Civic Intelligence

Madison Seed Accelerator Inc

990EZ • Fiscal year 2023 • EIN 46-5724018

Jan 01, 2023 to Dec 31, 2023 • Filed on May 01, 2024

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 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

31st percentile

-6.4%

Higher net margin than 31% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

40th percentile

-4.1%

Faster asset growth than 40% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

4th percentile

-84%

Faster revenue growth than 4% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$29,976

Down $1,284 (-4.1%) from 2022

Net Assets

Down

$29,976

Down $1,284 (-4.1%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin31st percentile

Revenue

Down

$20,157

Down $104,901 (-84%) from 2022

Expenses

Down

$21,441

Down $72,357 (-77%) from 2022

Net Income

Down

-$1,284

Down $32,544 (-104%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth40th 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

2023

Assets$29,976
Liabilities-
Net Assets$29,976
Open 2023 Filing

Operations Trend

Revenue Growth4th percentile

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

2023

Revenue$20,157
Expenses$21,441
Net Income-$1,284
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 1, 2024
Return Version
2023v5.0
Gross Receipts
$20,157
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
2024-05-01
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

Other Expenses.1002

“Office Expenses $166”

Other Expenses.1003

“Information Technology $535”

Other Expenses.1005

“Travel $6”

Other Expenses.1

“Meals $99”

Other Expenses.2

“Bank Fees & Service charges $35”

Other Assets.1

“Due from StartingBlock - Beginning $0 Due from StartingBlock - Ending $264”

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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0Anne Smith
IRS990EZ/BooksInCareOfDetail/PhoneNum06086983775
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0N9269 Becker Road
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Westfield
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd053964
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt031260
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt029712
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt020000
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1284
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt020600
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt031260
IRS990EZ/Form990TotalAssetsGrp/EOYAmt029976
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt020157
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0157
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt031260
IRS990EZ/NetAssetsOrFundBalancesEOYAmt029976
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt031260
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt029976
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Eric Englund
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Terry Sivesind
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Anne Smith
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0264
IRS990EZ/OtherExpensesTotalAmt0841
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/TotalExpensesAmt021441
IRS990EZ/TotalRevenueAmt020157
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://www.madworksaccelerator.org/
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt020000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0125000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0112924
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0257924
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0257924
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt020000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0125000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0112924
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0257924
IRS990ScheduleA/TotalSupportAmt0257924
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/ExplanationTxt0Office Expenses $166
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Information Technology $535
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $6
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Meals $99
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Bank Fees & Service charges $35
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Due from StartingBlock - Beginning $0 Due from StartingBlock - Ending $264
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Assets.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Anne Smith
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Madison Seed Accelerator Inc
ReturnHeader/Filer/BusinessNameControlTxt0MADI
ReturnHeader/Filer/EIN0465724018
ReturnHeader/Filer/PhoneNum06086983775
ReturnHeader/Filer/USAddress/AddressLine1Txt0N9269 Becker Road
ReturnHeader/Filer/USAddress/CityNm0Westfield
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd053964
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204722134
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Fine Point Consulting
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0303 S Paterson St Ste 1 Ste 700
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Madison
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0537034534
ReturnHeader/PreparerPersonGrp/PhoneNum06089608450
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Melissa L Webb
ReturnHeader/ReturnTs02024-05-01T08:35:22-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Anne
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Smith
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,976
Liabilities
-
Net assets
$29,976
Revenue
$20,157
Expenses
$21,441
Net income
-$1,284
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