Powered by CharityEZ

Charity report ready

CFA SOCIETY OF MILWAUKEE INC

We found this organization. Review its mission, finances, leadership, and ways to help below.

Back to search results

This report opened in a new tab, so your results are still waiting for you.

Tax-exempt status may be revoked

CFA SOCIETY OF MILWAUKEE INC

EIN 23-7072850 · Education (B)

What they do

CFA SOCIETY of MILWAUKEE WAS FORMED AS A NOT-FOR-PROFIT BUSINESS LEAGUE to (A) ADVANCE EDUCATIONAL STANDARDS IN THE PROFESSIONAL PRACTICES of FINANCIAL ANALYSIS, INVESTMENT MANAGEMENT, SECURITIES ANALYSIS and OTHER SIMILAR PROFESSIONS, (B) INSTRUCT and TRAIN MEMBERS and THE GENERAL PUBLIC IN THE SOUND and TRUSTWORTHY PRINCIPLES, PRACTICES, and CONDUCT WITH REGARD to THE INVESTMENT DECISION-MAKING PROCESS, (C) CARRY ON, SPONSOR, AID, and ENCOURAGE RESEARCH, EDUCATION, and INFORMATION ACTIVITIES to FURTHER THESE PURPOSES, (D) PROMOTE GOOD RELATIONS BETWEEN THE GENERAL PUBLIC and PROFESSIONALS ENGAGED IN THE INVESTMENT DECISION-MAKING PROCESS, and (E) PROMOTE THE WELFARE of MEMBERS and OTHER ENGAGED PROFESSIONALLY IN THE INVESTMENT DECISION-MAKING PROCESS.

Before you give

Should I give to this charity?

Easy charity check
Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders12 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

43.97%of revenue went to mission work60.0% of expenses · Program services
$57.70spent for every $100 of revenueRevenue covered expenses this year.
$4.69in assets for every $1 spent this yearSome assets cannot be spent right away.
33.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$144,713
Mission workProgram services$63,62743.97% of revenue60.0% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$38,65626.71% of revenueShown in gray on the chart
Total expenses$106,05773.29% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2022CurrentExpense mix: 60.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 73.29% of revenue
2021Expense mix: 47.2% mission · 0.0% management · 0.0% fundraisingTotal expenses: 30.79% of revenue
2020Expense mix: 48.1% mission · 0.0% management · 0.0% fundraisingTotal expenses: 86.27% of revenue
2019Expense mix: 65.8% mission · 0.0% management · 0.0% fundraisingTotal expenses: 82.12% of revenue
2018Expense mix: 72.8% mission · 0.0% management · 0.0% fundraisingTotal expenses: 91.48% of revenue

Money in and money out

Revenue$178,873
Expenses$103,206
Annual surplus $75,667 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$63,627 · 61.7% of expenses
See all reported dollar amounts
Revenue$178,873
Expenses$103,206
Assets$483,752
Income$178,873
Contributions$59,001
Mission work (program services)$63,627
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (12)

AARON BENSONVICE PRESIDENT

ALICE AMBROWIAKPRESIDENT

COLLEEN COSTELLOVICE PRESIDENT - PROGRAMMING

DEREK DE GROOTBOARD MEMBER

JACOB BRAUNDBOARD MEMBER

JON HENSHUEBOARD MEMBER

KELSEY ELLSWORTHTREASURER/SECRETARY

KRISTIN HOLZHAUERBOARD MEMBER

NICK KUMMERBOARD MEMBER

RYAN HAMILTONBOARD MEMBER

RYAN KEANEBOARD MEMBER

TONY DESROCHERSBOARD MEMBER

About this charity

Recognized since
January 1970
Location
1702 ASHLAWN LN, WAUNAKEE, WI 53597-2333
County
Dane
In care of
% CK ACCOUNTING & TAX LLC
Primary officer
KELSEY ELLSWORTH, TREASURER

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990EZ
Tax preparer
SORREN INC
NTEE classification
Education (B)
IRS tax category
Education
Revocation date
November 15, 2010

Thanks for caring! Learning about a charity is a great first step toward giving back.

About this report: Information comes from public nonprofit records and may show the latest filing available.

Close & return to results
Want to go deeper?

Full charity research is waiting at CharityEZ

Explore complete charity searches, information, reports, and research tools.

For Full Charity Searches and Information — Try CharityEZ
Are you this charity?Keep your current needs updated free with CharityEZ.
Post your needs free