Mad-Id Incorporated
- Assets
- $1.2m
- Revenue
- $476.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Troy, MI
- Founding
- 11/2006
- Data as of
- 08/2022
- EIN
- 20-5591983
Organization Overview
Mad-Id Incorporated is located in Troy, MI. The organization was established in 2006. According to its NTEE Classification (G03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mad-Id Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2022, Mad-Id Incorporated generated $476.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $382.4k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Mad-Id Incorporated has awarded 24 individual grants totaling $271,434. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE MEDICAL EDUCATION VIA MEETINGS, CONFERENCES AND SYMPOSIUMS IN THE FORM OF TRADITIONAL INTERACTION AMONG PROFESSIONALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ANNUAL MAD-ID CONFERENCE IS WHERE PHARMACISTS AND PHYSICIANS ARE GIVEN THE OPPORTUNITY TO PARTICIPATE IN A 3-DAY EDUCATIONAL SYMPOSIUM SPECIFICALLY DESIGNATED TO APPLY RECENT RESEARCH TO PATIENT CARE AND ANTIMCROBIAL STEWARDSHIP.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kerry Laplante Pharmd Vice Preside | Officer | 2 | $6,375 |
Michael J Rybak Pharmd President | Officer | 15 | $6,375 |
Susan Davis Pharmd Vice Preside | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $61,380 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,380 |
| Total Program Service Revenue | $381,463 |
| Investment income | $20,354 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $13,582 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $476,779 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $12,750 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,572 |
| Fees for services: Accounting | $5,898 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,190 |
| Fees for services: Other | $134,583 |
| Advertising and promotion | $198 |
| Office expenses | $1,545 |
| Information technology | $24,053 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $192,915 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,699 |
| All other expenses | $0 |
| Total functional expenses | $382,403 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $256,459 |
| Savings and temporary cash investments | $107,202 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,158 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $795,146 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,159,965 |
| Accounts payable and accrued expenses | $31,583 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $31,583 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,128,382 |
| Total liabilities and net assets/fund balances | $1,159,965 |
Grants Awarded
Over the last fiscal year, Mad-Id Incorporated has awarded $31,434 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
University, MS PURPOSE: RESEARCH GRANT | $18,980 |
Akron, OH PURPOSE: RESEARCH GRANT | $7,701 |
Ann Arbor, MI PURPOSE: RESEARCH GRANT | $4,753 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Osler Institute Terre Haute, IN | $19,048,108 | $2,627,815 |
Coalition Of State Rheumatology Organizations Inc Milwaukee, WI | $2,190,971 | $2,048,288 |
Milestones Autism Resources Warrensville Heights, OH | $1,241,241 | $1,433,406 |
American Association Of Directors Of Psychiatric Indianapolis, IN | $1,981,477 | $906,991 |
Michigan College Of Emergency Physicians Lansing, MI | $1,047,123 | $610,732 |
American College Of Emergency Physicians Dublin, OH | $974,888 | $859,788 |
Mad-Id Incorporated Troy, MI | $1,159,965 | $476,779 |
Association Of American Physicians Belleville, MI | $1,316,888 | $354,813 |
Endometriosis Assoc Inc Milwaukee, WI | $350,211 | $391,235 |
American Board Of Hair Restoration Surgery Munster, IN | $456,861 | $230,226 |
Rtt Collaborative Athens, OH | $332,974 | $225,350 |
National Association Of Nephrology Technologists Dayton, OH | $25,681 | $256,243 |