Mada Foundation is located in Jefferson City, MO. The organization was established in 1994. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mada Foundation 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 12/2022, Mada Foundation generated $34.5k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $49.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION MADE FOUR CHARITABLE CONTRIBUTIONS TOTALING $48,500 FOR THE BENEFIT OF THOSE GENERALLY AFFILIATED WITH THE AUTOMOTIVE INDUSTRY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Brown Past Chairman | 0.5 | $0 | |
Todd Hill Chairman | 0.5 | $0 | |
Nick Anderson Director | 0.5 | $0 | |
Trevin Reed Director | 0.5 | $0 | |
Miles Thompson Vice-Chair | 0.5 | $0 | |
Gregg Smith Director | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,900 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $57 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,590 |
| Other Revenue | $0 |
| Total Revenue | $34,547 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $650 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $511 |
| Total expenses | $49,661 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $64,928 |
| Other assets | $0 |
| Total assets | $65,428 |
| Total liabilities | $0 |
| Net assets or fund balances | $65,428 |