Overview
What is Madison Turners Inc?
Madison Turners Inc, based in Madison, Wisconsin, is a nonprofit organization with a focus on promoting the well-being of both youth and adults. They achieve this by offering a variety of educational and recreational programs, including gymnastics classes for children and volleyball games for adults. Additionally, they host cultural events to foster intellectual and cultural growth. With a dedicated team of 32 employees, Madison Turners Inc is committed to enriching the lives of its community members through these diverse activities.
Official website here: www.madisonturners.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, earning it a Two-Star out of Four Star rating. This rating indicates that Madison Turners Inc has room for improvement in its accountability and financial practices despite some strong aspects. The organization has a high program expense ratio of 99.31%, suggesting that the majority of its resources are directed towards its programs rather than administrative costs, which is a positive sign for potential donors.
One of the organization's strengths lies in its governance, as it boasts a fully independent board with 100% independent members, reflecting commitment to effective oversight. However, there are several significant gaps in accountability practices, including missing key policies such as conflict of interest and whistleblower protections, which can affect transparency and trustworthiness.
Additionally, the organization lacks financial statements readily available to the public, which is a crucial component for potential donors wanting to assess financial health and operations. While it has no material diversions of assets and a low liabilities-to-assets ratio, the absence of essential governance documents indicates a need for organizational improvement to enhance credibility and donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Madison Turners Inc legitimate?
Madison Turners Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madison Turners Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $38,447
For more financial information, click here
Official website here: www.madisonturners.com/
What is the mission statement of Madison Turners Inc?
Madison Turners Inc, as per its mission, is committed to offering educational opportunities in health and physical fitness for both youth and adults. The organization strives to enhance their intellectual and cultural development through specialized classes. Their primary goal is to promote growth in these areas, thereby contributing to the overall well-being of their members. Their activities include increasing participation in youth gymnastics classes and adult volleyball, as well as organizing cultural events.
Official website here: www.madisonturners.com/
Who is the CEO of Madison Turners Inc?
Paul Wertsch is the President of Madison Turners Inc.
Official website here: www.madisonturners.com/
What is the revenue of Madison Turners Inc?
Madison Turners Inc's revenue in 2023 was $626,766.
Official website here: www.madisonturners.com/
Who are the executives of Madison Turners Inc and what are their salaries?
The average compensation at Madison Turners Inc during 2023 was $1,201. There are 32 employees and 14 volunteers at Madison Turners Inc.
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Official website here: www.madisonturners.com/
Where can I find the form 990 for Madison Turners Inc?
Madison Turners Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.madisonturners.com/
Learn more at the official website: www.madisonturners.com/
Mission Statement of Madison Turners Inc
Madison Turners Inc, as stated in its mission, is committed to fulfilling a fundamental societal responsibility. This responsibility entails establishing educational institutions focused on health, physical education, and personal development for both youth and adults. The organization aims to foster intellectual and cultural growth amongst its members through specialized classes. By providing such an environment, Madison Turners Inc seeks to encourage the holistic development of its community members.
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Impact
July, 2024
Madison Turners Inc has had a significant impact on the community in Madison, Wisconsin. By offering a variety of programs in health and physical education for both youth and adults, the organization has played a key role in promoting the overall well-being and development of individuals in the area. Through their focus on youth gymnastics classes, adult volleyball leagues, and cultural events, Madison Turners Inc has successfully increased membership and encouraged participation in physical activities and cultural experiences. This has not only helped individuals stay active and healthy but has also fostered a sense of community and camaraderie among participants. Overall, Madison Turners Inc has made a positive impact on the community by providing opportunities for learning, growth, and social interaction.
This information is meant to be a general summary of Madison Turners Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $4,950
- Program Service Revenue: $608,041
- Gross Receipts: $626,766
Assets and Liabilities:
- Total Assets: $1,055,174
- Total Liabilities: $23,442
- Net Assets: $1,031,732
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Gymnastics
Revenue
$527,722
Courts
Revenue
$80,319
Organization Details
Founding Year
1859
Phone
(608) 222-4922Principal Officer
Paul Wertsch
Main Address
3001 S Stoughton Rd, Madison, WI, 53716
Website
www.madisonturners.com/NTEE Category
Code: N6XZ - Recreation
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