2025-12-23T11:53:20-06:00 2025-07-31 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2024-08-01 134024627 WORKING IN SUPPORT OF EDUCATION INC WORK 2124212700 227 EAST 56TH STREET 201 NEW YORK NY 10022 DAVID ANDERSON PRESIDENT & CEO 2124212700 2025-12-23 1 1 EVA MRUK P00543254 2122862600 2025-12-23 2024 2025-03-06 01:10:19Z DAVID ANDERSON 227 EAST 56TH STREET 201 NEW YORK NY 10022 3366374 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 15 21 434 0 0 1063132 1456400 1612539 1417726 107885 61661 -970 65332 2782586 3001119 6500 10375 0 0 1489522 1800209 0 0 527014 1087682 1066558 2583704 2877142 198882 123977 2824298 3606413 393961 1002873 2430337 2603540 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. 0 0 1125226 1876 995357 FINANCIAL LITERACY PROGRAMTHE FINANCIAL LITERACY CERTIFICATION PROGRAM PREPARES HIGH SCHOOL STUDENTS TO GRADUATE AS FINANCIALLY CAPABLE YOUNG ADULTS. SCHOOLS TEACH PERSONAL FINANCE AND ADMINISTER OUR NATIONAL, STANDARDIZED CERTIFICATION TEST, SUPPORTED BY W!SE'S PROFESSIONAL DEVELOPMENT, STANDARDS-ALIGNED RESOURCES, ONLINE PRACTICE QUIZZES, AND OPTIONAL PRETESTING. STUDENTS WHO PASS EARN THE W!SE CERTIFIED FINANCIALLY LITERATE (CFL) CREDENTIAL, RECOGNIZED BY COLLEGES AND EMPLOYERS. SCHOOLS AND TEACHERS ARE ALSO ACKNOWLEDGED FOR STUDENT ACHIEVEMENT, INCLUDING THROUGH THE ANNUAL "W!SE 100 BEST HIGH SCHOOLS TEACHING PERSONAL FINANCE" RANKING. 325678 2174 387765 EURO CHALLENGE PROGRAMTHE EURO CHALLENGE IS A NATIONAL COMPETITION THAT INVITES HIGH SCHOOL STUDENTS TO LEARN ABOUT THE EURO AREA ECONOMY AND APPLY THEIR KNOWLEDGE TO REAL-WORLD ISSUES. STUDENTS WORK IN TEAMS TO RESEARCH A EURO-AREA COUNTRY, ANALYZE AN ECONOMIC CHALLENGE IT FACES, AND PRESENT POLICY RECOMMENDATIONS TO A PANEL OF JUDGES. THE PROGRAM BUILDS ECONOMIC LITERACY, PUBLIC SPEAKING SKILLS, TEAMWORK, AND GLOBAL AWARENESS WHILE GIVING STUDENTS A HANDS-ON OPPORTUNITY TO THINK LIKE POLICYMAKERS. 266714 5095 25104 W!SE INSTITUTETHE W!SE INSTITUTE IS A COLLEGE AND CAREER READINESS PROGRAM EMBEDDED INTO THE REGULAR SCHOOL DAY AT NYC SCHOOLS. THROUGHOUT THE SCHOOL YEAR, STUDENTS PARTICIPATE IN A SERIES OF SEMINARS AND INTERNSHIP OPPORTUNITIES LED BY VOLUNTEERS FROM INDUSTRY AND EDUCATIONAL ORGANIZATIONS. THESE VOLUNTEERS BRING PROFESSIONAL EXPERTISE AND REAL-WORLD EXPERIENCE DIRECTLY INTO THE CLASSROOM.THE PROGRAM SERVES STUDENTS IN GRADES 8-12, OFFERING SEMINARS ACROSS A WIDE RANGE OF SUBJECTS, INCLUDING SUSTAINABILITY AND STEM, ECONOMICS AND FINANCE, BUSINESS, COMMUNICATION AND LAW, CAREER AND ACADEMIC SKILLS, AND ESSENTIAL LIFE SKILLS. THROUGH THESE ENGAGING, PRACTICAL SESSIONS, STUDENTS GAIN CURRENT, RELEVANT KNOWLEDGE THAT SUPPORTS THEIR ACADEMIC SUCCESS AND PREPARES THEM FOR FUTURE COLLEGE AND CAREER PATHWAYS. 272602 1230 9500 DOMESTIC VIOLENCE PROGRAM - MONEYW!SECREATED IN 2009 AND CURRENTLY OFFERED IN 22 U.S. CITIES WITH 30 PARTNER SITES, MONEYW!SE IS A 10-12 SESSION COMPREHENSIVE PERSONAL FINANCE COURSE FOR DOMESTIC VIOLENCE SURVIVORS AND OTHER UNDERSERVED WOMEN'S GROUPS. MONEYW!SE HELPS ITS PARTICIPANTS DEVELOP THE FINANCIAL KNOWLEDGE, SKILLS AND CONFIDENCE TO BREAK FREE OF ABUSIVE RELATIONSHIPS AND FIND A PATHWAY TO FINANCIAL INDEPENDENCE. PARTICIPANTS TAKE A PRE-TEST TO BENCHMARK KNOWLEDGE PRIOR TO INSTRUCTION. ON THE LAST DAY, THEY TAKE W!SE'S FINANCIAL LITERACY CERTIFICATION TEST; THOSE PASSING BECOME "CERTIFIED FINANCIALLY LITERATE", A CREDENTIAL THAT CAN HELP THEM IN THEIR SEARCH FOR WORK. MONEYW!SE IS PROVIDED FREE OF CHARGE TO PARTNER CENTERS (E.G., YWCAS, FAMILY JUSTICE CENTERS, AND NON-PROFITS) AND THEIR CLIENTS. MONEYW!SE INSTRUCTORS OFFER THEIR SERVICES ON A VOLUNTEER BASIS. THEY COMPRISE SENIOR FINANCE EXPERTS FROM LEADING FINANCIAL INSTITUTIONS IN NYC AND ACROSS THE COUNTRY; MANY ARE CERTIFIED FINANCIAL PLANNERS (CFPS) RECRUITED BY FINANCIAL PLANNING ASSOCIATIONS IN CITIES WHERE MONEYW!SE IS OFFERED. EACH SESSION IS 90 MINUTES WITH THE INSTRUCTOR DEDICATING AT LEAST 3 HOURS/CLASS TO PREPARE FOR AND DELIVER THE SESSION. TO ENCOURAGE ATTENDANCE, A LIGHT MEAL, PUBLIC TRANSPORTATION CARDS/OTHER TRANSPORTATION COST SUPPORT, CHILDCARE, AND PARTICIPATION INCENTIVES (TYPICALLY GIFT CARDS) CAN BE OFFERED, THANKS TO EXTERNAL GRANT FINANCING. 90% OF PARTICIPANTS ARE LOWER, MIDDLE INCOME (LMI). AN AVERAGE OF 83% OF PARTICIPANTS EARN THE FINANCIAL LITERACY CERTIFICATION. QUALITY OF LIFETHE QUALITY OF LIFE INNOVATIONS (QLI) PROGRAM IS A PROJECT-BASED LEARNING EXPERIENCE THAT EMPOWERS STUDENTS TO RESEARCH A COMMUNITY ISSUE, DEVELOP AN EVIDENCE-BASED RECOMMENDATION, AND IMPLEMENT A REAL SOLUTION. THE PROGRAM BUILDS CIVIC READINESS, PROFESSIONAL SKILLS, AND ACADEMIC CONFIDENCE WHILE CONNECTING STUDENTS WITH MENTORS WHO SUPPORT THEIR GROWTH. IN APRIL, STUDENTS WILL SUBMIT THEIR WORK (A 10 TO 17-PAGE RESEARCH PROPOSAL) TO THE QLI COMPETITION WHERE THE WINNERS EARN COLLEGE SCHOLARSHIPS. 272602 1230 9500 1990220 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 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 21 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 15 0 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 DAVID ANDERSON PRESIDENT/CEO 40.00 X X 239761 0 23622 KRESIMIR MARUSIC CHAIR 2.00 X X 0 0 0 KAMALA ANANTHARAM VICE CHAIR 2.00 X X 0 0 0 JAMES ABRY SECRETARY/DIRECTOR 2.00 X X 0 0 0 KATE FARADAY DIRECTOR 1.00 X 0 0 0 HADY FARAG DIRECTOR 1.00 X 0 0 0 JACQUES FRIEDMAN DIRECTOR 1.00 X 0 0 0 JASMINE GOLUBIC DIRECTOR 1.00 X 0 0 0 BRUCE KASMAN DIRECTOR 1.00 X 0 0 0 TATYANA KIBRIK DIRECTOR 1.00 X 0 0 0 VICTOR MITCHELL DIRECTOR 1.00 X 0 0 0 PHYLLIS FRANKFORT PERILLO DIRECTOR 1.00 X 0 0 0 ANNEICIA RICHARDS DIRECTOR 1.00 X 0 0 0 MARTIN SMIT 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 40.00 X 133018 0 36092 KRISTY NGUYEN SENIOR VICE PRESIDENT 40.00 X 144915 0 26949 LILAI TECKIE ASSISTANT DIRECTOR OF DEVELOPMENT 40.00 X 105842 0 24502 623536 0 111165 4 0 1 0 INTERNET TESTING SYSTEMS 3000 CHESTNUT AVENUE SUITE 401 BALTIMORE MD 21211 STUDENT TESTING 350728 1 174642 13000 1268758 1456400 PROGRAM AND SERVICE FE 611710 1417726 1417726 1417726 66724 66724 248681 253744 -5063 -5063 -5063 172960 174642 111511 61449 61449 OTHER INCOME 900099 3007 3007 TRANSLATION ADJUSTMENT 900099 876 876 3883 3001119 1417726 0 126993 4875 4875 5500 5500 292800 117120 73200 102480 1225589 842874 38803 343912 83456 57104 2777 23575 76985 52815 2456 21714 121379 78654 7392 35333 142072 32058 110014 5529 5529 76253 62698 13555 1278 162 1116 41319 15805 25514 420410 400711 19699 101664 83094 18570 106710 102090 4620 120581 108843 11738 23802 8938 14864 9121 9121 AWARDS & BANNERS 14860 14860 STATE REGISTRATIONS 2959 2019 940 2877142 1990220 359908 527014 626394 335687 1257941 1652770 0 527367 169813 218303 21245 12832 241471 209037 24778 32434 656589 677064 8938 0 58600 149956 2824298 3606413 134192 128927 88212 80360 114000 184665 57557 608921 393961 1002873 X 1983798 2138751 446539 464789 2430337 2603540 2824298 3606413 123977 49226 0 X X 0 1 X 1 0 X 1168943 1025272 1187671 1063132 1456400 5901418 1168943 1025272 1187671 1063132 1456400 5901418 2205891 3695527 16587 13724 31875 65166 66724 194076 0 0 0 0 61449 61449 21550 367 3883 25800 6182743 6692963 0.59770 0.63820 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2022 AMOUNT: $ 1,050. 2024 AMOUNT: $ 3,007. TRANSLATION ADJUSTMENT - 2022 AMOUNT: $ 20,500. 2023 AMOUNT: $ 367. 2024 AMOUNT: $ 876. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 82447 82447 0 147912 115478 32434 11112 11112 0 32434 LEASE LIABILITY 147497 CONTRACT LIABILITIES 461424 608921 X 3554969 49226 479497 30656 559379 2995590 5529 5529 3001119 3381766 479497 30656 510153 2871613 5529 5529 2877142 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 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES REPORTED IN PART VIII 30,656. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES REPORTED IN PART VIII 30,656. ANNUAL GALA 292762 127332 165430 72800 2000 27059 5K FUN RUN 43215 35685 7530 9652 1 11625 11625 347602 174642 172960 72800 2000 36711 111511 61449 1 FINANCIAL LITERACY AMBASSADOR AWARD 6 5500 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 DAVID ANDERSON PRESIDENT/CEO 239761 0 0 0 0 0 11654 0 11968 0 263383 0 0 0 KRISTY NGUYEN SENIOR VICE PRESIDENT 144915 0 0 0 0 0 11373 0 15576 0 171864 0 0 0 DARIO STIPISIC SENIOR DIRECTOR, FINANCIAL 133018 0 0 0 0 0 7820 0 28272 0 169110 0 0 0 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 JANUARY 2025. 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.