Civic Intelligence

Wisdom Thinkers Network Inc

990EZ • Fiscal year 2017 • EIN 22-2420597

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 25, 2018

1736 State Route 5Elbridge, NY 13060

(315) 440-1242

Siviq Scores

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

Liabilities / Assets

89th percentile

0.46x

Higher debt load relative to assets than 89% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

82nd percentile

0.11x

Higher debt load relative to revenue than 82% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

17th percentile

-19%

Higher net margin than 17% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

14th percentile

-32%

Faster asset growth than 14% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

25th percentile

-18%

Faster revenue growth than 25% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$15,663

Down $7,370 (-32%) from 2016

Net Assets

Down

$8,506

Down $12,641 (-60%) from 2016

Liabilities

Up

$7,157

Up $5,271 (+279%) from 2016

Revenue

Down

$67,926

Down $15,017 (-18%) from 2016

Expenses

Up

$80,567

Up $4,441 (+5.8%) from 2016

Net Income

Down

-$12,641

Down $19,458 (-285%) from 2016

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2012: $3,125Net Assets 2012: $3,1252012Assets 2015: $12,012Net Assets 2015: $12,0122015Assets 2016: $23,033Liabilities 2016: $1,886Net Assets 2016: $21,1472016Assets 2017: $15,663Liabilities 2017: $7,157Net Assets 2017: $8,5062017Assets 2018: $14,839Liabilities 2018: $5,610Net Assets 2018: $9,2292018Assets 2019: $23,317Liabilities 2019: $9,497Net Assets 2019: $13,8202019Assets 2020: $43,632Liabilities 2020: $11,106Net Assets 2020: $32,5262020Assets 2021: $37,923Liabilities 2021: $11,056Net Assets 2021: $26,8672021Assets 2022: $30,208Liabilities 2022: $5,673Net Assets 2022: $24,5352022Assets 2023: $25,875Liabilities 2023: $1,965Net Assets 2023: $23,9102023Assets 2024: $20,736Liabilities 2024: $3,295Net Assets 2024: $17,4412024

Highlighted filing

2017

Assets$15,663
Liabilities$7,157
Net Assets$8,506

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2012: $58,148Expenses 2012: $72,895Net Income 2012: -$14,7472012Revenue 2015: $60,953Expenses 2015: $72,551Net Income 2015: -$11,5982015Revenue 2016: $82,943Expenses 2016: $76,126Net Income 2016: $6,8172016Revenue 2017: $67,926Expenses 2017: $80,567Net Income 2017: -$12,6412017Revenue 2018: $59,694Expenses 2018: $58,971Net Income 2018: $7232018Revenue 2019: $56,817Expenses 2019: $52,226Net Income 2019: $4,5912019Revenue 2020: $142,678Expenses 2020: $123,972Net Income 2020: $18,7062020Revenue 2021: $74,347Expenses 2021: $80,007Net Income 2021: -$5,6602021Revenue 2022: $101,544Expenses 2022: $103,876Net Income 2022: -$2,3322022Revenue 2023: $88,607Expenses 2023: $89,232Net Income 2023: -$6252023Revenue 2024: $56,179Expenses 2024: $62,333Net Income 2024: -$6,1542024

Highlighted filing

2017

Revenue$67,926
Expenses$80,567
Net Income-$12,641
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 25, 2018
Return Version
2017v2.2
Gross Receipts
$69,974
Mission and Program Overview

Mission

To strengthen our social fabric and foster a more compassionate, inclusive, civil society by reweaving the wisdom of our traditional stories, both sacred and secular, and new understandings into education and public life.

Schedule O - 2016Purpose: To strengthen our social fabric and foster a more compassionate, inclusive, civil society, by reweaving the wisdom of our traditional stories, both sacred and secular, and new understandings into education and public life.This year, we focused on two key areas which combine our character education in schools with our community building and consciousness raising roundtables.1)the link between our successful story based character education programs in schools with improved school climate showing the resulting better behavior and better grades 2)the link between our story-based character education programs in school with the development of a more engaged citizenry and a better workforce. In short, 2 key areas for our children and the future of our society.Stories to Light Our Way Changing the face of the world through the power of storiesWisdom Thinkers Network, a New York State-based non-profit organization, has developed SEL and character education curriculum m

Program Services

DescriptionGrantsExpenses
Program and Service Accomplishments Our Community Engagement Roundtables reconnecting the generations, restoring civility, and changing the dominant narrative to nurture engaged compassionate citizens. While our previous roundtables were successful in bringing diverse groups of thought leaders together to create a shared narrative, we wanted a closer link between our stories in schools and the need for character education in schools, and emphasize the link between character education and workforce development. So we designed a replicable model introducing a county-wide initiative to spread the message of our stories with our roundtable. The project, entitled Inspire Oswego County, that brings educators, community and business leaders together, to focus on Why our children are failing the tests of life? Our goals is to equip all our children with the foundation needed for a meaningful life in School, Community, and the Workplace so they can become successful in their careers, caring, responsible citizens, and fulfilled in their lives. We want to bring renewed hope to often neglected parts of rural (and urban) America. Oswego County is the 2nd poorest county in NY State. We feel that if we can learn to listen to and honor each others stories we can once again create a sense of community among diverse individuals which will overcome the fear and hatred which dominate our current landscape. We want to highlight the need for a shared narrative to reweave the fabric of our society and provide opportunities for people to break through the ideological gridlock and develop a sense of shared values again. Turn-key oral history projects - http://bit.ly/2b5HzoXWe created a turn-key oral history projects which pull the generations together while instilling pride in the community which encourages students to stay in their communities and make a difference (change the story). Fulton High School English classes partnered with us to video interviews with community elders. This culminated in Gathering Around the Stories of Fulton, bringing the students and their families together with those they interviewed for an evening to share the history and envision the future of their community together. Hannibal successfully used the project to transition students from middle to high school and found they all rose in their academics due to the engagement. https://youtu.be/qxAWWbpeY0kService Learning is key to social engagement. We link project and problem based learning to student generated service learning projects to solve some key injustices poverty, elder neglect, bullying, intolerance, and environmental degradation to name a few. Our Change the Story, game was endorsed by Dr. Richard Weissbourd at Harvard Graduate School of Education, and CSEEs Dr. David Streight. This year Sandy Creeks Wisdom Thinkers student leadership team led a multi-generational environmental cleanup project along the creek. Other schools have held tree plantings linked to earth day. In the Community, our Inspiring Oswego County initiative brings educators, community and business leaders together to work for the benefit of our children and communities. We focus on sharing personal stories to bring people together. Breaking down barriers and breaking through the ideological gridlock to change the dominant narrative of conflict and distrust to a shared narrative of peace, for our children and our communities. Through our roundtables and Community Strengths Institute, we create safe-space and opportunities for adults to come together to share their stories and allow a shared-narrative to emerge. Out of these friendships and alliances, based on shared values, the group works with student leaders to improve their communities, breeding the engaged citizenry so missing in todays world and critical to a thriving democracy.We began a multi-year project to expand county-wide, our successful pilot in Cleveland Elementary school, a national blue ribbon school, which won a state and national school of character awards. Participating districts include, Central Square, Fulton, Sandy Creek, and CiTi (Oswego County BOCES).With local funding from Pathfinder Bank, the Shineman Foundation, the John Ben Snow Foundation, the Jim and Juli Boeheim Foundation, and additional corporate sponsors, we began expanding the stories into other Oswego county schools. This will provide an opportunity to show the stories can help change the culture of the county.Ralph Singh, our Chair and CEO, developed and conducted 6 professional development workshops in schools, for school board associations, regional and state-wide organizations and was an invited, featured presenter at 2 national and international conferences. In addition, he attended and represented Wisdom Thinkers at 2 additional national conferences. The stories are now being used in over 200 locations nationwide. They are also used by religious and interfaith educators, in college courses, with additional applications for conflict resolution, reconciliation programs, and with troubled teens. We have found them to be especially effective for the hard-to-teach populations with a corresponding improvement in both behavior and academics. Based on these demographics our impact reached over 30,000 individuals.$80,528-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RALPH SINGH RAKIETENChair And CEOFT$0--
JOGINDER KAUR RAKIETENSecretary-$0--
JEFFREY SHAWTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Wisdom Thinkers Network Inc
EIN
22-2420597
Phone
3154401242
Address
1736 STATE ROUTE 5, ELBRIDGE, NY 13060

Signing Officer

Name
Ralph Singh Rakieten
Title
President & CEO
Signed
2018-06-25
Discuss with paid preparer
Yes

Preparer

Firm
Cuomo Winters & Schmidt CPAs PLLC
Address
6315 Fly Road Suite 108, East Syracuse, NY 13057
Preparer
Maryann Winters CPA
Phone
3154710465
Supplemental Narrative

Additional Explanations

Other Expenses.1005

Travel $1211

Other Expenses.1007

Conferences, Conventions, and Meetings $6856

Other Expenses.1012

Insurance $1897

Other Expenses.1

Education prog consultant $16685

Other Expenses.2

Business and organ consultant $7425

Other Expenses.3

web development $5902

Other Expenses.4

Speaker Fees $3685

Other Expenses.5

Program Supplies $2599

Other Expenses.6

Meetings and Events $2146

Other Expenses.7

Videographer $1900

Other Expenses.8

Computer Technology $1840

Other Expenses.9

IT consulting $1830

Other Expenses.10

grant writing $1500

Other Expenses.11

public relations $1130

Other Expenses.12

Meals $945

Other Expenses.13

Accounting/bookeeping $870

Other Expenses.14

Prof Development & Evaluation $650

Other Expenses.15

Internet $601

Other Expenses.16

Bank fees $520

Other Expenses.17

Miscellaneous $343

Other Expenses.18

Marketing $275

Other Expenses.19

consulting fees $215

Other Expenses.20

Telephone $214

Other Expenses.22

Dues & Memberships $6

Other Assets.1005

Accounts Receivable - Beginning $0 Accounts Receivable - Ending $13500

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $1886 Accounts Payable and Accrued Expenses - Ending $7157

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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Maryann Winters CPA
ReturnHeader/ReturnTs02018-06-25T06:32:38-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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