District Council of Madison Inc
Nonprofit profile at a glance
- EIN
- 390824876
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Madison, WI, USA
- Phone
- 6084427200
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $13,856,964
- Expenses
- $12,209,719
- Assets
- $31,061,943
- Liabilities
- $8,402,333
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- JAMES PORTER (PRESIDENT)
- PATTY BRUNI (VICE PRESIDENT)
- JULIE BENNETT (CEO & EXECUTIVE DIRECTOR)
Highest reported compensation
- JULIE BENNETT (CEO & EXECUTIVE DIRECTOR): $125,355 total reported compensation
- AMY OVERBY (ASSOCIATE EXECUTIVE DIRECT): $116,268 total reported compensation
- ELISHA A SANTIAGO-BARUDIN (SENIOR DIRECTOR, HUMAN RESOURCES): $115,113 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The district council of madison inc., society of st. Vincent de paul is a catholic lay organization in which members join together in friendship to grow spiritually by providing person-to-person services to our neighbors in need.
What it reported doing in 2024
Our seven dane county thrift stores, together with the central processing center that distributes goods to them, provide the largest share of funding for our mission of helping neighbors in need. These funds are the net revenue produced from our stores' sales of donated, gently used goods including clothing, shoes, furniture, housewares, books and more. These goods are received at each store, through home pick-up by our trucking fleet, and collection at several local drop box sites. Our stores also provide direct charity to local people in need through a voucher system; clients who have been interviewed by staff, members or volunteers are able to visit our stores and obtain clothing, furniture, bedding and housewares through the use of vouchers. In this 2024/25 fiscal year, our seven stores provided over $1.7 millon in net revenue to fund our mission of charitable aid. Those stores also gave to people in need -- directly out of store inventory -- clothing providing valued at $522,470, furniture valued at $62,439, new mattresses and portable cribs costing $124,538.
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 87
- Accountability: 95
- Sustainability: 67
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.5%; rating input score 78
- Program expense ratio: 85.8%; rating input score 86
- Fundraising efficiency: $40.94 raised per $1 spent on fundraising; rating input score 72; 72nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.4%; rating input score 94; 22nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 11.9%; rating input score 71; 71st percentile among comparable filings
- Total-asset coverage ratio: 2.54; rating input score 70; 70th percentile among comparable filings
- Liabilities to assets ratio: 0.27; rating input score 50; 50th percentile among comparable filings
- Officer compensation ratio: 3.8%; rating input score 62; 62nd percentile among comparable filings
Growth
- Program expense growth: 6.9% per year; rating input score 100; 55th percentile among comparable filings
- Revenue growth: 6.4% per year; rating input score 100; 55th percentile among comparable filings
- Asset growth: 6.1% per year; rating input score 100; 43rd percentile among comparable filings
Details
- Where the money goes: 77.5% of revenue deployed · 85.8% of spending went to programs
- Governance: 9 of 9 board members independent · 7 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $10.5M in reported program spending
- Leadership: top reported pay $125K · 15 people listed
- Consistency: 35 of 35 current checks pass
- Schedules: 7 filed schedules · includes major donors
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: CEO compensation review process not reported.
- Review — Sustainability: Liabilities to assets ratio scored 50/100.