MADISON AREA TECHNICAL COLLEGE FOUNDATION INC: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- MADISON AREA TECHNICAL COLLEGE FOUNDATION INC (EIN 23-7265867)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-02-16
- IRS object ID
- 201500479349301845
- Schema version
- 2013v4.0
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-02-16T15:13:03-06:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390857178 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SMITH & GESTELAND LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1764 | AddressLine1 |
| City | MADISON | City |
| State | WI | State |
| ZIP Code | 53701 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237265867 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MADISON AREA TECHNICAL COLLEGE FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MADI | BusinessNameControlTxt |
| Phone | 6082466441 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3591 ANDERSON STREET NO 203 | AddressLine1 |
| City | MADISON | City |
| State | WI | State |
| ZIP Code | 537042599 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TAMMY THAYER | PersonNm |
| Person Title | CHIEF EXECUTIVE OFFICER | PersonTitleTxt |
| Phone | 6082466441 | PhoneNum |
| Signature | 2015-02-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KEITH H BAUMGARTNER | PreparerPersonNm |
| PTIN | P00187845 | PTIN |
| Phone | 6088367500 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | TAMMY THAYER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3591 ANDERSON STREET NO 203 | AddressLine1 |
| City | MADISON | City |
| State | WI | State |
| ZIP Code | 537042599 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $5,676,949 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HTTP://MATCMADISON.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1973 | FormationYr |
| Legal Domicile State | WI | LegalDomicileStateCd |
| Activity Or Mission | THE FOUNDATION SOLICITS, RECEIVES, MANAGES AND DISTRIBUTES GIFTS FROM ALUMNI, CORPORATIONS, FOUNDATIONS, COMMUNITY ORGANIZATIONS AND OTHER FRIENDS OF THE COLLEGE. THESE GENEROUS GIFTS ENHANCE MADISON COLLEGE'S ABILITY TO PROVIDE AN ACCESSIBLE, HIGH QUALITY EDUCATION TO MEED STUDENT NEEDS AND TO HELP DEVELOP A HIGHLY SKILLED WORKFORCE FOR SOUTHERN WISCONSIN. | ActivityOrMissionDesc |
| Voting Members Governing Body | 17 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 16 | VotingMembersIndependentCnt |
| Total Employee | 9 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,659,974 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,076,218 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $443,924 | PYInvestmentIncomeAmt |
| CY Investment Income | $618,609 | CYInvestmentIncomeAmt |
| PY Other Revenue | $88,583 | PYOtherRevenueAmt |
| CY Other Revenue | $265,207 | CYOtherRevenueAmt |
| PY Total Revenue | $2,192,481 | PYTotalRevenueAmt |
| CY Total Revenue | $2,960,034 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,650,747 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,583,991 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $65,378 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $693,682 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $291,848 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $274,949 | PYOtherExpensesAmt |
| CY Other Expenses | $200,815 | CYOtherExpensesAmt |
| PY Total Expenses | $1,991,074 | PYTotalExpensesAmt |
| CY Total Expenses | $2,478,488 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $201,407 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $481,546 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $11,898,154 | TotalAssetsBOYAmt |
| Total Assets EOY | $12,732,705 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,171,982 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,995,451 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $8,726,172 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $9,737,254 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MADISON AREA TECHNICAL COLLEGE FOUNDATION SOLICITS, RECEIVES, MANAGES AND DISBURSES FUNDS, EQUIPMENT AND OTHER RESOURCES FOR THE BENEFIT OF MADISON AREA TECHNICAL COLLEGE AND ITS STUDENTS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,118,542 | ExpenseAmt |
| Grant | $1,118,542 | GrantAmt |
| Desc | MATC FOUNDATION PROVIDES SCHOLARSHIPS SOLELY FOR STUDENTS OF THE MADISON AREA TECHNICAL COLLEGE.SCHOOL SCHOLARSHIPS: HELP STUDENTS AFFORD ACCESS TO THE COLLEGE AND REWARD ACADEMIC EXCELLENCE. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $62,646 | ExpenseAmt |
| Grant | $62,646 | GrantAmt |
| Desc | STUDENT GRANTS: PROVIDE SMALL AMOUNTS OF FINANCIAL ASSISTANCE TO RETAIN STUDENTS WHO ARE ENROLLED BUT ENCOUNTER FINANCIAL EMERGENCIES FOR WHICH THE STUDENTS DO NOT HAVE OTHER RESOURCES. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $291,196 | ExpenseAmt |
| Grant | $291,196 | GrantAmt |
| Revenue | $265,326 | RevenueAmt |
| Desc | GENERAL PROGRAM SUPPORT: PROVIDES A MARK OF DISTINCTION BY ACQUIRING SUPPLIES, EQUIPMENT, FACILITY ENHANCEMENTS AND PROVIDING OTHER FUNDING FOR COLLEGE PRIORITIES THAT IS NOT AVAILABLE THROUGH THE COLLEGE BUDGET. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $119,749 | ExpenseAmt |
| Grant | $111,607 | GrantAmt |
| Desc | INNOVATION GRANTS: THE MADISON COLLEGE FOUNDATION INNOVATION GRANTS PROGRAM PROVIDES FUNDING TO STUDENTS, FACULTY, AND STAFF FOR THE DEVELOPMENT AND IMPLEMENTATION OF HIGH QUALITY PROJECTS THAT SUPPORT COLLEGE GOALS AND/OR THE COLLEGE MISSION. FOUNDATION INNOVATION GRANTS FINANCE PROJECTS NOT NORMALLY FUNDED BY THE COLLEGE BUDGET OR OTHER SOURCES. EVIDENCE MUST BE PROVIDED THAT THE PROPOSED PROJECT IS LINKED TO A UNIT PLAN OR OTHER COLLEGE INITIATIVE AND HAS BEEN DISCUSSED WITH APPROPRIATE DEPARTMENT LEADERSHIP. MORE THAN $250,000 IN FUNDING HAS BEEN PROVIDED TO OVER 100 PROJECTS SINCE THE GRANTS PROGRAM WAS ESTABLISHED IN 1999. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $119,749 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $111,607 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $1,592,133 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 10 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 9 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Form1098 C Filed | Yes (1) | Form1098CFiledInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 17 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 16 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARY C SMITH | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6086163521 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3591 ANDERSON ST | AddressLine1 |
| City | MADISON | City |
| State | WI | State |
| ZIP Code | 53704 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| JACK DANIELS | ||||||
| EX OFFICIO | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LARRY BARTON | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ASHOK BHARGAVA | ||||||
| PRESIDENT | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| DAVID J DEAN | ||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |
| GORDON DERZON | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| PAM DRUHAN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LAU CHRISTENSEN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DIANNE REDSTEN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JANET HARTUNG RENFERT | ||||||
| TREASURER | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| JIM RIORDAN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ROBIN ROBERTS | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CAROLYN STONER | ||||||
| EX OFFICIO | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MARY STRICKLAND | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BOB TERCEK | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BETTSEY BARHORST PART YEAR | ||||||
| EX OFFICIO | 10.00 | Yes (X) | $0 | $265,037 | $27,987 | Yes (X) |
| SUSAN LABELLE | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID VILLA | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LISA WOERPEL | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ROBERT DINNDORF | ||||||
| EXECUTIVE DIRECTOR PHILANTHROPY | 40.00 | $60,096 | $74,969 | $22,142 | Yes (X) | |
| TAMMY THAYER | ||||||
| CHIEF EXECUTIVE OFFICER | 40.00 | $116,215 | $53,107 | $9,877 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $176,311 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $393,113 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $60,006 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $51,882 | FundraisingAmt |
| All Other Contributions | $2,024,336 | AllOtherContributionsAmt |
| Noncash Contributions | $111,607 | NoncashContributionsAmt |
| Total Contributions | $2,076,218 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $235,918 | TotalRevenueColumnAmt |
| Exclusion | $235,918 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $373,930 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $218,299 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $155,631 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $155,631 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $155,631 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,863,688 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,480,997 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $382,691 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $382,691 | TotalRevenueColumnAmt |
| Exclusion | $382,691 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $17,500 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $51,882 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $17,619 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$119 | TotalRevenueColumnAmt |
| Exclusion | -$119 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $109,695 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $109,695 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $109,695 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,960,034 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $265,326 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $618,490 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $291,196 | TotalAmt |
| Program Services | $291,196 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,292,795 | TotalAmt |
| Program Services | $1,292,795 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $226,792 | TotalAmt |
| Management And General | $166,696 | ManagementAndGeneralAmt |
| Fundraising | $60,096 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $341,955 | TotalAmt |
| Management And General | $174,552 | ManagementAndGeneralAmt |
| Fundraising | $167,403 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,221 | TotalAmt |
| Management And General | $45,938 | ManagementAndGeneralAmt |
| Fundraising | $28,283 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,714 | TotalAmt |
| Management And General | $30,428 | ManagementAndGeneralAmt |
| Fundraising | $20,286 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,105 | TotalAmt |
| Management And General | $8,105 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,500 | TotalAmt |
| Management And General | $23,500 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,266 | TotalAmt |
| Management And General | $76,266 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,146 | TotalAmt |
| Management And General | $12,146 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,300 | TotalAmt |
| Fundraising | $5,300 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,142 | TotalAmt |
| Program Services | $8,142 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,789 | TotalAmt |
| Management And General | $15,789 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,467 | TotalAmt |
| Management And General | $8,467 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,037 | TotalAmt |
| Management And General | $2,037 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|
| CONTRACTUAL SERVICES | $10,712 | $10,712 | |
| PROFESSIONAL FEES | $8,800 | $8,800 | |
| DUES AND SUBSCRIPTIONS | $8,560 | $8,560 | |
| GENERAL FUNDRAISING | $5,689 | $5,689 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,302 | TotalAmt |
| Management And General | $2,511 | ManagementAndGeneralAmt |
| Fundraising | $4,791 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,478,488 | TotalAmt |
| Program Services | $1,592,133 | ProgramServicesAmt |
| Management And General | $594,507 | ManagementAndGeneralAmt |
| Fundraising | $291,848 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $549,838 | BOYAmt |
| EOY | $495,190 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $273,761 | BOYAmt |
| EOY | $125,425 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $600 | BOYAmt |
| EOY | $466 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $200 | BOYAmt |
| EOY | $7,128 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $4,274,905 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $165,432 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,176,655 | BOYAmt |
| EOY | $4,109,473 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,718,467 | BOYAmt |
| EOY | $7,771,711 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,974 | BOYAmt |
| EOY | $2,762 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $175,659 | BOYAmt |
| EOY | $220,550 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,898,154 | BOYAmt |
| EOY | $12,732,705 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,435 | BOYAmt |
| EOY | $77,484 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,492 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,068,055 | BOYAmt |
| EOY | $2,917,967 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,171,982 | BOYAmt |
| EOY | $2,995,451 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $909,697 | BOYAmt |
| EOY | $1,226,679 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,381,595 | BOYAmt |
| EOY | $4,801,072 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,434,880 | BOYAmt |
| EOY | $3,709,503 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,726,172 | BOYAmt |
| EOY | $9,737,254 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,898,154 | BOYAmt |
| EOY | $12,732,705 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $481,546 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $529,536 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,757,524 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,675,860 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,718,188 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,659,974 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,014,771 | CurrentTaxYearAmt |
| Total | $8,826,317 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,757,524 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,675,860 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,718,188 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,659,974 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,014,771 | CurrentTaxYearAmt |
| Total | $8,826,317 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $143,331 | SubstantialContributorsTotAmt |
| Public Support Total170 | $8,682,986 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $120,653 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $197,609 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $206,403 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $587,237 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $609,848 | CurrentTaxYearAmt |
| Total | $1,721,750 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $10,548,067 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $166,213 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.82320 | PublicSupportCY170Pct |
| Public Support PY170 | 0.85360 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,676,219 | BeginningYearBalanceAmt |
| Contributions | $385,554 | ContributionsAmt |
| Investment Earnings Or Losses | $737,004 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $229,111 | OtherExpendituresAmt |
| End Year Balance | $5,569,666 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,502,909 | BeginningYearBalanceAmt |
| Contributions | $127,688 | ContributionsAmt |
| Investment Earnings Or Losses | $240,458 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $194,836 | OtherExpendituresAmt |
| End Year Balance | $4,676,219 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,271,852 | BeginningYearBalanceAmt |
| Contributions | $262,718 | ContributionsAmt |
| Investment Earnings Or Losses | $129,003 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $160,664 | OtherExpendituresAmt |
| End Year Balance | $4,502,909 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,133,237 | BeginningYearBalanceAmt |
| Contributions | $474,172 | ContributionsAmt |
| Investment Earnings Or Losses | $787,500 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $4,394,909 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,364,081 | BeginningYearBalanceAmt |
| Contributions | $281,081 | ContributionsAmt |
| Investment Earnings Or Losses | $488,075 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $3,133,237 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.02100 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.66600 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.31300 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $962,219 | OtherCostOrOtherBasisAmt |
| Book Value | $962,219 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,295,413 | OtherCostOrOtherBasisAmt |
| Depreciation | $165,432 | DepreciationAmt |
| Book Value | $3,129,981 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $17,273 | OtherCostOrOtherBasisAmt |
| Book Value | $17,273 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $4,109,473 | TotalBookValueLandBuildingsAmt |
| Total Rev Etc Audited Fincl Stmt | $3,639,659 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $529,536 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $529,536 | RevenueNotReportedAmt |
| Revenue Subtotal | $3,110,123 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $76,266 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$226,355 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$150,089 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $2,960,034 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,628,577 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $150,089 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $150,089 | ExpensesNotReportedAmt |
| Expenses Subtotal | $2,478,488 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $2,478,488 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | ALL ENDOWMENTS ARE FOR THE PURPOSE OF PROVIDING CONTINUAL FINANCIAL SUPPORT TO THE FOUNDATION TO ALLOW IT TO CONTINUE ENHANCE MADISON COLLEGE'S ABILITY TO PROVIDE AN ACCESSIBLE, HIGH QUALITY EDUCATION TO MEET STUDENT NEEDS AND TO HELP DEVELOP A HIGHLY SKILLED WORKFORCE FOR SOUTHERN WISCONSIN. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSE -17,619. DEPRECIATION AND AMORTIZATION EXPENSE RELAED TO RENTAL ACTIVITY -76,203. INTEREST EXPENSE RELATED TO RENTAL ACTIVITY -142,098. PROVISION FOR UNCOLLECTIBLE PLEDGES 9,565. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENT EXPENSE 17,619. INVESTMENT EXPENSES NETTED WITH GAINS ON FINANCIAL STATEMENTS -76,266. DEPRECIATION AND AMORTIZATION EXPENSE RELATED TO RENTAL ACTIVITY 76,203. INTEREST EXPENSE RELATED TO RENTAL ACTIVITY 142,098. PROVISION FOR UNCOLLECTIBLE PLEDGES -9,565. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | BETTSEY BARHORST TRIBUTE | NameOfEvent1Amt |
| Gross Receipts Event1 | $69,382 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $51,882 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $17,500 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $2,477 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $1,600 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $13,542 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $69,382 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $51,882 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $17,500 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $2,477 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $1,600 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $13,542 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $17,619 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$119 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MADISON AREA TECHNICAL COLLEGE | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3550 ANDERSON STREET | AddressLine1 |
| City | MADISON | City |
| State | WI | State |
| ZIP Code | 53704 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 391067818 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $291,196 | CashGrantAmt |
| Purpose Of Grant | CAPITAL AND SPECIAL PROJECTS | PurposeOfGrantTxt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|---|
| SCHOLARSHIPS | 1706 | $1,118,542 | |||
| STUDENT GRANTS | 161 | $62,646 | |||
| GIFTS-IN-KIND | 0 | $0 | $111,607 | MARKET VALUE | VARIOUS ITEMS TO ASSIST IN INSTRUCTIONS OF STUDENTS, SUCH AS CARS, COMPUTER EQUIPMENT, PROGRAM EQUIPMENT, AND TOYS FOR CHILDREN. |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE SCHOOL COUNSELORS REQUEST GRANTS FOR STUDENTS FROM FOUNDATION DONORS. THE DIRECTOR OF PROCESS AND OPERATIONS IN THE LEARNER DEVELOPMENT CENTER REVIEWS ALL REQUESTS FOR APPROPRIATE NEED AND FINANCIAL AID CRITERIA. IF IT IS DETERMINED THAT THE STUDENT INDEED NEEDS A GRANT, THE REQUEST IS SENT TO THE FOUNDATION ACCOUNTANT TO ISSUE THE CHECK, GAS CARD(S) AND/OR FOOD STORE CARD(S). | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BETTSEY BARHORST PART YEAR | ||||||||||||||
| EX OFFICIO | $0 | $265,037 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $27,987 | $0 | $293,024 | $0 | $0 |
| ROBERT DINNDORF | ||||||||||||||
| EXECUTIVE DIRECTOR PHILANTHROPY | $60,096 | $74,969 | $0 | $0 | $0 | $0 | $0 | $0 | $3,564 | $18,578 | $63,660 | $93,547 | $0 | $0 |
| TAMMY THAYER | ||||||||||||||
| CHIEF EXECUTIVE OFFICER | $116,215 | $53,107 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $9,877 | $116,215 | $62,984 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | SOCIAL CLUB DUES ARE CONSIDERED A MEMBERSHIP EXPENSE FOR THE FOUNDATION. THEY ARE NOT CONSIDERED COMPENSATION. COMPENSATION IS SET BY THE MADISON AREA TECHNICAL COLLEGE BOARD OF TRUSTEES USING ESTABLISHED PRACTICES. THESE PRACTICES GOVERN COMPENSATION OF STAFF ASSIGNED TO FOUNDATION-RELATED WORK. | ExplanationTxt |
Schedule M IRS990ScheduleM
Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt |
|---|---|---|---|
| Yes (X) | EQUIPMENT & S | 28 | $85,341 |
| Yes (X) | OTHER | 20 | $19,766 |
| Yes (X) | AUCTION ITEMS | 39 | $6,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE AUDIT COMMITTEE CHAIRPERSON, AS WELL AS THE CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER, REVIEW FORM 990 BEFORE FILING. THE CHIEF EXECUTIVE OFFICER SIGNS THE RETURN. |
| FORM 990, PART VI, SECTION B, LINE 12C | MADISON AREA TECHNICAL COLLEGE FOUNDATION BOARD AND STAFF MEMBERS ARE OBLIGATED TO ACT IN THE BEST INTEREST OF THE ORGANIZATION. THIS OBLIGATION REQUIRES THAT EMPLOYEES AND BOARD MEMBERS, IN THE PERFORMANCE OF FOUNDATION DUTIES, SEEK ONLY THE FURTHERANCE OF THE MISSION OF MADISON COLLEGE AND ITS RELATED FOUNDATION. AT ALL TIMES, EMPLOYEES AND BOARD MEMBERS ARE PROHIBITED FROM USING THE ORGANIZATION'S NAME OR PROPERTY, FOR PRIVATE PROFIT OR BENEFIT. EACH BOARD MEMBER SHALL SIGN THE CONFLICT OF INTEREST DISCLOSURE POLICY AT THE ANNUAL MEETING EACH YEAR. A. SCOPE-THE OFFICERS, EMPLOYEES, OR AGENTS OF THE FOUNDATION SHOULD NEITHER SOLICIT NOR ACCEPT GRATUITIES, FAVORS, OR ANYTHING OF MONETARY VALUE FROM CONTRACTORS/VENDORS. THIS IS NOT INTENDED TO PRECLUDE BONA-FIDE FUND RAISING-ACTIVITIES OF THE MADISON COLLEGE FOUNDATION. B. RELATIONSHIPS-NO BOARD MEMBER OR STAFF MEMBER OF THE FOUNDATION SHALL PARTICIPATE IN THE SELECTION, AWARD, OR ADMINISTRATION OF A PURCHASE FROM, OR CONTRACT WITH A VENDOR WHERE, TO THE KNOWLEDGE OF THE EMPLOYER OR BOARD MEMBER, ANY OF THE FOLLOWING HAS A FINANCIAL INTEREST IN THAT PURCHASE OR CONTRACT: 1. THE BOARD OR STAFF MEMBER; 2. ANY MEMBER OF THEIR IMMEDIATE FAMILY; 3. THEIR PARTNER; 4. AN ORGANIZATION IN WHICH ANY OF THE ABOVE IS AN OFFICER, DIRECTOR, OR EMPLOYEE; 5. A PERSON OR ORGANIZATION WITH WHOM ANY OF THE ABOVE INDIVIDUALS IS NEGOTIATING OR HAS ANY ARRANGEMEN CONCERNING PROSPECTIVE EMPLOYMENT. C. DISCLOSURE-ANY POSSIBLE CONFLICT OF INTEREST SHALL BE DISCLOSED BY THE PERSON OR PERSONS CONCERNED. D. BOARD ACTION-WHEN A CONFLICT OF INTEREST IS RELEVANT TO A MATTER REQUIRING ACTION BY THE MADISON COLLEGE FOUNDATION BOARD OF DIRECTORS, THE INTERESTED PERSON(S) SHALL CALL IT TO THE ATTENTION OF THE BOARD OF DIRECTORS AND SAID PERSON(S) SHALL NOT VOTE ON THE MATTER. IN ADDITION, THE PERSON(S) SHALL NOT PARTICIPATE IN THE FINAL DELIBERATION OR DECISION REGARDING THE MATTER UNDER CONSIDERATION AND SHALL RETIRE FROM THE ROOM DURING THE VOTE OF THE BOARD OF DIRECTORS. WHEN THERE IS DOUBT ABOUT WHETHER A CONFLICT EXISTS, THE MATTER SHALL BE RESOLVED BY VOTE OF THE BOARD OF DIRECTORS. THE VOTE SHALL EXCLUDE THE PERSON(S) INVOLVED IN THE SEEMING CONFLICT OF INTEREST. E. RECORD OF CONFLICT-THE OFFICIAL MINUTES OF THE BOARD OF DIRECTORS SHALL REFLECT THAT THE CONFLICT OF INTEREST WAS DISCLOSED AND THAT THE INTERESTED PERSON(S) WAS (WERE) NOT PRESENT DURING THE FINAL DISCUSSION OR VOTE AND DID NOT VOTE ON THE MATTER. F. SIGNATURE AND EFFECTIVE DATE-THE UNDERSIGNED AGREES TO ABIDE BY THIS CONFLICT OF INTEREST POLICY. THE DISCLOSURE STATEMENT SHALL BE SIGNED ANNUALLY BY EACH BOARD MEMBER. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE DIRECTOR IS A COLLEGE EMPLOYEE. THE ADMINISTRATIVE SALARY SCHEDULE IS SET BY THE COLLEGE BOARD OF TRUSTEES FOR THE APPROXIMATELY 90 ADMINISTRATORS ON THIS SCHEDULE. |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS ARE MADE AVAILABLE BY CONTACTING THE FOUNDATION OFFICE BY PHONE, EMAIL OR BY MAIL. AN ANNUAL REPORT IS SENT TO ALL DONORS. THE IRS 990 IS AVAILABLE ON OTHER WEBSITES. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS FOR OVERSIGHT OF THE AUDIT HAS NOT CHANGED IN THE PAST YEAR. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MADISON AREA TECHNICAL COLLEGE | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3550 ANDERSON STREET | AddressLine1 |
| City | MADISON | City |
| State | WI | State |
| ZIP Code | 53704 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 391067818 | EIN |
| Primary Activities | EDUCATIONAL ORGANIZATION | PrimaryActivitiesTxt |
| Legal Domicile State | WI | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 2 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (1) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt |
|---|---|
| MADISON AREA TECHNICAL COLLEGE | |
| B | $291,196 |
| MADISON AREA TECHNICAL COLLEGE | |
| C | $18,533 |
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