Civic Intelligence

Madison Seed Accelerator Inc

EIN 46-5724018 • 501(c)3 • Westfield, WI

Profile

Form 990-EZ, Part III - Organization's Primary Exempt Purpose Provide legal, business training, mentoring and funding to business entrepreneurs in Wisconsin.

N9269 Becker RoadWestfield, WI 53964

www.madworksaccelerator.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

12th percentile

-71%

Higher net margin than 12% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

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 2024

Asset Growth

11th percentile

-95%

Faster asset growth than 11% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

91st percentile

99%

Faster revenue growth than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$1,543

Down $28,433 (-95%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$1,543

Down $28,433 (-95%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin12th percentile

Revenue

Up

$40,069

Up $19,912 (+99%) from 2023

Expenses

Up

$68,502

Up $47,061 (+219%) from 2023

Net Income

Down

-$28,433

Down $27,149 (-2114%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth11th percentile

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

$150K$100K$50K$0Assets 2016: $121,789Liabilities 2016: $0Net Assets 2016: $121,7892016Assets 2017: $117,324Liabilities 2017: $0Net Assets 2017: $117,3242017Assets 2018: $114,937Liabilities 2018: $0Net Assets 2018: $114,9372018Assets 2019: $41,579Liabilities 2019: $1,287Net Assets 2019: $40,2922019Assets 2020: $38,843Net Assets 2020: $38,8432020Assets 2021: $0Net Assets 2021: $02021Assets 2022: $31,260Net Assets 2022: $31,2602022Assets 2023: $29,976Net Assets 2023: $29,9762023Assets 2024: $1,543Net Assets 2024: $1,5432024

Highlighted filing

2024

Assets$1,543
Liabilities-
Net Assets$1,543
Open 2024 Filing

Operations Trend

Revenue Growth91st percentile

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

$300K$200K$100K$0-$100KRevenue 2016: $211,281Expenses 2016: $89,492Net Income 2016: $121,7892016Revenue 2017: $125,600Expenses 2017: $130,065Net Income 2017: -$4,4652017Revenue 2018: $140,700Expenses 2018: $143,087Net Income 2018: -$2,3872018Revenue 2019: $0Expenses 2019: $74,644Net Income 2019: -$74,6442019Revenue 2020: $112,924Expenses 2020: $115,660Net Income 2020: -$2,7362020Revenue 2021: $0Expenses 2021: $38,843Net Income 2021: -$38,8432021Revenue 2022: $125,058Expenses 2022: $93,798Net Income 2022: $31,2602022Revenue 2023: $20,157Expenses 2023: $21,441Net Income 2023: -$1,2842023Revenue 2024: $40,069Expenses 2024: $68,502Net Income 2024: -$28,4332024

Highlighted filing

2024

Revenue$40,069
Expenses$68,502
Net Income-$28,433
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,543
Liabilities
-
Net assets
$1,543
Revenue
$40,069
Expenses
$68,502
Net income
-$28,433
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.02$0.02$0.40$0.69$0.28
2023Detailed filing. Detailed filing data is available for this year.$0.30$0.30$0.20$0.21$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.31$0.31$1.25$0.94$0.31
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.39$0.39
2020Detailed filing. Detailed filing data is available for this year.$0.39$0.39$1.13$1.16$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.42$0.01$0.40$0.00$0.75$0.75
2018Detailed filing. Detailed filing data is available for this year.$1.15$0.00$1.15$1.41$1.43$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.17$0.00$1.17$1.26$1.30$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.22$0.00$1.22$2.11$0.89$1.22
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 10, 2025
Return Version
2024v5.0
Gross Receipts
$40,069
Mission and Program Overview

Mission

Provide legal, business training, mentoring, and funding to business entrepreneurs in Wisconsin

Form 990-EZ, Part III - Organization's Primary Exempt Purpose Provide legal, business training, mentoring and funding to business entrepreneurs in Wisconsin.

Program Services

DescriptionGrantsExpenses
Provide training and mentoring for teams selected to participate in cohorts of the program. Companies that go through the program ultimately create jobs and generate revenue to enhance the Wisconsin community.--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eric EnglundChairman-$0--
Terry SivesindPresident-$0--
Anne SmithTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Madison Seed Accelerator Inc
EIN
46-5724018
Phone
6086983775
Address
N9269 Becker Road, Westfield, WI 53964

Signing Officer

Name
Anne Smith
Title
Treasurer
Phone
6086983775
Signed
2025-05-10
Supplemental Narrative

Additional Explanations

Part I, Line 16

“Other Expenses: Event Expenses = $108 Information Technology = $640 Return of Unused Grant Funds = $29,554 Total = $30,302”

Raw XML Appendix125 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Westfield
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
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IRS990EZ/OtherAssetsTotalDetail/BOYAmt0224
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IRS990EZ/OtherEmployeePaidOver100kCnt00
IRS990EZ/OtherExpensesTotalAmt030302
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt040000
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Other Expenses: Event Expenses = $108 Information Technology = $640 Return of Unused Grant Funds = $29,554 Total = $30,302
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/Filer/BusinessNameControlTxt0MADI
ReturnHeader/Filer/EIN0465724018
ReturnHeader/Filer/PhoneNum06086983775
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd053964
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ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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