Weachieve INC FY2021 filing

Tax-deductible

Silver Spring, MD501(c)(3)Since 1948EIN 52-0623695

Breaking through barriers for people to contribute, connect and lead lives they choose. Weachieve, INC. Is about creating opportunities for the people we support with their involvement and considering their interests for working, volunteering and how they spend leisure time or their retirement years. We turn exclusion from opportunities into inclusion by finding ways for people to be accepted and accommodated. If someone isn't sure about what interests them, we introduce them to new possibilities and help them have new experiences that develop their interests.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
$431K 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

FY2021 · 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
5 of 5
filings with a surplus
Average surplus $2.4M a year · 14% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$431K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $96K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$5.0M
33% of total assets
Looks good: liabilities are 33% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 16 voting members
Looks good: 16 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$16.6M
+4% vs prior year
Spent
$12.4M
To programs
89%
Net assets
$10.0M
By yearFY2020–FY2024
Revenue
$16.6M
FY2021▲ +4%
Revenue by fiscal year
FY2020$16.1M
FY2021$16.6M
FY2022$16.2M
FY2023$17.3M
FY2024$18.2M
FY2024$25.5M
Expenses
$12.4M
FY2021▼ -15%
Expenses by fiscal year
FY2020$14.6M
FY2021$12.4M
FY2022$13.0M
FY2023$14.6M
FY2024$17.5M
FY2024$20.0M
Net assets
$10.0M
FY2021▲ +73%
Net assets by fiscal year
FY2020$5.8M
FY2021$10.0M
FY2022$13.2M
FY2023$15.8M
FY2024$17.0M
FY2024$22.6M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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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 CWeachieve INC
EINHdr · item D52-0623695
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFOct 1963
Year of formationHdr · item L1948
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CSilver Spring, MD
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwww.weachieve.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 $0.89 Management & general $0.11 Fundraising $0.00
Program services89%$11.0M
Management & general11%$1.4M
Fundraising$2K
Total functional expensesLn 25$12.4M

Financial health

Is it on solid ground?

Program efficiency
89%
of spending reaches programs
Operating runway
5.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+26%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$15.0M
FY2021▲ +31%
Total assets by fiscal year
FY2020$11.4M
FY2021$15.0M
FY2022$16.9M
FY2023$24.4M
FY2024$23.5M
FY2024$27.6M
Total liabilities
$5.0M
FY2021▼ -11%
Total liabilities by fiscal year
FY2020$5.6M
FY2021$5.0M
FY2022$3.7M
FY2023$8.5M
FY2024$6.4M
FY2024$5.0M
Revenue less expensesPt I · Ln 19$4.3M
Total assetsPt X · Ln 16$15.0M
Program-expense ratioPt IX · col B89%
Voting members of governing bodyPt I · Ln 316
Independent voting membersPt I · Ln 416

Balance Sheet

Part X · end of year
CashLn 1$5.6M
Total assetsLn 16$15.0M
Total liabilitiesLn 26$5.0M
Total net assetsLn 32$10.0M
Months of cash on handcomputed5.4

Statement of Revenue

Part VIII
Program service revenue$14.6M · 88%
Contributions & grants$1.9M · 11%
Other revenue$157K · 1%
Program service revenue88%$14.6M
Contributions & grants11%$1.9M
Other revenue1%$157K
Investment income$5K
— government grantsLn 1e$659K
Total revenueLn 12$16.6M

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $5.6M · Operating expenses/yr $12.4M
5.5 months
Where the money goes
Program services
Program services $11.0M · Total expenses $12.4M
89%
Management & General
Management & general $1.4M · Total expenses $12.4M
11%
Fundraising
Fundraising $2K · Total expenses $12.4M
0.01%
Cost to raise $1
Fundraising expense (2-yr avg) $826 · Solicited contributions (2-yr avg) $666K
$0.00 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.9M · Total revenue $16.6M
11%
Government reliance
Government grants $659K · Total revenue $16.6M
4%
Earned-income share
Program service revenue $14.6M · Total revenue $16.6M
88%
Investment reliance
Investment income $5K · Total revenue $16.6M
+0.03%
Program self-sufficiency
Program service revenue $14.6M · Total expenses $12.4M
118%
Growth & trend
Revenue growth (YoY)
This year $16.6M · Prior year $16.1M
+4%
Net-asset trend (YoY)
End of year $10.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $16.6M · Expenses $12.4M
+26%
Liabilities-to-Assets
Total liabilities — · Total assets $15.0M
—
Net-asset ratio
Net assets $10.0M · Total assets $15.0M
67%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $34K · Total assets (Pt X, ln 16) $15.0M
0.2%
People & payroll
Highest Reported Total Compensation
Individual Daphne Pallozzi · Reported title CHIEF EXECUTIVE OFFICER · Highest reported compensation $210K · Total expenses $12.4M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $9.4M · Total expenses $12.4M
76%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 89%——
Overhead ratio 11%——
Fundraising cost ratio 0.09%——
Revenue growth 4%——
Legal fee ratio 0.03%——
Accounting fee ratio 0.6%——

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 · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Chief Executive Officer
$209,819Pt VII · Sec A
Director of Human Resources
$111,444Pt VII · Sec A
Director of Finance
$109,538Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Daphne Pallozzi$267,846$251,583$287,673$230,225$209,819$220,190
Trang Nguyen$156,737$137,642$122,363$123,435$109,538$98,544
Shaunre Clendinen$117,463$124,649————
Travis Goldman$122,488$117,659————
Rasheedat Olaitan$120,950—————
Gregory Reeves———$119,893$111,444—
Allieu Turay$113,662—————
Charlie Im—$113,398————

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.

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Governance & Policies

Part VI
  • 16Voting board membersPt VI · Ln 1a
  • 16Independent 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 2Yes

Mission and programs

What it does.

Supports individuals with intellectual and developmental disabilities to live, work, and engage in their communities.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $10.6M of program spending, described in the organization's own filed words · FY2020.
01

Residential Services

Chi centers recognizes the need to offer a broad spectrum of residentail services to adults with disabilites. Alternative living units (alus) provide housing in a residential setting for one to three individuals and group homes provide a residence for four individuals.

$7.7Mprogram expense
02

Supported Employment

The chi employment services provides businesses with a pool of qualified services to the community, government and businesses in washington and baltimore region. Chi centers has employees who are skilled and knowledgeable in numerous human resources issues.

$1.8Mprogram expense
03

Day Programs

Chi centers offers day services and employment options for adults with disabilities throughout montgomery, prince george's, and howard counties. Facility-based day programs offer vocational training, supported employment, and habilitation services.

$1.1Mprogram 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
See all 3 funders →

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 $18.2M$17.5M+5% 990 PDF
FY2023 $17.3M$14.6M+7% 990 PDF
FY2022 $16.2M$13.0M-3% 990 PDF
FY2021 Viewing $16.6M$12.4M+4% 990 PDF
FY2020 $16.1M$14.6M 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 FY2021

Every line we hold from the return, cited to its Part and line.
Part IX · Statement of functional expenses $12,380,954 across 17 lines filed
IX-5 Pay of current officers, directors and key staffManagement $339,943$339,943
IX-7 Other salaries and wagesPrograms $6,988,425 · Management $510,452$7,498,877
IX-9 Other employee benefitsPrograms $882,183 · Management $81,130$963,313
IX-10 Payroll taxesPrograms $511,808 · Management $67,484$579,292
IX-11b Legal feesPrograms $1,463 · Management $1,742$3,205
IX-11c Accounting feesPrograms $74,946 · Management $673$75,619
IX-11g Other fees for servicesPrograms $380,871 · Management $50,780$431,651
IX-12 Advertising and promotionPrograms $15,658 · Management $220$15,878
IX-14 Information technologyPrograms $82,022 · Management $4,103$86,125
IX-16 OccupancyPrograms $323,396 · Management $67,907$391,303
IX-17 TravelPrograms $166,293 · Management $5,360$171,653
IX-19 Conferences, conventions and meetingsPrograms $38,453 · Management $24,328 · Fundraising $490$63,271
IX-20 InterestPrograms $136,389 · Management $507$136,896
IX-22 Depreciation, depletion and amortizationPrograms $218,090 · Management $148,336 · Fundraising $10$366,436
IX-23 InsurancePrograms $236,783 · Management $2,148$238,931
IX-24 Other expenses (24a–d)Programs $908,599 · Management $80,221 · Fundraising $1,151$989,971
IX-24e All other expensesPrograms $28,590$28,590
IX-25 Total functional expensesPrograms $10,993,969 · Management $1,385,334 · Fundraising $1,651$12,380,954

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) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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