Civic Intelligence

Village of Wisdom

EIN 47-2060936 • 501(c)3 • Durham, NC

Profile

We work with families to protect Black Genius, by organizing and mobilizing a community of families committed to the healthy development and reflection of Black youth.

600 E Umstead StDurham, NC 27701

www.villageofwisdom.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

38th percentile

0.06x

Higher debt load relative to assets than 38% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

38th percentile

0.09x

Higher debt load relative to revenue than 38% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

8th percentile

-37%

Higher net margin than 8% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

44th percentile

$114,716

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

9th percentile

-15%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

8th percentile

-36%

Faster revenue growth than 8% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$5,403,371

Down $983,094 (-15%) from 2023

Liabilities

Up

$314,590

Up $314,590 from 2023

Net Assets

Down

$5,088,781

Down $1,297,684 (-20%) from 2023

Revenue

Down

$3,498,393

Down $1,972,722 (-36%) from 2023

Expenses

Up

$4,796,077

Up $1,290,238 (+37%) from 2023

Net Income

Down

-$1,297,684

Down $3,262,960 (-166%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2015: $78,318Liabilities 2015: $0Net Assets 2015: $78,3182015Assets 2016: $312,789Liabilities 2016: $0Net Assets 2016: $312,7892016Assets 2017: $165,829Liabilities 2017: $0Net Assets 2017: $165,8292017Assets 2018: $228,737Liabilities 2018: $0Net Assets 2018: $228,7372018Assets 2019: $238,170Liabilities 2019: $0Net Assets 2019: $238,1702019Assets 2020: $1,155,812Liabilities 2020: $0Net Assets 2020: $1,155,8122020Assets 2021: $2,699,449Liabilities 2021: $0Net Assets 2021: $2,699,4492021Assets 2022: $4,429,084Liabilities 2022: $0Net Assets 2022: $4,429,0842022Assets 2023: $6,386,465Liabilities 2023: $0Net Assets 2023: $6,386,4652023Assets 2024: $5,403,371Liabilities 2024: $314,590Net Assets 2024: $5,088,7812024

Highlighted filing

2024

Assets$5,403,371
Liabilities$314,590
Net Assets$5,088,781

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2015: $93,951Expenses 2015: $16,133Net Income 2015: $77,8182015Revenue 2016: $396,525Expenses 2016: $165,650Net Income 2016: $230,8752016Revenue 2017: $77,747Expenses 2017: $224,707Net Income 2017: -$146,9602017Revenue 2018: $394,977Expenses 2018: $342,348Net Income 2018: $52,6292018Revenue 2019: $552,582Expenses 2019: $533,554Net Income 2019: $19,0282019Revenue 2020: $1,769,265Expenses 2020: $850,385Net Income 2020: $918,8802020Revenue 2021: $2,499,958Expenses 2021: $956,321Net Income 2021: $1,543,6372021Revenue 2022: $3,866,824Expenses 2022: $2,137,189Net Income 2022: $1,729,6352022Revenue 2023: $5,471,115Expenses 2023: $3,505,839Net Income 2023: $1,965,2762023Revenue 2024: $3,498,393Expenses 2024: $4,796,077Net Income 2024: -$1,297,6842024

Highlighted filing

2024

Revenue$3,498,393
Expenses$4,796,077
Net Income-$1,297,684

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.2
Gross Receipts
$3,498,393
Mission and Program Overview

Mission

We work with families to protect Black Genius, by organizing and mobilizing a community of families committed to the healthy development and reflection of Black youth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$6,386,465$5,088,781▼ $1,297,684
Savings and Temporary Cash Investments$3,609,079$2,773,934▼ $835,145
Cash and Non-Interest-Bearing Accounts$2,777,386$1,879,437▼ $897,949
Total Assets$6,386,465$5,403,371▼ $983,094
Other Assets Total-$750,000-
Liabilities
Accounts Payable and Accrued Expenses-$257,643-
Unsecured Notes Loans Payable-$56,947-
Total Liabilities$0$314,590▲ $314,590
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,386,465$5,088,781▼ $1,297,684
Total Liabilities and Net Assets / Fund Balance$6,386,465$5,403,371▼ $983,094

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$750,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
William JacksonExecutive DirectorFT$114,716$114,716
Dawn HendersonStrategy DirectorOpsFT$104,205$104,205

Board Members and Trustees

NameTitle
Brittney BennettBoard Chair
Cornell WatsonBoard Member
Malika Graham-BaileyBoard Member
Leah AdenijiBoard Member At Large
Rashida JamesBoard Member At Large
Randi TownsBoard Treasurer
Gerald HarrisSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$3,366,815
Program Service Revenue
$0
Investment Income
$131,578
Other Revenue
$0
All Other Contributions
$3,366,815
Change in Net Assets
$-1,297,684
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,948,236
Salaries, Compensation, and Employee Benefits$1,847,841
Total Fundraising Expense$153,841
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$903,436$529,729-$1,433,165
Other Salaries and Wages$841,163$233,399$99,977$1,174,539
Information Technology$590,329$70,453-$660,782
Other Employee Benefits$420,136$116,704$46,682$583,522
Fees for Services Management$309,415--$309,415
Office Expenses$2,392$239,409-$241,801
Travel-$115,002-$115,002
Payroll Taxes$64,642$17,956$7,182$89,780
All Other Expenses$47,383--$47,383
Fees for Services Accounting-$42,435-$42,435
Conferences and Meetings-$22,042-$22,042
Fees for Services Legal-$3,412-$3,412
Other Expenses$1,205$1,573-$1,205
Total Functional Expenses$3,180,101$1,462,135$153,841$4,796,077
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Governing body meeting documentation Part VI line 8A

All meetings were documented contemporaneously

Form 990 governing body review Part VI line 11

A complete copy of this Form 990 to all members of its governing body before being filed

Conflict of interest policy compliance Part VI line 12C

Conversations are regulary had requesting the disclosure of conflicts of interest

CEO executive director top management comp Part VI line 15A

The process for determing compensation for the Executive Director and Key Employees of the organization includes a process of review and approval.

Other officer or key employee compensation Part VI line 15B

The process for determing compensation for the Executive Director and Key Employees of the organization includes a process of review and approval.

Governing documents etc available to public Part VI line 19

The organizations governing documents, conflict of interest policy, and financial statements are made available to the public during the tax year, as requested.

Filing and Contact Details

Filer

Filer Name
Village Of Wisdom
EIN
47-2060936
In Care Of
% William Jackson
Phone
6782328657
Address
600 E Umstead St, Durham, NC 27701

Signing Officer

Name
William Jackson
Title
Executive Director
Phone
6786535658
Signed
2025-05-15
Discuss with paid preparer
No

Organization Details

Formed
2015
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
0
Employees
11

Preparer

Firm
Sohe Solutions
Address
232 Bradberry St SW, Atlanta, GA 30313
Preparer
Esohe Galbreath
Phone
6786535658
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Reconciliation of total net assets prior to completion of audit

List of other fees for services expenses Part IX line 11G

Programming Expenses - $802,946 TNTP Payout - $109,793

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt02485613
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01768936
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt016923036
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0131578
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt09438
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0923
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0393
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0329
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0142661
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0131578
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt09438
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0923
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0393
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0329
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0142661
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99160
IRS990ScheduleA/PublicSupportPY509Pct00.99920
IRS990ScheduleA/PublicSupportTotal509Amt016923036
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03368020
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt05434566
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03865901
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02485613
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01768936
IRS990ScheduleA/Total509Grp/TotalAmt016923036
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03499598
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt05444004
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03866824
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02486006
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01769265
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt017065697
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0750000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0UNDEPOSITED FUNDS
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0750000
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0All meetings were documented contemporaneously
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A complete copy of this Form 990 to all members of its governing body before being filed
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Conversations are regulary had requesting the disclosure of conflicts of interest
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The process for determing compensation for the Executive Director and Key Employees of the organization includes a process of review and approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The process for determing compensation for the Executive Director and Key Employees of the organization includes a process of review and approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The organizations governing documents, conflict of interest policy, and financial statements are made available to the public during the tax year, as requested.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Reconciliation of total net assets prior to completion of audit
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Programming Expenses - $802,946 TNTP Payout - $109,793
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Governing body meeting documentation Part VI line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7List of other fees for services expenses Part IX line 11g
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt06386465
IRS990/TotalAssetsEOYAmt05403371
IRS990/TotalAssetsGrp/BOYAmt06386465
IRS990/TotalAssetsGrp/EOYAmt05403371
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03366815
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0153841
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01462135
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03180101
IRS990/TotalFunctionalExpensesGrp/TotalAmt04796077
IRS990/TotalGrossUBIAmt0131578
IRS990/TotalLiabilitiesEOYAmt0314590
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0314590
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06386465
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05088781
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt0364065
IRS990/TotalProgramServiceExpensesAmt03180101
IRS990/TotalReportableCompFromOrgAmt0218921
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03498393
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0131578
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06386465
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05403371
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0115002
IRS990/TravelGrp/TotalAmt0115002
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt056947
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0www.villageofwisdom.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM JACKSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum06786535658
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Village Of Wisdom
ReturnHeader/Filer/BusinessNameControlTxt0VILL
ReturnHeader/Filer/EIN0472060936
ReturnHeader/Filer/InCareOfNm0% William Jackson
ReturnHeader/Filer/PhoneNum06782328657
ReturnHeader/Filer/USAddress/AddressLine1Txt0600 E Umstead St
ReturnHeader/Filer/USAddress/CityNm0Durham

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