Form 990 for tax year 2025

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $100,000

• 1e · Government grants (contributions)

  $14,250

• 1f · All other contributions, gifts and grants

  $1,270,166

• 1g · Noncash contributions included above

  $401,292

• 3 · Investment income

  total $422,237 · excluded $422,237

• 7a · Gross sales of assets other than inventory

  securities $638,401

• 7b · Less cost or other basis and sales expenses

  securities $636,097

• 7c · Gain or loss

  securities $2,304

• 7d · Net gain or loss

  total $2,304 · excluded $2,304

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $14,250 · program services $14,250

• 2 · Grants to domestic individuals

  total $752,067 · program services $752,067

• 11a · Fees: management

  total $320,586 · program services $230,660 · management and general $40,004 · fundraising $49,922

• 11c · Fees: accounting

  total $7,587 · management and general $7,587

• 11f · Fees: investment management

  total $29,043 · management and general $29,043

• 11g · Fees: other

  total $4,558 · program services $3,755 · management and general $803

• 12 · Advertising and promotion

  total $3,963 · program services $993 · management and general $2,077 · fundraising $893

• 13 · Office expenses

  total $4,966 · program services $1,617 · management and general $3,154 · fundraising $195

• 14 · Information technology

  total $6,395 · program services $1,182 · management and general $1,690 · fundraising $3,523

• 17 · Travel

  total $10,571 · program services $9,272 · management and general $1,098 · fundraising $201

• 19 · Conferences, conventions and meetings

  total $2,105 · management and general $2,105

• 22 · Depreciation, depletion and amortization

  total $110 · program services $80 · management and general $16 · fundraising $14

• 23 · Insurance

  total $1,693 · program services $1,237 · management and general $249 · fundraising $207

• 24a · Other expenses: PROGRAM SUPPORT

  total $53,414 · program services $53,414

• 24b · Other expenses: BAD DEBT EXPENSE

  total $6,050 · management and general $6,050

• 24c · Other expenses: DUES AND SUBSCRIPTIONS

  total $659 · program services $180 · management and general $479

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $65,520 · end of year $50,712

• 2 · Savings and temporary cash investments

  beginning of year $476,872 · end of year $323,319

• 3 · Pledges and grants receivable

  beginning of year $383,870 · end of year $357,320

• 4 · Accounts receivable

  beginning of year $143 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,636 · end of year $753

• 10a · Land, buildings and equipment: cost or other basis

  $550

• 10b · Land, buildings and equipment: accumulated depreciation

  $385

• 10c · Land, buildings and equipment, net

  beginning of year $275 · end of year $165

• 11 · Investments: publicly traded securities

  beginning of year $7,783,695 · end of year $8,615,239

• 12 · Investments: other securities

  beginning of year $42,707 · end of year $532,029

• 17 · Accounts payable and accrued expenses

  beginning of year $13,529 · end of year $15,555

• 18 · Grants payable

  beginning of year $109,500 · end of year $100,000

• 27 · Net assets without donor restrictions

  beginning of year $5,290,739 · end of year $6,384,872

• 28 · Net assets with donor restrictions

  beginning of year $3,340,950 · end of year $3,379,110

The filer's explanations (Part III)

PART I, LINE 3

WHEN THE CURRENT PRESIDENT WAS HIRED IN 2008, WISCONSIN AUTOMOBILE AND TRUCK DEALERS ASSOCIATION, INC., A RELATED ORGANIZATION, UTILIZED A TASK FORCE CONSISTING OF WATDA MEMBERS AND HIRED A SEARCH FIRM TO IDENTIFY AND SELECT A CANDIDATE. A MULTI-YEAR CONTRACT WAS THEN NEGOTIATED BETWEEN THE CANDIDATE AND WATDA.