Wisconsin Sleep Inc
Nonprofit profile at a glance
- EIN
- 260902344
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Madison, WI, USA
- Phone
- 6082323333
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Public Health Program (Includes General Health and Wellness Promotion Services)
Reported finances
- Revenue
- $7,021,824
- Expenses
- $5,321,676
- Assets
- $5,243,170
- Liabilities
- $481,007
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Mary Link (President)
- David Childers (Vice President)
People named in this filing
- Mary Link (President)
- David Childers (Vice President)
- Beth Erdman (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to: A) Facilitate and enhance basic and clinical sleep research.B) Develop new technologies for the study of sleep and sleep disorders.C) Coordinate educational efforts in basic sleep science and sleep medicine, including outreach to healthcare providers throughout the region.D) Address areas of public policy relevant to sleep and sleep disorders, such as prevention of sleep deprivation.E) Provide community education and outreach related to sleep and health.F) Provide outstanding clinical care to patients with sleep disorders including outpatient services and diagnostic laboratory testing.
What it reported doing in 2024
Promote and advance the general health and welfare of persons in the community through providing clinical sleep disorder services to patients not requiring hospitalization, carry on educational activities related to rendering health care services to patients, and participate in other activities that are designed and carried on to promote and advance the general health and welfare of persons in the community. 8,776 studies were completed during the year.
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 96% 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
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 57
- Transparency & Controls: 93
- Accountability: 88
- Sustainability: 66
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 56.6%; rating input score 57
- Program expense ratio: 75.9%; rating input score 76
- Fundraising efficiency: Limited
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: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 24.2%; rating input score 80; 80th percentile among comparable filings
- Total-asset coverage ratio: 0.99; rating input score 36; 36th percentile among comparable filings
- Liabilities to assets ratio: 0.09; rating input score 60; 60th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings
Growth
- Program expense growth: -0.4% per year; rating input score 0; 12th percentile among comparable filings
- Revenue growth: 1.6% per year; rating input score 100; 18th percentile among comparable filings
- Asset growth: 0.5% per year; rating input score 100; 14th percentile among comparable filings
Details
- Where the money goes: 56.6% of revenue deployed · 75.9% of spending went to programs
- Governance: 6 of 6 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $4M in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 31 of 31 current checks pass
- Schedules: 4 filed schedules · includes grants
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 57/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 36/100.