WE LEAD CS INC

EIN: 884037170 501(c)(3) Education

SHELBYVILLE, KY

Total Revenue
$1,546,599
Total Expenses
$1,308,755
Total Assets
$273,162
Net Assets
$237,877
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
KY
Principal Officer
ALICIA SELLS
Phone
5024751245
Tax Period
2024-07-01 to 2025-06-30

WE LEAD CS INC, founded in 2022, is a community nonprofit in the Education sector that reported $1.5M in total revenue in fiscal year 2024. The organization ran a surplus of $238K, a strong 15% operating margin.

Mission

NONE

Program Service Accomplishments

Program 1
Expenses: $534,498 Revenue: $46,599

WELEADCS BEGAN STATEWIDE OPERATION ON JULY 1, 2024 WITH A $3 MILLION APPROPRIATION FROM THE KENTUCKY GENERAL ASSEMBLY IN THE 2024 GENERAL SESSION AND A DIRECTIVE FROM THE STATE LEGISLATURE TO...

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WELEADCS BEGAN STATEWIDE OPERATION ON JULY 1, 2024 WITH A $3 MILLION APPROPRIATION FROM THE KENTUCKY GENERAL ASSEMBLY IN THE 2024 GENERAL SESSION AND A DIRECTIVE FROM THE STATE LEGISLATURE TO SIGNIFICANTLY EXPAND KENTUCKY'S CAPACITY TO EDUCATE AND PREPARE STUDENTS FOR THE TECH WORKFORCE AND, IN TURN, INCREASE THE COMMONWEALTH'S COMPETITIVENESS IN THE TECH ECONOMY. AND SIGNIFICANTLY EXPAND KENTUCKY'S CAPACITY TO EDUCATE AND PREPARE HIGH SCHOOL STUDENTS FOR THE TECH WORKFORCE. ENROLLING STUDENTS IN WE LEAD CS COMPUTER SCIENCE COURSES WE BEGAN BY COMMUNICATING WITH KENTUCKY PUBLIC SCHOOL DISTRICTS THAT WE LEAD CS WAS OFFERING OPPORTUNITIES TO ENROLL STUDENTS IN A DUAL COLLEGE CREDIT COMPUTER PROGRAMMING CAREER PATHWAY. WE HAD 15 STUDENTS FROM A REGIONAL CAREER ACADEMY WHO WERE ENROLLED IN OUR PILOT PROGRAM WHO TRANSITIONED INTO THE PROGRAM, AND FOUR ADDITIONAL DISTRICTS SIGNED CONTRACTS WITH WELEADCS FOR THE 2024-2025 SCHOOL YEAR TO TEACH THEIR STUDENTS. IN 2024-2025, WE HAD 68 STUDENTS FROM FIVE SCHOOL DISTRICTS. WE LAUNCHED A STATEWIDE COMMUNICATIONS CAMPAIGN IN THAT YEAR AND IN THE 2025-2025 SCHOOL YEAR ENROLLED 220 STUDENTS FROM 23 SCHOOL DISTRICTS A 420% INCREASE IN THE NUMBER OF STUDENTS SERVED IN JUST ONE YEAR. STUDENT SUCCESS WELEADCS IS REQUIRED TO REPORT SEVERAL MEASURES OF STUDENT SUCCESS IN KRS 158.809, WHICH IS THE LEGISLATION THE KENTUCKY GENERAL ASSEMBLY PASSED IN 2022 TO ESTABLISH THE PROGRAM. IN 2024-2025: 26 OF OUR 68 STUDENTS EARNED INDUSTRY CERTIFICATIONS PRIORITIZED BY KENTUCKY EMPLOYERS HIRING TECH TALENT, INCLUDING IC3 DIGITAL LITERACY, JAVA PROGRAMMING, PYTHON PROGRAMMING, WEB DEVELOPMENT, AND DIGITAL DESIGN. 59 OF OUR 68 STUDENTS TOOK AT LEAST ONE DUAL COLLEGE CREDIT COURSE AND EARNED 190 HOURS OF COLLEGE CREDIT. THE 15 STUDENTS WHO TRANSITIONED INTO THE STATEWIDE WELEADCS PROGRAM FROM OUR PILOT TOOK AN END-OF-PROGRAM EXAM HAVING HAD TWO OR MORE YEARS OF COURSES IN THE COMPUTER PROGRAMMING PATHWAY. WE HAD AN 87% PASS RATE AMONG STUDENTS TESTED. TEACHER SUPPORT IN THE 2025 GENERAL SESSION, THE KENTUCKY GENERAL ASSEMBLY PASSED LEGISLATION MAKING WELEADCS AN EMPLOYER IN THE KENTUCKY TEACHER RETIREMENT SYSTEM AND KENTUCKY EMPLOYEE HEALTH INSURANCE PLAN SO WELEADCS CAN OFFER OUR STAFF THE SAME BENEFITS THEY COULD RECEIVE IN A SCHOOL DISTRICT. THIS WAS AN ESSENTIAL STEP TO HELP WELEADCS RECRUIT FACULTY MEMBERS TO SUSTAIN OUR GROWTH.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,500,000
Program Service Revenue $46,225
Investment Income $374
Other Revenue $0
TOTAL REVENUE $1,546,599

Expense Breakdown

Grants Paid $0
Salaries & Benefits $632,619
Fundraising Expenses $0
Program Expenses $534,498
Other Expenses $676,136
TOTAL EXPENSES $1,308,755

Year-over-Year Comparison

2024 2023 Change
Revenue $1,546,599 N/A N/A
Expenses $1,308,755 N/A N/A
Net Income $237,844 $0 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LOURDES BAEZ CHAIRPERSON 2.00
Officer
$0 $0 $0
HEATHER ACKELS VICE CHAIR 2.00
Officer
$0 $0 $0
TERESA SCOTTI SECRETARY 2.00
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
2025 $1,546,599 $1,308,755 $273,162 $237,844
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