WISCONSIN TECHNOLOGY INNOVATION INITIATIVE INC

EIN: 455205182 501(c)(3)

MIDDLETON, WI

Total Revenue
N/A
Total Expenses
$8,535
Total Assets
$640,559
Net Assets
$639,982
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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
2012
Legal Domicile
WI
Principal Officer
RICHARD L MOSS
Phone
6082196425
Tax Period
2018-07-01 to 2019-06-30

Mission

SUPPORT, PROMOTE, AND FACILITATE PARTNERSHIPS WITH AND PROVIDE FUNDING FOR INNOVATIVE EARLY-STAGE AND STARTUP COMPANIES TO LESSEN THE BURDENS OF GOVERNMENT BY PROMOTING ECONOMIC DEVELOPMENT AND CREATING SUSTAINING JOBS IN WISCONSIN.

Program Service Accomplishments

Program 1
Expenses: $1,578 Revenue: $0

THE WISCONSIN INNOVATION INITIATIVE (WI2) SUPPORTS THE MISSION OF THE UNIVERSITY OF WISCONSIN-MADISON SCHOOL OF MEDICINE AND PUBLIC HEALTH (SMPH) BY DEVELOPING INNOVATIVE THERAPEUTICS TO IMPROVE...

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THE WISCONSIN INNOVATION INITIATIVE (WI2) SUPPORTS THE MISSION OF THE UNIVERSITY OF WISCONSIN-MADISON SCHOOL OF MEDICINE AND PUBLIC HEALTH (SMPH) BY DEVELOPING INNOVATIVE THERAPEUTICS TO IMPROVE HUMAN AND ANIMAL HEALTH BY ALLEVIATING THE EFFECTS OF DISEASE. IT ENHANCES THE ABILITY OF THE UNIVERSITY OF WISCONSIN TO EDUCATE STUDENTS IN THE PROCESS OF MEDICAL PRODUCT DEVELOPMENT, PROVIDES INCREASED OPPORTUNITIES FOR OUTREACH BY FACULTY AND STAFF OF SMPH TO USE THEIR SKILLS IN THE PRODUCT DEVELOPMENT PROCESS, AND SUPPORTS THE TRANSITION INTO THE MARKETPLACE OF USEFUL TECHNOLOGY DEVELOPED AT THE UNIVERSITY OF WISCONSIN AND OTHER RESEARCH INSTITUTIONS.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,578
Other Expenses $8,535
TOTAL EXPENSES $8,535

Year-over-Year Comparison

2018 2017 Change
Revenue N/A $50,000 -1.0%
Expenses $8,535 $254,028 -1.0%
Net Income N/A $-204,028 N/A
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
2
Independent Members
2
Employees
N/A
Volunteers
2

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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD L MOSS CHIEF SCIENTIFIC OFFICER 20.00
Officer Director
$0 $0 $0
LES TURSKI CHIEF MEDICAL OFFICER 20.00
Officer 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
2019 No data $8,535 $640,559 No data
2018 $50,000 $254,028 $651,542 $-204,028
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