Civic Intelligence

Wisdom Publications Inc

990 • Fiscal year 2014 • EIN 04-2979113

Jan 01, 2014 to Dec 31, 2014 • Filed on May 14, 2015

199 Elm StreetSomerville, MA 02144

(617) 776-7416

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

66th percentile

0.15x

Higher debt load relative to assets than 66% of similar nonprofits.

2014 filings • NTEE A • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

74th percentile

0.27x

Higher debt load relative to revenue than 74% of similar nonprofits.

2014 filings • NTEE A • $1M-$5M nonprofits • Source year 2014

Net Margin

57th percentile

6.6%

Higher net margin than 57% of similar nonprofits.

2014 filings • NTEE A • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

89th percentile

$137,845

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 6.8% of source-year revenue.

2014 filings • NTEE A • $1M-$5M nonprofits • Source year 2014

Asset Growth

62nd percentile

6.5%

Faster asset growth than 62% of similar nonprofits.

2014 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

55th percentile

6.3%

Faster revenue growth than 55% of similar nonprofits.

2014 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$3,517,668

Up $213,790 (+6.5%) from 2013

Net Assets

Up

$2,982,229

Up $132,788 (+4.7%) from 2013

Liabilities

Up

$535,439

Up $81,002 (+18%) from 2013

Revenue

Up

$2,013,011

Up $118,776 (+6.3%) from 2013

Expenses

Up

$1,880,223

Up $43,613 (+2.4%) from 2013

Net Income

Up

$132,788

Up $75,163 (+130%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $3,005,563Liabilities 2010: $546,811Net Assets 2010: $2,458,7522010Assets 2011: $3,056,817Liabilities 2011: $434,888Net Assets 2011: $2,621,9292011Assets 2012: $3,310,880Liabilities 2012: $519,065Net Assets 2012: $2,791,8152012Assets 2013: $3,303,878Liabilities 2013: $454,437Net Assets 2013: $2,849,4412013Assets 2014: $3,517,668Liabilities 2014: $535,439Net Assets 2014: $2,982,2292014Assets 2015: $3,939,338Liabilities 2015: $660,836Net Assets 2015: $3,278,5022015Assets 2016: $4,138,843Liabilities 2016: $656,037Net Assets 2016: $3,482,8062016Assets 2017: $4,516,961Liabilities 2017: $654,635Net Assets 2017: $3,862,3262017Assets 2018: $4,449,084Liabilities 2018: $496,233Net Assets 2018: $3,952,8512018Assets 2019: $4,482,640Liabilities 2019: $485,838Net Assets 2019: $3,996,8022019Assets 2020: $5,660,512Liabilities 2020: $929,264Net Assets 2020: $4,731,2482020Assets 2021: $5,853,594Liabilities 2021: $675,318Net Assets 2021: $5,178,2762021Assets 2022: $6,006,025Liabilities 2022: $1,012,233Net Assets 2022: $4,993,7922022Assets 2023: $5,794,258Liabilities 2023: $968,298Net Assets 2023: $4,825,9602023Assets 2024: $5,605,522Liabilities 2024: $822,972Net Assets 2024: $4,782,5502024

Highlighted filing

2014

Assets$3,517,668
Liabilities$535,439
Net Assets$2,982,229

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,393,4892010Expenses 2011: $1,679,8272011Expenses 2012: $1,740,2602012Revenue 2013: $1,894,235Expenses 2013: $1,836,610Net Income 2013: $57,6252013Revenue 2014: $2,013,011Expenses 2014: $1,880,223Net Income 2014: $132,7882014Revenue 2015: $1,985,208Expenses 2015: $1,750,001Net Income 2015: $235,2072015Revenue 2016: $1,766,275Expenses 2016: $1,561,971Net Income 2016: $204,3042016Revenue 2017: $1,986,190Expenses 2017: $1,606,670Net Income 2017: $379,5202017Revenue 2018: $1,818,627Expenses 2018: $1,728,102Net Income 2018: $90,5252018Revenue 2019: $2,050,564Expenses 2019: $2,006,613Net Income 2019: $43,9512019Revenue 2020: $2,493,633Expenses 2020: $1,759,187Net Income 2020: $734,4462020Revenue 2021: $2,285,943Expenses 2021: $1,838,915Net Income 2021: $447,0282021Revenue 2022: $1,965,035Expenses 2022: $2,149,519Net Income 2022: -$184,4842022Revenue 2023: $2,136,037Expenses 2023: $2,303,869Net Income 2023: -$167,8322023Revenue 2024: $2,107,412Expenses 2024: $2,150,820Net Income 2024: -$43,4082024

Highlighted filing

2014

Revenue$2,013,011
Expenses$1,880,223
Net Income$132,788
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 14, 2015
Return Version
2014v5.0
Gross Receipts
$2,433,206
Mission and Program Overview

Mission

To publish books to advance the education of the public with respect to buddhist religion, philisophy, and practice.

To publish books to advance the education of the public with respect to buddhist religion philosophy and practice

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$1,414,175$1,309,860▼ $104,315
Savings and Temporary Cash Investments$613,853$691,911▲ $78,058
Accounts Receivable$475,611$652,496▲ $176,885
Cash and Non-Interest-Bearing Accounts$345,540$401,595▲ $56,055
Land, Buildings, and Equipment, Net$250,633$239,653▼ $10,980
Investments in Publicly Traded Securities$55,215$55,221▲ $6
Total Assets$3,303,878$3,517,668▲ $213,790
Other Assets Total$148,851$166,932▲ $18,081
Liabilities
Other Liabilities$357,500$432,942▲ $75,442
Accounts Payable and Accrued Expenses$79,142$84,702▲ $5,560
Unsecured Notes Loans Payable$17,795$17,795→ $0
Total Liabilities$454,437$535,439▲ $81,002
Net Assets / Fund Balance
Unrestricted Net Assets$2,791,816$2,849,441▲ $57,625
Temporarily Rstr Net Assets$57,625$132,788▲ $75,163
Total Net Assets Fund Balance$2,849,441$2,982,229▲ $132,788
Total Liabilities and Net Assets / Fund Balance$3,303,878$3,517,668▲ $213,790

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$228,435$181,161-
Leasehold Improvements$11,218$7,450-
Other Assets Org$72,917--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Timothy McneillPresidentFT$137,845$137,845

Board Members and Trustees

NameTitle
Axel LebloisDirector
Brent FarmerDirectorsecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$122,948
Program Service Revenue
$0
Investment Income
$2,285
Other Revenue
$1,887,778
All Other Contributions
$122,948
Change in Net Assets
$132,788
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,247,982
Salaries, Compensation, and Employee Benefits$632,241
Total Fundraising Expense$45,948
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$304,870$112,760-$417,630
Other Expenses$323,625--$323,625
Royalties$286,336--$286,336
Office Expenses$181,000--$181,000
All Other Expenses$155,504$16,265-$171,769
Advertising$161,603--$161,603
Current Officers, Directors, Trustees, and Key Employees$45,949$45,948$45,948$137,845
Insurance-$76,956-$76,956
Payroll Taxes-$48,369-$48,369
Pension Plan Contributions-$28,397-$28,397
Depreciation Depletion-$10,980-$10,980
Fees for Services Accounting-$1,285-$1,285
Total Functional Expenses$1,493,315$340,960$45,948$1,880,223
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Royalties Payable$292,597
Other Accrued Liabilities$136,551
Nikaya Fund$5,718
Sales Tax Payable$-1,924
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The governing body is given a copy of form 990 for review and confirmation before filing

CEO executive director top management comp Part VI line 15A

The compensation committee including independent directors met and set compensation levels for ceo and other top management officials, comparable survey data for similar organizations was consulted, the meeting was minuted

Other officer or key employee compensation Part VI line 15B

The compensation committee including independent directors met and set compensation levels for the other officers and key employees, comparable survey data for similar organizations was consulted, the meeting was minuted

Governing documents etc available to public Part VI line 19

The governing documents are available to the public upon request

Filing and Contact Details

Filer

Filer Name
Wisdom Publications Inc
EIN
04-2979113
Address
199 ELM STREET, SOMERVILLE, MA 02144

Signing Officer

Name
Timothy Mcneill
Title
President
Phone
6177767416
Signed
2015-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Timothy Mcneill
Formed
1987
Legal Domicile
Ma
Voting Board Members
3
Independent Board Members
2
Employees
12

Preparer

Firm
John Piselli LLC
Address
17 WISWALL STREET, WEST NEWTON, MA 02465
Preparer
John Piselli
Phone
6175279496
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt057087
IRS990ScheduleA/Total509Grp/TotalAmt0511668
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0125233
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0169683
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt096384
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt073247
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt060194
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0524741
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ROYALTIES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER ACCRUED LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SALES TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3NIKAYA FUND
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt0166932
IRS990ScheduleD/TotalLiabilityAmt0432942
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE GOVERNING BODY IS GIVEN A COPY OF FORM 990 FOR REVIEW AND CONFIRMATION BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE COMPENSATION COMMITTEE INCLUDING INDEPENDENT DIRECTORS MET AND SET COMPENSATION LEVELS FOR CEO AND OTHER TOP MANAGEMENT OFFICIALS, COMPARABLE SURVEY DATA FOR SIMILAR ORGANIZATIONS WAS CONSULTED, THE MEETING WAS MINUTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE COMPENSATION COMMITTEE INCLUDING INDEPENDENT DIRECTORS MET AND SET COMPENSATION LEVELS FOR THE OTHER OFFICERS AND KEY EMPLOYEES, COMPARABLE SURVEY DATA FOR SIMILAR ORGANIZATIONS WAS CONSULTED, THE MEETING WAS MINUTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
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IRS990/TotalFunctionalExpensesGrp/TotalAmt01880223
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IRS990/TotalRevenueGrp/ExclusionAmt01890063
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03517668
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt017795
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt017795
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0WISDOMPUBS.ORG
IRS990/WhistleblowerPolicyInd0false
IRS990/WrittenPolicyOrProcedureInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TIMOTHY MCNEILL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06177767416
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WISDOM PUBLICATIONS INC
ReturnHeader/Filer/BusinessNameControlTxt0WISD
ReturnHeader/Filer/EIN0042979113
ReturnHeader/Filer/USAddress/AddressLine1Txt0199 ELM STREET
ReturnHeader/Filer/USAddress/CityNm0SOMERVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002144
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0460837920
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHN PISELLI LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt017 WISWALL STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WEST NEWTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002465
ReturnHeader/PreparerPersonGrp/PhoneNum06175279496
ReturnHeader/PreparerPersonGrp/PreparationDt02015-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN PISELLI
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-05-14T13:09:07-04:00
ReturnHeader/ReturnTypeCd0990

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.61$0.82$4.78$2.11$2.15$0.04
2023Detailed filing. Detailed filing data is available for this year.$5.79$0.97$4.83$2.14$2.30$0.17
2022Detailed filing. Detailed filing data is available for this year.$6.01$1.01$4.99$1.97$2.15$0.18
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.85$0.68$5.18$2.29$1.84$0.45
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.66$0.93$4.73$2.49$1.76$0.73
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.48$0.49$4.00$2.05$2.01$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.45$0.50$3.95$1.82$1.73$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.52$0.65$3.86$1.99$1.61$0.38
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.14$0.66$3.48$1.77$1.56$0.20
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.94$0.66$3.28$1.99$1.75$0.24
2014Detailed filing. Detailed filing data is available for this year.$3.52$0.54$2.98$2.01$1.88$0.13
2013Detailed filing. Detailed filing data is available for this year.$3.30$0.45$2.85$1.89$1.84$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.31$0.52$2.79$1.74
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.06$0.43$2.62$1.68
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.01$0.55$2.46$1.39
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • $1M-$5M nonprofits