Nonprofit · EIN 43-2001702
MADISON EDUCATION FOUNDATION INC
Tax-exempt · MADISON, NJ 07940
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $110,585 | $157,360 | -$46,775 | $97,277 | $1,850 | $95,427 |
| June 30, 2024 | 990 | $123,596 | $96,654 | $26,942 | $142,202 | $0 | $142,202 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $82,793
- Program service revenue
- $0
- Investment income
- $673
- Net income from fundraising events
- $27,119
- Other revenue
- $27,119
Expenses
- Grants and similar amounts paid
- $143,555
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,000
- Program services (functional)
- $143,555
- Management and general (functional)
- $13,805
Balance sheet and other
- Total assets, start of year
- $142,202
- Total assets, end of year
- $97,277
- Total liabilities, end of year
- $1,850
- Net assets, end of year
- $95,427
- Net assets without donor restrictions
- $95,427
- Gross receipts
- $143,469
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2003
- State of legal domicile
- NJ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARLENA FASS | PRESIDENT Officer | 5 | $0 |
| SUSAN HAN | TREASURER Officer | 5 | $0 |
| BERYL LIN | SECRETARY Officer | 5 | $0 |
990 for the year ended June 30, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARLENA FASS | PRESIDENT Officer | 5 | $0 |
| SUSAN HAN | TREASURER Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1093, MADISON, NJ 07940-8093
- In care of
- % GRACE LAMI
- Principal officer (990 for 2024)
- MARIE FRANCE GREER, PO BOX 1093, MADISON, NJ 07940
- Signed the 990
- MARIE FRANCE GREER, TREASURER
- Phone
- (973) 377-0296
- Website
- WWW.MEFNJ.ORG
- Return prepared by
- GIORDANO ET AL & CO PA CPA
Mission
THE MADISON EDUCATION FOUNDATION WAS FORMED TO (I)ENHANCE & EXPAND EDUCATIONAL ENRICHMENT OPPORTUNITIES FOR ALL STUDENTS IN THE MADISON PUBLIC SCHOOL DISTRICT AND (II) SUPPORT LONG-RANGE FLEXIBILITY FOR DISTRICT SCHOOLS BY ENCOURAGING COMMUNITY WIDE PARTICIPATION & PHILANTROPY FOR EDUCATIONAL INITIATIVES. THE FOUNDATION'S MISSION IS TO CONTRIBUTE TO EDUCATIONAL INNOVATION BY FUNDING IDEAS PROPOSED BY FACULTY & STAFF DESIGNED TO PROVIDE STUDENTS WITH KNOWLEDGE & SKILLS.
Program accomplishments
- HIGH SCHOOL - FUNDED WORKSHOPS RELATED TO SCHOOLS BASIC CURRICULUM, THE ARTS, SCIENCES AND TECHNOLOGY. SOME OF THE PROGRAMS FUNDED ARE: CRUNCH LABS FOR THE PHYSICS CLUB, MOBILE RAKU WORKSHOPS FOR ADVANCED CERAMINCS AND RAKU GLAZING TECHNIQUES, FIELD TRIP TO CONSTITUTION CENTER FOR AP GOVERNMENT STUDENTS AND HATCHING CHIKCS FOR AP BIOLOGY STUDENTS. TOOLS AND EQUIPMENT WERE ALSO DONATED SUCH AS ART PANELS TO DISPLAY STUDENT ARTWORK, BATTLEBOTS ELECTRONICS AND SAFETY EQUIPMENTS, BOOKS FOR THE FORENSICX CLASS, SHREDDER AND MARINE ECOSYSTEM SUPPORT.Expenses $47,302 · grants $47,302
- ELEMENTARY SCHOOLS - SPONSORED VARIOUS PROGRAMS, TOOLS AND EQUIPMENT TO ENHANCE CURRICULUM OF VARIOUS SUBJECTS, SUCH AS AUTHOR VISITS, BOOK TASTINGS, ONE SCHOOL ONE BOOK PROGRAM AND BOOK SUBSCRIPTIONS FOR LITERATURE; TOOL KITS, SPINNERS, IMAGINATION STATION FOR STUDENTS TO HELP WITH FINE VISUAL MOTOR SKILLS AND SENSORY PROCESSING SKILLS; PHYSICAL EDUCATON & FITNESS EQUIPMENT AND GAMES GEARED TO ENHANCE PHYSICAL EDUCATION CURRICULUM; AND SPECIAL EDUCATION REINFORCMENT TOOLS TO MOTIVATE STUDENTS AND REWARD POSITIVE BEHAVIOR.Expenses $35,435 · grants $35,435
- DISTRICT WIDE SCHOOL GRANT - BOOKS FOR ENGLISH LANGUAGE LEARNERS TO WRITE, EDIT, DRAFT AND PUBLISH BILINGUAL BOOKS AND PROGRAMS SUCH AS MADISON READS GRANTS.Expenses $34,963 · grants $34,963
- JUNIOR SCHOOL - SPONSORED VARIOUS PROGRAMS TO ENHANCE LEARNING ON SCIENCE, ARTS, LITERATURE, MATH, HISTORY SUBJECTS, SUCH AS INVITING METEOROLOGIST FOR A SCIENCE ASSEMBY, MATH STORYBOOKS, TRIPS TO MUSEUMS, ASTRONOMY DOMES, MEMOIR WORKSHOPS, CEMETERY GUIDED TOUR AND COOKING FIELD TRIPS.Expenses $25,855 · grants $25,855
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 43-2001702
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $97,277
- Income (IRS master file)
- $143,469
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $110,585 | $157,360 | $97,277 | XML |
| 990 | June 2024 | $123,596 | $96,654 | $142,202 | XML |
| 990 | June 2023 | $100,837 | $139,428 | $115,259 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 43-2001702).
Questions about MADISON EDUCATION FOUNDATION INC
- What is the EIN of MADISON EDUCATION FOUNDATION INC?
- The employer identification number (EIN) of MADISON EDUCATION FOUNDATION INC is 43-2001702.
- Is MADISON EDUCATION FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to MADISON EDUCATION FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MADISON EDUCATION FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MADISON EDUCATION FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MADISON EDUCATION FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MADISON EDUCATION FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names MARIE FRANCE GREER.
- Who are the officers and directors of MADISON EDUCATION FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does MADISON EDUCATION FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $110,585, expenses of $157,360 and total assets of $97,277 at year end.
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