Madison Way Homeowners Assoication
EIN: 550779365 · Scott Depot, WV · NTEE: L50
| Metric | Value |
|---|---|
| Total Expenses | $973 |
| Net Assets | $7K |
Is Madison Way Homeowners Assoication Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Madison Way Homeowners Assoication
Madison Way Homeowners Assoication (EIN: 550779365) is a nonprofit organization based in Scott Depot, WV, classified under NTEE code L50. 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 Way Homeowners Assoication's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Madison Way Homeowners Assoication is a micro nonprofit that has been operating for 23 years.
Key Financial Metrics (2010)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $973 |
| Surplus / Deficit | +$777 |
| Total Assets | $7K |
| Net Assets | $7K |
| Operating Margin | 44.4% |
| Months of Reserves | 83.2 months |
Financial Health Grade: A
In 2010, Madison Way Homeowners Assoication reported a surplus of $777 with revenue exceeding expenses, holds 83.2 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Madison Way Homeowners Assoication 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 Way Homeowners Assoication 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 (2010)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $777, with revenue exceeding expenses.
Frequently Asked Questions about Madison Way Homeowners Assoication
Is Madison Way Homeowners Assoication a legitimate charity?
Based on AI analysis of IRS 990 filings, Madison Way Homeowners Assoication (EIN: 550779365) insufficient data. 0 red flags identified, 0 strengths noted.
How does Madison Way Homeowners Assoication spend its money?
Detailed spending breakdown data is not yet available for Madison Way Homeowners Assoication. Check back for updated IRS 990 analysis.
Are donations to Madison Way Homeowners Assoication tax-deductible?
Madison Way Homeowners Assoication is registered as a tax-exempt nonprofit (EIN: 550779365). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Madison Way Homeowners Assoication located?
Madison Way Homeowners Assoication is headquartered in Scott Depot, West Virginia and files with the IRS under EIN 550779365. It is classified under NTEE code L50.
Filing History
IRS 990 filing history for Madison Way Homeowners Assoication showing financial trends over 1 year of public records:
In its most recent filing year (2010), Madison Way Homeowners Assoication reported a surplus of $777, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2010 | $2K | $973 | $7K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Madison Way Homeowners Assoication:
Data Sources and Methodology
This transparency report for Madison Way Homeowners Assoication 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.