WISCONSIN SCHOOL BUS ASSOCIATION INC (EIN 391204976) - Form 990 Financial Analysis & Trantor Score

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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

1948

Legal Domicile

Principal Officer

Cherie Him

Phone

6085145470

Tax Period

2024-05-01 to 2025-04-30

WISCONSIN SCHOOL BUS ASSOCIATION INC, founded in 1948, is a small nonprofit that reported $227K in total revenue in fiscal year 2024. Expenses of $199K left a modest 12% surplus.

Mission

THE WISCONSIN SCHOOL BUS ASSOCIATION WAS FORMED TO PROTECT AND PROMOTE THE HIGHEST STANDARDS OF TRANSPORTATION SAFETY FOR WISCONSIN'S CHILDREN.

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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 $109,809

Program Service Revenue $113,567

Investment Income $2,504

Other Revenue $1,440

TOTAL REVENUE $227,320

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $53,690

Other Expenses $199,476

TOTAL EXPENSES $199,476

Year-over-Year Comparison

	2024	2023	Change
Revenue	$227,320	$223,370	+0.0%
Expenses	$199,476	$204,632	0.0%
Net Income	$27,844	$18,738	+0.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREG HERFINDAHL	IMMEDIATE PAST PRESIDENT	1	Officer Director	$0	$0	$0
WENDY BAST	PRESIDENT	1	Officer Director	$0	$0	$0
DERRICK BOXRUCKER	FIRST VICE-PRESIDENT	1	Officer Director	$0	$0	$0
JEFF KASSNER	TREASURER	1	Officer Director	$0	$0	$0
JIM FEY	SECRETARY	1	Officer Director	$0	$0	$0
STEVE ROEKLE	DIRECTOR	1	Director	$0	$0	$0
CHRIS ARNETT	DIRECTOR	1	Director	$0	$0	$0
GERRY SONNABEND	DIRECTOR	0	Director	$0	$0	$0
TOM WESTLUND	DIRECTOR	1	Director	$0	$0	$0
DAN KOBUSSEN	DIRECTOR	1	Director	$0	$0	$0
JEFF BOWEN	DIRECTOR	1	Director	$0	$0	$0
JOHN KRETT	SECOND VICE-PRESIDENT	1	Officer Director	$0	$0	$0
PATRICK WILSON	DIRECTOR	1	Director	$0	$0	$0
COLLIN MCCORMICK	DIRECTOR	1	Director	$0	$0	$0
MARK RANNOW	DIRECTOR	1	Director	$0	$0	$0
SCOTT ZUCCHI	DIRECTOR	1	Director	$0	$0	$0
JOE FAESSLER	DIRECTOR	1	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	$227,320	$199,476	$453,039	$27,844
2024	$223,370	$204,632	$420,225	$18,738

WISCONSIN SCHOOL BUS ASSOCIATION INC