The Bodgery INC FY2024 filing

Tax-deductible

Madison, WI501(c)(3)Since 2015Community DevelopmentEIN 47-1155222Revenue $535K in FY2024

On file with the IRSthebodgery.org740 Oscar Ave, 53704-4223 · Madison, WITax-exempt since Nov 2015Publicly supported — 509(a)(2)

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The Corporation shall be operated exclusively for the charitable purpose of providing shared workspace, tools, peer mentoring, and educational resources for use by members and the community on projects relating to engineering, science, art, and technology, to facilitate collaboration and growth in these fields, for the betterment of society.

501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
$948 paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 4
filings with a surplus
Average surplus $104K a year · 23% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$948
to officers and key staff · 0.2% of spending
Looks good: pay to officers and key staff is 0% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
14 mo
of spending, in cash
Looks good: 13.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $31K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$535K
+42% vs prior year
Spent
$384K
To programs
97%
Net assets
$444K
By yearFY2020–FY2025
Revenue
$535K
FY2024▲ +42%
Tap a bar for its year
Revenue by fiscal year
FY2020$191K
FY2022$338K
FY2023$378K
FY2024$535K
FY2025$564K
Expenses
$384K
FY2024▲ +4%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2022$260K
FY2023$368K
FY2024$384K
FY2025$385K
Net assets
$444K
FY2024▲ +51%
Tap a bar for its year
Net assets by fiscal year
FY2020$140K
FY2022$283K
FY2023$293K
FY2024$444K
FY2025$622K

From the FY2024 Form 990 · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2015.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $371K Management & general 3% · $13K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990; $948 paid to officers and key staff.

Part VII, Section A · reportable compensation
Vice President
$760Pt VII · Sec A
Director at Large
$188Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director at Large
$0Pt VII · Sec A
Director at Large
$0Pt VII · Sec A
Director at Large
$0Pt VII · Sec A

Sylvia Lieteau’s $775 as Director at Large is at the 1st percentile of top reported officer pay among 1709 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022
Jennifer Hefferan——$1,443—
Elizabeth Wu———$1,303
Sylvia Lieteau$775$760——
Roger Straw——$729—
Lalena Lampe—$188——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers shared space, tools, and education for community science, art, and tech projects.

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Provided by the organization

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1 program · $371K · in their own filed words · FY2024
01

Provide shared workspace, tools, peer mentoring, and educational resources for use by members and the community on projects relating to engineering, science, art, and technology, to facilitate collaboration and growth in these fields, for the betterment of society.

$371Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$31K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$535K
Ln 12
Gifts and grantsLn 1h$525K
Investment incomeLn 3$10K
Money outPt IX
$384K
Ln 25
Programscol B$371K
Managementcol C$13K
Owns and owesPt X
$444K
net assets · Ln 32
Cash and savingsLn 1–2$440K
Total assetsLn 16$444K
LiabilitiesLn 26$0
PeoplePt VI, VII
9
listed · VII A
PaidVII A2
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$525K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Investment incomeLn 3$10K
Total revenueLn 12$535K
Assets in detailPt X, end of year
CashLn 1$258
SavingsLn 2$439K
Cash and savings togetherLn 1–2$440K
Other assetsLn 15$4K
Total assetsLn 16$444K
LiabilitiesLn 26$0
Net assetsLn 32$444K
OperationsPt I, VI
EmployeesI 50
VolunteersI 680
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$289K$440K
Total assetsLn 16$293K$444K
LiabilitiesLn 26$0$0
Net assetsLn 32$293K$444K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Accounting feesLn 11c$436$436
Other fees for servicesLn 11g$86K$74K$12K
Office expensesLn 13$13K$13K
Information technologyLn 14$2K$2K
OccupancyLn 16$204K$204K
InsuranceLn 23$7K$6K$720
Other expenses (24a–d)Ln 24$72K$72K$0$0
Total functional expensesLn 25$384K$371K$13K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $564K$385K$179K$622K 990 PDF
FY2024 Viewing $535K$384K$151K$444K 990 PDF
FY2023 $378K$368K$10K$293K 990 PDF
FY2022 $338K$260K$78K$283K 990 PDF
FY2021 Not on file
FY2020 $191K$140K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $534,873 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $370,551$525,026
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $7,287$9,847
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $377,838$534,873
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $368,205$384,078
I-18 Total expensesPrior year $368,205$384,078
I-19 Revenue less expensesPrior year $9,633$150,795
Part VI · Governance 9 of 9 board members independent, 3 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $534,873 across 11 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$304,521
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$220,505
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$525,026
VIII-3 Investment incomeRelated to mission $9,847 · Unrelated business $0 · Excluded from tax $0$9,847
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $9,847 · Unrelated business $0 · Excluded from tax $0$534,873
Part IX · Statement of functional expenses $384,078 across 11 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-11c Accounting feesManagement $436$436
IX-11g Other fees for servicesPrograms $73,806 · Management $11,971$85,777
IX-13 Office expensesPrograms $13,162$13,162
IX-14 Information technologyPrograms $1,759$1,759
IX-16 OccupancyPrograms $203,991$203,991
IX-23 InsurancePrograms $6,232 · Management $720$6,952
IX-24 Other expenses (24a–d)Programs $72,001 · Management $0 · Fundraising $0$72,001
IX-25 Total functional expensesPrograms $370,951 · Management $13,127 · Fundraising $0$384,078
Part X · Balance sheet $443,695 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $3,480$258
X-2 Savings and temporary cash investmentsStart of year $285,368$439,385
X-15 Other assetsStart of year $4,052$4,052
X-16 Total assetsStart of year $292,900$443,695
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $292,900$443,695
X-33 Total liabilities and net assetsStart of year $292,900$443,695
Part XI · Reconciliation of net assets $443,695 net assets at year end
XI-1 Total revenue$534,873
XI-2 Total expenses$384,078
XI-3 Revenue less expenses$150,795
XI-4 Net assets at start of year$292,900
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$443,695

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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