Madisonville Education And Assistance Center Inc
EIN: 311218223 · Cincinnati, OH · NTEE: P60Z
| Metric | Value |
|---|---|
| Total Revenue | $762K |
| Total Expenses | $861K |
| Net Assets | $653K |
Is Madisonville Education And Assistance Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Madisonville Education And Assistance Center Inc
Madisonville Education And Assistance Center Inc (EIN: 311218223) is a nonprofit organization based in Cincinnati, OH, classified under NTEE code P60Z. The organization reported total revenue of $762K and total assets of $704K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Madisonville Education And Assistance Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Madisonville Education And Assistance Center Inc is a small nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $755K |
| Total Expenses | $861K |
| Surplus / Deficit | $-106,417 |
| Total Assets | $672K |
| Total Liabilities | $19K |
| Net Assets | $653K |
| Operating Margin | -14.1% |
| Debt-to-Asset Ratio | 2.8% |
| Months of Reserves | 9.4 months |
Financial Health Grade: B
In 2023, Madisonville Education And Assistance Center Inc reported a deficit of $106K with expenses exceeding revenue, holds 9.4 months of operating reserves (strong position), has a debt-to-asset ratio of 2.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Madisonville Education And Assistance Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.2% | +8.0% | -13.5% |
| 2022 | -1.8% | -9.1% | +4.4% |
| 2021 | -25.2% | -20.6% | -6.0% |
| 2020 | +89.8% | +63.6% | +4.8% |
| 2019 | -60.4% | -55.9% | -10.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Madisonville Education And Assistance Center Inc 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 Madisonville Education And Assistance Center Inc 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 $106K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.8%.
Frequently Asked Questions about Madisonville Education And Assistance Center Inc
Is Madisonville Education And Assistance Center Inc a legitimate charity?
Madisonville Education And Assistance Center Inc (EIN: 311218223) is a registered tax-exempt nonprofit based in Ohio. It has 13 years of IRS 990 filings on record. Total revenue: $762K. No red flags identified. Financial health grade: B.
How does Madisonville Education And Assistance Center Inc spend its money?
Madisonville Education And Assistance Center Inc reported $762K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Madisonville Education And Assistance Center Inc tax-deductible?
Madisonville Education And Assistance Center Inc is registered as a tax-exempt nonprofit (EIN: 311218223). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Madisonville Education And Assistance Center Inc located?
Madisonville Education And Assistance Center Inc is headquartered in Cincinnati, Ohio and files with the IRS under EIN 311218223. It is classified under NTEE code P60Z.
How many years of IRS 990 filings does Madisonville Education And Assistance Center Inc have?
Madisonville Education And Assistance Center Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $762K in total revenue.
Filing History
IRS 990 filing history for Madisonville Education And Assistance Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Madisonville Education And Assistance Center Inc's revenue has grown by 10.7%, moving from $682K to $755K. Total assets increased by 340.2% over the same period, from $153K to $672K. Total functional expenses rose by 26.1%, from $683K to $861K. In its most recent filing year (2023), Madisonville Education And Assistance Center Inc reported a deficit of $106K, with expenses exceeding revenue. The organization holds $19K in liabilities against $672K in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $653K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $755K | $861K | $672K | $19K | — | — |
| 2022 | $823K | $797K | $777K | $18K | — | View 990 |
| 2021 | $838K | $877K | $744K | $13K | — | View 990 |
| 2020 | $1.1M | $1.1M | $791K | $27K | — | View 990 |
| 2019 | $590K | $675K | $755K | $13K | — | View 990 |
| 2018 | $1.5M | $1.5M | $840K | $13K | — | View 990 |
| 2017 | $1.3M | $1.3M | $878K | $13K | — | View 990 |
| 2016 | $1.1M | $1.0M | $747K | $0 | — | View 990 |
| 2015 | $1.0M | $906K | $696K | $18K | — | View 990 |
| 2014 | $1.1M | $851K | $569K | $163 | — | View 990 |
| 2013 | $989K | $855K | $324K | $0 | — | View 990 |
| 2012 | $834K | $796K | $190K | $0 | — | View 990 |
| 2011 | $682K | $683K | $153K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $755K, expenses of $861K, and assets of $672K (revenue -8.2% year-over-year).
- 2022: Revenue of $823K, expenses of $797K, and assets of $777K (revenue -1.8% year-over-year).
- 2021: Revenue of $838K, expenses of $877K, and assets of $744K (revenue -25.2% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.1M, and assets of $791K (revenue +89.8% year-over-year).
- 2019: Revenue of $590K, expenses of $675K, and assets of $755K (revenue -60.4% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.5M, and assets of $840K (revenue +18.6% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.3M, and assets of $878K (revenue +14.3% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.0M, and assets of $747K (revenue +8.2% year-over-year).
- 2015: Revenue of $1.0M, expenses of $906K, and assets of $696K (revenue -7.3% year-over-year).
- 2014: Revenue of $1.1M, expenses of $851K, and assets of $569K (revenue +10.9% year-over-year).
- 2013: Revenue of $989K, expenses of $855K, and assets of $324K (revenue +18.5% year-over-year).
- 2012: Revenue of $834K, expenses of $796K, and assets of $190K (revenue +22.3% year-over-year).
- 2011: Revenue of $682K, expenses of $683K, and assets of $153K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Madisonville Education And Assistance Center Inc:
Data Sources and Methodology
This transparency report for Madisonville Education And Assistance Center Inc 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.