WISE FOUNDATION

EIN: 462609566 501(c)(3) Philanthropy & Grantmaking

Northfield, IL

Total Revenue
$72,869
Total Expenses
$74,892
Total Assets
$599,011
Net Assets
$599,011
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
IL
Principal Officer
Michael A LaTona
Phone
8479718431
Tax Period
2025-01-01 to 2025-12-31

WISE FOUNDATION, founded in 2013, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $73K in total revenue in fiscal year 2025. Revenue surged 99% from the prior year, signaling strong growth momentum. Net assets of $599K represent 99 months of operating reserves.

Mission

WISE Foundation's mission is to solicit donations in the United States and transmit the funds received from donors to families in Kenya for the sole and exclusive purpose of paying for tuitions for abjectly poor students attending either elementary school, high school, college or graduate school.

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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 (2025)

Revenue Breakdown

Contributions & Grants $72,869
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $72,869

Expense Breakdown

Grants Paid $74,446
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $74,892
Other Expenses $446
TOTAL EXPENSES $74,892

Year-over-Year Comparison

2025 2024 Change
Revenue $72,869 $36,613 +1.0%
Expenses $74,892 $48,742 +0.5%
Net Income $-2,023 $-12,129 -0.8%
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
4
Independent Members
4
Employees
N/A
Volunteers
4

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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Father Paul Maina Waithaka Director/President 5
Officer Director
$0 $0 $0
Michael A LaTona Secretary/Treasurer/Director 12
Officer Director
$0 $0 $0
Shereen Olickal Director 2
Director
$0 $0 $0
Deacon John Porter Director 3
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
2025 $72,869 $74,892 $599,011 $-2,023
2023 $306,600 $15,200 $312,919 $291,400
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