Madison Business Alliance
EIN: 271876928 · Madison, ME · NTEE: Y01
| Metric | Value |
|---|---|
| Total Expenses | $12K |
| Net Assets | $2K |
Is Madison Business Alliance Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Madison Business Alliance
Madison Business Alliance (EIN: 271876928) is a nonprofit organization based in Madison, ME, classified under NTEE code Y01. 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 Business Alliance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Madison Business Alliance is a micro nonprofit that has been operating for 2 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $12K |
| Surplus / Deficit | $-9,685 |
| Total Assets | $3K |
| Total Liabilities | $1K |
| Net Assets | $2K |
| Operating Margin | -503.9% |
| Debt-to-Asset Ratio | 44.2% |
| Months of Reserves | 3.4 months |
Financial Health Grade: B
In 2023, Madison Business Alliance reported a deficit of $10K with expenses exceeding revenue, holds 3.4 months of operating reserves (adequate), has a debt-to-asset ratio of 44.2% (moderate leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Madison Business Alliance 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 Business Alliance 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 deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 44.2%.
Frequently Asked Questions about Madison Business Alliance
Is Madison Business Alliance a legitimate charity?
Based on AI analysis of IRS 990 filings, Madison Business Alliance (EIN: 271876928) insufficient data. 0 red flags identified, 0 strengths noted.
How does Madison Business Alliance spend its money?
Detailed spending breakdown data is not yet available for Madison Business Alliance. Check back for updated IRS 990 analysis.
Are donations to Madison Business Alliance tax-deductible?
Madison Business Alliance is registered as a tax-exempt nonprofit (EIN: 271876928). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Madison Business Alliance located?
Madison Business Alliance is headquartered in Madison, Maine and files with the IRS under EIN 271876928. It is classified under NTEE code Y01.
Filing History
IRS 990 filing history for Madison Business Alliance showing financial trends over 1 year of public records:
In its most recent filing year (2023), Madison Business Alliance reported a deficit of $10K, with expenses exceeding revenue. The organization holds $1K in liabilities against $3K in assets (debt-to-asset ratio: 44.2%), resulting in net assets of $2K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2K | $12K | $3K | $1K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Madison Business Alliance:
Data Sources and Methodology
This transparency report for Madison Business Alliance 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.