Civic Intelligence

Madisonhome Inc

EIN 85-3081687 • 501(c)3 • Richmond, KY

Profile

Madisonhome acts as an emergency/winter shelter for homeless, and sometimes place homeless in local hotels.

1042 Center DriveRichmond, KY 40475
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 2024

Liabilities / Revenue

62nd percentile

0.00x

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

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

Net Margin

28th percentile

-13%

Higher net margin than 28% 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

34th percentile

-17%

Faster asset growth than 34% of similar nonprofits.

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

Revenue Growth

45th percentile

-7.2%

Faster revenue growth than 45% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$132,698

Down $26,237 (-17%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$132,698

Down $26,237 (-17%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin28th percentile

Revenue

Down

$205,948

Down $15,978 (-7.2%) from 2023

Expenses

Up

$232,185

Up $150,494 (+184%) from 2023

Net Income

Down

-$26,237

Down $166,472 (-119%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth34th percentile

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

$200K$150K$100K$50K$0Assets 2023: $158,935Liabilities 2023: $0Net Assets 2023: $158,9352023Assets 2024: $132,698Liabilities 2024: $0Net Assets 2024: $132,6982024

Highlighted filing

2024

Assets$132,698
Liabilities$0
Net Assets$132,698
Open 2024 Filing

Operations Trend

Revenue Growth45th percentile

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

$300K$200K$100K$0-$100KRevenue 2023: $221,926Expenses 2023: $81,691Net Income 2023: $140,2352023Revenue 2024: $205,948Expenses 2024: $232,185Net Income 2024: -$26,2372024

Highlighted filing

2024

Revenue$205,948
Expenses$232,185
Net Income-$26,237
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$132,698
Liabilities
$0
Net assets
$132,698
Revenue
$205,948
Expenses
$232,185
Net income
-$26,237
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$2.06$2.32$0.26
2023Detailed filing. Detailed filing data is available for this year.$1.59$0.00$1.59$2.22$0.82$1.40
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 2, 2025
Return Version
2024v5.0
Gross Receipts
$205,948
Mission and Program Overview

Mission

Madisonhome acts as an emergency/winter shelter for homeless, and sometimes place homeless in local hotels.

Madisonhome is a organization for homeless shelter initiative and resource center.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$83,019$97,435▲ $14,416
Cash and Non-Interest-Bearing Accounts$75,916$35,263▼ $40,653
Total Assets$158,935$132,698▼ $26,237
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$158,935$132,698▼ $26,237
Total Net Assets Fund Balance$158,935$132,698▼ $26,237
Total Liabilities and Net Assets / Fund Balance$158,935$132,698▼ $26,237

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$97,435$9,784$107,219
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Asad JadoonDirector
Lisa B RoushDirector
Rifath AliDirector
Sheryl JurichDirector
Yasmin JadoonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$205,948
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$155,948
Change in Net Assets
$-26,237
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$202,710
Salaries, Compensation, and Employee Benefits$29,475
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$26,738--$26,738
Office Expenses$13,609--$13,609
Occupancy$13,074--$13,074
Insurance$10,920--$10,920
Other Expenses$8,345--$8,345
Depreciation Depletion$6,940--$6,940
All Other Expenses$5,065--$5,065
Payroll Taxes$2,737--$2,737
Fees for Services Accounting$1,146--$1,146
Travel$1,012--$1,012
Total Functional Expenses$232,185$0$0$232,185
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
No
Backup withholding compliance
No
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
No
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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Madisonhome Inc
EIN
85-3081687
Address
1042 CENTER DRIVE, RICHMOND, KY 40475

Signing Officer

Name
Asad Jadoon
Title
Director
Signed
2025-11-02

Organization Details

Principal Officer
Asad Jadoon
Formed
2020
Legal Domicile
Ky
Voting Board Members
5
Independent Board Members
5
Employees
6

Preparer

Firm
Sk Lee Cpas Psc
Address
208 PAULINE DR STE D, BEREA, KY 40403
Preparer
Sammy K Lee CPA
Phone
8599863756
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Madisonhome acts as an emergency/winter shelter for homeless, and sometimes place homeless in local hotels.”

Raw XML Appendix279 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/InsuranceGrp/ProgramServicesAmt010920
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IRS990/IRPDocumentCnt03
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-11-03T13:49:56-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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