Woodland Financial Partners Inc

Woodland Financial Partners Inc experiences massive revenue and asset growth in 2023 after years of fluctuating performance.

EIN: 204139567 · Keshena, WI · NTEE: S43 · Updated: 2026-03-28

$786KRevenue

$2.6MAssets

90/100Mission Score (Excellent)

S43

About Woodland Financial Partners Inc

Woodland Financial Partners Inc (EIN: 204139567) is a nonprofit organization based in Keshena, WI, classified under NTEE code S43. The organization reported total revenue of $786K and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Woodland Financial Partners Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Woodland Financial Partners Inc demonstrates a highly variable financial performance over the past decade, with a significant surge in revenue and assets in its latest filing period (202312). The organization reported an impressive revenue of $2,731,167 against expenses of $720,277 in 2023, leading to a substantial increase in assets to $2,677,139. This marks a dramatic shift from previous years where revenues were often lower than expenses, such as in 2019 ($90,447 revenue vs. $125,631 expenses) or 2016 ($22,029 revenue vs. $120,884 expenses). The consistent reporting of 0% officer compensation across all filings indicates strong financial transparency regarding executive pay and a commitment to directing funds towards the organization's mission rather than high salaries. The organization's ability to manage liabilities, which have remained relatively low compared to assets, further suggests prudent financial management. The significant growth in the latest period warrants closer examination to understand the drivers behind this change and ensure sustainability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Woodland Financial Partners 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, Woodland Financial Partners 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.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a strong positive for a nonprofit of its size, especially given its recent substantial revenue growth to over $2.7 million.

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 Woodland Financial Partners Inc's IRS 990 filings:

Highly volatile revenue streams in prior years, with several periods where expenses exceeded revenue (e.g., 2019, 2018, 2017, 2016, 2015).

Strengths

The following positive indicators were identified for Woodland Financial Partners Inc:

Consistent 0% officer compensation across all filings, demonstrating a strong commitment to directing funds to mission.
Significant growth in revenue and assets in the latest fiscal period (2023), indicating increased capacity and potential impact.
Prudent management of liabilities, which have remained low relative to assets, even during periods of lower revenue.

Frequently Asked Questions about Woodland Financial Partners Inc

What caused the dramatic increase in revenue and assets in the 2023 fiscal period?

The 2023 filing shows revenue jumping from $297,980 in 2022 to $2,731,167, and assets increasing from $658,760 to $2,677,139. Understanding the source of this significant financial influx is crucial for assessing future stability.

How does Woodland Financial Partners Inc sustain its operations without officer compensation?

With 0% officer compensation reported consistently, it suggests that leadership may be volunteer-based or compensated through other means not reported on the 990, which is a notable operational model for an organization of its growing size.

What are the specific program activities funded by the organization?

Given the NTEE code S43 (Financial Counseling, Literacy, and Education), understanding the specific programs that utilize the majority of the organization's expenses (e.g., $720,277 in 2023) would provide insight into its impact.

Filing History

IRS 990 filing history for Woodland Financial Partners Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Woodland Financial Partners Inc's revenue has grown by 1360.7%, moving from $187K to $2.7M. Total assets increased by 377.8% over the same period, from $560K to $2.7M. Total functional expenses rose by 202.2%, from $238K to $720K. In its most recent filing year (2023), Woodland Financial Partners Inc reported a surplus of $2.0M, with revenue exceeding expenses. The organization holds $124K in liabilities against $2.7M in assets (debt-to-asset ratio: 4.6%), resulting in net assets of $2.6M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.7M	$720K	$2.7M	$124K	—	—
2022	$298K	$272K	$659K	$117K	—	View 990
2021	$406K	$256K	$632K	$116K	—	View 990
2020	$348K	$218K	$397K	$31K	—	View 990
2019	$90K	$126K	$267K	$32K	—	View 990
2018	$94K	$100K	$305K	$29K	—	View 990
2017	$58K	$122K	$315K	$32K	—	View 990
2016	$22K	$121K	$382K	$35K	—	View 990
2015	$82K	$119K	$481K	$36K	—	View 990
2014	$234K	$116K	$528K	$46K	—	View 990
2013	$88K	$131K	$411K	$47K	—	View 990
2012	$40K	$152K	$436K	$29K	—	View 990
2011	$187K	$238K	$560K	$41K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.7M, expenses of $720K, and assets of $2.7M (revenue +816.6% year-over-year).
2022: Revenue of $298K, expenses of $272K, and assets of $659K (revenue -26.6% year-over-year).
2021: Revenue of $406K, expenses of $256K, and assets of $632K (revenue +16.8% year-over-year).
2020: Revenue of $348K, expenses of $218K, and assets of $397K (revenue +284.5% year-over-year).
2019: Revenue of $90K, expenses of $126K, and assets of $267K (revenue -3.3% year-over-year).
2018: Revenue of $94K, expenses of $100K, and assets of $305K (revenue +61.5% year-over-year).
2017: Revenue of $58K, expenses of $122K, and assets of $315K (revenue +163.0% year-over-year).
2016: Revenue of $22K, expenses of $121K, and assets of $382K (revenue -73.3% year-over-year).
2015: Revenue of $82K, expenses of $119K, and assets of $481K (revenue -64.8% year-over-year).
2014: Revenue of $234K, expenses of $116K, and assets of $528K (revenue +165.8% year-over-year).
2013: Revenue of $88K, expenses of $131K, and assets of $411K (revenue +119.2% year-over-year).
2012: Revenue of $40K, expenses of $152K, and assets of $436K (revenue -78.5% year-over-year).
2011: Revenue of $187K, expenses of $238K, and assets of $560K.

Data Sources and Methodology

This transparency report for Woodland Financial Partners 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.