Wheeling Forward INC EIN 45-4045474

Wheeling Forward INC FY2021 filing

Not yet claimed Claim this org →

Empowers disabled individuals with resources for education, jobs, health, housing, and personal fulfillment. For fiscal year 2021 it reported $163K in revenue, $290K in expenses, and $-88K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Brooklyn, NY
Website
www.wheelingforward.org
Filings
7 on file (2018–2021)
Revenue
$163KFY2021
Expenses
$290K
Net assets
$-88K
People
4
Filings
7
Updates
0
More identity details & actions ⌄
EIN  45-4045474 Public charity (501(c)(3)) Brooklyn, NY
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Wheeling Forward INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Empowers disabled individuals with resources for education, jobs, health, housing, and personal fulfillment.
Leadership
Alexander Elegudin · President · $34K
Money in and out
$163K revenue, $290K expenses
Bottom line
80% program efficiency
Where the money goes · FY2021
Total revenue
$163K
Pt VIII · Ln 12
Total expenses
$290K
Pt IX · Ln 25
Net assets
$-88K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$127K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.14 Fundraising $0.06
Program efficiency
80%
of spending reaches programs
Operating runway
3.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-78%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$163K
FY2021▼ -56%
Expenses
$290K
FY2021▼ -26%
Total assets
$150K
FY2021▼ -56%
Total liabilities
$238K
FY2021▼ -12%
Total revenue
$163K
Pt VIII · Ln 12
Total expenses
$290K
Pt IX · Ln 25
Net assets
$-88K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$127K
Total assetsPt X · Ln 16$150K
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

3 program services account for $233K of program spending, described in the organization's own filed words · FY2021.
01

Other programs providing guidance and resources to disabled individuals.

$177Kprogram expense
02

Adaptive Sporting Program

Introduces individuals with disabilities to adaptive sports and helps them to gain confidence and live healthy fit lifestyles. Wheeling forward's adaptive sporting clinics show people that they can defy the limits of their disability. Past events have included sports like snow skiing, skydiving, scuba diving, surfing, and waterskiing.

$45Kprogram expense
03

Wheelchair Giving Program

Through their wheelchair giving program, wheeling forward aims to empower individuals with disabilities to achieve their goals by providing them the freedom and mobility to improve their quality of life. Since inception, the program has delivered over 500 wheelchairs to those in need.

$12Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWheeling Forward INC
EINHdr · item D45-4045474
Principal addressHdr · item CBrooklyn, NY
WebsiteHdr · item Jwww.wheelingforward.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFFeb 2012

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$34,500Pt VII · Sec A
$10,500Pt VII · Sec A
$10,100Pt VII · Sec A
$3,500Pt VII · Sec A

Alexander Elegudin’s $20K as President is at the 11th percentile of top reported officer pay among 2165 $100K–1M human services 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 · 6 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020FY2018
Alexander Elegudin$20,000$18,000$18,000$34,500$4,500
Lawrence Harding$18,500$18,000$3,900$10,500
Sharifa Abu-Hamda$6,000$5,100$10,100$4,500
Sarifa Abu-Hamda$7,000
Yannick Benjamin$3,500
Alex Elegudin$3,300

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 Wheeling Forward INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants$141K · 87%
Other revenue$19K · 12%
Program service revenue$2K · 1%
Contributions & grants87%$141K
Other revenue12%$19K
Program service revenue1%$2K
Total revenueLn 12$163K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.14 Fundraising $0.06
Program services80%$233K
Management & general14%$40K
Fundraising6%$17K
Total functional expensesLn 25$290K

Balance Sheet

Part X · end of year
CashLn 1$83K
Total assetsLn 16$150K
Total liabilitiesLn 26$238K
Total net assetsLn 32$-88K
Months of cash on handcomputed3.4

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $83K · Operating expenses/yr $290K
3.4 months
Where the money goes
Program services
Program services $233K · Total expenses $290K
80%
Management & General
Management & general $40K · Total expenses $290K
14%
Fundraising
Fundraising $17K · Total expenses $290K
6%
Cost to raise $1
Fundraising expense (3-yr avg) $49K · Solicited contributions (3-yr avg) $228K
$0.22 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $141K · Total revenue $163K
87%
Government reliance
Government grants — · Total revenue $163K
Earned-income share
Program service revenue $2K · Total revenue $163K
1%
Investment reliance
Investment income $0 · Total revenue $163K
0%
Program self-sufficiency
Program service revenue $2K · Total expenses $290K
0.7%
Growth & trend
Revenue growth (YoY)
This year $163K · Prior year $368K
-56%
Net-asset trend (YoY)
End of year $-88K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $163K · Expenses $290K
-78%
Liabilities-to-Assets
Total liabilities — · Total assets $150K
Net-asset ratio
Net assets $-88K · Total assets $150K
-58%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $150K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Alexander Elegudin · Reported title PRESIDENT · Highest reported compensation $34K · Total expenses $290K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $65K · Total expenses $290K
22%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 14%
Fundraising cost ratio 12%
Revenue growth -56%
Legal fee ratio 2%
Accounting fee ratio 3%

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.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 5 funders →
Grants paid · 16 grants · $189K · 2018–2022
Unitemized GrantFY2022$10,400
Wine on Wheels INCNY · FY2021$75,000
Unitemized GrantFY2020$12,800
Unitemized GrantFY2020$12,800
Unitemized GrantFY2020$1,973
Unitemized GrantFY2020$1,973
Unitemized GrantFY2020$1,559
Unitemized GrantFY2020$1,559
Unitemized GrantFY2019$13,150
Unitemized GrantFY2019$11,897
Unitemized GrantFY2019$7,332
Unitemized GrantFY2019$2,000
Unitemized GrantFY2018$18,985
Unitemized GrantFY2018$12,708
Unitemized GrantFY2018$4,000
Unitemized GrantFY2018$1,205

Similar Organizations

Closest in mission — by what they do
See all organizations like Wheeling Forward INC →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$203K revenue · ⤓ 990 PDF
FY2023$202K revenue · ⤓ 990 PDF
FY2022$201K revenue · ⤓ 990 PDF
FY2021$163K revenue · viewing · ⤓ 990 PDF
FY2020$368K revenue · ⤓ 990 PDF
FY2019$813K revenue · ⤓ 990 PDF
FY2018$702K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.