New Jersey · Nonprofit
MADISON MAIN STREET FOUNDATION INC
MADISON MAIN STREET FOUNDATION INC (New Jersey) receives grants from 4 organizations whose IRS filings report $76,300 to it, the largest being PAYPAL CHARITABLE GIVING FUND ($63,300). 0 of them have funded it in more than one year, and 99% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $158k
- Funders on record
- 4
- Grants received
- $76k
- Net assets
- $228k
What Madison Main Street Foundation Inc does
Mission
To foster a sense of community and to promote communication and cooperation between members of corporation and other groups.to promote the development of madison, nj's commercial district, to act as a business advocate for the district, and to produce and distribute educational materials relating to the district.to assist other charitable and educational organizations in the conduct of similar activities.to engage in other charitable and educational activities as determined by the board of trustees.
As stated on its FY2024 Form 990-EZ.
Programs
To foster a sense of community and to promote communication and cooperation between members of corporation and other groups.
$82,144 spent100% of program spendingNone
$0 spent0% of program spending
The 2 programs described on its FY2024 Form 990-EZ. Program spending in total: $82,144.
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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $170k to $228k (+35%).
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.
16% of MADISON MAIN STREET FOUNDATION INC’s revenue is contributions — about as donation-reliant as the typical peer (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.
Leadership and staff
Board chair
Steve Tombalakian
Chairman
As listed on its FY2024 Form 990-EZ.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 99% 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 MAIN STREET FOUNDATION 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 MAIN STREET FOUNDATION INC leans on a few funders — its largest provides 83% 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 MAIN STREET FOUNDATION INC.
“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
99% of MADISON MAIN STREET FOUNDATION 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 $450 that is directly attributable, 56% of it comes from New Jersey funders.
Funder states come from each funder’s own filing. $76k 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.
Against its field
MADISON MAIN STREET FOUNDATION INC runs a healthier operating margin than three-quarters of the 11,990 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 11,990 community improvement nonprofits $100k–$1M, FY2024
Organizations like MADISON MAIN STREET FOUNDATION 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 New Jersey
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
99%
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 MAIN STREET FOUNDATION 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 MAIN STREET FOUNDATION INC?
- MADISON MAIN STREET FOUNDATION INC (New Jersey) receives grants from 4 organizations whose IRS filings report $76,300 to it, the largest being PAYPAL CHARITABLE GIVING FUND ($63,300). 0 of them have funded it in more than one year, and 99% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does MADISON MAIN STREET FOUNDATION INC have?
- IRS filings report 4 organizations giving $76,300 in grants to MADISON MAIN STREET FOUNDATION INC.
- Who is the largest funder of MADISON MAIN STREET FOUNDATION INC?
- PAYPAL CHARITABLE GIVING FUND is the largest funder on record, with $63,300 in grants. The full list of funders is on this page.
- How can an organization like MADISON MAIN STREET FOUNDATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New Jersey. 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 Main Street →
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 4 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 22, 2026. What this page cannot tell you · view filing