Wai-iam Inc is a 501(c)(3) organization based in Lansing, Michigan, registered in 2014, with $1,605,417 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$1.6M
▲ 3.3% vs prior year
Crime & Legal median: $309K
Expenses (FY2023)
$1.7M
Net assets
$117K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Wai-iam Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Wai-iam Inc: 1 mo reserves · -6% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Wai-iam Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Wai-iam Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $825K (FY2016) to $1.6M (FY2023) across 8 reported years.
Financial snapshot
Operating margin
-6.4%
Spent more than it raised in the latest fiscal year.
Total assets
$1.3M
Total liabilities
$1.2M
Net assets
$117K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,605,417▲3.3% | $1,707,660▲20.3% | $117,309▼46.6% | $1,316,523▼8.5% | 990 |
| 2022 | $1,554,261▲27.2% | $1,419,695▲1.4% | $219,552▲158% | $1,438,691▲10.4% | 990 |
| 2021 | $1,221,678▼14.6% | $1,400,549▲2.6% | $84,986▼67.8% | $1,302,963▲38.8% | 990 |
| 2020 | $1,430,919▲21.7% | $1,364,465▲12.4% | $263,857▲457% | $938,876▲175% | 990 |
| 2019 | $1,175,407▼10.4% | $1,213,628▼9.1% | $47,403▼44.6% | $341,083▲10.2% | 990 |
| 2018 | $1,311,490▲16.5% | $1,334,911▲24.6% | $85,624▼21.5% | $309,548▲6.9% | 990 |
| 2017 | $1,125,621▲36.4% | $1,071,741▲30.8% | $109,045▲97.7% | $289,518▲28.2% | 990 |
| 2016 | $825,101 | $819,347 | $55,165 | $225,851 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
7 grants to Wai-iam Inc totaling $144K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation For Southeast Michigan | Crime & legal-related | 2024 | $25,000 |
| Community Foundation For Southeast Michigan | Crime & legal-related | 2023 | $25,000 |
| Community Foundation For Southeast Michigan | Crime & legal-related program | 2022 | $25,000 |
| The Blackbaud Giving Fund | General support | 2022 | $9,400 |
| Community Foundation For Southeast Michigan | General operations | 2021 | $25,000 |
| Community Foundation For Southeast Michigan | General operations | 2021 | $25,000 |
| Thdf II Inc | To assist local charities | 2017 | $9,700 |
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Data for Wai-iam Inc (EIN 46-4036273) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.