Wisconsin · Nonprofit
MADISON GOSPEL 5K FOUNDATION
MADISON GOSPEL 5K FOUNDATION (Wisconsin) receives grants from 3 organizations whose IRS filings report $122,577 to it, the largest being UNITED WAY OF DANE COUNTY INC ($65,000). 3 of them have funded it in more than one year.
- Revenue FY2024
- $52k
- Funders on record
- 3
- Grants received
- $123k
- Net assets
- $4k
What Madison Gospel 5k Foundation does
Mission
The Madison Gospel 5k Foundation is organized exclusively for charitable and educational purposes under section 501(c)(3) of the internal revenue code. Its mission is to build healthier familiesone individual at a timethrough faith, fellowship, and fitness. The organization promotes mental, physical, and spiritual wellness in underserved communities by hosting inclusive events such as the annual 5k/10k run/walk and health fair, monthly virtual wellness talks, and intergenerational engagement programs. These initiatives are designed to remove financial and cultural barriers to health, foster community unity, and empower individuals to take charge of their well-being.
As stated on its FY2024 Form 990-EZ.
Program
Annual 5k/10k run/walk & health fair - race event held every second saturday in july at penn park in madison wi. Promotes mental wellness, physical activity, and community unity through movement. It features timed 5k and 10k races, a 1-mile family fun run, and inclusive options for all ages and abilities. Health & wellness fair features health screenings, massage therapy and other vendors such as ssm health, access community health, gilda's club and more. Also includes family & youth engagement, which has an emphasis on intergenerational participation and removing financial barriers. The engagement events have the following: dance contests, jump rope competition, bouncy houses and face painting for kids. The event is designed to shift mental space to a better place, foster joy, and build healthier families - one individual at a time.
The first program described on its most recent Form 990-EZ.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars.
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.
82% of MADISON GOSPEL 5K FOUNDATION’s revenue is contributions — about as donation-reliant as the typical peer (100% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 2 reported years ran a deficit.
Who funds it, year by year
2019 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $5k → $15k.
From the IRS filings of MADISON GOSPEL 5K FOUNDATION’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 GOSPEL 5K FOUNDATION leans on a few funders — its largest provides 53% 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
100% 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 GOSPEL 5K FOUNDATION.
Largest funder’s share by year: 2019 100% · 2020 100% · 2021 88% · 2022 100% · 2023 50% — 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
53% of MADISON GOSPEL 5K FOUNDATION's grant income comes from Wisconsin funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. 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.
Against its field
MADISON GOSPEL 5K FOUNDATION's funding base is broadening — from 1 funders to 2 as grant income climbed.
this organization peer median middle 50% of peers· 9,898 health nonprofits under $100k, FY2024
Organizations like MADISON GOSPEL 5K FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Wisconsin
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for MADISON GOSPEL 5K FOUNDATION: 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.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds MADISON GOSPEL 5K FOUNDATION?
- MADISON GOSPEL 5K FOUNDATION (Wisconsin) receives grants from 3 organizations whose IRS filings report $122,577 to it, the largest being UNITED WAY OF DANE COUNTY INC ($65,000). 3 of them have funded it in more than one year.
- How many funders does MADISON GOSPEL 5K FOUNDATION have?
- IRS filings report 3 organizations giving $122,577 in grants to MADISON GOSPEL 5K FOUNDATION, 3 of which have funded it in more than one year.
- Who is the largest funder of MADISON GOSPEL 5K FOUNDATION?
- UNITED WAY OF DANE COUNTY INC is the largest funder on record, with $65,000 in grants. The full list of funders is on this page.
- How can an organization like MADISON GOSPEL 5K FOUNDATION 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.
Play a game about who funds Madison Gospel 5k →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2021–2024), and the filings of 3 funders 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 October 14, 2026. What this page cannot tell you · view filing