WeCode KC

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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

2019

Legal Domicile

Principal Officer

TAMEIKIA C BUCKNER

Phone

8163825966

Tax Period

2023-01-01 to 2023-12-31

WeCode KC, founded in 2019, is a small nonprofit in the Employment sector that reported $952K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $874K left a modest 8% surplus.

Mission

Our mission is to serve youth and young adults from communities where residents are typically left out of the technology industry and underestimated, providing them the opportunity to learn technology concepts, and leadership skills; creating a diverse pipeline of future-ready professionals through project-based learning and innovative programs.

Program Service Accomplishments

Program 1

Expenses: $334,602 Revenue: $144,795

WeCode Futures (7-17): STEM employment opportunities have become the fastest growing segment of jobs in the U.S, with 71 percent of which involving computing. WeCode prepares youth and young people from communities traditionally left out of the technology sector to participate in no cost events and workshops throughout the year exposing them to complex programming languages such as HTML/CSS, JavaScript, Java and Python, steadily enhancing their skills and building coding confidence. These programs are designed to spark participants interests in technology and exploring careers within the technology landscape.

Program 2

Expenses: $263,872 Revenue: $25,000

WeCode Careers (16 26: high school, post high school and college-aged students) is an innovative student-led workforce development program providing hundreds of hours of curriculum, mentorship...

WeCode Careers (16 26: high school, post high school and college-aged students) is an innovative student-led workforce development program providing hundreds of hours of curriculum, mentorship, industry connections and job opportunities to increase youths confidence and belonging that contribute to higher paying careers and tech internships. Our industry-aligned curricula are centered on the needs of Black, Hispanics and Latinx and low-income students with the intention of coding pathways and a diverse pipeline of tech professionals that ensure the people thats powering Kansas Citys innovation economy reflect the diversity of the population. This earn as you learn program allows students to provide business solutions to small and nonprofit businesses.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $938,864

Program Service Revenue $13,545

Investment Income $0

Other Revenue $0

TOTAL REVENUE $952,409

Expense Breakdown

Grants Paid $0

Salaries & Benefits $522,948

Fundraising Expenses $0

Program Expenses $598,474

Other Expenses $350,582

TOTAL EXPENSES $873,530

Year-over-Year Comparison

	2023	2022	Change
Revenue	$952,409	$870,544	+0.1%
Expenses	$873,530	$506,656	+0.7%
Net Income	$78,879	$363,888	-0.8%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TAMEIKIA C BUCKNER	EXECUTIVE DIRECTOR	40.00		$177,810	$0	$177,810
BRANDON CALLOWAY	Director	1.00	Director	$0	$0	$0
DAVID MITCHELL	Director	1.00	Director	$0	$0	$0
ANGELIQUE NEDVED	Director	1.00	Director	$0	$0	$0
APRIL BOYD-NORONHA	Director	1.00	Director	$0	$0	$0
RYAN REED	Director	1.00	Director	$0	$0	$0
ROBERT ROGERS	Director	1.00	Director	$0	$0	$0
ROCHELLE WALKER	Director	1.00	Director	$0	$0	$0
KIMBERLY BRYANT	Chairman	5.00	Officer	$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
2024	No data	No data	No data	No data
2023	$952,409	$873,530	$581,913	$78,879
2022	$870,544	$506,656	$493,049	$363,888