Skaalen Village Inc

Skaalen Village Inc. consistently operates at a significant deficit, with liabilities exceeding assets.

EIN: 20663908 · Stoughton, WI · Updated: 2026-03-28

$560KRevenue

$7.0MAssets

45/100Mission Score (Fair)

About Skaalen Village Inc

Skaalen Village Inc (EIN: 20663908) is a nonprofit organization based in Stoughton, WI. The organization reported total revenue of $560K and total assets of $7.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Skaalen Village Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Skaalen Village Inc. exhibits significant financial challenges, consistently operating at a substantial deficit over the past decade. In 2023, the organization reported revenues of $550,095 against expenses of $869,888, resulting in a deficit of over $300,000. This pattern of expenses far exceeding revenue is a long-standing issue, indicating an unsustainable financial model. While the organization maintains substantial assets, reported at $6,885,775 in 2023, its liabilities are considerably higher, reaching $11,656,316 in the same period, suggesting a precarious balance sheet. The consistent decline in assets over the years, from $8,431,833 in 2014 to $6,885,775 in 2023, further underscores financial strain.

Spending efficiency is difficult to fully assess without a detailed functional expense breakdown, which is not provided in the summary data. However, the persistent operational deficits suggest that current spending levels are not aligned with revenue generation. The absence of reported officer compensation across all filings indicates either a volunteer-led executive team or compensation falling below reporting thresholds, which could be a positive for efficiency if operations are effectively managed. Transparency regarding executive compensation is high, as zero compensation is reported.

Overall, Skaalen Village Inc. faces significant financial headwinds. The consistent and large operational deficits, coupled with liabilities far exceeding assets, raise concerns about long-term viability. While the lack of reported executive compensation is a positive, the fundamental imbalance between revenue and expenses needs to be addressed for improved financial health and sustainability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Skaalen Village Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 20%
programs: 70%
fundraising: 10%

According to IRS 990 filings, Skaalen Village Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

No officer compensation has been reported across all available filings, suggesting either a volunteer executive leadership or compensation levels below IRS reporting thresholds, which is positive for minimizing overhead in this area.

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 Skaalen Village Inc's IRS 990 filings:

Consistent and significant operational deficits (e.g., $319,793 deficit in 2023).
Liabilities consistently exceed assets (e.g., $11,656,316 liabilities vs. $6,885,775 assets in 2023).
Declining asset base over the past decade (from $8.4M in 2014 to $6.8M in 2023).

Strengths

The following positive indicators were identified for Skaalen Village Inc:

No reported officer compensation, indicating low executive overhead.
Long operating history with 13 IRS 990 filings, suggesting established presence.

Frequently Asked Questions about Skaalen Village Inc

How does Skaalen Village Inc. plan to address its persistent operational deficits?

The organization has consistently spent significantly more than it earns, with expenses exceeding revenue by over $300,000 in 2023. A clear strategy for revenue enhancement or expense reduction is critical for sustainability.

What is the nature of the organization's substantial liabilities?

With liabilities of $11,656,316 in 2023, significantly higher than its $6,885,775 in assets, understanding the composition and repayment terms of these liabilities is crucial for assessing financial risk.

What are the primary sources of revenue for Skaalen Village Inc.?

Given the consistent deficits, understanding the revenue streams and their stability is important to evaluate the potential for future financial improvement.

What specific programs does Skaalen Village Inc. operate?

Without NTEE code or program details, it's difficult to fully assess the impact and efficiency of the organization's core activities, especially in light of its financial challenges.

Filing History

IRS 990 filing history for Skaalen Village Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Skaalen Village Inc's revenue has declined by 18.3%, moving from $673K to $550K. Total assets decreased by 21.3% over the same period, from $8.7M to $6.9M. Total functional expenses rose by 45.9%, from $596K to $870K. In its most recent filing year (2023), Skaalen Village Inc reported a deficit of $320K, with expenses exceeding revenue. The organization holds $11.7M in liabilities against $6.9M in assets (debt-to-asset ratio: 169.3%), resulting in net assets of $-4,770,541.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$550K	$870K	$6.9M	$11.7M	—	—
2022	$483K	$869K	$7.6M	$12.0M	—	View 990
2021	$516K	$787K	$7.0M	$11.0M	—	View 990
2020	$443K	$767K	$7.3M	$11.1M	—	View 990
2019	$433K	$746K	$7.3M	$10.7M	—	View 990
2018	$427K	$769K	$7.7M	$10.8M	—	View 990
2017	$412K	$717K	$7.7M	$10.5M	—	View 990
2016	$397K	$687K	$8.1M	$10.6M	—	View 990
2015	$402K	$684K	$8.3M	$10.5M	—	View 990
2014	$395K	$672K	$8.4M	$10.4M	—	View 990
2013	$378K	$662K	$8.7M	$10.4M	—	View 990
2012	$719K	$605K	$8.5M	$7.6M	—	View 990
2011	$673K	$596K	$8.7M	$7.9M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $550K, expenses of $870K, and assets of $6.9M (revenue +13.8% year-over-year).
2022: Revenue of $483K, expenses of $869K, and assets of $7.6M (revenue -6.4% year-over-year).
2021: Revenue of $516K, expenses of $787K, and assets of $7.0M (revenue +16.6% year-over-year).
2020: Revenue of $443K, expenses of $767K, and assets of $7.3M (revenue +2.2% year-over-year).
2019: Revenue of $433K, expenses of $746K, and assets of $7.3M (revenue +1.3% year-over-year).
2018: Revenue of $427K, expenses of $769K, and assets of $7.7M (revenue +3.8% year-over-year).
2017: Revenue of $412K, expenses of $717K, and assets of $7.7M (revenue +3.8% year-over-year).
2016: Revenue of $397K, expenses of $687K, and assets of $8.1M (revenue -1.3% year-over-year).
2015: Revenue of $402K, expenses of $684K, and assets of $8.3M (revenue +1.7% year-over-year).
2014: Revenue of $395K, expenses of $672K, and assets of $8.4M (revenue +4.4% year-over-year).
2013: Revenue of $378K, expenses of $662K, and assets of $8.7M (revenue -47.4% year-over-year).
2012: Revenue of $719K, expenses of $605K, and assets of $8.5M (revenue +6.9% year-over-year).
2011: Revenue of $673K, expenses of $596K, and assets of $8.7M.

Data Sources and Methodology

This transparency report for Skaalen Village Inc 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.