Civic Intelligence

Wbcs Inc.

990 • Fiscal year 2019 • EIN 39-1926351

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 23, 2020

PO Box 170588Milwaukee, WI 53217

(414) 297-9152

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

55th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

55th percentile

5.2%

Higher net margin than 55% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

78th percentile

31%

Faster asset growth than 78% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

29th percentile

-14%

Faster revenue growth than 29% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$50,764

Up $11,918 (+31%) from 2018

Net Assets

Up

$50,764

Up $14,781 (+41%) from 2018

Liabilities

Down

$0

Down $2,863 (-100%) from 2018

Revenue

Down

$282,558

Down $46,613 (-14%) from 2018

Expenses

Down

$267,777

Down $76,511 (-22%) from 2018

Net Income

Up

$14,781

Up $29,898 (+198%) from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $45,876Liabilities 2010: $0Net Assets 2010: $45,8762010Assets 2011: $29,452Liabilities 2011: $5,167Net Assets 2011: $24,2852011Assets 2012: $73,640Liabilities 2012: $5,228Net Assets 2012: $68,4122012Assets 2013: $91,606Liabilities 2013: $14,581Net Assets 2013: $77,0252013Assets 2014: $55,707Liabilities 2014: $12,763Net Assets 2014: $42,9442014Assets 2015: $60,031Liabilities 2015: $0Net Assets 2015: $60,0312015Assets 2016: $70,382Liabilities 2016: $0Net Assets 2016: $70,3822016Assets 2017: $51,100Liabilities 2017: $0Net Assets 2017: $51,1002017Assets 2018: $38,846Liabilities 2018: $2,863Net Assets 2018: $35,9832018Assets 2019: $50,764Liabilities 2019: $0Net Assets 2019: $50,7642019Assets 2020: $138,251Liabilities 2020: $3,533Net Assets 2020: $134,7182020Assets 2021: $272,260Liabilities 2021: $0Net Assets 2021: $272,2602021Assets 2022: $326,179Liabilities 2022: $4,970Net Assets 2022: $321,2092022Assets 2023: $546,754Liabilities 2023: $7,342Net Assets 2023: $539,4122023Assets 2024: $425,290Liabilities 2024: $0Net Assets 2024: $425,2902024

Highlighted filing

2019

Assets$50,764
Liabilities$0
Net Assets$50,764

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $315,0002010Expenses 2011: $333,8642011Expenses 2012: $364,5612012Revenue 2013: $370,884Expenses 2013: $362,271Net Income 2013: $8,6132013Revenue 2014: $339,297Expenses 2014: $373,378Net Income 2014: -$34,0812014Revenue 2015: $376,975Expenses 2015: $359,888Net Income 2015: $17,0872015Revenue 2016: $377,756Expenses 2016: $367,405Net Income 2016: $10,3512016Revenue 2017: $320,656Expenses 2017: $339,938Net Income 2017: -$19,2822017Revenue 2018: $329,171Expenses 2018: $344,288Net Income 2018: -$15,1172018Revenue 2019: $282,558Expenses 2019: $267,777Net Income 2019: $14,7812019Revenue 2020: $106,823Expenses 2020: $22,869Net Income 2020: $83,9542020Revenue 2021: $155,217Expenses 2021: $17,675Net Income 2021: $137,5422021Revenue 2022: $430,898Expenses 2022: $381,949Net Income 2022: $48,9492022Revenue 2023: $244,277Expenses 2023: $26,074Net Income 2023: $218,2032023Revenue 2024: $231,747Expenses 2024: $345,869Net Income 2024: -$114,1222024

Highlighted filing

2019

Revenue$282,558
Expenses$267,777
Net Income$14,781
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 23, 2020
Return Version
2019v5.0
Gross Receipts
$376,020
Mission and Program Overview

Mission

To support early stage breast cancer and prostate cancer research at the medical college of Wisconsin.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$33,569$46,617▲ $13,048
Accounts Receivable-$2,000-
Prepaid Expenses and Deferred Charges$1,980$0▼ $1,980
Savings and Temporary Cash Investments$1,860$1,860→ $0
Intangible Assets$1,437$287▼ $1,150
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Inventories for Sale or Use-$0-
Total Assets$38,846$50,764▲ $11,918
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$2,863--
Total Liabilities$2,863$0▼ $2,863
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$35,983$50,764▲ $14,781
Total Net Assets Fund Balance$35,983$50,764▲ $14,781
Total Liabilities and Net Assets / Fund Balance$38,846$50,764▲ $11,918
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ellen Irionchair
Claudia GaveryDirector
Colleen ReillyDirector
Jan LennonDirector
Juliane LeeDirector
Julie WilsonDirector
Kadie M Jelenchick EsqDirector
Kathleen DeanDirector
Kellee SeldenDirector
Linda ShortDirector
Margie EdwardsDirector
Patricia VirnigDirector
Vera B WilsonDirector
Kimberly JonesTreasurer & Sec
Revenue and Support

Revenue Composition

Contributions and Grants
$209,089
Program Service Revenue
$0
Investment Income
$50
Other Revenue
$73,419
All Other Contributions
$197,239
Change in Net Assets
$14,781

Audited Revenue Reconciliation

Revenue per Audited Statements
$376,020
Revenue Not Reported on Financial Statements
$-93,462
Revenue Not Reported on Form 990
$5,600
Other Revenue Adjustments
$-93,462
Total Revenue per Audited Statements
$381,620
Total Revenue per Form 990
$282,558
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$250,000
Other Expenses$17,777
Total Fundraising Expense$3,527
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$250,000--$250,000
Fees for Services Accounting-$5,400-$5,400
Office Expenses-$323$3,231$3,554
Insurance-$2,704-$2,704
Depreciation Depletion-$1,150-$1,150
Other Expenses-$74$296$370
Total Functional Expenses$250,000$14,250$3,527$267,777

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$267,777
Total Expenses per Audited Statements$267,777
Total Expenses per Form 990$267,777
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
medical college of wisconsinmilwaukee, WI501(c)(3)To support direct research$250,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$166,881
Fundraising Direct Expenses$93,462
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Showhouse$44,569$44,569$4,407$40,162
Pinktacular Fashion Show and Luncheon$48,673$40,173$1,183$38,990
Total Events$178,731$166,881$93,462$73,419
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Two board members are related as mother and daughter.

Form 990, Part VI, Line 11B: Form 990 Review Process

The document was submitted to the entire board via email as well as reviewed and signed by the Treasurer and President prior to submission

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

All services are provided by volunteers without compensation.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

All services are provided by volunteers without compensation.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Available upon request.

Filing and Contact Details

Filer

Filer Name
Wbcs Inc
EIN
39-1926351
Phone
4142979152
Address
PO Box 170588, Milwaukee, WI 53217

Signing Officer

Name
Kimberly Jones
Title
Treasurer
Signed
2020-03-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ellen Irion
Formed
1998
Legal Domicile
Wi
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
950

Preparer

Firm
Ritz Holman LLP
Address
330 E Kilbourn Ste 550, Milwaukee, WI 53202-3144
Preparer
Diana Luttmann
Phone
4142711451
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Organization is exempt from income tax under Section 501(c)(3) of Internal Revenue Code and is classified as other than a private foundation. Management has reviewed all tax positions recognized in previously filed tax returns and those expected to be taken in future tax returns. As of December 31, 2019, the Organization had no amounts related to unrecognized income tax benefits and no amounts related to accrued interest and penalties. The Organization does not anticipate any significant changes to unrecognized income tax benefits over the next year. The Organization is currently not under audit by any federal or state taxing authority.

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.25$0.00$4.25$2.32$3.46$1.14
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.47$0.07$5.39$2.44$0.26$2.18
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.26$0.05$3.21$4.31$3.82$0.49
2021Detailed filing. Detailed filing data is available for this year.$2.72$0.00$2.72$1.55$0.18$1.38
2020Detailed filing. Detailed filing data is available for this year.$1.38$0.04$1.35$1.07$0.23$0.84
2019Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$2.83$2.68$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$0.03$0.36$3.29$3.44$0.15
2017Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.51$0.00$0.51$3.21$3.40$0.19
2016Summary only. Only limited summary data is available for this year.$0.70$0.00$0.70$3.78$3.67$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$3.77$3.60$0.17
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.56$0.13$0.43$3.39$3.73$0.34
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.92$0.15$0.77$3.71$3.62$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.05$0.68$3.65
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.05$0.24$3.34
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.00$0.46$3.15
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • <$500k nonprofits