MISSION
Wisdom O Wealth is organized exclusively for charitable, educational or scientific purposes under Section 501(3)(c) of the Internal Revenue Code.Wisdom O Wealth provide services, resources, and education to distressed community members.
DEMOGRAPHIC
ADDRESS
1900 E GOLF RD STE 950A
60173
COUNTY
cook county, IL
ORGANIZATIONAL OVERVIEW & RANKINGS
WISDOM O WEALTH is a based in SCHAUMBURG, IL, focused on Human Services - Multipurpose and Other causes , specifically Human Service Organizations - Multipurpose. Established in December 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,815,801 among 2,656,690 nonprofits nationally (Top 69%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 37,748 out of 106,037 organizations in IL (Top 36%).
In cook county, IL, the organization ranks 22,127 out of 46,103 nonprofits by assets (Top 48%), while locally in schaumburg, it stands at 478 among 643 organizations (Top 73%).
The organization reported no revenue in the most recent filing period, placing it at 783,872 nationally and 26,627 in IL.
Within its specific NTEE classification (P20 - P: Human Services - Multipurpose and Other), which includes 71,663 similar organizations, WISDOM O WEALTH ranks 36,663 in assets (Top 52%) and 54,700 in revenue (Top 77%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2023 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
P: Human Services - Multipurpose and Other
NTEE CODE
P20: Human Service Organizations - Multipurpose
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Monday, May 15, 2023;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
12/2019
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
12/2019
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
Recently Saved Organizations
Click on the save icon from a search results or organization page.
