Wisconsin Water Ski Federation Inc C/o Margaret Muleski
Nonprofit profile at a glance
- EIN
- 391538892
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Wisconsin Rapids, WI, USA
- Phone
- 7154596117
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Amateur Sports Competitions
Reported finances
- Revenue
- $66,360
- Expenses
- $48,864
- Assets
- $78,383
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- LUKE RAYMER (PRESIDENT)
People named in this filing
- MARGARET MULESKI (TREASURER)
- LUKE RAYMER (PRESIDENT)
- JOEL SHAPIRO (VICE PRESIDE)
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
Educating anyone interested in competitive water skiing.
What it reported doing in 2024
The organiztion educates individuals interested in competitive water skiing by presenting an annual three day workshop known as the Wisconsin water ski convention and expo (fka think tank).
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 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 82
- Sustainability: 56
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 64.8%; rating input score 65
- Program expense ratio: 87%; rating input score 87
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 26.4%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 1.6; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 8.4%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: 2.3% per year; rating input score 100; 55th percentile among comparable filings
- Revenue growth: 2.8% per year; rating input score 100; 64th percentile among comparable filings
- Asset growth: 7.4% per year; rating input score 100; 65th percentile among comparable filings
Details
- Where the money goes: 64.8% of revenue deployed · 87% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $43K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 4 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.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- High — Sustainability: Officer compensation ratio scored 10/100.