MADISONHOME INC

EIN: 853081687 501(c)(3) Human Services

RICHMOND, KY

Total Revenue
$205,948
Total Expenses
$232,185
Total Assets
$132,698
Net Assets
$132,698
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
KY
Principal Officer
ASAD JADOON
Tax Period
2024-01-01 to 2024-12-31

MADISONHOME INC, founded in 2020, is a small nonprofit in the Human Services sector that reported $206K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $232K exceeded revenue, resulting in a 13% operating deficit.

Mission

MADISONHOME IS A ORGANIZATION FOR HOMELESS SHELTER INITIATIVE AND RESOURCE CENTER.

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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 $205,948
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $205,948

Expense Breakdown

Grants Paid $0
Salaries & Benefits $29,475
Fundraising Expenses $0
Program Expenses $232,185
Other Expenses $202,710
TOTAL EXPENSES $232,185

Year-over-Year Comparison

2024 2023 Change
Revenue $205,948 $221,926 -0.1%
Expenses $232,185 $81,691 +1.8%
Net Income $-26,237 $140,235 -1.2%
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
5
Independent Members
5
Employees
6
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
0
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RIFATH ALI DIRECTOR N/A
Director
$0 $0 $0
ASAD JADOON DIRECTOR N/A
Director
$0 $0 $0
YASMIN JADOON DIRECTOR N/A
Director
$0 $0 $0
SHERYL JURICH DIRECTOR N/A
Director
$0 $0 $0
LISA B ROUSH DIRECTOR N/A
Director
$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 $205,948 $232,185 $132,698 $-26,237
2023 $221,926 $81,691 $158,935 $140,235
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