South Wood County Recreation Inc
South Wood County Recreation Inc maintains stable operations with growing assets and no reported officer compensation.
EIN: 208060228 · Wisc Rapids, WI · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $491K |
| Total Expenses | $310K |
| Program Spending | 90% |
| Net Assets | $818K |
| Transparency Score | 85/100 |
Is South Wood County Recreation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
South Wood County Recreation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About South Wood County Recreation Inc
South Wood County Recreation Inc (EIN: 208060228) is a nonprofit organization based in Wisc Rapids, WI, classified under NTEE code T30. The organization reported total revenue of $491K and total assets of $981K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Wood County Recreation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Wood County Recreation Inc is a small nonprofit that has been operating for 14 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $307K |
| Total Expenses | $310K |
| Surplus / Deficit | $-3,675 |
| Total Assets | $928K |
| Total Liabilities | $111K |
| Net Assets | $818K |
| Operating Margin | -1.2% |
| Debt-to-Asset Ratio | 11.9% |
| Months of Reserves | 35.9 months |
Financial Health Grade: B
In 2023, South Wood County Recreation Inc reported a deficit of $4K with expenses exceeding revenue, holds 35.9 months of operating reserves (strong position), has a debt-to-asset ratio of 11.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), South Wood County Recreation Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.4% | +12.2% | +2.8% |
| 2022 | -54.0% | -7.4% | -9.4% |
| 2021 | +112.9% | +17.7% | +52.1% |
| 2020 | -13.7% | -3.9% | +22.6% |
| 2019 | +26.2% | +7.2% | +35.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates South Wood County Recreation Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, South Wood County Recreation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for minimizing administrative overhead.
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 South Wood County Recreation Inc's IRS 990 filings:
- Fluctuating annual revenues and expenses, though generally balanced, could indicate reliance on variable funding sources.
Strengths
The following positive indicators were identified for South Wood County Recreation Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency in executive overhead.
- Significant growth in assets from $395,107 in 2018 to $928,449 in 2023, demonstrating financial stability and growth.
- Generally balanced revenues and expenses over the past decade, suggesting sound financial management.
- Clear alignment between organization name and NTEE code (Recreation & Sports), indicating a focused mission.
Frequently Asked Questions about South Wood County Recreation Inc
Is South Wood County Recreation Inc a legitimate charity?
South Wood County Recreation Inc (EIN: 208060228) is a registered tax-exempt nonprofit based in Wisconsin. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $491K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does South Wood County Recreation Inc spend its money?
South Wood County Recreation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to South Wood County Recreation Inc tax-deductible?
South Wood County Recreation Inc is registered as a tax-exempt nonprofit (EIN: 208060228). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does South Wood County Recreation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), South Wood County Recreation Inc is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is South Wood County Recreation Inc located?
South Wood County Recreation Inc is headquartered in Wisc Rapids, Wisconsin and files with the IRS under EIN 208060228. It is classified under NTEE code T30.
How many years of IRS 990 filings does South Wood County Recreation Inc have?
South Wood County Recreation Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $491K in total revenue.
Is South Wood County Recreation Inc a good charity?
Based on the available data, South Wood County Recreation Inc appears to be a well-managed organization. It consistently operates with balanced budgets, has growing assets, and reports no officer compensation, suggesting a strong commitment to program spending and efficiency.
How has the organization's financial health changed over time?
The organization has shown consistent growth in assets, from $395,107 in 2018 to $928,449 in 2023. While revenues and expenses have fluctuated, they generally remain in balance, indicating stable operational health over the long term.
What is the organization's approach to executive compensation?
South Wood County Recreation Inc consistently reports 0% officer compensation, indicating a volunteer-driven leadership or a structure where executive roles are not compensated through traditional officer salaries, which is a strong positive for donor trust.
Filing History
IRS 990 filing history for South Wood County Recreation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), South Wood County Recreation Inc's revenue has declined by 45.9%, moving from $568K to $307K. Total assets increased by 91% over the same period, from $486K to $928K. Total functional expenses rose by 27.5%, from $244K to $310K. In its most recent filing year (2023), South Wood County Recreation Inc reported a deficit of $4K, with expenses exceeding revenue. The organization holds $111K in liabilities against $928K in assets (debt-to-asset ratio: 11.9%), resulting in net assets of $818K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $307K | $310K | $928K | $111K | — | — |
| 2022 | $276K | $277K | $903K | $140K | — | View 990 |
| 2021 | $599K | $299K | $996K | $144K | — | View 990 |
| 2020 | $281K | $254K | $655K | $10K | — | View 990 |
| 2019 | $326K | $264K | $534K | $11K | — | View 990 |
| 2018 | $258K | $246K | $395K | $11K | — | View 990 |
| 2017 | $287K | $306K | $462K | $36K | — | — |
| 2016 | $268K | $258K | $483K | $46K | — | View 990 |
| 2015 | $236K | $299K | $440K | $39K | — | View 990 |
| 2014 | $239K | $277K | $553K | $69K | — | View 990 |
| 2013 | $303K | $263K | $556K | $18K | — | View 990 |
| 2012 | $218K | $251K | $497K | $31K | — | View 990 |
| 2011 | $568K | $244K | $486K | $37K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $307K, expenses of $310K, and assets of $928K (revenue +11.4% year-over-year).
- 2022: Revenue of $276K, expenses of $277K, and assets of $903K (revenue -54.0% year-over-year).
- 2021: Revenue of $599K, expenses of $299K, and assets of $996K (revenue +112.9% year-over-year).
- 2020: Revenue of $281K, expenses of $254K, and assets of $655K (revenue -13.7% year-over-year).
- 2019: Revenue of $326K, expenses of $264K, and assets of $534K (revenue +26.2% year-over-year).
- 2018: Revenue of $258K, expenses of $246K, and assets of $395K (revenue -10.1% year-over-year).
- 2017: Revenue of $287K, expenses of $306K, and assets of $462K (revenue +7.4% year-over-year).
- 2016: Revenue of $268K, expenses of $258K, and assets of $483K (revenue +13.2% year-over-year).
- 2015: Revenue of $236K, expenses of $299K, and assets of $440K (revenue -1.2% year-over-year).
- 2014: Revenue of $239K, expenses of $277K, and assets of $553K (revenue -21.2% year-over-year).
- 2013: Revenue of $303K, expenses of $263K, and assets of $556K (revenue +39.4% year-over-year).
- 2012: Revenue of $218K, expenses of $251K, and assets of $497K (revenue -61.7% year-over-year).
- 2011: Revenue of $568K, expenses of $244K, and assets of $486K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South Wood County Recreation Inc:
Data Sources and Methodology
This transparency report for South Wood County Recreation 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.