Marquette Neighborhood Association
Nonprofit profile at a glance
- EIN
- 201926852
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024, Form 990-EZ 2020
- Location
- Madison, WI, USA
- Phone
- 6083325889
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $104,508
- Expenses
- $100,237
- Assets
- $174,584
- Liabilities
- $18,693
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- Marlisa Kopenski Condon (President)
- Eric Hamilton (Vice President)
People named in this filing
- Marlisa Kopenski Condon (President)
- Jennifer Plants (Director)
- Eric Hamilton (Vice President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To improve the neighborhood through citizen involvement and participation utilizing all appropriate means including: 1 Foreseeing and calling attention to emerging trends and problems before they reach crisis proportions. 2 Serving as the neighborhoods voice for those policies and programs that improve the health, safety and well being of the neighborhood, for both its residents and the community as a whole. 3 Providing means for widespread study and discussion of all pertinent issues and questions. 4 Educating citizens, members and non-members, in the processes, problems and potentials relating to the neighborhoods development and the importance of preserving the neighborhoods rich history going back over 150 years. 5 Fostering neighborhood interest and participation in community issues. 6 Generating and sustaining a spirit of neighborhood and community among area residents. 7 Recognizing the special relationship between the Wil-Mar Neighborhood Center and MNA and encouraging particip
What it reported doing in 2024
The marquette waterfront and orton park festivals are the most visable and well attended activities of mna. These music and art festivals span 6 days over 2 weekends and draw thousands of people from the neighborhood and well beyond. The festivals are the primary fundraiser for mna and proceeds allow it to support a wide variety of programs and initiatives in the community. These free annual cultural events highlight the dynamic nature of the marquette neighborhood, build a true feeling of community and showcase the activities of mna. They are part of the fabric of the neighborhood and provide diverse family friendly entertainment. The festivals are planned, produced and carried out exclusively by neighborhodd volunteers.
Operating model
- Revenue model
- Other-operating. 87% of the money available for current operations came from other operating revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 46% for direct work, and 54% for grants.
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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 93
- Accountability: 88
- Sustainability: 51
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.2%; rating input score 80
- Program expense ratio: 83.5%; rating input score 84
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 4.1%; rating input score 49; 49th percentile among comparable filings
- Total-asset coverage ratio: 1.74; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: 0.11; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 1% per year; rating input score 100; 35th percentile among comparable filings
- Revenue growth: 3.6% per year; rating input score 100; 45th percentile among comparable filings
- Asset growth: 6.7% per year; rating input score 100; 54th percentile among comparable filings
Details
- Where the money goes: 80.2% of revenue deployed · 83.5% of spending went to programs
- Governance: 12 of 12 board members independent · 5 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $84K in reported program spending
- Leadership: top reported pay $0 · 14 people listed
- Consistency: 19 of 19 current checks pass
- Schedules: 4 filed schedules · includes grants
- Filing history: 6 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Sustainability: Operating margin scored 49/100.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- High — Sustainability: Liabilities to assets ratio scored 26/100.