Madison District Educational Foundation
- Assets
- $317.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 07/1985
- Data as of
- 06/2022
- EIN
- 74-2369532
Organization Overview
Madison District Educational Foundation is located in Phoenix, AZ. The organization was established in 1985. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madison District Educational 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 06/2022, Madison District Educational Foundation generated $70.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $77.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 7 years. 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 FOUNDATION SUPPORTS THE ART MASTERPIECE PROGRAMS THROUGHOUT THE SCHOOL DISTRICT BY PROVIDING FOR A DISTRICT-WIDE PROGRAM COORDINATOR AS WELL AS VARIOUS ART SUPPLIES. ADDITIONALLY, THE FOUNDATION SUPPORTS A VARIETY OF ART-RELATED INITIATIVES WITHIN THE DISTRICT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Cosper Director | 1 | $0 | |
Rob Davidson Director | 1 | $0 | |
Darcy Renfro Director | 1 | $0 | |
Dan Santibanez Director | 1 | $0 | |
Scott Holcomb Director | 1 | $0 | |
Megan Burke President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,196 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $475 |
| Total Revenue | $70,671 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $65,770 |
| Total expenses | $77,770 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $317,023 |
| Other assets | $0 |
| Total assets | $317,023 |
| Total liabilities | $0 |
| Net assets or fund balances | $317,023 |