Wisdom & Money
- Assets
- $332.0k
- Revenue
- $428.1k
- Investments
- $0.0
- Employees
- 5
- Location
- Menlo Park, CA
- Founding
- 02/2016
- Data as of
- 12/2021
- EIN
- 47-5520977
Organization Overview
Wisdom & Money is located in Menlo Park, CA. The organization was established in 2016. According to its NTEE Classification (W11) the organization is classified as: Single Organization Support, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Wisdom & Money employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wisdom & Money 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 & Money generated $428.1k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $256.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WISDOM & MONEY OFFERS RETREATS, SPIRITUAL COMPANIONING, WRITTEN REFLECTIONS, AND WORKSHOPS DESIGNED TO ENCOURAGE PEOPLE OF WEALTH AND PEOPLE FROM A CULTURE OF WEALTH TO ENGAGE WITH MONEY AS A DOORWAY TO SPIRITUAL TRANSFORMATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WISDOM & MONEY OFFERED A VARIETY OF RETREATS AND GATHERINGS INTENDED TO ALLOW PEOPLE TO EXPLORE THE INTERSECTION OF WEALTH, SPIRITUALITY, AND SOCIAL JUSTICE.
WISDOM & MONEY OFFERED A VARIETY OF REFLECTIONS DESIGNED TO ENCOURAGE AND INSPIRE PEOPLE TO MAKE FINANCIAL DECISIONS THAT ARE ALIGNED WITH SPIRITUAL VALUES AND IN SERVICE OF SOCIAL JUSTICE.
WISDOM & MONEY ENGAGED IN A VARIETY OF ACTIVITIES DESIGNED TO STRENGTHEN SKILLS IN BUILDING PARTNERSHIPS AND MAKING FINANCIAL DECISIONS THAT SUPPORT THE WELL-BEING OF ALL PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rosemary Feerick President Co-Director | OfficerTrustee | 40 | $101,927 |
Steven Bonsey Co-Director | OfficerTrustee | 40 | $0 |
Nancy Thurston Board Chair | OfficerTrustee | 3 | $0 |
Bernard Murphy Treasurer | Officer | 1 | $0 |
Noa Mohlabane Secretary | Trustee | 1 | $0 |
Lillie Allen Director | Trustee | 1 | $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 | $397,103 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $397,103 |
| Total Program Service Revenue | $21,600 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $9,374 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $428,077 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $101,927 |
| Compensation of current officers, directors, key employees. | $50,964 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $53,276 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,749 |
| Payroll taxes | $14,934 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,138 |
| Fees for services: Accounting | $11,343 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,326 |
| Advertising and promotion | $0 |
| Office expenses | $13,063 |
| Information technology | $2,062 |
| Royalties | $0 |
| Occupancy | $5,575 |
| Travel | $22,801 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,937 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,616 |
| All other expenses | $0 |
| Total functional expenses | $256,747 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $330,091 |
| Savings and temporary cash investments | $1,208 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $669 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $331,968 |
| Accounts payable and accrued expenses | $7,022 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,022 |
| Net assets without donor restrictions | $324,946 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $331,968 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Wisdom & Money has recieved totaling $267,115.
| Awarding Organization | Amount |
|---|---|
Judy Ann Bork Charitable Tr Pasadena, CA PURPOSE: SUSTAINING FOUNDER GRANT IN SUPPORT OF PHILANTHROPY | $75,000 |
Judy Ann Bork Charitable Tr Pasadena, CA PURPOSE: SUSTAINING FOUNDER GRANT IN SUPPORT OF PHILANTHROPY | $75,000 |
Center For Action And Contemplation Inc Albuquerque, NM PURPOSE: SUPPORTS TRAILBLAZING INSTITUTE, A COLLABORATION WITH BE PRESENT THAT INVITES INDIVIDUALS TO ENGAGE WITH MONEY AS A DOORWAY TO SPIRITUAL TRANSFORMATION AT THE PERSONAL, COMMUNAL, AND SYSTEMIC LEVELS. | $50,000 |
Impactassets Inc Bethesda, MD PURPOSE: GENERAL SUPPORT | $50,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $9,115 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $8,000 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bardeen Partners Inc Irvine, CA | $221,953,090 | $8,491,991 |
Eic Qalicb Inc San Jose, CA | $0 | $8,365,569 |
Auxilium Inc Phoenix, AZ | $534,753 | $1,963,687 |
Bishop Gorman Development Corporation Las Vegas, NV | $36,116,294 | $2,816,340 |
County Of Mono Economic Development Corporation Bridgeport, CA | $20,790,900 | $998,764 |
Oregon State Capitol Foundation Salem, OR | $1,845,972 | $632,873 |
Inland Empire Community Collaborative San Bernardino, CA | $718,042 | $825,568 |
Natan Foundation La Jolla, CA | $5,304,765 | $504,348 |
Mendocino County Public Facilities Corporation Ukiah, CA | $38,712,393 | $1,864,827 |
The American Friends Of The Citizens Empowerment Ctr In Israel Beverly Hills, CA | $1,447 | $561,000 |
Santa Barbara Public Library Foundation Santa Barbara, CA | $3,473,358 | $1,440,574 |
Wisdom & Money Menlo Park, CA | $331,968 | $428,077 |