Wise Owl Properties Inc

Nonprofit profile at a glance

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

6 people listed

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

Wise owl properties, inc. Is a corporation owned to hold title to property on behalf of eldersource inc.

Rental of property to eldersource, inc.

Revenue model: Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Limited
Related-party transparency: Yes; rating input score 100

Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Operating margin: -44.1%; rating input score 6; 6th percentile among comparable filings
Total-asset coverage ratio: 4.84; rating input score 79; 79th percentile among comparable filings
Liabilities to assets ratio: 0.9; rating input score 6; 6th percentile among comparable filings
Officer compensation ratio: Limited

Program expense growth: Limited
Revenue growth: 1.8% per year; rating input score 100; 33rd percentile among comparable filings
Asset growth: -3.9% per year; rating input score 0; 12th percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 5 of 5 board members independent · 7 of 8 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $174K · 6 people listed · 2 of 6 pay-setting controls reported
Consistency: 12 of 12 current checks pass
Schedules: 4 filed schedules · includes executive pay
Filing history: 12 filing years from 2013 to 2024
Contacts: How to reach this organization
Related organizations: 4 filed related-organization links
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.

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

High — Sustainability: Operating margin scored 6/100.
High — Growth: Asset growth scored 0/100.
Review — Accountability: Governance controls: CEO compensation review process not reported.
High — Sustainability: Liabilities to assets ratio scored 6/100.