Wisconsin Procurement Institute Education & Training Services Inc

EIN: 391868589 501(c)(3) Education

Wauwatosa, WI

Total Revenue
$1,404,477
Total Expenses
$1,345,085
Total Assets
$367,003
Net Assets
$316,337
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
WI
Principal Officer
Aina Vilumsons
Phone
4142703600
Tax Period
2023-07-01 to 2024-06-30

Wisconsin Procurement Institute Education & Training Services Inc, founded in 1987, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $1.3M left a modest 4% surplus.

Mission

Educate Wisconsin businesses on Federal and State of Wisconsin procurement procedures.

Program Service Accomplishments

Program 1
Expenses: $1,184,108

Seminars, workshops, and individual assistance to help Wisconsin businesses qualify and apply for government procurement contracts.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,404,477
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,404,477

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,034,452
Fundraising Expenses $0
Program Expenses $1,184,108
Other Expenses $310,633
TOTAL EXPENSES $1,345,085

Year-over-Year Comparison

2023 2022 Change
Revenue $1,404,477 $1,192,320 +0.2%
Expenses $1,345,085 $1,166,621 +0.2%
Net Income $59,392 $25,699 +1.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
13
Employees
16
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
5
$161,743
Total Directors
15
$0
Key Employees
1
$161,743
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Aina Vilumsons President 040.00
Officer Key Emp
$161,743 $0 $161,743
Sean Ketter Chairman 002.00
Officer Director
$0 $0 $0
David Zvenyach Vice Chairman 001.00
Officer Director
$0 $0 $0
Jean Marie Thiel Secretary 001.00
Officer Director
$0 $0 $0
Todd Bentley Treasury 001.00
Officer Director
$0 $0 $0
Baly Ambegaoker Director 001.00
Director
$0 $0 $0
Michael Ward Director 001.00
Director
$0 $0 $0
James Schutt Director 001.00
Director
$0 $0 $0
Barb LaMue Director 001.00
Director
$0 $0 $0
Nathaniel Millsap Director 001.00
Director
$0 $0 $0
Paul Darley Director 001.00
Director
$0 $0 $0
Brian Waagner Director 001.00
Director
$0 $0 $0
Jim Segelstrom Director 001.00
Director
$0 $0 $0
Sara Redford Director 001.00
Director
$0 $0 $0
Seyoum Mengesha Director 001.00
Director
$0 $0 $0
John Myer Director 001.00
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 No data No data No data No data
2024 $1,404,477 $1,345,085 $367,003 $59,392
2023 $1,192,320 $1,166,621 $299,147 $25,699
2022 $1,142,678 $1,015,464 $271,168 $127,214
2021 $1,023,255 $999,034 $154,639 $24,221
2020 $1,120,279 $1,080,332 $106,417 $39,947
2019 $1,059,011 $1,047,383 $203,248 $11,628
2018 $927,190 $896,627 $165,739 $30,563
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