Madre Inc
Madre Inc. shows strong asset growth and zero executive compensation, but recent expenses exceeded revenue.
EIN: 133280194 · New York, NY · NTEE: Q700 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $17.8M |
| Total Expenses | $13.9M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $17,826,601 |
| Net Assets | $28.4M |
| Transparency Score | 85/100 |
Is Madre Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Madre Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Madre Inc
Madre Inc (EIN: 133280194) is a nonprofit organization based in New York, NY, classified under NTEE code Q700. The organization reported total revenue of $17.8M and total assets of $26.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Madre Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Madre Inc is a large nonprofit that has been operating for 42 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 8.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.5M |
| Total Expenses | $13.9M |
| Surplus / Deficit | $-5,405,105 |
| Total Assets | $29.6M |
| Total Liabilities | $1.3M |
| Net Assets | $28.4M |
| Operating Margin | -63.6% |
| Debt-to-Asset Ratio | 4.3% |
| Months of Reserves | 25.6 months |
Financial Health Grade: B
In 2023, Madre Inc reported a deficit of $5.4M with expenses exceeding revenue, holds 25.6 months of operating reserves (strong position), has a debt-to-asset ratio of 4.3% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Madre Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -72.4% | +29.5% | -13.8% |
| 2022 | +205.0% | +19.6% | +121.9% |
| 2021 | +68.0% | +24.5% | +9.2% |
| 2020 | -33.9% | +1.2% | -4.6% |
| 2019 | -5.3% | +37.4% | +12.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Madre Inc 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, Madre Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a strong positive for a nonprofit of Madre Inc.'s size, with latest revenue of $17,826,601 and assets of $26,234,527, suggesting a high dedication of resources to its mission.
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.
Red Flags
The following concerns were identified during AI analysis of Madre Inc's IRS 990 filings:
- Significant deficit in the most recent filing (202309), with expenses exceeding revenue by over $5 million.
- High volatility in annual revenue, ranging from $2.4 million to over $30 million, which could indicate reliance on large, infrequent grants or project-based funding.
Strengths
The following positive indicators were identified for Madre Inc:
- Consistent reporting of 0% officer compensation, indicating strong fiscal responsibility and dedication to mission.
- Substantial growth in assets over the past decade, from $5.5 million in 2014 to nearly $30 million in 2023.
- Low liabilities relative to assets across all reported periods, demonstrating a healthy balance sheet.
- Strong revenue performance in some periods, such as $30.7 million in 202209, indicating capacity for significant fundraising.
Frequently Asked Questions about Madre Inc
Is Madre Inc a legitimate charity?
Madre Inc (EIN: 133280194) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $17.8M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Madre Inc spend its money?
Madre Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Madre Inc tax-deductible?
Madre Inc is registered as a tax-exempt nonprofit (EIN: 133280194). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Madre Inc CEO make?
Madre Inc's highest-compensated officer earns $17,826,601 annually. The organization reported $17.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Madre Inc's spending goes to programs?
Madre Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Madre Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Madre Inc is above average for NTEE category Q700 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Madre Inc located?
Madre Inc is headquartered in New York, New York and files with the IRS under EIN 133280194. It is classified under NTEE code Q700.
How many years of IRS 990 filings does Madre Inc have?
Madre Inc has 14 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 $17.8M in total revenue.
Why did expenses significantly exceed revenue in the 202309 period?
In the 202309 period, Madre Inc. reported expenses of $13,897,405 against revenue of $8,492,300, resulting in a deficit. This could be due to the timing of large project expenditures, a decrease in grant funding for that specific period, or strategic use of accumulated reserves from previous profitable years, such as 202209 where revenue was $30,735,703.
How does Madre Inc. sustain operations with fluctuating revenue?
Madre Inc. appears to manage revenue fluctuations by maintaining substantial assets. For example, in 202209, assets were $34,384,161, providing a buffer for periods like 202309 where expenses exceeded revenue. This suggests a strategy of building reserves during high-revenue periods to cover operational costs during leaner times.
What is the long-term trend of Madre Inc.'s financial health?
Over the long term, Madre Inc. has shown significant growth in assets, from $5,503,457 in 201412 to $29,634,783 in 202309. While revenue and expenses fluctuate annually, the consistent growth in assets and low liabilities indicate a generally strong and improving financial health.
Filing History
IRS 990 filing history for Madre Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Madre Inc's revenue has grown by 177%, moving from $3.1M to $8.5M. Total assets increased by 925% over the same period, from $2.9M to $29.6M. Total functional expenses rose by 469.6%, from $2.4M to $13.9M. In its most recent filing year (2023), Madre Inc reported a deficit of $5.4M, with expenses exceeding revenue. The organization holds $1.3M in liabilities against $29.6M in assets (debt-to-asset ratio: 4.3%), resulting in net assets of $28.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.5M | $13.9M | $29.6M | $1.3M | — | — |
| 2022 | $30.7M | $10.7M | $34.4M | $499K | — | View 990 |
| 2021 | $10.1M | $9.0M | $15.5M | $800K | — | View 990 |
| 2020 | $6.0M | $7.2M | $14.2M | $810K | — | — |
| 2019 | $9.1M | $7.1M | $14.9M | $345K | — | View 990 |
| 2018 | $9.6M | $5.2M | $13.2M | $513K | — | View 990 |
| 2017 | $5.8M | $3.4M | $8.6M | $275K | — | View 990 |
| 2016 | $4.9M | $4.3M | $6.1M | $194K | — | View 990 |
| 2015 | $2.5M | $2.5M | $5.6M | $284K | — | View 990 |
| 2014 | $5.0M | $2.0M | $5.5M | $112K | — | View 990 |
| 2013 | $2.2M | $1.8M | $2.8M | $471K | — | View 990 |
| 2012 | $2.0M | $1.9M | $2.7M | $500K | — | View 990 |
| 2011 | $1.6M | $2.1M | $2.6M | $545K | — | View 990 |
| 2010 | $3.1M | $2.4M | $2.9M | $267K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.5M, expenses of $13.9M, and assets of $29.6M (revenue -72.4% year-over-year).
- 2022: Revenue of $30.7M, expenses of $10.7M, and assets of $34.4M (revenue +205.0% year-over-year).
- 2021: Revenue of $10.1M, expenses of $9.0M, and assets of $15.5M (revenue +68.0% year-over-year).
- 2020: Revenue of $6.0M, expenses of $7.2M, and assets of $14.2M (revenue -33.9% year-over-year).
- 2019: Revenue of $9.1M, expenses of $7.1M, and assets of $14.9M (revenue -5.3% year-over-year).
- 2018: Revenue of $9.6M, expenses of $5.2M, and assets of $13.2M (revenue +64.4% year-over-year).
- 2017: Revenue of $5.8M, expenses of $3.4M, and assets of $8.6M (revenue +20.0% year-over-year).
- 2016: Revenue of $4.9M, expenses of $4.3M, and assets of $6.1M (revenue +98.2% year-over-year).
- 2015: Revenue of $2.5M, expenses of $2.5M, and assets of $5.6M (revenue -51.5% year-over-year).
- 2014: Revenue of $5.0M, expenses of $2.0M, and assets of $5.5M (revenue +134.2% year-over-year).
- 2013: Revenue of $2.2M, expenses of $1.8M, and assets of $2.8M (revenue +10.0% year-over-year).
- 2012: Revenue of $2.0M, expenses of $1.9M, and assets of $2.7M (revenue +25.8% year-over-year).
- 2011: Revenue of $1.6M, expenses of $2.1M, and assets of $2.6M (revenue -49.1% year-over-year).
- 2010: Revenue of $3.1M, expenses of $2.4M, and assets of $2.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Madre Inc:
Data Sources and Methodology
This transparency report for Madre 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.