NEW WORKFORCE DIRECTIONS INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
NEW WORKFORCE DIRECTIONS INC (EIN 27-2323749)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-14
IRS object ID
202543189349309309
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-14T15:10:15-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN480573184PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1REGIER CARR & MONROE LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14200 E SKELLY DRIVE SUITE 560AddressLine1Txt
CityTULSACityNm
State AbbreviationOKStateAbbreviationCd
ZIP74135ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN272323749EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NEW WORKFORCE DIRECTIONS INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNEWWBusinessNameControlTxt
Phone9184422204PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1907 S DETROIT AVENUE 210AddressLine1Txt
CityTULSACityNm
State AbbreviationOKStateAbbreviationCd
ZIP741204319ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKAREN PENNINGTONPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone9184422204PhoneNum
Signature2025-11-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMATTHEW HENRYPreparerPersonNm
PTINP02475804PTIN
Phone9182715400PhoneNum
Preparation2025-11-14PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1MADISON STRATEGIES GROUPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerKAREN PENNINGTONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1907 S DETROIT AVENUE 210AddressLine1Txt
CityTULSACityNm
State AbbreviationOKStateAbbreviationCd
ZIP741204319ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,646,037GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.MADISONSTRATEGIES.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2011FormationYr
Legal Domicile StateOKLegalDomicileStateCd
Activity Or MissionMADISON STRATEGIES GROUP'S MISSION IS TO BUILD AND STRENGTHEN JOB SKILLS, SEE SCH "O"MADISON STRATEGIES GROUP'S MISSION IS TO BUILD AND STRENGTHEN THE TALENT AND SKILL OF THOSE JOB SEEKERS WE SERVE. WE EMPOWER JOB SEEKERS WITH THE ABILITY TO EFFECTIVELY MEET THE NEEDS OF OUR EMPLOYER PARTNERS. BY INVESTING AND ENGAGING IN INNOVATIVE SOLUTIONS AND PARTNERSHIPS, WE PROVIDE HOPE FOR THOSE WE SERVE, OUR BUSINESS PARTNERS, AND THE COMMUNITY AT LARGE.ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee34TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,970,398PYContributionsGrantsAmt
CY Contributions Grants$3,636,037CYContributionsGrantsAmt
PY Program Service Revenue$12,500PYProgramServiceRevenueAmt
CY Program Service Revenue$10,000CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,982,898PYTotalRevenueAmt
CY Total Revenue$3,646,037CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,774,023PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,957,110CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$35,268CYTotalFundraisingExpenseAmt
PY Other Expenses$2,154,552PYOtherExpensesAmt
CY Other Expenses$1,988,970CYOtherExpensesAmt
PY Total Expenses$3,928,575PYTotalExpensesAmt
CY Total Expenses$3,946,080CYTotalExpensesAmt
PY Revenues Less Expenses-$1,945,677PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$300,043CYRevenuesLessExpensesAmt
Total Assets BOY$3,127,645TotalAssetsBOYAmt
Total Assets EOY$2,959,125TotalAssetsEOYAmt
Total Liabilities BOY$566,638TotalLiabilitiesBOYAmt
Total Liabilities EOY$698,161TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,561,007NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,260,964NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionMADISON STRATEGIES GROUP'S MISSION IS TO BUILD AND STRENGTHEN JOB SKILLS, SEE SCHEDULE "O" FOR DETAIL.MADISON STRATEGIES GROUP'S MISSION IS TO BUILD AND STRENGTHEN THE TALENT AND SKILL OF THOSE JOB SEEKERS WE SERVE. WE EMPOWER JOB SEEKERS WITH THE ABILITY TO EFFECTIVELY MEET THE NEEDS OF OUR EMPLOYER PARTNERS. BY INVESTING AND ENGAGING IN INNOVATIVE SOLUTIONS AND PARTNERSHIPS, WE PROVIDE HOPE FOR THOSE WE SERVE, OUR BUSINESS PARTNERS, AND THE COMMUNITY AT LARGE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,682,982ExpenseAmt
Revenue$10,000RevenueAmt
DescMADISON STRATEGIES GROUP'S MISSION IS TO BUILD AND STRENGTHEN JOB SKILLS, SEE SCHEDULE "O" FOR DETAIL.MADISON STRATEGIES GROUP OPERATES MULTIPLE WORKFORCE DEVELOPMENT PROGRAMS IN TULSA THAT PROVIDE UNDERSERVED RESIDENTS WITH NO-COST EDUCATION, EMPLOYMENT, AND ADVANCEMENT OPPORTUNITIES THAT LEAD TO GREATER FINANCIAL SECURITY AND ECONOMIC SELF-SUFFICIENCY. MSG'S FLAGSHIP PROGRAM, TULSA COMMUNITY WORKADVANCE, IS A UNIQUE, SECTOR-BASED, DUAL-CUSTOMER WORKFORCE MODEL THAT HAS BEEN PROVEN TO WORK THROUGH A NATIONAL RESEARCH STUDY. THE INNOVATIVE WORKADVANCE MODEL COMBINES NO-COST, CUSTOMIZED TECHNICAL TRAINING AND PLACEMENT SERVICES WITH EXTENSIVE CAREER ADVISING AND SOFT SKILLS TRAINING TO HELP LOW-INCOME INDIVIDUALS RISE OUT OF POVERTY WHILE MEETING THE NEEDS OF BUSINESSES IN HIGH-DEMAND SECTORS. WORKFORCE AND CAREER NEEDS CONTINUE TO GROW AMONG LOW-INCOME, UNDEREMPLOYED, AND UNEMPLOYED POPULATIONS THROUGHOUT TULSA. IN RESPONSE, MSG HAS EXPANDED AND LAUNCHED MULTIPLE PROGRAMS DESIGNED TO SERVE TARGETED TULSA RESIDENTS WITH TRAINING, JOB PLACEMENT, AND CAREER COACHING SERVICES THAT INCREASE ECONOMIC MOBILITY AND STRENGTHEN TULSA'S TALENT PIPELINE. THESE INITIATIVES NOT ONLY HELP INDIVIDUALS ADVANCE TO BUT ALSO PROVIDE LOCAL BUSINESSES WITH A EXPANDED POOL OF SKILLED WORKERS. MSG'S PROGRAMS SERVE A VARIETY OF POPULATIONS, INCLUDING YOUNG ADULTS AGES 1824 THROUGH THE NEXTUP PROGRAM, PUBLIC HOUSING RESIDENTS THROUGH JOBSFIRST, RESIDENTS OF NORTH TULSA THROUGH THE DUE NORTH PROGRAM, HOUSEHOLDS WITHYOUNG CHILDREN THROUGH THE CAREER CONNECTION PROGRAM, AND ADULTS SEEKING TO UPSKILL THROUGH THE RETRAIN TULSA PROGRAM.IN 2024, MSG SERVED OVER 1,200 INDIVIDUALS WITH CAREER READINESS TRAINING, JOB PLACEMENT, ADVANCED TRAINING, AND CAREER ADVANCEMENT AND COACHING SERVICES. OVER 270 OF MSG'S CUSTOMERS SECURED NEW JOBS IN 2024, EARNING AN AVERAGE OF 25% MORE IN INCOME AFTER OUR TRAINING AND SERVICES. AS OUR ECONOMY AND WORKFORCE CONTINUE TO CHANGE, WE ARE FOCUSED ON TRAINING AND PREPARING PEOPLE FOR JOBS OF THE FUTURE AND TECHNOLOGY-BASED JOBS. MSG IS WELL-POSITIONED TO RESPOND AND ENSURE THAT INDIVIDUALS IN OUR COMMUNITY ARE TRAINED AND PLACED INTO GREAT CAREERS THAT PROVIDE BUSINESSES WITH SKILLED WORKERS.Desc
Total Program Service Expenses$3,682,982TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee34EmployeeCnt
Employment Tax Returns Filed0EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind0Form8899Filedind
Form1098 C Filed0Form1098CFiledInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KAREN PENNINGTONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9184422204PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1907 S DETROIT AVENUE 210AddressLine1Txt
CityTULSACityNm
State AbbreviationOKStateAbbreviationCd
ZIP741204319ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
KAREN PENNINGTON
EXECUTIVE DIRECTOR40.00Yes (X)$192,663$0$0
JOHN GOLDMAN
CHAIRMAN3.00Yes (X)$0$0$0Yes (X)
CHANNING STAVE
SECRETARY1.00Yes (X)$0$0$0Yes (X)
PATRICIA NAZEMETZ
DIRECTOR1.00Yes (X)$0$0$0
JACKIE PRICE-JOHNANNSEN
DIRECTOR1.00Yes (X)$0$0$0
BRUCE BEGITSCHKE
DIRECTOR1.00Yes (X)$0$0$0
MARK SAVOYE
DIRECTOR1.00Yes (X)$0$0$0
ROCKY BRIGHT
DIRECTOR1.00Yes (X)$0$0$0
PAUL MANESS
DIRECTOR1.00Yes (X)$0$0$0
CYNTHIA SOLOMAN
DIRECTOR1.00Yes (X)$0$0$0
TERESA EVANS
DIRECTOR1.00Yes (X)$0$0$0
STEVE TUMPKIN
EMPLOYEE40.00$110,620$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$303,283TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
TULSA TECHNOLOGY CENTER
PO BOX 477200TULSAOK74147TRAINING & TRAINING COORDINATION$264,074
FAMILY & CHILDREN'S SERVICES INC
DEPARTMENT 2113TULSAOK74182COUNSELING SERVICES$182,349
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
Government Grants$1,182,506GovernmentGrantsAmt
All Other Contributions$2,453,531AllOtherContributionsAmt
Total Contributions$3,636,037TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescTRAININGDesc
Business611430BusinessCd
Total Revenue Column$10,000TotalRevenueColumnAmt
Related Or Exempt Func Income$10,000RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$10,000TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,646,037TotalRevenueColumnAmt
Related Or Exempt Func Income$10,000RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$192,663TotalAmt
Program Services$181,691ProgramServicesAmt
Management And General$7,896ManagementAndGeneralAmt
Fundraising$3,076FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,493,194TotalAmt
Program Services$1,408,159ProgramServicesAmt
Management And General$61,198ManagementAndGeneralAmt
Fundraising$23,837FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$271,253TotalAmt
Program Services$256,914ProgramServicesAmt
Management And General$10,039ManagementAndGeneralAmt
Fundraising$4,300FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,262TotalAmt
Program Services$1,262ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$92,992TotalAmt
Program Services$27,401ProgramServicesAmt
Management And General$65,591ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$194,404TotalAmt
Program Services$194,404ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$129,218TotalAmt
Program Services$121,201ProgramServicesAmt
Management And General$8,017ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$261,987TotalAmt
Program Services$203,416ProgramServicesAmt
Management And General$58,571ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$10,071TotalAmt
Program Services$9,771ProgramServicesAmt
Management And General$300ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$405,455TotalAmt
Program Services$385,182ProgramServicesAmt
Management And General$16,218ManagementAndGeneralAmt
Fundraising$4,055FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
PARTICIPANT & PROGRAM S$803,542$803,542
RECRUITING & DEVELOPMEN$86,751$86,751
MISCELLANEOUS$3,288$3,288

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,946,080TotalAmt
Program Services$3,682,982ProgramServicesAmt
Management And General$227,830ManagementAndGeneralAmt
Fundraising$35,268FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$892,427BOYAmt
EOY$766,866EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,032,051BOYAmt
EOY$1,579,239EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$71,551BOYAmt
EOY$73,526EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,682,552LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,368,177LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$704,669BOYAmt
EOY$314,375EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$426,947BOYAmt
EOY$225,119EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,127,645BOYAmt
EOY$2,959,125EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$190,395BOYAmt
EOY$143,683EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$321,492EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$376,243BOYAmt
EOY$232,986EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$566,638BOYAmt
EOY$698,161EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,024,854BOYAmt
EOY$1,976,848EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$536,153BOYAmt
EOY$284,116EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,561,007BOYAmt
EOY$2,260,964EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,127,645BOYAmt
EOY$2,959,125EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$300,043ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (1)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,826,685CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,912,259CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,809,998CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,970,398CurrentTaxYearMinus1YearAmt
Current Tax Year$3,636,037CurrentTaxYearAmt
Total$17,155,377TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,826,685CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,912,259CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,809,998CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,970,398CurrentTaxYearMinus1YearAmt
Current Tax Year$3,636,037CurrentTaxYearAmt
Total$17,155,377TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$4,717,321SubstantialContributorsTotAmt
Public Support Total170$12,438,056PublicSupportTotal170Amt
Total Support$17,155,377TotalSupportAmt
Public Support CY1700.72500PublicSupportCY170Pct
Public Support PY1701.00000PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$928,176OtherCostOrOtherBasisAmt
Depreciation$752,497DepreciationAmt
Book Value$175,679BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$506,168OtherCostOrOtherBasisAmt
Depreciation$383,090DepreciationAmt
Book Value$123,078BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$248,208OtherCostOrOtherBasisAmt
Depreciation$232,590DepreciationAmt
Book Value$15,618BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$314,375TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescRIGHT OF USE ASSETSDesc
Book Value$225,119BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$225,119TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescLEASE LIABILITYDesc
Amt$232,986Amt
FieldValueIRS element (for citing)
Total Liability$232,986TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY MATERIAL, UNCERTAIN TAX POSITIONS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
KAREN PENNINGTON
EXECUTIVE DIRECTOR$173,250$0$19,413$0$0$0$0$0$0$0$192,663$0$0$0
STEVE TUMPKIN
EMPLOYEE$104,030$0$6,590$0$0$0$0$0$0$0$110,620$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BMANAGEMENT AND AUDIT COMMITTEE CHAIR REVIEWED A DRAFT OF THE FORM 990 AND PROVIDED EDITS TO THE TAX PREPARER. AFTER THIS PROCESS WAS PERFORMED, THE FORM 990 WAS SENT TO THE FULL BOARD OF DIRECTORS PRIOR TO BEING FILED WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CMADISON STRATEGIES GROUP HAS A BOARD-APPROVED CONFLICT OF INTEREST POLICY WHICH BOARD MEMBERS AND KEY OFFICERS ARE REQUIRED TO SUBMIT ON AN ANNUAL BASIS. FOR ANY POTENTIAL OR ACTUAL CONFLICTS OF INTEREST, BOARD MEMBERS MUST DESCRIBE IN DETAIL AND MAKE AVAILABLE ADDITIONAL INFORMATION, IF NECESSARY.
FORM 990, PART VI, SECTION B, LINE 15THE BOARD HAS REVIEWED AND APPROVED THE JOB DESCRIPTION AND SALARY FOR THE EXECUTIVE DIRECTOR AND OTHER OFFICERS.
FORM 990, PART VI, SECTION C, LINE 19MADISON STRATEGIES GROUP HAS AN ANNUAL EXTERNAL AUDIT EACH YEAR, WHICH RESULTS IN PUBLICLY AVAILABLE FINANCIAL STATEMENTS FOR THE FISCAL YEAR. ADDITIONAL GOVERNING DOCUMENTS AND POLICIES ARE MADE AVAILABLE WHEN SPECIFICALLY REQUESTED.
PART XII, LINE 2CNO CHANGE IN PROCESS

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