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Wisconsin · Nonprofit

MADISON DEVELOPMENT CORPORATION

MADISON DEVELOPMENT CORPORATION (Wisconsin) receives grants from 3 organizations whose IRS filings report $16,000 to it, the largest being Greater Green Bay Community Foundation Inc ($10,000). 0 of them have funded it in more than one year, and 63% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

$12M
Revenue FY2025
3
Funders on record
$16k
Grants received
$17M
Net assets
0/3 repeat funderspeak grant-dependency 0%

Against its field

MADISON DEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 276 community improvement nonprofits its size.

Operating margin46% · top quartile
Months of reserve11.3mo · top quartile
Revenue growth (annualized)19% · top quartile

this organization peer median middle 50% of peers· 276 community improvement nonprofits $10M–$100M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($3.0M) Expenses 100 ($2.8M) Net assets 100 ($5.1M)2018 Revenue 122 ($3.7M) Expenses 120 ($3.4M) Net assets 149 ($7.6M)2019 Revenue 141 ($4.2M) Expenses 139 ($3.9M) Net assets 155 ($7.9M)2020 Revenue 145 ($4.3M) Expenses 142 ($4.0M) Net assets 163 ($8.3M)2021 Revenue 173 ($5.2M) Expenses 165 ($4.6M) Net assets 174 ($8.8M)2022 Revenue 165 ($4.9M) Expenses 165 ($4.6M) Net assets 180 ($9.2M)2023 Revenue 214 ($6.4M) Expenses 182 ($5.1M) Net assets 206 ($10M)2024 Revenue 213 ($6.4M) Expenses 205 ($5.7M) Net assets 219 ($11M)2025 Revenue 407 ($12M) Expenses 236 ($6.6M) Net assets 328 ($17M)
'17'18'19'20'21'22'23'24'25
Revenue (407)Expenses (236)Net assets (328)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2019 2% · 2020 1% · 2021 3% · 2022 3% · 2023 18% · 2024 0% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.

0% of MADISON DEVELOPMENT CORPORATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (61% for the typical peer).

This organization
Typical peer · 696 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$198k
17
$286k
18
$343k
19
$361k
20
$563k
21
$322k
22
$1.3M
23
$644k
24
$5.6M
25
11
months of
reserve
02Who funds it

Who funds it, year by year

2019 → 2020: the base broadened from 1 funder to 2 funders, grant income rose $5k → $11k.

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF)63% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of MADISON DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

MADISON DEVELOPMENT CORPORATION leans on a few funders — its largest provides 63% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

63% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MADISON DEVELOPMENT CORPORATION.

63%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2019 100% · 2020 91%diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

63% of MADISON DEVELOPMENT CORPORATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $6k that is directly attributable, 100% of it comes from Wisconsin funders.

WI

In-state vs out-of-state, by year

19
20
Wisconsin out of state home

Funder states come from each funder’s own filing. $10k arriving through sponsors registered in 1 stateis excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 3 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like MADISON DEVELOPMENT CORPORATION

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Wisconsin

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

94% of spending goes to programs.

Program 94%Management 6%Fundraising 0%

Governance

10
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

76%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

WI

Part of a family of 2 related entities

  • Century Ave Investor LLC · partnership
  • Dane County Development Company Inc · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for MADISON DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MADISON DEVELOPMENT CORPORATION?
MADISON DEVELOPMENT CORPORATION (Wisconsin) receives grants from 3 organizations whose IRS filings report $16,000 to it, the largest being Greater Green Bay Community Foundation Inc ($10,000). 0 of them have funded it in more than one year, and 63% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does MADISON DEVELOPMENT CORPORATION have?
IRS filings report 3 organizations giving $16,000 in grants to MADISON DEVELOPMENT CORPORATION.
Who is the largest funder of MADISON DEVELOPMENT CORPORATION?
Greater Green Bay Community Foundation Inc is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
How can an organization like MADISON DEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Wisconsin. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 3funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing