WISCONSIN BROADCASTERS ASSOCIATION FOUNDATION INC (EIN 391651812) - 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

1989

Legal Domicile

Principal Officer

MICHELLE VETTERKIND

Phone

6082552600

Tax Period

2024-01-01 to 2024-12-31

WISCONSIN BROADCASTERS ASSOCIATION FOUNDATION INC, founded in 1989, is a small nonprofit in the Arts, Culture & Humanities sector that reported $328K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $154K, a strong 47% operating margin.

Mission

ENCOMPASSES A STRATEGIC, LONG-TERM VISION FOR ENHANCING, PROMOTING, AND SUPPORTING THE BROADCAST INDUSTRY BY ENCOURAGING THE PRESERVATION OF BROADCAST HISTORY, PARTICIPATING IN PUBLIC AFFAIRS ACTIVITIES IN WISCONSIN, AND PROVIDING EDUCATIONAL OPPORTUNITIES FOR PROFESSIONAL BROADCASTERS AND THOSE WHO SEEK FUTURE CAREERS IN THE BROADCAST 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $218,168

Program Service Revenue $66,515

Investment Income $43,791

Other Revenue $0

TOTAL REVENUE $328,474

Expense Breakdown

Grants Paid $13,000

Salaries & Benefits $0

Fundraising Expenses $19,970

Program Expenses $129,190

Other Expenses $161,152

TOTAL EXPENSES $174,152

Year-over-Year Comparison

	2024	2023	Change
Revenue	$328,474	$359,483	-0.1%
Expenses	$174,152	$128,401	+0.4%
Net Income	$154,322	$231,082	-0.3%

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

$252,920

Total Directors

$252,920

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELLE VETTERKIND	PRESIDENT AND CEO	1.00	Officer Director	$0	$21,960	$252,920
CHRIS BERNIER	CHAIR	2.00	Officer Director	$0	$0	$0
BRUCE GRASSMAN	VICE CHAIR	2.00	Officer Director	$0	$0	$0
KELLY RADANDT	SECRETARY	2.00	Officer Director	$0	$0	$0
TOM WALKER	TREASURER	2.00	Officer Director	$0	$0	$0
GREG BELL	DIRECTOR	1.00	Director	$0	$0	$0
LYNN BIERITZ	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT CHORSKI	DIRECTOR	1.00	Director	$0	$0	$0
ANNA ENGELHART	DIRECTOR	1.00	Director	$0	$0	$0
BILL HURWITZ	DIRECTOR	1.00	Director	$0	$0	$0
PERRY KIDDER	DIRECTOR	1.00	Director	$0	$0	$0
TOM KOSER	DIRECTOR	1.00	Director	$0	$0	$0
DEAN MAYTAG	DIRECTOR	1.00	Director	$0	$0	$0
DICK RECORD	DIRECTOR	1.00	Director	$0	$0	$0
DAVID SANKS	DIRECTOR	1.00	Director	$0	$0	$0
CHUCK STEINMETZ	DIRECTOR	1.00	Director	$0	$0	$0
ALEESE FIELDER	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS PALMER	DIRECTOR	1.00	Director	$0	$0	$0
JAN WADE	DIRECTOR (THRU JUNE 2024)	1.00	Director	$0	$0	$0
COLLEEN VALKOUN	DIRECTOR	1.00	Director	$0	$0	$0
JUDSON BECK	DIRECTOR	1.00	Director	$0	$0	$0
AL LANCASTER	DIRECTOR	1.00	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
2024	$328,474	$174,152	$1,985,713	$154,322
2023	$359,483	$128,401	$1,622,008	$231,082
2022	$348,130	$145,061	$1,268,230	$203,069
2021	$315,731	$69,349	$1,211,227	$246,382
2020	$95,661	$38,013	$725,590	$57,648
2019	$181,237	$205,464	$641,316	$-24,227
2018	$214,238	$295,145	$665,543	$-80,907

WISCONSIN BROADCASTERS ASSOCIATION FOUNDATION INC