Wisconsin Society Of Land Surveyors Foundation Inc
- Assets
- $532.4k
- Revenue
- $45.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Richland Center, WI
- Founding
- 06/1994
- Data as of
- 12/2019
- EIN
- 39-1761516
Organization Overview
Wisconsin Society Of Land Surveyors Foundation Inc is located in Richland Center, WI. The organization was established in 1994. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wisconsin Society Of Land Surveyors Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2019, Wisconsin Society Of Land Surveyors Foundation Inc generated $45.7k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $55.7k during the year ending 12/2019. While expenses have increased by 13.3% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
AWARDING SCHOLARSHIPS FOR STUDENTS INTERESTED IN LAND SURVEYING AND MAINTAINING AN HISTORICAL MUSEAUM FEATURING LAND SURVEYORS INSTRUMENTS. TO RAISE STUDENT AWARENESS TO LAND SURVEYING AS A POTENTIAL OCCUPATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS GRANTED TO SEVERAL INDIVIDUALS ASPIRING TO BE LAND SURVEYORS. PROGRAM EXPECTS, IN THE FUTURE, TO INCREASE THE SIZE OF THE SCHOLARSHIPS. SCHOLARSHIPS HAVE BEEN INCREASING SINCE THE INCEPTION. SEC 170(C)
REVENUES WERE MOSTLY GENERATED BY RAFFLES AND INVESTMENT INCOME. PROCEEDS WERE USED TO ADD ITEMS TO THE MUSEUM EXHIBITS AND TO INSURE THEM AGAINST LOSS, AS WELL AS PAY RENT FOR THE MUSEUM SPACE. WSLSF SPONSORED STUDENT MATH AND WRITING CONTESTS TO BRING STUDENT AWARENESS TO LAND SURVEYING AS A POTENTIAL OCCUPATION. ARTIFACTS ARE DISPLAYED AT VARIOUS PROGRAMS, EDUCATIONAL FACILITIES VIA BOOTH ENTRY WITH NO PERMANENT HOME. WHEN NOT BEING DISPLAYED SOMEWHERE, THEY ARE STORED IN A RENTED STORAGE SPACE. SECTION 170 (C)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Chrouser President | OfficerTrustee | 2 | $0 |
John P Caucci Vice President | OfficerTrustee | 1 | $0 |
Bob Beilfuss Secretary | OfficerTrustee | 1 | $0 |
Sean M Walsh Treasurer | OfficerTrustee | 3 | $0 |
James Wallen Director | Trustee | 0 | $0 |
Burt J Naumann Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,725 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $45,725 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $289 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,728 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,234 |
| All other expenses | $0 |
| Total functional expenses | $55,689 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,637 |
| Savings and temporary cash investments | $40,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $467,809 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $532,446 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $532,446 |