Madison Beach Preservation Association
EIN: 371762753 · Madison, CT
| Metric | Value |
|---|---|
| Total Expenses | $363K |
| Net Assets | $-303,492 |
Is Madison Beach Preservation Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Madison Beach Preservation Association
Madison Beach Preservation Association (EIN: 371762753) is a nonprofit organization based in Madison, CT. 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 Beach Preservation Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Madison Beach Preservation Association is a small nonprofit.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $139K |
| Total Expenses | $363K |
| Surplus / Deficit | $-224,306 |
| Total Assets | $449 |
| Total Liabilities | $304K |
| Net Assets | $-303,492 |
| Operating Margin | -161.8% |
| Debt-to-Asset Ratio | 67692.9% |
| Months of Reserves | 0.0 months |
Financial Health Grade: D
In 2017, Madison Beach Preservation Association reported a deficit of $224K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 67692.9% (high leverage).
AI Analysis Pending
AI enrichment for Madison Beach Preservation Association 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 Beach Preservation Association 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $224K, with expenses exceeding revenue.
- Debt-to-asset ratio: 67692.9%.
Frequently Asked Questions about Madison Beach Preservation Association
Is Madison Beach Preservation Association a legitimate charity?
Madison Beach Preservation Association (EIN: 371762753) is a registered tax-exempt nonprofit based in Connecticut. No red flags identified. Financial health grade: D.
How does Madison Beach Preservation Association spend its money?
Madison Beach Preservation Association reported its financials in IRS 990 filings. 1 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Madison Beach Preservation Association tax-deductible?
Madison Beach Preservation Association is registered as a tax-exempt nonprofit (EIN: 371762753). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Madison Beach Preservation Association located?
Madison Beach Preservation Association is headquartered in Madison, Connecticut and files with the IRS under EIN 371762753.
Filing History
IRS 990 filing history for Madison Beach Preservation Association showing financial trends over 1 year of public records:
In its most recent filing year (2017), Madison Beach Preservation Association reported a deficit of $224K, with expenses exceeding revenue. The organization holds $304K in liabilities against $449 in assets (debt-to-asset ratio: 67692.9%), resulting in net assets of $-303,492.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $139K | $363K | $449 | $304K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Madison Beach Preservation Association:
Data Sources and Methodology
This transparency report for Madison Beach Preservation Association 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.