Nonprofit screen
Screen a listMadison Academy Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$13Mrevenue
FY2025 · +51% in 3 yrs226staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Where the money goes FY2025 · $13M spent
Programs$11M88%Management and general$1.4M11%Fundraising$241k2%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$728k in FY2023 and −$643k in FY2024. Cash covers 0.8 months.
990 Part I and balance sheetIn its favor1
Strong governance
9 of 9 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI16funders
$90ka year, last 3 years
37%from its largest funder
Funder’17’18’19’20’21’22’23Ashburn Family FoundationStopped after FY2022$50k$50k–Scholarships for Kids IncOn and off$17k$56kEducation Freedom AlabamaSince FY2021$11k$10k$25kThornton Charitable FoundationOn and off$20kThe I3 Cares FoundationSince FY2022$3k$3kThe Northrop Grumman FoundationSince FY2022$3k$3kDonor-advised giftsDonors not disclosed$6k$5k$5k$12k$423$16k$43k1 other fundersUp to $2k a year each$2k
FundedThrough a donor-advised fundStopped