LAKE WAUBESA BIBLE CAMP INC

EIN: 391055470 501(c)(3)

MC FARLAND, WI

Total Revenue
$441,582
Total Expenses
$388,025
Total Assets
$739,722
Net Assets
$739,722
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
WI
Principal Officer
Ron Kregness
Phone
6088383335
Tax Period
2025-01-01 to 2025-12-31

LAKE WAUBESA BIBLE CAMP INC, founded in 1966, is a small nonprofit that reported $442K in total revenue in fiscal year 2025. Expenses of $388K left a modest 12% surplus.

Mission

TO UTILIZE THE UNIQUE OPPORTUNITIES A CAMP SETTING PROVIDES, LAKE WAUBESA BIBLE CAMP SEEKS TO GLORIFY GOD THROUGH SUMMER CAMPS, DAY CAMPS, AND YEAR-ROUND RETREATS BY COMMUNICATING THE GOSPEL AND LOVE OF CHRIST IN INDIVIDUAL AND FAMILY RELATIONSHIPS, EQUIPPING THEM FOR ACTIVE AND TIMELY SERVICE FOR GOD.

Program Service Accomplishments

Program 1
Expenses: $388,025 Revenue: $388,025

SUMMER OVERNIGHT CAMPS AND DAY CAMPS, RETREATS AND CONFERENCES

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $191,736
Program Service Revenue $247,072
Investment Income $2,774
Other Revenue $0
TOTAL REVENUE $441,582

Expense Breakdown

Grants Paid $0
Salaries & Benefits $186,243
Fundraising Expenses $0
Program Expenses $388,025
Other Expenses $201,782
TOTAL EXPENSES $388,025

Year-over-Year Comparison

2025 2024 Change
Revenue $441,582 $463,338 0.0%
Expenses $388,025 $461,231 -0.2%
Net Income $53,557 $2,107 +24.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
27
Volunteers
150

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
3
$0
Total Directors
8
$15,960
Key Employees
2
$15,960
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RONALD KREGNESS EXECUTIVE DIRECTOR 50
Director Key Emp Highest
$15,960 $0 $15,960
MARK WHITE BOARD VICE PRESIDENT 0.5
Director Key Emp
$0 $0 $0
DAVE SKORA BOARD TREASURER 0.5
Officer Director
$0 $0 $0
DAVID OLSON BOARD MEMBER 0.5
Director
$0 $0 $0
DON MILLIS BOARD MEMBER 0.5
Director
$0 $0 $0
JEAN COOPER BOARD MEMBER 0.5
Director
$0 $0 $0
MICHELLE BERG BOARD SECRETARY 0.5
Officer Director
$0 $0 $0
ERICA HENDRICKS BOARD PRESIDENT 0.5
Officer Director
$0 $0 $0
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 $441,582 $388,025 $739,722 $53,557
2024 $463,338 $461,231 $736,165 $2,107
2023 $400,164 $325,646 $884,058 $74,518
2022 $439,245 $337,351 $809,540 $101,894
2021 $318,264 $291,263 $707,646 $27,001
2020 $378,603 $326,249 $680,645 $52,354
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