Madagascar Foundation

990EZ • Fiscal year 2017 • EIN 46-1471645

Jan 01, 2017 to Dec 31, 2017 • Filed on Sep 07, 2018

Organization Profile WWW.MADAGASCAR-FOUNDATION.ORG

20C Trolley SquareWilmington, DE 19806

(610) 879-5133

Siviq Scores

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

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

-185%

Higher net margin than 3% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

No value available

This filing does not contain officer compensation rows.

Source year 2017

-70%

Faster asset growth than 5% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

-79%

Faster revenue growth than 4% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet

Liabilities / Assets54th percentile

Assets

Down

$9,821

Down $22,547 (-70%) from 2016

Net Assets

Down

$9,821

Down $22,547 (-70%) from 2016

Liabilities

Flat

Flat from 2016

Revenue And Expenses

Liabilities / Revenue54th percentile Net Margin3rd percentile

Revenue

Down

$12,174

Down $45,856 (-79%) from 2016

Expenses

Down

$34,721

Down $8,106 (-19%) from 2016

Net Income

Down

-$22,547

Down $37,750 (-248%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

Highlighted filing

2017

Assets$9,821

Liabilities$0

Net Assets$9,821

Open 2017 Filing

Operations Trend

Revenue Growth4th percentile

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

Highlighted filing

2017

Revenue$12,174

Expenses$34,721

Net Income-$22,547

Open 2017 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2017 to Dec 31, 2017
Signed: Sep 7, 2018
Return Version: 2017v2.3
Gross Receipts: $12,174

Mission and Program Overview

Mission

The organization's primary exempt purpose is tripartitie: (1) to fund the humanitarian association akamasoa, (2) to equip and build a hospital ship, and (3) finance hydraulic and solar energy sources

Program Services

Description	Grants	Expenses
FUNDING OF THE HUMANITARIAN ASSOCIATION AKAMASOA	$6,200	$28,521

Compensation and Service Providers

Top Officer PayScore unavailable

Employees

Name	Title	Full / Part Time	Base	Other	Total
PATRICK ADAM DE VILLIERS	Director, President	-	$0	-	-
MARIETTE ADAM DE VILLIERS	Director	-	$0	-	-
VERONIQUE ADAM DE VILLIERS	Director	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Madagascar Foundation
EIN: 46-1471645
Phone: 6108795133
Address: 20C TROLLEY SQUARE, WILMINGTON, DE 19806

Signing Officer

Name: Patrick Adam De Villiers
Title: President
Phone: 6108795133
Signed: 2018-09-07
Discuss with paid preparer: Yes

Preparer

Firm: Belfint Lyons & Shuman Pa
Address: 1011 CENTRE RD STE 310, WILMINGTON, DE 19805
Preparer: Jonathan D Moll CPA
Phone: 3022250600

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: dividend income. Amount: 2.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: project grant. Grantee name: association humanitaire akamaosa. Grantee address: 7010 antananarivo 101, madagascar, madagascar. Date of gift: 03/14/17. Amount given: 4,000.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: project grant. Grantee name: association humanitaire akamaosa. Grantee address: 7010 antananarivo 101, madagascar, madagascar. Date of gift: 05/08/17. Amount given: 2,200. Total included on form 990-ez, line 10: 6,200.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: program supply expenses. Amount: 261. Description: tax and licenses. Amount: 630. Description: bank fees. Amount: 855. Description: program development costs. Amount: 24,000. Total to form 990-ez, line 16: 25,746.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: advances. Beg. Of year amount: 1,500. End of year amount: 1,500.”

Raw XML Appendix153 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path	#	Value
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	0
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt	0	PATRICK ADAM DE VILLIERS
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	6108795133
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	20C TROLLEY SQUARE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	WILMINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	DE
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	19806
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	30868
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	8321
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	12172
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	0
IRS990EZ/EngagedInExcessBenefitTransInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	-22547
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	2775
IRS990EZ/FiledScheduleAInd	0	1
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	32368
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	9821
IRS990EZ/GrantsAndSimilarAmountsPaidAmt	0	6200
IRS990EZ/GrossReceiptsAmt	0	12174
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InfoInScheduleOPartVInd	0	X
IRS990EZ/InvestmentIncomeAmt	0	2
IRS990EZ/LobbyingActivitiesInd	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	0
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	32368
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	9821
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	32368
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	9821
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	4.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	PATRICK ADAM DE VILLIERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	MARIETTE ADAM DE VILLIERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	VERONIQUE ADAM DE VILLIERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	DIRECTOR, PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	DIRECTOR
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	1500
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	1500
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	25746
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TRIPARTITIE: (1) TO FUND THE HUMANITARIAN ASSOCIATION AKAMASOA, (2) TO EQUIP AND BUILD A HOSPITAL SHIP, AND (3) FINANCE HYDRAULIC AND SOLAR ENERGY SOURCES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	FUNDING OF THE HUMANITARIAN ASSOCIATION AKAMASOA
IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd	0	X
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	6200
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	28521
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	0
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	34721
IRS990EZ/TotalProgramServiceExpensesAmt	0	28521
IRS990EZ/TotalRevenueAmt	0	12174
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	WWW.MADAGASCAR-FOUNDATION.ORG
IRS990ScheduleA/First5Years170Ind	0	X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	12172
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	58029
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	32031
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt	0	55072
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	157304
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt	0	2
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt	0	1
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt	0	452
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt	0	455
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportTotal170Amt	0	35437
IRS990ScheduleA/SubstantialContributorsTotAmt	0	121867
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	12172
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	58029
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt	0	32031
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt	0	55072
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	157304
IRS990ScheduleA/TotalSupportAmt	0	157759
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DESCRIPTION: DIVIDEND INCOME. AMOUNT: 2.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	ACTIVITY CLASSIFICATION: PROJECT GRANT. GRANTEE NAME: ASSOCIATION HUMANITAIRE AKAMAOSA. GRANTEE ADDRESS: 7010 ANTANANARIVO 101, MADAGASCAR, MADAGASCAR. DATE OF GIFT: 03/14/17. AMOUNT GIVEN: 4,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	ACTIVITY CLASSIFICATION: PROJECT GRANT. GRANTEE NAME: ASSOCIATION HUMANITAIRE AKAMAOSA. GRANTEE ADDRESS: 7010 ANTANANARIVO 101, MADAGASCAR, MADAGASCAR. DATE OF GIFT: 05/08/17. AMOUNT GIVEN: 2,200. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 6,200.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	DESCRIPTION: PROGRAM SUPPLY EXPENSES. AMOUNT: 261. DESCRIPTION: TAX AND LICENSES. AMOUNT: 630. DESCRIPTION: BANK FEES. AMOUNT: 855. DESCRIPTION: PROGRAM DEVELOPMENT COSTS. AMOUNT: 24,000. TOTAL TO FORM 990-EZ, LINE 16: 25,746.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	DESCRIPTION: ADVANCES. BEG. OF YEAR AMOUNT: 1,500. END OF YEAR AMOUNT: 1,500.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc	0	THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS	0	2018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	1
ReturnHeader/BusinessOfficerGrp/PersonNm	0	PATRICK ADAM DE VILLIERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	6108795133
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2018-09-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	MADAGASCAR FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt	0	MADA
ReturnHeader/Filer/EIN	0	461471645
ReturnHeader/Filer/PhoneNum	0	6108795133
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	20C TROLLEY SQUARE
ReturnHeader/Filer/USAddress/CityNm	0	WILMINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	DE
ReturnHeader/Filer/USAddress/ZIPCd	0	19806
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	2ED5915EFABC8E442CF9278B4904A2488304A11F
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	112AD3E7F1484B6CFAA01955066D7D33E5D775B2
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	50.233.99.242
ReturnHeader/FilingSecurityInformation/IPDt	0	2018-09-07
ReturnHeader/FilingSecurityInformation/IPTimezoneCd	0	ED
ReturnHeader/FilingSecurityInformation/IPTm	0	13:53:22
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	510232399
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	BELFINT LYONS & SHUMAN PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	1011 CENTRE RD STE 310
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	WILMINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	DE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	19805
ReturnHeader/PreparerPersonGrp/PhoneNum	0	3022250600
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2018-09-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	JONATHAN D MOLL CPA
ReturnHeader/ReturnTs	0	2018-09-27T15:26:24-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2017-01-01
ReturnHeader/TaxPeriodEndDt	0	2017-12-31
ReturnHeader/TaxYr	0	2017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $9,821
Liabilities: $0
Net assets: $9,821
Revenue: $12,174
Expenses: $34,721
Net income: -$22,547

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2021Detailed filing. Detailed filing data is available for this year.	$11.1	$0.00	$11.1	$21.2	$21.6	$0.45
2020Detailed filing. Detailed filing data is available for this year.	$11.8	$0.00	$11.8	$7.77	$21.9	$14.1
2019Summary only. Only limited summary data is available for this year.	$25.9	$0.00		$12.8	$7.97	$4.86
2018Detailed filing. Detailed filing data is available for this year.	$21.0	$0.00	$21.0	$22.6	$11.4	$11.2
2017Detailed filing. Detailed filing data is available for this year.	$9.82	$0.00	$9.82	$12.2	$34.7	$22.5
2016Detailed filing. Detailed filing data is available for this year.	$32.4	$0.00	$32.4	$58.0	$42.8	$15.2
2015Detailed filing. Detailed filing data is available for this year.	$17.2	$0.00	$17.2	$32.3	$53.9	$21.6
2014Detailed filing. Detailed filing data is available for this year.	$37.5	$0.00	$37.5	$55.6	$11.5	$44.2