Wisdom Inc
- Assets
- $141.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Eau Claire, WI
- Founding
- 07/2005
- Data as of
- 12/2021
- EIN
- 06-1835411
Organization Overview
Wisdom Inc is located in Eau Claire, WI. The organization was established in 2005. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Wisdom Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Wisdom Inc generated $165.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $120.5k during the year ending 12/2021. While expenses have increased by 8.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
LAUNCHED EFFORTS TO START A TENANT LANDLORD RESOURCE CENTER, CREATED A FUND AT THE CITY LEVEL FOR LANDLORDS WILLING TO OFFER AFFORDABLE UNITS, AND COLLABORATED ON MANY LEVELS TO ADDRESS THE NEED FOR MORE AFFORDABLE HOUSING.ENCOURAGED DECISION MAKERS TO INCREASE TRANSIT OPTIONS FOR THOSE THAT NEED IT, INCLUDING THE HOMELESS POPULATION, COLLABORATED WITH OTHER ORGANIZATIONS TO ADDRESS THE NEED TO BEGIN CONSTRUCTION OF A NEW TRANSIT CENTER THIS YEAR.EDUCATED BUSINESS OWNERS AND OTHERS REGARDING THE NEED TO GET METH PARAPHERNALIA OUT OF LOCAL STORES; CONTINUE TO CONNECT STORIES OF IMPACT OF THOSE WHO HAVE EXPERIENCED INCARCERATION AND IMMIGRANT FAMILIES TO LAW ENFORCEMENT AND THE GENERAL COMMUNITY.EMPOWERED RESIDENTS NEAR THE LANDFILL TO ADDRESS THEIR NEEDS FOR PROTECTION AND SUPPORTED THE COUNTY'S COMMITMENT TO CARBON NEUTRALITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Mckinney President | 3 | $0 | |
Mike Steuer Exec Vice President | 3 | $0 | |
Andy Thompson Vice President, Liason | 3 | $0 | |
Joanne Mellema Co-Secretary | 2 | $0 | |
Janine Tyler Co-Secretary | 2 | $0 | |
Pete Raleigh Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $147,086 |
| Total Program Service Revenue | $4,515 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,954 |
| Other Revenue | $0 |
| Total Revenue | $165,560 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $39,556 |
| Professional fees and other payments to independent contractors | $4,550 |
| Occupancy, rent, utilities, and maintenance | $1,205 |
| Printing, publications, postage, and shipping | $747 |
| Other expenses | $72,969 |
| Total expenses | $120,527 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $138,848 |
| Other assets | $0 |
| Total assets | $141,848 |
| Total liabilities | $0 |
| Net assets or fund balances | $141,848 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wisdom Inc has recieved totaling $7,300.
| Awarding Organization | Amount |
|---|---|
Wisdom Inc Milwaukee, WI PURPOSE: SOCIAL JUSTICE | $7,300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Jewish Foundation Bloomfield Hills, MI | $617,807,734 | $98,304,951 |
United Way Of Greater Milwaukee & Waukesha County Inc Milwaukee, WI | $57,056,595 | $64,052,238 |
Heart Of West Michigan United Way Grand Rapids, MI | $33,929,267 | $56,856,308 |
United Way Of Metropolitan Chicago Inc Chicago, IL | $58,068,035 | $46,184,540 |
Greater Twin Cities United Way Minneapolis, MN | $131,397,199 | $56,166,906 |
Jewish Federation Of Metropolitan Detroit Bloomfield Hills, MI | $47,934,420 | $53,063,745 |
Aurora Health Care Foundation Inc Milwaukee, WI | $332,167,553 | $7,899,285 |
United Way Of Central Iowa Des Moines, IA | $37,480,917 | $26,442,012 |
Minneapolis Jewish Federation Minneapolis, MN | $195,630,681 | $22,381,825 |
Milwaukee Jewish Federation Inc Milwaukee, WI | $275,238,952 | $33,191,987 |
United Way Of Dane County Inc Madison, WI | $25,467,311 | $22,528,941 |
Crown Family Foundation Chicago, IL | $468,729,562 | $19,005,366 |