ENTREPRENEURIAL AND EDUCATION CENTER INC (EIN 391690825) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1987

Legal Domicile

Principal Officer

Robert Lange

Phone

7158482016

Tax Period

2024-01-01 to 2024-12-31

ENTREPRENEURIAL AND EDUCATION CENTER INC, founded in 1987, is a small nonprofit in the Community Improvement sector that reported $299K in total revenue in fiscal year 2024. Expenses of $341K exceeded revenue, resulting in a 14% operating deficit.

Mission

THE CENTER'S MISSION IS TO SERVE AS A BUSINESS INCUBATOR IN THE CITY OF WAUSAU TO FOSTER ENTREPRENEURIAL AND ECONOMIC DEVELOPMENT BY PROVIDING OFFICE AND LIGHT MANUFACTURING SPACE

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $38,618

Program Service Revenue $260,107

Investment Income $0

Other Revenue $0

TOTAL REVENUE $298,725

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $326,319

Other Expenses $341,069

TOTAL EXPENSES $341,069

Year-over-Year Comparison

	2024	2023	Change
Revenue	$298,725	$307,727	0.0%
Expenses	$341,069	$315,111	+0.1%
Net Income	$-42,344	$-7,384	+4.7%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robert Lange	President	1	Officer Director	$0	$0	$0
Steve Lipowski	Vice-President	1	Officer Director	$0	$0	$0
Jeff Zriny	Secretary/Treasurer	1	Officer Director	$0	$0	$0
Erik Thompson	Board Member	1	Director	$0	$0	$0
Jeannie Worden	Board Member	1	Director	$0	$0	$0
Tricia Zoromski	Board Member	1	Director	$0	$0	$0
Randy Fifrick	Board Member	1	Director	$0	$0	$0
Tom Grimm	Board Member	1	Director	$0	$0	$0
Jeff Plier	Board Member	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
2024	$298,725	$341,069	$2,510,162	$-42,344
2023	$307,727	$315,111	$2,557,249	$-7,384
2022	$225,010	$321,094	$2,556,967	$-96,084
2021	$180,548	$271,948	$2,634,329	$-91,400
2020	$184,719	$324,051	$2,724,547	$-139,332

ENTREPRENEURIAL AND EDUCATION CENTER INC