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Nonprofit · EIN 76-0790184

MADISON CENTRAL SCHOOL EDUCATIONAL FOUNDATION INC

Tax-exempt · MADISON, SD 57042

Financials

$527K$490K2022$419K$214K2023
Revenue Expenses · by fiscal year end
Financials of MADISON CENTRAL SCHOOL EDUCATIONAL FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2024990$418,978$213,631$205,347$1,340,347$0$1,340,347
June 30, 2023990$526,584$489,999$36,585$1,135,000$0$1,135,000
Financial details: 990 for the year ended June 30, 2024

Revenue

Contributions, gifts and grants
$418,978
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$213,631

Balance sheet and other

Total assets, start of year
$1,135,000
Total assets, end of year
$1,340,347
Total liabilities, end of year
$0
Net assets, end of year
$1,340,347
Net assets without donor restrictions
$272,398
Net assets with donor restrictions
$1,067,949
Gross receipts
$418,978
Employees
0
Year formed
2007
State of legal domicile
SD

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
JACOB DAWSONDIRECTOR
Trustee or director
1$0
JENNIFER GROSSCHAIR
Trustee or director, Officer
1$0
ANGI KAPPENMANDIRECTOR
Trustee or director
1$0
JENA MARTINDIRECTOR
Trustee or director
1$0
JULIA MILLERDIRECTOR
Trustee or director
1$0
THERESA SCHAEFERDIRECTOR
Trustee or director
1$0
JORDAN SCHUHDIRECTOR
Trustee or director
1$0
CAMIE SIMSDIRECTOR
Trustee or director
1$0
LEE THREADGOLDVICE CHAIR
Trustee or director, Officer
1$0
MARLI WIESESECRETARY
Trustee or director, Officer
1$0
990 for the year ended June 30, 2023: 10 people
NameTitleHours / weekCompensation
JACOB DAWSONDIRECTOR
Trustee or director
1$0
JENNIFER GROSSCHAIR
Trustee or director, Officer
1$0
ANGI KAPPENMANDIRECTOR
Trustee or director
1$0
KRISTIN MORSEDIRECTOR
Trustee or director
1$0
LORI NORBYDIRECTOR
Trustee or director
1$0
THERESA SCHAEFERDIRECTOR
Trustee or director
1$0
JORDAN SCHUHDIRECTOR
Trustee or director
1$0
CARRIE STUDORDIRECTOR
Trustee or director
1$0
LEE THREADGOLDVICE CHAIR
Trustee or director, Officer
1$0
MARLI WIESESECRETARY
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
800 NE 9TH ST, MADISON, SD 57042-1104
In care of
% RENAE PROSTROLLO
Mailing address (990-N for 2018)
800 NE 9th Street, Madison SD 57042
Principal officer (990 for 2023)
JENNIFER GROSS, 800 800 9TH ST NE, MADISON, SD 57042
Principal officer (990-N for 2018)
Renae Prostrollo, 800 NE 9th Street, Madison SD 57042
Signed the 990
JENNIFER GROSS, CHAIR
Return prepared by
ELO PROF LLC

Mission

PROVIDE EDUCATION SCHOLARSHIPS FOR MADISON CENTRAL SCHOOL DISTRICTS

990 for the year ended June 30, 2024

Program accomplishments

  • PROVIDE EDUCATION SCHOLARSHIPS FOR MADISON CENTRAL SCHOOL DISTRICTS
    Expenses $213,631

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025Not on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
76-0790184
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
2006
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B11)
Assets (IRS master file)
$1,340,347
Income (IRS master file)
$418,978

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2024$418,978$213,631$1,340,347IRS
990June 2023$526,584$489,999$1,135,000XML
990June 2022–––IRS
990June 2021–––IRS
990-N for 2018
Officer: Renae Prostrollo
June 30, 2019≤ $50,000 receipts––e-Postcard

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 76-0790184).

Questions about MADISON CENTRAL SCHOOL EDUCATIONAL FOUNDATION INC

What is the EIN of MADISON CENTRAL SCHOOL EDUCATIONAL FOUNDATION INC?
The employer identification number (EIN) of MADISON CENTRAL SCHOOL EDUCATIONAL FOUNDATION INC is 76-0790184.
Is MADISON CENTRAL SCHOOL EDUCATIONAL FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to MADISON CENTRAL SCHOOL EDUCATIONAL FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MADISON CENTRAL SCHOOL EDUCATIONAL 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 CENTRAL SCHOOL EDUCATIONAL 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 CENTRAL SCHOOL EDUCATIONAL FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2024.
Who is the principal officer of MADISON CENTRAL SCHOOL EDUCATIONAL FOUNDATION INC?
The 990 for the year ended June 30, 2024 names JENNIFER GROSS.
Who are the officers and directors of MADISON CENTRAL SCHOOL EDUCATIONAL FOUNDATION INC?
The 990 for the year ended June 30, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does MADISON CENTRAL SCHOOL EDUCATIONAL FOUNDATION INC have?
On its 990 for the year ended June 30, 2024 it reported revenue of $418,978, expenses of $213,631 and total assets of $1,340,347 at year end.

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