, families, and small businesses, strengthening communities through financial stability and wellness.
What it reported doing in 2022
Adult and youth literacy and Money Management Programs and Services
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 90
- Accountability: 21
- Sustainability: 10
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: Limited
- Fundraising efficiency: Limited
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: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- 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: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: 0; rating input score 82; 82nd percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: 32.7% per year; rating input score 100; 93rd percentile among comparable filings
- Asset growth: 32.2% per year; rating input score 100; 91st percentile among comparable filings
Details
- What they do: 3 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 0% of revenue deployed
- Governance: 0 of 1 board members independent · 4 of 8 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $138K · 1 people listed
- Highest-paid contractors: 1 contractor listed · $138K reported
- Consistency: 14 of 14 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Accountability: Independent voting board scored 0/100.
- Review — Accountability: Governance controls: 4 of 8 not reported.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.