Civic Intelligence

Wisdom Thinkers Network Inc

990EZ • Fiscal year 2018 • EIN 22-2420597

Jan 01, 2018 to Dec 31, 2018 • Filed on May 20, 2019

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

88th percentile

0.38x

Higher debt load relative to assets than 88% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

82nd percentile

0.09x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

45th percentile

1.2%

Higher net margin than 45% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

36th percentile

-5.3%

Faster asset growth than 36% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

31st percentile

-12%

Faster revenue growth than 31% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$14,839

Down $824 (-5.3%) from 2017

Net Assets

Up

$9,229

Up $723 (+8.5%) from 2017

Liabilities

Down

$5,610

Down $1,547 (-22%) from 2017

Revenue

Down

$59,694

Down $8,232 (-12%) from 2017

Expenses

Down

$58,971

Down $21,596 (-27%) from 2017

Net Income

Up

$723

Up $13,364 (+106%) from 2017

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

2018

Assets$14,839
Liabilities$5,610
Net Assets$9,229

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

2018

Revenue$59,694
Expenses$58,971
Net Income$723
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 20, 2019
Return Version
2018v3.1
Gross Receipts
$59,694
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 Social Emotional and character education programs in schools with improved school climate showing the resulting better behavior and better grades2.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 Stories. Wisdom Thinkers Network, a New York State-based non-profit organization, has developed SEL and charact

Program Services

DescriptionGrantsExpenses
Program and Service Accomplishments: Now almost 18 years after 9-11, while much of the country is still struggling to find solutions to the divisiveness, "Stories to Light Our Way," has been embedded into several of the districts in Oswego County We've begun to change the story! Through our curriculum, children are challenged to contemplate each message and explore their own story. Each of the stories currently available offers complete lesson plans correlated to grade-appropriate Common Core Standards. Stories to Light Our Way, narrated versions (currently available on CD), onsite presentations, and our staff support lend school programs a high-quality instructional component that will favorably impact their program outcomes. The multi-cultural component makes them DASA compliant, aligned with the Social Emotional Competencies, and a critical piece in deterring bullying by building cross-cultural understanding. See our intra video -Wisdom Stories - A Simple Approach to Social Emotional Learning. https : //youtu.be/JVJFbALOvrQUsing the award-winning Stories to Light Our Way, we help create a school climate that honors diversity, nurtures character, and discourages bullying. We create resources which embed SEL and Character Ed Lesson Plans Seamlessly into Common Core ELA, and with cross - cultural understanding.We feel that we have a powerful approach to deterring the systemic problem of bullying in elementary schools, by creating a culture with the stories where bullying is not acceptable, while instructing the children on how to spot and deter bullying behavior through the games.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. 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 other's 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 - We 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 andtheir families together with those they interviewed for an evening to share the history and envision the future of their community together. https://youtu.be/X7L3W3bQOPwhttps://youtu.be/QCh0__PFrKgService 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 CSEE's Dr. David Streight. Student leadership teams have led multi-generational environmental cleanup projects, other schools have held tree plantings linked to earth day. Through our roundtables 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 today's world and critical to a thriving democracy.Ralph Singh, our Chair and CEO, developed and conducted professional development workshops in schools, for school board associations, regional and state-wide organizations and was an invited, featured presenter at national and international conferences. In addition, he attended and represented Wisdom Thinkers at 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 troubledteens. We have found them to be especially effective for populations other consider difficult learners with a corresponding improvement in both behavior and academics. Based on these demographics our impact reached over 30,000 individuals.$54,398-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RALPH SINGH RAKIETENChair And CEOFT$0--
JOGINDER KAUR RAKIETENSecretary-$0--
DAVID PASINSKITreasurer-$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
2019-05-20
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.1003

Information Technology $85

Other Expenses.1005

Travel $2147

Other Expenses.1007

Conferences, Conventions, and Meetings $5069

Other Expenses.1012

Insurance $704

Other Expenses.1

G&O EXPENSE $3051

Other Expenses.2

BANK FEES $211

Other Expenses.3

Program Supplies $50

Other Expenses.4

Charities registration $50

Other Expenses.5

MISCELLANEOUS $31

Other Expenses.6

MEALS $9

Other Assets.1005

Accounts Receivable - Beginning $13500 Accounts Receivable - Ending $4000

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $7157 Accounts Payable and Accrued Expenses - Ending $5610

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