2024-01-31T11:11:21-06:00 2023-07-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2022-08-01 134024627 WORKING IN SUPPORT OF EDUCATION INC WORK 2124212700 227 EAST 56TH STREET 201 NEW YORK NY 10022 DAVID ANDERSON PRESIDENT & CEO 2124212700 2024-01-31 1 DAVID ANDERSON 999009999 1 EVA MRUK P00543254 2122862600 2024-01-29 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DAVID ANDERSON 227 EAST 56TH STREET 201 NEW YORK NY 10022 3302080 0 X WWW.WISE-NY.ORG X 1998 NY TO IMPROVE ECONOMIC MOBILITY THROUGH PROGRAMS THAT DEVELOP FINANCIAL LITERACY AND READINESS FOR COLLEGE AND CAREERS. 16 14 17 373 0 0 1025272 1187671 1353158 1503593 56082 77345 0 6683 2434512 2775292 27875 63025 0 0 1591080 1590912 0 0 342974 742672 947486 2361627 2601423 72885 173869 2619454 3095165 531188 860394 2088266 2234771 X THE MISSION OF W!SE IS TO IMPROVE ECONOMIC MOBILITY THROUGH PROGRAMS THAT DEVELOP FINANCIAL LITERACY AND READINESS FOR COLLEGE AND CAREERS. OUR SUCCESS IS BUILT ON FIVE PILLARS RELEVANCY, DIGITAL LEADERSHIP, REAL-WORLD EXPERIENCES, VOLUNTEERISM, AND EVALUATION TO IMPROVE ECONOMIC MOBILITY THROUGH PROGRAMS THAT DEVELOP FINANCIAL LITERACY AND READINESS FOR COLLEGE AND CAREERS. OUR SUCCESS IS BUILT ON FIVE PILLARS RELEVANCY, DIGITAL LEADERSHIP, REAL-WORLD EXPERIENCES, VOLUNTEERISM, AND EVALUATION. 0 0 1845820 63025 1503593 EVERY DAY, THROUGH AWARD-WINNING PROGRAMS AND SERVICES, W!SE TRANSFORMS THE LIVES OF THOUSANDS OF STUDENTS, EDUCATORS AND ADULTS FROM ALL CORNERS OF THE U.S. WE PROVIDE HIGH SCHOOL TEACHERS WITH THE TRAINING AND TOOLS TO HELP THEIR STUDENTS BECOME FINANCIALLY LITERATE YOUNG ADULTS. WE OFFER THESE STUDENTS AN OPPORTUNITY TO EARN OUR COVETED FINANCIAL LITERACY CERTIFICATION; WE INSPIRE YOUNG PEOPLE TO DEVELOP THE PASSION AND SKILLS TO BECOME BETTER PREPARED FOR COLLEGE AND CAREERS; AND WE GUIDE ADULTS FROM ALL WALKS OF LIFE, ESPECIALLY THOSE WHO ARE UNDERSERVED AND VULNERABLE, ONTO A PATH OF FINANCIAL INDEPENDENCE. 1845820 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 17 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 14 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY CA VA IL MA X X DAVID ANDERSON 2124212700 227 EAST 56TH STREET 201 NEW YORK NY 10022 PHYLLIS FRANKFORT PERILLO PRESIDENT/CEO, DIRECTOR 40.00 X X 287423 0 59828 DAVID ANDERSON EXECUTIVE VICE PRESIDENT 40.00 X X 190820 0 34246 KRESIMIR MARUSIC CHAIR 2.00 X X 0 0 0 KAMALA ANANTHARAM VICE CHAIR & TREASURER 2.00 X X 0 0 0 TODD WOLYNSKI SECRETARY 2.00 X X 0 0 0 JAMES ABRY DIRECTOR 1.00 X 0 0 0 KATE FARADAY DIRECTOR 1.00 X 0 0 0 HADY FARAG DIRECTOR 1.00 X 0 0 0 JASMINE GOLUBIC DIRECTOR 1.00 X 0 0 0 GARY HUGHES DIRECTOR 1.00 X 0 0 0 BRUCE KASMAN DIRECTOR 1.00 X 0 0 0 ROBERT PINARD DIRECTOR 1.00 X 0 0 0 MARTIN SMIT DIRECTOR 1.00 X 0 0 0 TAYLOR SMITH DIRECTOR 1.00 X 0 0 0 JOHN STANZIALE DIRECTOR 1.00 X 0 0 0 MIKE WARSZAWSKI DIRECTOR 1.00 X 0 0 0 DARIO STIPISIC SENIOR DIRECTOR, FINANCIAL LITERACY 40.00 X 125825 0 14264 KRISTY NGUYEN SENIOR VICE PRESIDENT 40.00 X 121206 0 20950 725274 0 129288 4 0 1 0 INTERNET TESTING SYSTEMS 3000 CHESTNUT AVENUE SUITE 401 BALTIMORE MD 21211 STUDENT TESTING 291964 1 222696 27885 937090 129 1187671 PROGRAM AND SERVICE FE 611710 1503593 1503593 1503593 31875 31875 473291 427821 45470 45470 45470 84100 222696 98967 -14867 -14867 TRANSLATION ADJUSTMENT 900099 20500 20500 OTHER INCOME 900099 1050 1050 21550 2775292 1503593 0 84028 27625 27625 35400 35400 410804 144971 153457 112376 988884 794181 21944 172759 28829 28829 69165 2900 19935 46330 93230 75524 6197 11509 111930 18783 93147 4510 4510 69696 66113 3583 2270 519 1751 31330 18039 13291 381588 348998 32590 96533 72124 24409 145799 144339 1460 48307 48124 183 27256 700 26556 14532 5191 9341 AWARDS & BANNERS 11025 11025 STATE REGISTRATIONS 2710 2435 275 2601423 1845820 412629 342974 1102471 366870 522665 1393185 0 2471 55653 496647 23868 11927 218951 176241 62445 42710 824789 612586 24563 17042 3000 151727 2619454 3095165 245718 131275 91855 93743 10000 4000 183615 631376 531188 860394 X 1818890 1944465 269376 290306 2088266 2234771 2619454 3095165 173869 -27364 0 X X 0 1 X 1 0 X 345475 437736 1168943 1025272 1187671 4165097 345475 437736 1168943 1025272 1187671 4165097 1303990 2861107 25935 22805 16587 13724 31875 110926 21550 21550 4297573 7217033 0.66570 0.76030 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2022 AMOUNT: $ 1,050. TRANSLATION ADJUSTMENT - 2022 AMOUNT: $ 20,500. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 82447 82447 0 125393 86240 39153 11111 7554 3557 42710 ADVANCES ON GRANTS 478480 LEASE LIABILITY 152896 631376 X 3304245 -27364 461860 98967 533463 2770782 4510 4510 2775292 3157740 461860 98967 560827 2596913 4510 4510 2601423 PART X, LINE 2: WISE RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT IS NOT AWARE OF ANY VIOLATIONS OF ITS TAX STATUS AS ORGANIZATIONS EXEMPT FROM INCOME TAX, NOR OF ANY EXPOSURE TO UNRELATED BUSINESS INCOME TAX THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. WISE IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES REPORTED IN PART VIII 98,967. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES REPORTED IN PART VIII 98,967. A SOLSTICE CELEBRATION GALA 301646 217546 84100 59480 1200 37263 TASTE OF W!SE 5150 5150 1024 306796 222696 84100 59480 1200 38287 98967 -14867 1 CALVIN K KAZANJIAN ECONOMICS FOUNDATION INC 7338 EAST SUNSET SKY CIRCLE SCOTTSDALE AZ 85266 060665174 501(C)(3) 25000 0 TO PROVIDE EDUCATIONAL ASSISTANCE 1 0 FINANCIAL LITERACY AMBASSADOR AWARD 5 5000 EURO CHALLENGE AWARD 35 27000 PART I, LINE 2: SCHOLARSHIPS ARE GRANTED TO HIGH SCHOOL STUDENTS WHO PARTICIPATE IN AND WIN COMPETITIONS HELD BY THE ORGANIZATION. THE SCHOLARSHIPS ARE PAID DIRECTLY TO THE COLLEGE THAT THE STUDENT IS ATTENDING. A COPY OF THE STUDENT'S TUITION INVOICE IS SUBMITTED TO THE ORGANIZATION FOR PAYMENT TO THE COLLEGE. X X X X 0 0 0 0 0 0 0 0 0 PHYLLIS FRANKFORT PERILLO PRESIDENT/CEO, DIRECTOR 287423 0 0 0 0 0 41500 0 18328 0 347251 0 0 0 DAVID ANDERSON EXECUTIVE VICE PRESIDENT 190820 0 0 0 0 0 19982 0 14264 0 225066 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 GARY HUGHES AND PHYLLIS FRANKFORT PERRILLO HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. IT IS REVIEWED BY THE PRESIDENT & CEO AND THE FINANCE, AUDIT, & INVESTMENT COMMITTEE. A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE ORGANIZATION'S GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY WHICH IT CONSISTENTLY MONITORS AND ENFORCES. ALL DIRECTORS, OFFICERS, AND EMPLOYEES OF THE ORGANIZATION ANNUALLY SIGN A COPY OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, DISCLOSING ANY POTENTIAL CONFLICTS THAT MAY EXIST. THE DOCUMENTS ARE SUBMITTED TO THE PRESIDENT & CEO WHO REVIEWS THE SIGNED ATTESTATIONS. THE BOARD OF DIRECTORS DETERMINES WHETHER A CONFLICT OF INTEREST EXISTS AND DECIDES WHETHER THE ORGANIZATION MAY ENTER INTO THE PROPOSED TRANSACTION OR ARRANGEMENT. THE PERSON WITH THE ACTUAL CONFLICT OF INTEREST IS PROHIBITED FROM VOTING ON THE MATTER GIVING RISE TO THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE PRESIDENT AND CEO IS ANNUALLY REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE COMMITTEE USES FORM 990S OF OTHER ORGANIZATIONS WITH A COMPARABLE MISSION AND IN A COMPARABLE MARKET. THE DECISION IS CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES OF THE MEETING. THE PROCESS LAST OCCURRED IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE WHICH ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.