Quick charity verification for Wisconsin Street Project Incorporated (EIN: 201042161)
Verdict: Wisconsin Street Project Incorporated appears trustworthy
85/100Mission Score
$77KRevenue
$385KAssets
1Red Flags
4Strengths
Red Flags
Expenses exceeded revenue by a significant margin in the latest filing (202306), with expenses at $92,455 against revenue of $65,783.
Strengths
Consistent and substantial asset base (e.g., $385,441 latest assets) providing strong financial stability.
Zero officer compensation reported across all filings, indicating a high dedication to mission and efficient use of funds.
Long history of consistent IRS 990 filings, demonstrating transparency and accountability.
Decreasing trend in liabilities over the past decade, indicating improved financial health and debt management.
Spending Breakdown
How Wisconsin Street Project Incorporated allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Wisconsin Street Project Incorporated
Is Wisconsin Street Project Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Wisconsin Street Project Incorporated (EIN: 201042161) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Wisconsin Street Project Incorporated a good charity to donate to?
Wisconsin Street Project Incorporated has a Mission Score of 85/100. Revenue: $77K. Assets: $385K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wisconsin Street Project Incorporated?
The Employer Identification Number (EIN) for Wisconsin Street Project Incorporated is 201042161. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Wisconsin Street Project Incorporated spend its money?
Wisconsin Street Project Incorporated allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wisconsin Street Project Incorporated's tax-exempt status?
You can verify Wisconsin Street Project Incorporated's tax-exempt status using EIN 201042161 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Wisconsin Street Project Incorporated demonstrates consistent financial operations over the past decade, with annual revenues and expenses generally fluctuating around the $60,000-$70,000 range. The organization maintains a healthy asset base, consistently above $370,000, significantly exceeding its annual revenue and expenses, indicating financial stability. Liabilities have shown a general downward trend from $55,590 in 2014 to $11,147 in 2023, which is a positive indicator of improving financial health and reduced debt burden.
Spending efficiency appears to be a mixed picture. While the organization has maintained a stable financial position, the latest filing (202306) shows expenses ($92,455) significantly exceeding revenue ($65,783), resulting in a deficit for that period. This contrasts with several prior years where expenses were managed closer to or below revenue. However, the organization's substantial assets provide a buffer for such fluctuations. The consistent reporting of 0% officer compensation across all filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive transparency and efficiency indicator.
Overall, the organization exhibits good transparency through its consistent IRS 990 filings and the clear reporting of financial data. Its long-term asset stability and lack of executive compensation are strong points. However, recent operational deficits warrant attention to ensure long-term sustainability, although the overall financial health remains robust due to its asset base.