Wired2learn Academy INC EIN 93-3627426 Form 990 (PDF) Claim this org

Wired2learn Academy INC FY2024 filing

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Educates children with learning disabilities in grades 3-12. For fiscal year 2024 it reported $358K in revenue, $467K in expenses, and $-472K in net assets.Pt I

Founded
2023
Type
Public charity (501(c)(3)) · Education
Location
Post Falls, ID
Filings
3 on file (2023–2024)
Revenue
$358KFY2024
Expenses
$467K
Net assets
$-472K
People
5
Filings
3
Updates
0
More identity details & actions ⌄
EIN  93-3627426 Public charity (501(c)(3)) Post Falls, ID Founded 2023
Form 990 (PDF)
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Size
$100K–1M
What they do
Educates children with learning disabilities in grades 3-12.
Leadership
Alyssa Pukkila · Executive Director · $50K
Money in and out
$358K revenue, $467K expenses
Bottom line
92% program efficiency
Where the money goes · FY2024
Total revenue
$358K
Pt VIII · Ln 12
Total expenses
$467K
Pt IX · Ln 25
Net assets
$-472K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$109K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.00 Fundraising $0.07
Program efficiency
92%
of spending reaches programs
Operating runway
1.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
-30%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$358K
FY2024▲ +217%
Expenses
$467K
FY2024▲ +182%
Total assets
$77K
FY2024
Total liabilities
$549K
FY2024
Total revenue
$358K
Pt VIII · Ln 12
Total expenses
$467K
Pt IX · Ln 25
Net assets
$-472K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$109K
Total assetsPt X · Ln 16$77K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $431K of program spending, described in the organization's own filed words · FY2024.
01

Grades 3-12 independent private schooling for children with learning disabilities.

$431Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWired2learn Academy INC
EINHdr · item D93-3627426
Principal addressHdr · item CPost Falls, ID
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2023
State of legal domicileHdr · item MID
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B20)
Ruling yearIRS BMFApr 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$50,000Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Advanced Chair
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$240K · 67%
Contributions & grants$116K · 32%
Other revenue$3K · 1%
Program service revenue67%$240K
Contributions & grants32%$116K
Other revenue1%$3K
Investment income$20
Total revenueLn 12$358K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.00 Fundraising $0.07
Program services92%$431K
Management & general$1K
Fundraising7%$35K
Total functional expensesLn 25$467K

Balance Sheet

Part X · end of year
CashLn 1$49K
Total assetsLn 16$77K
Total liabilitiesLn 26$549K
Total net assetsLn 32$-472K
Months of cash on handcomputed1.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $49K · Operating expenses/yr $467K
1.3 months
Where the money goes
Program services
Program services $431K · Total expenses $467K
92%
Management & General
Management & general $1K · Total expenses $467K
0.3%
Fundraising
Fundraising $35K · Total expenses $467K
7%
Cost to raise $1
Fundraising expense (2-yr avg) $31K · Solicited contributions (2-yr avg) $79K
$0.39 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $116K · Total revenue $358K
32%
Government reliance
Government grants — · Total revenue $358K
Earned-income share
Program service revenue $240K · Total revenue $358K
67%
Investment reliance
Investment income $20 · Total revenue $358K
<0.01%
Program self-sufficiency
Program service revenue $240K · Total expenses $467K
51%
Growth & trend
Revenue growth (YoY)
This year $358K · Prior year $113K
+217%
Net-asset trend (YoY)
End of year $-472K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $358K · Expenses $467K
-30%
Liabilities-to-Assets
Total liabilities — · Total assets $77K
Net-asset ratio
Net assets $-472K · Total assets $77K
-611%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $77K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Alyssa Pukkila · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $50K · Total expenses $467K
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $247K · Total expenses $467K
53%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 92%
Overhead ratio 0.3%
Fundraising cost ratio 30%
Revenue growth 217%
Accounting fee ratio 0.3%

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 · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$18K

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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
FY2025 (Latest)$579K revenue · ⤓ 990 PDF
FY2024$358K revenue · viewing · ⤓ 990 PDF
FY2023$113K 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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