MADDEN CHARITIES (EIN 943033261) - Form 990 Financial Analysis & Trantor Score

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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

1987

Legal Domicile

Phone

9258467770

Tax Period

2024-01-01 to 2024-12-31

MADDEN CHARITIES, founded in 1987, is a small nonprofit that reported $156K in total revenue in fiscal year 2024. Revenue fell 92% from the prior year — a significant decline worth monitoring. Expenses of $965K exceeded revenue, resulting in a 520% operating deficit.

Mission

TO BE INVOLVED WITH AND SUPPORT YOUTH GROUPS OF THE TRI-VALLY AND EAST BAY AREA AS WELL AS PROVIDING MEDICAL RESEARCH IN FIELDS OF HEART DISEASE, DIABETES, AND CANCER.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $82,108

Program Service Revenue $0

Investment Income $73,538

Other Revenue $0

TOTAL REVENUE $155,646

Expense Breakdown

Grants Paid $960,059

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $962,604

Other Expenses $5,089

TOTAL EXPENSES $965,148

Year-over-Year Comparison

	2024	2023	Change
Revenue	$155,646	$1,917,908	-0.9%
Expenses	$965,148	$515,730	+0.9%
Net Income	$-809,502	$1,402,178	-1.6%

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

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 MADDEN	President & CFO	10.00	Officer Director	$0	$0	$0
VIRGINIA MADDEN	CEO & Secretary	5.00	Officer 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	$155,646	$965,148	$12,118,894	$-809,502
2023	$1,917,908	$515,730	$12,928,396	$1,402,178
2022	$1,258,678	$209,159	$11,526,218	$1,049,519
2021	$1,200,826	$855,539	$7,811,998	$345,287
2020	$266,607	$704,375	$7,466,711	$-437,768
2019	$1,258,982	$794,880	$7,904,479	$464,102
2019	$1,247,464	$794,880	$7,892,961	$452,584
2018	$1,448,268	$1,093,164	$7,440,377	$355,104

MADDEN CHARITIES