S — Community Improvement & Capacity BuildingEIN: 391277471· Ruling Year: 1980

Madison Development Corporation

Madison, Wisconsin

B+Health Score
74B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 8 peers in Community Improvement & Capacity Building with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.06×
Peer Median2.76×
💰
$6.4M
Total Revenue
📊
$5.1M
Total Expenses
🏦
$10.5M
Net Assets
📋
$42.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+30.1%
Year-over-year change (2022 → 2023)
Net Margin
+20.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.06
Net assets divided by total expenses
Liabilities-to-Assets
80.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,436,775↑30%$5,094,577↑10%$53,059,209↑59%
2022$4,946,557↓5%$4,624,451$33,284,348↓3%
2021$5,181,232↑19%$4,617,963↑16%$34,294,523↓6%
2020$4,338,400↑3%$3,977,113↑2%$36,487,059↓1%
2019$4,227,572↑15%$3,884,170↑15%$36,888,478↑30%
2018$3,662,868↑22%$3,377,103↑20%$28,473,537↑16%
2017$3,000,837↓8%$2,803,098↑11%$24,529,356↑1%
2016$3,254,162↓7%$2,522,061↑5%$24,285,885↑37%
2015$3,488,256↑99%$2,404,024↑30%$17,672,809↑12%
2014$1,753,773↓5%$1,844,024↑11%$15,776,070↑52%
2013$1,850,299↑18%$1,654,909↑6%$10,364,417↑7%
2012$1,570,333↓7%$1,561,740↓13%$9,688,564↓7%
2011$1,694,662$1,801,835$10,446,843

Frequently Asked Questions

What does Madison Development Corporation do?▼

Madison Development Corporation is a community improvement & capacity building nonprofit organization based in Wisconsin. It is classified under NTEE code S300 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Madison Development Corporation financially healthy?▼

Based on our 9-metric Financial Health Score model, Madison Development Corporation has a score of 74/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Madison Development Corporation generate?▼

Madison Development Corporation reports $12.2M in annual revenue and holds $63.3M in total assets, based on IRS filings.

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Madison Development Corporation — Madison, WI | GiveScope