Civic Intelligence

Wafer Inc.

990 • Fiscal year 2020 • EIN 39-1552632

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 10, 2021

403 Causeway BlvdLA Crosse, WI 54601

(608) 782-6003

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.01x

Higher debt load relative to assets than 23% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

22nd percentile

0.01x

Higher debt load relative to revenue than 22% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

90th percentile

50%

Higher net margin than 90% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

46th percentile

$48,492

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 6.2% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

81st percentile

34%

Faster asset growth than 81% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

93rd percentile

109%

Faster revenue growth than 93% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,553,419

Up $394,349 (+34%) from 2019

Net Assets

Up

$1,544,309

Up $391,761 (+34%) from 2019

Liabilities

Up

$9,110

Up $2,588 (+40%) from 2019

Revenue

Up

$780,248

Up $406,214 (+109%) from 2019

Expenses

Up

$391,742

Up $15,298 (+4.1%) from 2019

Net Income

Up

$388,506

Up $390,916 (+16221%) from 2019

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $826,238Liabilities 2010: $3,017Net Assets 2010: $823,2212010Assets 2011: $816,257Liabilities 2011: $3,148Net Assets 2011: $813,1092011Assets 2012: $814,032Liabilities 2012: $3,020Net Assets 2012: $811,0122012Assets 2013: $878,077Liabilities 2013: $17,674Net Assets 2013: $860,4032013Assets 2014: $864,740Liabilities 2014: $2,637Net Assets 2014: $862,1032014Assets 2015: $972,117Liabilities 2015: $2,445Net Assets 2015: $969,6722015Assets 2016: $1,057,847Liabilities 2016: $13,018Net Assets 2016: $1,044,8292016Assets 2017: $1,198,398Liabilities 2017: $6,783Net Assets 2017: $1,191,6152017Assets 2018: $1,154,097Liabilities 2018: $8,405Net Assets 2018: $1,145,6922018Assets 2019: $1,159,070Liabilities 2019: $6,522Net Assets 2019: $1,152,5482019Assets 2020: $1,553,419Liabilities 2020: $9,110Net Assets 2020: $1,544,3092020Assets 2021: $3,520,655Liabilities 2021: $1,161,684Net Assets 2021: $2,358,9712021Assets 2022: $4,292,466Liabilities 2022: $957,239Net Assets 2022: $3,335,2272022Assets 2023: $5,425,535Liabilities 2023: $1,797,615Net Assets 2023: $3,627,9202023Assets 2024: $5,312,230Liabilities 2024: $1,623,160Net Assets 2024: $3,689,0702024

Highlighted filing

2020

Assets$1,553,419
Liabilities$9,110
Net Assets$1,544,309

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $255,5402010Expenses 2011: $290,0902011Revenue 2012: $320,481Expenses 2012: $327,906Net Income 2012: -$7,4252012Revenue 2013: $347,388Expenses 2013: $293,899Net Income 2013: $53,4892013Revenue 2014: $319,932Expenses 2014: $316,531Net Income 2014: $3,4012014Revenue 2015: $386,021Expenses 2015: $272,376Net Income 2015: $113,6452015Revenue 2016: $347,388Expenses 2016: $276,170Net Income 2016: $71,2182016Revenue 2017: $443,977Expenses 2017: $315,967Net Income 2017: $128,0102017Revenue 2018: $366,833Expenses 2018: $406,171Net Income 2018: -$39,3382018Revenue 2019: $374,034Expenses 2019: $376,444Net Income 2019: -$2,4102019Revenue 2020: $780,248Expenses 2020: $391,742Net Income 2020: $388,5062020Revenue 2021: $1,276,006Expenses 2021: $453,015Net Income 2021: $822,9912021Revenue 2022: $1,546,763Expenses 2022: $540,788Net Income 2022: $1,005,9752022Revenue 2023: $1,508,441Expenses 2023: $1,222,554Net Income 2023: $285,8872023Revenue 2024: $1,329,639Expenses 2024: $1,268,475Net Income 2024: $61,1642024

Highlighted filing

2020

Revenue$780,248
Expenses$391,742
Net Income$388,506
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.0
Gross Receipts
$780,848
Mission and Program Overview

Mission

Responding to God's love, WAFER supplies food and advocates for systemic change to eliminate hunger.

Responding to god's love, wafer provides food and works to eliminate hunger.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$620,427$999,571▲ $379,144
Investments in Publicly Traded Securities$254,122$264,470▲ $10,348
Land, Buildings, and Equipment, Net$263,358$260,629▼ $2,729
Pledges and Grants Receivable$18,203$24,588▲ $6,385
Prepaid Expenses and Deferred Charges$2,960$4,161▲ $1,201
Total Assets$1,159,070$1,553,419▲ $394,349
Liabilities
Accounts Payable and Accrued Expenses$6,522$9,110▲ $2,588
Total Liabilities$6,522$9,110▲ $2,588
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,109,755$1,492,358▲ $382,603
Net Assets With Donor Restrictions$42,793$51,951▲ $9,158
Total Net Assets Fund Balance$1,152,548$1,544,309▲ $391,761
Total Liabilities and Net Assets / Fund Balance$1,159,070$1,553,419▲ $394,349

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$165,036$118,878$283,914
Equipment$55,303$181,629$236,932
Land$40,290-$40,290
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Erin WaldhartExecutive DiPT$47,251$1,241$48,492

Board Members and Trustees

NameTitle
Rev Taylor HaleyPresident
Dorothy StroscheinDirector
Mike SwinghamerDirector
Judy SiefertSecretary
Lee BluskeTreasurer
Mike VossVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$770,320
Program Service Revenue
$0
Investment Income
$9,928
Other Revenue
$0
All Other Contributions
$709,018
Change in Net Assets
$388,506

Audited Revenue Reconciliation

Revenue per Audited Statements
$780,248
Revenue Not Reported on Form 990
$3,255
Total Revenue per Audited Statements
$783,503
Total Revenue per Form 990
$780,248
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$214,233
Other Expenses$177,509
Total Fundraising Expense$13,192
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$110,691$29,517$7,379$147,587
Current Officers, Directors, Trustees, and Key Employees$35,438$9,451$2,362$47,251
Depreciation Depletion$23,864$10,228-$34,092
Occupancy$17,239$5,746-$22,985
Advertising$18,822-$1,726$20,548
Payroll Taxes$12,653$3,374$844$16,871
Insurance$11,564$3,854-$15,418
All Other Expenses$5,246$1,802-$7,048
Other Expenses$6,117$3,173-$6,117
Fees for Services Accounting$3,923$1,682-$5,605
Office Expenses$2,372$978$755$4,105
Pension Plan Contributions$1,893$505$126$2,524
Total Functional Expenses$303,688$74,862$13,192$391,742

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$391,742
Total Expenses per Audited Statements$391,742
Total Expenses per Form 990$391,742
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Review performed by independent cpa firm, adjustments proposed and recorded based on management approval. Form 990 is prepared by cpa, reviewd by executive director and board of directors, and signed by officer of the organization.

Form 990, Page 6, Part VI, Line 12C

The organization requires written disclosure and than board members report any changes in status immediately. Board reviews possible conficts of interest and decide action to take.

Form 990, Page 6, Part VI, Line 15A

Executive director's pay is approved by the organizations board.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Wafer Inc
EIN
39-1552632
Phone
6087826003
Address
403 CAUSEWAY BLVD, LA CROSSE, WI 54601

Signing Officer

Name
Lee Bluske
Title
Treasurer
Phone
6087826003
Signed
2021-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lee Bluske
Formed
1986
Legal Domicile
Wi
Voting Board Members
6
Independent Board Members
6
Employees
16
Volunteers
30

Preparer

Firm
GILLETTE & ASSOCIATES LLC CPA'S
Address
PO BOX 3129, LACROSSE, WI 54602-3129
Preparer
Adam Kendle CPA
Phone
6087848355
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

The organization has evaluated for uncertain tax positions and management has expressed that there are no uncertain tax positions as of the end of the tax year.

Raw XML Appendix398 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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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0354515
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0437839
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0340627
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02264920
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt010528
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt011936
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt011661
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt07470
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt06761
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt048356
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01136
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97910
IRS990ScheduleA/PublicSupportPY170Pct00.97730
IRS990ScheduleA/PublicSupportTotal170Amt02264920
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0770320
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0437839
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0340627
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IRS990ScheduleA/TotalSupportAmt02313276
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0118878
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0283914
IRS990ScheduleD/EquipmentGrp/BookValueAmt055303
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0181629
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0236932
IRS990ScheduleD/ExpensesSubtotalAmt0391742
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt040290
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt040290
IRS990ScheduleD/NetUnrealizedGainsInvstAmt03255
IRS990ScheduleD/RevenueNotReportedAmt03255
IRS990ScheduleD/RevenueSubtotalAmt0780248
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS EVALUATED FOR UNCERTAIN TAX POSITIONS AND MANAGEMENT HAS EXPRESSED THAT THERE ARE NO UNCERTAIN TAX POSITIONS AS OF THE END OF THE TAX YEAR.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0260629
IRS990ScheduleD/TotalExpensesPerForm990Amt0391742
IRS990ScheduleD/TotalRevenuePerForm990Amt0780248
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0783503
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0391742
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEW PERFORMED BY INDEPENDENT CPA FIRM, ADJUSTMENTS PROPOSED AND RECORDED BASED ON MANAGEMENT APPROVAL. FORM 990 IS PREPARED BY CPA, REVIEWD BY EXECUTIVE DIRECTOR AND BOARD OF DIRECTORS, AND SIGNED BY OFFICER OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REQUIRES WRITTEN DISCLOSURE AND THAN BOARD MEMBERS REPORT ANY CHANGES IN STATUS IMMEDIATELY. BOARD REVIEWS POSSIBLE CONFICTS OF INTEREST AND DECIDE ACTION TO TAKE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXECUTIVE DIRECTOR'S PAY IS APPROVED BY THE ORGANIZATIONS BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
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IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalContributionsAmt0770320
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt013192
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt074862
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0303688
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt09110
IRS990/TotalLiabilitiesGrp/BOYAmt06522
IRS990/TotalLiabilitiesGrp/EOYAmt09110
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01152548
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01544309
IRS990/TotalOtherCompensationAmt01241
IRS990/TotalProgramServiceExpensesAmt0303688
IRS990/TotalReportableCompFromOrgAmt047251
IRS990/TotalRevenueGrp/ExclusionAmt010528
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-600
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0780248
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01553419
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0LA CROSSE
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd054601
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.WAFERLACROSSE.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LEE BLUSKE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06087826003
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WAFER INC
ReturnHeader/Filer/BusinessNameControlTxt0WAFE
ReturnHeader/Filer/EIN0391552632
ReturnHeader/Filer/PhoneNum06087826003
ReturnHeader/Filer/USAddress/AddressLine1Txt0403 CAUSEWAY BLVD
ReturnHeader/Filer/USAddress/CityNm0LA CROSSE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd054601
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0391807900
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GILLETTE & ASSOCIATES LLC CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 3129
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LACROSSE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0546023129
ReturnHeader/PreparerPersonGrp/PhoneNum06087848355
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ADAM KENDLE CPA
ReturnHeader/ReturnTs02021-11-10T13:43:08-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LEE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BLUSKE
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.31$1.62$3.69$1.33$1.27$0.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.43$1.80$3.63$1.51$1.22$0.29
2022Detailed filing. Detailed filing data is available for this year.$4.29$0.96$3.34$1.55$0.54$1.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.52$1.16$2.36$1.28$0.45$0.82
2020Detailed filing. Detailed filing data is available for this year.$1.55$0.01$1.54$0.78$0.39$0.39
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.01$1.15$0.37$0.38$0.00
2018Detailed filing. Detailed filing data is available for this year.$1.15$0.01$1.15$0.37$0.41$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.20$0.01$1.19$0.44$0.32$0.13
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.01$1.04$0.35$0.28$0.07
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.00$0.97$0.39$0.27$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$0.32$0.32$0.00
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.88$0.02$0.86$0.35$0.29$0.05
2012Summary only. Only limited summary data is available for this year.$0.81$0.00$0.81$0.32$0.33$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.00$0.81$0.29
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.00$0.82$0.26