Civic Intelligence

Wisolve Consulting Group Inc.

990EZ • Fiscal year 2021 • EIN 81-4771988

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 04, 2022

PO Box 5089Madison, WI 53705

(612) 462-6112

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.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

95th percentile

80%

Higher net margin than 95% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

70th percentile

27%

Faster asset growth than 70% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2021

Revenue Growth

25th percentile

-30%

Faster revenue growth than 25% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2021

Assets

Up

$32,793

Up $12,307 (+60%) from 2019

Net Assets

$32,793

No earlier filing loaded for comparison.

Liabilities

Down

$0

Down $5,500 (-100%) from 2019

Revenue

Down

$32,612

Down $34,246 (-51%) from 2019

Expenses

Down

$6,417

Down $80,578 (-93%) from 2019

Net Income

Up

$26,195

Up $46,332 (+230%) from 2019

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2018: $35,123Liabilities 2018: $02018Assets 2019: $20,486Liabilities 2019: $5,5002019Assets 2021: $32,793Liabilities 2021: $0Net Assets 2021: $32,7932021Assets 2022: $36,586Liabilities 2022: $0Net Assets 2022: $36,5862022Assets 2023: $37,980Liabilities 2023: $0Net Assets 2023: $37,9802023Assets 2024: $30,516Liabilities 2024: $0Net Assets 2024: $30,5162024Assets 2025: $26,208Liabilities 2025: $0Net Assets 2025: $26,2082025

Highlighted filing

2021

Assets$32,793
Liabilities$0
Net Assets$32,793

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2018: $115,557Expenses 2018: $84,975Net Income 2018: $30,5822018Revenue 2019: $66,858Expenses 2019: $86,995Net Income 2019: -$20,1372019Revenue 2021: $32,612Expenses 2021: $6,417Net Income 2021: $26,1952021Revenue 2022: $41,948Expenses 2022: $38,155Net Income 2022: $3,7932022Revenue 2023: $35,008Expenses 2023: $33,614Net Income 2023: $1,3942023Revenue 2024: $12,316Expenses 2024: $19,780Net Income 2024: -$7,4642024Revenue 2025: $12,503Expenses 2025: $16,811Net Income 2025: -$4,3082025

Highlighted filing

2021

Revenue$32,612
Expenses$6,417
Net Income$26,195
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 4, 2022
Return Version
2021v4.0
Gross Receipts
$32,612
Mission and Program Overview

Mission

It is wisolve's mission to provide data-driven business solutions for wisconsin companies at low-cost while providing our graduate student and postdoc consultants with practical experience in the business of science and technology. We focus on the development of transferrable skills and business acumen that will prepare our consultants for life after academia while giving wisconsin startups the help they need to grow and be successful.

Program Services

DescriptionGrantsExpenses
EDUCATIONAL PROGRAMMING ON TOPICS RELEVANT TO VARIOUS ASPECTS OF ENTREPRENEURSHIP AND PROFESSIONAL DEVELOPMENT. THE MONTHLY WORKSHOPS SERVE AS THE PRIMARY TRAINING FOR OUR TRAINEE CONSULTANTS AND WE ALSO ENCOURAGE ATTENDANCE BY THE GREATER MADISON ENTREPRENEURIAL COMMUNITY. IN 2021 WISOLVE PROVIDED 12 COMMUNITY WORKSHOPS, SEMINARS, AND NETWORKING OPPORTUNITIES REACHING OVER 150 WISOLVE CONSULTANTS AND MEMBERS OF THE BROADER WISCONSIN ENTREPRENEURIAL COMMUNITY. WISOLVE HAS HAD 54 OF OUR CONSULTANTS COMPLETE 11 ENGAGEMENTS WITHIN THE PAST 12 MONTHS. WE PROVIDE PROJECT-BASED CONSULTING AND GRANT WRITING FOR WISCONSIN-BASED BUSINESSES. BY UTILIZING VOLUNTEERS WITH ADVANCED ACADEMIC TRAINING, WISOLVE PROVIDES HIGH-QUALITY, FLEXIBLE, LOWER-COST SERVICES THAT FIT THE NEEDS OF EARLY-STAGE ENTREPRENEURS WHILE PROVIDING THE TRAINEES VALUABLE HANDS-ON EXPERIENCE IN THE BUSINESS OF SCIENCE. IN 2021 SPECIFICALLY, WISOLVE WORKED WITH 9 COMPANIES GIVING VALUABLE HANDS-ON LEARNING EXPERIENCES TO 54 TRAINEES. OUR ORGANIZATION CURRENTLY EXCELS IN THE AREAS OF PROVIDING MARKET ANALYSIS, WRITING SBIR/STTR GRANTS, DEVELOPING INVESTOR-FACING MATERIAL FOR SCIENTIFIC INNOVATIONS, AND DISCOVERING CUSTOMERS FOR TECHNICAL AND SCIENTIFIC PRODUCTS.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ryan TrevenaPresidentPT$0--
Tyler OgorekVice PresidentPT$0--
Yiming QinVice PresidentPT$0--
Daniel RadeckiDirector Of FinancePT$0--
Emma LazaroffDirector Of OperationsPT$0--
Margaret JamesonDirector Of Human ResourcesPT$0--
Filing and Contact Details

Filer

Filer Name
Wisolve Consulting Group Inc
EIN
81-4771988
Phone
6124626112
Address
PO BOX 5089, Madison, WI 53705

Signing Officer

Name
Ryan Trevena
Title
President
Phone
6124626112
Signed
2022-10-04
Supplemental Narrative

Additional Explanations

Form 990-EZ, Header, Line B

Based on the review of the return editor, we recognize that there was a missing number from the 'Employer identification number' that was input on the original 990-EZ form. The number that was originally listed was, 81-477198, but should have been listed as, 81-4771988. We have addressed this error on the amended return in this envelope. Additionally, there was an indication of an error regarding the 'Name of organization', however, the name provided on the original form was a name listed under the "Other Names" section of the 'Tax Exempt Organization Search' on the IRS website. We have amended the name in this section to the primary name of our organization per the IRS website. Finally, it has been brought to our attention that we, as a tax-exempt organization, must now file forms electronically per the Taxpayer First Act. We were not aware of this when we originally submitted our initial return on April 4th, 2022 (prior to the tax submission deadline). To comply with this recent change we are now submitting our amended 990-EZ form through an e-filing system. We appreciate your consideration and flexibility in getting the amended 990-EZ form submitted properly and subsequently filed for our 2021 tax returns.

Raw XML Appendix194 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/ExplanationTxt0Based on the review of the return editor, we recognize that there was a missing number from the 'Employer identification number' that was input on the original 990-EZ form. The number that was originally listed was, 81-477198, but should have been listed as, 81-4771988. We have addressed this error on the amended return in this envelope. Additionally, there was an indication of an error regarding the 'Name of organization', however, the name provided on the original form was a name listed under the "Other Names" section of the 'Tax Exempt Organization Search' on the IRS website. We have amended the name in this section to the primary name of our organization per the IRS website. Finally, it has been brought to our attention that we, as a tax-exempt organization, must now file forms electronically per the Taxpayer First Act. We were not aware of this when we originally submitted our initial return on April 4th, 2022 (prior to the tax submission deadline). To comply with this recent change we are now submitting our amended 990-EZ form through an e-filing system. We appreciate your consideration and flexibility in getting the amended 990-EZ form submitted properly and subsequently filed for our 2021 tax returns.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Header, Line B
ReasonableCauseExplanation/ExplanationTxt0Tax Return - Amendment Explanation RE: Amy Hussey Department of Code & Edit/Numbering Internal Revenue Service Based on the review of the return editor, we recognize that there was a missing number from the 'Employer identification number' that was input on the original 990-EZ form. The number that was originally listed was, 81-477198, but should have been listed as, 81-4771988. We have addressed this error on the amended return in this envelope. Additionally, there was an indication of an error regarding the 'Name of organization', however, the name provided on the original form was a name listed under the "Other Names" section of the 'Tax Exempt Organization Search' on the IRS website. We have amended the name in this section to the primary name of our organization per the IRS website. Finally, we were not aware of the mandate of e-filing per the Taxpayer First Act that required us to submit our returns electronically. We appreciate your consideration and flexibility in getting the amended 990-EZ form submitted and filed for our 2021 tax returns. Respectfully, Ryan Trevena President - WiSolve Consulting Group Inc.
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