WISCONSIN FIREWORKS ASSOCIATION

EIN: 391567503

BELOIT, WI

Total Revenue
$18,100
Total Expenses
$19,085
Total Assets
$12,909
Net Assets
$12,909
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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
1994
Legal Domicile
WI
Principal Officer
CHRISTOPHER CORNELLIER
Phone
6083653999
Tax Period
2025-01-01 to 2025-12-31

WISCONSIN FIREWORKS ASSOCIATION, founded in 1994, is a micro nonprofit that reported $18K in total revenue in fiscal year 2025. Revenue fell 20% from the prior year — a significant decline worth monitoring.

Mission

TO HAVE A LOBBYIST TO OVERSEE STATE LEGISLATORS WITH REGARD TO OUR FIREWORKS INDUSTRY.

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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 $18,100
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $18,100

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $19,085
Other Expenses $19,085
TOTAL EXPENSES $19,085

Year-over-Year Comparison

2025 2024 Change
Revenue $18,100 $22,700 -0.2%
Expenses $19,085 $18,047 +0.1%
Net Income $-985 $4,653 -1.2%
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

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Governance

Voting Members
1
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER CORNELLIER PRESIDENT 0
Officer
$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 $18,100 $19,085 $12,909 $-985
2024 $22,700 $18,047 $13,894 $4,653
2023 $13,700 $19,060 $9,241 $-5,360
2022 $19,600 $18,000 $14,601 $1,600
2021 $24,115 $21,733 $13,001 $2,382
2020 $19,600 $17,774 $10,604 $1,826
2019 $21,100 $23,817 $8,778 $-2,717
2018 $21,100 $20,767 $11,495 $333
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