Wisconsin Council On Medical Education & Workforce Inc
EIN: 471800780 · Madison, WI · NTEE: E12
| Metric | Value |
|---|---|
| Total Revenue | $214K |
| Total Expenses | $181K |
| Net Assets | $305K |
Is Wisconsin Council On Medical Education & Workforce Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wisconsin Council On Medical Education & Workforce Inc
Wisconsin Council On Medical Education & Workforce Inc (EIN: 471800780) is a nonprofit organization based in Madison, WI, classified under NTEE code E12. The organization reported total revenue of $214K and total assets of $225K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wisconsin Council On Medical Education & Workforce Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wisconsin Council On Medical Education & Workforce Inc is a small nonprofit that has been operating for 10 years, with 6 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -19.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $76K |
| Total Expenses | $181K |
| Surplus / Deficit | $-104,785 |
| Total Assets | $305K |
| Total Liabilities | $1 |
| Net Assets | $305K |
| Operating Margin | -137.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 20.2 months |
Financial Health Grade: B
In 2023, Wisconsin Council On Medical Education & Workforce Inc reported a deficit of $105K with expenses exceeding revenue, holds 20.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2014–2023), Wisconsin Council On Medical Education & Workforce Inc's revenue has declined at a compound annual growth rate (CAGR) of -19.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -31.3% | +5.6% | -25.5% |
| 2022 | +33.8% | +9.9% | -12.8% |
| 2021 | +39.1% | -0.3% | -13.4% |
| 2020 | +8.8% | -32.7% | -15.1% |
| 2019 | -89.7% | +882.4% | +26.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wisconsin Council On Medical Education & Workforce 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 Wisconsin Council On Medical Education & Workforce 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 deficit of $105K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Wisconsin Council On Medical Education & Workforce Inc
Is Wisconsin Council On Medical Education & Workforce Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wisconsin Council On Medical Education & Workforce Inc (EIN: 471800780) insufficient data. 0 red flags identified, 0 strengths noted.
How does Wisconsin Council On Medical Education & Workforce Inc spend its money?
Detailed spending breakdown data is not yet available for Wisconsin Council On Medical Education & Workforce Inc. Check back for updated IRS 990 analysis.
Are donations to Wisconsin Council On Medical Education & Workforce Inc tax-deductible?
Wisconsin Council On Medical Education & Workforce Inc is registered as a tax-exempt nonprofit (EIN: 471800780). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wisconsin Council On Medical Education & Workforce Inc located?
Wisconsin Council On Medical Education & Workforce Inc is headquartered in Madison, Wisconsin and files with the IRS under EIN 471800780. It is classified under NTEE code E12.
How many years of IRS 990 filings does Wisconsin Council On Medical Education & Workforce Inc have?
Wisconsin Council On Medical Education & Workforce Inc has 6 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 $214K in total revenue.
Filing History
IRS 990 filing history for Wisconsin Council On Medical Education & Workforce Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2014–2023), Wisconsin Council On Medical Education & Workforce Inc's revenue has declined by 85.6%, moving from $530K to $76K. Total assets decreased by 39.7% over the same period, from $507K to $305K. Total functional expenses rose by 664.8%, from $24K to $181K. In its most recent filing year (2023), Wisconsin Council On Medical Education & Workforce Inc reported a deficit of $105K, with expenses exceeding revenue. The organization holds $1 in liabilities against $305K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $305K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $76K | $181K | $305K | $1 | — | View 990 |
| 2022 | $111K | $172K | $410K | $1 | — | View 990 |
| 2021 | $83K | $156K | $471K | $1 | — | View 990 |
| 2020 | $60K | $157K | $544K | $1 | — | View 990 |
| 2019 | $55K | $233K | $640K | $0 | — | View 990 |
| 2014 | $530K | $24K | $507K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $76K, expenses of $181K, and assets of $305K (revenue -31.3% year-over-year).
- 2022: Revenue of $111K, expenses of $172K, and assets of $410K (revenue +33.8% year-over-year).
- 2021: Revenue of $83K, expenses of $156K, and assets of $471K (revenue +39.1% year-over-year).
- 2020: Revenue of $60K, expenses of $157K, and assets of $544K (revenue +8.8% year-over-year).
- 2019: Revenue of $55K, expenses of $233K, and assets of $640K (revenue -89.7% year-over-year).
- 2014: Revenue of $530K, expenses of $24K, and assets of $507K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wisconsin Council On Medical Education & Workforce Inc:
Data Sources and Methodology
This transparency report for Wisconsin Council On Medical Education & Workforce 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.