Family Connections Of Southwest Wisconsin Incorporated

About Family Connections Of Southwest Wisconsin Incorporated

Family Connections Of Southwest Wisconsin Incorporated (EIN: 202056572) is a nonprofit organization based in Platteville, WI, classified under NTEE code P40. The organization reported total revenue of $148K and total assets of $26K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Connections Of Southwest Wisconsin Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Family Connections Of Southwest Wisconsin Incorporated with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

• admin: 15%
• programs: 80%
• fundraising: 5%

According to IRS 990 filings, Family Connections Of Southwest Wisconsin Incorporated allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, suggesting that the organization is either entirely volunteer-run at the executive level or has very minimal, non-reportable compensation for its leadership, which is highly efficient for an organization of its size.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Family Connections Of Southwest Wisconsin Incorporated's IRS 990 filings:

• Consistent deficit spending (e.g., 2023 expenses $148,008 vs. revenue $121,915)
• Significant decline in assets over recent years (from $184,226 in 2019 to $26,207 currently)
• Highly volatile revenue stream, making financial planning challenging

Strengths

The following positive indicators were identified for Family Connections Of Southwest Wisconsin Incorporated:

• Zero reported officer compensation, indicating high efficiency in executive costs
• Consistent filing of IRS 990s, demonstrating transparency
• Long operational history with 13 filings available

Frequently Asked Questions about Family Connections Of Southwest Wisconsin Incorporated

Filing History

IRS 990 filing history for Family Connections Of Southwest Wisconsin Incorporated showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Family Connections Of Southwest Wisconsin Incorporated's revenue has declined by 58%, moving from $290K to $122K. Total assets decreased by 69.7% over the same period, from $147K to $45K. Total functional expenses fell by 47.9%, from $284K to $148K. In its most recent filing year (2023), Family Connections Of Southwest Wisconsin Incorporated reported a deficit of $26K, with expenses exceeding revenue. The organization holds $10K in liabilities against $45K in assets (debt-to-asset ratio: 22.7%), resulting in net assets of $34K.

Year-by-Year Financial Summary

• 2023: Revenue of $122K, expenses of $148K, and assets of $45K (revenue -13.5% year-over-year).
• 2022: Revenue of $141K, expenses of $160K, and assets of $66K (revenue +111.3% year-over-year).
• 2021: Revenue of $67K, expenses of $112K, and assets of $72K (revenue +323.9% year-over-year).
• 2020: Revenue of $16K, expenses of $80K, and assets of $117K (revenue -92.6% year-over-year).
• 2019: Revenue of $212K, expenses of $197K, and assets of $184K (revenue -19.5% year-over-year).
• 2018: Revenue of $263K, expenses of $248K, and assets of $173K (revenue -6.6% year-over-year).
• 2017: Revenue of $282K, expenses of $267K, and assets of $158K (revenue +3.3% year-over-year).
• 2016: Revenue of $273K, expenses of $266K, and assets of $146K (revenue -1.6% year-over-year).
• 2015: Revenue of $277K, expenses of $263K, and assets of $140K (revenue +14.9% year-over-year).
• 2014: Revenue of $241K, expenses of $240K, and assets of $134K (revenue -3.6% year-over-year).
• 2013: Revenue of $250K, expenses of $270K, and assets of $123K (revenue -11.6% year-over-year).
• 2012: Revenue of $283K, expenses of $261K, and assets of $152K (revenue -2.3% year-over-year).
• 2011: Revenue of $290K, expenses of $284K, and assets of $147K.

Data Sources and Methodology

This transparency report for Family Connections Of Southwest Wisconsin Incorporated is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.