Washington County Charitable Foundation INC FY2021 filing

Tax-deductible

West Bend, WI501(c)(3)Colleges & UniversitiesEIN 39-1248660Revenue $421K in FY2021

On file with the IRSwccf-wi.org320 S 5th Ave Ste 101, 53095-3333 · West Bend, WITax-exempt since Aug 1976Publicly supported charity — 170(b)(1)(A)(vi)

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To financially support the success of uwm-wc students and their educational community.

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $33K a year · 9% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
15 mo
of spending, in cash
Looks good: 14.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $214K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$255K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$421K
Spent
$288K
To programs
72%
Net assets
$4.1M
By yearFY2021–FY2025
Revenue
$421K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$421K
FY2022$350K
FY2023$215K
FY2024$101K
FY2025$748K
Expenses
$288K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$288K
FY2022$334K
FY2023$354K
FY2024$353K
FY2025$339K
Net assets
$4.1M
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$4.1M
FY2022$3.5M
FY2023$3.7M
FY2024$3.9M
FY2025$4.3M

From the FY2021 Form 990 (year ending June 2021) · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1976.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $208K Management & general 15% · $42K Fundraising 13% · $38K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

14 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Treasurer
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Joan Rudnitzki’s $84K as Executive Director is at the 75th percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022
Joan Rudnitzki$84,496$78,167$68,833$66,833

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides financial aid to students and their educational community.

Questions for Washington County Charitable Foundation INC

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Provided by the organization

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2 programs · $208K · in their own filed words · FY2020
01

Scholarships and academic awards were granted to 80 students and faculty members for post secondary education.

$193Kprogram expense
02

Educational betterment of the campus.

$14Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$214K
See all 3 funders →
Grants paid · 5 grants · $879K · 2020–2024
Unitemized GrantFY2024$156,489
Unitemized GrantFY2023$159,205
Unitemized GrantFY2022$206,782
Unitemized GrantFY2021$189,425
Unitemized GrantFY2020$166,781

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$421K
Ln 12
Investment incomeLn 3$248K
Gifts and grantsLn 1h$139K
Other incomeLn 4–11$34K
Money outPt IX
$288K
Ln 25
Programscol B$208K
Managementcol C$42K
Fundraisingcol D$38K
Owns and owesPt X
$4.1M
net assets · Ln 32
Cash and savingsLn 1–2$354K
Total assetsLn 16$4.4M
LiabilitiesLn 26$255K
PeoplePt VI, VII
14
listed · VII A
PaidVII A0
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$139K
Fundraising eventsLn 1c$2K
Investment incomeLn 3$248K
Other incomeLn 4–11$34K
Gains on assetsLn 7$121K
Total revenueLn 12$421K
Assets in detailPt X, end of year
CashLn 1$7K
SavingsLn 2$347K
Cash and savings togetherLn 1–2$354K
InvestmentsLn 11–13$4.0M
Total assetsLn 16$4.4M
LiabilitiesLn 26$255K
Net assetsLn 32$4.1M
OperationsPt I, VI
EmployeesI 51
VolunteersI 650
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$422K$354K
InvestmentsLn 11–13$3.2M$4.0M
Total assetsLn 16$3.7M$4.4M
LiabilitiesLn 26$266K$255K
Net assetsLn 32$3.5M$4.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$167K$167K
Other salaries and wagesLn 7$16K$12K$3K$815
Payroll taxesLn 10$1K$934$250$62
Management feesLn 11a$66K$23K$8K$36K
Accounting feesLn 11c$9K$9K
Office expensesLn 13$1K$235$1K
InsuranceLn 23$2K$657$1K$27
Other expenses (24a–d)Ln 24$25K$4K$19K$2K
All other expensesLn 24e$305$305
Total functional expensesLn 25$288K$208K$42K$38K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $748K$339K$409K$4.3M 990 PDF
FY2024 $101K$353K−$252K$3.9M 990 PDF
FY2023 $215K$354K−$139K$3.7M 990 PDF
FY2022 $350K$334K$16K$3.5M 990 PDF
FY2021 Viewing $421K$288K$134K$4.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $421,241 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $183,050$139,145
I-9 Program service revenuePrior year $4,884$0
I-10 Investment incomePrior year $170,646$247,662
I-11 Other revenuePrior year $4,017$34,434
I-12 Total revenuePrior year $362,597$421,241
I-13 Grants and similar amounts paidPrior year $193,763$166,781
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $16,761$17,536
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $106,449$103,331
I-18 Total expensesPrior year $316,973$287,648
I-19 Revenue less expensesPrior year $45,624$133,593
Part VI · Governance 14 of 14 board members independent, 1 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $421,241 across 8 lines filed
VIII-1c Fundraising events$2,000
VIII-1f All other contributions, gifts and grants$137,145
VIII-1h Total contributions, gifts and grants$139,145
VIII-3 Investment incomeExcluded from tax $126,761$126,761
VIII-7 Net gain or loss on sales of assetsExcluded from tax $120,901$120,901
VIII-8 Net income from fundraising eventsExcluded from tax $3,518$3,518
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $30,916$30,916
VIII-12 Total revenueExcluded from tax $282,096$421,241
Part IX · Statement of functional expenses $287,648 across 9 lines filed
IX-2 Grants to domestic individualsPrograms $166,781$166,781
IX-7 Other salaries and wagesPrograms $12,218 · Management $3,257 · Fundraising $815$16,290
IX-10 Payroll taxesPrograms $934 · Management $250 · Fundraising $62$1,246
IX-11a Management feesPrograms $22,740 · Management $7,568 · Fundraising $35,521$65,829
IX-11c Accounting feesManagement $9,030$9,030
IX-13 Office expensesPrograms $235 · Management $1,154$1,389
IX-23 InsurancePrograms $657 · Management $1,315 · Fundraising $27$1,999
IX-24 Other expenses (24a–d)Programs $3,828 · Management $19,302 · Fundraising $1,649$24,779
IX-24e All other expensesPrograms $305$305
IX-25 Total functional expensesPrograms $207,698 · Management $41,876 · Fundraising $38,074$287,648
Part X · Balance sheet $4,356,211 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $11,840$7,119
X-2 Savings and temporary cash investmentsStart of year $410,471$346,765
X-3 Pledges and grants receivableStart of year $47,412$48,750
X-11 Publicly traded securitiesStart of year $3,248,467$3,953,577
X-16 Total assetsStart of year $3,718,190$4,356,211
X-17 Accounts payable and accrued expensesStart of year $266,092$254,900
X-26 Total liabilitiesStart of year $266,092$254,900
X-27 Net assets without donor restrictionsStart of year $467,581$1,042,450
X-28 Net assets with donor restrictionsStart of year $2,984,517$3,058,861
X-32 Total net assets or fund balancesStart of year $3,452,098$4,101,311
X-33 Total liabilities and net assetsStart of year $3,718,190$4,356,211
Part XI · Reconciliation of net assets $4,101,311 net assets at year end
XI-1 Total revenue$421,241
XI-2 Total expenses$287,648
XI-3 Revenue less expenses$133,593
XI-4 Net assets at start of year$3,452,098
XI-5 Net unrealized gains (losses) on investments$515,620
XI-10 Net assets at end of year$4,101,311

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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