MISS MADISON INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1951

Legal Domicile

Principal Officer

KYLE BIPES

Tax Period

2024-01-01 to 2024-12-31

MISS MADISON INC, founded in 1951, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 69% from the prior year, signaling strong growth momentum. The organization ran a surplus of $785K, a strong 45% operating margin.

Mission

PROVIDE PUBLICITY AND PROMOTION FOR THE CITY OF MADISON, INDIANA BY PARTICIPATING IN UNLIMITED HYDROPLANE RACING.

Program Service Accomplishments

Program 1

Expenses: $917,090 Revenue: $472,466

PROVIDE PUBLICITY AND PROMOTION FOR THE CITY OF MADISON, INDIANA BY PARTICIPATING IN UNLIMITED HYDROPLANE RACES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $116,000

Program Service Revenue $472,466

Investment Income $1,129,243

Other Revenue $26,434

TOTAL REVENUE $1,744,143

Expense Breakdown

Grants Paid $0

Salaries & Benefits $224,017

Fundraising Expenses $0

Program Expenses $917,090

Other Expenses $734,773

TOTAL EXPENSES $958,790

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,744,143	$1,032,478	+0.7%
Expenses	$958,790	$1,077,926	-0.1%
Net Income	$785,353	$-45,448	-18.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KYLE BIPES	CHAIRMAN	5.00	Officer Director	$0	$0	$0
TONY STEINHARDT	DIRECTOR	1.00	Director	$0	$0	$0
TIM BIPES	TREASURER	2.00	Officer Director	$0	$0	$0
ANDREW FORRESTER	DIRECTOR	1.00	Director	$0	$0	$0
MAYOR BOB COURTNEY	SECRETARY	2.00	Officer 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	$1,744,143	$958,790	$1,348,954	$785,353
2023	$1,032,478	$1,077,926	$505,494	$-45,448
2022	$936,863	$986,999	$524,274	$-50,136
2021	$683,110	$642,966	$610,981	$40,144
2020	$525,490	$433,611	$681,353	$91,879
2019	$886,721	$823,433	$740,328	$63,288
2018	$886,986	$818,062	$973,075	$68,924
2017	$872,004	$706,234	$704,780	$165,770