MADISON ACADEMIC DEVELOPMENT FOUNDATION MAD FOUNDATION
CAPITOL HGTS,
Maryland,
20791
EIN: 86-2470174
Educational Institutions and Related Activities
MISSION
The primary goal of the M.A.D. Foundation shall be to assist in the academic development of its beneficiaries by funding and assisting to fund educational opportunities in contribution to, preparation for and in relation to collegiate matriculation
FORM 1023-EZ for MADISON ACADEMIC DEVELOPMENT FOUNDATION MAD FOUNDATION
DEMOGRAPHIC
ADDRESS
PO BOX 5317
20791
COUNTY
prince georges county, MD
IN CARE OF NAME
JONATHAN MADISON
ORGANIZATIONAL OVERVIEW & RANKINGS
MADISON ACADEMIC DEVELOPMENT FOUNDATION MAD FOUNDATION is a based in CAPITOL HGTS, MD, focused on Educational Institutions and Related Activities causes , specifically Scholarships, Student Financial Aid Services, Awards. Established in June 2021, it operates as an independent association and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,201,258 among 2,656,690 nonprofits nationally (Top 46%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 21,554 out of 58,073 organizations in MD (Top 38%).
In prince georges county, MD, the organization ranks 2,143 out of 10,104 nonprofits by assets (Top 22%), while locally in capitol hgts, it stands at 186 among 321 organizations (Top 55%).
The organization reported no revenue in the most recent filing period, placing it at 1,082,805 nationally and 36,858 in MD.
Within its specific NTEE classification (B82 - B: Educational Institutions and Related Activities), which includes 31,922 similar organizations, MADISON ACADEMIC DEVELOPMENT FOUNDATION MAD FOUNDATION ranks 17,226 in assets (Top 54%) and 12,294 in revenue (Top 39%).
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
5: Association
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
B: Educational Institutions and Related Activities
NTEE CODE
B82: Scholarships, Student Financial Aid Services, Awards
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
06/2021
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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