Madison Packer Backers Inc
EIN: 237420056 · Madison, WI
| Metric | Value |
|---|---|
| Total Revenue | $151K |
| Total Expenses | $125K |
| Net Assets | $79K |
Is Madison Packer Backers Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Madison Packer Backers Inc
Madison Packer Backers Inc (EIN: 237420056) is a nonprofit organization based in Madison, WI. The organization reported total revenue of $151K and total assets of $101K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Madison Packer Backers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Madison Packer Backers Inc is a small nonprofit that has been operating for 51 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $129K |
| Total Expenses | $125K |
| Surplus / Deficit | +$4K |
| Total Assets | $79K |
| Net Assets | $79K |
| Operating Margin | 2.9% |
| Months of Reserves | 7.6 months |
Financial Health Grade: A
In 2024, Madison Packer Backers Inc reported a surplus of $4K with revenue exceeding expenses, holds 7.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Madison Packer Backers Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +1.6% | +1.4% | +5.1% |
| 2023 | -7.2% | -2.4% | +5.0% |
| 2022 | +1128.2% | +546.8% | +16.8% |
| 2021 | -92.1% | -86.1% | -12.1% |
| 2020 | +7.5% | +4.3% | +0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1975 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Madison Packer Backers Inc 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 Packer Backers Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
Frequently Asked Questions about Madison Packer Backers Inc
Is Madison Packer Backers Inc a legitimate charity?
Madison Packer Backers Inc (EIN: 237420056) is a registered tax-exempt nonprofit based in Wisconsin. It has 13 years of IRS 990 filings on record. Total revenue: $151K. No red flags identified. Financial health grade: A.
How does Madison Packer Backers Inc spend its money?
Madison Packer Backers Inc reported $151K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Madison Packer Backers Inc tax-deductible?
Madison Packer Backers Inc is registered as a tax-exempt nonprofit (EIN: 237420056). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Madison Packer Backers Inc located?
Madison Packer Backers Inc is headquartered in Madison, Wisconsin and files with the IRS under EIN 237420056.
How many years of IRS 990 filings does Madison Packer Backers Inc have?
Madison Packer Backers Inc has 13 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 $151K in total revenue.
Filing History
IRS 990 filing history for Madison Packer Backers Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Madison Packer Backers Inc's revenue has declined by 5.8%, moving from $137K to $129K. Total assets decreased by 21.4% over the same period, from $101K to $79K. Total functional expenses fell by 9.9%, from $139K to $125K. In its most recent filing year (2024), Madison Packer Backers Inc reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $129K | $125K | $79K | $0 | — | View 990 |
| 2023 | $127K | $123K | $75K | $0 | — | — |
| 2022 | $137K | $127K | $72K | $0 | — | View 990 |
| 2021 | $11K | $20K | $61K | $0 | — | View 990 |
| 2020 | $142K | $141K | $70K | $0 | — | View 990 |
| 2019 | $132K | $135K | $69K | $0 | — | View 990 |
| 2018 | $135K | $184K | $73K | $0 | — | View 990 |
| 2017 | $137K | $132K | $122K | $0 | — | View 990 |
| 2016 | $122K | $122K | $118K | $0 | — | View 990 |
| 2015 | $128K | $105K | $117K | $0 | — | View 990 |
| 2014 | $127K | $140K | $95K | $0 | — | View 990 |
| 2013 | $133K | $126K | $108K | $0 | — | View 990 |
| 2012 | $137K | $139K | $101K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $129K, expenses of $125K, and assets of $79K (revenue +1.6% year-over-year).
- 2023: Revenue of $127K, expenses of $123K, and assets of $75K (revenue -7.2% year-over-year).
- 2022: Revenue of $137K, expenses of $127K, and assets of $72K (revenue +1128.2% year-over-year).
- 2021: Revenue of $11K, expenses of $20K, and assets of $61K (revenue -92.1% year-over-year).
- 2020: Revenue of $142K, expenses of $141K, and assets of $70K (revenue +7.5% year-over-year).
- 2019: Revenue of $132K, expenses of $135K, and assets of $69K (revenue -2.1% year-over-year).
- 2018: Revenue of $135K, expenses of $184K, and assets of $73K (revenue -1.4% year-over-year).
- 2017: Revenue of $137K, expenses of $132K, and assets of $122K (revenue +12.3% year-over-year).
- 2016: Revenue of $122K, expenses of $122K, and assets of $118K (revenue -4.8% year-over-year).
- 2015: Revenue of $128K, expenses of $105K, and assets of $117K (revenue +0.7% year-over-year).
- 2014: Revenue of $127K, expenses of $140K, and assets of $95K (revenue -4.7% year-over-year).
- 2013: Revenue of $133K, expenses of $126K, and assets of $108K (revenue -2.9% year-over-year).
- 2012: Revenue of $137K, expenses of $139K, and assets of $101K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Madison Packer Backers Inc:
Data Sources and Methodology
This transparency report for Madison Packer Backers Inc 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.