Nonprofit · EIN 47-2060936
VILLAGE OF WISDOM INC
Tax-exempt · DURHAM, NC 27701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $4,148,448 | $4,872,470 | -$724,022 | $4,462,581 | $97,822 | $4,364,759 |
| December 31, 2024 | 990 | $3,498,393 | $4,796,077 | -$1,297,684 | $5,403,371 | $314,590 | $5,088,781 |
| December 31, 2023 | 990 | $5,471,115 | $3,505,839 | $1,965,276 | $6,386,465 | $0 | $6,386,465 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $3,956,104
- of which government grants
- $702,187
- Program service revenue
- $32,634
- Investment income
- $159,710
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $1,144,679
- Salaries, compensation and benefits (total)
- $1,724,309
- Professional fundraising fees
- $0
- Legal fees
- $22,417
- Accounting fees
- $48,925
- Travel
- $149,265
- Program services (functional)
- $3,259,905
- Management and general (functional)
- $1,284,645
- Fundraising (functional)
- $327,920
Balance sheet and other
- Total assets, start of year
- $5,403,371
- Total assets, end of year
- $4,462,581
- Total liabilities, end of year
- $97,822
- Net assets, end of year
- $4,364,759
- Gross unrelated business income
- $159,710
- Gross receipts
- $4,148,448
- Employees
- 16
- Year formed
- 2015
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| William Jackson | Executive Director Key employee | 35 | $150,000 |
| Malika Graham-Bailey | Board Chair Officer | 5 | $0 |
| Randi Towns | Board Treasurer Officer | 5 | $0 |
| Christian Perry | Secretary Officer | 5 | $0 |
| Valerie Anderson | Board Member Officer | 5 | $0 |
| Nicole Charles | Board Member Officer | 5 | $0 |
| William Green | Board Member Officer | 5 | $0 |
| Cornell Watson | Board Member Officer | 5 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| William Jackson | Executive Director Key employee | 35 | $114,716 |
| Dawn Henderson | Strategy DirectorOps Highest-paid employee | 35 | $104,205 |
| Brittney Bennett | Board Chair Officer | 5 | $0 |
| Randi Towns | Board Treasurer Officer | 5 | $0 |
| Rashida James | Board Member At Large Officer | 5 | $0 |
| Gerald Harris | Secretary Officer | 5 | $0 |
| Leah Adeniji | Board Member At Large Officer | 5 | $0 |
| Cornell Watson | Board Member Officer | 5 | $0 |
| Malika Graham-Bailey | Board Member Officer | 5 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Leah Adeniji | Board Member At Large Officer | 5 | $0 |
| Gerald Harris | Secretary Officer | 5 | $0 |
| Malika Graham-Bailey | Board Member Officer | 5 | $0 |
| Cornell Watson | Board Member Officer | 5 | $0 |
| Rashida James | Board Member At Large Officer | 5 | $0 |
| Brittney Bennett | Board Chair Officer | 5 | $0 |
| Randi Towns | Board Treasurer Officer | 5 | $0 |
| William Jackson | Executive Director Key employee | 35 | $0 |
| Dawn Henderson | Strategy DirectorOps Highest-paid employee | 35 | $0 |
Address and contacts
- Address (IRS master file)
- 600 E UMSTEAD ST, DURHAM, NC 27701-4348
- In care of
- % WILLIAM JACKSON
- Signed the 990
- WILLIAM JACKSON, Executive Director
- Phone
- (678) 232-8657
- Website
- www.villageofwisdom.org
- Return prepared by
- Sohe Solutions
Mission
We work with families to protect Black Genius, by organizing and mobilizing a community of families committed to the healthy development and reflection of Black youth.
Program accomplishments
- Dreamship - completed the second year of a 2-year engagement with our 18 parent leaders, leading to them, among other personal achievements, creating model classroom environments as standards for education practice.Expenses $1,888,235
- Community Driven Research - Investigating the Validity of the Culturally Affirming Climate SurveyExpenses $579,615
- COOL - Culturally organizing our liberationExpenses $492,445
- TJGT and other programmatic effortsExpenses $299,610
- Black Parent Restoration - Implemented programs that empowered Black parents with knowledge, skills, and resources to support their childrens development, education, and well-being
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-2060936
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O20)
- Assets (IRS master file)
- $4,462,581
- Income (IRS master file)
- $4,148,448
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $4,148,448 | $4,872,470 | $4,462,581 | XML |
| 990 | December 2024 | $3,498,393 | $4,796,077 | $5,403,371 | XML |
| 990 | December 2023 | $5,471,115 | $3,505,839 | $6,386,465 | XML |
| 990 | December 2022 | $3,866,824 | $2,137,189 | $4,429,084 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-EZ | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-2060936).
Questions about VILLAGE OF WISDOM INC
- What is the EIN of VILLAGE OF WISDOM INC?
- The employer identification number (EIN) of VILLAGE OF WISDOM INC is 47-2060936.
- Is VILLAGE OF WISDOM INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to VILLAGE OF WISDOM INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VILLAGE OF WISDOM INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of VILLAGE OF WISDOM INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VILLAGE OF WISDOM INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of VILLAGE OF WISDOM INC?
- The 990 for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $150,000 (William Jackson, Executive Director).
- How much revenue does VILLAGE OF WISDOM INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $4,148,448, expenses of $4,872,470 and total assets of $4,462,581 at year end.
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