Wisdom Inc
Wisdom Inc shows consistent revenue growth and strong program spending with no executive compensation.
EIN: 201644135 · Neenah, WI · NTEE: T70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $305K |
| Total Expenses | $160K |
| Program Spending | 90% |
| Net Assets | $138K |
| Transparency Score | 92/100 |
Is Wisdom Inc Legit?
Appears Legitimate
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: 201644135) is a nonprofit organization based in Neenah, WI, classified under NTEE code T70. The organization reported total revenue of $305K and total assets of $272K 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 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $203K |
| Total Expenses | $160K |
| Surplus / Deficit | +$43K |
| Total Assets | $138K |
| Net Assets | $138K |
| Operating Margin | 21.2% |
| Months of Reserves | 10.4 months |
Financial Health Grade: A
In 2023, Wisdom Inc reported a surplus of $43K with revenue exceeding expenses, holds 10.4 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Wisdom Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +75.0% | +33.1% | +33.8% |
| 2022 | +10.2% | +17.2% | +4.0% |
| 2021 | -13.8% | -1.0% | +2.8% |
| 2020 | +5.5% | +3.4% | +31.0% |
| 2019 | +24.4% | +3.7% | +26.8% |
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 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Wisdom Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 surplus of $43K, with revenue exceeding expenses.
Executive Compensation Analysis
Wisdom Inc reports 0% officer compensation across all available filings, indicating that no salaries are paid to its executives. This is a highly positive sign, suggesting that all funds are directed towards the organization's mission and operational costs.
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.
Strengths
The following positive indicators were identified for Wisdom Inc:
- Consistent revenue growth, from $60,117 in 2014 to $202,572 in 2023.
- Zero officer compensation reported across all filings, maximizing program impact.
- Positive net income in most recent years (e.g., $202,572 revenue vs. $159,568 expenses in 2023).
- Growing asset base, from $54,417 in 2014 to $138,118 in 2023, indicating financial health.
- Minimal to no liabilities reported in recent filings, showing strong financial management.
Frequently Asked Questions about Wisdom Inc
Is Wisdom Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wisdom Inc (EIN: 201644135) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Wisdom Inc spend its money?
Wisdom Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wisdom Inc tax-deductible?
Wisdom Inc is registered as a tax-exempt nonprofit (EIN: 201644135). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Wisdom Inc's spending goes to programs?
Wisdom Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Wisdom Inc compare to similar nonprofits?
With a transparency score of 92/100 (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 Neenah, Wisconsin and files with the IRS under EIN 201644135. It is classified under NTEE code T70.
How many years of IRS 990 filings does Wisdom Inc have?
Wisdom Inc has 14 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 $305K in total revenue.
Is Wisdom Inc a good charity?
Based on the financial data, Wisdom Inc appears to be a very good charity. It consistently operates with a surplus, has growing assets, and most notably, reports 0% officer compensation, meaning funds are directly applied to its mission.
How has Wisdom Inc's revenue trended?
Wisdom Inc has shown a strong upward trend in revenue, increasing from $60,117 in 2014 to $202,572 in 2023, with the latest reported revenue at $305,286, indicating significant growth.
What is Wisdom Inc's financial stability?
Wisdom Inc demonstrates strong financial stability, with assets growing from $54,417 in 2014 to $138,118 in 2023, and minimal to no liabilities reported in recent years, indicating a healthy balance sheet.
Filing History
IRS 990 filing history for Wisdom Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Wisdom Inc's revenue has grown by 92%, moving from $105K to $203K. Total assets increased by 226.7% over the same period, from $42K to $138K. Total functional expenses rose by 73%, from $92K to $160K. In its most recent filing year (2023), Wisdom Inc reported a surplus of $43K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $203K | $160K | $138K | $0 | — | — |
| 2022 | $116K | $120K | $103K | $8K | — | View 990 |
| 2021 | $105K | $102K | $99K | $0 | — | View 990 |
| 2020 | $122K | $103K | $97K | $0 | — | — |
| 2019 | $115K | $100K | $74K | $0 | — | View 990 |
| 2018 | $93K | $96K | $58K | $0 | — | View 990 |
| 2017 | $98K | $76K | $62K | $230 | — | View 990 |
| 2016 | $65K | $69K | $39K | $230 | — | View 990 |
| 2015 | $77K | $87K | $44K | $230 | — | View 990 |
| 2014 | $60K | $52K | $54K | $230 | — | View 990 |
| 2013 | $94K | $70K | $46K | $230 | — | View 990 |
| 2012 | $71K | $91K | $22K | $0 | — | View 990 |
| 2011 | $101K | $101K | $42K | $0 | — | View 990 |
| 2010 | $105K | $92K | $42K | $275 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $203K, expenses of $160K, and assets of $138K (revenue +75.0% year-over-year).
- 2022: Revenue of $116K, expenses of $120K, and assets of $103K (revenue +10.2% year-over-year).
- 2021: Revenue of $105K, expenses of $102K, and assets of $99K (revenue -13.8% year-over-year).
- 2020: Revenue of $122K, expenses of $103K, and assets of $97K (revenue +5.5% year-over-year).
- 2019: Revenue of $115K, expenses of $100K, and assets of $74K (revenue +24.4% year-over-year).
- 2018: Revenue of $93K, expenses of $96K, and assets of $58K (revenue -5.5% year-over-year).
- 2017: Revenue of $98K, expenses of $76K, and assets of $62K (revenue +52.0% year-over-year).
- 2016: Revenue of $65K, expenses of $69K, and assets of $39K (revenue -15.7% year-over-year).
- 2015: Revenue of $77K, expenses of $87K, and assets of $44K (revenue +27.5% year-over-year).
- 2014: Revenue of $60K, expenses of $52K, and assets of $54K (revenue -35.8% year-over-year).
- 2013: Revenue of $94K, expenses of $70K, and assets of $46K (revenue +32.5% year-over-year).
- 2012: Revenue of $71K, expenses of $91K, and assets of $22K (revenue -29.7% year-over-year).
- 2011: Revenue of $101K, expenses of $101K, and assets of $42K (revenue -4.6% year-over-year).
- 2010: Revenue of $105K, expenses of $92K, and assets of $42K.
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.