Civic Intelligence

Wisdom Thinkers Network Inc

990EZ • Fiscal year 2019 • EIN 22-2420597

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 23, 2020

1736 State Route 5Elbridge, NY 13060-9747

(315) 440-1242

Siviq Scores

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

Liabilities / Assets

88th percentile

0.41x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

86th percentile

0.17x

Higher debt load relative to revenue than 86% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

60th percentile

8.1%

Higher net margin than 60% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

84th percentile

$21,000

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 37.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

86th percentile

57%

Faster asset growth than 86% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

41st percentile

-4.8%

Faster revenue growth than 41% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$23,317

Up $8,478 (+57%) from 2018

Net Assets

Up

$13,820

Up $4,591 (+50%) from 2018

Liabilities

Up

$9,497

Up $3,887 (+69%) from 2018

Revenue

Down

$56,817

Down $2,877 (-4.8%) from 2018

Expenses

Down

$52,226

Down $6,745 (-11%) from 2018

Net Income

Up

$4,591

Up $3,868 (+535%) from 2018

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

2019

Assets$23,317
Liabilities$9,497
Net Assets$13,820

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

2019

Revenue$56,817
Expenses$52,226
Net Income$4,591
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 23, 2020
Return Version
2019v5.0
Gross Receipts
$56,817
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.

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.

Program Services

DescriptionGrantsExpenses
WISDOM THINKERS NETWORK, A NEW YORK STATE-BASED NON-PROFIT ORGANIZATION, HAS DEVELOPED SEL AND CHARACTER EDUCATION CURRICULUM MODULES COVERING PRE-K THROUGH 12, DESIGNED TO ENCOURAGE CHILDREN TO DEVELOP A GREATER UNDERSTANDING OF THEMSELVES AND APPRECIATION OF THE DIVERSITY OF OTHERS IN THEIR SCHOOLS AND COMMUNITIES. THESE TRAITS BECOME EVEN MORE VALUABLE WHEN VIEWED IN THE CONTEXT OF CURRENT EVENTS EXACERBATED BY THE INTOLERANCE OF OUR DIFFERENCES.-$52,226
WISDOM THINKERS NETWORK, A NEW YORK STATE-BASED NON-PROFIT ORGANIZATION, HAS DEVELOPED SEL AND CHARACTER EDUCATION CURRICULUM MODULES COVERING PRE-K THROUGH 12, DESIGNED TO ENCOURAGE CHILDREN TO DEVELOP A GREATER UNDERSTANDING OF THEMSELVES AND APPRECIATION OF THE DIVERSITY OF OTHERS IN THEIR SCHOOLS AND COMMUNITIES. THESE TRAITS BECOME EVEN MORE VALUABLE WHEN VIEWED IN THE CONTEXT OF CURRENT EVENTS EXACERBATED BY THE INTOLERANCE OF OUR DIFFERENCES.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RALPH SINGH RAKIETENChair And CeFT$21,000-$21,000
JOGINDER KAUR RAKIETENSecretaryPT$0--
DAVID PASINSKITreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Wisdom Thinkers Network Inc
EIN
22-2420597
Phone
3154401242
Address
1736 STATE ROUTE 5, ELBRIDGE, NY 13060-9747

Signing Officer

Name
Ralph Singh Rakieten
Title
Chair and CEO
Phone
3154401242
Signed
2020-07-23
Discuss with paid preparer
Yes

Preparer

Firm
Cuomo Winters & Schmidt Cpas Pllc
Address
6315 FLY RD STE 108, EAST SYRACUSE, NY 13057-9316
Preparer
Mark Strong CPA
Phone
3154710465
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office equipment and furnishi 826 dues and subscriptions 435 office supplies 407 bank fees 232 ny charities filing fee 50 miscellaneous expense 820 telephone 54 payroll service 12 information tech. 430 travel 1,284 meals and entertainment 887 conferences and conv. 5,769 insurance 2,417 total 13,623

Form 990-ez, Part II, Line 24

Accounts receivable 4,000 5,000 total 4,000 5,000

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 5,610 9,497

Form 990-ez, Part III

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.

Form 990-ez, Part III, Line 28

Wisdom thinkers network, a new york state-based non-profit organization, has developed sel and character education curriculum modules covering pre-k through 12, designed to encourage children to develop a greater understanding of themselves and appreciation of the diversity of others in their schools and communities. These traits become even more valuable when viewed in the context of current events exacerbated by the intolerance of our differences.

Form 990-ez, Part III, Line 31

Wisdom thinkers network, a new york state-based non-profit organization, has developed sel and character education curriculum modules covering pre-k through 12, designed to encourage children to develop a greater understanding of themselves and appreciation of the diversity of others in their schools and communities. These traits become even more valuable when viewed in the context of current events exacerbated by the intolerance of our differences.

Raw XML Appendix141 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE EQUIPMENT AND FURNISHI 826 DUES AND SUBSCRIPTIONS 435 OFFICE SUPPLIES 407 BANK FEES 232 NY CHARITIES FILING FEE 50 MISCELLANEOUS EXPENSE 820 TELEPHONE 54 PAYROLL SERVICE 12 INFORMATION TECH. 430 TRAVEL 1,284 MEALS AND ENTERTAINMENT 887 CONFERENCES AND CONV. 5,769 INSURANCE 2,417 TOTAL 13,623
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 5,610 9,497
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4WISDOM THINKERS NETWORK, A NEW YORK STATE-BASED NON-PROFIT ORGANIZATION, HAS DEVELOPED SEL AND CHARACTER EDUCATION CURRICULUM MODULES COVERING PRE-K THROUGH 12, DESIGNED TO ENCOURAGE CHILDREN TO DEVELOP A GREATER UNDERSTANDING OF THEMSELVES AND APPRECIATION OF THE DIVERSITY OF OTHERS IN THEIR SCHOOLS AND COMMUNITIES. THESE TRAITS BECOME EVEN MORE VALUABLE WHEN VIEWED IN THE CONTEXT OF CURRENT EVENTS EXACERBATED BY THE INTOLERANCE OF OUR DIFFERENCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5WISDOM THINKERS NETWORK, A NEW YORK STATE-BASED NON-PROFIT ORGANIZATION, HAS DEVELOPED SEL AND CHARACTER EDUCATION CURRICULUM MODULES COVERING PRE-K THROUGH 12, DESIGNED TO ENCOURAGE CHILDREN TO DEVELOP A GREATER UNDERSTANDING OF THEMSELVES AND APPRECIATION OF THE DIVERSITY OF OTHERS IN THEIR SCHOOLS AND COMMUNITIES. THESE TRAITS BECOME EVEN MORE VALUABLE WHEN VIEWED IN THE CONTEXT OF CURRENT EVENTS EXACERBATED BY THE INTOLERANCE OF OUR DIFFERENCES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
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Filings