Wisconsin Academic Decathlon Foundation Inc

Nonprofit profile at a glance

EIN
391860126
IRS 990 coverage
2010–2016
Forms available
Form 990 2016, Form 990-EZ 2009
Location
Green Bay, WI, USA
Phone
9204925960
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Student Services, Organizations of Students

Official website

Reported finances

Revenue
$129,936
Expenses
$202,258
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • DANIELLE BOSANEC (VICE PRESIDENT)
  • RICHARD MANNS (PRESIDENT)

Highest reported compensation

  • MOLLY RITCHIE (STATE DIRECTOR): $60,185 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the Wisconsin academic decathlon (wiad) is to promote learning and academic excellence among students of varying achievement levels by developing and providing multidisciplinary academic competitions using usad (united states academic decathlon) based curricula.

What it reported doing in 2016

The purpose of the Wisconsin academic decathlon is to develop and provide academic competitions, curriculum, and assessment to promote learning and academic excellence through teamwork among students of all achievement levels. Academic decathlon is dedicated to the goal of strengthening the academic capabilities of youth by supporting educational activities. One way to meet this goal is to identify, recognize and reward excellence in academics. Academic decathlon was created with the focus on the importance of developing well rounded individuals and providing an antidote to intellectual apathy and under achievement. Decathlon opens the door to academic achievement for all students. General programs and achievements are as follows: competitions: funds were used to coordinate and manage three statewide levels of competition.local competition: 108 teams registerd to participate in the 34th annual wi academic decathalon. This year's overall curricular theme was world war ii.regional competition (january 6, 2017): 50 teams advanced to the second round of state-wide competition. Ten schools were assigned to each of the five host sites. The kress fdn was the sponsor of the uwgb site. State competition (march 2-3, 2017): the 2-day competition returned to the wilderness resort/glacier canyon center in wi dells. Wisconsin's top 20 teams, determined by score and division size, competed in the 10 events and the super quiz relay. On the close of the second day, an awards banquet was held in the gccc ballroom.national competition in madison, Wisconsin: wilmont union hs, coached by don serkowski and kaitlyn keleher, captured 25 medals, four cahs scholarships and places 2nd in the super quiz relay. They placed 2nd among the division ii teams and 10th overall in the nation.scholarship awards: since march 1996, wiad has issued cash and direct scholarship awards. Direct scholarships were offered by 20 wi colleges and universities. The scholarships (exceeding $239,500 in value) were available to the state overall winners from the march competition, as well as to our january regional top scholars. Two of the direct scholarships have been claimed to attend carroll college in the fall. Einhorn family fdn scholarships were awarded to the top student on each of the 20 teams at the state competition in march for the 4th year in a row. 20 cash award certificates were presented for a total of $4,000.

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 93% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 65
  • Accountability: 84
  • Sustainability: 3
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.7%; rating input score 97
  • Program expense ratio: 62.5%; rating input score 62
  • Fundraising efficiency: $1.37 raised per $1 spent on fundraising; rating input score 7; 7th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -55.7%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 29.8%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: -1.8% per year; rating input score 0; 34th percentile among comparable filings
  • Revenue growth: -8% per year; rating input score 0; 14th percentile among comparable filings
  • Asset growth: -17.8% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 96.7% of revenue deployed · 62.5% of spending went to programs
  • Governance: 13 of 13 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $126K in reported program spending
  • Leadership: top reported pay $60K · 13 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 25 of 25 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 7 filing years from 2010 to 2016
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 7/100.
  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • High — Sustainability: Operating margin scored 4/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 11/100.