Civic Intelligence

Mcfadden Foundation Inc.

990PF • Fiscal year 2023 • EIN 27-0601149

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 18, 2024

2180 Gates DrTallahassee, FL 32312

(229) 254-2100

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

17th percentile

0.00x

Higher debt load relative to assets than 17% of similar nonprofits.

2023 filings • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

18th percentile

0.01x

Higher debt load relative to revenue than 18% of similar nonprofits.

2023 filings • $25M-$50M nonprofits • Source year 2023

Net Margin

68th percentile

14%

Higher net margin than 68% of similar nonprofits.

2023 filings • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

23rd percentile

$52,902

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

2023 filings • $25M-$50M nonprofits • Source year 2023

Asset Growth

34th percentile

0.8%

Faster asset growth than 34% of similar nonprofits.

2023 filings • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

21st percentile

-14%

Faster revenue growth than 21% of similar nonprofits.

2023 filings • $25M-$50M nonprofits • Annualized from 2022 to 2023

Assets

Up

$28,059,655

Up $214,097 (+0.8%) from 2022

Net Assets

Up

$28,054,488

Up $220,223 (+0.8%) from 2022

Liabilities

Down

$5,167

Down $6,126 (-54%) from 2022

Revenue

Down

$1,021,204

Down $171,342 (-14%) from 2022

Expenses

Up

$883,255

Up $59,688 (+7.2%) from 2022

Net Income

Down

$137,949

Down $231,030 (-63%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2016: $22,539,109Liabilities 2016: $1,958Net Assets 2016: $22,537,1512016Assets 2017: $23,225,880Liabilities 2017: $1,743Net Assets 2017: $23,224,1372017Assets 2018: $24,292,829Liabilities 2018: $2,935Net Assets 2018: $24,289,8942018Assets 2019: $25,476,322Liabilities 2019: $2,092Net Assets 2019: $25,474,2302019Assets 2020: $25,933,446Liabilities 2020: $3,153Net Assets 2020: $25,930,2932020Assets 2021: $27,481,005Liabilities 2021: $15,719Net Assets 2021: $27,465,2862021Assets 2022: $27,845,558Liabilities 2022: $11,293Net Assets 2022: $27,834,2652022Assets 2023: $28,059,655Liabilities 2023: $5,167Net Assets 2023: $28,054,4882023Assets 2024: $29,788,086Liabilities 2024: $18,999Net Assets 2024: $29,769,0872024

Highlighted filing

2023

Assets$28,059,655
Liabilities$5,167
Net Assets$28,054,488

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $342,132Expenses 2016: $447,803Net Income 2016: -$105,6712016Revenue 2017: $928,410Expenses 2017: $483,781Net Income 2017: $444,6292017Revenue 2018: $1,463,815Expenses 2018: $675,665Net Income 2018: $788,1502018Revenue 2019: $1,918,234Expenses 2019: $733,898Net Income 2019: $1,184,3362019Revenue 2020: $1,168,271Expenses 2020: $712,208Net Income 2020: $456,0632020Revenue 2021: $2,256,303Expenses 2021: $721,310Net Income 2021: $1,534,9932021Revenue 2022: $1,192,546Expenses 2022: $823,567Net Income 2022: $368,9792022Revenue 2023: $1,021,204Expenses 2023: $883,255Net Income 2023: $137,9492023Revenue 2024: $2,730,974Expenses 2024: $1,016,375Net Income 2024: $1,714,5992024

Highlighted filing

2023

Revenue$1,021,204
Expenses$883,255
Net Income$137,949
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 18, 2024
Return Version
2023v5.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RAYMOND WILSONTrusteeFT$52,902-$52,902
ANGELA HAGENChair/President/VP/SecretaFT$50,041-$50,041
SHERRYL LAPPINGTrusteeFT$45,831-$45,831
GLENN A KIRBOTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Mcfadden Foundation Inc
EIN
27-0601149
Phone
2292542100
Address
2180 GATES DR, TALLAHASSEE, FL 32312

Signing Officer

Name
Angela Hagen
Title
President
Phone
2292542100
Signed
2024-07-18
Discuss with paid preparer
Yes

Preparer

Firm
Carr Riggs & Ingram LLC
Address
2633 CENTENNIAL BLVD STE 200, TALLAHASSEE, FL 32308
Preparer
Donna S Bergeron
Phone
8508788777
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IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt015915
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt0303235
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt0883255
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt01017316
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt01021204
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesAdjNetIncmAmt0883255
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt015915
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt0303235
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt0883255
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingAdjNetIncmAmt019199
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingDsbrsChrtblAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingRevAndExpnssAmt019199
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt01236826
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt1573936
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt22799007
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt31071382
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt015683
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt1-325
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt2-108693
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt3197146
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt45842
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt56000
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt64251
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt73000
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt015683
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt1-325
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt2-108693
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt3197146
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt45842
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt56000
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt64251
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt73000
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt01252509
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt1573611
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt22690314
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt31268528
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt45842
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt56000
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt64251
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt73000
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd0P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd1P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd2P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd3P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd4P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd5P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd6P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/HowAcquiredCd7P
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc0SHORT-TERM (COVERED)
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc1SHORT-TERM (NON-COVERED)
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc2LONG-TERM (COVERED)
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc3LONG-TERM (NON-COVERED)
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc4LONG-TERM CAPITAL GAIN DISTRIBUTION
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc5GAIN ON SALE OF ASSET
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc6TIMBER SALES
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc7CROP SALES
IRS990PF/CapGainsLossTxInvstIncmDetail/CapitalGainNetIncomeAmt0122904
IRS990PF/CapGainsLossTxInvstIncmDetail/NetShortTermCapitalGainLossAmt015358
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt0137949
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherDecreasesAmt00
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherIncreasesAmt00
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt028054488
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt027916539
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt028054488
IRS990PF/DistributableAmountGrp/Sect4942j3j5FndtnAndFrgnOrgInd0X
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/AppliedToESTaxAmt05922
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/BackupWithholdingWithheldAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EsPenaltyAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EstimatedPlusOvpmtIncmTxAmt015848
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/ExemptFrgnOrgTaxWthldAtSrceAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/ExtsnRequestIncomeTaxPaidAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/Form2220AttachedInd0X
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/InvestmentIncomeExciseTaxAmt09926
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/OverpaymentAmt05922
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/RefundAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtitleATaxAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtotalAmt09926
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxBasedOnInvestmentIncomeAmt09926
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxUnderSection511Amt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TotalPaymentsAndCreditsAmt015848
IRS990PF/FMVAssetsEOYAmt044006544
IRS990PF/Form990PFBalanceSheetsGrp/AccountsPayableBOYAmt011293
IRS990PF/Form990PFBalanceSheetsGrp/AccountsPayableEOYAmt05167
IRS990PF/Form990PFBalanceSheetsGrp/AdditionalPaidInCapitalBOYAmt020819708
IRS990PF/Form990PFBalanceSheetsGrp/AdditionalPaidInCapitalEOYAmt020819708
IRS990PF/Form990PFBalanceSheetsGrp/CapitalStockBOYAmt0100
IRS990PF/Form990PFBalanceSheetsGrp/CapitalStockEOYAmt0100
IRS990PF/Form990PFBalanceSheetsGrp/CashBOYAmt0608779
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYAmt0424461
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYFMVAmt0424461
IRS990PF/Form990PFBalanceSheetsGrp/CorporateBondsBOYAmt0196234
IRS990PF/Form990PFBalanceSheetsGrp/CorporateBondsEOYAmt0728247
IRS990PF/Form990PFBalanceSheetsGrp/CorporateBondsEOYFMVAmt0702716
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockBOYAmt021506426
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockEOYAmt022045596
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockEOYFMVAmt038016367
IRS990PF/Form990PFBalanceSheetsGrp/LandBldgEquipAccumDeprecAmt0275360
IRS990PF/Form990PFBalanceSheetsGrp/LandBldgEquipCostOrOtherBssAmt04513335
IRS990PF/Form990PFBalanceSheetsGrp/LandBOYAmt04215484
IRS990PF/Form990PFBalanceSheetsGrp/LandEOYAmt04237975
IRS990PF/Form990PFBalanceSheetsGrp/LandEOYFMVAmt04863000
IRS990PF/Form990PFBalanceSheetsGrp/OrgDoesNotFollowFASB117Ind0X
IRS990PF/Form990PFBalanceSheetsGrp/OtherAssetsBOYAmt0617122
IRS990PF/Form990PFBalanceSheetsGrp/OtherAssetsEOYAmt0623376
IRS990PF/Form990PFBalanceSheetsGrp/OtherAssetsEOYFMVAmt00
IRS990PF/Form990PFBalanceSheetsGrp/OtherInvestmentsBOYAmt0225925
IRS990PF/Form990PFBalanceSheetsGrp/OtherInvestmentsEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/OtherInvestmentsEOYFMVAmt00
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningBOYAmt07096731
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningEOYAmt07234680
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsBOYAmt027927832
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYAmt028059655
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYFMVAmt044006544
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesBOYAmt011293
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesEOYAmt05167
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstBOYAmt027927832
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstEOYAmt028059655
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesBOYAmt027916539
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesEOYAmt028054488
IRS990PF/Form990PFBalanceSheetsGrp/USGovernmentObligationsBOYAmt0557862
IRS990PF/Form990PFBalanceSheetsGrp/USGovernmentObligationsEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/USGovtObligationsEOYFMVAmt00
IRS990PF/MethodOfAccountingCashInd0X
IRS990PF/MinimumInvestmentReturnGrp/AcquisitionIndebtednessAmt00
IRS990PF/MinimumInvestmentReturnGrp/AdjustedTotalFMVOfUnusedAstAmt035583028
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt0481285
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt035101743
IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt0533745
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt00
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt01752464
IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt035049283
IRS990PF/MinimumInvestmentReturnGrp/ReductionClaimedAmt00
IRS990PF/MinimumInvestmentReturnGrp/TotalFMVOfUnusedAssetsAmt035583028
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdCntrctOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdEmplOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/ContractorPaidOver50kCnt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt140.00

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