MADISON VILLAGE FOR ADVANCED ENTREPRENEURSHIP INC (EIN 854214868) - Form 990 Financial Analysis & Trantor Score

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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

2020

Legal Domicile

Principal Officer

DREW JONES

Phone

6785172615

Tax Period

2024-01-01 to 2024-12-31

MADISON VILLAGE FOR ADVANCED ENTREPRENEURSHIP INC, founded in 2020, is a small nonprofit in the Community Improvement sector that reported $381K in total revenue in fiscal year 2024. The organization ran a surplus of $302K, a strong 79% operating margin.

Mission

THE WHEELHOUSE OPENED UP AN ENTREPRENEURIAL SPACE CALLED THE HUB WHERE MENTORS AND MENTEES CAN COLLABORATE TOGETHER. THE WHEELHOUSE ALSO HAD SCHEDULED GET-TOGETHERS CALLED COFFEE & CONVERSATION WHERE NEW ENTREPRENEURS AND EXPERIENCED ENTREPRENEURS BRAINSTORM AND DISCUSS OPTIONS FOR CREATING AND SUSTAINING NEW BUSINESSES IN MADISON.

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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 $380,784

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $380,784

Expense Breakdown

Grants Paid $0

Salaries & Benefits $29,167

Fundraising Expenses $1,782

Program Expenses $62,463

Other Expenses $49,896

TOTAL EXPENSES $79,063

Year-over-Year Comparison

	2024	2023	Change
Revenue	$380,784	N/A	N/A
Expenses	$79,063	N/A	N/A
Net Income	$301,721	N/A	N/A

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

N/A

Employees

N/A

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

$29,167

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELLE EDWARDS	Executive Dir.	40.00	Officer	$29,167	$0	$29,167
DREW JONES	President	4.00	Director	$0	$0	$0
BROOKS PENNINGTON IV	Director	4.00	Director	$0	$0	$0
JIM MALANOWSKI	Director	4.00	Director	$0	$0	$0
ANNIE BURRIS	Director	4.00	Director	$0	$0	$0
STAN ASHLEY	Director	4.00	Director	$0	$0	$0
BOB MACKEY	Director	4.00	Director	$0	$0	$0
CARRIE PETERS-REID	Director	4.00	Director	$0	$0	$0
SHERRY ALEXANDER	Director	4.00	Director	$0	$0	$0
BECKY THOMPSON	Director	4.00	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	$380,784	$79,063	$303,648	$301,721

MADISON VILLAGE FOR ADVANCED ENTREPRENEURSHIP INC