Wisconsin Virtual Learning Inc
EIN: 452547807 · Fredonia, WI · NTEE: B29
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $3.2M |
| Net Assets | $2.1M |
Is Wisconsin Virtual Learning 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 Virtual Learning Inc
Wisconsin Virtual Learning Inc (EIN: 452547807) is a nonprofit organization based in Fredonia, WI, classified under NTEE code B29. The organization reported total revenue of $3.2M and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wisconsin Virtual Learning Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wisconsin Virtual Learning Inc is a mid-size nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.5M |
| Total Expenses | $3.2M |
| Surplus / Deficit | +$280K |
| Total Assets | $2.5M |
| Total Liabilities | $365K |
| Net Assets | $2.1M |
| Operating Margin | 8.0% |
| Debt-to-Asset Ratio | 14.6% |
| Months of Reserves | 9.3 months |
Financial Health Grade: A
In 2023, Wisconsin Virtual Learning Inc reported a surplus of $280K with revenue exceeding expenses, holds 9.3 months of operating reserves (strong position), has a debt-to-asset ratio of 14.6% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Wisconsin Virtual Learning Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.9% | +5.2% | +21.1% |
| 2022 | -3.9% | +1.9% | +39.9% |
| 2021 | +25.8% | +13.1% | +99.1% |
| 2020 | +15.7% | +7.7% | +180.9% |
| 2019 | +5.9% | +11.6% | -18.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wisconsin Virtual Learning 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 Virtual Learning 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 surplus of $280K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.6%.
Frequently Asked Questions about Wisconsin Virtual Learning Inc
Is Wisconsin Virtual Learning Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wisconsin Virtual Learning Inc (EIN: 452547807) insufficient data. 0 red flags identified, 0 strengths noted.
How does Wisconsin Virtual Learning Inc spend its money?
Detailed spending breakdown data is not yet available for Wisconsin Virtual Learning Inc. Check back for updated IRS 990 analysis.
Are donations to Wisconsin Virtual Learning Inc tax-deductible?
Wisconsin Virtual Learning Inc is registered as a tax-exempt nonprofit (EIN: 452547807). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wisconsin Virtual Learning Inc located?
Wisconsin Virtual Learning Inc is headquartered in Fredonia, Wisconsin and files with the IRS under EIN 452547807. It is classified under NTEE code B29.
How many years of IRS 990 filings does Wisconsin Virtual Learning Inc have?
Wisconsin Virtual Learning Inc has 11 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 $3.2M in total revenue.
Filing History
IRS 990 filing history for Wisconsin Virtual Learning Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Wisconsin Virtual Learning Inc's revenue has declined by 16.7%, moving from $4.2M to $3.5M. Total assets increased by 401.6% over the same period, from $498K to $2.5M. Total functional expenses fell by 14.6%, from $3.8M to $3.2M. In its most recent filing year (2023), Wisconsin Virtual Learning Inc reported a surplus of $280K, with revenue exceeding expenses. The organization holds $365K in liabilities against $2.5M in assets (debt-to-asset ratio: 14.6%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.5M | $3.2M | $2.5M | $365K | — | — |
| 2022 | $3.6M | $3.0M | $2.1M | $210K | — | View 990 |
| 2021 | $3.8M | $3.0M | $1.5M | $204K | — | View 990 |
| 2020 | $3.0M | $2.6M | $741K | $256K | — | View 990 |
| 2019 | $2.6M | $2.5M | $264K | $135K | — | View 990 |
| 2018 | $2.5M | $2.2M | $322K | $333K | — | View 990 |
| 2017 | $2.7M | $2.5M | $357K | $619K | — | View 990 |
| 2016 | $2.8M | $2.7M | $244K | $761K | — | View 990 |
| 2015 | $3.2M | $3.3M | $260K | $854K | — | View 990 |
| 2014 | $3.8M | $3.7M | $926K | $1.5M | — | View 990 |
| 2013 | $4.2M | $3.8M | $498K | $1.1M | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $3.5M, expenses of $3.2M, and assets of $2.5M (revenue -3.9% year-over-year).
- 2022: Revenue of $3.6M, expenses of $3.0M, and assets of $2.1M (revenue -3.9% year-over-year).
- 2021: Revenue of $3.8M, expenses of $3.0M, and assets of $1.5M (revenue +25.8% year-over-year).
- 2020: Revenue of $3.0M, expenses of $2.6M, and assets of $741K (revenue +15.7% year-over-year).
- 2019: Revenue of $2.6M, expenses of $2.5M, and assets of $264K (revenue +5.9% year-over-year).
- 2018: Revenue of $2.5M, expenses of $2.2M, and assets of $322K (revenue -9.8% year-over-year).
- 2017: Revenue of $2.7M, expenses of $2.5M, and assets of $357K (revenue -1.6% year-over-year).
- 2016: Revenue of $2.8M, expenses of $2.7M, and assets of $244K (revenue -14.7% year-over-year).
- 2015: Revenue of $3.2M, expenses of $3.3M, and assets of $260K (revenue -13.7% year-over-year).
- 2014: Revenue of $3.8M, expenses of $3.7M, and assets of $926K (revenue -10.4% year-over-year).
- 2013: Revenue of $4.2M, expenses of $3.8M, and assets of $498K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wisconsin Virtual Learning Inc:
Data Sources and Methodology
This transparency report for Wisconsin Virtual Learning 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.