Madison County Education Foundatio… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Phone

8286499276

Tax Period

2023-07-01 to 2024-06-30

Madison County Education Foundation Incorporated, founded in 1985, is a micro nonprofit in the Education sector that reported $96K in total revenue in fiscal year 2023. Revenue fell 46% from the prior year — a significant decline worth monitoring. Expenses of $112K exceeded revenue, resulting in a 18% operating deficit.

Mission

to develop financial and other resources, and to apply those resources and to apply those resources in ways that will increase the level of creativity, innovation, and quality of the educational process.

Program Service Accomplishments

Program 1

Revenue: $118,500

Grant for the CTE Program to teach student skills

Program 2

Revenue: $10,000

Scholarship for Trade Student

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $95,577

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $95,577

Expense Breakdown

Grants Paid $112,340

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $112,340

Year-over-Year Comparison

	2023	2022	Change
Revenue	$95,577	$178,323	-0.5%
Expenses	$112,340	$20,021	+4.6%
Net Income	$-16,763	$158,302	-1.1%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

N/A

Independent Members

N/A

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL WALLIN	Treasurer	N/A	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	$95,577	$112,340	$261,724	$-16,763
2023	$178,323	$20,021	$278,486	$158,302
2021	$96,808	$93,186	$115,180	$3,622

Madison County Education Foundation Incorporated