Wisdom Inc
Wisdom Inc operates with consistent revenue and expenses, often running small deficits, and reports no officer compensation.
EIN: 201644019 · Green Bay, WI · NTEE: T70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $169K |
| Total Expenses | $66K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $60,000 |
| Net Assets | $31K |
| Transparency Score | 85/100 |
Is Wisdom Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wisdom Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wisdom Inc
Wisdom Inc (EIN: 201644019) is a nonprofit organization based in Green Bay, WI, classified under NTEE code T70. The organization reported total revenue of $169K and total assets of $120K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wisdom Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wisdom Inc is a small nonprofit that has been operating for 21 years, with 11 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $61K |
| Total Expenses | $66K |
| Surplus / Deficit | $-5,273 |
| Total Assets | $31K |
| Net Assets | $31K |
| Operating Margin | -8.6% |
| Months of Reserves | 5.6 months |
Financial Health Grade: B
In 2023, Wisdom Inc reported a deficit of $5K with expenses exceeding revenue, holds 5.6 months of operating reserves (adequate).
Financial Trends
Over 11 years of filings (2010–2023), Wisdom Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.0% | +3.7% | -14.5% |
| 2022 | +60.9% | -8.1% | +65.1% |
| 2021 | -37.2% | +20.6% | -48.7% |
| 2020 | +15.1% | -16.4% | +85.3% |
| 2019 | +10.7% | +9.4% | -6.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Wisdom Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Wisdom Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly unusual for an organization with over $60,000 in annual expenses.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Wisdom Inc's IRS 990 filings:
- Recurring operational deficits in multiple periods (e.g., 202312, 202112)
- 0% officer compensation, which may indicate reliance on unpaid labor or lack of professional leadership structure for an organization of its size.
Strengths
The following positive indicators were identified for Wisdom Inc:
- No reported liabilities across all filing periods, indicating a debt-free operation.
- Consistent filing history (11 filings), demonstrating transparency and compliance.
- Low administrative overhead implied by 0% officer compensation, potentially maximizing program spending.
Frequently Asked Questions about Wisdom Inc
Is Wisdom Inc a legitimate charity?
Wisdom Inc (EIN: 201644019) is a registered tax-exempt nonprofit based in Wisconsin. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $169K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Wisdom Inc spend its money?
Wisdom Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Wisdom Inc tax-deductible?
Wisdom Inc is registered as a tax-exempt nonprofit (EIN: 201644019). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Wisdom Inc CEO make?
Wisdom Inc's highest-compensated officer earns $60,000 annually. The organization reported $169K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Wisdom Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Wisdom Inc is above average for NTEE category T70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wisdom Inc located?
Wisdom Inc is headquartered in Green Bay, Wisconsin and files with the IRS under EIN 201644019. It is classified under NTEE code T70.
How many years of IRS 990 filings does Wisdom Inc have?
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 $169K in total revenue.
Is Wisdom Inc financially sustainable given recurring deficits?
Wisdom Inc has experienced several periods where expenses exceeded revenue (e.g., 202312, 202112, 201912). While assets are maintained, consistent deficits could challenge long-term sustainability if not offset by prior surpluses or future funding increases.
How does Wisdom Inc manage without officer compensation?
The consistent 0% officer compensation suggests a volunteer-driven leadership model. This can be efficient but might limit the organization's capacity for growth or professional management without paid staff.
What is the primary source of Wisdom Inc's revenue?
Based on the provided data, specific revenue sources are not detailed. However, given the consistent revenue levels, it likely relies on a stable base of contributions, grants, or program service fees.
Filing History
IRS 990 filing history for Wisdom Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2023), Wisdom Inc's revenue has grown by 1.2%, moving from $60K to $61K. Total assets decreased by 17.8% over the same period, from $38K to $31K. Total functional expenses rose by 50.3%, from $44K to $66K. In its most recent filing year (2023), Wisdom Inc reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $61K | $66K | $31K | $0 | — | View 990 |
| 2022 | $78K | $64K | $36K | $0 | — | View 990 |
| 2021 | $49K | $70K | $22K | $0 | — | View 990 |
| 2020 | $78K | $58K | $43K | $0 | — | — |
| 2019 | $67K | $69K | $23K | $0 | — | View 990 |
| 2018 | $61K | $63K | $25K | $0 | — | View 990 |
| 2017 | $60K | $60K | $27K | $0 | — | View 990 |
| 2016 | $57K | $57K | $28K | $0 | — | View 990 |
| 2012 | $58K | $67K | $38K | $0 | — | View 990 |
| 2011 | $70K | $60K | $48K | $0 | — | View 990 |
| 2010 | $60K | $44K | $38K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $61K, expenses of $66K, and assets of $31K (revenue -22.0% year-over-year).
- 2022: Revenue of $78K, expenses of $64K, and assets of $36K (revenue +60.9% year-over-year).
- 2021: Revenue of $49K, expenses of $70K, and assets of $22K (revenue -37.2% year-over-year).
- 2020: Revenue of $78K, expenses of $58K, and assets of $43K (revenue +15.1% year-over-year).
- 2019: Revenue of $67K, expenses of $69K, and assets of $23K (revenue +10.7% year-over-year).
- 2018: Revenue of $61K, expenses of $63K, and assets of $25K (revenue +2.2% year-over-year).
- 2017: Revenue of $60K, expenses of $60K, and assets of $27K (revenue +5.0% year-over-year).
- 2016: Revenue of $57K, expenses of $57K, and assets of $28K (revenue -1.4% year-over-year).
- 2012: Revenue of $58K, expenses of $67K, and assets of $38K (revenue -17.5% year-over-year).
- 2011: Revenue of $70K, expenses of $60K, and assets of $48K (revenue +15.5% year-over-year).
- 2010: Revenue of $60K, expenses of $44K, and assets of $38K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wisdom Inc:
Data Sources and Methodology
This transparency report for 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.