Totals
- Total revenue
- $406,410
- Total expenses
- $402,603
- Contributions and grants received
- $204,910
- Grants paid
- $0
- Program service revenue
- $201,500
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $200,337
- Total liabilities, end of year
- $5,250
- Net assets or fund balances, end of year
- $195,087
- Program services expenses (Part IX)
- $188,399
- Management and general expenses
- $213,169
- Fundraising expenses
- $1,035
- Program service expenses (Part III)
- $188,399
Program services were 46.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$60,000
-
1f · All other contributions, gifts and grants
$144,910
-
2a · Program service revenue: PG COUNTY PUBLIC SCHOOLS
total $179,000 · related or exempt $179,000
-
2b · Program service revenue: DDC EDUCATION FUND
total $22,500 · related or exempt $22,500
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $112,900 · program services $56,450 · management and general $56,450
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $100,029 · program services $92,000 · management and general $8,029
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $15,675 · management and general $15,675
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $5,420 · management and general $5,420
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $1,035 · fundraising $1,035
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $98,783 · program services $13,729 · management and general $85,054
-
12 · Advertising and promotion
total $1,807 · management and general $1,807
-
13 · Office expenses
total $10,733 · management and general $10,733
-
14 · Information technology
total $6,772 · management and general $6,772
-
15 · Royalties
total $0
-
16 · Occupancy
total $6,106 · management and general $6,106
-
17 · Travel
total $1,984 · management and general $1,984
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $27,983 · program services $26,220 · management and general $1,763
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $4,976 · management and general $4,976
-
24a · Other expenses: SCHOLARSHIPS AWARDS
total $8,400 · management and general $8,400
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $152,029 · end of year $132,137
-
4 · Accounts receivable
beginning of year $45,000 · end of year $65,000
-
9 · Prepaid expenses and deferred charges
beginning of year $3,200 · end of year $3,200
-
17 · Accounts payable and accrued expenses
beginning of year $8,949 · end of year $5,250
-
27 · Net assets without donor restrictions
beginning of year $191,280 · end of year $195,087
Mission and programs · 2025
Mission
WETATi Academy mission is to educate, empower, and equip low to moderate income youth with the practical financial, entrepreneurial, workforce, and STEM skills needed to achieve long term economic independence. We prepare students to navigate real world challenges confidently in the workforce, pursuing higher education, or launching a business.
Activities or mission (Part I)
Academy, Inc. provides practical entrepreneurship education, financial literacy, workforce development, leadership, and STEM-based programming that equips youth and young adults with skills to succeed in education, careers, and entrepreneurship.
-
Served 949 students through WETATi Academy Practical Entrepreneurship Education programs and related educational activities during 2025. Expanded program by adding courses focused on personal development and leadership, further strengthening students entreprenurial, professional and life skills.
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Ambassador Dr Margaret Dureke
Founder, President, CEO
- Total calculated
- $89,500
- From this org
- $89,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 60
-
Joanna Chambers
Chief Operating Officer
- Total calculated
- $23,500
- From this org
- $23,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Deepa Deshpande MS MBIOT PMP
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Anne Reese Carswell
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Courtney Green-Finklea
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Gabrielle Furr
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Alphonso N Pearson Jr
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Richard Ojuri
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Angela Seay
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Alain Wescott
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Inga Adams
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Jimmie Jones
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
India Brown
Board Member
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 17 September 2026
- IRS schema version
- 2025v4.1
- Source object
- 202632609349300128
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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