Southern Wisconsin Chapter of Trout Unlimited
Nonprofit profile at a glance
- EIN
- 237282818
- IRS 990-EZ coverage
- 2009–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Madison, WI, USA
- Phone
- 6082794486
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $61,464
- Expenses
- $39,453
- Assets
- $220,088
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- Steve Musser (President)
- Topf Wells (Vice President)
People named in this filing
- Steve Musser (President)
- Topf Wells (Vice President)
- Henry Nehls-Love (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To Preserve protect and restore our cold water fisheries and their watersheds.
What it reported doing in 2024
Fly fishing is seen as a form of recreational therapy, providing a calming and engaging activity that can help veterans cope with mental health challenges and stress, including PTSD. The programs foster a sense of belonging and community among veterans who share similar experiences, creating opportunities for them to connect, build friendships, and support each other.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 100
- Sustainability: 72
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 65.3%; rating input score 65
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 35.8%; rating input score 85; 85th percentile among comparable filings
- Total-asset coverage ratio: 5.58; rating input score 85; 85th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -10.1% per year; rating input score 0; 27th percentile among comparable filings
- Revenue growth: -4.7% per year; rating input score 0; 35th percentile among comparable filings
- Asset growth: 5.7% per year; rating input score 100; 60th percentile among comparable filings
Details
- Where the money goes: 65.3% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $40K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2009 to 2024
- Contacts: How to reach this organization
- 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.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.