Wisdom Foundations

Organization Overview

Wisdom Foundations is located in Rio Rancho, NM. The organization was established in 2006. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wisdom Foundations 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 12/2023, Wisdom Foundations generated $419.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (22.9%) each year. All expenses for the organization totaled $9.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE AND FURTHER THE TEACHINGS OF THE WISDOM ESPECIALLY IN THE RIO RANCHO, NEW MEXICO AREA

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROMOTE AND FURTHER THE TEACHINGS OF THE WISDOM ESPECIALLY IN THE RIO RANCHO, NEW MEXICO AREA


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Board, Officers & Key Employees

Name (title)Compensation
Douglas Philhower
Chairman
$0
Naomi Philhower
Vice Chairwo
$0
Jeff Smith
Director
$0
Brenda Wenzel
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$399
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$399
Total Program Service Revenue$0
Investment income $20
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $419

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