Wise Counsel Research Inc
- Assets
- $1.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milton, MA
- Founding
- 09/2009
- Data as of
- 12/2021
- EIN
- 26-3731176
Organization Overview
Wise Counsel Research Inc is located in Milton, MA. The organization was established in 2009. According to its NTEE Classification (V25) the organization is classified as: Population Studies, under the broad grouping of Social Science and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wise Counsel Research Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Wise Counsel Research Inc generated $20.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (25.9%) each year. All expenses for the organization totaled $81.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
IN 2021 WISE COUNSEL RESEARCH (WCR) CONTINUED TO STUDY AND PUBLISH RESEARCH ON THE IMPACT OF FINANCIAL WEALTH ON INDIVIDUALS, FAMILIES, AND COMMUNITIES. MEMBERS OF WCR PRESENTED RESULTS FROM OUR FLAGSHIP RESEARCH,'THE 100-YEAR FAMILIES STUDY,' IN SUCH FORUMS AS THE FAMILY OFFICE EXCHANGE, TIGER21, KORE VENTURES, THE FAMILY FIRM ISTITUTE, AND TO VARIOUS PROFESSIONAL, ACADEMIC, AND FINANCIAL AUDIENCES. WCR'S PRESIDENT, DR. KEITH WHITAKER, PUBLISHED ACCOUNTS OF WCR'S FINDINGS IN PUBLICATIONS RELATED TO THE NATIONAL ASSOCIATION OF SCHOLARS AND WAS CITED BY A VARIETY OF NATIONAL AND INTERNATIONAL MEDIA. MEMBERS OF WCR ALSO USED 2021 TO CREATE A NETWORK OF RELATED SCHOLARS AND PRACTITIONERS TO PREPARE A FORTHCOMING VOLUME OF ESSAYS THAT BUILDS UPON OUR 2018 PUBLICATION, 'WEALTH OF WISDOM: THE TOP 50 QUESTIONS WEALTHY FAMILIES ASK.'"
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Whitaker Treasurer | 0 | $0 | |
James E Hughes Director | 0 | $0 | |
Susan Massenzio CEO | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $879 |
| Total Revenue | $20,879 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $80,000 |
| Professional fees and other payments to independent contractors | $1,215 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $118 |
| Total expenses | $81,333 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,135 |
| Other assets | $0 |
| Total assets | $1,135 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,135 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wise Counsel Research Inc has recieved totaling $22.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $22 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Migration Studies Of New York Inc New York, NY | $1,311,462 | $1,090,106 |
American Geographical Society Of New York New York, NY | $2,452,120 | $589,593 |
Wise Counsel Research Inc Milton, MA | $1,135 | $0 |
World Organization To Investigate The Persecution Of Falun Gong Inc New York, NY | $47,401 | $49,489 |
Population Research Foundation Inc Wellesley, MA | -$101 | $0 |