Wbcs Inc
EIN: 391926351 · Milwaukee, WI · NTEE: T30Z
| Metric | Value |
|---|---|
| Total Revenue | $263K |
| Total Expenses | $26K |
| Net Assets | $539K |
Is Wbcs Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wbcs Inc
Wbcs Inc (EIN: 391926351) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code T30Z. The organization reported total revenue of $263K and total assets of $425K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wbcs Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wbcs Inc is a small nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $244K |
| Total Expenses | $26K |
| Surplus / Deficit | +$218K |
| Total Assets | $547K |
| Total Liabilities | $7K |
| Net Assets | $539K |
| Operating Margin | 89.3% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 251.6 months |
Financial Health Grade: A
In 2023, Wbcs Inc reported a surplus of $218K with revenue exceeding expenses, holds 251.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Wbcs Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -43.3% | -93.2% | +67.6% |
| 2022 | +177.6% | +2061.0% | +19.8% |
| 2021 | +45.3% | -22.7% | +96.9% |
| 2020 | -62.2% | -91.5% | +172.3% |
| 2019 | -14.2% | -22.2% | +30.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wbcs Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Wbcs Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $218K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.3%.
Frequently Asked Questions about Wbcs Inc
Is Wbcs Inc a legitimate charity?
Wbcs Inc (EIN: 391926351) is a registered tax-exempt nonprofit based in Wisconsin. It has 13 years of IRS 990 filings on record. Total revenue: $263K. No red flags identified. Financial health grade: A.
How does Wbcs Inc spend its money?
Wbcs Inc reported $263K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wbcs Inc tax-deductible?
Wbcs Inc is registered as a tax-exempt nonprofit (EIN: 391926351). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wbcs Inc located?
Wbcs Inc is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 391926351. It is classified under NTEE code T30Z.
How many years of IRS 990 filings does Wbcs Inc have?
Wbcs 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 $263K in total revenue.
Filing History
IRS 990 filing history for Wbcs Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wbcs Inc's revenue has declined by 21.8%, moving from $312K to $244K. Total assets increased by 1756.4% over the same period, from $29K to $547K. Total functional expenses fell by 92.2%, from $334K to $26K. In its most recent filing year (2023), Wbcs Inc reported a surplus of $218K, with revenue exceeding expenses. The organization holds $7K in liabilities against $547K in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $539K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $244K | $26K | $547K | $7K | — | — |
| 2022 | $431K | $382K | $326K | $5K | — | View 990 |
| 2021 | $155K | $18K | $272K | $0 | — | — |
| 2020 | $107K | $23K | $138K | $4K | — | — |
| 2019 | $283K | $268K | $51K | $0 | — | View 990 |
| 2018 | $329K | $344K | $39K | $3K | — | View 990 |
| 2017 | $321K | $340K | $51K | $0 | — | View 990 |
| 2016 | $378K | $367K | $70K | $0 | — | View 990 |
| 2015 | $377K | $360K | $60K | $0 | — | View 990 |
| 2014 | $339K | $373K | $56K | $13K | — | View 990 |
| 2013 | $371K | $362K | $92K | $15K | — | View 990 |
| 2012 | $409K | $365K | $74K | $5K | — | View 990 |
| 2011 | $312K | $334K | $29K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $244K, expenses of $26K, and assets of $547K (revenue -43.3% year-over-year).
- 2022: Revenue of $431K, expenses of $382K, and assets of $326K (revenue +177.6% year-over-year).
- 2021: Revenue of $155K, expenses of $18K, and assets of $272K (revenue +45.3% year-over-year).
- 2020: Revenue of $107K, expenses of $23K, and assets of $138K (revenue -62.2% year-over-year).
- 2019: Revenue of $283K, expenses of $268K, and assets of $51K (revenue -14.2% year-over-year).
- 2018: Revenue of $329K, expenses of $344K, and assets of $39K (revenue +2.7% year-over-year).
- 2017: Revenue of $321K, expenses of $340K, and assets of $51K (revenue -15.1% year-over-year).
- 2016: Revenue of $378K, expenses of $367K, and assets of $70K (revenue +0.2% year-over-year).
- 2015: Revenue of $377K, expenses of $360K, and assets of $60K (revenue +11.1% year-over-year).
- 2014: Revenue of $339K, expenses of $373K, and assets of $56K (revenue -8.5% year-over-year).
- 2013: Revenue of $371K, expenses of $362K, and assets of $92K (revenue -9.3% year-over-year).
- 2012: Revenue of $409K, expenses of $365K, and assets of $74K (revenue +30.9% year-over-year).
- 2011: Revenue of $312K, expenses of $334K, and assets of $29K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wbcs Inc:
Data Sources and Methodology
This transparency report for Wbcs 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.