Marquette Neighborhood Association

EIN: 201926852 501(c)(3) Community Improvement

Madison, WI

Total Revenue
$66,719
Total Expenses
$81,991
Total Assets
$168,208
Net Assets
$151,620
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Legal Domicile
WI
Principal Officer
ELLE GREVSTAD
Phone
6083325889
Tax Period
2023-10-01 to 2024-09-30

Marquette Neighborhood Association is a micro nonprofit in the Community Improvement sector that reported $67K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Expenses of $82K exceeded revenue, resulting in a 23% operating deficit.

Mission

To improve the neighborhood through citizen involvement and participation utilizing all appropriate means including: 1 Foreseeing and calling attention to emerging trends and problems before they reach crisis proportions. 2 Serving as the neighborhoods voice for those policies and programs that improve the health, safety and well being of the neighborhood, for both its residents and the community as a whole. 3 Providing means for widespread study and discussion of all pertinent issues and questions. 4 Educating citizens, members and non-members, in the processes, problems and potentials relating to the neighborhoods development and the importance of preserving the neighborhoods rich history going back over 150 years. 5 Fostering neighborhood interest and participation in community issues. 6 Generating and sustaining a spirit of neighborhood and community among area residents. 7 Recognizing the special relationship between the Wil-Mar Neighborhood Center and MNA and encouraging particip

Program Service Accomplishments

Program 1
Expenses: $48,481

MNA contributes both time and resources to supporting youth programs in the neighborhood. These activities include a scholarship program for high school seniors looking at advanced education and...

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MNA contributes both time and resources to supporting youth programs in the neighborhood. These activities include a scholarship program for high school seniors looking at advanced education and directly supporting the schools in the neighborhood by providing funding for teacher needs. In addition, MNA supported various local neighborhood enhancement projects.

Program 2
Expenses: $25,000

Annual support of the community-building mission of the Wil-Mar Neighborhood center, which offers services to families and individual neighbors, including child care, meeting spaces, fitness and...

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Annual support of the community-building mission of the Wil-Mar Neighborhood center, which offers services to families and individual neighbors, including child care, meeting spaces, fitness and well-being classes for all ages, food pantries and community meals, and senior citizen activities.

Program 3
Revenue: $49,127

THE MARQUETTE WATERFRONT AND ORTON PARK FESTIVALS ARE THE MOST VISABLE AND WELL ATTENDED ACTIVITIES OF MNA. THESE MUSIC AND ART FESTIVALS SPAN 6 DAYS OVER 2 WEEKENDS AND DRAW THOUSANDS OF PEOPLE FROM...

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THE MARQUETTE WATERFRONT AND ORTON PARK FESTIVALS ARE THE MOST VISABLE AND WELL ATTENDED ACTIVITIES OF MNA. THESE MUSIC AND ART FESTIVALS SPAN 6 DAYS OVER 2 WEEKENDS AND DRAW THOUSANDS OF PEOPLE FROM THE NEIGHBORHOOD AND WELL BEYOND. THE FESTIVALS ARE THE PRIMARY FUNDRAISER FOR MNA AND PROCEEDS ALLOW IT TO SUPPORT A WIDE VARIETY OF PROGRAMS AND INITIATIVES IN THE COMMUNITY. THESE FREE ANNUAL CULTURAL EVENTS HIGHLIGHT THE DYNAMIC NATURE OF THE MARQUETTE NEIGHBORHOOD, BUILD A TRUE FEELING OF COMMUNITY AND SHOWCASE THE ACTIVITIES OF MNA. THEY ARE PART OF THE FABRIC OF THE NEIGHBORHOOD AND PROVIDE DIVERSE FAMILY FRIENDLY ENTERTAINMENT. THE FESTIVALS ARE PLANNED, PRODUCED AND CARRIED OUT EXCLUSIVELY BY NEIGHBORHODD VOLUNTEERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $16,608
Program Service Revenue $0
Investment Income $984
Other Revenue $49,127
TOTAL REVENUE $66,719

Expense Breakdown

Grants Paid $40,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $73,481
Other Expenses $41,991
TOTAL EXPENSES $81,991

Year-over-Year Comparison

2023 2022 Change
Revenue $66,719 $80,800 -0.2%
Expenses $81,991 $69,696 +0.2%
Net Income $-15,272 $11,104 -2.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
120

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Marlisa Kopenski Condon President 5.00
Officer Director
$0 $0 $0
Lance Lattimer Director 5.00
Director
$0 $0 $0
Deven McGlenn Director 5.00
Director
$0 $0 $0
Jennifer Plants Director 5.00
Director
$0 $0 $0
Eric Hamilton Vice President 5.00
Officer Director
$0 $0 $0
COURTNEY LINDL Secretary 5.00
Officer Director
$0 $0 $0
KATE ALLEN RUBIN Director 5.00
Director
$0 $0 $0
CAILEY JAMISON Director 5.00
Director
$0 $0 $0
WYNONA PYRTEL Director 5.00
Director
$0 $0 $0
MIKE KOHN - END MAY 2024 Director 5.00
Director
$0 $0 $0
ELLE GREVSTAD - START JANUARY 2024 Treasurer 5.00
Officer Director
$0 $0 $0
NOAH SALATA - START JANUARY 2024 Director 5.00
Director
$0 $0 $0
LINDSAY MARLOVITS - START MAY 2024 Director 5.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $66,719 $81,991 $168,208 $-15,272
2023 $80,800 $69,696 $183,231 $11,104
2022 $73,496 $54,175 $162,581 $19,321
2019 $94,050 $86,598 $135,781 $7,452
2018 $80,558 $71,234 $116,386 $9,324
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