Madison Ark
EIN: 251917435 · Madison, MS · NTEE: D20
| Metric | Value |
|---|---|
| Total Expenses | $144K |
| Net Assets | $32K |
Is Madison Ark Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Madison Ark
Madison Ark (EIN: 251917435) is a nonprofit organization based in Madison, MS, classified under NTEE code D20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Madison Ark's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Madison Ark is a small nonprofit that has been operating for 21 years, with 4 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 10.5%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $139K |
| Total Expenses | $144K |
| Surplus / Deficit | $-4,468 |
| Total Assets | $33K |
| Total Liabilities | $1K |
| Net Assets | $32K |
| Operating Margin | -3.2% |
| Debt-to-Asset Ratio | 3.1% |
| Months of Reserves | 2.7 months |
Financial Health Grade: C
In 2015, Madison Ark reported a deficit of $4K with expenses exceeding revenue, holds 2.7 months of operating reserves (limited), has a debt-to-asset ratio of 3.1% (very low leverage).
Financial Trends
Over 4 years of filings (2011–2015), Madison Ark's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -3.7% | +5.2% | -11.2% |
| 2013 | +68.2% | -41.8% | +27.4% |
| 2012 | -8.0% | +112.2% | -83.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Madison Ark 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 Madison Ark 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.1%.
Frequently Asked Questions about Madison Ark
Is Madison Ark a legitimate charity?
Madison Ark (EIN: 251917435) is a registered tax-exempt nonprofit based in Mississippi. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Madison Ark spend its money?
Madison Ark reported its financials in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Madison Ark tax-deductible?
Madison Ark is registered as a tax-exempt nonprofit (EIN: 251917435). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Madison Ark located?
Madison Ark is headquartered in Madison, Mississippi and files with the IRS under EIN 251917435. It is classified under NTEE code D20.
How many years of IRS 990 filings does Madison Ark have?
Madison Ark has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Madison Ark showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2015), Madison Ark's revenue has grown by 49.1%, moving from $93K to $139K. Total assets decreased by 81.6% over the same period, from $179K to $33K. Total functional expenses rose by 30.1%, from $111K to $144K. In its most recent filing year (2015), Madison Ark reported a deficit of $4K, with expenses exceeding revenue. The organization holds $1K in liabilities against $33K in assets (debt-to-asset ratio: 3.1%), resulting in net assets of $32K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $139K | $144K | $33K | $1K | — | View 990 |
| 2013 | $145K | $137K | $37K | $738 | — | View 990 |
| 2012 | $86K | $235K | $29K | $721 | — | View 990 |
| 2011 | $93K | $111K | $179K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $139K, expenses of $144K, and assets of $33K (revenue -3.7% year-over-year).
- 2013: Revenue of $145K, expenses of $137K, and assets of $37K (revenue +68.2% year-over-year).
- 2012: Revenue of $86K, expenses of $235K, and assets of $29K (revenue -8.0% year-over-year).
- 2011: Revenue of $93K, expenses of $111K, and assets of $179K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Madison Ark:
Data Sources and Methodology
This transparency report for Madison Ark 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.