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Wharton Graduate Association Twga Inc

EIN 23-2731689 · Philadelphia, PA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood81 out of 100GovernanceFair66 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE PURPOSE OF THE WGA IS TO BE AN ADVOCATE FOR THE STUDENT VOICE AND FACILITATE STUDENT ENDEAVORS, ALL UNDER THE AUSPICES OF IMPROVING WHARTON SCHOOL. IT IS THE PURPOSE OF WGA TO: (1) CONTRIBUTE TO THE IMPROVEMENT AND DEVELOPMENT OF THE WHARTON SCHOOL; (2) ASSIST WHARTON MBA STUDENTS IN REACHING THEIR ACADEMIC AND PROFESSIONAL GOALS; (3) GENERATE STUDENT INPUT INTO POLICIES AND PROCEDURES WHICH AFFECT THE STUDENT COMMUNITY; (4) REPRESENT THE INTEREST OF AND ADVOCATE FOR THE WHARTON MBAS; (5) BUILD AND SUPPORT A COHESIVE MBA COMMUNITY; (6) BUILD CONNECTIONS AND PROMOTE COMMUNICATION AMONG CURRENT STUDENTS, ALUMNI, FACULTY, ADMINISTRATION, UNIVERSITY OF PENNSYLVANIA COMMUNITY, AND THE LEADERS OF BUSINESS AND GOVERNMENT.

Income
$5.0 million
Spending
$5.1 million
Spent on programs
94%
Reserves
7.1 months of spending
Largest source of income
fees for its services, 69%
Employees
1
Volunteers
730

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 81 out of 100. Higher than 67% of charities in its peer group (education, $1m to $10m).

  • Reserves

    28 of 35

    Spendable reserves would cover 7.1 months of spending.

  • Debt

    20 of 20

    It owes 9% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 1% of income.

  • Income trend

    10 of 15

    Income fell 4% on the year before.

  • Spending floor

    15 of 15

    94% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 66 out of 100. Higher than 22% of charities in its peer group (education, $1m to $10m).

  • Independent board

    18 of 25

    4 of 4 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $4.8 million spent. WGA IS THE PRIMARY VEHICLE FOR COORDINATING AND MANAGING STUDENT ACTIVITIES AND INITIATIVES, BOTH ACADEMIC AND EXTRACURRICULAR. IN ADDITION TO STUDENT REPRESENTATION, WGA PROVIDES MONETARY AND LOGISTICAL RESOURCES TO OVER 180 DIFFERENT CLUBS. WGA IS THE CARETAKER OF WHARTON'S MBA TRADITIONS AND SCHOOL-WIDE EVENTS, INCLUDING THE RED AND BLUE BALL, FOLLIES, SAY YES TO EDUCATION, GLOBAL HEALTHCARE VOLUNTEER PROGRAM, REBUILDING PHILADELPHIA TOGETHER, WHARTON 54, SPRING GALA, AND COUNTLESS OTHERS. WGA STUDENT DUES SUBSIDIZE THESE EVENTS, MAKING IT POSSIBLE FOR THE LARGEST NUMBER OF STUDENTS TO PARTICIPATE. MEMBERS OF WGA ARE ELIGIBLE TO TAKE PART IN OR ATTEND ANY OF THESE EVENTS (OFTEN REQUIRING A SPONSORED TICKET PURCHASE). MORE THAN 180 STUDENT CLUBS/CONFERENCES SHAPE THE WHARTON MBA EXPERIENCE IN ALL AREAS. THEY FOCUS ON INTERESTS RANGING FROM SOCIAL, LIKE THE WINE CLUB, TO INTERNATIONAL AND CULTURAL, LIKE WHALASA, TO ATHLETIC, LIKE THE WILDMAN HOCKEY LEAGUE, TO PROFESSIONAL, LIKE THE MEDIA AND ENTERTAINMENT CLUB. WGA ENABLES COUNTLESS OPPORTUNITIES FOR YOU TO CREATE RELATIONSHIPS AND EXPLORE YOUR INTERESTS. WGA IS THE PRIMARY VEHICLE FOR COORDINATING AND MANAGING STUDENT ACTIVITIES AND INITIATIVES, BOTH ACADEMIC AND EXTRACURRICULAR. IN ADDITION TO STUDENT REPRESENTATION, WGA PROVIDES MONETARY AND LOGISTICAL RESOURCES TO OVER 180 DIFFERENT CLUBS. WGA IS THE CARETAKER OF WHARTON'S MBA TRADITIONS AND SCHOOL-WIDE EVENTS, INCLUDING THE RED AND BLUE BALL, FOLLIES, SAY YES TO EDUCATION, GLOBAL HEALTHCARE VOLUNTEER PROGRAM, REBUILDING PHILADELPHIA TOGETHER, WHARTON 54, SPRING GALA, AND COUNTLESS OTHERS. WGA STUDENT DUES SUBSIDIZE THESE EVENTS, MAKING IT POSSIBLE FOR THE LARGEST NUMBER OF STUDENTS TO PARTICIPATE. MEMBERS OF WGA ARE ELIGIBLE TO TAKE PART IN OR ATTEND ANY OF THESE EVENTS (OFTEN REQUIRING A SPONSORED TICKET PURCHASE). MORE THAN 180 STUDENT CLUBS/CONFERENCES SHAPE THE WHARTON MBA EXPERIENCE IN ALL AREAS. THEY FOCUS ON INTERESTS RANGING FROM SOCIAL, LIKE THE WINE CLUB, TO INTERNATIONAL AND CULTURAL, LIKE WHALASA, TO ATHLETIC, LIKE THE WILDMAN HOCKEY LEAGUE, TO PROFESSIONAL, LIKE THE MEDIA AND ENTERTAINMENT CLUB. WGA ENABLES COUNTLESS OPPORTUNITIES FOR YOU TO CREATE RELATIONSHIPS AND EXPLORE YOUR INTERESTS.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since July 1997.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.