Public Charity

Commonwise Education Inc

Commonwise Education Inc, of Bronx, NY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $315K in revenue, $625K in expenses, $480K in total assets. 5 publicly reported grants to this organization, totaling roughly $135K, appear in IRS filings.

EIN: 452201993 Bronx, NY Latest filing: 2024
Total Revenue$315K
Total Expenses$625K
Total Assets$480K
Grant Records5
Funding Total$135K
Filing Years2020–2024

Mission

THE ORGANIZATION COORDINATES THE PEOPLE, BUSINESSES AND INSTITUTIONS OF THE BRONX TO DEVELOP SHARED WEALTH AND OWNERSHIP AND SUPPORTS LOW INCOME PEOPLE OF COLOR IN THE DECISION MAKING PROCESS AT EVERY STEP. THIS NETWORK OF STAKEHOLDERS,IS KNOWN AS THE BRONX COOPERATIVE DEVELOPMENT INITIATIVE (BCDI). BASED ON A FRAMEWORK OF ECONOMIC DEMOCRACY, BCDI LEVERAGES EXISTING BRONX ASSETS TO ADDRESS ECONOMIC, SOCIAL, AND ENVIRONMENTAL CHALLENGES WITHIN THE BOROUGH, AND SUPPORTS COLLECTIVE OWNERSHIP MODELS IN ORDER TO DISTRIBUTE WEALTH AND DECISION-MAKING EQUITABLY AND BROADLY AMONG BRONX RESIDENTS.

Officers & Directors

Director Danny Peralta
Vice President Dariella Rodriguez
Director Kellie Terry
Treasurer Nick Iuviene
President Sandra Lobo
Executive Dir. Siddhartha Sanchez

Officer compensation and complete director data available with membership.

Top Grant Purposes

Ascend NY
$55,055 1 grant
General operating support
$40,000 1 grant
Ascend NY program
$22,160 1 grant
Economic Development
$10,000 1 grant
Unspecified
$8,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $315K $625K $480K
2023 $653K $924K $530K
2022 $1.2M $1.3M $805K
2021 $932K $1.3M $784K
2020 $1.7M $1.1M $1.2M

Between 2020 and 2024, reported annual revenue declined from $1.7M to $315K (-82%), with total assets most recently reported at $480K.

Interactive year-over-year charts and full filing details available with membership.

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