THE MADISON FARM

EIN: 834077080 501(c)(3) Food, Agriculture & Nutrition

MADISON, TN

Total Revenue
$51,080
Total Expenses
$55,723
Total Assets
$42,367
Net Assets
$40,901
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
TN
Phone
6156012730
Tax Period
2024-01-01 to 2024-12-31

THE MADISON FARM, founded in 2019, is a micro nonprofit in the Food, Agriculture & Nutrition sector that reported $51K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year.

Mission

Our mission is to empower people to live a life of intention by integrating education with agriculture. The Madison Farm aims to reach both urban and suburban children. We are committed to developing practical skills in students in order to meet basic needs while enhancing the surrounding area by providing opportunities for healthy-living education, community outreach, and sustainable initiatives. The Madison Farm is committed to organic, biointensive, and sustainable farming practices.

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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 $5,297
Program Service Revenue $45,783
Investment Income $0
Other Revenue $0
TOTAL REVENUE $51,080

Expense Breakdown

Grants Paid $0
Salaries & Benefits $33,587
Fundraising Expenses $0
Program Expenses $55,645
Other Expenses $22,136
TOTAL EXPENSES $55,723

Year-over-Year Comparison

2024 2023 Change
Revenue $51,080 $60,413 -0.2%
Expenses $55,723 $67,098 -0.2%
Net Income $-4,643 $-6,685 -0.3%
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

Financial Distress Indicator

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
2
Independent Members
N/A
Employees
2
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
2
$31,200
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNI ADAMS Secretary 30.00
Officer
$31,200 $0 $31,200
SHANNON WILHELM President 30.00
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
2025 No data No data No data No data
2024 $51,080 $55,723 $42,367 $-4,643
2023 $60,413 $67,098 $47,582 $-6,685
2022 $78,061 $59,107 $55,237 $18,954
2021 $73,624 $55,371 $34,254 $18,253
2020 $38,368 $34,316 $16,247 $4,052
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