Civic Intelligence

Madison Seed Accelerator Inc

990EZ • Fiscal year 2022 • EIN 46-5724018

Jan 01, 2022 to Dec 31, 2022 • Filed on May 15, 2023

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 2022

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2022

Net Margin

75th percentile

25%

Higher net margin than 75% of similar nonprofits.

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

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 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

Score unavailable

No value available

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

Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$31,260

Up $31,260 from 2021

Net Assets

Up

$31,260

Up $31,260 from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin75th percentile

Revenue

Up

$125,058

Up $125,058 from 2021

Expenses

Up

$93,798

Up $54,955 (+141%) from 2021

Net Income

Up

$31,260

Up $70,103 (+180%) from 2021

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

2022

Assets$31,260
Liabilities-
Net Assets$31,260
Open 2022 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

2022

Revenue$125,058
Expenses$93,798
Net Income$31,260
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 15, 2023
Return Version
2022v5.0
Gross Receipts
$125,058
Mission and Program Overview

Mission

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

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.--
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eric EnglundChairmanPT$0--
Terry SivesindPresidentPT$0--
Anne SmithTreasurerPT$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
2023-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Fine Point Consulting
Address
303 S Paterson St Ste 1 Ste 700, Madison, WI 53703-4534
Preparer
Daniel Burns
Phone
6089608450
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.4

“| Donee's Name: Other Recipients | Cash Amount Given: $50000”

Other Expenses.1003

“Information Technology $964”

Other Expenses.1007

“Conferences, Conventions, and Meetings $357”

Other Expenses.1

“Program Content $5000”

Other Expenses.2

“Professional Development $360”

Other Expenses.3

“Meals $82”

Other Expenses.4

“Bank Fees & Service charges $35”

Raw XML Appendix148 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/BooksInCareOfDetail/USAddress/CityNm0Westfield
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd053964
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt031260
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IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt031260
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt031260
IRS990EZ/OccupancyRentUtltsAndMaintAmt05000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Eric Englund
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Anne Smith
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt06798
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/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt093798
IRS990EZ/TotalRevenueAmt0125058
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://www.madworksaccelerator.org/
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0125000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0112924
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0140700
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0378624
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0378624
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0125000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0112924
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0140700
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0378624
IRS990ScheduleA/TotalSupportAmt0378624
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| Donee's Name: Other Recipients | Cash Amount Given: $50000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Information Technology $964
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Conferences, Conventions, and Meetings $357
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Program Content $5000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Professional Development $360
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Meals $82
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Bank Fees & Service charges $35
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1003
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
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ReturnHeader/BusinessOfficerGrp/PersonNm0Anne Smith
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ReturnHeader/Filer/EIN0465724018
ReturnHeader/Filer/PhoneNum06086983775
ReturnHeader/Filer/USAddress/AddressLine1Txt0N9269 Becker Road
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd053964
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204722134
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Fine Point Consulting
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Madison
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
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ReturnHeader/PreparerPersonGrp/PhoneNum06089608450
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Daniel Burns
ReturnHeader/ReturnTs02023-05-15T16:16:54-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Anne
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$31,260
Liabilities
-
Net assets
$31,260
Revenue
$125,058
Expenses
$93,798
Net income
$31,260
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