WISCONSIN LIBRARY SERVICES INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1972

Legal Domicile

Principal Officer

JENNIFER CHAMBERLAIN

Phone

6082184480

Tax Period

2024-07-01 to 2025-06-30

WISCONSIN LIBRARY SERVICES INC, founded in 1972, is a mid-sized nonprofit that reported $12.6M in total revenue in fiscal year 2024.

Mission

PROVIDING SERVICES TO MEMBERS IN A FEE-FOR-SERVICE MODEL TO HELP ADVANCE LIBRARY SERVICES, PRIMARILY IN THE STATE OF WISCONSIN.

Program Service Accomplishments

Program 1

Expenses: $11,466,719 Revenue: $11,462,839

CO-OP SERVICES: THE WILS COOPERATIVE PURCHASING PROGRAM IS DESIGNED TO SAVE MEMBERS TIME AND MONEY, ALONG WITH LEVERAGING THE BUYING POWER OF A STATEWIDE MEMBERSHIP BASE. WILS NEGOTIATES PRICING FOR A VARIETY OF ONLINE RESOURCES AND OTHER PRODUCTS, MANAGES SUBSCRIPTIONS TO ONLINE RESOURCES, IDENTIFIES NEW PRODUCTS, AND CREATES AND MAINTAINS RELATIONSHIPS WITH VENDORS, ALL ON BEHALF OF OUR MEMBERS.

Program 2

Expenses: $1,223,142 Revenue: $716,461

CONSULTING AND PROJECT MANAGEMENT: WILS PROVIDES ITS MEMBERS WITH A VARIETY OF CONSULTING AND PROJECT MANAGEMENT SERVICES, INCLUDING PLANNING SERVICES, REPORTS AND DATA COLLECTION, BROKERING PROJECTS WITH EXPERTS IN THE LIBRARY FIELD, EVENTS FOR CONTINUING EDUCATION, AND COLLABORATIVE PROJECT MANAGEMENT. IN ADDITION, WILS ACTS AS PROJECT MANAGER FOR A NUMBER OF CONSORTIA INCLUDING THREE EBOOK CONSORTIA (THE WISCONSIN PUBLIC LIBRARY CONSORTIUM, THE HORTICULTURE LIBRARY CONSORTIUM, AND THE WISCONSIN SCHOOLS DIGITAL LIBRARY CONSORTIUM) AND THE WISPALS CONSORTIUM, WHICH PROVIDES LIBRARY CATALOG AND OTHER SERVICES TO TECHNICAL COLLEGE LIBRARIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $320,029

Program Service Revenue $12,179,300

Investment Income $70,447

Other Revenue $12,653

TOTAL REVENUE $12,582,429

Expense Breakdown

Grants Paid $37,740

Salaries & Benefits $1,241,481

Fundraising Expenses $0

Program Expenses $12,689,861

Other Expenses $11,970,396

TOTAL EXPENSES $13,249,617

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,582,429	$12,219,014	+0.0%
Expenses	$13,249,617	$11,760,809	+0.1%
Net Income	$-667,188	$458,205	-2.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$163,054

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER GURSKE	CHAIR	1.00	Officer Director	$0	$0	$0
MINDY KING	CHAIR-ELECT	1.00	Officer Director	$0	$0	$0
KRISTINA GOMEZ	TREASURER	1.00	Officer Director	$0	$0	$0
SARAH MILLER	DIRECTOR	1.00	Director	$0	$0	$0
KIM OLSON-KOPP	DIRECTOR	1.00	Director	$0	$0	$0
RENEE ANHALT	DIRECTOR	1.00	Director	$0	$0	$0
SHANNON SCHULTZ	DIRECTOR	1.00	Director	$0	$0	$0
MARGARET OTTENAD	DIRECTOR	1.00	Director	$0	$0	$0
TASHA SAECKER	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER FOLLETT	DIRECTOR	1.00	Director	$0	$0	$0
BRENNA WESTON	DIRECTOR	1.00	Director	$0	$0	$0
FRANK VIOLETTE FOSS	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE BYHOLM	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW PRELLWITZ	DIRECTOR	1.00	Director	$0	$0	$0
JILL ROTH	DIRECTOR	1.00	Director	$0	$0	$0
STEVE PLATTETER	TREASURER (THRU FEB)	1.00	Officer Director	$0	$0	$0
JENNIFER CHAMBERLAIN	EXECUTIVE DIRECTOR	40.00	Officer	$106,894	$0	$106,894
THOMAS KLEMENT	CHIEF FINANCIAL OFFICER	15.00	Officer	$56,160	$0	$56,160

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$12,582,429	$13,249,617	$3,359,815	$-667,188
2024	$12,219,014	$11,760,809	$4,129,029	$458,205
2023	$11,109,257	$11,264,567	$3,338,713	$-155,310
2022	$11,714,984	$11,648,642	$3,692,310	$66,342
2021	$10,812,527	$11,151,497	$3,399,343	$-338,970
2020	$9,622,100	$9,541,324	$3,700,604	$80,776
2019	$10,068,791	$10,026,467	$3,552,117	$42,324
2018	$9,923,168	$9,913,422	$3,641,339	$9,746