Form 990 for tax year 2023
Filed by MADISONVILLE EDUCATION AND ASSISTANCE CENTER INC.
Totals
- Total revenue
- $762,074
- Total expenses
- $727,199
- Contributions and grants received
- $754,082
- Grants paid
- $171,805
- Program service revenue
- $0
- Investment income
- $3,393
- Other revenue
- $4,599
- Total assets, end of year
- $703,693
- Total liabilities, end of year
- $15,855
- Net assets or fund balances, end of year
- $687,838
- Program services expenses (Part IX)
- $542,657
- Management and general expenses
- $151,958
- Fundraising expenses
- $32,584
- Program service expenses (Part III)
- $542,657
Program services were 74.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$247,889
-
1f · All other contributions, gifts and grants
$506,193
-
3 · Investment income
total $3,393 · excluded $3,393
-
8a · Fundraising events: gross income
$3,650
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $3,650 · excluded $3,650
-
11a · Other revenue: OTHER REVENUE
total $949 · excluded $949
-
11e · Other revenue, total
$949
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $171,805 · program services $171,805
-
5 · Compensation of officers, directors and key employees
total $103,064 · program services $83,482 · management and general $12,529 · fundraising $7,053
-
7 · Other salaries and wages
total $271,864 · program services $220,210 · management and general $32,624 · fundraising $19,030
-
9 · Other employee benefits
total $22,654 · program services $18,350 · management and general $3,172 · fundraising $1,132
-
10 · Payroll taxes
total $31,151 · program services $25,232 · management and general $4,361 · fundraising $1,558
-
11c · Fees: accounting
total $37,550 · management and general $37,550
-
11g · Fees: other
total $615 · management and general $615
-
13 · Office expenses
total $13,195 · management and general $13,195
-
16 · Occupancy
total $20,103 · management and general $20,103
-
22 · Depreciation, depletion and amortization
total $12,651 · management and general $12,651
-
23 · Insurance
total $4,299 · management and general $4,299
-
24a · Other expenses: COMMUNITY OUTREACH EXPE
total $16,167 · program services $16,167
-
24b · Other expenses: PROGRAM SUPPLIES
total $7,411 · program services $7,411
-
24c · Other expenses: REPAIRS AND MAINTENANCE
total $2,024 · management and general $2,024
-
24e · All other expenses
total $12,646 · management and general $8,835 · fundraising $3,811
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $228,007 · end of year $119,237
-
3 · Pledges and grants receivable
beginning of year $85,795 · end of year $236,792
-
9 · Prepaid expenses and deferred charges
beginning of year $1,643 · end of year $671
-
10a · Land, buildings and equipment: cost or other basis
$568,719
-
10b · Land, buildings and equipment: accumulated depreciation
$247,812
-
10c · Land, buildings and equipment, net
beginning of year $333,396 · end of year $320,907
-
11 · Investments: publicly traded securities
beginning of year $22,720 · end of year $26,086
-
17 · Accounts payable and accrued expenses
beginning of year $18,598 · end of year $15,855
-
27 · Net assets without donor restrictions
beginning of year $521,637 · end of year $414,753
-
28 · Net assets with donor restrictions
beginning of year $131,326 · end of year $273,085
Mission and programs · 2023
Mission
THE RANGE OF PROGRAMS OFFERED BY MEAC- FROM EMERGENCY FINANCIAL, FOOD SECURITY ASSISTANCE TO EARLY LITERACY INTERVENTIONS TO ONGOING CASE MANAGEMENT IS A REFLECTION OF OUR NEWLY-UPDATED MISSION STATEMENT: TO OFFER ACCESS TO EDUCATION, SERVICES, AND ENGAGEMENT THAT ENABLE ALL NEIGHBORS TO THRIVE, REACH SELF-SUFFICIENCY AND INDEPENDENCE.
Activities or mission (Part I)
EMERGENCY ASSISTANCE AND EDUCATION TO RESIDENTS OF MADISONVILLE AREA.
-
THE MARKETPLACE IS A CHOICE FOOD PANTRY PROVIDING FRESH PRODUCE, MILK, MEAT, AND BREAD AS WELL AS SHELF-STABLE FOODS TO QUALIFYING FAMILIES, WHO CAN SHOP WITH US ONCE A MONTH. THE MARKETPLACE SERVES THE WHOLE FAMILY. 1309 INDIVIDUALS WERE SERVED THROUGH VISITS TO THE MARKETPLACE AND THROUGH OUR SPECIAL FOOD DISTRIBUTIONS DURING THANKSGIVING AND THE DECEMBER HOLIDAY SEASON. WE PARTNER WITH FREESTORE FOODBANK AND LASOUPE TO PROVIDE FOOD TO THE COMMUNITY FREE OF CHARGE. ADDITIONALLY OUR PARTNERSHIP WITH SWEET CHEEKS DIAPER BANK PROVIDES DIAPERS AND FEMININE HYGIENE PRODUCTS FOR FAMILIES AS NEEDED.
Expenses $155,959 · Grants $24,035
-
MEAC PROVIDES EMERGENCY FINANCIAL ASSISTANCE (EFA) TO HOUSEHOLDS TO AVOID EVICTION/FORECLOSURE/OR UTILITY DISCONNECTIONS. DURING THE 2023-2024 FISCAL YEAR, 280 HOUSEHOLDS WERE ABLE TO RECEIVE THESE CRITICAL SUPPORTS AND MAINTAIN THEIR HOUSING. ADDITIONAL FAMILIES CONTINUED THEIR PATH TOWARDS STABILIZATION THROUGH PARTICIPATION IN ENHANCE YOUR LIFE AND PROJECT LIFT. THESE PROGRAMS PROVIDE FAMILIES WITH GOAL-SETTING SUPPORT AND BARRIER REMOVAL RESOURCES.
Expenses $264,344 · Grants $147,770
-
MEAC IS A LONG-TIME PARTNER WITH OUR NEIGHBORHOOD ELEMENTARY SCHOOL, THE JOHN P PARKER SCHOOL, SERVING CHILDREN AND FAMILIES OF THE SCHOOL. MEAC CONTINUED TO SUPPORT AND SPONSOR THE PARKER LITERACY NIGHTS AND READ ACROSS MADISONVILLE EVENTS AND PROVIDED SUMMER LEARNING MATERIALS.
Expenses $122,354
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Aaron ParkerAARON PARKER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Cheryl SallwasserCHERYL SALLWASSER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Elise SolomonELISE SOLOMON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kathleen GarrisonKATHLEEN GARRISON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kristin KalsemKRISTIN KALSEM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Nick DecourcyNICK DECOURCY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ryan WheelerRYAN WHEELER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sarah RenfrowSARAH RENFROW
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kelly HarrisKELLY HARRIS
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Tracey SmileyTRACEY SMILEY
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Philip RuschmanPHILIP RUSCHMAN
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Matthew HubbardMATTHEW HUBBARD
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Michael VilardoMICHAEL VILARDO
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Vashti RutledgeVASHTI RUTLEDGE
EXECUTIVE DIRECTOR
- Total calculated
- $103,064
- From this org
- $95,000
- From related orgs
- $0
- Other
- $8,064
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 9 June 2025
- IRS schema version
- 2023v6.0
- Source object
- 202501609349300870
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.