Wealth of Nations Institute Inc

Nonprofit profile at a glance

EIN
992489374
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025
Location
Wilmington, DE, USA
Phone
7276230934
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Research Institutes and Public Policy Analysis

Reported finances

Revenue
$199,580
Expenses
$152,410
Assets
$154,566
Liabilities
$3,123

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • EDWARD STRINGHAM (PRESIDENT)

People named in this filing

  • EDWARD STRINGHAM (PRESIDENT)
  • ADAM KISSEL (SECRETARY/TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The wealth of nations institute conducts and promotes scholarly research and education on the importance of markets, individual rights, and peace.

What it reported doing in 2025

Conference scholarship program: supported attendance at academic conferences for scholars to exchange research on subjects within wealth of nations institute's mission. Supported the costs of hosting research workshops/speakers within wealth of nations institute's mission.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 67% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 100
  • Sustainability: 64
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.5%; rating input score 76
  • Program expense ratio: 98.3%; rating input score 98

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 23.6%; rating input score 76; 76th percentile among comparable filings
  • Total-asset coverage ratio: 1.01; rating input score 59; 59th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 32; 32nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 101.4% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 23.8% per year; rating input score 100; 86th percentile among comparable filings
  • Asset growth: 38.9% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 75.5% of revenue deployed · 98.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $150K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Review — Sustainability: Total-asset coverage ratio scored 59/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 32/100.