Madrona Institute
Madrona Institute shows consistent revenue growth and zero officer compensation, building assets steadily.
EIN: 203363030 · Friday Harbor, WA · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $258K |
| Total Expenses | $123K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $257,984. |
| Net Assets | $83K |
| Transparency Score | 90/100 |
Search Intent Cockpit
Madrona Institute Form 990, Revenue, CEO Pay, and IRS Filing Signals
Madrona Institute is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Madrona Institute in one place.
Form 990 Filing Summary
11 filing years are available, with latest revenue of $155K and expenses of $123K.
Revenue and Expenses
Madrona Institute reported $155K in revenue and $123K in expenses, a surplus of $32K.
Executive Compensation
Top officer compensation appears as $257,984. in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
90/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.
Is Madrona Institute Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $105K (85%) |
Across stored filings, Madrona Institute shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Appears Legitimate | Good filing record; no red flags identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade A | 11 stored filing years |
| Peer context | Compare with Okanogan Regional Humane | Washington and Education context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Okanogan Regional Humane →All Washington nonprofits
All Education
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Friday Harbor, WA nonprofitsEducation in Washington
Education in Washington
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Education spending
Best Education charities in Washington
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
Olympic Peninsula Community Clinic
Port Angeles, WA · $3.3M revenue · Score 95/100
Compare side-by-sideWashington International School
Seattle, WA · $1.7M revenue · Score 85/100
Compare side-by-sideFaunalytics
Olympia, WA · $1.5M revenue · Score 95/100
Compare side-by-sideClean & Sober Softball Association
Redmond, WA · $190K revenue · Score 92/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
Madrona Institute directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Madrona Institute
Madrona Institute (EIN: 203363030) is a nonprofit organization based in Friday Harbor, WA, classified under NTEE code B99. The organization reported total revenue of $258K and total assets of $25K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Madrona Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Madrona Institute is a small nonprofit that has been operating for 20 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 8.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $155K |
| Total Expenses | $123K |
| Surplus / Deficit | +$32K |
| Total Assets | $85K |
| Total Liabilities | $2K |
| Net Assets | $83K |
| Operating Margin | 20.4% |
| Debt-to-Asset Ratio | 2.3% |
| Months of Reserves | 8.3 months |
Financial Health Grade: A
In 2023, Madrona Institute reported a surplus of $32K with revenue exceeding expenses, holds 8.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.3% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Madrona Institute's revenue has grown at a compound annual growth rate (CAGR) of 8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +154.0% | +90.3% | +60.0% |
| 2022 | -10.4% | +38.5% | -5.2% |
| 2021 | +24.4% | +34.9% | +64.1% |
| 2020 | -2.9% | -16.8% | +92.0% |
| 2019 | -12.2% | -42.0% | +930.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 Madrona Institute 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, Madrona Institute 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 surplus of $32K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.3%.
Executive Compensation Analysis
Madrona Institute consistently reports 0% officer compensation across all 11 available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for an organization of its size with latest revenue of $257,984.
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 Madrona Institute:
- Consistent 0% officer compensation across all filings, indicating strong commitment to mission.
- Significant growth in assets from $8,437 in 2014 to $85,038 in 2023, demonstrating financial stability and capacity.
- Positive net income in recent years (e.g., $31,529 in 202312, $21,221 in 202112), showing effective expense management.
- Regular and consistent IRS 990 filing history (11 filings), indicating strong transparency and compliance.
- Revenue growth from $74,827 in 2014 to $154,586 in 2023, suggesting increasing support and operational scale.
Frequently Asked Questions about Madrona Institute
Is Madrona Institute a legitimate charity?
Madrona Institute (EIN: 203363030) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 90/100. It has 11 years of IRS 990 filings on record. Total revenue: $258K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Madrona Institute spend its money?
Madrona Institute directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Madrona Institute tax-deductible?
Madrona Institute is registered as a tax-exempt nonprofit (EIN: 203363030). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Madrona Institute CEO make?
Madrona Institute's highest-compensated officer earns $257,984. annually. The organization reported $258K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Madrona Institute's spending goes to programs?
Madrona Institute directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Madrona Institute compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Madrona Institute is above average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Madrona Institute located?
Madrona Institute is headquartered in Friday Harbor, Washington and files with the IRS under EIN 203363030. It is classified under NTEE code B99.
How many years of IRS 990 filings does Madrona Institute have?
Madrona Institute has 11 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 $258K in total revenue.
Is Madrona Institute a good charity?
Based on the provided financial data, Madrona Institute appears to be a good charity. It demonstrates strong financial health with growing revenues and assets, consistently manages expenses below revenue in recent years, and notably reports 0% officer compensation, indicating a strong commitment to its mission.
How has Madrona Institute's financial health changed over time?
Madrona Institute's financial health has significantly improved. While there were periods of expenses exceeding revenue (e.g., 2018, 2016), the organization has shown consistent revenue growth and positive net income in recent years, leading to a substantial increase in assets from $8,437 in 2014 to $85,038 in 2023.
What is the trend in Madrona Institute's assets?
Madrona Institute's assets have shown a strong upward trend, particularly in the last few years. Starting from $8,437 in 2014, assets grew to $34,147 in 2020 and then significantly jumped to $85,038 in the latest 202312 filing period, indicating effective asset accumulation and financial stability.
Filing History
IRS 990 filing history for Madrona Institute showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Madrona Institute's revenue has grown by 125.3%, moving from $69K to $155K. Total assets increased by 1279.8% over the same period, from $6K to $85K. Total functional expenses rose by 101.4%, from $61K to $123K. In its most recent filing year (2023), Madrona Institute reported a surplus of $32K, with revenue exceeding expenses. The organization holds $2K in liabilities against $85K in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $83K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $155K | $123K | $85K | $2K | — | — |
| 2022 | $61K | $65K | $53K | $2K | — | View 990 |
| 2021 | $68K | $47K | $56K | $683 | — | View 990 |
| 2020 | $55K | $35K | $34K | $0 | — | — |
| 2019 | $56K | $42K | $18K | $4K | — | View 990 |
| 2018 | $64K | $72K | $2K | $2K | — | View 990 |
| 2017 | $87K | $86K | $7K | $0 | — | View 990 |
| 2016 | $133K | $136K | $7K | $829 | — | View 990 |
| 2015 | $76K | $76K | $9K | $0 | — | View 990 |
| 2014 | $75K | $73K | $8K | $0 | — | View 990 |
| 2013 | $69K | $61K | $6K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $155K, expenses of $123K, and assets of $85K (revenue +154.0% year-over-year).
- 2022: Revenue of $61K, expenses of $65K, and assets of $53K (revenue -10.4% year-over-year).
- 2021: Revenue of $68K, expenses of $47K, and assets of $56K (revenue +24.4% year-over-year).
- 2020: Revenue of $55K, expenses of $35K, and assets of $34K (revenue -2.9% year-over-year).
- 2019: Revenue of $56K, expenses of $42K, and assets of $18K (revenue -12.2% year-over-year).
- 2018: Revenue of $64K, expenses of $72K, and assets of $2K (revenue -26.2% year-over-year).
- 2017: Revenue of $87K, expenses of $86K, and assets of $7K (revenue -34.7% year-over-year).
- 2016: Revenue of $133K, expenses of $136K, and assets of $7K (revenue +75.0% year-over-year).
- 2015: Revenue of $76K, expenses of $76K, and assets of $9K (revenue +1.6% year-over-year).
- 2014: Revenue of $75K, expenses of $73K, and assets of $8K (revenue +9.1% year-over-year).
- 2013: Revenue of $69K, expenses of $61K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Madrona Institute:
Data Sources and Methodology
This transparency report for Madrona Institute 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.