WISDOM ACTION NETWORK INC (EIN 824196797) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

YOLANDA PERKINS

Phone

4148312070

Tax Period

2024-01-01 to 2024-12-31

WISDOM ACTION NETWORK INC, founded in 2018, is a small nonprofit in the Civil Rights & Advocacy sector that reported $558K in total revenue in fiscal year 2024. Revenue surged 288% from the prior year, signaling strong growth momentum. The organization ran a surplus of $172K, a strong 31% operating margin.

Mission

EDUCATING THE PUBLIC ON ISSUES OF PRESSING PUBLIC CONCERN, DEVELOPING AND ADVOCATING FOR LEGISLATION, REGULATIONS, AND GOVERNMENT PROGRAMS TO ADDRESS ISSUES THAT RELATE TO RACIAL AND SOCIAL JUSTICE, CONDUCTING RESEARCH AND PUBLICIZING THE POSITIONS OF ELECTED OFFICIALS TO THE GENERAL PUBLIC.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $557,803

Program Service Revenue $0

Investment Income $27

Other Revenue $0

TOTAL REVENUE $557,830

Expense Breakdown

Grants Paid $376,852

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $380,852

Other Expenses $8,695

TOTAL EXPENSES $385,547

Year-over-Year Comparison

	2024	2023	Change
Revenue	$557,830	$143,711	+2.9%
Expenses	$385,547	$269,482	+0.4%
Net Income	$172,283	$-125,771	-2.4%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$87,042

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEE HENDERSON-TATUM	PRESIDENT	1.00	Officer Director	$0	$0	$0
BETTY GROENEWOLD	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
GIL HALSTED	SECRETARY	1.00	Officer Director	$0	$0	$0
DENNIS LOWDER	TREASURER	1.00	Officer Director	$0	$0	$0
WILLIE BRISCO	DIRECTOR	1.00	Director	$0	$0	$0
CATOYA ROBERTS	DIRECTOR	1.00	Director	$0	$0	$0
DAVID LINERS	EXECUTIVE DIRECTOR	8.00	Officer	$0	$0	$87,042

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	$557,830	$385,547	$225,042	$172,283
2024	No data	No data	No data	No data
2023	$143,711	$269,482	$52,759	$-125,771
2022	$769,524	$678,535	$209,530	$90,989
2021	$43	$102,190	$87,541	$-102,147
2020	$746,853	$644,495	$514,956	$102,358

WISDOM ACTION NETWORK INC