Wisdom International Inc
EIN: 562244684 · Cary, NC · NTEE: X99
Is Wisdom International Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wisdom International Inc
Wisdom International Inc (EIN: 562244684) is a nonprofit organization based in Cary, NC, classified under NTEE code X99. The organization reported total revenue of $4.1M and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wisdom International Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Wisdom International 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 Wisdom International 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.
Frequently Asked Questions about Wisdom International Inc
Is Wisdom International Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wisdom International Inc (EIN: 562244684) insufficient data. 0 red flags identified, 0 strengths noted.
How does Wisdom International Inc spend its money?
Detailed spending breakdown data is not yet available for Wisdom International Inc. Check back for updated IRS 990 analysis.
Are donations to Wisdom International Inc tax-deductible?
Wisdom International Inc is registered as a tax-exempt nonprofit (EIN: 562244684). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Wisdom International Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wisdom International Inc's revenue has grown by 186.4%, moving from $705K to $2.0M. Total assets increased by 1124.6% over the same period, from $112K to $1.4M. Total functional expenses rose by 100.6%, from $836K to $1.7M. In its most recent filing year (2023), Wisdom International Inc reported a surplus of $342K, with revenue exceeding expenses. The organization holds $101K in liabilities against $1.4M in assets (debt-to-asset ratio: 7.4%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $1.7M | $1.4M | $101K | — | — |
| 2022 | $2.1M | $1.5M | $1.1M | $139K | — | — |
| 2021 | $1.6M | $1.3M | $495K | $215K | — | View 990 |
| 2020 | $1.2M | $1.4M | $356K | $316K | — | View 990 |
| 2019 | $1.0M | $1.1M | $334K | $143K | — | View 990 |
| 2018 | $1.0M | $901K | $375K | $136K | — | View 990 |
| 2017 | $825K | $831K | $329K | $226K | — | View 990 |
| 2016 | $769K | $794K | $359K | $250K | — | View 990 |
| 2015 | $822K | $725K | $188K | $54K | — | View 990 |
| 2014 | $774K | $772K | $134K | $98K | — | View 990 |
| 2013 | $710K | $716K | $107K | $73K | — | View 990 |
| 2012 | $681K | $651K | $120K | $80K | — | View 990 |
| 2011 | $705K | $836K | $112K | $101K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $1.7M, and assets of $1.4M (revenue -4.2% year-over-year).
- 2022: Revenue of $2.1M, expenses of $1.5M, and assets of $1.1M (revenue +34.0% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.3M, and assets of $495K (revenue +27.5% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.4M, and assets of $356K (revenue +20.9% year-over-year).
- 2019: Revenue of $1.0M, expenses of $1.1M, and assets of $334K (revenue -1.6% year-over-year).
- 2018: Revenue of $1.0M, expenses of $901K, and assets of $375K (revenue +25.9% year-over-year).
- 2017: Revenue of $825K, expenses of $831K, and assets of $329K (revenue +7.2% year-over-year).
- 2016: Revenue of $769K, expenses of $794K, and assets of $359K (revenue -6.5% year-over-year).
- 2015: Revenue of $822K, expenses of $725K, and assets of $188K (revenue +6.2% year-over-year).
- 2014: Revenue of $774K, expenses of $772K, and assets of $134K (revenue +9.0% year-over-year).
- 2013: Revenue of $710K, expenses of $716K, and assets of $107K (revenue +4.3% year-over-year).
- 2012: Revenue of $681K, expenses of $651K, and assets of $120K (revenue -3.5% year-over-year).
- 2011: Revenue of $705K, expenses of $836K, and assets of $112K.
Data Sources and Methodology
This transparency report for Wisdom International 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.