Civic Intelligence

Madison County Foundation for Excellence in Education Inc

EIN 59-3112453 • 501(c)3 • Madison, FL

Profile

To improve the quality of education

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

68th percentile

13%

Higher net margin than 68% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

79th percentile

26%

Faster asset growth than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

29th percentile

-27%

Faster revenue growth than 29% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Up

$77,653

Up $16,099 (+26%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Up

$77,653

Up $16,099 (+26%) from 2022

Revenue

Up

$84,187

Up $12,368 (+17%) from 2022

Expenses

Up

$68,088

Up $10,945 (+19%) from 2022

Net Income

Up

$16,099

Up $1,423 (+9.7%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $494,173Liabilities 2011: $0Net Assets 2011: $494,1732011Assets 2012: $466,430Liabilities 2012: $0Net Assets 2012: $466,4302012Assets 2013: $431,717Liabilities 2013: $0Net Assets 2013: $431,7172013Assets 2014: $413,859Liabilities 2014: $0Net Assets 2014: $413,8592014Assets 2015: $404,713Liabilities 2015: $0Net Assets 2015: $404,7132015Assets 2016: $57,771Liabilities 2016: $0Net Assets 2016: $57,7712016Assets 2017: $38,279Liabilities 2017: $0Net Assets 2017: $38,2792017Assets 2018: $43,915Liabilities 2018: $0Net Assets 2018: $43,9152018Assets 2019: $47,992Liabilities 2019: $0Net Assets 2019: $47,9922019Assets 2020: $61,971Liabilities 2020: $0Net Assets 2020: $61,9712020Assets 2021: $46,878Liabilities 2021: $0Net Assets 2021: $46,8782021Assets 2022: $61,554Liabilities 2022: $0Net Assets 2022: $61,5542022Assets 2023: $77,653Liabilities 2023: $0Net Assets 2023: $77,6532023

Highlighted filing

2023

Assets$77,653
Liabilities$0
Net Assets$77,653

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$500K$0-$500KExpenses 2011: $110,7372011Expenses 2012: $105,5952012Expenses 2013: $100,8542013Revenue 2014: $100,738Expenses 2014: $118,596Net Income 2014: -$17,8582014Revenue 2015: $119,690Expenses 2015: $128,836Net Income 2015: -$9,1462015Revenue 2016: $109,696Expenses 2016: $456,638Net Income 2016: -$346,9422016Revenue 2017: $96,416Expenses 2017: $115,908Net Income 2017: -$19,4922017Revenue 2018: $113,297Expenses 2018: $107,661Net Income 2018: $5,6362018Revenue 2019: $102,653Expenses 2019: $98,576Net Income 2019: $4,0772019Revenue 2020: $103,213Expenses 2020: $89,234Net Income 2020: $13,9792020Revenue 2021: $77,770Expenses 2021: $92,863Net Income 2021: -$15,0932021Revenue 2022: $71,819Expenses 2022: $57,143Net Income 2022: $14,6762022Revenue 2023: $84,187Expenses 2023: $68,088Net Income 2023: $16,0992023

Highlighted filing

2023

Revenue$84,187
Expenses$68,088
Net Income$16,099

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$0.78$0.00$0.78$0.84$0.68$0.16
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.00$0.62$0.72$0.57$0.15
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.00$0.47$0.78$0.93$0.15
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.00$0.62$1.03$0.89$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.48$0.00$0.48$1.03$0.99$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.00$0.44$1.13$1.08$0.06
2017Summary only. Only limited summary data is available for this year.$0.38$0.00$0.38$0.96$1.16$0.19
2016Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$1.10$4.57$3.47
2015Detailed filing. Detailed filing data is available for this year.$4.05$0.00$4.05$1.20$1.29$0.09
2014Detailed filing. Detailed filing data is available for this year.$4.14$0.00$4.14$1.01$1.19$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.32$0.00$4.32$1.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.66$0.00$4.66$1.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.94$0.00$4.94$1.11
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 1, 2021
Return Version
2020v4.1
Gross Receipts
$77,770
Mission and Program Overview

Mission

To improve the quality of education in Madison County, Florida by by providing mentoring services, college scholarships to eligible students, grants for education assistance, and promotion of excellence in teaching.

To improve the quality of education in Madison County, FL by providing mentoring services and college scholarships to eligible students, grants for classroom

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$47,708$36,367▼ $11,341
Accounts Receivable$12,511$9,893▼ $2,618
Total Assets$61,971$46,878▼ $15,093
Other Assets Total$1,752$618▼ $1,134
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$54,111$46,878▼ $7,233
Net Assets With Donor Restrictions$7,860--
Total Net Assets Fund Balance$61,971$46,878▼ $15,093
Total Liabilities and Net Assets / Fund Balance$61,971$46,878▼ $15,093

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$618--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$77,770
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$64,116
Change in Net Assets
$-15,093
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$92,863
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$43,645$3,386$0$47,031
Other Expenses$22,952$0$0$22,952
Total Functional Expenses$86,177$6,686$0$92,863
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Madison County District SchoolsMadison, FL501(c)(3)Classroom Assistance$27,307
NFCC Foundation IncMadison, FL501(c)(3)Education Assistance$14,925
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Madison County Foundation for Excellence in Education Inc
EIN
59-3112453
Phone
8509732139
Address
PO Box 181, Madison, FL 32341-0181

Signing Officer

Name
Tim Sanders
Title
President
Phone
8509732139
Signed
2021-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Sanders
Formed
1992
Legal Domicile
Fl
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
16

Preparer

Firm
Kenneth M Daniels CPA PA
Address
107 2nd Ave SE, Jasper, FL 32052
Preparer
Kenneth M Daniels CPA PA
Phone
3867921906
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Compilation and Form 990 presented to Board of Directors for their review and approval.

Pt VI, Line 15A

Board of Directors, based upon funding, determines fees for Take Stock in Children's contractual services for Student Service Specialist and College Success Coach.

Form 990, Part III, Line 4D

Teacher of the Year: The Foundation annually recognizes 2960. 0. 9525.

Form 990, Part IX, Line 24E

Dues 111. 50. 61. 0.

Form 990, Part IX, Line 24E

Memberships 450. 450. 0. 0.

Form 990, Part IX, Line 24E

Mini-grants 27307. 27307. 0. 0.

Form 990, Part IX, Line 24E

Miscellaneous 1464. 320. 1144. 0.

Form 990, Part IX, Line 24E

Office other 248. 248. 0. 0.

Form 990, Part IX, Line 24E

Office supplies 33. 33. 0. 0.

Form 990, Part IX, Line 24E

Postage and delivery 76. 0. 76. 0.

Form 990, Part IX, Line 24E

Scholarships 14925. 14925. 0. 0.

Form 990, Part IX, Line 24E

Supplies 2105. 0. 2105. 0.

Form 990, Part IX, Line 24E

Travel, meals, perdiem 312. 312. 0. 0.

Raw XML AppendixShowing 400 of 466 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.

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IRS990/ProgSrvcAccomActy2Grp/Desc0Education Assistance: Scholarships purchased and awarded to the NFCC Foundation Inc for future awards to students.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt014975
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt013215
IRS990/ProgSrvcAccomActy3Grp/Desc0Matching grants: The Foundation provides additional resources to the Madison County School District's teachers upon application and approval.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt027757
IRS990/ProgSrvcAccomActy3Grp/GrantAmt027307
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt010000
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Teacher of the Year: The Foundation annually recognizes those teachers who promote excellence in teaching.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt02960
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt00
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt09525
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0103213
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt089234
IRS990/PYOtherRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt013979
IRS990/PYTotalExpensesAmt089234
IRS990/PYTotalRevenueAmt0103213
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-15093
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt036947
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt074615
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0103213
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0102653
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0115497
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt096416
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0492394
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0492394
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt074615
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0103213
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0102653
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0115497
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt096416
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0492394
IRS990ScheduleA/TotalSupportAmt0492394
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1618
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Prepaid scholarships
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Fingerprints
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0618
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt027307
IRS990ScheduleI/RecipientTable/CashGrantAmt114925
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(c)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0N/A
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc1scholarships
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Classroom Assistance
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Education Assistance
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Madison County District Schools
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1NFCC Foundation Inc
IRS990ScheduleI/RecipientTable/RecipientEIN0596000721
IRS990ScheduleI/RecipientTable/RecipientEIN1596179948
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0210 NE Duval Ave
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1325 NW Turner Davis Drive
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Madison
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Madison
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1FL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd032340
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd132340
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc1FMV
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Compilation and Form 990 presented to Board of Directors for their review and approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board of Directors, based upon funding, determines fees for Take Stock in Children's contractual services for Student Service Specialist and College Success Coach.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Teacher of the Year: The Foundation annually recognizes 2960. 0. 9525.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Dues 111. 50. 61. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Memberships 450. 450. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Mini-grants 27307. 27307. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Miscellaneous 1464. 320. 1144. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Office other 248. 248. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Office supplies 33. 33. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Postage and delivery 76. 0. 76. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Scholarships 14925. 14925. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Supplies 2105. 0. 2105. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Travel, meals, perdiem 312. 312. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt061971
IRS990/TotalAssetsEOYAmt046878
IRS990/TotalAssetsGrp/BOYAmt061971
IRS990/TotalAssetsGrp/EOYAmt046878
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt077770
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06686
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt086177

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