PLATTEVILLE BUSINESS INCUBATOR INC

EIN: 391944653 501(c)(3) Community Improvement

PLATTEVILLE, WI

Total Revenue
$236,257
Total Expenses
$234,540
Total Assets
$1,087,391
Net Assets
$603,513
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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
1998
Legal Domicile
WI
Principal Officer
NICK FELDER
Phone
6088889588
Tax Period
2023-01-01 to 2023-12-31

PLATTEVILLE BUSINESS INCUBATOR INC, founded in 1998, is a small nonprofit in the Community Improvement sector that reported $236K in total revenue in fiscal year 2023. Net assets of $604K represent 31 months of operating reserves.

Mission

THE PLATTEVILLE BUSINESS INCUBATOR, INC. GROWS THE PLATTEVILLE ECONOMY BY INVESTING IN SMALL BUSINESSES OR VENTURES WITH HIGH GROWTH POTENTIAL.

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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 $61,764
Program Service Revenue $172,046
Investment Income $2,447
Other Revenue $0
TOTAL REVENUE $236,257

Expense Breakdown

Grants Paid $0
Salaries & Benefits $18,311
Fundraising Expenses $0
Program Expenses $187,564
Other Expenses $216,229
TOTAL EXPENSES $234,540

Year-over-Year Comparison

2023 2022 Change
Revenue $236,257 $227,752 +0.0%
Expenses $234,540 $223,575 +0.0%
Net Income $1,717 $4,177 -0.6%
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
11
Independent Members
11
Employees
1
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
4
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER SCHWEIGERT DIRECTOR 0.50
Director
$0 $0 $0
SCOTT CHYKO DIRECTOR 0.50
Director
$0 $0 $0
PARTH PARTEL DIRECTOR 0.50
Director
$0 $0 $0
RON BRISBOIS SECRETARY/TREASURER 0.50
Officer Director
$0 $0 $0
JEFF STANGE DIRECTOR 0.50
Director
$0 $0 $0
NICHOLAS FELDER PRESIDENT 1.00
Officer Director
$0 $0 $0
JACOB CRASE DIRECTOR 0.50
Director
$0 $0 $0
KATE KOZIOL EXECUTIVE DIRECTOR 2.00
Officer Director
$0 $0 $0
JODI PROSISE VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
DEREK DACHELET DIRECTOR 0.50
Director
$0 $0 $0
BRITNEY KOWALSKI DIRECTOR 0.50
Director
$0 $0 $0
BRAD BROGLEY DIRECTOR 0.50
Director
$0 $0 $0
CLINTON LANGRECK DIRECTOR 0.50
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 No data No data No data No data
2023 $236,257 $234,540 $1,087,391 $1,717
2022 $227,752 $223,575 $1,097,699 $4,177
2021 $270,851 $222,536 $1,093,358 $48,315
2020 $123,289 $179,388 $647,500 $-56,099
2019 $178,157 $185,915 $724,068 $-7,758
2018 $213,236 $238,537 $754,594 $-25,301
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