Whenwelove EIN 46-5013398 Form 990 (PDF) Claim this org

Whenwelove

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Helps people experiencing poverty regain dignity by providing essential support and guidance. For fiscal year 2024 it reported $639K in revenue, $750K in expenses, and $-33K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Fort Worth, TX
Filings
5 on file (2020–2024)
Revenue
$639KFY2024
Expenses
$750K
Net assets
$-33K
People
11
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-5013398 Public charity (501(c)(3)) Fort Worth, TX
Form 990 (PDF)
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Size
$100K–1M
What they do
Helps people experiencing poverty regain dignity by providing essential support and guidance.
Leadership
Gary Wilkerson · Executive Director · $62K
Money in and out
$639K revenue, $750K expenses
Bottom line
95% program efficiency
Where the money goes · FY2024
Total revenue
$639K
Pt VIII · Ln 12
Total expenses
$750K
Pt IX · Ln 25
Net assets
$-33K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$111K
Where spending went · Part IX cols B–D
Program services $0.95 Management & general $0.04 Fundraising $0.01
Program efficiency
95%
of spending reaches programs+0.2% vs prior filing year
Operating runway
0.5mo
months of highly liquid reserves at operating expense rate▼ -86% vs prior filing year
Surplus margin
-17%
revenue over expenses, this year▼ -189% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$639K
FY2024+0.2%
Expenses
$750K
FY2024▲ +46%
Total assets
$1.2M
FY2024▼ -11%
Total liabilities
$1.2M
FY2024▼ -3%
Total revenue
$639K
Pt VIII · Ln 12
Total expenses
$750K
Pt IX · Ln 25
Net assets
$-33K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$111K
Total assetsPt X · Ln 16$1.2M
Program-expense ratioPt IX · col B95%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWhenwelove
EINHdr · item D46-5013398
Principal addressHdr · item CFort Worth, TX
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P60)
Ruling yearIRS BMFJan 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$62,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Consumer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Gary Wilkerson’s $62K as Executive Director is at the 51st percentile of top reported officer pay among 2168 $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.

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Mission & Programs · Part III

Where the work happens

3 program services account for $629K of program spending, described in the organization's own filed words · FY2024.
01

Homeless Outreach

9,380 people experiencing and/or recovering from homelessness were served. 141 people were assisted in gaining housing. Emergency shelter was provided for 2,180 families representing 7,798 bed night stays. Cold emergency shelter was provided for 2,213 perons and their pets.

$336Kprogram expense
02

Family Outreach

763 families received furniture/household goods. 150 individuals/families received food baskets for Thanksgiving. 207 families representing 541 children recieved Christmas Assistance. 212 families received emergency financial assistance/homeless prevention/ rent assistance. 890 men/women/children received winter coats.

$252Kprogram expense
03

Transportation Assistance

Asssitance was provided with 861 bus passes and 119 fuel gift cards to assit people looking for employment and to make important appointments such as job interviews. 37 Families received car repair and 64 people received car payment assistance. 5 Families received vehicles through the Rides For Hope Program.

$40Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$626K · 98%
Other revenue$13K · 2%
Contributions & grants98%$626K
Other revenue2%$13K
Investment income$8
— government grantsLn 1e$349K
Total revenueLn 12$639K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.95 Management & general $0.04 Fundraising $0.01
Program services95%$714K
Management & general4%$29K
Fundraising1%$7K
Total functional expensesLn 25$750K

Balance Sheet

Part X · end of year
CashLn 1$29K
Total assetsLn 16$1.2M
Total liabilitiesLn 26$1.2M
Total net assetsLn 32$-33K
Months of cash on handcomputed0.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $29K · Operating expenses/yr $750K
0.5 months
Where the money goes
Program services
Program services $714K · Total expenses $750K
95%
Management & General
Management & general $29K · Total expenses $750K
4%
Fundraising
Fundraising $7K · Total expenses $750K
1.0%
Cost to raise $1
Fundraising expense (3-yr avg) $5K · Solicited contributions (3-yr avg) $277K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $626K · Total revenue $639K
98%
Government reliance
Government grants $349K · Total revenue $639K
55%
Earned-income share
Program service revenue $0 · Total revenue $639K
0%
Investment reliance
Investment income $8 · Total revenue $639K
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $750K
0%
Growth & trend
Revenue growth (YoY)
This year $639K · Prior year $638K
+0.2%
Revenue CAGR
FY2020 $193K · FY2024 $639K
+35%
Net-asset trend (YoY)
End of year $-33K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $639K · Expenses $750K
-17%
Liabilities-to-Assets
Total liabilities — · Total assets $1.2M
Net-asset ratio
Net assets $-33K · Total assets $1.2M
-3%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.2M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Gary Wilkerson · Reported title Executive Director · Highest reported compensation $62K · Total expenses $750K
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $71K · Total expenses $750K
9%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 95%
Overhead ratio 4%
Fundraising cost ratio 1%
Revenue growth 0.2%
Accounting fee ratio 0.1%

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 · funders on record
Grants received · FY2024
See all 7 funders →

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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)$639K revenue · viewing · ⤓ 990 PDF
FY2023$638K revenue · ⤓ 990 PDF
FY2022$356K revenue · ⤓ 990 PDF
FY2021$241K revenue · ⤓ 990 PDF
FY2020$193K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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