Center for Advanced Studies in Business Inc
Nonprofit profile at a glance
- EIN
- 237447143
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Madison, WI, USA
- Phone
- 6084417339
- Rating
- 62
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $7,745,550
- Expenses
- $7,842,782
- Assets
- $3,844,747
- Liabilities
- $1,576,790
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- JON KAUPLA (EXECUTIVE DIRECTOR (CASB))
Highest reported compensation
- JON KAUPLA (EXECUTIVE DIRECTOR (CASB)): $308,801 total reported compensation
- MARK SEIFERT (SOLUTION ADVISOR): $274,362 total reported compensation
- KATE SCHLESINGER (SOLUTION ADVISOR): $262,916 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
A. To stimulate the continual process of professional education in business and administration at the Wisconsin school of business and other academic units at the university of Wisconsin-madison (university) in the student, alumnus and the practitioner phases. B. To promote the exchange of ideas between the student body, alumni and faculty of the Wisconsin school of business, other academic units at the university and interested executives and administrators. C. To advance the school of business and other academic units at the university by disseminating information concerning student, alumni, faculty and administrative activities.
What it reported doing in 2024
Continuing education programs: full immersion educational programs (p.l.r. #98-24048). Casb custom program offerings extend to all functional areas and levels within an organization. Consulting is offered both adjacent to the programmatic offer as well as more generally within topics related to human capital. Casb runs a portfolio of open-enrollment courses on various business related topics. Casb operates the family business center, a membership based organization with professional education geared to closely held business.
Operating model
- Revenue model
- Earned-program. 99% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 39
- Transparency & Controls: 86
- Accountability: 85
- Sustainability: 23
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 44%; rating input score 44
- Program expense ratio: 44%; rating input score 44
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 75%; rating input score 75; 13th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -1.3%; rating input score 29; 29th percentile among comparable filings
- Total-asset coverage ratio: 0.49; rating input score 17; 17th percentile among comparable filings
- Liabilities to assets ratio: 0.41; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 21.4%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: -8.4% per year; rating input score 0; 3rd percentile among comparable filings
- Revenue growth: 0.6% per year; rating input score 100; 14th percentile among comparable filings
- Asset growth: -9.3% per year; rating input score 0; 2nd percentile among comparable filings
Details
- Where the money goes: 44% of revenue deployed · 44% of spending went to programs
- Governance: 9 of 12 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $3.5M in reported program spending
- Leadership: top reported pay $309K · 18 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $886K reported
- Consistency: 32 of 32 current checks pass
- Schedules: 5 filed schedules · includes grants and executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 10 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 44/100.
- Moderate — Financial Efficiency: Program expense ratio scored 44/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Operating margin scored 29/100.
- High — Sustainability: Total-asset coverage ratio scored 17/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 11/100.
- High — Sustainability: Liabilities to assets ratio scored 26/100.