Civic Intelligence

Madison Turners Inc.

990 • Fiscal year 2017 • EIN 39-0444555

Sep 01, 2016 to Aug 31, 2017 • Filed on Nov 18, 2017

3001 S Stoughton RdMadison, WI 53716

(608) 222-4922

Siviq Scores

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

Liabilities / Assets

61st percentile

0.18x

Higher debt load relative to assets than 61% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

73rd percentile

0.37x

Higher debt load relative to revenue than 73% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

70th percentile

12%

Higher net margin than 70% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

14th percentile

-7.8%

Faster asset growth than 14% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

65th percentile

13%

Faster revenue growth than 65% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,065,039

Down $90,228 (-7.8%) from 2016

Net Assets

Down

$875,893

Down $9,708 (-1.1%) from 2016

Liabilities

Down

$189,146

Down $80,520 (-30%) from 2016

Revenue

Up

$517,885

Up $57,892 (+13%) from 2016

Expenses

Up

$453,305

Up $34,152 (+8.1%) from 2016

Net Income

Up

$64,580

Up $23,740 (+58%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $1,120,456Liabilities 2011: $308,965Net Assets 2011: $811,4912011Assets 2012: $1,079,018Liabilities 2012: $292,714Net Assets 2012: $786,3042012Assets 2013: $1,024,769Liabilities 2013: $256,587Net Assets 2013: $768,1822013Assets 2014: $1,063,687Liabilities 2014: $313,571Net Assets 2014: $750,1162014Assets 2015: $1,136,245Liabilities 2015: $303,179Net Assets 2015: $833,0662015Assets 2016: $1,155,267Liabilities 2016: $269,666Net Assets 2016: $885,6012016Assets 2017: $1,065,039Liabilities 2017: $189,146Net Assets 2017: $875,8932017Assets 2018: $1,196,932Liabilities 2018: $183,314Net Assets 2018: $1,013,6182018Assets 2019: $1,122,655Liabilities 2019: $127,871Net Assets 2019: $994,7842019Assets 2020: $1,086,598Liabilities 2020: $137,778Net Assets 2020: $948,8202020Assets 2021: $1,026,029Liabilities 2021: $51,126Net Assets 2021: $974,9032021Assets 2022: $1,061,436Liabilities 2022: $16,065Net Assets 2022: $1,045,3712022Assets 2023: $1,055,174Liabilities 2023: $23,442Net Assets 2023: $1,031,7322023Assets 2024: $1,160,091Liabilities 2024: $13,566Net Assets 2024: $1,146,5252024Assets 2025: $1,244,922Liabilities 2025: $9,358Net Assets 2025: $1,235,5642025

Highlighted filing

2017

Assets$1,065,039
Liabilities$189,146
Net Assets$875,893

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $311,576Expenses 2011: $338,283Net Income 2011: -$26,7072011Revenue 2012: $282,064Expenses 2012: $310,315Net Income 2012: -$28,2512012Revenue 2013: $346,919Expenses 2013: $365,041Net Income 2013: -$18,1222013Revenue 2014: $428,412Expenses 2014: $451,714Net Income 2014: -$23,3022014Revenue 2015: $489,999Expenses 2015: $511,509Net Income 2015: -$21,5102015Revenue 2016: $459,993Expenses 2016: $419,153Net Income 2016: $40,8402016Revenue 2017: $517,885Expenses 2017: $453,305Net Income 2017: $64,5802017Revenue 2018: $529,450Expenses 2018: $467,687Net Income 2018: $61,7632018Revenue 2019: $546,291Expenses 2019: $471,087Net Income 2019: $75,2042019Revenue 2020: $432,062Expenses 2020: $472,718Net Income 2020: -$40,6562020Revenue 2021: $379,564Expenses 2021: $365,568Net Income 2021: $13,9962021Revenue 2022: $559,690Expenses 2022: $487,785Net Income 2022: $71,9052022Revenue 2023: $626,766Expenses 2023: $533,377Net Income 2023: $93,3892023Revenue 2024: $676,356Expenses 2024: $581,845Net Income 2024: $94,5112024Revenue 2025: $640,835Expenses 2025: $538,064Net Income 2025: $102,7712025

Highlighted filing

2017

Revenue$517,885
Expenses$453,305
Net Income$64,580
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Nov 18, 2017
Return Version
2016v3.0
Gross Receipts
$517,885
Mission and Program Overview

Mission

It is the principle duty of our societies to provide schools in health and physical education for youth and adults and to promote their intellectual and cultural growth through special classes under qualified and competent instructors.

It is the principle duty of our societies to provide schools in health and physical education for youth and adults and to promote their intellectual and cultural growth through special classes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$962,777$918,989▼ $43,788
Savings and Temporary Cash Investments$80,118$80,918▲ $800
Cash and Non-Interest-Bearing Accounts$51,445$62,785▲ $11,340
Inventories for Sale or Use$5,463$2,347▼ $3,116
Accounts Receivable$189--
Total Assets$1,099,992$1,065,039▼ $34,953
Liabilities
Mortgage Notes Payable Secured by Investment Property$245,452$169,302▼ $76,150
Accounts Payable and Accrued Expenses$24,214$19,844▼ $4,370
Total Liabilities$269,666$189,146▼ $80,520
Net Assets / Fund Balance
Unrestricted Net Assets$830,326$875,893▲ $45,567
Total Net Assets Fund Balance$830,326$875,893▲ $45,567
Total Liabilities and Net Assets / Fund Balance$1,099,992$1,065,039▼ $34,953

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$807,764$726,671$1,534,435
Equipment$16,440$113,922$130,362
Land$94,785-$94,785
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike JollyMembership Chair
Paul WertschPresident
Dick BlatterVice President
Anna HassellProgram Director
Gunther RuchTrustee
Maureen BeilkeTrustee
Katlin ZamzowEvents Manager
Brennan PorterMember at Large
Cary PierceMember at Large
Dan RitscheMember at Large
Rod WildeMember at Large
Rodger WilliamsMember at Large
Joe JohnsonSecretary
Ed HansonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$9,546
Program Service Revenue
$485,995
Investment Income
$503
Other Revenue
$21,841
All Other Contributions
$396
Change in Net Assets
$64,580
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$242,609
Salaries, Compensation, and Employee Benefits$210,696
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$99,065--$99,065
Other Salaries and Wages$92,790--$92,790
Other Expenses$85,693--$85,693
Occupancy$78,261--$78,261
Depreciation Depletion$44,017--$44,017
Payroll Taxes$18,841--$18,841
Office Expenses$11,108--$11,108
Insurance$7,961--$7,961
Interest$6,981--$6,981
Fees for Services Accounting$3,556--$3,556
Advertising$798--$798
Total Functional Expenses$453,305$0$0$453,305
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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, Line 11B

Form 990 is distributed to governing body.

Form 990, Part VI, Line 19

Governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Madison Turners Inc
EIN
39-0444555
Phone
6082224922
Address
3001 S Stoughton Rd, Madison, WI 53716

Signing Officer

Name
Ed Hanson
Title
Treasurer
Signed
2017-11-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Werstch
Formed
1905
Legal Domicile
Wi
Voting Board Members
12
Independent Board Members
12
Employees
20
Volunteers
30

Preparer

Firm
My Money LLC
Address
4702 Agate Lane, Madison, WI 53714
Preparer
Denis Stankowski
Phone
6082128514
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Adjustment for correction in depreciation.

Form 990, Part IX, Line 25

License 1,253, membership subscriptions 2,981, COG 85,693

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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt018000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt12034
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt21807
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt01499
IRS990/OtherRevenueTotalAmt021841
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt092790
IRS990/OtherSalariesAndWagesGrp/TotalAmt092790
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt018841
IRS990/PayrollTaxesGrp/TotalAmt018841
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Paul Werstch
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0Event Services
IRS990/ProgramServiceRevenueGrp/Desc1Gymnastics
IRS990/ProgramServiceRevenueGrp/Desc2Courts
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0245671
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt174746
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0165578
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1245671
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt274746
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0165578
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt012145
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0217789
IRS990/PYOtherRevenueAmt015451
IRS990/PYProgramServiceRevenueAmt0432397
IRS990/PYRevenuesLessExpensesAmt040840
IRS990/PYSalariesCompEmpBnftPaidAmt0201364
IRS990/PYTotalExpensesAmt0419153
IRS990/PYTotalRevenueAmt0459993
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt064580
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0485995
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt080118
IRS990/SavingsAndTempCashInvstGrp/EOYAmt080918
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0807764
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0726671
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01534435
IRS990ScheduleD/EquipmentGrp/BookValueAmt016440
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0113922
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0130362
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt094785
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt094785
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0918989
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Adjustment for correction in depreciation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 is distributed to governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Governing documents, conflict of interest policy and financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3License 1,253, membership subscriptions 2,981, COG 85,693
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part XI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 25
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01099992
IRS990/TotalAssetsEOYAmt01065039
IRS990/TotalAssetsGrp/BOYAmt01099992
IRS990/TotalAssetsGrp/EOYAmt01065039
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt09546
IRS990/TotalEmployeeCnt020
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0453305
IRS990/TotalFunctionalExpensesGrp/TotalAmt0453305
IRS990/TotalGrossUBIAmt0167263
IRS990/TotalLiabilitiesBOYAmt0269666
IRS990/TotalLiabilitiesEOYAmt0189146
IRS990/TotalLiabilitiesGrp/BOYAmt0269666
IRS990/TotalLiabilitiesGrp/EOYAmt0189146
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0830326
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0875893
IRS990/TotalProgramServiceExpensesAmt0453305
IRS990/TotalProgramServiceRevenueAmt0485995
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0341076
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0517885
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0167263
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01099992
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01065039
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0830326
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0875893
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03001 S Stoughton RD
IRS990/USAddress/CityNm0Madison
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd053716
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0www.madisonturners.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Ed Hanson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-18

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.01$1.24$0.64$0.54$0.10
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.01$1.15$0.68$0.58$0.09
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.02$1.03$0.63$0.53$0.09
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.02$1.05$0.56$0.49$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.05$0.97$0.38$0.37$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.09$0.14$0.95$0.43$0.47$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.13$0.99$0.55$0.47$0.08
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.18$1.01$0.53$0.47$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.07$0.19$0.88$0.52$0.45$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.27$0.89$0.46$0.42$0.04
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.30$0.83$0.49$0.51$0.02
2014Summary only. Only limited summary data is available for this year.$1.06$0.31$0.75$0.43$0.45$0.02
2013Summary only. Only limited summary data is available for this year.$1.02$0.26$0.77$0.35$0.37$0.02
2012Summary only. Only limited summary data is available for this year.$1.08$0.29$0.79$0.28$0.31$0.03
2011Summary only. Only limited summary data is available for this year.$1.12$0.31$0.81$0.31$0.34$0.03