Civic Intelligence

Wisdom Thinkers Network Inc

990EZ • Fiscal year 2021 • EIN 22-2420597

Jan 01, 2021 to Dec 31, 2021 • Filed on May 02, 2022

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

85th percentile

0.29x

Higher debt load relative to assets than 85% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

82nd percentile

0.15x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

26th percentile

-7.6%

Higher net margin than 26% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

86th percentile

$24,000

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 32.3% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

23rd percentile

-13%

Faster asset growth than 23% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

17th percentile

-48%

Faster revenue growth than 17% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$37,923

Down $5,709 (-13%) from 2020

Net Assets

Down

$26,867

Down $5,659 (-17%) from 2020

Liabilities

Down

$11,056

Down $50 (-0.5%) from 2020

Revenue

Down

$74,347

Down $68,331 (-48%) from 2020

Expenses

Down

$80,007

Down $43,965 (-35%) from 2020

Net Income

Down

-$5,660

Down $24,366 (-130%) from 2020

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

2021

Assets$37,923
Liabilities$11,056
Net Assets$26,867

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

2021

Revenue$74,347
Expenses$80,007
Net Income-$5,660
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 2, 2022
Return Version
2021v4.0
Gross Receipts
$74,347
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,USING MULTI-CULTURAL WISDOM STORIES DESIGNED TO ENCOURAGE CHILDREN TO DEVELOP A GREATER UNDERSTANDING OF THEMSELVES AND APPRECIATION OF THE DIVERSITY OF OTHERS IN THEIR SCHOOLS AND COMMUNITIES. THIS HELPS DETER BULLYING AND CREATES A SCHOOL CULTURE WHICH IS WELCOMING TO ALL STUDENTS. THESE TRAITS BECOME EVEN MORE VALUABLE WHEN VIEWED IN THE CONTEXT OF CURRENT EVENTS EXACERBATED BY THE INTOLERANCE OF OUR DIFFERENCES. EACH STORY ALSO HAS A SERVICE LEARNING/COMMUNITY SERVICE COMPONENT TO ENGAGE STUDENTS IN SOLVING THE PROBLEMS IN THEIR OWN COMMUNITIES.-$62,512
THROUGH OUR ROUNDTABLES,WE HELP BUILD INCLUSIVE COMMUNITIES - WHETHER IN A SCHOOL, A UNIVERSITY, ORGANIZATIONS, TOWNS, AND CITIES - OUR INTERACTIVE PRESENTATIONS ALLOW ALL STAKEHOLDERS TO CREATE THE TOOLS THEY NEED TO LIVE, STUDY, AND FLOURISH TOGETHER WITHOUT HATRED AND DIVISIVENESS. WE LIKE TO SAY, EVERYONE IS WELCOME, JUST LEAVE YOUR HATRED AT THE DOOR WE OFFER A TURN-KEY INTERGENERATIONAL ORAL HISTORY PROGRAM, "REWEAVING THE FABRIC." THIS PROJECT ALLOWS YOUNG PEOPLE TO CONNECT WITH THE ELDERS WHO BUILT THEIR COMMUNITIES, AND THROUGH THEIR STORIES LEARN AND VALUE THE CORE WISDOM OF THEIR REGION. WE HOPE THIS HELPS REBUILD A SENSE OF PRIDE IN OUR COMMUNITIES LARGELY LOST IN TODAY'S FAST-PACED WORLD. USING THE POWER OF STORY TO EXPLORE THE MISSING LINK BETWEEN CHARACTER EDUCATION AND A POSITIVE, ETHICAL CULTURE IN YOUR COMMUNITY, AND COUNTY WORKPLACES.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RALPH SINGH RAKIETENChair And CeFT$24,000-$24,000
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
2022-05-02
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 marketing exoense 288 dues and subscriptions 3,607 office supplies 2,199 bank fees 287 ny charities filing fee 100 miscellaneous expense 1,769 telephone 152 software 95 insurance 1,617 interest expense 332 total 10,446

Form 990-ez, Part II, Line 24

Accounts receivable 7,000 17,000 total 7,000 17,000

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,105 1,056 unsecured notes and loans payable 10,000 10,000

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,using multi-cultural wisdom stories designed to encourage children to develop a greater understanding of themselves and appreciation of the diversity of others in their schools and communities. This helps deter bullying and creates a school culture which is welcoming to all students. These traits become even more valuable when viewed in the context of current events exacerbated by the intolerance of our differences. Each story also has a service learning/community service component to engage students in solving the problems in their own communities.

Form 990-ez, Part III, Line 31

Through our roundtables,we help build inclusive communities - whether in a school, a university, organizations, towns, and cities - our interactive presentations allow all stakeholders to create the tools they need to live, study, and flourish together without hatred and divisiveness. We like to say, everyone is welcome, just leave your hatred at the door we offer a turn-key intergenerational oral history program, "reweaving the fabric." this project allows young people to connect with the elders who built their communities, and through their stories learn and value the core wisdom of their region. We hope this helps rebuild a sense of pride in our communities largely lost in today's fast-paced world. Using the power of story to explore the missing link between character education and a positive, ethical culture in your community, and county workplaces.

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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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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THROUGH OUR ROUNDTABLES,WE HELP BUILD INCLUSIVE COMMUNITIES - WHETHER IN A SCHOOL, A UNIVERSITY, ORGANIZATIONS, TOWNS, AND CITIES - OUR INTERACTIVE PRESENTATIONS ALLOW ALL STAKEHOLDERS TO CREATE THE TOOLS THEY NEED TO LIVE, STUDY, AND FLOURISH TOGETHER WITHOUT HATRED AND DIVISIVENESS. WE LIKE TO SAY, EVERYONE IS WELCOME, JUST LEAVE YOUR HATRED AT THE DOOR WE OFFER A TURN-KEY INTERGENERATIONAL ORAL HISTORY PROGRAM, "REWEAVING THE FABRIC." THIS PROJECT ALLOWS YOUNG PEOPLE TO CONNECT WITH THE ELDERS WHO BUILT THEIR COMMUNITIES, AND THROUGH THEIR STORIES LEARN AND VALUE THE CORE WISDOM OF THEIR REGION. WE HOPE THIS HELPS REBUILD A SENSE OF PRIDE IN OUR COMMUNITIES LARGELY LOST IN TODAY'S FAST-PACED WORLD. USING THE POWER OF STORY TO EXPLORE THE MISSING LINK BETWEEN CHARACTER EDUCATION AND A POSITIVE, ETHICAL CULTURE IN YOUR COMMUNITY, AND COUNTY WORKPLACES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MARKETING EXOENSE 288 DUES AND SUBSCRIPTIONS 3,607 OFFICE SUPPLIES 2,199 BANK FEES 287 NY CHARITIES FILING FEE 100 MISCELLANEOUS EXPENSE 1,769 TELEPHONE 152 SOFTWARE 95 INSURANCE 1,617 INTEREST EXPENSE 332 TOTAL 10,446
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 7,000 17,000 TOTAL 7,000 17,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,105 1,056 UNSECURED NOTES AND LOANS PAYABLE 10,000 10,000
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,USING MULTI-CULTURAL WISDOM STORIES DESIGNED TO ENCOURAGE CHILDREN TO DEVELOP A GREATER UNDERSTANDING OF THEMSELVES AND APPRECIATION OF THE DIVERSITY OF OTHERS IN THEIR SCHOOLS AND COMMUNITIES. THIS HELPS DETER BULLYING AND CREATES A SCHOOL CULTURE WHICH IS WELCOMING TO ALL STUDENTS. THESE TRAITS BECOME EVEN MORE VALUABLE WHEN VIEWED IN THE CONTEXT OF CURRENT EVENTS EXACERBATED BY THE INTOLERANCE OF OUR DIFFERENCES. EACH STORY ALSO HAS A SERVICE LEARNING/COMMUNITY SERVICE COMPONENT TO ENGAGE STUDENTS IN SOLVING THE PROBLEMS IN THEIR OWN COMMUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THROUGH OUR ROUNDTABLES,WE HELP BUILD INCLUSIVE COMMUNITIES - WHETHER IN A SCHOOL, A UNIVERSITY, ORGANIZATIONS, TOWNS, AND CITIES - OUR INTERACTIVE PRESENTATIONS ALLOW ALL STAKEHOLDERS TO CREATE THE TOOLS THEY NEED TO LIVE, STUDY, AND FLOURISH TOGETHER WITHOUT HATRED AND DIVISIVENESS. WE LIKE TO SAY, EVERYONE IS WELCOME, JUST LEAVE YOUR HATRED AT THE DOOR WE OFFER A TURN-KEY INTERGENERATIONAL ORAL HISTORY PROGRAM, "REWEAVING THE FABRIC." THIS PROJECT ALLOWS YOUNG PEOPLE TO CONNECT WITH THE ELDERS WHO BUILT THEIR COMMUNITIES, AND THROUGH THEIR STORIES LEARN AND VALUE THE CORE WISDOM OF THEIR REGION. WE HOPE THIS HELPS REBUILD A SENSE OF PRIDE IN OUR COMMUNITIES LARGELY LOST IN TODAY'S FAST-PACED WORLD. USING THE POWER OF STORY TO EXPLORE THE MISSING LINK BETWEEN CHARACTER EDUCATION AND A POSITIVE, ETHICAL CULTURE IN YOUR COMMUNITY, AND COUNTY WORKPLACES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 31
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