GREATER MADISON AREA SOCIETY FOR H… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1993

Legal Domicile

Principal Officer

LAURA BERMUDO

Phone

6082049814

Tax Period

2024-07-01 to 2025-06-30

GREATER MADISON AREA SOCIETY FOR HUMAN RESOURCE MANAGEMENT INC, founded in 1993, is a small nonprofit that reported $203K in total revenue in fiscal year 2024.

Mission

TO OFFER MEMBERS A VARIETY OF PROFESSIONAL DEVELOPMENT OPPORTUNITIES AND AN ENVIRONMENT IN WHICH TO SHARE IDEAS, EXPERIENCES, AND BUILD LASTING RELATIONSHIPS.

Program Service Accomplishments

Program 1

THE SOCIETY HOSTS FIVE MONTHLY PROGRAMS, THIRTY ROUNDTABLES, TEN NETWORKING OPPORTUNITIES AND ONE ANNUAL CONFERENCE THAT PROVIDE TRAINING AND PROFESSIONAL DEVELOPMENT FOR INDIVIDUALS IN THE HUMAN...

THE SOCIETY HOSTS FIVE MONTHLY PROGRAMS, THIRTY ROUNDTABLES, TEN NETWORKING OPPORTUNITIES AND ONE ANNUAL CONFERENCE THAT PROVIDE TRAINING AND PROFESSIONAL DEVELOPMENT FOR INDIVIDUALS IN THE HUMAN RESOURCES PROFESSION. TOPICS INCLUDE LEADERSHIP DEVELOPMENT, COMPENSATION, RECRUITMENT, TRENDS, AND LEGAL UPDATES.

Program 2

THE SOCIETY'S TEAM OF VOLUNTEERS PUBLISHES A MONTHLY NEWSLETTER THAT SUPPORTS OUR MISSION TO MAKE OUR MEMBERS SUCCESSFUL BY BUILDING CONNECTIONS TO KNOWLEDGE, IDEAS, RELATIONSHIPS, AND MARKETPLACES. THE ELECTRONIC PUBLICATION IS SENT TO ALL OF THE SOCIETY MEMBERS, WHICH NUMBERS ABOUT 700.

Program 3

THE SOCIETY PUBLISHES AN ANNUAL COMPENSATION SURVEY. THE COMPENSATION SURVEY COVERS OVER 200 BENCHMARK JOBS ACROSS MULTIPLE INDUSTRIES AND PROVIDES CRITICAL COMPENSATION DATA TO MEET THE NEEDS OF ALL...

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $28,590

Program Service Revenue $132,888

Investment Income $7,734

Other Revenue $33,837

TOTAL REVENUE $203,049

Expense Breakdown

Grants Paid $1,500

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $196,670

TOTAL EXPENSES $198,170

Year-over-Year Comparison

	2024	2023	Change
Revenue	$203,049	$200,193	+0.0%
Expenses	$198,170	$203,709	0.0%
Net Income	$4,879	$-3,516	-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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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
LAURA BERMUDO	PRESIDENT	2.00	Officer Director	$0	$0	$0
DANA DENNY	IMMEDIATE PAST PRESIDENT	2.00	Officer Director	$0	$0	$0
ASHLEY KOWALCHUK	PRESIDENT ELECT	2.00	Officer Director	$0	$0	$0
CARRIE FALK	VP OF COMMUNICATIONS	2.00	Officer Director	$0	$0	$0
WANDA MANNING	VP OF PROGRAMMING	2.00	Officer Director	$0	$0	$0
SUSAN GAFNER	VP OF FINANCE	2.00	Officer Director	$0	$0	$0
JOANNA VANDERPOEL	VP OF COMMUNITY OUTREACH	2.00	Officer Director	$0	$0	$0
KYLE VON RUDEN	VP OF MEMBERSHIP	2.00	Officer Director	$0	$0	$0
AMBAR AGUIRRE SANCHEZ	DIRECTOR	2.00	Director	$0	$0	$0
KYLE BORGARDT	DIRECTOR	2.00	Director	$0	$0	$0
BRIAN BORKOVEC	DIRECTOR	2.00	Director	$0	$0	$0
ANITA HERRICK	DIRECTOR	2.00	Director	$0	$0	$0
JANEL KALISH	DIRECTOR	2.00	Director	$0	$0	$0
SHANNON MURPHY	DIRECTOR	2.00	Director	$0	$0	$0
RAJ RAVI	DIRECTOR	2.00	Director	$0	$0	$0
LISA RUSCH	DIRECTOR	2.00	Director	$0	$0	$0
MARY VESELY	DIRECTOR	2.00	Director	$0	$0	$0
ANDREA WYANT	DIRECTOR	2.00	Director	$0	$0	$0
MAI XIONG	DIRECTOR	2.00	Director	$0	$0	$0
ELISE ZIELICKE	DIRECTOR	2.00	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
2025	$203,049	$198,170	$299,237	$4,879
2024	$200,193	$203,709	$301,781	$-3,516

GREATER MADISON AREA SOCIETY FOR HUMAN RESOURCE MANAGEMENT INC