Is Wisconsin Health Information Organization Inc Legit?

Wisconsin Health Information Organization Inc (WHIO) demonstrates consistent financial activity, with revenues and expenses generally in a similar range over the past several years. For the most recent period (202312), the organization reported revenues of $2,698,227 against expenses of $2,404,109, indicating a surplus. While the provided data does not detail the breakdown of program, administrative, and fundraising expenses, the consistent reporting and the absence of officer compensation suggest a degree of financial prudence and transparency. The organization's assets have fluctuated, peaking in 2015-2016 and then declining, but have shown a slight recovery in recent years, reaching $2,600,169 in 202312. Liabilities have also varied, but the organization consistently maintains positive net assets. WHIO's financial health appears stable, with revenues generally covering expenses. The lack of reported officer compensation is a notable positive indicator for transparency and efficient use of funds. However, without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency across program delivery versus overhead. The organization's consistent filing history over 13 periods further supports its commitment to transparency.