Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 303,671 | 456,258 | 499,297 | 576,456 | 434,595 | 2,270,277 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf .... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 303,671 | 456,258 | 499,297 | 576,456 | 434,595 | 2,270,277 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | 258,915 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 2,011,362 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 303,671 | 456,258 | 499,297 | 576,456 | 434,595 | 2,270,277 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 740 | 377 | 1,692 | 1,521 | 2,147 | 6,477 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 2,382 | 2,382 | ||||
| 11 | Total support. Add lines 7 through 10 | 2,279,136 | |||||
Calendar year (or fiscal
year beginning in) ![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2024 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2024 |
(iii) Distributable Amount for 2024 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2024 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2024 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2024: | ||||
| a From 2019....... | ||||
| b From 2020....... | ||||
| c From 2021....... | ||||
| d From 2022....... | ||||
| e From 2023....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2024 distributable amount | ||||
|
i
Carryover from 2019 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2024 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2024 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2024, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2024. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
7 Excess distributions carryover to 2025. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2020..... | ||||
| b Excess from 2021..... | ||||
| c Excess from 2022..... | ||||
| d Excess from 2023..... | ||||
| e Excess from 2024..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|---|
| PART II, LINE 10 | 2,382 |
| Software ID: | |
| Software Version: |
| Return Reference | Explanation |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | TO INSPIRE AND EQUIP YOUTH WITH PRACTICAL SKILLS IN SOCIAL ENTREPRENEURSHIP, WE OFFER DYNAMIC, HANDS-ON EDUCATION PROGRAMS. SOCIAL ENTREPRENEURSHIP, AS WE DEFINE IT, INVOLVES STARTING BUSINESSES THAT TACKLE SOCIAL ISSUES OR CONTRIBUTE TO SOCIETAL BETTERMENT. THROUGH OUR PROGRAMS, YOUNG PARTICIPANTS DESIGN, LAUNCH, AND MANAGE THEIR OWN BUSINESSES OR SOCIAL VENTURES, TURNING THEIR INNOVATIVE IDEAS INTO REAL-WORLD SOLUTIONS. |
| FORM 990, PAGE 2, PART III, LINE 4A | THESE TEANS MEAN BUSINE (TTMB) SUITE: CEOS OF TOMORROW'S FLAGSHIP PROGRAM OFFERINGS, NESTLED WITHIN OUR FOUR THESE TEENS MEAN BUSINE (TTMB) SUITE, EMPOWERS HIGH SCHOOL STUDENTS WITH ENTREPRENEURIAL SKILLS THROUGH A RANGE OF DYNAMIC OFFERINGS. TTMB GLOBAL EXCURSIONS COMBINE FOUNDATIONAL BUSINESS EDUCATION WITH INTERNATIONAL TRAVEL TO AFRICA. TEENS EARN COLLEGE CREDITS, LEARN ABOUT THE HOST COUNTRY, AND COLLABORATE WITH INTERNATIONAL PEERS ON SMALL BUSINESS PROJECTS THAT ADDRESS LOCAL NEEDS, FOSTERING REVENUE FOR YOUTH, FAMILIES, AND VILLAGES. TTMB INTERNATIONAL ACADEMY IS A VIRTUAL COURSE WHERE TEENS LEARN CORE BUSINESS PRINCIPLES, EARN DIGITAL BADGES AND COLLEGE CREDITS, AND CONNECT WITH PEERS GLOBALLY. OVER FOUR WEEKS, PARTICIPANTS LEARN AND COLLABORATE WITH INTERNATIONAL HIGH SCHOOLERS ON BUSINESS MANAGEMENT, FINANCE, AND MARKETING PROJECTS, CULMINATING IN PITCH PRESENTATIONS ADDRESSING SOCIAL AND ENVIRONMENTAL ISSUES. TTMB INCUBATOR, OFFERED IN SPRING AND FALL, IS AN 9-WEEK LAB WHERE TEENS DESIGN, LAUNCH, AND TEST BUSINESS IDEAS PROMOTING POSITIVE COMMUNITY CHANGE. THIS HANDS-ON EXPERIENCE INCLUDES MENTORSHIP FROM LOCAL ENTREPRENEURS AND ENDS WITH A TEEN PITCH & LAUNCH EVENT, WHERE PARTICIPANTS PRESENT THEIR VENTURES AND COMPETE FOR TOP CEO PRIZES. TTMB INTERNSHIP, ANOTHER COLLEGE LEVEL COURSE, PROVIDES SUMMER-LONG IMMERSION FOR HIGH SCHOOL STUDENTS TO GAIN VALUABLE EMPLOYABILITY AND LEADERSHIP SKILLS, WHILE ALSO INTERNING IN SMALL BUSINESSES, OFFERING FIRSTHAND EXPERIENCE WITH LOCAL ENTREPRENEURS. THROUGH ITS TTMB SUITE, PARTICIPATING STUDENTS CAN EARN UP TO 8 MADISON COLLEGE PRIOR LEARNING CREDITS, 4 MADISON METROPOLITAN SCHOOL DISTRICT HIGH SCHOOL CREDITS, AND 6 CERTIFIABLE DIGITAL LEARNING BADGES. |
| FORM 990, PAGE 2, PART III, LINE 4B | CONTRACTED PROGRAMS: CEOS OF TOMORROW DELIVERS TAILORED SOCIAL ENTREPRENEURSHIP PROGRAMS TO SCHOOLS IN THE GREATER MADISON AREA TARGETING 4TH -12TH GRADERS, EMPOWERING THEM TO LAUNCH REVENUE-GENERATING BUSINESSES THAT CREATE POSITIVE SOCIAL IMPACT WITHIN THEIR SCHOOL COMMUNITIES. THESE PROGRAMS INTEGRATE PRACTICAL LEARNING EXPERIENCES INTO THE CURRICULUM, ALLOWING STUDENTS TO APPLY BUSINESS CONCEPTS IN REAL-WORLD SCENARIOS. BY FOCUSING ON CRITICAL THINKING AND TEAMWORK, THE SCHOOL-BASED PROGRAMS NOT ONLY ENHANCE ACADEMIC LEARNING BUT ALSO CULTIVATE A CULTURE OF SOCIAL INNOVATION AND RESPONSIBILITY. THE PROGRAM CULMINATES IN KIDPRENEUR DAY, WHERE STUDENTS LAUNCH AND SELL THEIR HANDMADE PRODUCTS FOR THE FIRST TIME TO PEOPLE IN THE SCHOOL COMMUNITY, PROVIDING A HANDS-ON OPPORTUNITY TO EXPERIENCE THE REWARDS OF THEIR ENTREPRENEURIAL EFFORTS. |
| FORM 990, PAGE 2, PART III, LINE 4D | TEEN AMBASSADORS: CEOS OF TOMORROW'S TEEN AMBASSADOR PROGRAM IS A PAID EMPLOYMENT OPPORTUNITY FOR HIGH SCHOOL STUDENTS OFFERED IN BOTH SPRING AND FALL SEMESTERS. IN THIS PROGRAM, STUDENTS ASSUME TWO KEY ROLES. AS TEEN MONEY MENTORS, THEY RECEIVE TRAINING IN FINANCIAL WELLNESS EDUCATION AND DELIVER SELF-DESIGNED, HANDS-ON FINANCIAL WORKSHOPS TO PEERS IN YOUTH- SERVING AGENCIES. THEY ALSO SUPPORT OUR TRADEMARKED IMPACTFUL CREATIONS BY DEVELOPING INNOVATIVE BUSINESS KITS IN A BOX FOR YOUTH EACH YEAR. THIS PROGRAM EMPOWERS TEENS WITH VALUABLE SKILLS IN FINANCIAL LITERACY, LEADERSHIP, AND ENTREPRENEURSHIP WHILE POSITIVELY IMPACTING THEIR COMMUNITIES. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE PREPARED FORM 990 IS REVIEWED AND APPROVED BY THE MEMBERS OF THE GOVERNING BODY BEFORE THE RETURN IS FILED WITH THE IRS. |
| FORM 990, PAGE 6, PART VI, LINE 12C | IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE CONFLICT AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD OR EXECUTIVE COMMITTEE. AFTER DISCLOSURE OF THE FINANCIAL OR NON-FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OR EXECUTIVE COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR EXECUTIVE COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. ONCE THE CONFLICT OF INTEREST HAS BEEN APPROPRIATELY DISCLOSED, THE BOARD (EXCLUDING THE BOARD MEMBER DISCLOSING AND ANY OTHER CONFLICTED BOARD MEMBER) MUST DECIDE WHETHER OR NOT THOSE CONFLICTED BOARD MEMBERS SHOULD VOTE ON THE MATTER (THIS IS MINIMUM), PARTICIPATE IN ANY DEBATE, OR BE PRESENT IN THE ROOM DURING THE DEBATE AND VOTING. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE INDEPENDENT MEMBERSHIP OF THE BOARD OF DIRECTORS ANNUALLY CONDUCTS A PERFORMANCE REVEIW OF THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTORS COMPENSATION IS REVIEWED AND COMPARED TO PUBLIC INFORMATION ABOUT COMPENSATION IN POSITIONS AT SIMILAR ORGANIZATIONS. THE BOARD APPROVES COMPENSATION FOR THE EXECUTIVE DIRECTOR WITH AN OFFICIAL VOTE WITH DISCUSSION AND RESULTS RECORDED IN MEETING MINUTES. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| Software ID: | |
| Software Version: |