Wander Project EIN 83-1778644

Wander Project FY2023 filing

EIN  83-1778644 Public charity (501(c)(3)) Salt Lake Cty, UT
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Supports local communities by inspiring fundraising and service through endurance racing events.
Leadership
Amy Ben-Horin - Outgoing · Executive Di · $77K
Money in and out
$451K revenue, $484K expenses
Bottom line
93% program efficiency

Supports local communities by inspiring fundraising and service through endurance racing events. For fiscal year 2023 it reported $451K in revenue, $484K in expenses, and $281K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$451K
Pt VIII · Ln 12
Total expenses
$484K
Pt IX · Ln 25
Net assets
$281K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$33K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.04 Fundraising $0.04
Program efficiency
93%
of spending reaches programs
Operating runway
7.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-7%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$451K
FY2023▲ +4%
Expenses
$484K
FY2023▲ +15%
Total assets
$297K
FY2023▲ +91%
Total liabilities
$17K
FY2023▼ -67%
Total revenue
$451K
Pt VIII · Ln 12
Total expenses
$484K
Pt IX · Ln 25
Net assets
$281K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$33K
Total assetsPt X · Ln 16$297K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $448K of program spending, described in the organization's own filed words · FY2023.
01

Charity Bibs

Wander project works with event companies to secure free or reduced entries to their events. We then provide our participants with the option to raise funds (a set amount that varies based on the event) in lieu of paying for the event.

$448Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWander Project
EINHdr · item D83-1778644
Principal addressHdr · item CSalt Lake Cty, UT
WebsiteHdr · item Jwww.wanderproject.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MUT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C12)
Ruling yearIRS BMFJun 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
$76,794Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020FY2019
Amy Ben-Horin - Outgoing$76,794
Amy Ben-Horin$75,000$63,600$60,000
Zander Chase$64,000
Cherie Santiago$23,333

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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Statement of Revenue

Part VIII
Contributions & grants$446K · 99%
Investment income$4K · 1%
Contributions & grants99%$446K
Investment income1%$4K
Total revenueLn 12$451K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.04 Fundraising $0.04
Program services93%$448K
Management & general4%$18K
Fundraising4%$17K
Total functional expensesLn 25$484K

Balance Sheet

Part X · end of year
CashLn 1$293K
Total assetsLn 16$297K
Total liabilitiesLn 26$17K
Total net assetsLn 32$281K
Months of cash on handcomputed7.3

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $293K · Operating expenses (Pt IX) $484K · Less non-cash grants $12K · Cash operating expenses/yr $472K
7.4 months
Where the money goes
Program services
Program services $448K · Total expenses $484K
93%
Management & General
Management & general $18K · Total expenses $484K
4%
Fundraising
Fundraising $17K · Total expenses $484K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $6K · Solicited contributions (3-yr avg) $289K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $446K · Total revenue $451K
99%
Government reliance
Government grants — · Total revenue $451K
Earned-income share
Program service revenue $0 · Total revenue $451K
0%
Investment reliance
Investment income $4K · Total revenue $451K
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $484K
0%
Growth & trend
Revenue growth (YoY)
This year $451K · Prior year $433K
+4%
Revenue CAGR
FY2019 $89K · FY2023 $451K
+50%
Net-asset trend (YoY)
End of year $281K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $451K · Expenses $484K
-7%
Liabilities-to-Assets
Total liabilities — · Total assets $297K
Net-asset ratio
Net assets $281K · Total assets $297K
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $297K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Amy Ben-Horin - Outgoing · Reported title EXECUTIVE DI · Highest reported compensation $77K · Total expenses $484K
16%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $147K · Total expenses $484K
30%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 93%
Overhead ratio 4%
Fundraising cost ratio 4%
Revenue growth 4%
Legal fee ratio 2%
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.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$37K
See all 3 funders →
Grants paid · 41 grants · $599K · 2020–2024
Bigger Than INCWI · FY2024$28,850
Challenged Athletes INCCA · FY2024$17,931
Navajo YesAZ · FY2024$7,277
Growing the Grassroots INCMN · FY2024$5,516
Bridging Bionics FoundationCO · FY2023$34,382
Bigger Than INCWI · FY2023$27,674
Challenged Athletes INCCA · FY2023$18,007
Navajo YesAZ · FY2023$11,298
This Time Tomorrow INCWI · FY2023$8,141
Wilderness SocietyDC · FY2023$6,190
Uniform Funding FoundationOH · FY2023$5,208
Navajo YesAZ · FY2022$30,551
Yosemite FoundationCA · FY2022$30,000
The Marshall EffectCO · FY2022$8,429
Public Lands AllianceDC · FY2022$7,123
See all 41 grants →

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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)$365K revenue · ⤓ 990 PDF
FY2023$451K revenue · viewing · ⤓ 990 PDF
FY2022$433K revenue · ⤓ 990 PDF
FY2021$424K revenue · ⤓ 990 PDF
FY2020$302K revenue · ⤓ 990 PDF
FY2019$89K revenue · ⤓ 990 PDF

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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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