Indiana · Nonprofit
Madison County Economic Development Inc
Madison County Economic Development Inc (Indiana) receives grants from 3 organizations whose IRS filings report $227,500 to it, the largest being MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC ($125,000). 3 of them have funded it in more than one year, and 80% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $526k
- Funders on record
- 3
- Grants received
- $228k
- Net assets
- $289k
What Madison County Economic Development Inc does
Mission
The mission of Madison County Economic Development is to plan and undertake activities leading to a steady job growth, increasing economic diversity, and a strengthened employer base which will enhance the quality of life of Madison County, Indiana.
As stated on its FY2024 Form 990.
Program
In 2024, we received 182 new project submissions for Madison County and achieved 3 project successes, creating more than 119 new jobs and more than $117 million of new investments. Of these successes, 1 was a new attraction to Madison County, and 2 were expansions of existing companies.
$520,359 spent$450,114 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $520,359.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $348k to $453k (+30%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 15% · 2018 14% · 2019 2% · 2020 15% · 2023 23%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2018 → 2022: the base broadened from 1 funder to 3 funders, grant income rose $50k → $85k.
2 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 80% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Madison County Economic Development Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Madison County Economic Development Inc leans on a few funders — its largest provides 55% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Madison County Economic Development Inc.
Largest funder’s share by year: 2018 100% · 2019 63% · 2020 100% · 2021 100% · 2022 59% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
80% of Madison County Economic Development Inc's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $45k that is directly attributable, 100% of it comes from Indiana funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $183k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Organizations like Madison County Economic Development Inc
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Indiana
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
84% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for Madison County Economic Development Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Madison County Economic Development Inc?
- Madison County Economic Development Inc (Indiana) receives grants from 3 organizations whose IRS filings report $227,500 to it, the largest being MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC ($125,000). 3 of them have funded it in more than one year, and 80% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does Madison County Economic Development Inc have?
- IRS filings report 3 organizations giving $227,500 in grants to Madison County Economic Development Inc, 3 of which have funded it in more than one year.
- Who is the largest funder of Madison County Economic Development Inc?
- MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC is the largest funder on record, with $125,000 in grants. The full list of funders is on this page.
- How can an organization like Madison County Economic Development Inc find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Madison County Economic Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing