Madison Community Pool Corporation
Madison Community Pool Corporation: Sustained Community Asset with Financial Stability
EIN: 221847264 · Madison, NJ · NTEE: Z99Z · Updated: 2026-04-04
About Madison Community Pool Corporation
Madison Community Pool Corporation (EIN: 221847264) is a nonprofit organization based in Madison, NJ, classified under NTEE code Z99Z. The organization reported total revenue of $446K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Madison Community Pool Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Madison Community Pool Corporation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Madison Community Pool Corporation allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is not reported in the provided filings, with 'c0%' consistently listed, suggesting a volunteer-led or very low-paid leadership structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Madison Community Pool Corporation:
- Consistent asset base over multiple years, demonstrating long-term stability.
- Low liabilities indicate strong financial health and responsible management.
- Sustained revenue generation supports the ongoing operation of a valuable community asset.
- No reported executive compensation suggests a high degree of volunteerism or efficient use of funds.
Frequently Asked Questions about Madison Community Pool Corporation
What does Madison Community Pool Corporation do?
Madison Community Pool Corporation is a nonprofit organization in the Unknown sector, located in Madison, New Jersey. It is classified under NTEE code Z99Z.
How much revenue does Madison Community Pool Corporation have?
Madison Community Pool Corporation reported total revenue of $446,468. Based on 10 IRS 990 filings on record.
What are Madison Community Pool Corporation's total assets?
Madison Community Pool Corporation holds total assets of $1,061,729 as reported in IRS 990 filings.
Where is Madison Community Pool Corporation located?
Madison Community Pool Corporation is based in Madison, New Jersey.
What is Madison Community Pool Corporation's EIN?
Madison Community Pool Corporation's Employer Identification Number (EIN) is 221847264. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Madison Community Pool Corporation?
Madison Community Pool Corporation is classified under NTEE code Z99Z (Unknown).
Is Madison Community Pool Corporation a registered 501(c)(3)?
Yes, Madison Community Pool Corporation is recognized as a tax-exempt organization by the IRS. EIN: 221847264.
Does Madison Community Pool Corporation file IRS Form 990?
Yes, Madison Community Pool Corporation has 10 IRS Form 990 filings on record. The most recent covers tax period 202010.
What was Madison Community Pool Corporation's revenue in 2020?
In the 202010 filing period, Madison Community Pool Corporation reported total revenue of $438,641, total expenses of $699,910, and net assets of $1,061,729.
Is Madison Community Pool Corporation's revenue growing or declining?
Madison Community Pool Corporation's revenue is declining. Revenue went from $614,346 (201910) to $438,641 (202010), a -28.6% change. Based on 10 filings on record.
What is Madison Community Pool Corporation's most recent 990 filing?
The most recent IRS Form 990 filing for Madison Community Pool Corporation covers tax period 202010. It shows revenue of $438,641, expenses of $699,910, total assets of $1,061,729, and liabilities of $176,958.
How much does Madison Community Pool Corporation spend on programs vs administration?
Based on IRS 990 analysis, Madison Community Pool Corporation allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Madison Community Pool Corporation a trustworthy charity?
Based on AI analysis of IRS 990 data, Madison Community Pool Corporation appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Madison Community Pool Corporation's strengths?
Positive indicators for Madison Community Pool Corporation include: Consistent asset base over multiple years, demonstrating long-term stability.. Low liabilities indicate strong financial health and responsible management.. Sustained revenue generation supports the ongoing operation of a valuable community asset.. No reported executive compensation suggests a high degree of volunteerism or efficient use of funds.. These findings are derived from AI analysis of the organization's financial filings.
How does Madison Community Pool Corporation compensate executives?
Executive compensation is not reported in the provided filings, with 'c0%' consistently listed, suggesting a volunteer-led or very low-paid leadership structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent 'c0%' for compensation, how does the organization manage its operational leadership and administrative functions?
The absence of reported compensation suggests that the Madison Community Pool Corporation likely relies heavily on volunteer leadership or has a very lean, potentially part-time, paid administrative structure that falls below reporting thresholds, indicating a strong community-driven model.
What is the long-term trend of the organization's net assets, and what does this imply about its sustainability?
The organization's assets have gradually decreased from $1,564,781 in 2013 to $1,061,729 in 2020, while liabilities remained low. This suggests a controlled drawdown of assets, possibly for capital improvements or operational expenses, but the substantial remaining asset base indicates continued long-term sustainability.
Filing History
IRS 990 filing history for Madison Community Pool Corporation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Madison Community Pool Corporation's revenue has declined by 28.1%, moving from $610K to $439K. Total assets decreased by 33.6% over the same period, from $1.6M to $1.1M. Total functional expenses rose by 14.3%, from $612K to $700K. In its most recent filing year (2020), Madison Community Pool Corporation reported a deficit of $261K, with expenses exceeding revenue. The organization holds $177K in liabilities against $1.1M in assets (debt-to-asset ratio: 16.7%), resulting in net assets of $885K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2020 | $439K | $700K | $1.1M | $177K | — | — |
| 2019 | $614K | $838K | $1.1M | $21K | — | View 990 |
| 2018 | $593K | $712K | $1.3M | $12K | — | View 990 |
| 2017 | $591K | $608K | $1.5M | $5K | — | — |
| 2016 | $599K | $585K | $1.5M | $2K | — | View 990 |
| 2015 | $600K | $660K | $1.5M | $3K | — | View 990 |
| 2014 | $579K | $616K | $1.5M | $3K | — | View 990 |
| 2013 | $561K | $574K | $1.6M | $11K | — | View 990 |
| 2012 | $553K | $583K | $1.6M | $200 | — | View 990 |
| 2011 | $610K | $612K | $1.6M | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $439K, expenses of $700K, and assets of $1.1M (revenue -28.6% year-over-year).
- 2019: Revenue of $614K, expenses of $838K, and assets of $1.1M (revenue +3.6% year-over-year).
- 2018: Revenue of $593K, expenses of $712K, and assets of $1.3M (revenue +0.4% year-over-year).
- 2017: Revenue of $591K, expenses of $608K, and assets of $1.5M (revenue -1.3% year-over-year).
- 2016: Revenue of $599K, expenses of $585K, and assets of $1.5M (revenue -0.2% year-over-year).
- 2015: Revenue of $600K, expenses of $660K, and assets of $1.5M (revenue +3.7% year-over-year).
- 2014: Revenue of $579K, expenses of $616K, and assets of $1.5M (revenue +3.1% year-over-year).
- 2013: Revenue of $561K, expenses of $574K, and assets of $1.6M (revenue +1.4% year-over-year).
- 2012: Revenue of $553K, expenses of $583K, and assets of $1.6M (revenue -9.3% year-over-year).
- 2011: Revenue of $610K, expenses of $612K, and assets of $1.6M.
Data Sources and Methodology
This transparency report for Madison Community Pool Corporation 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.