WATERTOWN AREA COMMUNITY FOUNDATION

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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

1991

Legal Domicile

Principal Officer

MIKE HOPPENRATH

Phone

9202850537

Tax Period

2024-07-01 to 2025-06-30

WATERTOWN AREA COMMUNITY FOUNDATION, founded in 1991, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.5M in total revenue in fiscal year 2024. Revenue fell 38% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.7M, a strong 68% operating margin.

Mission

TO PROVIDE FOR THE BETTERMENT OF WATERTOWN, WISCONSIN AND THE SURROUNDING AREA AND PROMOTE THE ENHANCEMENT OF THE QUALITY OF LIFE FOR ITS PEOPLE.

Program Service Accomplishments

Program 1

Expenses: $701,517

SCHOLARSHIP FUNDING AND COMMUNITY PROJECTS FOR THE PURPOSE OF HIGHER EDUCATION AND COMMUNITY IMPROVEMENT. FUNDING IS AWARDED BASED ON MERIT AND NEED.

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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 $1,294,802

Program Service Revenue $0

Investment Income $1,245,354

Other Revenue $0

TOTAL REVENUE $2,540,156

Expense Breakdown

Grants Paid $701,517

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $701,517

Other Expenses $119,731

TOTAL EXPENSES $821,248

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,540,156	$4,112,069	-0.4%
Expenses	$821,248	$726,849	+0.1%
Net Income	$1,718,908	$3,385,220	-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
TOM SCHULTZ	PRESIDENT	5.00	Officer Director	$0	$0	$0
BILL OSWALD	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
MIKE HOPPENRATH	TREASURER	5.00	Officer Director	$0	$0	$0
SUE RHODES	SECRETARY	5.00	Officer Director	$0	$0	$0
SUSANNE BRADOW	DIRECTOR	2.00	Director	$0	$0	$0
SANDRA BUDEWITZ	DIRECTOR	2.00	Director	$0	$0	$0
AMY BUCHHOLTZ	DIRECTOR	2.00	Director	$0	$0	$0
KEVIN CLIFFORD	DIRECTOR	2.00	Director	$0	$0	$0
DEB FISCHER	DIRECTOR	2.00	Director	$0	$0	$0
TOM LEVI	DIRECTOR	2.00	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
2025	$2,540,156	$821,248	$16,034,101	$1,718,908
2024	No data	No data	No data	No data
2023	$1,934,030	$569,063	$13,818,056	$1,364,967
2022	$2,099,270	$887,423	$12,542,679	$1,211,847
2021	$3,519,150	$2,477,463	$13,232,298	$1,041,687
2020	$5,964,989	$2,893,787	$10,486,564	$3,071,202