Wisconsin State Reading Association Inc
EIN: 396089417 · Milwaukee, WI · NTEE: B92
| Metric | Value |
|---|---|
| Total Revenue | $259K |
| Total Expenses | $617K |
| Net Assets | $134K |
Is Wisconsin State Reading Association 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 State Reading Association Inc
Wisconsin State Reading Association Inc (EIN: 396089417) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code B92. The organization reported total revenue of $259K and total assets of $114K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wisconsin State Reading Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wisconsin State Reading Association Inc is a small nonprofit that has been operating for 7 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $305K |
| Total Expenses | $617K |
| Surplus / Deficit | $-311,938 |
| Total Assets | $134K |
| Net Assets | $134K |
| Operating Margin | -102.2% |
| Months of Reserves | 2.6 months |
Financial Health Grade: C
In 2023, Wisconsin State Reading Association Inc reported a deficit of $312K with expenses exceeding revenue, holds 2.6 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2011–2023), Wisconsin State Reading Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.2% | +17.7% | -70.1% |
| 2022 | +91.6% | +33.4% | -37.9% |
| 2021 | -82.0% | -55.3% | -26.9% |
| 2020 | -17.3% | -1.7% | -20.1% |
| 2018 | -2.0% | -6.8% | -2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wisconsin State Reading Association 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 State Reading Association 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 $312K, with expenses exceeding revenue.
Frequently Asked Questions about Wisconsin State Reading Association Inc
Is Wisconsin State Reading Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wisconsin State Reading Association Inc (EIN: 396089417) insufficient data. 0 red flags identified, 0 strengths noted.
How does Wisconsin State Reading Association Inc spend its money?
Detailed spending breakdown data is not yet available for Wisconsin State Reading Association Inc. Check back for updated IRS 990 analysis.
Are donations to Wisconsin State Reading Association Inc tax-deductible?
Wisconsin State Reading Association Inc is registered as a tax-exempt nonprofit (EIN: 396089417). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wisconsin State Reading Association Inc located?
Wisconsin State Reading Association Inc is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 396089417. It is classified under NTEE code B92.
How many years of IRS 990 filings does Wisconsin State Reading Association Inc have?
Wisconsin State Reading Association Inc has 12 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 $259K in total revenue.
Filing History
IRS 990 filing history for Wisconsin State Reading Association Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Wisconsin State Reading Association Inc's revenue has declined by 66.2%, moving from $902K to $305K. Total assets decreased by 86.9% over the same period, from $1.0M to $134K. Total functional expenses fell by 21.7%, from $788K to $617K. In its most recent filing year (2023), Wisconsin State Reading Association Inc reported a deficit of $312K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $305K | $617K | $134K | $0 | — | View 990 |
| 2022 | $244K | $524K | $448K | $9K | — | View 990 |
| 2021 | $127K | $393K | $722K | $2K | — | View 990 |
| 2020 | $708K | $879K | $988K | $2K | — | View 990 |
| 2018 | $856K | $895K | $1.2M | $2K | — | View 990 |
| 2017 | $873K | $960K | $1.3M | $3K | — | View 990 |
| 2016 | $930K | $978K | $1.4M | $1K | — | View 990 |
| 2015 | $1.0M | $854K | $1.4M | $2K | — | View 990 |
| 2014 | $1.0M | $830K | $1.2M | $2K | — | View 990 |
| 2013 | $813K | $732K | $1.0M | $0 | — | View 990 |
| 2012 | $664K | $740K | $950K | $219 | — | View 990 |
| 2011 | $902K | $788K | $1.0M | $527 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $305K, expenses of $617K, and assets of $134K (revenue +25.2% year-over-year).
- 2022: Revenue of $244K, expenses of $524K, and assets of $448K (revenue +91.6% year-over-year).
- 2021: Revenue of $127K, expenses of $393K, and assets of $722K (revenue -82.0% year-over-year).
- 2020: Revenue of $708K, expenses of $879K, and assets of $988K (revenue -17.3% year-over-year).
- 2018: Revenue of $856K, expenses of $895K, and assets of $1.2M (revenue -2.0% year-over-year).
- 2017: Revenue of $873K, expenses of $960K, and assets of $1.3M (revenue -6.1% year-over-year).
- 2016: Revenue of $930K, expenses of $978K, and assets of $1.4M (revenue -10.2% year-over-year).
- 2015: Revenue of $1.0M, expenses of $854K, and assets of $1.4M (revenue +1.6% year-over-year).
- 2014: Revenue of $1.0M, expenses of $830K, and assets of $1.2M (revenue +25.3% year-over-year).
- 2013: Revenue of $813K, expenses of $732K, and assets of $1.0M (revenue +22.4% year-over-year).
- 2012: Revenue of $664K, expenses of $740K, and assets of $950K (revenue -26.4% year-over-year).
- 2011: Revenue of $902K, expenses of $788K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wisconsin State Reading Association Inc:
Data Sources and Methodology
This transparency report for Wisconsin State Reading 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.