WISYS TECHNOLOGY FOUNDATION INC

EIN: 391992463 501(c)(3) Education

MADISON, WI

Total Revenue
$2,032,663
Total Expenses
$2,581,624
Total Assets
$3,805,998
Net Assets
$2,563,981
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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
2000
Legal Domicile
WI
Principal Officer
ARJUN SANGA
Phone
6083164037
Tax Period
2023-07-01 to 2024-06-30

WISYS TECHNOLOGY FOUNDATION INC, founded in 2000, is a community nonprofit in the Education sector that reported $2.0M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $2.6M exceeded revenue, resulting in a 27% operating deficit.

Mission

EMPOWERING UNIVERSITY OF WISCONSIN FACULTY, STAFF, STUDENTS, AND ALUMNI TO INNOVATE FOR IMPACT.

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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 $1,947,416
Program Service Revenue $157,940
Investment Income $-73,597
Other Revenue $904
TOTAL REVENUE $2,032,663

Expense Breakdown

Grants Paid $124,916
Salaries & Benefits $1,783,590
Fundraising Expenses $0
Program Expenses $1,835,819
Other Expenses $673,118
TOTAL EXPENSES $2,581,624

Year-over-Year Comparison

2023 2022 Change
Revenue $2,032,663 $1,837,439 +0.1%
Expenses $2,581,624 $2,082,223 +0.2%
Net Income $-548,961 $-244,784 +1.2%
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
12
Independent Members
11
Employees
31
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
$300,627
Total Directors
14
$300,627
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ARJUN SANGA PRESIDENT 40.00
Officer Director
$247,624 $53,003 $300,627
MICHAEL ALEXANDER TRUSTEE 1.00
Director
$0 $0 $0
JEFF BUHRANDT TRUSTEE 1.00
Director
$0 $0 $0
CAROL DAHL TRUSTEE 1.00
Director
$0 $0 $0
TIM DONOHUE TRUSTEE 1.00
Director
$0 $0 $0
DEBORAH FORD TRUSTEE (UNTIL 7/1/23) 1.00
Director
$0 $0 $0
KATHERINE FRANK TRUSTEE 1.00
Director
$0 $0 $0
JENNIFER GOTTWALD TRUSTEE 1.00
Director
$0 $0 $0
MELISSA SHERMAN TRUSTEE 1.00
Director
$0 $0 $0
TOM STILL TRUSTEE (UNTIL 7/1/23) 1.00
Director
$0 $0 $0
DAVID WARD TRUSTEE/CHAIR 1.00
Officer Director
$0 $0 $0
TOMAS STAFFORD TRUSTEE/VICE CHAIR 1.00
Officer Director
$0 $0 $0
ERIK IVERSON TRUSTEE/TREASURER 1.00
Officer Director
$0 $0 $0
DAVID BRUKARDT TRUSTEE/SECRETARY 1.00
Officer Director
$0 $0 $0
ADHIRA SUNKARA DIR. OF STRATEGY/INNOVATIVE VENTURES 40.00
Highest
$120,612 $39,722 $160,334
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 $2,032,663 $2,581,624 $3,805,998 $-548,961
2023 $1,837,439 $2,082,223 $3,843,590 $-244,784
2022 $2,073,604 $1,829,505 $3,945,065 $244,099
2021 $1,305,162 $2,053,232 $4,244,354 $-748,070
2020 $1,090,802 $1,993,882 $4,771,649 $-903,080
2019 $3,114,132 $1,880,701 $5,474,558 $1,233,431
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