KELAB INC (EIN 396053723) - 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

1958

Legal Domicile

Principal Officer

STEVEN F SKOLASKI

Phone

6082741916

Tax Period

2024-01-01 to 2024-12-31

KELAB INC, founded in 1958, is a community nonprofit in the Education sector that reported $2.6M in total revenue in fiscal year 2024. Revenue surged 172% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 58% operating margin.

Mission

TO MAKE DISTRIBUTIONS TO THE BOARD OF REGENTS OF THE UNIVERSITY OF WISCONSIN SYSTEM FOR THE SOLE BENEFIT OF THE UNIVERSITY OF WISCONSIN- MADISON.

🔒

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 $0

Program Service Revenue $0

Investment Income $2,608,046

Other Revenue $139

TOTAL REVENUE $2,608,185

Expense Breakdown

Grants Paid $1,000,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,000,000

Other Expenses $92,706

TOTAL EXPENSES $1,092,706

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,608,185	$960,095	+1.7%
Expenses	$1,092,706	$1,089,797	+0.0%
Net Income	$1,515,479	$-129,702	-12.7%

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
DOUGLAS S NELSON	VICE PRESIDE	0.10	Officer Director	$0	$0	$0
DAVID R OHLINGER	TREASURER	0.10	Officer Director	$0	$0	$0
DALE H PETERSON	SECRETARY	0.10	Officer Director	$0	$0	$0
STEVEN F SKOLASKI	PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVID G WALSH	DIRECTOR	0.10	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	$2,608,185	$1,092,706	$20,717,953	$1,515,479
2023	$960,095	$1,089,797	$18,845,297	$-129,702
2022	$1,123,240	$1,092,529	$16,524,367	$30,711
2021	$1,904,654	$1,346,399	$21,207,951	$558,255
2020	$868,208	$1,343,123	$18,903,751	$-474,915
2019	$1,660,958	$1,077,959	$17,384,562	$582,999
2018	$1,086,699	$829,037	$14,972,871	$257,662

KELAB INC