Civic Intelligence

Madison Youth Unlimited Inc.

EIN 35-2120017 • 501(c)3 • Madison, IN

RevokedPub. 78 Eligible990-N Coverage

Profile

ImprovesportfacilitieswithintheCityofMadison.

Revocation date: May 15, 2010

618 W 3rd StMadison, IN 47250

madisoncommunitygrocery.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

97th percentile

90%

Higher net margin than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Revenue Growth

100th percentile

13767%

Faster revenue growth than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$8,254

Up $8,254 from 2021

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

Up

$8,254

Up $8,254 from 2021

Revenue

Up

$9,152

Up $9,086 (+13767%) from 2021

Expenses

Down

$898

Down $33,268 (-97%) from 2021

Net Income

Up

$8,254

Up $42,354 (+124%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10K$5.0K$0Assets 2021: $0Net Assets 2021: $02021Assets 2022: $8,254Liabilities 2022: $0Net Assets 2022: $8,2542022

Highlighted filing

2022

Assets$8,254
Liabilities$0
Net Assets$8,254

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40K$20K$0-$20K-$40KRevenue 2021: $66Expenses 2021: $34,166Net Income 2021: -$34,1002021Revenue 2022: $9,152Expenses 2022: $898Net Income 2022: $8,2542022

Highlighted filing

2022

Revenue$9,152
Expenses$898
Net Income$8,254

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 11, 2023
Return Version
2022v5.0
Gross Receipts
$9,152
Mission and Program Overview

Mission

ImprovesportfacilitieswithintheCityofMadison.

Improve quality of life for Madison IN youth and families

Program Services

DescriptionGrantsExpenses
Published a seasonal e-newsletter with information about local food, community programs, and budget gardening/cooking to improve quality of life in the Madison area through access to healthy, affordable food. This mailing list is open to the public and currently reaches over 370 recipients.$0$0
Conducted research on community-based solutions for food deserts and food insecurity in order to develop future programs like community sharing gardens, cooking classes, and local food access programs to improve quality of life for over 30,000 Madison area families, especially those experiencing food insecurity.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Laura AricoPresidentPT$0--
Jane Stormer1st Vice-President, SecretaryPT$0--
Michael BertelsenVice-President, Treasurer-$0--
Azia WattsVice-President-$0--
Jan VetrhusVice-President-$0--
Filing and Contact Details

Filer

Filer Name
Madison Youth Unlimited Inc
EIN
35-2120017
Phone
8125996067
Address
618 W 3rd St, Madison, IN 47250

Signing Officer

Name
Michael Bertelsen
Title
Treasurer
Phone
8129143978
Signed
2023-05-11
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

General liability and D&O insurance - $868; Bank fees - $30

Form 990-EZ, Part V, Line 33

CHANGE OF ACTIVITIES. With the completion of the sport court in 2020, the organization discontinued its activities related to sports facilities and turned its focus to other quality of life issues, namely equitable food access. As a result, all 2022 activities, including the e-newsletter, were related to food access in the Madison, IN area.

Form 990-EZ, Part V, Line 34

CHANGES TO GOVERNING DOCUMENTS. In 2019, the organization filed an amendment to its Articles of Incorporation to change its purpose to "improve the quality of life for all Madison, Indiana youth and their families." Summary of 2022 bylaws changes: 1. Membership. Simplified these sections to clarify that voting procedures and roles will be defined if/when a voting membership body is created. 2. Diversity, Equity, and Inclusion. A non-discrimination clause was added. A requirement for the organization to create and adopt a DEI policy is included in this section. 3. Board of Directors/Committee voting procedures. Switched from a majority vote procedure to a consensus vote procedure. A quorum of at least 50% is required. 4. Executive Committee. This committee is now called the Leadership Team. 5. Officer terms were extended from one year to two. 6. Conflict of Interest. Revised bylaws require the creation of a separate conflict of interest policy for the organization. As such, this article of the bylaws was reduced to a summary paragraph and details were moved to the Conflict of Interest policy adopted by the board. 7. Amendments to bylaws. Switched to a consensus vote procedure for all amendments. 8. Dissolution clause. Removed the section requiring distribution of remaining funds to Hargan-Matthews Park, as this project is now complete.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0General liability and D&O insurance - $868; Bank fees - $30
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CHANGE OF ACTIVITIES. With the completion of the sport court in 2020, the organization discontinued its activities related to sports facilities and turned its focus to other quality of life issues, namely equitable food access. As a result, all 2022 activities, including the e-newsletter, were related to food access in the Madison, IN area.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CHANGES TO GOVERNING DOCUMENTS. In 2019, the organization filed an amendment to its Articles of Incorporation to change its purpose to "improve the quality of life for all Madison, Indiana youth and their families." Summary of 2022 bylaws changes: 1. Membership. Simplified these sections to clarify that voting procedures and roles will be defined if/when a voting membership body is created. 2. Diversity, Equity, and Inclusion. A non-discrimination clause was added. A requirement for the organization to create and adopt a DEI policy is included in this section. 3. Board of Directors/Committee voting procedures. Switched from a majority vote procedure to a consensus vote procedure. A quorum of at least 50% is required. 4. Executive Committee. This committee is now called the Leadership Team. 5. Officer terms were extended from one year to two. 6. Conflict of Interest. Revised bylaws require the creation of a separate conflict of interest policy for the organization. As such, this article of the bylaws was reduced to a summary paragraph and details were moved to the Conflict of Interest policy adopted by the board. 7. Amendments to bylaws. Switched to a consensus vote procedure for all amendments. 8. Dissolution clause. Removed the section requiring distribution of remaining funds to Hargan-Matthews Park, as this project is now complete.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part V, Line 33
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