Wisconsin Workers Compensation Forum Inc
Wisconsin Workers Compensation Forum Inc. consistently operates near break-even with volunteer leadership and no debt.
EIN: 202879072 · Brookfield, WI · NTEE: B990 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $141K |
| Total Expenses | $143K |
| Program Spending | 90% |
| Net Assets | $75K |
| Transparency Score | 85/100 |
Is Wisconsin Workers Compensation Forum Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wisconsin Workers Compensation Forum Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wisconsin Workers Compensation Forum Inc
Wisconsin Workers Compensation Forum Inc (EIN: 202879072) is a nonprofit organization based in Brookfield, WI, classified under NTEE code B990. The organization reported total revenue of $141K and total assets of $79K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wisconsin Workers Compensation Forum Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wisconsin Workers Compensation Forum Inc is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $135K |
| Total Expenses | $143K |
| Surplus / Deficit | $-8,046 |
| Total Assets | $75K |
| Net Assets | $75K |
| Operating Margin | -6.0% |
| Months of Reserves | 6.3 months |
Financial Health Grade: B
In 2023, Wisconsin Workers Compensation Forum Inc reported a deficit of $8K with expenses exceeding revenue, holds 6.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Wisconsin Workers Compensation Forum Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.8% | -2.3% | -9.6% |
| 2022 | +7.9% | +64.8% | -24.9% |
| 2021 | +226.2% | +97.9% | +23.2% |
| 2020 | -71.3% | -50.4% | -11.0% |
| 2019 | +6.4% | -26.4% | +35.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Workers Compensation Forum 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: 90%
- fundraising: 0%
According to IRS 990 filings, Wisconsin Workers Compensation Forum Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $8K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size.
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 Workers Compensation Forum Inc:
- Consistent reporting of 0% officer compensation, indicating volunteer leadership.
- No reported liabilities across all filings, demonstrating strong financial management and no debt.
- Stable asset base, showing consistent financial health over time.
- High transparency with 13 available IRS 990 filings.
Frequently Asked Questions about Wisconsin Workers Compensation Forum Inc
Is Wisconsin Workers Compensation Forum Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wisconsin Workers Compensation Forum Inc (EIN: 202879072) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Wisconsin Workers Compensation Forum Inc spend its money?
Wisconsin Workers Compensation Forum Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wisconsin Workers Compensation Forum Inc tax-deductible?
Wisconsin Workers Compensation Forum Inc is registered as a tax-exempt nonprofit (EIN: 202879072). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Wisconsin Workers Compensation Forum Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Wisconsin Workers Compensation Forum Inc is above average for NTEE category B990 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wisconsin Workers Compensation Forum Inc located?
Wisconsin Workers Compensation Forum Inc is headquartered in Brookfield, Wisconsin and files with the IRS under EIN 202879072. It is classified under NTEE code B990.
How many years of IRS 990 filings does Wisconsin Workers Compensation Forum Inc have?
Wisconsin Workers Compensation Forum Inc 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 $141K in total revenue.
Is Wisconsin Workers Compensation Forum Inc. financially stable?
Yes, the organization appears financially stable. It consistently maintains a modest asset base (e.g., $79,327 in 2023) and reports $0 in liabilities across all filings, indicating no debt and a healthy balance sheet.
How does the organization manage its administrative costs?
The organization manages administrative costs very effectively, primarily by having 0% officer compensation reported in all filings, suggesting a volunteer-led structure that minimizes overhead.
What is the trend in the organization's revenue?
Revenue has fluctuated over the past decade, ranging from a low of $33,571 in 2020 to a high of $141,055 (latest revenue), but generally stays within the $100,000-$140,000 range in recent years.
Does the organization have any debt?
No, the organization consistently reports $0 in liabilities across all 13 available IRS 990 filings, indicating it operates without debt.
Filing History
IRS 990 filing history for Wisconsin Workers Compensation Forum Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wisconsin Workers Compensation Forum Inc's revenue has grown by 48.5%, moving from $91K to $135K. Total assets increased by 7.2% over the same period, from $70K to $75K. Total functional expenses rose by 68%, from $85K to $143K. In its most recent filing year (2023), Wisconsin Workers Compensation Forum Inc reported a deficit of $8K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $135K | $143K | $75K | $0 | — | — |
| 2022 | $118K | $146K | $83K | $0 | — | View 990 |
| 2021 | $109K | $89K | $111K | $0 | — | View 990 |
| 2020 | $34K | $45K | $90K | $0 | — | — |
| 2019 | $117K | $90K | $101K | $0 | — | View 990 |
| 2018 | $110K | $123K | $75K | $0 | — | View 990 |
| 2017 | $110K | $94K | $87K | $0 | — | View 990 |
| 2016 | $85K | $91K | $72K | $0 | — | View 990 |
| 2015 | $92K | $95K | $78K | $0 | — | View 990 |
| 2014 | $95K | $95K | $81K | $0 | — | View 990 |
| 2013 | $91K | $94K | $80K | $0 | — | View 990 |
| 2012 | $90K | $77K | $83K | $0 | — | View 990 |
| 2011 | $91K | $85K | $70K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $135K, expenses of $143K, and assets of $75K (revenue +13.8% year-over-year).
- 2022: Revenue of $118K, expenses of $146K, and assets of $83K (revenue +7.9% year-over-year).
- 2021: Revenue of $109K, expenses of $89K, and assets of $111K (revenue +226.2% year-over-year).
- 2020: Revenue of $34K, expenses of $45K, and assets of $90K (revenue -71.3% year-over-year).
- 2019: Revenue of $117K, expenses of $90K, and assets of $101K (revenue +6.4% year-over-year).
- 2018: Revenue of $110K, expenses of $123K, and assets of $75K (revenue -0.1% year-over-year).
- 2017: Revenue of $110K, expenses of $94K, and assets of $87K (revenue +28.7% year-over-year).
- 2016: Revenue of $85K, expenses of $91K, and assets of $72K (revenue -7.6% year-over-year).
- 2015: Revenue of $92K, expenses of $95K, and assets of $78K (revenue -3.0% year-over-year).
- 2014: Revenue of $95K, expenses of $95K, and assets of $81K (revenue +4.7% year-over-year).
- 2013: Revenue of $91K, expenses of $94K, and assets of $80K (revenue +1.1% year-over-year).
- 2012: Revenue of $90K, expenses of $77K, and assets of $83K (revenue -0.6% year-over-year).
- 2011: Revenue of $91K, expenses of $85K, and assets of $70K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wisconsin Workers Compensation Forum Inc:
Data Sources and Methodology
This transparency report for Wisconsin Workers Compensation Forum 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.