Madison Visionary Partners
- Assets
- $359.6k
- Revenue
- $412.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Madison, AL
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-1676220
Organization Overview
Madison Visionary Partners is located in Madison, AL. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Madison Visionary Partners 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 12/2021, Madison Visionary Partners generated $412.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 68.0% each year . All expenses for the organization totaled $98.9k during the year ending 12/2021. While expenses have increased by 28.6% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CONNECTING PEOPLE WHO CARE WITH CAUSES THAT MATTER TO ENRICH THE QUALITY OF LIFE IN THE CITY OF MADISON, AL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KIDS KINGDOM PARK RENOVATION - A PROJECT TO COLLECT DONATIONS FROM THE LOCAL COMMUNITY AND RENOVATE THE EXISTING PUBLIC PLAYGROUND THAT IS OVER 25 YEARS OLD, ADDING NEW EQUIPMENT TO MAKE IT UNIVERSALLY "INCLUSIVE" FOR CHILDREN OF ALL ABILITIES TO PLAY, LEARN, AND GROW TOGETHER.
HOME PLACE PARK RENOVATION - A PROJECT PARTNERING WITH LOCAL BUSINESSES AND ORGANIZATIONS TO COLLECT DONATIONS AND RENOVATE THE EXISTING PUBLIC PARK AND ADD A PERFORMANCE PAVILION AND AMPHITHEATER STYLE SEATING FOR COMMUNITY CONCERTS & PERFORMANCES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Brinton Executive Director | Trustee | 40 | $41,300 |
Beth Sippel Board Chair | OfficerTrustee | 7 | $0 |
Kevin Carroll Treasurer | OfficerTrustee | 7 | $0 |
Jeff Showalter Secretary | OfficerTrustee | 2 | $0 |
John Fellows Board Member | Trustee | 1 | $0 |
Chuck Brand Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $40,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $372,928 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $412,928 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $412,928 |
| 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. | $41,300 |
| Compensation of current officers, directors, key employees. | $41,300 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,159 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,195 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15 |
| Advertising and promotion | $253 |
| Office expenses | $606 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,188 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,826 |
| All other expenses | $0 |
| Total functional expenses | $98,872 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $359,637 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $359,637 |
| Accounts payable and accrued expenses | $0 |
| 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 | $3,179 |
| Total liabilities | $3,179 |
| Net assets without donor restrictions | $38,277 |
| Net assets with donor restrictions | $318,181 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $359,637 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Madison Visionary Partners has recieved totaling $161,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Greater Huntsville Huntsville, AL PURPOSE: PHILANTHROPY | $110,000 |
Impactassets Inc Bethesda, MD PURPOSE: KIDS KINGDOM RENOVATION | $50,000 |
The Jurenko Foundation Madison, AL PURPOSE: TO DEVELOP, FUND, AND FACILITATE VARIOUS PHILANTHROPIC CAUSES BENEFITING MADISON CITY RESIDENTS. | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hfsf Grants Management Inc Miami, FL | $164,842,326 | $9,370,110 |
Healthcare Georgia Foundation Inc Atlanta, GA | $145,422,542 | $18,331,596 |
The David Herro Charitable Foundation Palm Beach, FL | $0 | $2,921,972 |
Rally Foundation Inc Atlanta, GA | $9,445,133 | $7,328,050 |
David A Straz Jr Foundation Tampa, FL | $131,621,183 | $77,599,258 |
Stoops Family Foundation Inc Delray Beach, FL | $20,465,985 | $11,384,519 |
Project Akilah Inc Tampa, FL | $3,270,009 | $3,129,345 |
Dadefund Inc Miami, FL | $3,023 | $29,705 |
Key Center Foundation Inc Lecanto, FL | $2,199,130 | $3,104,172 |
Ezra International Melbourne, FL | $2,162,759 | $2,300,769 |
Holle Family Foundation Birmingham, AL | $55,700,431 | $5,149,826 |
Traveling Press Fund Inc St Petersburg, FL | $4,958,687 | $2,719,949 |