Mad-city Ski Team is a 501(c)(3) organization based in Madison, Wisconsin, registered in 1998, with $170,431 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$170K
▲ 19.9% vs prior year
Recreation median: $129K
Expenses (FY2024)
$113K
Net assets
$96K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Mad-city Ski Team— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mad-city Ski Team: 10 mo reserves · +34% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Mad-city Ski Team— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mad-city Ski Team: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $102K (FY2013) to $170K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
33.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$116K
Total liabilities
$20K
Net assets
$96K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $170,431▲19.9% | $113,203▼8.1% | $96,259▲147% | $116,039▲39.3% | 990 |
| 2023 | $142,175▲61.6% | $123,158▼4.9% | $39,030▲95.0% | $83,282▼33.9% | 990 |
| 2022 | $88,000▲25.0% | $129,567▲18.0% | $20,013▼67.5% | $125,962▲8.0% | 990 |
| 2021 | $70,405▲46.0% | $109,777▲63.6% | $61,579▼39.0% | $116,613▲15.5% | 990 |
| 2020 | $48,233▼44.5% | $67,117▼45.0% | $100,950▼15.8% | $100,950▼39.7% | 990 |
| 2019 | $86,841▼27.3% | $122,100▲9.8% | $119,834▼22.7% | $167,318▼34.6% | 990 |
| 2018 | $119,443▼13.7% | $111,170▲10.5% | $155,093▲5.6% | $255,934▲26.3% | 990 |
| 2017 | $138,457▲3.2% | $100,566▼11.0% | $146,819▲34.8% | $202,563▼1.3% | 990 |
| 2016 | $134,225▲3.6% | $113,000▲34.5% | $108,928▲24.2% | $205,282▲43.0% | 990 |
| 2015 | $129,527▲35.1% | $84,033▼3.8% | $87,703▲108% | $143,578▲13.5% | 990 |
| 2014 | $95,876▼6.2% | $87,391▲9.1% | $42,209▲25.2% | $126,505▼9.5% | 990 |
| 2013 | $102,190 | $80,087▲14.8% | $33,724▲190% | $139,724▲29.2% | 990 |
| 2012 | — | $69,769▼2.8% | $11,621▼3.5% | $108,145▲7.1% | 990 |
| 2011 | — | $71,806 | $12,042 | $100,965 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
5 grants to Mad-city Ski Team totaling $47K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Thrivent Financial For Lutherans | General support | 2020 | $10,000 |
| Thrivent Financial For Lutherans | General support | 2018 | $6,985 |
| Thrivent Financial For Lutherans | General support | 2017 | $10,070 |
| Thrivent Financial For Lutherans | General support | 2016 | $14,258 |
| The Blackbaud Giving Fund | Charitable | 2016 | $6,000 |
Explore more
Data for Mad-city Ski Team (EIN 39-1821137) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.