Wecoach INC FY2023 filing

Tax-deductible

Tallahassee, FL501(c)(3)EducationEIN 20-0059540

To provide education services and training to professional women coaches through the development and implementation of training seminars.

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
$150K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $6K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$150K
to officers and key staff · 17% of spending
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 6.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $163K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$44K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$979K
+65% vs prior year
Spent
$867K
To programs
72%
Net assets
$714K
By yearFY2020–FY2024
Revenue
$979K
FY2023▲ +65%
Revenue by fiscal year
FY2020$395K
FY2021$457K
FY2022$594K
FY2023$979K
FY2024$754K
Expenses
$867K
FY2023▲ +69%
Expenses by fiscal year
FY2020$440K
FY2021$429K
FY2022$513K
FY2023$867K
FY2024$959K
Net assets
$714K
FY2023▲ +19%
Net assets by fiscal year
FY2020$511K
FY2021$538K
FY2022$601K
FY2023$714K
FY2024$491K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CWecoach INC
EINHdr · item D20-0059540
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMar 2004
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CTallahassee, FL
NTEE classificationIRS BMFEducation (B99)
WebsiteHdr · item Jwww.wecoachsports.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.72 Management & general $0.19 Fundraising $0.08
Program services72%$625K
Management & general19%$168K
Fundraising8%$73K
Total functional expensesLn 25$867K

Financial health

Is it on solid ground?

Program efficiency
72%
of spending reaches programs
Operating runway
8.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+11%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$759K
FY2023▼ -5%
Total assets by fiscal year
FY2020$543K
FY2021$546K
FY2022$798K
FY2023$759K
FY2024$570K
Total liabilities
$44K
FY2023▼ -77%
Total liabilities by fiscal year
FY2020$33K
FY2021$7K
FY2022$197K
FY2023$44K
FY2024$79K
Revenue less expensesPt I · Ln 19$112K
Total assetsPt X · Ln 16$759K
Program-expense ratioPt IX · col B72%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413

Balance Sheet

Part X · end of year
CashLn 1$492K
Total assetsLn 16$759K
Total liabilitiesLn 26$44K
Total net assetsLn 32$714K
Months of cash on handcomputed6.8

Statement of Revenue

Part VIII
Contributions & grants$532K · 54%
Program service revenue$428K · 44%
Investment income$13K · 1%
Other revenue$5K · 1%
Contributions & grants54%$532K
Program service revenue44%$428K
Investment income1%$13K
Other revenue1%$5K
Total revenueLn 12$979K

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $637K · Operating expenses/yr $867K
8.8 months
Where the money goes
Program services
Program services $625K · Total expenses $867K
72%
Management & General
Management & general $168K · Total expenses $867K
19%
Fundraising
Fundraising $73K · Total expenses $867K
8%
Cost to raise $1
Fundraising expense (3-yr avg) $95K · Solicited contributions (3-yr avg) $326K
$0.29 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $532K · Total revenue $979K
54%
Government reliance
Government grants — · Total revenue $979K
—
Earned-income share
Program service revenue $428K · Total revenue $979K
44%
Investment reliance
Investment income $13K · Total revenue $979K
+1%
Program self-sufficiency
Program service revenue $428K · Total expenses $867K
49%
Growth & trend
Revenue growth (YoY)
This year $979K · Prior year $594K
+65%
Net-asset trend (YoY)
End of year $714K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $979K · Expenses $867K
+11%
Liabilities-to-Assets
Total liabilities — · Total assets $759K
—
Net-asset ratio
Net assets $714K · Total assets $759K
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $145K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $759K
19%
People & payroll
Highest Reported Total Compensation
Individual Vanessa Fuchs · Reported title CEO · Highest reported compensation $150K · Total expenses $867K
17%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $382K · Total expenses $867K
44%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 72%——
Overhead ratio 19%——
Fundraising cost ratio 14%——
Revenue growth 65%——
Accounting fee ratio 2%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$149,533Pt VII · Sec A
President
$0Pt VII · Sec A
President-El
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Vanessa Fuchs’s $156K as CEO is at the 96th percentile of top reported officer pay among 1612 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Vanessa Fuchs$155,520$149,533$127,885——
Megan Kahn———$105,515—
Megan Kahn————$105,344

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Wecoach INC executive salaries →

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Governance & Policies

Part VI
  • 13Voting board membersPt VI · Ln 1a
  • 13Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Trains professional women coaches through development and implementation of seminars.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $625K of program spending, described in the organization's own filed words · FY2023.
01

Ncaa women coaches academy & academy 2.0 our academies are multi-day growth & development programs available to collegiate women coaches in all sports, collegiate levels (two-year & four-year colleges, naia, ncaa, etc.), and years experience.

$537Kprogram expense
02

Weamplify women coaches of color initiative wecoach acknowledges the importance and value of including specific programming for women coaches of color in our wecoach community. Weamplify was created to drive change and conversation surrounding social and institutional barriers through both in-person and virtual programs.

$53Kprogram expense
03

Regional workshops these one-day professional growth & leadership development regional workshops are open to current & aspiring women coaches in all sports and levels (youth, club, MIDDLE/HIGH school, two-year & four-year college, etc.).

$35Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$163K
See all 3 funders →

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest $754K$959K-23% 990 PDF
FY2023 Viewing $979K$867K+65% 990 PDF
FY2022 $594K$513K+30% 990 PDF
FY2021 $457K$429K+16% 990 PDF
FY2020 $395K$440K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Full filing: Form 990 for FY2023

Every line we hold from the return, cited to its Part and line.
Part IX · Statement of functional expenses $866,569 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $108,173 · Management $30,907 · Fundraising $15,453$154,533
IX-7 Other salaries and wagesPrograms $134,287 · Management $38,368 · Fundraising $19,184$191,839
IX-9 Other employee benefitsPrograms $6,164 · Management $1,761 · Fundraising $881$8,806
IX-10 Payroll taxesPrograms $19,071 · Management $5,449 · Fundraising $2,724$27,244
IX-11c Accounting feesManagement $20,210$20,210
IX-11g Other fees for servicesPrograms $67,325 · Management $19,236 · Fundraising $9,619$96,180
IX-12 Advertising and promotionPrograms $36,725 · Management $10,493 · Fundraising $5,246$52,464
IX-13 Office expensesPrograms $13,507 · Management $3,859 · Fundraising $1,930$19,296
IX-14 Information technologyPrograms $24,466 · Management $6,990 · Fundraising $3,495$34,951
IX-16 OccupancyPrograms $72,475 · Management $20,707 · Fundraising $10,354$103,536
IX-17 TravelPrograms $57,879 · Fundraising $3,046$60,925
IX-19 Conferences, conventions and meetingsPrograms $6,193 · Fundraising $326$6,519
IX-22 Depreciation, depletion and amortizationPrograms $495 · Management $141 · Fundraising $71$707
IX-23 InsurancePrograms $1,786 · Management $510 · Fundraising $255$2,551
IX-24 Other expenses (24a–d)Programs $76,372 · Management $9,842 · Fundraising $594$86,808
IX-25 Total functional expensesPrograms $624,918 · Management $168,473 · Fundraising $73,178$866,569

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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