EIN 27-2323749

Madison Strategies Group

IRS 501(c) type
501(c)(3)
Num. employees
42
City
Year formed
2011
Most recent tax filings
2023-12-01
Description
Madison Strategies Group empowers job seekers by building and strengthening their talent and skill, with a mission to effectively meet the needs of those we serve. Karen Pennington leads the organization, located in Tulsa, OK.
Also known as...
New Workforce Directions
Total revenues
$1,982,898
2023
Total expenses
$3,928,575
2023
Total assets
$3,127,645
2023
Num. employees
42
2023

Program areas at Madison Strategies Group

Madison Strategies Group's mission is to build and strengthen job skills, see schedule "o" for detail.madison Strategies Group operates multiple Workforce development programs in tulsa that provide underserved residents with no-cost education, employment, and advancement opportunities that lead to greater financial security and economic self-sufficiency. Msg's flagship program, tulsa community workadvance, is a unique, sector-based, dual-customer Workforce model that has been proven to work through a national research study. The innovative workadvance model combines no-cost, customized technical training and placement services with extensive career advising and soft skills training to help low-income individuals rise out of poverty while meeting the needs of businesses in high-demand sectors. Workforce and career needs continue to arise for low-income, underemployed and unemployed populations throughout tulsa. In response, msg has developed and launched multiple New programs focused on serving targeted residents with training, placement, and career coaching services to increase their economic mobility and to create a pipeline of individuals for more advanced training programs like workadvance. This includes vulnerable populations and demographic groups like young adults aged 18-24 served in our nextup program, public housing residents served through the jobsfirst program, residents in the historically underserved area of north tulsa through the due north program, parents and households with small children in the career connection program, and residents and businesses affected by covid-19 through the retrain tulsa program. In 2023, through the retrain tulsa program, msg partnered with tulsa community college's cyber skills center (csc) to recruit and support individuals for New carees in cyber security and data.in 2023, msg served over 1,200 individuals with career readiness training, job placement, advanced training, and career advancement services, including financial coaching. Over 270 of msg's customers secured New jobs in 2023, earning an average of 25% more in income after our training and services. As our economy and Workforce continue to change, we are focused on training and preparing people for jobs of the future and technology-based jobs. Msg is well-positioned to respond and ensure that individuals in our community are trained and placed into great careers that provide businesses with skilled workers.

Who funds Madison Strategies Group

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
George Kaiser Family FoundationTulsa Community Workadvance;due North;nextup$869,400
Tulsa Area United Way (TAUW)Financial Stability$150,000
George Kaiser Family FoundationBest Data Capacity Grant$68,120
...and 5 more grants received

Financials for Madison Strategies Group

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,970,398
Program services$12,500
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,982,898
Data update history
February 4, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 12, 2025
Received grants
Identified 3 new grant, including a grant for $869,400 from George Kaiser Family Foundation
October 20, 2024
Received grants
Identified 1 new grant, including a grant for $60,000 from The Anne and Henry Zarrow Foundation
August 24, 2024
Received grants
Identified 3 new grant, including a grant for $150,000 from Tulsa Area United Way (TAUW)
May 18, 2024
Received grants
Identified 3 new grant, including a grant for $60,000 from The Anne and Henry Zarrow Foundation
Nonprofit Types
Employment organizationsCharities
Issues
EducationHuman servicesJobs and employment
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
907 S Detroit Ave 210
Tulsa, OK 74120
Metro area
Tulsa, OK
County
Tulsa County, OK
Website URL
madisonstrategies.org/ 
Phone
(918) 442-2204
IRS details
EIN
27-2323749
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2011
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
J20: Employment Procurement Assistance and Job Training
NAICS code, primary
611430: Professional and Management Development Training
Parent/child status
Independent
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