Madelia Health Foundation
EIN: 731719218 · Madelia, MN · NTEE: E112
| Metric | Value |
|---|---|
| Total Revenue | $155K |
| Total Expenses | $79K |
| Net Assets | $1.0M |
Is Madelia Health Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Madelia Health Foundation
Madelia Health Foundation (EIN: 731719218) is a nonprofit organization based in Madelia, MN, classified under NTEE code E112. The organization reported total revenue of $155K and total assets of $615K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Madelia Health Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Madelia Health Foundation is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $131K |
| Total Expenses | $79K |
| Surplus / Deficit | +$51K |
| Total Assets | $1.1M |
| Total Liabilities | $111K |
| Net Assets | $1.0M |
| Operating Margin | 39.3% |
| Debt-to-Asset Ratio | 9.9% |
| Months of Reserves | 169.6 months |
Financial Health Grade: A
In 2023, Madelia Health Foundation reported a surplus of $51K with revenue exceeding expenses, holds 169.6 months of operating reserves (strong position), has a debt-to-asset ratio of 9.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Madelia Health Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +79.8% | -41.5% | +8.5% |
| 2022 | -49.3% | -62.3% | -4.3% |
| 2021 | -58.1% | +40.7% | -2.3% |
| 2020 | +11.0% | +19.6% | +17.8% |
| 2019 | +59.0% | +17.8% | +22.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Madelia Health Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Madelia Health Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $51K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.9%.
Frequently Asked Questions about Madelia Health Foundation
Is Madelia Health Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Madelia Health Foundation (EIN: 731719218) insufficient data. 0 red flags identified, 0 strengths noted.
How does Madelia Health Foundation spend its money?
Detailed spending breakdown data is not yet available for Madelia Health Foundation. Check back for updated IRS 990 analysis.
Are donations to Madelia Health Foundation tax-deductible?
Madelia Health Foundation is registered as a tax-exempt nonprofit (EIN: 731719218). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Madelia Health Foundation located?
Madelia Health Foundation is headquartered in Madelia, Minnesota and files with the IRS under EIN 731719218. It is classified under NTEE code E112.
How many years of IRS 990 filings does Madelia Health Foundation have?
Madelia Health Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $155K in total revenue.
Filing History
IRS 990 filing history for Madelia Health Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Madelia Health Foundation's revenue has grown by 73.3%, moving from $76K to $131K. Total assets increased by 104.9% over the same period, from $548K to $1.1M. Total functional expenses rose by 66.4%, from $48K to $79K. In its most recent filing year (2023), Madelia Health Foundation reported a surplus of $51K, with revenue exceeding expenses. The organization holds $111K in liabilities against $1.1M in assets (debt-to-asset ratio: 9.9%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $131K | $79K | $1.1M | $111K | — | View 990 |
| 2022 | $73K | $136K | $1.0M | $57K | — | View 990 |
| 2021 | $143K | $360K | $1.1M | $47K | — | — |
| 2020 | $342K | $256K | $1.1M | $199K | — | View 990 |
| 2019 | $308K | $214K | $939K | $158K | — | View 990 |
| 2018 | $194K | $182K | $768K | $151K | — | View 990 |
| 2017 | $83K | $147K | $699K | $220K | — | View 990 |
| 2016 | $8K | $36K | $684K | $225K | — | View 990 |
| 2015 | $174K | $72K | $960K | $472K | — | View 990 |
| 2014 | $46K | $60K | $656K | $269K | — | View 990 |
| 2013 | $65K | $49K | $604K | $203K | — | View 990 |
| 2012 | $53K | $52K | $603K | $217K | — | View 990 |
| 2011 | $76K | $48K | $548K | $160K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $131K, expenses of $79K, and assets of $1.1M (revenue +79.8% year-over-year).
- 2022: Revenue of $73K, expenses of $136K, and assets of $1.0M (revenue -49.3% year-over-year).
- 2021: Revenue of $143K, expenses of $360K, and assets of $1.1M (revenue -58.1% year-over-year).
- 2020: Revenue of $342K, expenses of $256K, and assets of $1.1M (revenue +11.0% year-over-year).
- 2019: Revenue of $308K, expenses of $214K, and assets of $939K (revenue +59.0% year-over-year).
- 2018: Revenue of $194K, expenses of $182K, and assets of $768K (revenue +133.5% year-over-year).
- 2017: Revenue of $83K, expenses of $147K, and assets of $699K (revenue +959.3% year-over-year).
- 2016: Revenue of $8K, expenses of $36K, and assets of $684K (revenue -95.5% year-over-year).
- 2015: Revenue of $174K, expenses of $72K, and assets of $960K (revenue +278.5% year-over-year).
- 2014: Revenue of $46K, expenses of $60K, and assets of $656K (revenue -29.6% year-over-year).
- 2013: Revenue of $65K, expenses of $49K, and assets of $604K (revenue +22.0% year-over-year).
- 2012: Revenue of $53K, expenses of $52K, and assets of $603K (revenue -29.2% year-over-year).
- 2011: Revenue of $76K, expenses of $48K, and assets of $548K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Madelia Health Foundation:
Data Sources and Methodology
This transparency report for Madelia Health Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.