Watertown SkillsUSA Alumni Inc
Nonprofit profile at a glance
- EIN
- 994420352
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Watertown, WI, USA
- Phone
- 9202192922
- Rating
- 45
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Community Foundations
Reported finances
- Revenue
- $56,229
- Expenses
- $6,127
- Assets
- $50,102
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Jeremy Kutil (President)
- Jared Behymer (Vice President)
People named in this filing
- Steve Shearier (Executive Dir.)
- Jeremy Kutil (President)
- Jared Behymer (Vice President)
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
Watertown SkillsUSA Alumni is working hard to create a sustainable future for our SkillsUSA programs in the Watertown area. To this end, our goal is to create an investment account that can be used to draw enough interest in financially supporting our chapters for years to come. Our lead fundraising arm to accomplish this will be an annual Charity Golf Outing... These funds will; create an annual scholarship for graduating seniors, offset local chapter costs for programs like SkillsUSA, support our alumni network in their growth, and finally creating a large nest egg that can be invested for a sustainable future.
What it reported doing in 2024
Watertown SkillsUSA Alumni funded annual scholarships for graduating seniors, offset local chapter costs for programs like SkillsUSA, and continued to support our alumni network.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% 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
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. 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: 16
- Transparency & Controls: 82
- Sustainability: 79
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 3.9%; rating input score 4
- Program expense ratio: 35.9%; rating input score 36
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 89.1%; rating input score 98; 98th percentile among comparable filings
- Total-asset coverage ratio: 8.18; rating input score 90; 90th 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: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 3.9% of revenue deployed · 35.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $2K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- 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 — Financial Efficiency: Mission deployment rate scored 4/100.
- Moderate — Financial Efficiency: Program expense ratio scored 36/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.