1 Wiser Consumer Education Inc

Organization Overview

1 Wiser Consumer Education Inc is located in Plano, TX. The organization was established in 2012. According to its NTEE Classification (P51) the organization is classified as: Financial Counseling, under the broad grouping of Human Services and related organizations. As of 10/2023, 1 Wiser Consumer Education Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 1 Wiser Consumer Education 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 10/2023, 1 Wiser Consumer Education Inc generated $312.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $407.3k during the year ending 10/2023. 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

1 WISER CONSUMER EDUCATION INC PROVIDES FINANCIAL LITERACY PROGRAMS TO INDIVIDUALS AND THEIR FAMILIES THAT AFE SUFFERING FROM FINANCIAL DISTRESS

Describe the Organization's Program Activity:

Part 3 - Line 4a

OUR CREDIT COUNSELING COURSE PROVIDES FINANCIAL EDUCATION WITH A FOCUS ON THE CLIENTS INCOME AND EXPENSES TO DEVELOP A WORKING BUDGET FOR THEIR HOUSEHOLD, OUR DEBTOR EDUCATION COURSE PROVIDES FINANCIAL EDUCATIONWITH A FOCUS ON MONEY MANAGEMENT AND WISEUSE OF CREDIT. AS A RESULT OF THE ERC CREDITS, 1 WISER IS REPORTING A NET LOSS FOR THE YEAR OF 94,987


OUR CREDIT COUNSELING COURSE PROVIDES FINANCIAL EDUCATION WITH A FOCUS ON THE CLIENTS INCOME AND EXPENSES TO DEVELOP A WORKING BUDGET FOR THEIR HOUSEHOLD, OUR DEBTOR EDUCATION COURSE PROVIDES FINANCIAL EDUCATIONWITH A FOCUS ON MONEY MANAGEMENT AND WISEUSE OF CREDIT. AS A RESULT OF THE ERC CREDITS, 1 WISER IS REPORTING A NET LOSS FOR THE YEAR OF 94,987


OUR CREDIT COUNSELING COURSE PROVIDES FINANCIAL EDUCATION WITH A FOCUS ON THE CLIENTS INCOME AND EXPENSES TO DEVELOP A WORKING BUDGET FOR THEIR HOUSEHOLD, OUR DEBTOR EDUCATION COURSE PROVIDES FINANCIAL EDUCATIONWITH A FOCUS ON MONEY MANAGEMENT AND WISEUSE OF CREDIT. AS A RESULT OF THE ERC CREDITS, 1 WISER IS REPORTING A NET LOSS FOR THE YEAR OF 94,987


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Director
$30,000
Name Not Listed
President
$30,000
Name Not Listed
Director
$30,000
Name Not Listed
President
$30,000
Name Not Listed
Director
$30,000
Name Not Listed
President
$30,000

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$312,357
Investment income $0
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 $312,357

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