Wisconsin Homeowners Alliance Inc
Wisconsin Homeowners Alliance Inc. shows consistent revenue and asset growth with no reported officer compensation, but increasing liabilities.
EIN: 202931469 · Madison, WI · NTEE: L50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.2M |
| Program Spending | 80% |
| Net Assets | $2.9M |
| Transparency Score | 85/100 |
Is Wisconsin Homeowners Alliance Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wisconsin Homeowners Alliance Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wisconsin Homeowners Alliance Inc
Wisconsin Homeowners Alliance Inc (EIN: 202931469) is a nonprofit organization based in Madison, WI, classified under NTEE code L50. The organization reported total revenue of $1.8M and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wisconsin Homeowners Alliance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wisconsin Homeowners Alliance Inc is a mid-size nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$103K |
| Total Assets | $4.0M |
| Total Liabilities | $1.1M |
| Net Assets | $2.9M |
| Operating Margin | 7.7% |
| Debt-to-Asset Ratio | 27.8% |
| Months of Reserves | 39.5 months |
Financial Health Grade: A
In 2023, Wisconsin Homeowners Alliance Inc reported a surplus of $103K with revenue exceeding expenses, holds 39.5 months of operating reserves (strong position), has a debt-to-asset ratio of 27.8% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2023), Wisconsin Homeowners Alliance Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.3% | -4.0% | +9.0% |
| 2022 | +30.1% | +181.7% | +5.9% |
| 2021 | +117.7% | -45.4% | +63.2% |
| 2020 | -51.5% | -48.4% | +13.3% |
| 2020 | -41.0% | -31.5% | +6.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2005 |
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 Homeowners Alliance Inc with a Mission Score of 85 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: 80%
- fundraising: 10%
According to IRS 990 filings, Wisconsin Homeowners Alliance Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $103K, with revenue exceeding expenses.
- Debt-to-asset ratio: 27.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is highly favorable for directing resources to its mission.
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 Homeowners Alliance Inc's IRS 990 filings:
- Increasing liabilities trend, reaching over $1.1 million in 2023, warrants further investigation.
- Lack of detailed expense breakdown (program, admin, fundraising) in summary data limits full spending efficiency analysis.
Strengths
The following positive indicators were identified for Wisconsin Homeowners Alliance Inc:
- Consistent reporting of 0% officer compensation, indicating strong financial stewardship and mission focus.
- Significant asset growth from $1.79 million in 2019 to over $4 million in 2023.
- Stable revenue generation, consistently exceeding $1 million annually in most recent periods.
- Positive net assets in recent years, indicating financial stability.
Frequently Asked Questions about Wisconsin Homeowners Alliance Inc
Is Wisconsin Homeowners Alliance Inc a legitimate charity?
Wisconsin Homeowners Alliance Inc (EIN: 202931469) is a registered tax-exempt nonprofit based in Wisconsin. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.8M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Wisconsin Homeowners Alliance Inc spend its money?
Wisconsin Homeowners Alliance Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Wisconsin Homeowners Alliance Inc tax-deductible?
Wisconsin Homeowners Alliance Inc is registered as a tax-exempt nonprofit (EIN: 202931469). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Wisconsin Homeowners Alliance Inc's spending goes to programs?
Wisconsin Homeowners Alliance Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Wisconsin Homeowners Alliance Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Wisconsin Homeowners Alliance Inc is above average for NTEE category L50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wisconsin Homeowners Alliance Inc located?
Wisconsin Homeowners Alliance Inc is headquartered in Madison, Wisconsin and files with the IRS under EIN 202931469. It is classified under NTEE code L50.
How many years of IRS 990 filings does Wisconsin Homeowners Alliance Inc have?
Wisconsin Homeowners Alliance Inc has 14 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.
What is the nature of the increasing liabilities, which reached $1,125,961 in 2023?
The provided data does not specify the nature of these liabilities. Further investigation into the organization's full IRS Form 990 would be necessary to understand if they are program-related, operational debts, or other obligations.
How does Wisconsin Homeowners Alliance Inc. allocate its expenses between program services, administrative costs, and fundraising?
The provided summary data does not offer a detailed breakdown of expenses. While total expenses are available, the specific percentages for programs, administration, and fundraising are not disclosed, making a precise efficiency assessment difficult without the full 990 forms.
Given the 0% officer compensation, how are the organization's leadership and operational management structured and compensated?
The 0% officer compensation suggests that leadership may be volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, or that the organization relies heavily on non-officer staff. A deeper dive into the full 990 would clarify this.
Filing History
IRS 990 filing history for Wisconsin Homeowners Alliance Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Wisconsin Homeowners Alliance Inc's revenue has grown by 22.2%, moving from $1.1M to $1.3M. Total assets increased by 999.9% over the same period, from $368K to $4.0M. Total functional expenses fell by 1.8%, from $1.3M to $1.2M. In its most recent filing year (2023), Wisconsin Homeowners Alliance Inc reported a surplus of $103K, with revenue exceeding expenses. The organization holds $1.1M in liabilities against $4.0M in assets (debt-to-asset ratio: 27.8%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.2M | $4.0M | $1.1M | — | — |
| 2022 | $1.8M | $1.3M | $3.7M | $1.1M | — | View 990 |
| 2021 | $1.4M | $455K | $3.5M | $1.2M | — | View 990 |
| 2020 | $639K | $835K | $2.2M | $994K | — | View 990 |
| 2020 | $1.3M | $1.6M | $1.9M | $361K | — | — |
| 2019 | $2.2M | $2.4M | $1.8M | $505 | — | View 990 |
| 2018 | $1.2M | $2.2M | $1.9M | $5K | — | View 990 |
| 2017 | $2.1M | $1.5M | $2.9M | $13K | — | View 990 |
| 2016 | $1.1M | $634K | $2.2M | $17K | — | View 990 |
| 2015 | $1.0M | $1.1M | $1.7M | $340 | — | View 990 |
| 2014 | $996K | $271K | $1.8M | $219 | — | View 990 |
| 2013 | $958K | $830K | $1.0M | $277 | — | View 990 |
| 2012 | $942K | $449K | $932K | $16K | — | View 990 |
| 2011 | $1.1M | $1.3M | $368K | $145 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.2M, and assets of $4.0M (revenue -26.3% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.3M, and assets of $3.7M (revenue +30.1% year-over-year).
- 2021: Revenue of $1.4M, expenses of $455K, and assets of $3.5M (revenue +117.7% year-over-year).
- 2020: Revenue of $639K, expenses of $835K, and assets of $2.2M (revenue -51.5% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.6M, and assets of $1.9M (revenue -41.0% year-over-year).
- 2019: Revenue of $2.2M, expenses of $2.4M, and assets of $1.8M (revenue +87.2% year-over-year).
- 2018: Revenue of $1.2M, expenses of $2.2M, and assets of $1.9M (revenue -42.2% year-over-year).
- 2017: Revenue of $2.1M, expenses of $1.5M, and assets of $2.9M (revenue +90.7% year-over-year).
- 2016: Revenue of $1.1M, expenses of $634K, and assets of $2.2M (revenue +3.8% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.1M, and assets of $1.7M (revenue +4.6% year-over-year).
- 2014: Revenue of $996K, expenses of $271K, and assets of $1.8M (revenue +3.9% year-over-year).
- 2013: Revenue of $958K, expenses of $830K, and assets of $1.0M (revenue +1.7% year-over-year).
- 2012: Revenue of $942K, expenses of $449K, and assets of $932K (revenue -13.8% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.3M, and assets of $368K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wisconsin Homeowners Alliance Inc:
Data Sources and Methodology
This transparency report for Wisconsin Homeowners Alliance 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.