W โ€” Public & Societal BenefitEIN: 853458271ยท Ruling Year: 2021

Socratus Collective Wisdom Corporation

Belmont, Massachusetts

B+Health Score
69B+

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Good

๐Ÿ’ฐ
$649K
Total Revenue
๐Ÿ“Š
$542K
Total Expenses
๐Ÿฆ
$867K
Net Assets
๐Ÿ“‹
$24K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-33.2%
Year-over-year change (2023 โ†’ 2024)
Net Margin
+16.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.60
Net assets divided by total expenses
Liabilities-to-Assets
2.7%
Total liabilities as % of total assets

Filing History

3 filings on record
YearRevenueExpensesAssets
2024$649,165โ†“33%$541,605โ†‘85%$891,184โ†‘15%
2023$971,306โ†‘383%$292,928โ†‘103%$774,139โ†‘855%
2022$201,052$144,428$81,051

Frequently Asked Questions

What does Socratus Collective Wisdom Corporation do?โ–ผ

Socratus Collective Wisdom Corporation is a public & societal benefit nonprofit organization based in Massachusetts. It is classified under NTEE code W05 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Socratus Collective Wisdom Corporation financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Socratus Collective Wisdom Corporation.

How much revenue does Socratus Collective Wisdom Corporation generate?โ–ผ

Socratus Collective Wisdom Corporation reports $241K in annual revenue and holds $486K in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Public & Societal Benefit category, or browse all nonprofits in Massachusetts.

Socratus Collective Wisdom Corporation โ€” Belmont, MA | GiveScope