THE VARSITY COLLECTIVE CHARITABLE FUND INC

EIN: 882810939 501(c)(3) Philanthropy & Grantmaking

MADISON, WI

Total Revenue
$7,576,508
Total Expenses
$6,086,163
Total Assets
$4,539,567
Net Assets
$4,078,337
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
WI
Principal Officer
PAUL WRYCHA
Phone
6082584314
Tax Period
2024-07-01 to 2025-06-30

THE VARSITY COLLECTIVE CHARITABLE FUND INC, founded in 2022, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $7.6M in total revenue in fiscal year 2024. Revenue surged 77% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 20% operating margin.

Mission

OUR FUND EXISTS TO ADVANCE THE EFFORTS AND ACTIVITIES OF CHARITABLE AND EDUCATIONAL ORGANIZATIONS IN WISCONSIN AND TO SUPPORT INTERCOLLEGIATE ATHLETES AT THE UNIVERSITY OF WISCONSIN-MADISON. BY WORKING WITH STUDENT ATHLETES, WE WILL PROVIDE WISCONSIN TAX-EXEMPT ORGANIZATIONS WITH ACCESS AND SUPPORT OF INTERCOLLEGIATE ATHLETES AND THE NAMES, IMAGES, AND LIKENESSES OF INTERCOLLEGIATE ATHLETES. THROUGH COMMUNICATION, SPEAKING, EVENTS AND COMMUNITY RELATIONS, WE WILL INCREASE THE VISIBILITY AND REACH OF OTHER CHARITIES AND ATTRACT DONORS AND VOLUNTEERS TO FURTHER THEIR CHARITABLE PURPOSES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $7,539,431
Program Service Revenue $0
Investment Income $37,077
Other Revenue $0
TOTAL REVENUE $7,576,508

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $22,000
Program Expenses $5,714,771
Other Expenses $6,086,163
TOTAL EXPENSES $6,086,163

Year-over-Year Comparison

2024 2023 Change
Revenue $7,576,508 $4,283,284 +0.8%
Expenses $6,086,163 $2,225,771 +1.7%
Net Income $1,490,345 $2,057,513 -0.3%
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

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
5
Independent Members
5
Employees
N/A
Volunteers
6

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
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROB MASTER DIRECTOR 20.00
Director
$0 $0 $0
PAUL WRYCHA PRESIDENT/SECRETARY 1.00
Officer Director
$0 $0 $0
FRED GOETZKE DIRECTOR 1.00
Director
$0 $0 $0
TED KELLNER DIRECTOR 1.00
Director
$0 $0 $0
ROBERT ADAMOV DIRECTOR 1.00
Director
$0 $0 $0
MARK WILSON TREASURER 12.00
Officer
$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 $7,576,508 $6,086,163 $4,539,567 $1,490,345
2024 $4,283,284 $2,225,771 $2,792,913 $2,057,513
2023 $3,479,554 $2,949,075 $805,565 $530,479
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