House Of Wisdom Inc
EIN: 263750259 · Greenfield, WI · NTEE: X40
| Metric | Value |
|---|---|
| Total Revenue | $258K |
| Total Expenses | $240K |
| Net Assets | $999K |
Is House Of Wisdom Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About House Of Wisdom Inc
House Of Wisdom Inc (EIN: 263750259) is a nonprofit organization based in Greenfield, WI, classified under NTEE code X40. The organization reported total revenue of $258K and total assets of $980K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of House Of Wisdom Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
House Of Wisdom Inc is a small nonprofit that has been operating for 17 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 26.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $259K |
| Total Expenses | $240K |
| Surplus / Deficit | +$19K |
| Total Assets | $999K |
| Net Assets | $999K |
| Operating Margin | 7.4% |
| Months of Reserves | 49.9 months |
Financial Health Grade: A
In 2023, House Of Wisdom Inc reported a surplus of $19K with revenue exceeding expenses, holds 49.9 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2013–2023), House Of Wisdom Inc's revenue has grown at a compound annual growth rate (CAGR) of 26.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.4% | -68.6% | +2.0% |
| 2022 | +167.7% | +860.1% | +60.5% |
| 2021 | -2.6% | +12.7% | +6.3% |
| 2020 | +2.4% | -49.7% | +9.2% |
| 2019 | +83.4% | +8.0% | -4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7210 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for House Of Wisdom Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates House Of Wisdom Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $19K, with revenue exceeding expenses.
Frequently Asked Questions about House Of Wisdom Inc
Is House Of Wisdom Inc a legitimate charity?
House Of Wisdom Inc (EIN: 263750259) is a registered tax-exempt nonprofit based in Wisconsin. It has 11 years of IRS 990 filings on record. Total revenue: $258K. No red flags identified. Financial health grade: A.
How does House Of Wisdom Inc spend its money?
House Of Wisdom Inc reported $258K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to House Of Wisdom Inc tax-deductible?
House Of Wisdom Inc is registered as a tax-exempt nonprofit (EIN: 263750259). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is House Of Wisdom Inc located?
House Of Wisdom Inc is headquartered in Greenfield, Wisconsin and files with the IRS under EIN 263750259. It is classified under NTEE code X40.
How many years of IRS 990 filings does House Of Wisdom Inc have?
House Of Wisdom Inc has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $258K in total revenue.
Filing History
IRS 990 filing history for House Of Wisdom Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), House Of Wisdom Inc's revenue has grown by 957.8%, moving from $25K to $259K. Total assets increased by 1535.1% over the same period, from $61K to $999K. Total functional expenses rose by 1338.7%, from $17K to $240K. In its most recent filing year (2023), House Of Wisdom Inc reported a surplus of $19K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $259K | $240K | $999K | $0 | — | View 990 |
| 2022 | $310K | $764K | $980K | $0 | — | View 990 |
| 2021 | $116K | $80K | $611K | $0 | — | — |
| 2020 | $119K | $71K | $574K | $0 | — | View 990 |
| 2019 | $116K | $140K | $526K | $0 | — | View 990 |
| 2018 | $63K | $130K | $550K | $0 | — | View 990 |
| 2017 | $350K | $306K | $617K | $0 | — | — |
| 2016 | $178K | $89K | $573K | $0 | — | View 990 |
| 2015 | $143K | $99K | $484K | $0 | — | View 990 |
| 2014 | $110K | $90K | $440K | $0 | — | View 990 |
| 2013 | $25K | $17K | $61K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $259K, expenses of $240K, and assets of $999K (revenue -16.4% year-over-year).
- 2022: Revenue of $310K, expenses of $764K, and assets of $980K (revenue +167.7% year-over-year).
- 2021: Revenue of $116K, expenses of $80K, and assets of $611K (revenue -2.6% year-over-year).
- 2020: Revenue of $119K, expenses of $71K, and assets of $574K (revenue +2.4% year-over-year).
- 2019: Revenue of $116K, expenses of $140K, and assets of $526K (revenue +83.4% year-over-year).
- 2018: Revenue of $63K, expenses of $130K, and assets of $550K (revenue -81.9% year-over-year).
- 2017: Revenue of $350K, expenses of $306K, and assets of $617K (revenue +95.9% year-over-year).
- 2016: Revenue of $178K, expenses of $89K, and assets of $573K (revenue +25.2% year-over-year).
- 2015: Revenue of $143K, expenses of $99K, and assets of $484K (revenue +30.1% year-over-year).
- 2014: Revenue of $110K, expenses of $90K, and assets of $440K (revenue +346.8% year-over-year).
- 2013: Revenue of $25K, expenses of $17K, and assets of $61K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for House Of Wisdom Inc:
Data Sources and Methodology
This transparency report for House Of Wisdom Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.