Civic Intelligence

Madison Seed Accelerator Inc

990EZ • Fiscal year 2020 • EIN 46-5724018

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 31, 2022

Organization Profilewww.madworksaccelerator.org
N9269 Becker RoadWestfield, WI 53964

(608) 698-3775

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

36th percentile

-2.4%

Higher net margin than 36% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

31st percentile

-6.6%

Faster asset growth than 31% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

Score unavailable

No value available

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

Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$38,843

Down $2,736 (-6.6%) from 2019

Net Assets

Down

$38,843

Down $1,449 (-3.6%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin36th percentile

Revenue

Up

$112,924

Up $112,924 from 2019

Expenses

Up

$115,660

Up $41,016 (+55%) from 2019

Net Income

Up

-$2,736

Up $71,908 (+96%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

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

$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

2020

Assets$38,843
Liabilities-
Net Assets$38,843
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this 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

2020

Revenue$112,924
Expenses$115,660
Net Income-$2,736
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 31, 2022
Return Version
2020v4.0
Gross Receipts
$112,924
Mission and Program Overview

Mission

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 spring and summer cohorts of the program. Companies that go through the program ultimately create jobs and generate revenue to enhance the Wisconsin community.$110,000$75,000
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Terry SivesendPresidentPT$0--
Anne SmithTreasurerPT$0--
Eric EnglundChairmanPT$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
Signed
2022-08-31
Discuss with paid preparer
Yes

Preparer

Firm
Fine Point Consulting
Address
303 S Paterson St Ste 1 Ste 700, Madison, WI 53703-4534
Preparer
Louisa Else
Phone
6085710848
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“| Cash Amount Given: $75000”

Other Expenses.1002

“Office Expenses $589”

Other Expenses.1

“Program Content $5000”

Other Expenses.2

“Software $240”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $1287 Accounts Payable and Accrued Expenses - Ending $0”

Raw XML Appendix152 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Chairman
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt01287
IRS990EZ/OtherExpensesTotalAmt05829
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Provide legal, business training, mentoring, and funding to business entrepreneurs in Wisconsin
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Provide training and mentoring for teams selected to participate in spring and summer cohorts of the program. Companies that go through the program ultimately create jobs and generate revenue to enhance the Wisconsin community.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0110000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt075000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01287
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0115660
IRS990EZ/TotalProgramServiceExpensesAmt0110000
IRS990EZ/TotalRevenueAmt0112924
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://www.madworksaccelerator.org/
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0112924
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0140700
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0125600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0175281
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0554505
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt036000
IRS990ScheduleA/OtherIncome170Grp/TotalAmt036000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0554505
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0112924
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0554505
IRS990ScheduleA/TotalSupportAmt0590505
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Cash Amount Given: $75000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $589
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Software $240
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Accounts Payable and Accrued Expenses - Beginning $1287 Accounts Payable and Accrued Expenses - Ending $0
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ReturnHeader/Filer/EIN0465724018
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
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ReturnHeader/PreparerPersonGrp/PhoneNum06085710848
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ReturnHeader/ReturnTs02022-08-31T14:12:38-07:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$38,843
Liabilities
-
Net assets
$38,843
Revenue
$112,924
Expenses
$115,660
Net income
-$2,736
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