Civic Intelligence

Madison Area Technical College Foundation Inc.

990 • Fiscal year 2015 • EIN 23-7265867

Jul 01, 2014 to Jun 30, 2015 • Filed on Apr 13, 2016

3591 Anderson Street No 203AMadison, WI 53704

(608) 246-6441

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

38th percentile

0.13x

Higher debt load relative to assets than 38% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

52nd percentile

0.27x

Higher debt load relative to revenue than 52% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

95th percentile

70%

Higher net margin than 95% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

50th percentile

$171,735

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

93rd percentile

40%

Faster asset growth than 93% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

97th percentile

204%

Faster revenue growth than 97% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Assets

Up

$17,850,399

Up $5,117,694 (+40%) from 2014

Net Assets

Up

$15,449,436

Up $5,712,182 (+59%) from 2014

Liabilities

Down

$2,400,963

Down $594,488 (-20%) from 2014

Revenue

Up

$9,011,712

Up $6,051,678 (+204%) from 2014

Expenses

Up

$2,701,451

Up $222,963 (+9.0%) from 2014

Net Income

Up

$6,310,261

Up $5,828,715 (+1210%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2010: $7,521,138Liabilities 2010: $618,151Net Assets 2010: $6,902,9872010Assets 2011: $8,185,698Liabilities 2011: $134,265Net Assets 2011: $8,051,4332011Assets 2012: $8,125,009Liabilities 2012: $35,610Net Assets 2012: $8,089,3992012Assets 2013: $11,898,154Liabilities 2013: $3,171,982Net Assets 2013: $8,726,1722013Assets 2014: $12,732,705Liabilities 2014: $2,995,451Net Assets 2014: $9,737,2542014Assets 2015: $17,850,399Liabilities 2015: $2,400,963Net Assets 2015: $15,449,4362015Assets 2016: $18,672,251Liabilities 2016: $2,172,636Net Assets 2016: $16,499,6152016Assets 2017: $18,627,864Liabilities 2017: $2,556,714Net Assets 2017: $16,071,1502017Assets 2018: $16,769,672Liabilities 2018: $1,792,916Net Assets 2018: $14,976,7562018Assets 2019: $16,518,142Liabilities 2019: $1,380,087Net Assets 2019: $15,138,0552019Assets 2020: $18,086,376Liabilities 2020: $1,244,855Net Assets 2020: $16,841,5212020Assets 2021: $21,012,715Liabilities 2021: $295,306Net Assets 2021: $20,717,4092021Assets 2022: $19,547,707Liabilities 2022: $60,747Net Assets 2022: $19,486,9602022Assets 2023: $23,630,068Liabilities 2023: $1,305,901Net Assets 2023: $22,324,1672023Assets 2024: $26,412,340Liabilities 2024: $1,363,613Net Assets 2024: $25,048,7272024

Highlighted filing

2015

Assets$17,850,399
Liabilities$2,400,963
Net Assets$15,449,436

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $2,004,6742010Expenses 2011: $1,805,4832011Expenses 2012: $1,643,3722012Expenses 2013: $1,991,0742013Revenue 2014: $2,960,034Expenses 2014: $2,478,488Net Income 2014: $481,5462014Revenue 2015: $9,011,712Expenses 2015: $2,701,451Net Income 2015: $6,310,2612015Revenue 2016: $4,125,804Expenses 2016: $3,236,408Net Income 2016: $889,3962016Revenue 2017: $4,584,110Expenses 2017: $5,736,521Net Income 2017: -$1,152,4112017Revenue 2018: $10,970,351Expenses 2018: $12,285,666Net Income 2018: -$1,315,3152018Revenue 2019: $6,005,321Expenses 2019: $6,434,457Net Income 2019: -$429,1362019Revenue 2020: $4,862,377Expenses 2020: $2,591,913Net Income 2020: $2,270,4642020Revenue 2021: $5,486,614Expenses 2021: $4,102,475Net Income 2021: $1,384,1392021Revenue 2022: $4,171,287Expenses 2022: $2,699,863Net Income 2022: $1,471,4242022Revenue 2023: $5,512,141Expenses 2023: $3,265,175Net Income 2023: $2,246,9662023Revenue 2024: $5,014,229Expenses 2024: $3,722,572Net Income 2024: $1,291,6572024

Highlighted filing

2015

Revenue$9,011,712
Expenses$2,701,451
Net Income$6,310,261
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Apr 13, 2016
Return Version
2014v6.0
Gross Receipts
$10,841,837
Mission and Program Overview

Mission

The mission of madison area technical college foundation is to enrich lives and strengthen our community through the acquisition of private funding in support of high quality open access education at madison college.

To support madison area technical college.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,113,882$6,681,930▼ $431,952
Pledges and Grants Receivable$125,425$4,343,538▲ $4,218,113
Land, Buildings, and Equipment, Net$4,109,473$4,043,624▼ $65,849
Savings and Temporary Cash Investments$271,336$1,218,339▲ $947,003
Investments Other Securities$820,749$920,037▲ $99,288
Cash and Non-Interest-Bearing Accounts$223,854$530,491▲ $306,637
Prepaid Expenses and Deferred Charges$9,890$35,946▲ $26,056
Other Notes and Loans Receivable, Net$466$160▼ $306
Total Assets$12,732,705$17,850,399▲ $5,117,694
Other Assets Total$57,630$76,334▲ $18,704
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,917,967$2,251,942▼ $666,025
Accounts Payable and Accrued Expenses$77,484$149,021▲ $71,537
Total Liabilities$2,995,451$2,400,963▼ $594,488
Net Assets / Fund Balance
Temporarily Rstr Net Assets$4,801,072$10,438,371▲ $5,637,299
Permanently Rstr Net Assets$3,709,503$3,951,681▲ $242,178
Unrestricted Net Assets$1,226,679$1,059,384▼ $167,295
Total Net Assets Fund Balance$9,737,254$15,449,436▲ $5,712,182
Total Liabilities and Net Assets / Fund Balance$12,732,705$17,850,399▲ $5,117,694

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,045,300$250,113$3,295,413
Land$962,219-$962,219
Equipment$36,105$7,913$44,018
Other Securities$161,441--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$5,569,666$279,957▲ $115,847-$5,762,142
2013$4,676,219$385,554▲ $737,004-$5,569,666
2012$4,502,909$127,688▲ $240,458-$4,676,219
2011$4,271,852$262,718▲ $129,003-$4,502,909
2010$3,113,237$474,172▲ $787,500-$4,374,909
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tammy ThayerChief Executive OfficerFT$149,454$22,281$171,735
Robert DinndorfExecutive Director PhilanthropyFT$105,769$4,462$110,231

Board Members and Trustees

NameTitle
Jim RiordanPresident
Bill BeisensteinDirector
Bob TercekDirector
David VillaDirector
Dianne RedstenDirector
Gordon DerzonDirector
Larry BartonDirector
Marshall MennengaDirector
Mary StricklandDirector
Pam DruhanDirector
Lisa WoerpelDirector (thru January)
Lau ChristensenDirector (thru October)
Susan LabelleDirector (thru October)
David J DeanTrustee (thru October)
Robin RobertsSecretary
Ashok BhargavaTreasurer
Janet Hartung RenfertTreasurer (thru July)
Revenue and Support

Revenue Composition

Contributions and Grants
$7,554,036
Program Service Revenue
$373,845
Investment Income
$875,077
Other Revenue
$208,754
All Other Contributions
$7,554,036
Change in Net Assets
$6,310,261

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$23,680Cost of Donated Prop
Other Non Cash Contri Table5$13,820Cost of Donated Prop
Other Non Cash Contri Table6$5,983Cost of Donated Prop
Cars and Other Vehicles3$5,622Sale of Comparable Prop
Total Noncash Contributions15$49,105-

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,011,712
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-673,641
Total Revenue per Audited Statements
$8,338,071
Total Revenue per Form 990
$9,011,712
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,239,244
Other Expenses$788,611
Salaries, Compensation, and Employee Benefits$673,596
Total Fundraising Expense$240,955
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,239,244--$1,239,244
Other Salaries and Wages-$240,061$66,000$306,061
Current Officers, Directors, Trustees, and Key Employees-$127,796$158,871$286,667
Interest$139,369--$139,369
Fees for Service Investment Mgmnt Fees-$108,620-$108,620
Depreciation Depletion$92,594--$92,594
Fees for Services Other-$69,825-$69,825
All Other Expenses$30,313$27,664-$57,977
Payroll Taxes-$40,805$16,084$56,889
Conferences and Meetings-$28,542-$28,542
Information Technology-$21,827-$21,827
Other Employee Benefits-$20,197-$20,197
Office Expenses-$16,913-$16,913
Other Expenses$227,595$13,438-$13,438
Fees for Services Accounting-$8,000-$8,000
Pension Plan Contributions-$3,782-$3,782
Insurance-$2,430-$2,430
Advertising-$831-$831
Fees for Services Legal-$650-$650
Total Functional Expenses$1,729,115$731,381$240,955$2,701,451

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,701,451
Total Expenses per Audited Statements$2,625,889
Expenses per Audited Statements$2,592,831
Expenses Not Reported on Financial Statements$108,620
Other Expense Adjustments$108,620
Expenses Not Reported on Form 990$33,058
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The audit committee reviews form 990 prior to filing with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

Madison area technical college foundation board and staff members are obligated to act in the best interest of the organization. This obligation requires that employees and board members, in the performance of foundation duties, seek only the furtherance of the mission of madison area technical college foundation, inc. And its related foundation. At all times, employees and board members are prohibited from using the organization's name or property, for private profit or benefit. Each board member shall sign the conflict of interest disclosure policy at the annual meeting each year. When a conflict of interest is relevant to a matter requiring action by the madison college foundation board of directors, the interested person(s) shall call it to the attention of the board of directors and said person(s) shall not vote on the matter. In addition, the person(s) shall not participate in the final deliberation or decision regarding the matter under consideration and shall retire from the room during the vote of the board of directors. When there is a doubt about whether a conflict exists, the matter shall be resolved by vote of the board of directors. The vote shall exclude the person(s) involved in the seeming conflict of interest. The official minutes of the board of directors shall reflect that the conflict of interest was disclosed and that the interested person(s) was (were) not present during the final discussion or vote and did not vote on the matter.

Form 990, Part VI, Section B, Line 15

The chief executive officer's salary is set by the foundation board of directors.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Madison Area Technical College Foundation Inc
EIN
23-7265867
Phone
6082466441
Address
3591 ANDERSON STREET NO 203A, MADISON, WI 53704

Signing Officer

Name
Tammy Thayer
Title
Chief Executive Officer
Phone
6082466441
Signed
2016-04-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tammy Thayer
Formed
1973
Legal Domicile
Wi
Voting Board Members
12
Independent Board Members
12
Employees
13
Volunteers
20

Preparer

Firm
Wipfli Llp
Address
PO BOX 8700, MADISON, WI 53708-8700
Preparer
John Hemming
Phone
6082741980
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

All endowments are for the purpose of providing continual financial support to madison area technical college foundation, inc. To allow it to continue to enhance madison college's ability to provide an accessible, high quality education to meet student needs and to help develop a highly skilled workforce for southern wisconsin.

PART X, LINE 2:

The foundation is required to assess whether it is more likely than not that a tax position will be sustained upon examination on the technical merits of the position assuming the taxing authority has full knowledge of all information. If the tax position does not meet the more likely than not recognition threshold, the benefit of that position is not recognized in the financial statements. The foundation has determined there are no amounts to record as assets or liabilities related to uncertain tax positions.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Investment manager fees -108,620.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Investment manager fees 108,620.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17149454
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18105769
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR (THRU OCTOBER)
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE (THRU OCTOBER)
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR (THRU OCTOBER)
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR (THRU JANUARY)
IRS990/Form990PartVIISectionAGrp/TitleTxt13PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt15TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt16TREASURER (THRU JULY)
IRS990/Form990PartVIISectionAGrp/TitleTxt17CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt18EXECUTIVE DIRECTOR PHILANTHROPY
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01973
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0645440
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantAmt01170970
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01239244
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01239244
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02475565
IRS990/GrossReceiptsAmt010841837
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt021827
IRS990/InformationTechnologyGrp/TotalAmt021827
IRS990/InsuranceGrp/ManagementAndGeneralAmt02430
IRS990/InsuranceGrp/TotalAmt02430
IRS990/InterestGrp/ProgramServicesAmt0139369
IRS990/InterestGrp/TotalAmt0139369
IRS990/InvestmentIncomeGrp/ExclusionAmt0229637
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0229637
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0820749
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0920037
IRS990/InvestmentsPubTradedSecGrp/BOYAmt07113882
IRS990/InvestmentsPubTradedSecGrp/EOYAmt06681930
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0258026
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04109473
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04043624
IRS990/LandBldgEquipCostOrOtherBssAmt04301650
IRS990/LegalDomicileStateCd0WI
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01830125
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt0208754
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0208754
IRS990/MissionDesc0THE MADISON AREA TECHNICAL COLLEGE FOUNDATION, INC. SOLICITS, MANAGES, AND DISTRIBUTES GIFTS FROM ALUMNI, CORPORATIONS, FOUNDATIONS, COMMUNITY ORGANIZATIONS, AND OTHER FRIENDS OF THE COLLEGE. THESE GENEROUS GIFTS ENHANCE THE COLLEGE'S ABILITY TO PROVIDE AN ACCESSIBLE, HIGH QUALITY EDUCATION TO STUDENTS AND HELP DEVELOP A HIGHLY SKILLED WORKFORCE FOR SOUTH CENTRAL WISCONSIN.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02917967
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02251942
IRS990/NetAssetsOrFundBalancesBOYAmt09737254
IRS990/NetAssetsOrFundBalancesEOYAmt015449436
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0645440
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0645440
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-598079
IRS990/NoncashContributionsAmt049105
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt016913
IRS990/OfficeExpensesGrp/TotalAmt016913
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt057630
IRS990/OtherAssetsTotalGrp/EOYAmt076334
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt020197
IRS990/OtherEmployeeBenefitsGrp/TotalAmt020197
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc1BAD DEBT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt013438
IRS990/OtherExpensesGrp/ProgramServicesAmt0227595
IRS990/OtherExpensesGrp/TotalAmt0227595
IRS990/OtherExpensesGrp/TotalAmt113438
IRS990/OtherRevenueTotalAmt0208754
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt066000
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0240061
IRS990/OtherSalariesAndWagesGrp/TotalAmt0306061
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0466
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0160
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt016084
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt040805
IRS990/PayrollTaxesGrp/TotalAmt056889
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03782
IRS990/PensionPlanContributionsGrp/TotalAmt03782
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt03709503
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt03951681
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0125425
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt04343538
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09890
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt035946
IRS990/PrincipalOfficerNm0TAMMY THAYER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0373845
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0373845
IRS990/ProgSrvcAccomActy2Grp/Desc0GENERAL PROGRAM ACTIVITIES - MADISON AREA TECHNICAL COLLEGE FOUNDATION, INC. PROVIDES A MARK OF DISTINCTION BY ACQUIRING SUPPLIES, EQUIPMENT, FACILITY ENHANCEMENTS AND OTHER FUNDING FOR COLLEGE PRIORITIES THAT ARE NOT AVAILABLE THROUGH THE COLLEGE BUDGET.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0489871
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0373845
IRS990/ProgSrvcAccomActy3Grp/Desc0GRANTS - MADISON AREA TECHNICAL COLLEGE FOUNDATION, INC. PROVIDES SMALL AMOUNTS OF FINANCIAL ASSISTANCE TO RETAIN STUDENTS WHO ARE ENROLLED BUT ENCOUNTER FINANCIAL EMERGENCIES FOR WHICH THE STUDENTS DO NOT HAVE OTHER RESOURCES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt068274
IRS990/ProgSrvcAccomActy3Grp/GrantAmt068274
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02076218
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01583991
IRS990/PYInvestmentIncomeAmt0618609
IRS990/PYOtherExpensesAmt0200815
IRS990/PYOtherRevenueAmt0265207
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0481546
IRS990/PYSalariesCompEmpBnftPaidAmt0693682
IRS990/PYTotalExpensesAmt02478488
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02960034
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt06310261
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0271336
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01218339
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt07554036
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02076218
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01659974
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01718188
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01675860
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt014684276
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0229637
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0609848
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0587237
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0206403
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0197609
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01830734
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0935078
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.54580
IRS990ScheduleA/PublicSupportPY170Pct00.82320
IRS990ScheduleA/PublicSupportTotal170Amt09014576
IRS990ScheduleA/SubstantialContributorsTotAmt05669700
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt07554036
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02076218
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01659974
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01718188
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01675860
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt014684276
IRS990ScheduleA/TotalSupportAmt016515010
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$26.4$1.36$25.0$5.01$3.72$1.29
2023Detailed filing. Detailed filing data is available for this year.$23.6$1.31$22.3$5.51$3.27$2.25
2022Detailed filing. Detailed filing data is available for this year.$19.5$0.06$19.5$4.17$2.70$1.47
2021Detailed filing. Detailed filing data is available for this year.$21.0$0.30$20.7$5.49$4.10$1.38
2020Detailed filing. Detailed filing data is available for this year.$18.1$1.24$16.8$4.86$2.59$2.27
2019Detailed filing. Detailed filing data is available for this year.$16.5$1.38$15.1$6.01$6.43$0.43
2018Detailed filing. Detailed filing data is available for this year.$16.8$1.79$15.0$11.0$12.3$1.32
2017Detailed filing. Detailed filing data is available for this year.$18.6$2.56$16.1$4.58$5.74$1.15
2016Detailed filing. Detailed filing data is available for this year.$18.7$2.17$16.5$4.13$3.24$0.89
2015Detailed filing. Detailed filing data is available for this year.$17.9$2.40$15.4$9.01$2.70$6.31
2014Detailed filing. Detailed filing data is available for this year.$12.7$3.00$9.74$2.96$2.48$0.48
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.9$3.17$8.73$1.99
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.13$0.04$8.09$1.64
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.19$0.13$8.05$1.81
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.52$0.62$6.90$2.00