Madison Nordic Ski Club
EIN: 464229145 · Madison, WI · NTEE: N68
| Metric | Value |
|---|---|
| Total Revenue | $136K |
| Total Expenses | $107K |
| Net Assets | $54K |
Is Madison Nordic Ski Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Madison Nordic Ski Club
Madison Nordic Ski Club (EIN: 464229145) is a nonprofit organization based in Madison, WI, classified under NTEE code N68. The organization reported total revenue of $136K and total assets of $64K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Madison Nordic Ski Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Madison Nordic Ski Club is a small nonprofit that has been operating for 11 years, with 7 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 18.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $94K |
| Total Expenses | $107K |
| Surplus / Deficit | $-13,572 |
| Total Assets | $54K |
| Net Assets | $54K |
| Operating Margin | -14.5% |
| Months of Reserves | 6.0 months |
Financial Health Grade: B
In 2023, Madison Nordic Ski Club reported a deficit of $14K with expenses exceeding revenue, holds 6.0 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2014–2023), Madison Nordic Ski Club's revenue has grown at a compound annual growth rate (CAGR) of 18.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.4% | +10.6% | -20.1% |
| 2022 | -21.8% | -5.2% | -1.4% |
| 2021 | +58.8% | +59.8% | +43.0% |
| 2020 | +24.2% | +73.4% | +38.7% |
| 2019 | +318.2% | +171.0% | +222.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Madison Nordic Ski Club has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Madison Nordic Ski Club with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $14K, with expenses exceeding revenue.
Frequently Asked Questions about Madison Nordic Ski Club
Is Madison Nordic Ski Club a legitimate charity?
Madison Nordic Ski Club (EIN: 464229145) is a registered tax-exempt nonprofit based in Wisconsin. It has 7 years of IRS 990 filings on record. Total revenue: $136K. No red flags identified. Financial health grade: B.
How does Madison Nordic Ski Club spend its money?
Madison Nordic Ski Club reported $136K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Madison Nordic Ski Club tax-deductible?
Madison Nordic Ski Club is registered as a tax-exempt nonprofit (EIN: 464229145). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Madison Nordic Ski Club located?
Madison Nordic Ski Club is headquartered in Madison, Wisconsin and files with the IRS under EIN 464229145. It is classified under NTEE code N68.
How many years of IRS 990 filings does Madison Nordic Ski Club have?
Madison Nordic Ski Club has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $136K in total revenue.
Filing History
IRS 990 filing history for Madison Nordic Ski Club showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2014–2023), Madison Nordic Ski Club's revenue has grown by 348.4%, moving from $21K to $94K. Total assets increased by 472.5% over the same period, from $9K to $54K. Total functional expenses rose by 444.5%, from $20K to $107K. In its most recent filing year (2023), Madison Nordic Ski Club reported a deficit of $14K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $94K | $107K | $54K | $0 | — | View 990 |
| 2022 | $96K | $97K | $68K | $0 | — | View 990 |
| 2021 | $123K | $102K | $68K | $0 | — | View 990 |
| 2020 | $77K | $64K | $48K | $0 | — | — |
| 2019 | $62K | $37K | $35K | $0 | — | View 990 |
| 2015 | $15K | $14K | $11K | $0 | — | View 990 |
| 2014 | $21K | $20K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $94K, expenses of $107K, and assets of $54K (revenue -2.4% year-over-year).
- 2022: Revenue of $96K, expenses of $97K, and assets of $68K (revenue -21.8% year-over-year).
- 2021: Revenue of $123K, expenses of $102K, and assets of $68K (revenue +58.8% year-over-year).
- 2020: Revenue of $77K, expenses of $64K, and assets of $48K (revenue +24.2% year-over-year).
- 2019: Revenue of $62K, expenses of $37K, and assets of $35K (revenue +318.2% year-over-year).
- 2015: Revenue of $15K, expenses of $14K, and assets of $11K (revenue -28.8% year-over-year).
- 2014: Revenue of $21K, expenses of $20K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Madison Nordic Ski Club:
Data Sources and Methodology
This transparency report for Madison Nordic Ski Club is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.