Wisdom & Money FY2023 filing

Tax-deductible

Menlo Park, CA501(c)(3)Public & Societal BenefitEIN 47-5520977Revenue $594K in FY2023

On file with the IRSwisdomandmoney.org1259 El Camino Real Suite 241, 94025-4208 · Menlo Park, CATax-exempt since Feb 2016Publicly supported charity — 170(b)(1)(A)(vi)

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Wisdom & Money offers retreats, spiritual companioning, written reflections, and workshops designed to encourage people of wealth and people from a culture of wealth to engage with money as a doorway to spiritual transformation.

501(c)(3) charity; gifts are tax-deductible.
52¢ of each $1 spent went to programs.
$277K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $37K a year · 8% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
52%
of spending
Worth a look: 52% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$277K
to officers and key staff · 40% of spending
Concern: pay to officers and key staff is 40% of spending; over 30%.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $15K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$24K
13% of total assets
Looks good: liabilities are 13% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 10 voting members
Looks good: 8 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$594K
+18% vs prior year
Spent
$689K
To programs
52%
Net assets
$164K
By yearFY2020–FY2024
Revenue
$594K
FY2023▲ +18%
Tap a bar for its year
Revenue by fiscal year
FY2020$287K
FY2021$428K
FY2022$503K
FY2023$594K
FY2024$584K
Expenses
$689K
FY2023▲ +21%
Tap a bar for its year
Expenses by fiscal year
FY2020$191K
FY2021$257K
FY2022$569K
FY2023$689K
FY2024$507K
Net assets
$164K
FY2023▼ -37%
Tap a bar for its year
Net assets by fiscal year
FY2020$154K
FY2021$325K
FY2022$259K
FY2023$164K
FY2024$246K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2016.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

52 cents of each dollar spent went to programs.

Program services 52% · $362K Management & general 39% · $267K Fundraising 9% · $60K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990; $277K paid to officers and key staff.

Part VII, Section A · reportable compensation
President Co-Director
$119,105Pt VII · Sec A
$93,977Pt VII · Sec A
Director
$64,009Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Rosemary Feerick’s $131K as Presidentco-Director is at the 87th percentile of top reported officer pay among 1043 $100K–1M public & societal benefit nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Rosemary Feerick$131,006$119,105$114,074$101,927$101,000
Nadia Bouhdili$102,874$93,977———
Nadia Bouhdil——$88,408——
Tracy Bindel$76,466$64,009$51,928——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Helps wealthy individuals use money for spiritual growth through retreats and guidance.

Questions for Wisdom & Money

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Provided by the organization

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3 programs · $362K · in their own filed words · FY2023
01

Wisdom & Money launched an 18-month Trailblazing Institute, in partnership with Be Present, Inc., and offered three four-day trainings and a national conference that offered participants opportunities to learn about and experience the intersection of three streams of practice (Wisdom spiritual practices, the Be Present Empowerment Model…

$196Kprogram expense
02

Wisdom & Money offered multiple retreats and gatherings in which participants explored the intersections of wealth, spirituality, and social justice.

$117Kprogram expense
03

Wisdom & Money offered a variety of print and digital reflections designed to encourage and inspire people to make financial decisions that are aligned with spiritual values, create unity across historical divisions, and support abundance for all people.

$49Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$15K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$594K
Ln 12
Gifts and grantsLn 1h$511K
Fees for servicesLn 2g$82K
Investment incomeLn 3$416
Money outPt IX
$689K
Ln 25
Programscol B$362K
Managementcol C$267K
Fundraisingcol D$60K
Owns and owesPt X
$164K
net assets · Ln 32
Cash and savingsLn 1–2$187K
Total assetsLn 16$188K
LiabilitiesLn 26$24K
PeoplePt VI, VII
11
listed · VII A
PaidVII A3
Voting boardVI 1a10
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$511K
Fees for servicesLn 2g$82K
Investment incomeLn 3$416
Gains on assetsLn 7$416
Total revenueLn 12$594K
Assets in detailPt X, end of year
CashLn 1$186K
SavingsLn 2$1K
Cash and savings togetherLn 1–2$187K
Total assetsLn 16$188K
LiabilitiesLn 26$24K
Net assetsLn 32$164K
OperationsPt I, VI
EmployeesI 55
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$278K$187K
Total assetsLn 16$278K$188K
LiabilitiesLn 26$19K$24K
Net assetsLn 32$259K$164K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$119K$64K$44K$11K
Other salaries and wagesLn 7$209K$113K$77K$19K
Pension plan contributionsLn 8$6K$3K$2K$576
Other employee benefitsLn 9$24K$13K$9K$2K
Payroll taxesLn 10$32K$17K$12K$3K
Legal feesLn 11b$1K$1K
Accounting feesLn 11c$18K$18K
Other fees for servicesLn 11g$45K$24K$17K$4K
Office expensesLn 13$20K$11K$7K$2K
Information technologyLn 14$4K$2K$1K$351
OccupancyLn 16$6K$3K$2K$564
TravelLn 17$167K$90K$62K$15K
Conferences, conventions and meetingsLn 19$35K$19K$13K$3K
InsuranceLn 23$3K$2K$1K$256
Total functional expensesLn 25$689K$362K$267K$60K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $584K$507K$76K$246K 990 PDF
FY2023 Viewing $594K$689K−$95K$164K 990 PDF
FY2022 $503K$569K−$66K$259K 990 PDF
FY2021 $428K$257K$171K$325K 990 PDF
FY2020 $287K$191K$96K$154K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $594,270 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $450,909$511,384
I-9 Program service revenuePrior year $51,900$82,470
I-10 Investment incomePrior year $108$416
I-11 Other revenue$0
I-12 Total revenuePrior year $502,917$594,270
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $353,660$389,562
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $215,487$299,610
I-18 Total expensesPrior year $569,147$689,172
I-19 Revenue less expensesPrior year −$66,230−$94,902
Part VI · Governance 8 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $594,270 across 5 lines filed
VIII-1f All other contributions, gifts and grants$511,384
VIII-1h Total contributions, gifts and grants$511,384
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $82,470$82,470
VIII-7 Net gain or loss on sales of assetsRelated to mission $416$416
VIII-12 Total revenueRelated to mission $82,886 · Unrelated business $0 · Excluded from tax $0$594,270
Part IX · Statement of functional expenses $689,172 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $64,317 · Management $44,069 · Fundraising $10,719$119,105
IX-7 Other salaries and wagesPrograms $112,687 · Management $77,212 · Fundraising $18,781$208,680
IX-8 Pension plan contributionsPrograms $3,459 · Management $2,370 · Fundraising $576$6,405
IX-9 Other employee benefitsPrograms $12,819 · Management $8,784 · Fundraising $2,137$23,740
IX-10 Payroll taxesPrograms $17,081 · Management $11,704 · Fundraising $2,847$31,632
IX-11b Legal feesManagement $1,138$1,138
IX-11c Accounting feesManagement $18,261$18,261
IX-11g Other fees for servicesPrograms $24,487 · Management $16,778 · Fundraising $4,081$45,346
IX-13 Office expensesPrograms $10,868 · Management $7,447 · Fundraising $1,811$20,126
IX-14 Information technologyPrograms $2,105 · Management $1,442 · Fundraising $351$3,898
IX-16 OccupancyPrograms $3,383 · Management $2,318 · Fundraising $564$6,265
IX-17 TravelPrograms $90,090 · Management $61,728 · Fundraising $15,015$166,833
IX-19 Conferences, conventions and meetingsPrograms $18,846 · Management $12,913 · Fundraising $3,141$34,900
IX-23 InsurancePrograms $1,535 · Management $1,052 · Fundraising $256$2,843
IX-25 Total functional expensesPrograms $361,677 · Management $267,216 · Fundraising $60,279$689,172
Part X · Balance sheet $188,023 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $276,664$185,813
X-2 Savings and temporary cash investmentsStart of year $1,210$1,210
X-4 Accounts receivable$1,000
X-16 Total assetsStart of year $277,874$188,023
X-17 Accounts payable and accrued expensesStart of year $19,021$24,072
X-26 Total liabilitiesStart of year $19,021$24,072
X-27 Net assets without donor restrictionsStart of year $258,853$163,951
X-32 Total net assets or fund balancesStart of year $258,853$163,951
X-33 Total liabilities and net assetsStart of year $277,874$188,023
Part XI · Reconciliation of net assets $163,951 net assets at year end
XI-1 Total revenue$594,270
XI-2 Total expenses$689,172
XI-3 Revenue less expenses−$94,902
XI-4 Net assets at start of year$258,853
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$163,951

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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