Wise Learning Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 377,300 | 280,390 | 96,910 | 5.2 | 3% |
| 2013 | 2,812,821 | 557,709 | 2,255,112 | 51.1 | 13% |
| 2014 | 836,243 | 703,618 | 132,625 | 43.3 | 36% |
| 2015 | 3,032,310 | 1,100,622 | 1,931,688 | 58.6 | 39% |
| 2016 | 1,905,474 | 1,484,071 | 421,403 | 46.8 | 33% |
| 2017 | 2,300,843 | 1,989,517 | 311,326 | 36.8 | 39% |
| 2018 | 4,359,413 | 3,060,851 | 1,298,562 | 29.0 | 46% |
| 2019 | 3,900,396 | 3,162,068 | 738,328 | 30.9 | 51% |
| 2020 | 1,846,675 | 2,278,588 | −431,913 | 40.6 | 48% |
| 2021 | 4,151,068 | 2,970,493 | 1,180,575 | 34.4 | 36% |
| 2022 | 2,950,620 | 3,491,729 | −541,109 | 27.4 | 39% |
| 2023 | 4,160,725 | 3,692,804 | 467,921 | 27.4 | 42% |
In its most recent public year (2023), this organization brought in $467,921 more than it spent. Its reserves stood at about 27.4 months of spending, up from 5.2 in 2012. Staff pay was 42% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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