Employment
(J20)
IRS Verified
DX Registered
990 on File
WECODE KC
Financial strength (30%)
40/100
Reliability (20%)
45/100
Effectiveness (25%)
55/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
WeCode KC is dedicated to creating a pipeline of future-ready technology professionals by providing youth with opportunities to learn coding, technology concepts, robotics, and leadership skills. Our mission is to empower youth and young adults in Kansas City's most vulnerable communities, including rural areas, preparing them for innovative and sustainable careers in the technology industry.
Financial Overview — FY 2024
$715K
Total Revenue
$1.1M
Total Expenses
$305K
Net Assets
23
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
47.0%
Fundraising Efficiency
N/A
Operating Reserve
3.22x
Liability-to-Asset
13.6%
Revenue Diversification
92.2%
Executive Compensation
$263K
Compared with Peers
FY 2024
Compared with 810 similar organizations
(United States, Employment, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
47.0% | 84.6% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
36.7% | 13.5% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
16.3% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
3.2 mo | 10.5 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
13.6% | 14.9% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
92.2% | 92.9% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-25.0% | 8.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
29.8% | 8.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-58.6% | 3.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $715K | $1.1M | $305K | 47.0% | 23 |
| 2023 | $952K | $874K | $564K | 68.5% | 4 |
| 2022 | $871K | $507K | $485K | 55.5% | 4 |
| 2021 | $198K | $88K | N/A | — | 1 |
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