Wisdom Inc is located in Wausau, 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 12/2023, Wisdom Inc generated $28.3k 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 (8.9%) each year. All expenses for the organization totaled $31.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 9 years. 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
2023
Describe the Organization's Program Activity:
Part 3
WISDOM INC DBA NAOMI INC HAS BEEN INVOLVED WITH INITIATIVES THAT SUPPORT THE INCLUSION, DIVERSITY, AND EQUITY FOR ALL, CONTINUING ADVOCACY TO CHANGE SYSTEMS AND POLICIES OF CRIMINAL JUSTICE REFORM, IMMIGRATION REFORM, POVERTY IMPROVEMENT, AND TRANSIT ACCESS.THE ORGANIZATION SUPPORTS INITIATIVES OF OUR PARENT ORGANIZATION, WISDOM, INC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bruce Chopp President | 1 | $0 | |
Mike Kolasinski Vice President | 1 | $0 | |
Kati Maier Secretary | 1 | $0 | |
Ron Alexander Treasurer | 1 | $0 | |
Dan Barth Director | 1 | $0 | |
Kathy Konle-Barth Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $12,310 |
Total Program Service Revenue | $11,419 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $4,534 |
Total Revenue | $28,263 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $550 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $31,316 |
Total expenses | $31,866 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $9,696 |
Other assets | $0 |
Total assets | $14,696 |
Total liabilities | $0 |
Net assets or fund balances | $14,696 |