Northeast Wisdom Inc

Nonprofit profile at a glance

EIN
464065282
IRS 990 coverage
2022–2024
Forms available
Form 990 2024, Form 990-EZ 2023
Location
Darien, CT, USA
Phone
4104124379
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Reported finances

Revenue
$358,731
Expenses
$190,787
Assets
$533,049
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • JEANINE SILER-JONES (PRESIDENT)

Highest reported compensation

  • CYNTHIA BOURGEAULT (BOARD MEMBER): $54,951 total reported compensation
  • ROBERT SABATH (BOARD MEMBER): $16,000 total reported compensation
  • MARCELLA KRAYBILL-GRGGO (BOARD MEMBER): $950 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Contemplative, spiritual, and wisdom practices, and education

What it reported doing in 2024

Wisdom community support; conducted projects to further wisdom studies and practices through in-person gatherings and practice circles and on-line programs where participants have regular opportunities to deepen the foundational practices of wisdom living (centering prayer and other forms of meditation, sacred movements, lectio divina, sacred chanting, and mindful work), book study circles, and wisdom topic discussion groups, in person gatherings and on-line virtual retreats, and maintenance of an interactive website with daily meditation sits, community practice days, interactions with senior wisdom teachers and leaders, as well as an events calendar with registration details; more than 1000 participants registered for one or more of these specific activities, with visitors to the website numbering between three and six thousand on a daily basis.

Operating model

Revenue model
Donor-supported. 63% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 55
  • Transparency & Controls: 92
  • Accountability: 38
  • Sustainability: 72
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 48.2%; rating input score 48
  • Program expense ratio: 86.2%; rating input score 86
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 50%; rating input score 50; 16th percentile among comparable filings
  • Governance controls: 2 of 9 controls in place; rating input score 22
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 46.8%; rating input score 90; 90th percentile among comparable filings
  • Total-asset coverage ratio: 2.79; rating input score 67; 67th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 38.4%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: 17% per year; rating input score 100; 81st percentile among comparable filings
  • Revenue growth: 32.3% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 23.2% per year; rating input score 100; 87th percentile among comparable filings

Details

  • Where the money goes: 48.2% of revenue deployed · 86.2% of spending went to programs
  • Governance: 5 of 10 board members independent · 2 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $164K in reported program spending
  • Leadership: top reported pay $55K · 10 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 2 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 11 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 48/100.
  • High — Accountability: Governance controls: 6 of 8 not reported.
  • Review — Accountability: Independent voting board scored 50/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.