Wisconsin Center For Nursing Inc
Wisconsin Center For Nursing Inc. consistently operates at a deficit, leading to declining assets.
EIN: 203559932 · Milwaukee, WI · NTEE: A02 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $248K |
| Total Expenses | $320K |
| Program Spending | 70% |
| Net Assets | $48K |
| Transparency Score | 55/100 |
Is Wisconsin Center For Nursing Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wisconsin Center For Nursing Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Wisconsin Center For Nursing Inc
Wisconsin Center For Nursing Inc (EIN: 203559932) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code A02. The organization reported total revenue of $248K and total assets of $91K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wisconsin Center For Nursing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wisconsin Center For Nursing Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $248K |
| Total Expenses | $320K |
| Surplus / Deficit | $-71,662 |
| Total Assets | $91K |
| Total Liabilities | $43K |
| Net Assets | $48K |
| Operating Margin | -28.9% |
| Debt-to-Asset Ratio | 47.4% |
| Months of Reserves | 3.4 months |
Financial Health Grade: B
In 2024, Wisconsin Center For Nursing Inc reported a deficit of $72K with expenses exceeding revenue, holds 3.4 months of operating reserves (adequate), has a debt-to-asset ratio of 47.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2012–2024), Wisconsin Center For Nursing Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +2.7% | +1.4% | -51.9% |
| 2023 | -2.6% | +19.4% | -14.4% |
| 2022 | -12.0% | +8.8% | -11.2% |
| 2021 | +58.2% | +12.3% | +8.6% |
| 2020 | -20.6% | +5.5% | +5.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Wisconsin Center For Nursing Inc with a Mission Score of 55 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, Wisconsin Center For Nursing Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $72K, with expenses exceeding revenue.
- Debt-to-asset ratio: 47.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either unpaid volunteers or receive no compensation, which is highly unusual for an organization of this size and suggests a very lean administrative structure.
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 Wisconsin Center For Nursing Inc's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., $320,013 expenses vs. $248,351 revenue in 202406).
- Significant decline in total assets from $248,288 in 202106 to $90,916 in 202406.
- Increasing liabilities from $27,507 in 202206 to $43,123 in 202406.
- Lack of detailed spending breakdown beyond officer compensation in provided data, making it difficult to assess program efficiency.
Strengths
The following positive indicators were identified for Wisconsin Center For Nursing Inc:
- Zero reported officer compensation, indicating a commitment to minimizing administrative overhead at the executive level.
- Consistent revenue generation over many years, albeit often exceeded by expenses.
- Long filing history (13 filings), suggesting established operations.
Frequently Asked Questions about Wisconsin Center For Nursing Inc
Is Wisconsin Center For Nursing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wisconsin Center For Nursing Inc (EIN: 203559932) some concerns. Mission Score: 55/100. 4 red flags identified, 3 strengths noted.
How does Wisconsin Center For Nursing Inc spend its money?
Wisconsin Center For Nursing Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wisconsin Center For Nursing Inc tax-deductible?
Wisconsin Center For Nursing Inc is registered as a tax-exempt nonprofit (EIN: 203559932). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Wisconsin Center For Nursing Inc's spending goes to programs?
Wisconsin Center For Nursing Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Wisconsin Center For Nursing Inc compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Wisconsin Center For Nursing Inc is near average for NTEE category A02 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wisconsin Center For Nursing Inc located?
Wisconsin Center For Nursing Inc is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 203559932. It is classified under NTEE code A02.
How many years of IRS 990 filings does Wisconsin Center For Nursing Inc have?
Wisconsin Center For Nursing 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 $248K in total revenue.
Is Wisconsin Center For Nursing Inc. financially stable?
No, the organization has consistently spent more than its revenue in the last four reporting periods (2020-2024), leading to a significant decline in assets from $248,288 in 202106 to $90,916 in 202406, and an increase in liabilities.
What is the trend in the organization's assets?
The organization's assets have been in a significant decline, dropping from a high of $310,231 in 201506 to $90,916 in 202406, with a particularly sharp decrease from $248,288 in 202106.
How does officer compensation compare to similar nonprofits?
The reported 0% officer compensation is exceptionally low and suggests a volunteer-driven leadership, which is generally positive for resource allocation but could also indicate potential challenges in attracting and retaining experienced leadership without compensation.
What caused the large revenue spike in 2015?
In 201506, the organization reported revenue of $412,072, significantly higher than its typical annual revenue of around $240,000. Without further detail, it's unclear if this was a one-time grant, a major fundraising event, or another unusual income source.
Filing History
IRS 990 filing history for Wisconsin Center For Nursing Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Wisconsin Center For Nursing Inc's revenue has grown by 25.8%, moving from $197K to $248K. Total assets decreased by 1% over the same period, from $92K to $91K. Total functional expenses rose by 85%, from $173K to $320K. In its most recent filing year (2024), Wisconsin Center For Nursing Inc reported a deficit of $72K, with expenses exceeding revenue. The organization holds $43K in liabilities against $91K in assets (debt-to-asset ratio: 47.4%), resulting in net assets of $48K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $248K | $320K | $91K | $43K | — | — |
| 2023 | $242K | $316K | $189K | $69K | — | View 990 |
| 2022 | $248K | $264K | $221K | $28K | — | View 990 |
| 2021 | $282K | $243K | $248K | $39K | — | View 990 |
| 2020 | $178K | $216K | $229K | $59K | — | View 990 |
| 2019 | $225K | $205K | $217K | $9K | — | View 990 |
| 2018 | $217K | $193K | $195K | $7K | — | View 990 |
| 2017 | $234K | $290K | $191K | $27K | — | View 990 |
| 2016 | $210K | $300K | $228K | $7K | — | View 990 |
| 2015 | $412K | $292K | $310K | $236 | — | View 990 |
| 2014 | $207K | $275K | $209K | $19K | — | View 990 |
| 2013 | $374K | $200K | $259K | $810 | — | View 990 |
| 2012 | $197K | $173K | $92K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $248K, expenses of $320K, and assets of $91K (revenue +2.7% year-over-year).
- 2023: Revenue of $242K, expenses of $316K, and assets of $189K (revenue -2.6% year-over-year).
- 2022: Revenue of $248K, expenses of $264K, and assets of $221K (revenue -12.0% year-over-year).
- 2021: Revenue of $282K, expenses of $243K, and assets of $248K (revenue +58.2% year-over-year).
- 2020: Revenue of $178K, expenses of $216K, and assets of $229K (revenue -20.6% year-over-year).
- 2019: Revenue of $225K, expenses of $205K, and assets of $217K (revenue +3.7% year-over-year).
- 2018: Revenue of $217K, expenses of $193K, and assets of $195K (revenue -7.6% year-over-year).
- 2017: Revenue of $234K, expenses of $290K, and assets of $191K (revenue +11.5% year-over-year).
- 2016: Revenue of $210K, expenses of $300K, and assets of $228K (revenue -49.0% year-over-year).
- 2015: Revenue of $412K, expenses of $292K, and assets of $310K (revenue +99.4% year-over-year).
- 2014: Revenue of $207K, expenses of $275K, and assets of $209K (revenue -44.7% year-over-year).
- 2013: Revenue of $374K, expenses of $200K, and assets of $259K (revenue +89.3% year-over-year).
- 2012: Revenue of $197K, expenses of $173K, and assets of $92K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wisconsin Center For Nursing Inc:
Data Sources and Methodology
This transparency report for Wisconsin Center For Nursing 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.