Philanthropy & Grantmaking
(T70)
IRS Verified
DX Registered
990 on File
WISCONSIN REGIONAL TRAINING PARTNERSHIP INC
Financial strength (30%)
72/100
Reliability (20%)
55/100
Effectiveness (25%)
100/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The mission of WRTP/BIG STEP is to enhance the ability of private sector organizations to recruit and develop a more diverse qualified workforce in construction, manufacturing and related sectors of the regional economy. Our approach can be summarized as, “Industry Led, Community Focused, Worker Centered.”
Financial Overview — FY 2024
$4.1M
Total Revenue
$4.3M
Total Expenses
$4.8M
Net Assets
50
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
92.5%
Fundraising Efficiency
0.0%
Operating Reserve
13.35x
Liability-to-Asset
46.4%
Revenue Diversification
95.6%
Executive Compensation
$292K
Compared with Peers
FY 2024
Compared with 5,337 similar organizations
(United States, Philanthropy & Grantmaking, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
92.5% | 90.9% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
7.5% | 8.3% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 2.1% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 148.1% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
13.4 mo | 80.9 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
46.4% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
95.6% | 89.7% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-34.5% | 21.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
2.3% | 9.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-5.3% | 2.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $4.1M | $4.3M | $4.8M | 92.5% | 50 |
| 2023 | $6.2M | $4.2M | $5.0M | 76.5% | 50 |
| 2022 | $3.6M | $3.9M | $3.0M | 63.2% | 52 |
| 2021 | $7.1M | $6.7M | N/A | — | 50 |
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