Quick charity verification for The Wisdom Connection Inc (EIN: 200288195)
Verdict: The Wisdom Connection Inc shows mixed signals
45/100Mission Score
$923KRevenue
$1.6MAssets
5Red Flags
2Strengths
Red Flags
Negative revenue reported in 2023 (-$16,801), indicating severe financial distress.
Consistent decline in assets from $2,886,332 in 2013 to $1,692,506 in 2023, suggesting reliance on reserves.
Expenses frequently exceed revenue across multiple years (e.g., 2022: Revenue $208,111, Expenses $261,100; 2021: Revenue $164,749, Expenses $272,426).
Unusual and consistent reporting of $1 in liabilities across many filing periods, raising questions about financial transparency and accuracy.
Lack of clear financial sustainability plan given the ongoing deficit spending.
Strengths
No reported officer compensation, suggesting a volunteer-driven leadership or efficient use of funds in this area.
Maintains a substantial asset base ($1,625,767 latest reported), providing some financial cushion despite declining trends.
Spending Breakdown
How The Wisdom Connection Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about The Wisdom Connection Inc
Is The Wisdom Connection Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Wisdom Connection Inc (EIN: 200288195) shows mixed signals. Mission Score: 45/100. 5 red flags identified, 2 strengths noted.
Is The Wisdom Connection Inc a good charity to donate to?
The Wisdom Connection Inc has a Mission Score of 45/100. Revenue: $923K. Assets: $1.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Wisdom Connection Inc?
The Employer Identification Number (EIN) for The Wisdom Connection Inc is 200288195. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does The Wisdom Connection Inc spend its money?
The Wisdom Connection Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Wisdom Connection Inc's tax-exempt status?
You can verify The Wisdom Connection Inc's tax-exempt status using EIN 200288195 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Wisdom Connection Inc exhibits concerning financial trends, particularly a significant negative revenue of -$16,801 in 2023, following several years of revenue not consistently covering expenses. While the organization maintains substantial assets, these have been steadily declining from a peak of $2,886,332 in 2013 to $1,692,506 in 2023. The consistent reporting of $1 in liabilities across multiple years, despite varying asset levels, raises questions about the accuracy or completeness of their financial reporting. The absence of officer compensation reported across all filings suggests either a fully volunteer-run leadership or that compensation is categorized differently, which could impact transparency regarding administrative costs. The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program vs. administrative expenses, but the consistent deficit spending indicates a need for improved financial management.