Wisconsin Corporation For Biomedical Research
EIN: 391979707 · Milwaukee, WI · NTEE: H92
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $301K |
| Net Assets | $2.1M |
Is Wisconsin Corporation For Biomedical Research Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wisconsin Corporation For Biomedical Research
Wisconsin Corporation For Biomedical Research (EIN: 391979707) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code H92. The organization reported total revenue of $1.1M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wisconsin Corporation For Biomedical Research's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wisconsin Corporation For Biomedical Research is a mid-size nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $437K |
| Total Expenses | $301K |
| Surplus / Deficit | +$137K |
| Total Assets | $2.2M |
| Total Liabilities | $41K |
| Net Assets | $2.1M |
| Operating Margin | 31.2% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 87.2 months |
Financial Health Grade: A
In 2023, Wisconsin Corporation For Biomedical Research reported a surplus of $137K with revenue exceeding expenses, holds 87.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Wisconsin Corporation For Biomedical Research's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.0% | +36.5% | +5.0% |
| 2022 | -2.2% | +1.1% | +4.7% |
| 2021 | +2.5% | -6.9% | +9.6% |
| 2020 | -15.8% | -31.1% | +4.3% |
| 2019 | +40.4% | +25.6% | +9.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 8000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wisconsin Corporation For Biomedical Research 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 Wisconsin Corporation For Biomedical Research 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 $137K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.9%.
Frequently Asked Questions about Wisconsin Corporation For Biomedical Research
Is Wisconsin Corporation For Biomedical Research a legitimate charity?
Wisconsin Corporation For Biomedical Research (EIN: 391979707) is a registered tax-exempt nonprofit based in Wisconsin. It has 13 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. Financial health grade: A.
How does Wisconsin Corporation For Biomedical Research spend its money?
Wisconsin Corporation For Biomedical Research reported $1.1M 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 Wisconsin Corporation For Biomedical Research tax-deductible?
Wisconsin Corporation For Biomedical Research is registered as a tax-exempt nonprofit (EIN: 391979707). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wisconsin Corporation For Biomedical Research located?
Wisconsin Corporation For Biomedical Research is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 391979707. It is classified under NTEE code H92.
How many years of IRS 990 filings does Wisconsin Corporation For Biomedical Research have?
Wisconsin Corporation For Biomedical Research 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Wisconsin Corporation For Biomedical Research showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wisconsin Corporation For Biomedical Research's revenue has grown by 50.5%, moving from $290K to $437K. Total assets decreased by 9.6% over the same period, from $2.4M to $2.2M. Total functional expenses fell by 60.4%, from $759K to $301K. In its most recent filing year (2023), Wisconsin Corporation For Biomedical Research reported a surplus of $137K, with revenue exceeding expenses. The organization holds $41K in liabilities against $2.2M in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $437K | $301K | $2.2M | $41K | — | View 990 |
| 2022 | $353K | $220K | $2.1M | $73K | — | — |
| 2021 | $360K | $218K | $2.0M | $88K | — | View 990 |
| 2020 | $351K | $234K | $1.8M | $57K | — | — |
| 2019 | $418K | $339K | $1.7M | $106K | — | View 990 |
| 2018 | $297K | $270K | $1.6M | $61K | — | View 990 |
| 2017 | $191K | $316K | $1.7M | $146K | — | View 990 |
| 2016 | $371K | $473K | $1.7M | $88K | — | View 990 |
| 2015 | $481K | $649K | $1.9M | $201K | — | View 990 |
| 2014 | $418K | $667K | $2.2M | $341K | — | View 990 |
| 2013 | $520K | $519K | $2.3M | $148K | — | View 990 |
| 2012 | $469K | $633K | $2.3M | $116K | — | View 990 |
| 2011 | $290K | $759K | $2.4M | $105K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $437K, expenses of $301K, and assets of $2.2M (revenue +24.0% year-over-year).
- 2022: Revenue of $353K, expenses of $220K, and assets of $2.1M (revenue -2.2% year-over-year).
- 2021: Revenue of $360K, expenses of $218K, and assets of $2.0M (revenue +2.5% year-over-year).
- 2020: Revenue of $351K, expenses of $234K, and assets of $1.8M (revenue -15.8% year-over-year).
- 2019: Revenue of $418K, expenses of $339K, and assets of $1.7M (revenue +40.4% year-over-year).
- 2018: Revenue of $297K, expenses of $270K, and assets of $1.6M (revenue +56.0% year-over-year).
- 2017: Revenue of $191K, expenses of $316K, and assets of $1.7M (revenue -48.6% year-over-year).
- 2016: Revenue of $371K, expenses of $473K, and assets of $1.7M (revenue -22.9% year-over-year).
- 2015: Revenue of $481K, expenses of $649K, and assets of $1.9M (revenue +15.2% year-over-year).
- 2014: Revenue of $418K, expenses of $667K, and assets of $2.2M (revenue -19.6% year-over-year).
- 2013: Revenue of $520K, expenses of $519K, and assets of $2.3M (revenue +11.0% year-over-year).
- 2012: Revenue of $469K, expenses of $633K, and assets of $2.3M (revenue +61.3% year-over-year).
- 2011: Revenue of $290K, expenses of $759K, and assets of $2.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wisconsin Corporation For Biomedical Research:
Data Sources and Methodology
This transparency report for Wisconsin Corporation For Biomedical Research 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.