Wisconsin Principles Inc

Nonprofit profile at a glance

EIN
992011538
IRS 990 coverage
2024–2024
Forms available
Form 990 2024
Location
Oconomowoc, WI, USA
Phone
4148522485
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Civil Liberties

Reported finances

Revenue
$2,752,000
Expenses
$2,666,174
Assets
$85,826
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • PATRICK HOGAN (PRESIDENT)
  • STEPHAN THOMPSON (EXECUTIVE DIRECTOR)

People named in this filing

  • PATRICK HOGAN (PRESIDENT)
  • KATIE IGNATOWSKI (TREASURER)
  • KATIE MCCALLUM (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Wisconsin principles (wp) is a 501(c)(4) non-profit organization dedicated to preserving conservative values in the state of Wisconsin. Committed to fiscal conservatism, educational choice, and individual liberty, we strive to empower citizens and promote policies that uphold core values essential to the prosperity and well-being of our state. Through earned and paid communications, research, and grassroots mobilization, wp advocates for constitutional integrity, fiscal responsibility, educational choice, and individual liberty.

What it reported doing in 2024

Wisconsin principles, inc. Is dedicated to safeguarding and preserving the principles enshrined in the Wisconsin constitution. Committed to fostering fiscal conservatism, advancing educational choice, upholding the rule of law, and championing individual liberty, we strive to empower citizens and promote policies that uphold the core values essential to the prosperity and well-being of our great state. Wisconsin principles, inc. Will utilize earned and paid communications, research, and grassroots mobilization to build awareness of our core principles. Core principles: preserving constitutional integrity - we are devoted to upholding the integrity of the Wisconsin constitution, ensuring that the fundamental rights and liberties of every citizen are protected and respected. Through education and advocacy, we aim to build awareness of constitutional principles and defend against threats that may compromise them. Advocating fiscal conservatism - recognizing the importance of responsible fiscal policies, we advocate for measures that promote sound economic principles, efficient government spending, and the prudent management of public resources. We believe in a financially responsible government that prioritizes the long-term economic health of Wisconsin. Championing educational choice - we support the right of every family to choose the education that best suits their children. By advocating for policies that expand educational options, including school choice initiatives, we seek to empower parents and guardians in making decisions that align with the unique needs and values of their families. Defending individual liberty - at the heart of our mission is a commitment to safeguarding individual liberty. We work tirelessly to protect the rights and freedoms of all wisconsinites, advocating for policies that enhance personal autonomy, limit government overreach, and preserve the principles of a free and just society. Community engagement and empowerment - through community outreach, educational programs, and grassroots initiatives, we strive to engage citizens in the democratic process. By fostering an informed and active electorate, we empower individuals to help shape the future of Wisconsin in alignment with our mission. Rule of law - upholding the rule of law is a critical component of our mission, working to ensure that justice prevails within communities, thereby laying the foundation for safety, security, and respecting the integrity of our institutions. Safe communities thrive when laws are consistently enforced, promoting accountability, and safeguarding the well-being of all residents.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 64% for direct work, and 36% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 93
  • Transparency & Controls: 94
  • Accountability: 70
  • Sustainability: 44
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.2%; rating input score 92
  • Program expense ratio: 95.2%; rating input score 95
  • Fundraising efficiency: $152.89 raised per $1 spent on fundraising; rating input score 90; 90th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • 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: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 3.1%; rating input score 45; 45th percentile among comparable filings
  • Total-asset coverage ratio: 0.03; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 97; 97th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 92.2% of revenue deployed · 95.2% of spending went to programs
  • Governance: 3 of 3 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $2.5M in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Highest-paid contractors: 3 contractors listed · $1.6M reported
  • Consistency: 19 of 19 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • 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 — Accountability: Governance controls: 4 of 6 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • Moderate — Sustainability: Operating margin scored 45/100.