Wisconsin Floorcovering Association Inc
Nonprofit profile at a glance
- EIN
- 510177990
- IRS 990-EZ coverage
- 2021–2025
- Forms available
- Form 990-EZ 2025
- Location
- Madison, WI, USA
- Rating
- 54
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $10,147
- Expenses
- $6,353
- Assets
- $42,967
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Roger Hegg (Executive Director)
- Bruce Klainot (President)
- Michael Kerns (Vice President)
People named in this filing
- Roger Hegg (Executive Director)
- Bruce Klainot (President)
- Fred Jaeckle (Treasurer)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Education and professional advancement of its membership coordinating & recruiting Installation training,
What it reported doing in 2025
Focus in 2025 was ti help fund installation training for new and existing flooring installers that were sponsored by members of the organization. Some scholarships were granted in 2025 we continued to work with two technical schools in trying to get a training program offered whereby we would help fund the programs via direct donations or scholarships. We seccured Donation from members of flooring materials for the schools conducting the training
Operating model
- Revenue model
- Other-operating. 70% of the money available for current operations came from other operating revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
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: 29
- Transparency & Controls: 82
- Sustainability: 66
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 27.6%; rating input score 28
- Program expense ratio: 29.9%; rating input score 30
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 37.4%; rating input score 85; 85th percentile among comparable filings
- Total-asset coverage ratio: 6.76; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 42.5%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: -29.8% per year; rating input score 0; 14th percentile among comparable filings
- Revenue growth: 13.1% per year; rating input score 100; 84th percentile among comparable filings
- Asset growth: 10% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: 27.6% of revenue deployed · 29.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $2K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2021 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 28/100.
- Moderate — Financial Efficiency: Program expense ratio scored 30/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 4/100.