Civic Intelligence

Wisconsin Rap Inc

990EZ • Fiscal year 2016 • EIN 27-4301507

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 16, 2017

5543 S 116th StHales Corners, WI 53130

(414) 335-8417

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

68th percentile

13%

Higher net margin than 68% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

76th percentile

$2,500

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

87th percentile

63%

Faster asset growth than 87% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

77th percentile

26%

Faster revenue growth than 77% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$59,010

Up $22,804 (+63%) from 2015

Net Assets

Up

$59,010

Up $22,804 (+63%) from 2015

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

Up

$182,287

Up $37,066 (+26%) from 2015

Expenses

Up

$159,483

Up $2,310 (+1.5%) from 2015

Net Income

Up

$22,804

Up $34,756 (+291%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2013: $51,791Net Assets 2013: $51,7912013Assets 2014: $48,158Net Assets 2014: $48,1582014Assets 2015: $36,206Net Assets 2015: $36,2062015Assets 2016: $59,010Liabilities 2016: $0Net Assets 2016: $59,0102016Assets 2017: $71,897Liabilities 2017: $0Net Assets 2017: $71,8972017Assets 2018: $132,795Liabilities 2018: $0Net Assets 2018: $132,7952018Assets 2019: $120,315Liabilities 2019: $658Net Assets 2019: $119,6572019Assets 2020: $97,016Liabilities 2020: $0Net Assets 2020: $97,0162020Assets 2021: $173,156Liabilities 2021: $26Net Assets 2021: $173,1302021Assets 2022: $264,874Liabilities 2022: $3,211Net Assets 2022: $261,6632022Assets 2023: $270,614Liabilities 2023: $3,350Net Assets 2023: $267,2642023Assets 2024: $261,285Liabilities 2024: $13,559Net Assets 2024: $247,7262024

Highlighted filing

2016

Assets$59,010
Liabilities$0
Net Assets$59,010

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2013: $105,375Expenses 2013: $80,885Net Income 2013: $24,4902013Revenue 2014: $112,311Expenses 2014: $115,944Net Income 2014: -$3,6332014Revenue 2015: $145,221Expenses 2015: $157,173Net Income 2015: -$11,9522015Revenue 2016: $182,287Expenses 2016: $159,483Net Income 2016: $22,8042016Revenue 2017: $193,880Expenses 2017: $180,993Net Income 2017: $12,8872017Revenue 2018: $248,019Expenses 2018: $187,121Net Income 2018: $60,8982018Revenue 2019: $194,740Expenses 2019: $207,878Net Income 2019: -$13,1382019Revenue 2020: $192,477Expenses 2020: $215,118Net Income 2020: -$22,6412020Revenue 2021: $373,384Expenses 2021: $297,270Net Income 2021: $76,1142021Revenue 2022: $510,174Expenses 2022: $421,641Net Income 2022: $88,5332022Revenue 2023: $551,833Expenses 2023: $546,232Net Income 2023: $5,6012023Revenue 2024: $587,015Expenses 2024: $606,553Net Income 2024: -$19,5382024

Highlighted filing

2016

Revenue$182,287
Expenses$159,483
Net Income$22,804
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 16, 2017
Return Version
2016v3.0
Gross Receipts
$182,287
Mission and Program Overview

Mission

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
Wisconsin RAP is a club that focuses on lifestyle changes by encouraging self-discipline and the positive attitude needed for athletics academics and personal success-$159,483
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DUANE MLACHNIKBoard Of Directors-$2,500-$2,500
ERICA COOKBoard Of Directors-$0--
JAY KVASNICKABoard Of Directors-$0--
KELLY LAMBoard Of Directors-$0--
BRETT CUMMINGSBoard Of Directors-$0--
Filing and Contact Details

Filer

Filer Name
Wisconsin Rap Inc
EIN
27-4301507
Address
5543 S 116th St, Hales Corners, WI 53130

Signing Officer

Name
Erica Cook
Title
Board of Direct
Phone
4143358417
Signed
2017-11-16
Discuss with paid preparer
Yes

Preparer

Firm
DWT Tax & Accounting Inc
Address
3216 S 92nd St, Milwaukee, WI 53227
Preparer
John W Ludolph CPA
Phone
4143219413
Supplemental Narrative

Additional Explanations

General explanation attachment

FORM 990-EZ, PART III - ORGANIZATIONS PRIMARY EXEMPT PURPOSEWisconsin RAP is designed to use the team sport of basketball to educate young student-athletes on the importance of basketball skill development, weight training, proper nutrition and community involvement to empower them with the essential skills needed to succeed on and off the court. Our focus is to extract an athletes top-most potential, educate them on how to utilize their skills in game-play, and transition this high level of play to their upcoming high school or college games.

Description of other expenses Part I line 16

Description AmountMiscellaneous 5,829Marketing 3,056Tryouts 3,989Refunds 3,220Meetings 1,406Professional Fees 1,135Tournaments 51,816Uniforms/Gear 12,873Skills Fees 15,287Deposit Correction 587Coaches Travel 12,641Coaches Payments 15,282Banquet 2,209Court Fees 17,490Events 3,658Team Expenses 8,652Deposit Return 353

Raw XML Appendix146 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990-EZ, PART III - ORGANIZATIONS PRIMARY EXEMPT PURPOSEWisconsin RAP is designed to use the team sport of basketball to educate young student-athletes on the importance of basketball skill development, weight training, proper nutrition and community involvement to empower them with the essential skills needed to succeed on and off the court. Our focus is to extract an athletes top-most potential, educate them on how to utilize their skills in game-play, and transition this high level of play to their upcoming high school or college games.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountMiscellaneous 5,829Marketing 3,056Tryouts 3,989Refunds 3,220Meetings 1,406Professional Fees 1,135Tournaments 51,816Uniforms/Gear 12,873Skills Fees 15,287Deposit Correction 587Coaches Travel 12,641Coaches Payments 15,282Banquet 2,209Court Fees 17,490Events 3,658Team Expenses 8,652Deposit Return 353
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
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ReturnHeader/FilingSecurityInformation/IPTm011:09:54
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ReturnHeader/ReturnTs02017-11-17T10:52:38-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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Filings