SEAT OF WISDOM LIBRARY

EIN: 263360130 501(c)(3) International Affairs

McHenry, IL

Total Revenue
$249,804
Total Expenses
$145,829
Total Assets
$119,527
Net Assets
$119,527
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
IL
Principal Officer
Sylvester Nnaso
Phone
8476832391
Tax Period
2025-01-01 to 2025-12-31

SEAT OF WISDOM LIBRARY, founded in 2019, is a small nonprofit in the International Affairs sector that reported $250K in total revenue in fiscal year 2025. Revenue surged 347% from the prior year, signaling strong growth momentum. The organization ran a surplus of $104K, a strong 42% operating margin.

Mission

Raising funds to build libraries All money collected goes to libraries

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $223,965
Program Service Revenue $0
Investment Income $25,839
Other Revenue $0
TOTAL REVENUE $249,804

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $145,829
Other Expenses $145,829
TOTAL EXPENSES $145,829

Year-over-Year Comparison

2025 2024 Change
Revenue $249,804 $55,884 +3.5%
Expenses $145,829 $48,136 +2.0%
Net Income $103,975 $7,748 +12.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
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
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Debra K Ward Director 0.0
Director
$0 $0 $0
Robert Fandel Director 0.0
Director
$0 $0 $0
Theresa Fandel Director 0.0
Director
$0 $0 $0
Sylvester Nnaso President 0.0
Officer
$0 $0 $0
Arianna Halt Secretary 0.0
Officer
$0 $0 $0
James W Ward Treasurer 0.0
Officer
$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
2025 $249,804 $145,829 $119,527 $103,975
Explore More Nonprofits
→Top 100 Nonprofits in Illinois →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare SEAT OF WISDOM LIBRARY with other nonprofits in Illinois and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.