Overview
What is The Wily Network?
The Wily Network is a nonprofit organization situated in Newton, Massachusetts. Their primary mission is to support students as they transition to and navigate college life, ensuring their success both during their academic journey and in their post-college lives. They accomplish this through one-on-one coaching, tutoring, group programming, and networking opportunities. The organization offers on-campus support, community-building events, 24/7 emergency assistance, and supplemental financial aid, as outlined in their agreement. By providing these resources, The Wily Network aims to serve as a vital safety net for scholars, helping them transition from surviving to thriving in college and beyond.
Official website here: www.thewilynetwork.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Wily Network has achieved a high rating of 96% from Charity Navigator, indicating strong performance in accountability and finance as well as leadership and adaptability. With a perfect score in leadership and adaptability, the organization demonstrates effective strategic planning and strong leadership capabilities, ensuring that it can respond to challenges and changes in its environment effectively.
One of the organization's key strengths lies in its financial management, where it has an impressive program expense ratio of 69.78%, reflecting a commitment to using funds primarily for its mission-related activities. Furthermore, its fundraising efficiency is commendable, with just $0.11 spent to raise each dollar of support. The organization also enjoys a robust financial health profile, with low liabilities relative to assets and a generous working capital ratio of 3.57 years, ensuring sustainability.
Importantly, The Wily Network is governed by a majority independent board, showcasing its commitment to transparency and ethical practices. It has comprehensive policies in place, including conflict of interest and whistleblower policies, which contribute to its overall accountability. There are no noted limitations in the provided data, highlighting the organization's strong operational practices and financial integrity.
This AI summary has been generated from information found on Charity Navigator.
Is The Wily Network legitimate?
The Wily Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Wily Network submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $160,661
Professional Fundraising Fees: $0
Other Salaries and Wages: $863,473
For more financial information, click here
Official website here: www.thewilynetwork.org
What is the mission statement of The Wily Network?
The Wily Network's mission is centered around supporting its scholars in thriving during their four-year residential college experience and beyond. The organization aims to empower these scholars to transition smoothly into post-college life, becoming active members of their communities. The Wily Network serves as a vital safety net, offering weekly clinical coaching, financial assistance, community-building support, and networking opportunities. These resources help scholars transition from merely surviving college to truly thriving.
Official website here: www.thewilynetwork.org
What is the revenue of The Wily Network?
The Wily Network's revenue in 2023 was $2,676,113.
Official website here: www.thewilynetwork.org
Who are the executives of The Wily Network and what are their salaries?
The average compensation at The Wily Network during 2023 was $51,207. There are 20 employees and 298 volunteers at The Wily Network.
Here are 24 key members and their salaries:
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Official website here: www.thewilynetwork.org
Where can I find the form 990 for The Wily Network?
The Wily Network's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thewilynetwork.org
Learn more at the official website: www.thewilynetwork.org
Mission Statement of The Wily Network
The Wily Network, a nonprofit organization, is dedicated to ensuring that its scholars have the necessary tools and networks to thrive in four-year residential colleges. Their mission is multifaceted, aiming to empower these scholars to transition smoothly into post-college life and become active contributors to their communities. The Wily Network acts as a crucial safety net for these scholars as they navigate their college years independently.
To accomplish this mission, The Wily Network offers a comprehensive program that includes weekly clinical coaching, financial assistance, community-building support, and networking opportunities. These services are designed to help scholars move from simply surviving to truly thriving in their academic and personal lives. The organization believes that by providing these resources, they can help scholars develop the skills and confidence needed to succeed both in college and beyond.
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Impact
July, 2024
The Wily Network's impact can be seen in the transformation of its scholars as they navigate the challenges of college life. Through one-on-one coaching, tutoring, and networking opportunities, The Wily Network empowers students to not only survive but thrive during their college experience. By providing critical support such as financial assistance, community-building, and on-call support, The Wily Network ensures that its scholars have the tools and networks necessary to succeed in a four-year residential college environment. Ultimately, The Wily Network plays a vital role in helping students transition successfully into post-college life and become vibrant members of their communities.
This information is meant to be a general summary of The Wily Network. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $74,620
- Gross Receipts: $2,676,113
Assets and Liabilities:
- Total Assets: $5,971,524
- Total Liabilities: $560,468
- Net Assets: $5,411,056
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Organization Details
Founding Year
2014
Principal Officer
Judith Alperin King
Website
www.thewilynetwork.orgNTEE Category
Code: B80 - Education
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