Wisconsin Rheumatology Association Inc
Wisconsin Rheumatology Association Inc shows consistent revenue and asset growth with no reported officer compensation.
EIN: 203028722 · Des Moines, IA · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $196K |
| Total Expenses | $152K |
| Program Spending | 85% |
| Net Assets | $351K |
| Transparency Score | 90/100 |
Is Wisconsin Rheumatology Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wisconsin Rheumatology Association Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wisconsin Rheumatology Association Inc
Wisconsin Rheumatology Association Inc (EIN: 203028722) is a nonprofit organization based in Des Moines, IA, classified under NTEE code S41. The organization reported total revenue of $196K and total assets of $468K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wisconsin Rheumatology Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wisconsin Rheumatology Association Inc is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $197K |
| Total Expenses | $152K |
| Surplus / Deficit | +$46K |
| Total Assets | $504K |
| Total Liabilities | $153K |
| Net Assets | $351K |
| Operating Margin | 23.1% |
| Debt-to-Asset Ratio | 30.3% |
| Months of Reserves | 39.9 months |
Financial Health Grade: A
In 2023, Wisconsin Rheumatology Association Inc reported a surplus of $46K with revenue exceeding expenses, holds 39.9 months of operating reserves (strong position), has a debt-to-asset ratio of 30.3% (moderate leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.0% | +16.3% | +18.6% |
| 2022 | +15.5% | +12.5% | +46.3% |
| 2021 | -9.4% | -5.6% | -3.2% |
| 2020 | +1.7% | -9.4% | +28.2% |
| 2019 | +102.7% | +90.6% | +649.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Rheumatology Association Inc with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Wisconsin Rheumatology Association Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $46K, with revenue exceeding expenses.
- Debt-to-asset ratio: 30.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its executives. This suggests a volunteer-led or very lean administrative structure, which is highly favorable for donors.
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.
Strengths
The following positive indicators were identified for Wisconsin Rheumatology Association Inc:
- Consistent revenue growth, from $2,408 in 2013 to $197,300 in 2023.
- Strong asset growth, from $8,420 in 2013 to $504,109 in 2023.
- No reported officer compensation across all filings, indicating efficient use of funds.
- Consistently operating with a surplus, with revenue exceeding expenses annually.
- Healthy asset-to-liability ratio, suggesting strong financial management.
Frequently Asked Questions about Wisconsin Rheumatology Association Inc
Is Wisconsin Rheumatology Association Inc a legitimate charity?
Wisconsin Rheumatology Association Inc (EIN: 203028722) is a registered tax-exempt nonprofit based in Iowa. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $196K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Wisconsin Rheumatology Association Inc spend its money?
Wisconsin Rheumatology Association Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Wisconsin Rheumatology Association Inc tax-deductible?
Wisconsin Rheumatology Association Inc is registered as a tax-exempt nonprofit (EIN: 203028722). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Wisconsin Rheumatology Association Inc's spending goes to programs?
Wisconsin Rheumatology Association Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Wisconsin Rheumatology Association Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Wisconsin Rheumatology Association Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wisconsin Rheumatology Association Inc located?
Wisconsin Rheumatology Association Inc is headquartered in Des Moines, Iowa and files with the IRS under EIN 203028722. It is classified under NTEE code S41.
How many years of IRS 990 filings does Wisconsin Rheumatology Association Inc have?
Wisconsin Rheumatology Association Inc has 10 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 $196K in total revenue.
Is Wisconsin Rheumatology Association Inc a good charity?
Based on the provided financial data, the Wisconsin Rheumatology Association Inc appears to be a good charity. It demonstrates strong financial health, consistent growth in revenue and assets, and notably reports 0% officer compensation, suggesting efficient use of funds for its mission.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Revenue grew from $2,408 in 2013 to $197,300 in 2023, and assets increased from $8,420 to $504,109 in the same period, indicating robust growth and financial stability.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, indicating that no salaries are paid to its executives. This is a strong positive for transparency and efficient resource allocation.
Filing History
IRS 990 filing history for Wisconsin Rheumatology Association Inc showing financial trends over 10 years of public records:
Total assets increased by 5955.4% over the same period, from $8K to $504K. Total functional expenses rose by 20179.3%, from $748 to $152K. In its most recent filing year (2023), Wisconsin Rheumatology Association Inc reported a surplus of $46K, with revenue exceeding expenses. The organization holds $153K in liabilities against $504K in assets (debt-to-asset ratio: 30.3%), resulting in net assets of $351K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $197K | $152K | $504K | $153K | — | View 990 |
| 2022 | $176K | $130K | $425K | $119K | — | — |
| 2021 | $153K | $116K | $290K | $31K | — | View 990 |
| 2020 | $168K | $123K | $300K | $77K | — | — |
| 2019 | $165K | $135K | $234K | $56K | — | View 990 |
| 2015 | $82K | $71K | $31K | $812 | — | View 990 |
| 2014 | $88K | $76K | $20K | $75 | — | View 990 |
| 2013 | $2K | $1K | $8K | $0 | — | View 990 |
| 2012 | $1K | $359 | $9K | $0 | — | View 990 |
| 2011 | $0 | $748 | $8K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $197K, expenses of $152K, and assets of $504K (revenue +12.0% year-over-year).
- 2022: Revenue of $176K, expenses of $130K, and assets of $425K (revenue +15.5% year-over-year).
- 2021: Revenue of $153K, expenses of $116K, and assets of $290K (revenue -9.4% year-over-year).
- 2020: Revenue of $168K, expenses of $123K, and assets of $300K (revenue +1.7% year-over-year).
- 2019: Revenue of $165K, expenses of $135K, and assets of $234K (revenue +102.7% year-over-year).
- 2015: Revenue of $82K, expenses of $71K, and assets of $31K (revenue -7.1% year-over-year).
- 2014: Revenue of $88K, expenses of $76K, and assets of $20K (revenue +3548.8% year-over-year).
- 2013: Revenue of $2K, expenses of $1K, and assets of $8K (revenue +114.8% year-over-year).
- 2012: Revenue of $1K, expenses of $359, and assets of $9K.
- 2011: Revenue of $0, expenses of $748, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wisconsin Rheumatology Association Inc:
Data Sources and Methodology
This transparency report for Wisconsin Rheumatology Association 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.