THE MAD FOUNDATION INC

EIN: 474561918 501(c)(3) Education

NEW YORK, NY

Total Revenue
$1,425,628
Total Expenses
$1,421,231
Total Assets
$1,383,459
Net Assets
$1,381,209
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
NY
Principal Officer
KELLI HAYES
Phone
4531607570
Tax Period
2024-01-01 to 2024-12-31

THE MAD FOUNDATION INC, founded in 2015, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum.

Mission

TO BRING TOGETHER A GLOBAL COOKING COMMUNITY WITH A SOCIAL CONSCIENCE, SENSE OF CURIOSITY, AND AN APPETITE FOR CHANGE. MAD EMPOWERS CHEFS AND FOOD SYSTEM LEADERS TO ADDRESS THE WORLD'S MOST PRESSING ISSUES FROM CLIMATE CHANGE, ENVIRONMENT, AND HEALTH THROUGH A DYNAMIC NETWORK, EVENTS, AND PUBLICATIONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,298,899
Program Service Revenue $107,950
Investment Income $18,779
Other Revenue $0
TOTAL REVENUE $1,425,628

Expense Breakdown

Grants Paid $985,000
Salaries & Benefits $212,380
Fundraising Expenses $375,763
Program Expenses $985,000
Other Expenses $136,961
TOTAL EXPENSES $1,421,231

Year-over-Year Comparison

2024 2023 Change
Revenue $1,425,628 $1,093,555 +0.3%
Expenses $1,421,231 $1,014,303 +0.4%
Net Income $4,397 $79,252 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
1
Volunteers
10

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
3
$0
Total Directors
10
$0
Key Employees
1
$198,625
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KELLI HAYES BOARD CHAIR 1.00
Officer Director
$0 $0 $0
DWAYNE SYE SECRETARY 1.00
Officer Director
$0 $0 $0
DAVID BARBER TREASURER 1.00
Director
$0 $0 $0
BRIAN KAUFMAN BOARD MEMBER 1.00
Director
$0 $0 $0
ERICA HELMS DIRECTOR OF PHILANTHROPY 40.00
Key Emp
$198,625 $0 $198,625
JESSICA KOSLOW BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTINE LIPPERT BOARD MEMBER 1.00
Director
$0 $0 $0
CINDY RACHOFSKY BOARD MEMBER 1.00
Director
$0 $0 $0
ROGER STEIN BOARD MEMBER 1.00
Director
$0 $0 $0
TATIANA LEVHA BOARD MEMBER 1.00
Director
$0 $0 $0
HELEN WECHSLER TO DEC 2024 BOARD MEMBER 1.00
Director
$0 $0 $0
MELINA SHANNON-DIPIETRO ASSISTANT TREASURER 5.00
Officer
$0 $0 $0
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
2024 No data No data No data No data
2024 $1,425,628 $1,421,231 $1,383,459 $4,397
2023 $1,093,555 $1,014,303 $1,411,914 $79,252
2022 $1,030,932 $789,133 $978,497 $241,799
2022 $1,030,932 $789,133 $978,497 $241,799
2021 $707,926 $832,177 $724,123 $-124,251
2020 $436,467 $684,689 $805,035 $-248,222
2019 $1,345,721 $670,089 $950,380 $675,632
2018 $934,954 $926,200 $161,143 $8,754
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