Wetati Academy Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
WETATi Academy is a practical entrepreneurship education nonprofit organization, located at and in partnership with Nyumburu Cultural Center, University of Maryland, College Park. Our mission is to educate and empower low- to-moderate income students, K-12 focus 10-25 years old through practical and experiential activities. Continued Sched O.
- Income
- $360,093
- Spending
- $347,979
- Spent on programs
- 91%
- Reserves
- 5.2 months of spending
- Largest source of income
- donations and private grants, 94%
- Employees
- 5
- Highest pay
- $89,500, founder, president, ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100. Higher than 64% of charities in its peer group (human services, $250k to $1m).
Reserves
20 of 35Spendable reserves would cover 5.2 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
15 of 15Income exceeded spending by 3% of income.
Income trend
15 of 15Income rose 77% on the year before.
Spending floor
15 of 1591% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 62 out of 100. Higher than 37% of charities in its peer group (human services, $250k to $1m).
Independent board
25 of 2510 of 10 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, 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 (7)
- WETATi Entrepreneurship STEM - E-STEM education explores and teaches the entrepreneurial aspect of STEM E-STEM, so that the students STEMPRENEURS can begin early to learn how to monetize and leverage their scientific ideas or and prepare them for the 21st century workforce in any field of their choosing.
- Program Service Expenses 0, Grants and allocations 0, Revenue 0 Student Recruitment, scholarships and awards. WETATi provides entrepreneurship education, idea pitch competition, leadership and creative thinking programs to K-12 students, college students and millennials. WETATi targets youth and young adults who lack the resources to succeed in mainstream society.
- In 2024, WETATi Academy continued its mission to empower youth, young adults, communities, and small businesses through education, entrepreneurship, and leadership development. Since its founding in 2012, the Academy has served more than 27,400 individuals, with significant progress made in expanding our impact over the past year.
- This year, we successfully expanded our programs into more community schools, deepening our engagement with underserved youth and extending access to our signature training and mentoring services. We also refined our business model, allowing us to operate more efficiently and position the organization for future growth and sustainability.
- Since its inception, WETATi Academy has awarded over 115,000 in scholarships, seed funding for student-led businesses, and internship stipends. A testament to our commitment to removing financial barriers to success and fostering real-world economic opportunities for our participants.
- In 2024, our Executive Director was featured on Voice of America, representing WETATi Academy on a global platform and bringing national attention to our mission and impact. Additionally, we welcomed two new strategic funding and business partners, strengthening our network of supporters and collaborators. We also onboarded two exceptional new board members, whose expertise and passion will help guide WETATi vision forward.
- Together, these accomplishments reflect a year of continued growth, innovation, and impact as WETATi Academy remains committed to transforming lives through practical education and empowerment.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
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.
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.
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.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2014.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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.