Madonna Of The Streets Inc
Madonna Of The Streets Inc shows consistent growth and strong financial transparency with no reported officer compensation.
EIN: 161433964 · Buffalo, NY · NTEE: F20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.8M |
| Total Expenses | $3.7M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $888K |
| Transparency Score | 90/100 |
Is Madonna Of The Streets Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Madonna Of The Streets Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Madonna Of The Streets Inc
Madonna Of The Streets Inc (EIN: 161433964) is a nonprofit organization based in Buffalo, NY, classified under NTEE code F20. The organization reported total revenue of $3.8M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Madonna Of The Streets Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Madonna Of The Streets Inc is a mid-size nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.6M |
| Total Expenses | $3.7M |
| Surplus / Deficit | $-58,748 |
| Total Assets | $1.2M |
| Total Liabilities | $313K |
| Net Assets | $888K |
| Operating Margin | -1.6% |
| Debt-to-Asset Ratio | 26.1% |
| Months of Reserves | 3.9 months |
Financial Health Grade: B
In 2023, Madonna Of The Streets Inc reported a deficit of $59K with expenses exceeding revenue, holds 3.9 months of operating reserves (adequate), has a debt-to-asset ratio of 26.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Madonna Of The Streets Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.5% | +16.1% | +13.1% |
| 2022 | -0.2% | +14.8% | +3.2% |
| 2021 | +61.5% | +43.1% | +22.9% |
| 2020 | +10.1% | +8.9% | -5.5% |
| 2019 | -5.9% | +4.0% | -39.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Madonna Of The Streets Inc with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Madonna Of The Streets Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $59K, with expenses exceeding revenue.
- Debt-to-asset ratio: 26.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly commendable for an organization of its size with revenues exceeding $3 million.
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 Madonna Of The Streets Inc:
- 0% Officer Compensation: A significant strength indicating high financial transparency and dedication to mission.
- Consistent Revenue Growth: Revenue has more than doubled over the past decade, from $1.6M in 2014 to $3.6M in 2023.
- Healthy Asset Base: Maintains a strong asset base relative to liabilities, indicating financial stability.
- Low Liabilities: Liabilities are consistently a small fraction of total assets, suggesting good financial management.
Frequently Asked Questions about Madonna Of The Streets Inc
Is Madonna Of The Streets Inc a legitimate charity?
Madonna Of The Streets Inc (EIN: 161433964) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.8M. No red flags identified. 4 strengths noted. Financial health grade: B.
How does Madonna Of The Streets Inc spend its money?
Madonna Of The Streets Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Madonna Of The Streets Inc tax-deductible?
Madonna Of The Streets Inc is registered as a tax-exempt nonprofit (EIN: 161433964). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Madonna Of The Streets Inc CEO make?
Madonna Of The Streets Inc's highest-compensated officer earns $3 annually. The organization reported $3.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Madonna Of The Streets Inc's spending goes to programs?
Madonna Of The Streets Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Madonna Of The Streets Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Madonna Of The Streets Inc is above average for NTEE category F20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Madonna Of The Streets Inc located?
Madonna Of The Streets Inc is headquartered in Buffalo, New York and files with the IRS under EIN 161433964. It is classified under NTEE code F20.
How many years of IRS 990 filings does Madonna Of The Streets Inc have?
Madonna Of The Streets 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 $3.8M in total revenue.
Is Madonna Of The Streets Inc a good charity?
Based on the available IRS 990 data, Madonna Of The Streets Inc appears to be a very good charity. It demonstrates strong financial transparency with 0% officer compensation, consistent revenue growth, and a healthy asset-to-liability ratio.
How has the organization's revenue grown over time?
Madonna Of The Streets Inc has shown significant revenue growth, increasing from $1,630,915 in 201407 to $3,611,561 in 202307, more than doubling its revenue in a decade.
What is the trend in the organization's assets?
The organization's assets have generally increased over the past decade, from $1,292,226 in 201407 to $1,201,327 in 202307, with some fluctuations, indicating a stable financial base.
Filing History
IRS 990 filing history for Madonna Of The Streets Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Madonna Of The Streets Inc's revenue has grown by 227.8%, moving from $1.1M to $3.6M. Total assets increased by 8.1% over the same period, from $1.1M to $1.2M. Total functional expenses rose by 305.3%, from $906K to $3.7M. In its most recent filing year (2023), Madonna Of The Streets Inc reported a deficit of $59K, with expenses exceeding revenue. The organization holds $313K in liabilities against $1.2M in assets (debt-to-asset ratio: 26.1%), resulting in net assets of $888K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.6M | $3.7M | $1.2M | $313K | — | View 990 |
| 2022 | $3.1M | $3.2M | $1.1M | $116K | — | View 990 |
| 2021 | $3.1M | $2.8M | $1.0M | $45K | — | View 990 |
| 2020 | $1.9M | $1.9M | $838K | $258K | — | — |
| 2019 | $1.8M | $1.8M | $887K | $323K | — | View 990 |
| 2018 | $1.9M | $1.7M | $1.5M | $333K | — | View 990 |
| 2017 | $1.7M | $1.7M | $1.3M | $291K | — | — |
| 2016 | $1.5M | $1.6M | $1.2M | $328K | — | View 990 |
| 2015 | $1.6M | $1.8M | $1.2M | $247K | — | View 990 |
| 2014 | $1.6M | $1.7M | $1.3M | $216K | — | View 990 |
| 2013 | $1.7M | $1.4M | $1.4M | $232K | — | View 990 |
| 2012 | $1.3M | $1.2M | $1.2M | $253K | — | View 990 |
| 2011 | $1.1M | $906K | $1.1M | $251K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.6M, expenses of $3.7M, and assets of $1.2M (revenue +15.5% year-over-year).
- 2022: Revenue of $3.1M, expenses of $3.2M, and assets of $1.1M (revenue -0.2% year-over-year).
- 2021: Revenue of $3.1M, expenses of $2.8M, and assets of $1.0M (revenue +61.5% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.9M, and assets of $838K (revenue +10.1% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.8M, and assets of $887K (revenue -5.9% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.7M, and assets of $1.5M (revenue +9.7% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.7M, and assets of $1.3M (revenue +10.8% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.6M, and assets of $1.2M (revenue -6.3% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.8M, and assets of $1.2M (revenue +0.7% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.7M, and assets of $1.3M (revenue -1.7% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.4M, and assets of $1.4M (revenue +31.7% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.2M, and assets of $1.2M (revenue +14.3% year-over-year).
- 2011: Revenue of $1.1M, expenses of $906K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Madonna Of The Streets Inc:
Data Sources and Methodology
This transparency report for Madonna Of The Streets 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.