Madison Jaycees Foundation Inc
Nonprofit profile at a glance
- EIN
- 461693707
- IRS 990-EZ coverage
- 2015–2024
- Forms available
- Form 990-EZ 2024
- Location
- Madison, CT, USA
- Phone
- 8609308014
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community Foundations
Reported finances
- Revenue
- $37,307
- Expenses
- $32,405
- Assets
- $64,244
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- PETER HUSTIS (President)
- MATT GORDON (Vice President)
People named in this filing
- PETER HUSTIS (President)
- MATT GORDON (Vice President)
- CHRIS RYAN (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To develop and raise fund to or for the benefit of charitable community projects, to promote youth leadership and education in furtherance of civid service and charitable community pursuits, and to provide financial assistance and award scholarship grants to individuals consistent with our educational and charitable purposes.
What it reported doing in 2024
The organization gives scholarships to local students to assist with their post high school education cost.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 82
- Sustainability: 57
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82.7%; rating input score 83
- Program expense ratio: 95.2%; rating input score 95
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 13.1%; rating input score 66; 66th percentile among comparable filings
- Total-asset coverage ratio: 1.98; rating input score 65; 65th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 5.5% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: 5.6% per year; rating input score 100; 73rd percentile among comparable filings
- Asset growth: 20.9% per year; rating input score 100; 87th percentile among comparable filings
Details
- Where the money goes: 82.7% of revenue deployed · 95.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $31K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 9 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Sustainability: Officer compensation ratio scored 56/100.