WISE ROAD EMPOWERMENT INITIATIVE

EIN: 853779639 501(c)(3) Employment

HUNTINGTON BEACH, CA

Total Revenue
$61,273
Total Expenses
$19,207
Total Assets
$1,168,487
Net Assets
$1,168,487
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
CA
Principal Officer
STEVEN WISE
Phone
7149696969
Tax Period
2024-01-01 to 2024-12-31

WISE ROAD EMPOWERMENT INITIATIVE, founded in 2020, is a micro nonprofit in the Employment sector that reported $61K in total revenue in fiscal year 2024. Revenue surged 15898% from the prior year, signaling strong growth momentum. The organization ran a surplus of $42K, a strong 69% operating margin.

Mission

TO EDUCATE AND EMPOWER MINORITIES, FEMALES, UNDERSERVED AND STRUGGLING BUSINESSES SO THAT THEY CAN ULTIMATELY PROVIDE JOBS FOR THE COMMUNITY, PRESERVE JOBS, AND ELEVATE THE OWNERS, THEIR EMPLOYEES AND THE COMMUNITIES THEY SERVE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $61,273
Other Revenue $0
TOTAL REVENUE $61,273

Expense Breakdown

Grants Paid $12,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $13,068
Other Expenses $7,207
TOTAL EXPENSES $19,207

Year-over-Year Comparison

2024 2023 Change
Revenue $61,273 $383 +159.0%
Expenses $19,207 $8,140 +1.4%
Net Income $42,066 $-7,757 -6.4%
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

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Governance

Voting Members
3
Independent Members
2
Employees
N/A
Volunteers
3

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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVEN WISE PRESIDENT, ASST SEC, ASST 10.00
Officer Director
$0 $0 $0
ORION WISE VICE PRESIDENT, TREASURER, 2.00
Officer Director
$0 $0 $0
CHRIS BRACKEMYER 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 $61,273 $19,207 $1,168,487 $42,066
2023 $383 $8,140 $1,124,434 $-7,757
2022 $-3,942 $9,553 $1,053,786 $-13,495
2021 $25,733 $17,132 $1,195,609 $8,601
2020 $1,162,847 No data $1,162,847 No data
2020 $1,107,850 $7,850 $1,100,000 $1,100,000
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