The WiderNet Project

EIN: 461028799 501(c)(3) Science & Technology

Durham, NC

Total Revenue
$121,970
Total Expenses
$146,554
Total Assets
$32,201
Net Assets
$-124,379
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
NC
Principal Officer
ALEN AMINI 1 DIRECTO
Tax Period
2021-01-01 to 2021-12-31

The WiderNet Project, founded in 2013, is a small nonprofit in the Science & Technology sector that reported $122K in total revenue in fiscal year 2021. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $147K exceeded revenue, resulting in a 20% operating deficit.

Mission

THE WIDERNET PROJECT WORKS TO DELIVER EDUCATIONAL RESOURCES, KNOWLEDGE, AND TRAINING TO UNDERPRIVILEGED INDIVIDUALS AND COMMUNITIES WORLDWIDE AND IMPROVE THEIR DIGITAL COMMUNICATION. THE WIDERNET PROJECT IS A NON-PROFIT ORGANIZATION BASED IN CHAPEL HILL, NC AND AFFILIATED WITH TH

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $81,004
Program Service Revenue $40,897
Investment Income $69
Other Revenue $0
TOTAL REVENUE $121,970

Expense Breakdown

Grants Paid $0
Salaries & Benefits $90,299
Fundraising Expenses $0
Program Expenses $146,554
Other Expenses $56,255
TOTAL EXPENSES $146,554

Year-over-Year Comparison

2021 2020 Change
Revenue $121,970 $104,036 +0.2%
Expenses $146,554 $124,559 +0.2%
Net Income $-24,584 $-20,523 +0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
4
Employees
11
Volunteers
4

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEN AMINI DIRECTOR 0.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2021 $121,970 $146,554 $32,201 $-24,584
2020 $104,036 $124,559 $54,586 $-20,523
2018 $165,964 $182,248 $3,738 $-16,284
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