Wisdom Of The Elders Incorporated
EIN: 931164114 · Portland, OR · NTEE: A23
| Metric | Value |
|---|---|
| Total Revenue | $809K |
| Total Expenses | $1.0M |
| Net Assets | $262K |
Is Wisdom Of The Elders Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wisdom Of The Elders Incorporated
Wisdom Of The Elders Incorporated (EIN: 931164114) is a nonprofit organization based in Portland, OR, classified under NTEE code A23. The organization reported total revenue of $809K and total assets of $155K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wisdom Of The Elders Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wisdom Of The Elders Incorporated is a small nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$35K |
| Total Assets | $293K |
| Total Liabilities | $31K |
| Net Assets | $262K |
| Operating Margin | 3.3% |
| Debt-to-Asset Ratio | 10.7% |
| Months of Reserves | 3.5 months |
Financial Health Grade: A
In 2023, Wisdom Of The Elders Incorporated reported a surplus of $35K with revenue exceeding expenses, holds 3.5 months of operating reserves (adequate), has a debt-to-asset ratio of 10.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Wisdom Of The Elders Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 15.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +35.5% | +42.5% | +12.3% |
| 2022 | +11.7% | +19.6% | +23.9% |
| 2021 | +23.5% | +21.1% | +108.3% |
| 2020 | +3.6% | -25.3% | +90.1% |
| 2019 | -4.4% | -0.1% | -71.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wisdom Of The Elders Incorporated 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 Of The Elders Incorporated 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 $35K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.7%.
Frequently Asked Questions about Wisdom Of The Elders Incorporated
Is Wisdom Of The Elders Incorporated a legitimate charity?
Wisdom Of The Elders Incorporated (EIN: 931164114) is a registered tax-exempt nonprofit based in Oregon. It has 13 years of IRS 990 filings on record. Total revenue: $809K. No red flags identified. Financial health grade: A.
How does Wisdom Of The Elders Incorporated spend its money?
Wisdom Of The Elders Incorporated reported $809K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wisdom Of The Elders Incorporated tax-deductible?
Wisdom Of The Elders Incorporated is registered as a tax-exempt nonprofit (EIN: 931164114). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wisdom Of The Elders Incorporated located?
Wisdom Of The Elders Incorporated is headquartered in Portland, Oregon and files with the IRS under EIN 931164114. It is classified under NTEE code A23.
How many years of IRS 990 filings does Wisdom Of The Elders Incorporated have?
Wisdom Of The Elders Incorporated has 13 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 $809K in total revenue.
Filing History
IRS 990 filing history for Wisdom Of The Elders Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wisdom Of The Elders Incorporated's revenue has grown by 466.2%, moving from $185K to $1.0M. Total assets increased by 278.2% over the same period, from $77K to $293K. Total functional expenses rose by 351.3%, from $224K to $1.0M. In its most recent filing year (2023), Wisdom Of The Elders Incorporated reported a surplus of $35K, with revenue exceeding expenses. The organization holds $31K in liabilities against $293K in assets (debt-to-asset ratio: 10.7%), resulting in net assets of $262K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $1.0M | $293K | $31K | — | — |
| 2022 | $772K | $710K | $261K | $25K | — | View 990 |
| 2021 | $691K | $593K | $211K | $37K | — | View 990 |
| 2020 | $559K | $490K | $101K | $34K | — | View 990 |
| 2019 | $540K | $656K | $53K | $47K | — | View 990 |
| 2018 | $565K | $656K | $189K | $67K | — | View 990 |
| 2017 | $438K | $632K | $250K | $37K | — | View 990 |
| 2016 | $763K | $512K | $393K | $-5,425 | — | View 990 |
| 2015 | $359K | $252K | $131K | $8K | — | View 990 |
| 2014 | $209K | $241K | $15K | $-43 | — | View 990 |
| 2013 | $187K | $198K | $50K | $3K | — | View 990 |
| 2012 | $240K | $219K | $58K | $868 | — | View 990 |
| 2011 | $185K | $224K | $77K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $1.0M, and assets of $293K (revenue +35.5% year-over-year).
- 2022: Revenue of $772K, expenses of $710K, and assets of $261K (revenue +11.7% year-over-year).
- 2021: Revenue of $691K, expenses of $593K, and assets of $211K (revenue +23.5% year-over-year).
- 2020: Revenue of $559K, expenses of $490K, and assets of $101K (revenue +3.6% year-over-year).
- 2019: Revenue of $540K, expenses of $656K, and assets of $53K (revenue -4.4% year-over-year).
- 2018: Revenue of $565K, expenses of $656K, and assets of $189K (revenue +28.9% year-over-year).
- 2017: Revenue of $438K, expenses of $632K, and assets of $250K (revenue -42.6% year-over-year).
- 2016: Revenue of $763K, expenses of $512K, and assets of $393K (revenue +112.8% year-over-year).
- 2015: Revenue of $359K, expenses of $252K, and assets of $131K (revenue +71.3% year-over-year).
- 2014: Revenue of $209K, expenses of $241K, and assets of $15K (revenue +12.2% year-over-year).
- 2013: Revenue of $187K, expenses of $198K, and assets of $50K (revenue -22.1% year-over-year).
- 2012: Revenue of $240K, expenses of $219K, and assets of $58K (revenue +29.7% year-over-year).
- 2011: Revenue of $185K, expenses of $224K, and assets of $77K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wisdom Of The Elders Incorporated:
Data Sources and Methodology
This transparency report for Wisdom Of The Elders Incorporated 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.