WISDOM PUBLICATIONS INC

EIN: 042979113 501(c)(3) Arts, Culture & Humanities

SOMERVILLE, MA

Total Revenue
$2,136,037
Total Expenses
$2,303,869
Total Assets
$5,794,258
Net Assets
$4,825,960
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
MA
Principal Officer
DANIEL AITKEN
Phone
6177767416
Tax Period
2023-01-01 to 2023-12-31

WISDOM PUBLICATIONS INC, founded in 1987, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.1M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Net assets of $4.8M represent 27 months of operating reserves.

Mission

TO PUBLISH BOOKS AND OTHER MEDIA TO ADVANCE THE EDUCATION OF THE PUBLIC WITH RESPECT TO BUDDHIST RELIGION, PHILOSOPHY, AND PRACTICE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $302,096
Program Service Revenue $1,043,075
Investment Income $5,880
Other Revenue $784,986
TOTAL REVENUE $2,136,037

Expense Breakdown

Grants Paid $5,377
Salaries & Benefits $1,203,630
Fundraising Expenses $41,499
Program Expenses $1,804,482
Other Expenses $1,094,862
TOTAL EXPENSES $2,303,869

Year-over-Year Comparison

2023 2022 Change
Revenue $2,136,037 $1,965,035 +0.1%
Expenses $2,303,869 $2,149,519 +0.1%
Net Income $-167,832 $-184,484 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
4
Employees
16
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$214,161
Total Directors
6
$214,161
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL AITKEN PRESIDENT/PUBLISHER 40.00
Officer Director
$163,400 $9,813 $173,213
TIMOTHY MCNEILL CLERK/CHAIRMAN 18.00
Officer Director
$38,561 $2,387 $40,948
BRENT FARMER TREASURER 1.00
Officer Director
$0 $0 $0
AXEL LEBLOIS DIRECTOR 1.00
Director
$0 $0 $0
JAMES WILTON DIRECTOR 1.00
Director
$0 $0 $0
JAMES DOUGHERTY DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $2,136,037 $2,303,869 $5,794,258 $-167,832
2022 $1,965,035 $2,149,519 $6,006,025 $-184,484
2021 $2,285,943 $1,838,915 $5,853,594 $447,028
2020 $2,493,633 $1,759,187 $5,660,512 $734,446
2019 $2,050,564 $2,006,613 $4,482,640 $43,951
2018 $1,818,627 $1,728,102 $4,449,084 $90,525
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