Madison Area Finishing Contractors Assn

Nonprofit profile at a glance

EIN
263781329
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025, Form 990-N 2023
Location
Sun Prairie, WI, USA
Phone
6082357964
Rating
57
Verdict
MIXED
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Reported finances

Revenue
$72,933
Expenses
$117,915
Assets
$173,566

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • GREG WOLF (President)
  • KURT GROTE (Vice President)

People named in this filing

  • GREG WOLF (President)
  • KURT GROTE (Vice President)
  • RYAN FUHRMANN (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Madison Area Finishing Contractors Association, Inc. serves as a hub for skilled contractors specializing in various finishing services. With a diverse array of members, this association prides itself on fostering community where contractors can share knowledge, techniques, and industry insights. By bringing together professionals from different backgrounds, this organization promotes collaboration and innovation within the finishing industry.Through networking events, workshops and educational programs - equips members with the tools and resources needed to stay abreast of the latest trends of latest trends and advancements in the field. By promoting excellence and craftmanship, this association plays vital role in elevating the standard of finishing work in Madison and beyond. Whether you're a seasoned contractor or just starting in the industry, this association offers a supportive enviroment where professionals can grow and thrive.

What it reported doing in 2025

Through networking events, workshops and educational programs - equips members with the tools and resources needed to stay abreast of the latest trends of latest trends and advancements in the field.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

MIXED - The filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 46
  • Transparency & Controls: 82
  • Sustainability: 28
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73%; rating input score 73
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -61.7%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 1.47; rating input score 58; 58th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -6.5% per year; rating input score 0; 31st percentile among comparable filings
  • Asset growth: -22.9% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 73% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 10/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 58/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.