Civic Intelligence

Madison Athletic Foundation Inc.

990EZ • Fiscal year 2020 • EIN 56-2566428

Jan 01, 2020 to Dec 31, 2020 • Filed on May 26, 2021

Organization ProfileMADISONATHLETICFOUNDATION.ORG
PO Box 195Madison, NJ 07940

(973) 645-4800

Siviq Scores

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

Liabilities / Assets

70th percentile

0.00x

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

2020 filings • NTEE B12 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

70th percentile

0.00x

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

2020 filings • NTEE B12 • <$500k nonprofits • Source year 2020

Net Margin

94th percentile

94%

Higher net margin than 94% of similar nonprofits.

2020 filings • NTEE B12 • <$500k nonprofits • Source year 2020

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • NTEE B12 • <$500k nonprofits • Source year 2020

Asset Growth

49th percentile

1.2%

Faster asset growth than 49% of similar nonprofits.

2020 filings • NTEE B12 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

69th percentile

5.0%

Faster revenue growth than 69% of similar nonprofits.

2020 filings • NTEE B12 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$42,104

Up $510 (+1.2%) from 2019

Net Assets

Up

$42,104

Up $510 (+1.2%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin94th percentile

Revenue

Up

$543

Up $26 (+5.0%) from 2019

Expenses

Down

$33

Down $95 (-74%) from 2019

Net Income

Up

$510

Up $121 (+31%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

$150K$100K$50K$0Assets 2010: $2,906Liabilities 2010: $0Net Assets 2010: $2,9062010Assets 2011: $81,705Liabilities 2011: $0Net Assets 2011: $81,7052011Assets 2012: $123,797Liabilities 2012: $0Net Assets 2012: $123,7972012Assets 2013: $60,109Liabilities 2013: $0Net Assets 2013: $60,1092013Assets 2014: $37,154Liabilities 2014: $0Net Assets 2014: $37,1542014Assets 2015: $10,306Liabilities 2015: $0Net Assets 2015: $10,3062015Assets 2016: $44,435Liabilities 2016: $0Net Assets 2016: $44,4352016Assets 2017: $40,889Liabilities 2017: $0Net Assets 2017: $40,8892017Assets 2018: $41,205Liabilities 2018: $0Net Assets 2018: $41,2052018Assets 2019: $41,594Liabilities 2019: $0Net Assets 2019: $41,5942019Assets 2020: $42,104Liabilities 2020: $0Net Assets 2020: $42,1042020Assets 2021: $41,547Liabilities 2021: $0Net Assets 2021: $41,5472021Assets 2022: $56,597Liabilities 2022: $0Net Assets 2022: $56,5972022Assets 2023: $56,651Liabilities 2023: $0Net Assets 2023: $56,6512023Assets 2024: $65,901Liabilities 2024: $0Net Assets 2024: $65,9012024

Highlighted filing

2020

Assets$42,104
Liabilities$0
Net Assets$42,104
Open 2020 Filing

Operations Trend

Revenue Growth69th percentile

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

$200K$100K$0-$100KExpenses 2010: $4152010Expenses 2011: $5002011Expenses 2012: $136,1212012Revenue 2013: $102,368Expenses 2013: $166,056Net Income 2013: -$63,6882013Revenue 2014: $133,021Expenses 2014: $155,976Net Income 2014: -$22,9552014Revenue 2015: $29,938Expenses 2015: $56,785Net Income 2015: -$26,8472015Revenue 2016: $38,030Expenses 2016: $3,901Net Income 2016: $34,1292016Revenue 2017: $25,369Expenses 2017: $28,915Net Income 2017: -$3,5462017Revenue 2018: $673Expenses 2018: $357Net Income 2018: $3162018Revenue 2019: $517Expenses 2019: $128Net Income 2019: $3892019Revenue 2020: $543Expenses 2020: $33Net Income 2020: $5102020Revenue 2021: $31Expenses 2021: $588Net Income 2021: -$5572021Revenue 2022: $16,557Expenses 2022: $1,507Net Income 2022: $15,0502022Revenue 2023: $10,083Expenses 2023: $10,029Net Income 2023: $542023Revenue 2024: $10,734Expenses 2024: $1,484Net Income 2024: $9,2502024

Highlighted filing

2020

Revenue$543
Expenses$33
Net Income$510
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 26, 2021
Return Version
2020v4.1
Gross Receipts
$543
Mission and Program Overview

Mission

To promote and support youth athletics in the town of madison, nj in the form of financial support and leadership toward, but not limited to, the establishment and maintenance of first-class athletic facilities in madison.

Program Services

DescriptionGrantsExpenses
GENERAL MANAGEMENT TO SUPPORT RUNNING OF FOUNDATION$0$33
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NINO COVIELLOTrustee-Chairman-$0--
DAVID CRAVERTrustee-$0--
BRIAN AGNEWTrustee-$0--
CHRISTOPHER CONROYTrustee-$0--
ROBERT CATALANELLOTrustee-$0--
BRENDA CATALANELLOTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Madison Athletic Foundation Inc
EIN
56-2566428
Phone
9736454800
Address
PO BOX 195, MADISON, NJ 07940

Signing Officer

Name
Nino a Coviello
Title
Trustee - Chairman
Phone
9736454800
Signed
2021-05-26
Discuss with paid preparer
Yes

Preparer

Firm
Giordano Et Al & Co Pa CPA
Address
147 COLUMBIA TURNPIKE PO BOX 267, FLORHAM PARK, NJ 07932
Preparer
Michael a Fastiggi CPA
Phone
9733772009
Supplemental Narrative

Additional Explanations

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

“Description: interest income. Amount: 12.”

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: amazon smile. Amount: 31.”

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

“Description: annual filing fee. Amount: 33.”

Raw XML Appendix179 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum09736454800
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MADISON
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BRIAN AGNEW
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ROBERT CATALANELLO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5BRENDA CATALANELLO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TRUSTEE-CHAIRMAN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TRUSTEE
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IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt033
IRS990EZ/OtherRevenueTotalAmt031
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE AND SUPPORT YOUTH ATHLETICS IN THE TOWN OF MADISON, NJ IN THE FORM OF FINANCIAL SUPPORT AND LEADERSHIP TOWARD, BUT NOT LIMITED TO, THE ESTABLISHMENT AND MAINTENANCE OF FIRST-CLASS ATHLETIC FACILITIES IN MADISON.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GENERAL MANAGEMENT TO SUPPORT RUNNING OF FOUNDATION
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0MADISONATHLETICFOUNDATION.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0500
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01876
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt025358
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt038025
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt066259
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0500
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IRS990ScheduleG/CharitableDistributionRqrInd00
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IRS990ScheduleG/EmailSolicitationsInd0X
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IRS990ScheduleG/LicensedInd01
IRS990ScheduleG/LicenseSuspendedEtcInd00
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/MemberOfOtherEntityInd00
IRS990ScheduleG/StatesWhereGamingConductedCd0NJ
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 12.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: AMAZON SMILE. AMOUNT: 31.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ANNUAL FILING FEE. AMOUNT: 33.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE 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.
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0NINO A COVIELLO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE - CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum09736454800
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MADISON ATHLETIC FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MADI
ReturnHeader/Filer/EIN0562566428
ReturnHeader/Filer/PhoneNum09736454800
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 195
ReturnHeader/Filer/USAddress/CityNm0MADISON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007940
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0223692358
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GIORDANO ET AL & CO PA CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0147 COLUMBIA TURNPIKE PO BOX 267
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FLORHAM PARK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007932
ReturnHeader/PreparerPersonGrp/PhoneNum09733772009
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL A FASTIGGI CPA
ReturnHeader/ReturnTs02021-06-03T13:38:52-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0NINO
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0COVIELLO
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$42,104
Liabilities
$0
Net assets
$42,104
Revenue
$543
Expenses
$33
Net income
$510
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.66$0.11$0.01$0.09
2023Detailed filing. Detailed filing data is available for this year.$0.57$0.00$0.57$0.10$0.10$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.57$0.00$0.57$0.17$0.02$0.15
2021Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$0.00$0.01$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$0.01$0.00$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$0.01$0.00$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$0.01$0.00$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$0.25$0.29$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$0.38$0.04$0.34
2015Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.30$0.57$0.27
2014Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$1.33$1.56$0.23
2013Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$1.02$1.66$0.64
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.00$1.24$1.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.00$0.82$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.00$0.03$0.00
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • NTEE B12 • <$500k nonprofits