Civic Intelligence

Madison Education Foundation

EIN 82-0464676 • 501(c)3 • Rexburg, ID

Profile

Promote enhanced funding of education programs and opportunities for the students of madison school district 321, madison county, idaho.

490 First American CircleRexburg, ID 83440

madisoneducationfoundation321.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

12th percentile

-67%

Higher net margin than 12% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

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 2024

Asset Growth

47th percentile

-3.6%

Faster asset growth than 47% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

20th percentile

-46%

Faster revenue growth than 20% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$474,635

Down $17,949 (-3.6%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$474,635

Down $17,949 (-3.6%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin12th percentile

Revenue

Down

$59,571

Down $49,839 (-46%) from 2023

Expenses

Up

$99,569

Up $31,686 (+47%) from 2023

Net Income

Down

-$39,998

Down $81,525 (-196%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth47th percentile

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

$600K$400K$200K$0Assets 2016: $278,294Net Assets 2016: $278,2942016Assets 2017: $283,405Net Assets 2017: $283,4052017Assets 2018: $283,553Net Assets 2018: $283,5532018Assets 2019: $281,216Net Assets 2019: $281,2162019Assets 2020: $298,875Net Assets 2020: $298,8752020Assets 2021: $318,946Net Assets 2021: $318,9462021Assets 2022: $479,488Net Assets 2022: $479,4882022Assets 2023: $492,584Net Assets 2023: $492,5842023Assets 2024: $474,635Net Assets 2024: $474,6352024

Highlighted filing

2024

Assets$474,635
Liabilities-
Net Assets$474,635
Open 2024 Filing

Operations Trend

Revenue Growth20th percentile

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

$200K$100K$0-$100KRevenue 2016: $55,444Expenses 2016: $44,619Net Income 2016: $10,8252016Revenue 2017: $51,660Expenses 2017: $46,549Net Income 2017: $5,1112017Revenue 2018: $56,511Expenses 2018: $56,363Net Income 2018: $1482018Revenue 2019: $52,650Expenses 2019: $54,987Net Income 2019: -$2,3372019Revenue 2020: $45,915Expenses 2020: $28,256Net Income 2020: $17,6592020Revenue 2021: $60,098Expenses 2021: $40,027Net Income 2021: $20,0712021Revenue 2022: $171,408Expenses 2022: $49,832Net Income 2022: $121,5762022Revenue 2023: $109,410Expenses 2023: $67,883Net Income 2023: $41,5272023Revenue 2024: $59,571Expenses 2024: $99,569Net Income 2024: -$39,9982024

Highlighted filing

2024

Revenue$59,571
Expenses$99,569
Net Income-$39,998
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$474,635
Liabilities
-
Net assets
$474,635
Revenue
$59,571
Expenses
$99,569
Net income
-$39,998
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.75$4.75$0.60$1.00$0.40
2023Detailed filing. Detailed filing data is available for this year.$4.93$4.93$1.09$0.68$0.42
2022Detailed filing. Detailed filing data is available for this year.$4.79$4.79$1.71$0.50$1.22
2021Detailed filing. Detailed filing data is available for this year.$3.19$3.19$0.60$0.40$0.20
2020Detailed filing. Detailed filing data is available for this year.$2.99$2.99$0.46$0.28$0.18
2019Detailed filing. Detailed filing data is available for this year.$2.81$2.81$0.53$0.55$0.02
2018Detailed filing. Detailed filing data is available for this year.$2.84$2.84$0.57$0.56$0.00
2017Detailed filing. Detailed filing data is available for this year.$2.83$2.83$0.52$0.47$0.05
2016Detailed filing. Detailed filing data is available for this year.$2.78$2.78$0.55$0.45$0.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 6, 2025
Return Version
2023v6.0
Gross Receipts
$63,262
Mission and Program Overview

Mission

Promote enhanced funding of education programs and opportunities for the students of madison school district 321, madison county, idaho.

Program Services

DescriptionGrantsExpenses
PROMOTE ENHANCED FUNDING OF EDUCATION PROGRAMS AND OPPORTUNITIES FOR THE STUDENTS OF MADISON SCHOOL DISTRICT 321, MADISON COUNTY IDAHO.$91,529$91,529
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KAREN ABEGGLINPresident-$0--
ALISHA MARTINSecretaryPT$0--
BRITTANY ERICKSENVice President-$0--
DARIN HERZOFFTreasurer-$0--
TARALI RAILDirector-$0--
CAROLYN BROADBENTDirector-$0--
LORAE BOWDENDirector-$0--
SHANNON HAMILTONDirector-$0--
WADE CARLSONDirector-$0--
BILL STORMDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dancing With the Stars$11,358$11,358$3,691$7,667
Jeans Day$8,316$8,316-$8,316
Total Events$19,674$19,674$3,691$15,983
Filing and Contact Details

Filer

Filer Name
Madison Education Foundation
EIN
82-0464676
Phone
2083563677
Address
490 FIRST AMERICAN CIRCLE, REXBURG, ID 83440

Signing Officer

Name
Darin Herzoff
Title
Treasurer
Signed
2025-02-06
Discuss with paid preparer
Yes

Preparer

Firm
Rudd & Company Pllc
Address
490 FIRST AMERICAN CIR, REXBURG, ID 83440
Preparer
Aaron Tonks
Phone
2083563677
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“| Donee's Name: MADISON SCHOOL DISTRICT 321 | Donee's Address: 60 W MAIN ST REXBURG ID 83440 | Relationship of Donee: NONE | Cash Amount Given: $91529”

Other Expenses.1001

“Advertising and Promotion $180”

Other Expenses.1002

“Office Expenses $308”

Other Expenses.1

“SCHOLARSHIPS $1300”

Other Expenses.2

“WEB SITE FEES $705”

Raw XML Appendix181 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/USAddress/CityNm0REXBURG
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IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt091529
IRS990EZ/GrossReceiptsAmt063262
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0492584
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KAREN ABEGGLIN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BRITTANY ERICKSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DARIN HERZOFF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4TARALI RAIL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5CAROLYN BROADBENT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7SHANNON HAMILTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8WADE CARLSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9BILL STORM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt022049
IRS990EZ/OtherExpensesTotalAmt02493
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE ENHANCED FUNDING OF EDUCATION PROGRAMS AND OPPORTUNITIES FOR THE STUDENTS OF MADISON SCHOOL DISTRICT 321, MADISON COUNTY, IDAHO.
IRS990EZ/PrintingPublicationsPostageAmt0182
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt091529
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IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0true
IRS990EZ/SpecialEventsDirectExpensesAmt03691
IRS990EZ/SpecialEventsNetIncomeLossAmt015983
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt099569
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IRS990EZ/TotalRevenueAmt059571
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0MADISONEDUCATIONFOUNDATION321.ORG
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt03691
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0DANCING WITH THE STARS
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0JEANS DAY
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt011358
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt011358
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IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt03691
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03691
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: MADISON SCHOOL DISTRICT 321 | Donee's Address: 60 W MAIN ST REXBURG ID 83440 | Relationship of Donee: NONE | Cash Amount Given: $91529
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising and Promotion $180
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Office Expenses $308
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SCHOLARSHIPS $1300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4WEB SITE FEES $705
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DARIN HERZOFF
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MADISON EDUCATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MADI
ReturnHeader/Filer/EIN0820464676
ReturnHeader/Filer/PhoneNum02083563677
ReturnHeader/Filer/USAddress/AddressLine1Txt0490 FIRST AMERICAN CIRCLE
ReturnHeader/Filer/USAddress/CityNm0REXBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ID
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0REXBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ID
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ReturnHeader/PreparerPersonGrp/PhoneNum02083563677
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AARON TONKS
ReturnHeader/ReturnTs02025-02-06T08:06:45-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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