Waicu Educational Technology Consortium Inc
Waicu Educational Technology Consortium Inc maintains stable finances with consistent revenue and no reported officer compensation.
EIN: 203202578 · Madison, WI · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.7M |
| Transparency Score | 90/100 |
Is Waicu Educational Technology Consortium Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Waicu Educational Technology Consortium Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Waicu Educational Technology Consortium Inc
Waicu Educational Technology Consortium Inc (EIN: 203202578) is a nonprofit organization based in Madison, WI, classified under NTEE code T30. The organization reported total revenue of $1.8M and total assets of $690K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Waicu Educational Technology Consortium Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Waicu Educational Technology Consortium Inc is a mid-size nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$296K |
| Total Assets | $1.8M |
| Total Liabilities | $78K |
| Net Assets | $1.7M |
| Operating Margin | 16.8% |
| Debt-to-Asset Ratio | 4.4% |
| Months of Reserves | 14.6 months |
Financial Health Grade: A
In 2023, Waicu Educational Technology Consortium Inc reported a surplus of $296K with revenue exceeding expenses, holds 14.6 months of operating reserves (strong position), has a debt-to-asset ratio of 4.4% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Waicu Educational Technology Consortium Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +52.4% | +26.2% | +22.8% |
| 2022 | -4.4% | +1.4% | -1.2% |
| 2021 | +6.4% | -10.3% | +5.7% |
| 2020 | +4.6% | +9.7% | -8.0% |
| 2019 | -1.4% | -1.5% | -5.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Waicu Educational Technology Consortium Inc with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Waicu Educational Technology Consortium Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $296K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through non-officer roles, which is highly favorable for a nonprofit of its size with revenues consistently over $1 million.
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.
Strengths
The following positive indicators were identified for Waicu Educational Technology Consortium Inc:
- Consistent financial reporting over 12 periods.
- No reported officer compensation, indicating strong governance or volunteer leadership.
- Healthy asset-to-liability ratio, demonstrating strong financial stability.
- Recent revenue growth in the 202306 period ($1,760,974 from $1,155,703 in 202206).
- Expenses generally well-managed relative to revenue, often resulting in surpluses.
Frequently Asked Questions about Waicu Educational Technology Consortium Inc
Is Waicu Educational Technology Consortium Inc a legitimate charity?
Waicu Educational Technology Consortium Inc (EIN: 203202578) is a registered tax-exempt nonprofit based in Wisconsin. Our AI analysis gives it a Mission Score of 90/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.8M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Waicu Educational Technology Consortium Inc spend its money?
Waicu Educational Technology Consortium Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Waicu Educational Technology Consortium Inc tax-deductible?
Waicu Educational Technology Consortium Inc is registered as a tax-exempt nonprofit (EIN: 203202578). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Waicu Educational Technology Consortium Inc CEO make?
Waicu Educational Technology Consortium Inc's highest-compensated officer earns $1 annually. The organization reported $1.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Waicu Educational Technology Consortium Inc's spending goes to programs?
Waicu Educational Technology Consortium Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Waicu Educational Technology Consortium Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Waicu Educational Technology Consortium 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 Waicu Educational Technology Consortium Inc located?
Waicu Educational Technology Consortium Inc is headquartered in Madison, Wisconsin and files with the IRS under EIN 203202578. It is classified under NTEE code T30.
How many years of IRS 990 filings does Waicu Educational Technology Consortium Inc have?
Waicu Educational Technology Consortium Inc has 12 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 $1.8M in total revenue.
Is Waicu Educational Technology Consortium Inc a good charity?
Based on the available financial data, Waicu Educational Technology Consortium Inc appears to be a well-managed and financially stable organization. Its consistent revenue, healthy asset base, and reported 0% officer compensation are strong positive indicators.
How has the organization's revenue trended over time?
Revenue has generally been stable, hovering around $1.1 million to $1.3 million for most of the past decade, with a notable increase to $1,760,974 in the 202306 period, indicating growth.
What is the organization's financial stability?
The organization demonstrates strong financial stability, with assets of $1,778,978 and liabilities of only $78,446 in the latest period (202306), resulting in a very healthy net asset position.
Filing History
IRS 990 filing history for Waicu Educational Technology Consortium Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Waicu Educational Technology Consortium Inc's revenue has declined by 12.9%, moving from $2.0M to $1.8M. Total assets decreased by 37.4% over the same period, from $2.8M to $1.8M. Total functional expenses fell by 3%, from $1.5M to $1.5M. In its most recent filing year (2023), Waicu Educational Technology Consortium Inc reported a surplus of $296K, with revenue exceeding expenses. The organization holds $78K in liabilities against $1.8M in assets (debt-to-asset ratio: 4.4%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.5M | $1.8M | $78K | — | View 990 |
| 2022 | $1.2M | $1.2M | $1.4M | $44K | — | View 990 |
| 2021 | $1.2M | $1.1M | $1.5M | $57K | — | — |
| 2020 | $1.1M | $1.3M | $1.4M | $42K | — | View 990 |
| 2019 | $1.1M | $1.2M | $1.5M | $23K | — | View 990 |
| 2018 | $1.1M | $1.2M | $1.6M | $35K | — | — |
| 2017 | $1.1M | $1.2M | $1.7M | $28K | — | View 990 |
| 2016 | $1.2M | $1.2M | $1.8M | $59K | — | View 990 |
| 2015 | $1.2M | $1.4M | $1.9M | $153K | — | View 990 |
| 2014 | $1.3M | $1.4M | $2.3M | $315K | — | View 990 |
| 2013 | $2.0M | $1.6M | $2.7M | $663K | — | View 990 |
| 2012 | $2.0M | $1.5M | $2.8M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.5M, and assets of $1.8M (revenue +52.4% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.2M, and assets of $1.4M (revenue -4.4% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.1M, and assets of $1.5M (revenue +6.4% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.3M, and assets of $1.4M (revenue +4.6% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.2M, and assets of $1.5M (revenue -1.4% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.2M, and assets of $1.6M (revenue +1.4% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.2M, and assets of $1.7M (revenue -8.2% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $1.8M (revenue +1.1% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.4M, and assets of $1.9M (revenue -12.4% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.4M, and assets of $2.3M (revenue -32.9% year-over-year).
- 2013: Revenue of $2.0M, expenses of $1.6M, and assets of $2.7M (revenue -1.3% year-over-year).
- 2012: Revenue of $2.0M, expenses of $1.5M, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Waicu Educational Technology Consortium Inc:
Data Sources and Methodology
This transparency report for Waicu Educational Technology Consortium 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.