Wfb Foundation Supporting Organization Inc
- Assets
- $1.2m
- Revenue
- $31.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, WI
- Founding
- 04/2012
- Data as of
- 09/2023
- EIN
- 45-4187565
Organization Overview
Wfb Foundation Supporting Organization Inc is located in Madison, WI. The organization was established in 2012. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., 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. Wfb Foundation Supporting Organization 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 09/2023, Wfb Foundation Supporting Organization Inc generated $31.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (20.9%) each year. All expenses for the organization totaled $70.8k during the year ending 09/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE SUPPORTING ORGANIZATION IS TO CONDUCT, OR SUPPORT, ACTIVITIES AND/OR RAISE FUNDS TO HELP CARRY OUT THE PURPOSES OF THE WISCONSIN FARM BUREAU FOUNDATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE YOUNG FARMERS COMMITTEE IS TO 1 PROMOTE THE UNDERSTANDING OF WISCONSIN AGRICULTURE AND ITS IMPORTANCE AMONG FARMERS UNDER THIRTY-FIVE YEARS OF AGE, 2 ENCOURAGE PARTICIPATION BY YOUNG FARMERS IN ACTIVITIES BENEFICIAL TO THE AGRICULTURAL COMMUNITY IN WISCONSIN AND PROMOTE LEADERSHIP DEVELOPMENT ACTIVITIES.
THE WFBF INSTITUTE IS A YEAR LONG LEADERSHIP TRAINING COURSE AT A GRADUATE LEVEL WHOSE MISSION IS TO PRODUCE STRONG AND EFFECTIVE LEADERS. THE TRAINING FOCUSES ON PERSONAL GROWTH AND DEVELOPMENT, PUBLIC SPEAKING, WORKING EFFECTIVELY WITH ALL FORMS OF MEDIA, CREATIVITY TRAINING, UNDERSTANDING THE ROLE AND FUNCTIONS OF WFBF, TRAINING ON WORKING WITH GOVERNMENT AT THE LOCAL, STATE, AND NATIONAL LEVELS, WORKING TO BRIDGE THE GENERATIONAL DIVIDE AMONG VOLUNTEERS, CONSIDERATION OF CURRENT NATIONAL AND INTERNATIONAL AGRICULTURAL ISSUES, AND COMPLETION OF A PERSONAL DEVELOPMENT LEADERSHIP PLAN.
UW COLLEGIATE FB
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Krentz Officer | OfficerTrustee | 0.02 | $0 |
Steve Mason Officer | Officer | 0.02 | $0 |
Kim Pokorny Former Officer | 0.02 | $0 | |
Dave Daniels Officer | OfficerTrustee | 0.02 | $0 |
Joseph Bragger Director | Trustee | 0.02 | $0 |
Ryan Klussendorf Director | Trustee | 0.02 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $18,051 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $13,447 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $31,498 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 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 | $4,900 |
| 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 | $140 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| All other expenses | $676 |
| Total functional expenses | $70,842 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,200 |
| Savings and temporary cash investments | $0 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,214,243 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $349 |
| Total assets | $1,227,792 |
| Accounts payable and accrued expenses | $4,979 |
| 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 | $4,979 |
| Net assets without donor restrictions | $1,013,878 |
| Net assets with donor restrictions | $208,935 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,227,792 |