Wisconsin Street Project Incorporated
Wisconsin Street Project Incorporated maintains strong asset base despite recent operational deficit.
EIN: 201042161 · Worland, WY · NTEE: P99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $77K |
| Total Expenses | $92K |
| Program Spending | 85% |
| Net Assets | $360K |
| Transparency Score | 85/100 |
Is Wisconsin Street Project Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wisconsin Street Project Incorporated directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wisconsin Street Project Incorporated
Wisconsin Street Project Incorporated (EIN: 201042161) is a nonprofit organization based in Worland, WY, classified under NTEE code P99. The organization reported total revenue of $77K and total assets of $385K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wisconsin Street Project Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wisconsin Street Project Incorporated is a micro nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $66K |
| Total Expenses | $92K |
| Surplus / Deficit | $-26,672 |
| Total Assets | $372K |
| Total Liabilities | $11K |
| Net Assets | $360K |
| Operating Margin | -40.5% |
| Debt-to-Asset Ratio | 3.0% |
| Months of Reserves | 48.2 months |
Financial Health Grade: B
In 2023, Wisconsin Street Project Incorporated reported a deficit of $27K with expenses exceeding revenue, holds 48.2 months of operating reserves (strong position), has a debt-to-asset ratio of 3.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Wisconsin Street Project Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 11.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.5% | +50.6% | -6.6% |
| 2022 | -1.9% | -0.4% | +2.0% |
| 2021 | +4.9% | -11.8% | +2.4% |
| 2020 | -1.8% | +2.1% | -2.3% |
| 2019 | +11.8% | +23.2% | -1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Street Project Incorporated 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: 85%
- fundraising: 5%
According to IRS 990 filings, Wisconsin Street Project Incorporated 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 deficit of $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly commendable for an organization of its size and suggests a volunteer-driven leadership model.
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 Street Project Incorporated's IRS 990 filings:
- Expenses exceeded revenue by a significant margin in the latest filing (202306), with expenses at $92,455 against revenue of $65,783.
Strengths
The following positive indicators were identified for Wisconsin Street Project Incorporated:
- Consistent and substantial asset base (e.g., $385,441 latest assets) providing strong financial stability.
- Zero officer compensation reported across all filings, indicating a high dedication to mission and efficient use of funds.
- Long history of consistent IRS 990 filings, demonstrating transparency and accountability.
- Decreasing trend in liabilities over the past decade, indicating improved financial health and debt management.
Frequently Asked Questions about Wisconsin Street Project Incorporated
Is Wisconsin Street Project Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Wisconsin Street Project Incorporated (EIN: 201042161) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Wisconsin Street Project Incorporated spend its money?
Wisconsin Street Project Incorporated directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wisconsin Street Project Incorporated tax-deductible?
Wisconsin Street Project Incorporated is registered as a tax-exempt nonprofit (EIN: 201042161). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Wisconsin Street Project Incorporated's spending goes to programs?
Wisconsin Street Project Incorporated directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Wisconsin Street Project Incorporated compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Wisconsin Street Project Incorporated is above average for NTEE category P99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wisconsin Street Project Incorporated located?
Wisconsin Street Project Incorporated is headquartered in Worland, Wyoming and files with the IRS under EIN 201042161. It is classified under NTEE code P99.
How many years of IRS 990 filings does Wisconsin Street Project Incorporated have?
Wisconsin Street Project Incorporated 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 $77K in total revenue.
Is Wisconsin Street Project Incorporated financially stable?
Yes, the organization appears financially stable. It consistently holds assets significantly higher than its annual revenue and expenses (e.g., $371,597 in assets vs. $65,783 revenue in 2023), providing a strong financial cushion.
Does the organization spend efficiently?
Spending efficiency is generally good, especially with 0% officer compensation. However, the 2023 fiscal year showed expenses ($92,455) significantly exceeding revenue ($65,783), which could indicate a temporary dip in efficiency or a strategic investment.
How transparent is Wisconsin Street Project Incorporated?
The organization demonstrates good transparency through its consistent and detailed IRS 990 filings over a long period, clearly reporting revenues, expenses, assets, liabilities, and officer compensation.
What is the trend in the organization's liabilities?
Liabilities have shown a positive downward trend, decreasing from $55,590 in 2014 to $11,147 in 2023, indicating improved financial management and reduced debt.
Filing History
IRS 990 filing history for Wisconsin Street Project Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wisconsin Street Project Incorporated's revenue has grown by 255%, moving from $19K to $66K. Total assets decreased by 16.2% over the same period, from $444K to $372K. Total functional expenses rose by 97.6%, from $47K to $92K. In its most recent filing year (2023), Wisconsin Street Project Incorporated reported a deficit of $27K, with expenses exceeding revenue. The organization holds $11K in liabilities against $372K in assets (debt-to-asset ratio: 3.0%), resulting in net assets of $360K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $66K | $92K | $372K | $11K | — | View 990 |
| 2022 | $69K | $61K | $398K | $11K | — | View 990 |
| 2021 | $70K | $62K | $390K | $10K | — | — |
| 2020 | $67K | $70K | $381K | $10K | — | View 990 |
| 2019 | $68K | $68K | $390K | $16K | — | View 990 |
| 2018 | $61K | $56K | $397K | $23K | — | View 990 |
| 2017 | $65K | $64K | $391K | $22K | — | — |
| 2016 | $65K | $63K | $395K | $28K | — | View 990 |
| 2015 | $58K | $54K | $401K | $36K | — | View 990 |
| 2014 | $49K | $64K | $417K | $56K | — | View 990 |
| 2013 | $28K | $81K | $424K | $47K | — | View 990 |
| 2012 | $22K | $60K | $439K | $22K | — | View 990 |
| 2011 | $19K | $47K | $444K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $66K, expenses of $92K, and assets of $372K (revenue -4.5% year-over-year).
- 2022: Revenue of $69K, expenses of $61K, and assets of $398K (revenue -1.9% year-over-year).
- 2021: Revenue of $70K, expenses of $62K, and assets of $390K (revenue +4.9% year-over-year).
- 2020: Revenue of $67K, expenses of $70K, and assets of $381K (revenue -1.8% year-over-year).
- 2019: Revenue of $68K, expenses of $68K, and assets of $390K (revenue +11.8% year-over-year).
- 2018: Revenue of $61K, expenses of $56K, and assets of $397K (revenue -6.3% year-over-year).
- 2017: Revenue of $65K, expenses of $64K, and assets of $391K (revenue -0.4% year-over-year).
- 2016: Revenue of $65K, expenses of $63K, and assets of $395K (revenue +13.0% year-over-year).
- 2015: Revenue of $58K, expenses of $54K, and assets of $401K (revenue +18.3% year-over-year).
- 2014: Revenue of $49K, expenses of $64K, and assets of $417K (revenue +72.5% year-over-year).
- 2013: Revenue of $28K, expenses of $81K, and assets of $424K (revenue +26.8% year-over-year).
- 2012: Revenue of $22K, expenses of $60K, and assets of $439K (revenue +20.5% year-over-year).
- 2011: Revenue of $19K, expenses of $47K, and assets of $444K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wisconsin Street Project Incorporated:
Data Sources and Methodology
This transparency report for Wisconsin Street Project Incorporated 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.