MADISONVILLE EDUCATION AND ASSISTANCE CENTER INC

EIN: 311218223 501(c)(3) Human Services

CINCINNATI, OH

Total Revenue
$762,074
Total Expenses
$727,199
Total Assets
$703,693
Net Assets
$687,838
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Organization Details

Formation Year
1987
Legal Domicile
OH
Principal Officer
VASHTI RUTLEDGE
Phone
5132715501
Tax Period
2023-07-01 to 2024-06-30

MADISONVILLE EDUCATION AND ASSISTANCE CENTER INC, founded in 1987, is a small nonprofit in the Human Services sector that reported $762K in total revenue in fiscal year 2023. Expenses of $727K left a modest 5% surplus.

Mission

THE RANGE OF PROGRAMS OFFERED BY MEAC- FROM EMERGENCY FINANCIAL, FOOD SECURITY ASSISTANCE TO EARLY LITERACY INTERVENTIONS TO ONGOING CASE MANAGEMENT IS A REFLECTION OF OUR NEWLY-UPDATED MISSION STATEMENT: TO OFFER ACCESS TO EDUCATION, SERVICES, AND ENGAGEMENT THAT ENABLE ALL NEIGHBORS TO THRIVE, REACH SELF-SUFFICIENCY AND INDEPENDENCE.

Program Service Accomplishments

Program 1
Expenses: $155,959

THE MARKETPLACE IS A CHOICE FOOD PANTRY PROVIDING FRESH PRODUCE, MILK, MEAT, AND BREAD AS WELL AS SHELF-STABLE FOODS TO QUALIFYING FAMILIES, WHO CAN SHOP WITH US ONCE A MONTH. THE MARKETPLACE SERVES...

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THE MARKETPLACE IS A CHOICE FOOD PANTRY PROVIDING FRESH PRODUCE, MILK, MEAT, AND BREAD AS WELL AS SHELF-STABLE FOODS TO QUALIFYING FAMILIES, WHO CAN SHOP WITH US ONCE A MONTH. THE MARKETPLACE SERVES THE WHOLE FAMILY. 1309 INDIVIDUALS WERE SERVED THROUGH VISITS TO THE MARKETPLACE AND THROUGH OUR SPECIAL FOOD DISTRIBUTIONS DURING THANKSGIVING AND THE DECEMBER HOLIDAY SEASON. WE PARTNER WITH FREESTORE FOODBANK AND LASOUPE TO PROVIDE FOOD TO THE COMMUNITY FREE OF CHARGE. ADDITIONALLY OUR PARTNERSHIP WITH SWEET CHEEKS DIAPER BANK PROVIDES DIAPERS AND FEMININE HYGIENE PRODUCTS FOR FAMILIES AS NEEDED.

Program 2
Expenses: $264,344

MEAC PROVIDES EMERGENCY FINANCIAL ASSISTANCE (EFA) TO HOUSEHOLDS TO AVOID EVICTION/FORECLOSURE/OR UTILITY DISCONNECTIONS. DURING THE 2023-2024 FISCAL YEAR, 280 HOUSEHOLDS WERE ABLE TO RECEIVE THESE...

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MEAC PROVIDES EMERGENCY FINANCIAL ASSISTANCE (EFA) TO HOUSEHOLDS TO AVOID EVICTION/FORECLOSURE/OR UTILITY DISCONNECTIONS. DURING THE 2023-2024 FISCAL YEAR, 280 HOUSEHOLDS WERE ABLE TO RECEIVE THESE CRITICAL SUPPORTS AND MAINTAIN THEIR HOUSING. ADDITIONAL FAMILIES CONTINUED THEIR PATH TOWARDS STABILIZATION THROUGH PARTICIPATION IN ENHANCE YOUR LIFE AND PROJECT LIFT. THESE PROGRAMS PROVIDE FAMILIES WITH GOAL-SETTING SUPPORT AND BARRIER REMOVAL RESOURCES.

Program 3
Expenses: $122,354

MEAC IS A LONG-TIME PARTNER WITH OUR NEIGHBORHOOD ELEMENTARY SCHOOL, THE JOHN P PARKER SCHOOL, SERVING CHILDREN AND FAMILIES OF THE SCHOOL. MEAC CONTINUED TO SUPPORT AND SPONSOR THE PARKER LITERACY...

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MEAC IS A LONG-TIME PARTNER WITH OUR NEIGHBORHOOD ELEMENTARY SCHOOL, THE JOHN P PARKER SCHOOL, SERVING CHILDREN AND FAMILIES OF THE SCHOOL. MEAC CONTINUED TO SUPPORT AND SPONSOR THE PARKER LITERACY NIGHTS AND READ ACROSS MADISONVILLE EVENTS AND PROVIDED SUMMER LEARNING MATERIALS.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $754,082
Program Service Revenue $0
Investment Income $3,393
Other Revenue $4,599
TOTAL REVENUE $762,074

Expense Breakdown

Grants Paid $171,805
Salaries & Benefits $428,733
Fundraising Expenses $32,584
Program Expenses $542,657
Other Expenses $126,661
TOTAL EXPENSES $727,199

Year-over-Year Comparison

2023 2022 Change
Revenue $762,074 $754,919 +0.0%
Expenses $727,199 $861,336 -0.2%
Net Income $34,875 $-106,417 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
13
Employees
10
Volunteers
75

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$103,064
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AARON PARKER BOARD MEMBER 1.00
Director
$0 $0 $0
CHERYL SALLWASSER BOARD MEMBER 1.00
Director
$0 $0 $0
ELISE SOLOMON BOARD MEMBER 1.00
Director
$0 $0 $0
KATHLEEN GARRISON BOARD MEMBER 1.00
Director
$0 $0 $0
KRISTIN KALSEM BOARD MEMBER 1.00
Director
$0 $0 $0
NICK DECOURCY BOARD MEMBER 1.00
Director
$0 $0 $0
RYAN WHEELER BOARD MEMBER 1.00
Director
$0 $0 $0
SARAH RENFROW BOARD MEMBER 1.00
Director
$0 $0 $0
KELLY HARRIS CHAIR 1.00
Officer Director
$0 $0 $0
TRACEY SMILEY VICE CHAIR 1.00
Officer Director
$0 $0 $0
PHILIP RUSCHMAN TREASURER 1.00
Officer Director
$0 $0 $0
MATTHEW HUBBARD SECRETARY 1.00
Officer Director
$0 $0 $0
MICHAEL VILARDO IMMEDIATE PAST CHAIR 1.00
Officer Director
$0 $0 $0
VASHTI RUTLEDGE EXECUTIVE DIRECTOR 40.00
Officer
$95,000 $8,064 $103,064
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $762,074 $727,199 $703,693 $34,875
2023 $754,919 $861,336 $671,561 $-106,417
2022 $822,666 $797,482 $776,526 $25,184
2021 $837,865 $877,185 $743,872 $-39,320
2020 $1,119,815 $1,104,288 $790,975 $15,527
2018 $1,490,878 $1,529,369 $840,011 $-38,491
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