Why We Can T Wait
- Assets
- $40.4k
- Revenue
- $256.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Goodlettsville, TN
- Founding
- 02/2014
- Data as of
- 12/2021
- EIN
- 46-0755751
Organization Overview
Why We Can T Wait is located in Goodlettsville, TN. The organization was established in 2014. According to its NTEE Classification (O30) the organization is classified as: Adult & Child Matching Programs, under the broad grouping of Youth Development and related organizations. As of 12/2021, Why We Can T Wait employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Why We Can T Wait is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Why We Can T Wait generated $256.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 35.1% each year . All expenses for the organization totaled $242.1k during the year ending 12/2021. While expenses have increased by 33.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WHY WE CAN'T WAIT INC'S MISSION IS TO EMPOWER AND DEVELOP YOUTH IN THE UNDER-SERVED COMMUNITIES TO BECOME PRODUCTIVE CITIZENS IN SOCIETY;ALSO IMPROVE PARENT INVOLVEMENT BY ENCOURAGING BETTER PARENT/CHILD RELATIONS, AND COMBAT GROWING HEALTH CONCERNS IN UNDER-SERVED/UNDERPRIVILEGED COMMUNITIES SUCH AS, BUT NOT LIMITED TO, CHILDHOOD OBESITY AND DIABETES, AND SEDENTARY LIFESTYLES OF FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WWCW AFTERSCHOOL ACADEMY BUDGET WWCW AFTERSCHOOL ACADEMY OCCURS MONDAY THROUGH THURSDAY, FROM 3:30 UNTIL 6:00 P.M. IT FEATURES DINNER, HOMEWORK HELP, TUTORING, SOCIAL/ EMOTIONAL LEARNING SESSIONS, RESTORATIVE PRACTICE SESSIONS, TEAM BUILDING AND ENRICHMENT ACTIVITIES IN SPORTS AS WELL AS THE ARTS, I.E., AFRICAN/HIP-HOP DANCE, YOGA, SPOKEN WORD, FLAG FOOTBALL, GOLF, STEP, ETC. WE ALSO HAVE STUDENTS FROM LOCAL COLLEGES AND UNIVERSITIES TO ASSIST IN OUR MENTORING PROGRAM. IN ADDITION, WE WILL HAVE AN INCENTIVE FIELD TRIP TO BE TAKEN AT THE END OF EACH SEMESTER FOR PARTICIPANTS THAT HAVE PERFECT ATTENDANCE, IMPROVED GRADES, AND LITTLE TO NO OFFICE VISITS. THE FUNDING PARTNER FOR THIS INITIATIVE IS THE NASHVILLE AFTER ZONE ALLIANCE (NAZA).
WWCW CAREER APPLICATIONS REGARDING STUDENTS (C.A.R.S) SUMMER TEEN JOB PROGRAM IS A COLLABORATIVE BETWEEN WHY WE CAN'T WAIT, INC., AND A LOCAL DEVELOPER THAT PROVIDED JOB FOR 10 TEENS. THESE SITES ALLOW TEENS TO EXPLORE VARIOUS CAREERS IN THE VARIOUS ORGANIZATIONS. THE TEENS RECEIVE FOUR HOURS A DAY/ 20 HOURS A WEEK AT THE RATE OF $8 AN HOUR. WHY WE CAN'T WAIT, INC. HIRES AND TRAINS SITE COORDINATORS TO HELP STABILIZE THE TEAMS AT EACH SITE, COMPLETING A POWERPOINT TO CONCLUDE THE SIX WEEKS EXPERIENCE
WWCW CULTIVATING CHARACTER IN MILLENNIALS LEADERSHIP ACADEMY CCM LEADERSHIP ACADEMY IS AN EIGHT-WEEK SUMMER ENRICHMENT PROGRAM. IT IS CITY-WIDE AND SERVES AGES 6 - 16, PROVIDING LEFT BRAIN AND RIGHT BRAIN EXPERIENCES. MORNINGS CONSIST OF SCIENCE/TECHNOLOGY/ENGINEERING, ENGLISH/LANGUAGE ARTS, MATH AND SPORTS. FOLLOWING LUNCH, ARTS & CRAFTS, AFRICAN DANCE, ZUMBA AND LEADERSHIP DEVELOPMENT. THURSDAY'S ARE RESERVE FOR COLLEGE TOURS AND EVERY FRIDAY WE HAVE FIELD TRIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darrell Caldwell President | Officer | 20 | $0 |
Lisa Caldwell Treasurer | Officer | 7 | $0 |
Domonic Leonardo Vice Chair | Officer | 5 | $0 |
Dajuana Toran Chair | Officer | 10 | $0 |
Walter Stuart VP Of Operations | Officer | 20 | $0 |
Anthony Hall Coordinator Of Restorative Practices | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $256,731 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $256,731 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $256,731 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $53,042 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,193 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $100,623 |
| Advertising and promotion | $0 |
| Office expenses | $12,579 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,340 |
| Travel | $4,549 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,180 |
| All other expenses | $0 |
| Total functional expenses | $242,081 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,437 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $40,437 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $40,437 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $40,437 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Why We Can T Wait has recieved totaling $131,829.
| Awarding Organization | Amount |
|---|---|
Young Mens Christian Association Of Nashville And Middle Tennessee Nashville, TN PURPOSE: TO FURTHER EXEMPT PURPOSE | $93,227 |
Dan And Margaret Maddox Charitable Fund Nashville, TN PURPOSE: TO PROVIDE COVID RELATED SUPPLIES FOR SUMMER PROGRAM | $19,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $14,602 |
March Foundation 11131998 Plano, TX PURPOSE: GENERAL | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Big Brothers & Big Sisters Of Middle Tennessee Nashville, TN | $6,116,163 | $7,647,384 |
100 Black Men Of America Inc Atlanta, GA | $7,881,351 | $7,585,339 |
Barefoot Republic Inc Franklin, TN | $3,769,546 | $1,774,657 |
Transforming Youth Movement Concord, NC | $160,367 | $881,473 |
Communities In Shcools Of Northwest North Carolina Moravian Falls, NC | -$29,742 | $814,550 |
Communities In Schools Of Chatham County Siler City, NC | $819,325 | $761,451 |
Partners For Youth Durham, NC | $472,458 | $559,116 |
Surry County Friends Of Youth Incorporated Mount Airy, NC | $115,547 | $365,269 |
Volunteers For Youth Inc Carrboro, NC | $87,162 | $315,113 |
Mentor Me - North Georgia Inc Cumming, GA | $214,878 | $300,827 |
Good City Mentors Southport, NC | $293,016 | $361,692 |
Why We Can T Wait Goodlettsville, TN | $40,437 | $256,731 |