Wheatstone Academy INC: FY2020 Nonprofit Profile & Form 990 (EIN 20-4970676)

Revenue by fiscal year
FY2020	$231K
FY2021	$360
FY2022	$3K
FY2023	$20

Expenses by fiscal year
FY2020	$223K
FY2021	$12K
FY2022	$4K
FY2023	$5K

Net assets by fiscal year
FY2020	$23K
FY2021	$11K
FY2022	$10K
FY2023	$0

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

68 cents of each dollar spent went to programs.

68%

22%

Program services 68% · $152K Management & general 22% · $49K Fundraising 10% · $22K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

4 people listed on the 990; $62K paid to officers and key staff.

Part VII, Section A · reportable compensation

Peter Gross

Director

$62,212Pt VII · Sec A

Dana Kiley

Secretary

$0Pt VII · Sec A

Mike Kiley

President

$0Pt VII · Sec A

John Siefker

Vice Preside

$0Pt VII · Sec A

See Wheatstone Academy INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Helps youth transition to mature Christian faith through events and resources.

Questions for Wheatstone Academy INC

Tap to ask. Wheatstone Academy INC sees how many people are interested.

Your first name shows with your question. Wheatstone Academy INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $152K · in their own filed words · FY2020

01

Challenged and equipped christian students for a lifestyle of passionate learning for the sake of jesus christ and passionate living for his gospel.

$152Kprogram expense

By the numbers

The FY2020 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$231K

Ln 12

Gifts and grantsLn 1h$223K

Fees for servicesLn 2g$9K

Money outPt IX

$223K

Ln 25

Programscol B$152K

Managementcol C$49K

Fundraisingcol D$22K

Owns and owesPt X

$23K

net assets · Ln 32

Cash and savingsLn 1–2$23K

Total assetsLn 16$23K

LiabilitiesLn 26$0

PeoplePt VI, VII

4

listed · VII A

PaidVII A1

Voting boardVI 1a4

IndependentVI 1b4

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$223K

Fees for servicesLn 2g$9K

Gains on assetsLn 7−$1K

Total revenueLn 12$231K

Assets in detailPt X, end of year

CashLn 1$21K

SavingsLn 2$2K

Cash and savings togetherLn 1–2$23K

Total assetsLn 16$23K

LiabilitiesLn 26$0

Net assetsLn 32$23K

OperationsPt I, VI

EmployeesI 59

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY20	End FY20
Cash and savingsLn 1–2	$20K	$23K
Total assetsLn 16	$21K	$23K
LiabilitiesLn 26	$6K	$0
Net assetsLn 32	$14K	$23K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Pay of current officers, directors and key staffLn 5	$62K	$42K	$14K	$6K
Other salaries and wagesLn 7	$77K	$52K	$17K	$8K
Other employee benefitsLn 9	$8K	$6K	$2K	$830
Payroll taxesLn 10	$11K	$8K	$2K	$1K
Accounting feesLn 11c	$1K	$850	$275	$125
Other fees for servicesLn 11g	$4K	$3K	$989	$450
Advertising and promotionLn 12	$76	$51	$17	$8
Office expensesLn 13	$4K	$3K	$933	$425
OccupancyLn 16	$16K	$11K	$4K	$2K
Conferences, conventions and meetingsLn 19	$1K	$698	$226	$103
InsuranceLn 23	$2K	$2K	$533	$242
Other expenses (24a–d)Ln 24	$35K	$24K	$8K	$3K
Total functional expensesLn 25	$223K	$152K	$49K	$22K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2023 Latest	$20	$5K	−$5K	$0	990 PDF
FY2022	$3K	$4K	−$428	$10K	990 PDF
FY2021	$360	$12K	−$12K	$11K	990 PDF
FY2020 Viewing	$231K	$223K	$8K	$23K	990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations

See the full FY2020 990 (6 parts)

Part I · Summary $231,325 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $206,198$222,987

I-9 Program service revenuePrior year $60,862$9,416

I-10 Investment income−$1,078

I-11 Other revenue$0

I-12 Total revenuePrior year $267,060$231,325

I-13 Grants and similar amounts paid$0

I-14 Benefits paid to members$0

I-15 Salaries and benefitsPrior year $160,186$158,517

I-16a Professional fundraising fees$0

I-17 Other expensesPrior year $121,791$64,415

I-18 Total expensesPrior year $281,977$222,932

I-19 Revenue less expensesPrior year −$14,917$8,393

Part VI · Governance 4 of 4 board members independent, no flags

VI-1a Voting members of the governing body4

VI-1b Independent voting members4

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

VI-15a Process for setting top official's payYes

Part VIII · Statement of revenue $231,325 across 5 lines filed

VIII-1f All other contributions, gifts and grants$222,987

VIII-1h Total contributions, gifts and grants$222,987

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $9,416$9,416

VIII-7 Net gain or loss on sales of assetsRelated to mission −$1,078−$1,078

VIII-12 Total revenueRelated to mission $8,338$231,325

Part IX · Statement of functional expenses $222,932 across 12 lines filed

IX-5 Pay of current officers, directors and key staffPrograms $42,304 · Management $13,693 · Fundraising $6,221$62,218

IX-7 Other salaries and wagesPrograms $52,272 · Management $16,911 · Fundraising $7,687$76,870

IX-9 Other employee benefitsPrograms $5,646 · Management $1,827 · Fundraising $830$8,303

IX-10 Payroll taxesPrograms $7,565 · Management $2,448 · Fundraising $1,113$11,126

IX-11c Accounting feesPrograms $850 · Management $275 · Fundraising $125$1,250

IX-11g Other fees for servicesPrograms $3,056 · Management $989 · Fundraising $450$4,495

IX-12 Advertising and promotionPrograms $51 · Management $17 · Fundraising $8$76

IX-13 Office expensesPrograms $2,883 · Management $933 · Fundraising $425$4,241

IX-16 OccupancyPrograms $10,848 · Management $3,510 · Fundraising $1,595$15,953

IX-19 Conferences, conventions and meetingsPrograms $698 · Management $226 · Fundraising $103$1,027

IX-23 InsurancePrograms $1,648 · Management $533 · Fundraising $242$2,423

IX-24 Other expenses (24a–d)Programs $23,766 · Management $7,689 · Fundraising $3,495$34,950

IX-25 Total functional expensesPrograms $151,587 · Management $49,051 · Fundraising $22,294$222,932

Part X · Balance sheet $22,823 assets, 6 lines filed

X-1 Cash, non-interest-bearingStart of year $17,842$20,921

X-2 Savings and temporary cash investmentsStart of year $1,702$1,902

X-16 Total assetsStart of year $20,644$22,823

X-26 Total liabilitiesStart of year $6,214$0

X-32 Total net assets or fund balancesStart of year $14,430$22,823

X-33 Total liabilities and net assetsStart of year $20,644$22,823

Part XI · Reconciliation of net assets $22,823 net assets at year end

XI-1 Total revenue$231,325

XI-2 Total expenses$222,932

XI-3 Revenue less expenses$8,393

XI-4 Net assets at start of year$14,430

XI-10 Net assets at end of year$22,823

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

Wheatstone Academy INC FY2020 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Wheatstone Academy INC

By the numbers

Filing history

Schedules filed Part IV