Nonprofit · EIN 52-1906471
JAMES MADISON EDUCATION FUND INC
Tax-exempt · ALEXANDRIA, VA 22314
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,173,433 | $611,927 | $561,506 | $23,118,989 | $31,302 | $23,087,687 |
| December 31, 2023 | 990 (amended) | $695,264 | $527,594 | $167,670 | $21,274,844 | $8,998 | $21,265,846 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $223,348
- Program service revenue
- $0
- Investment income
- $716,700
- Net rental income
- $202,361
- Other revenue
- $233,385
Expenses
- Grants and similar amounts paid
- $161,576
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $3,000
- Occupancy
- $17,092
- Travel
- $4,204
- Depreciation
- $79,608
- Program services (functional)
- $478,551
- Management and general (functional)
- $133,376
Balance sheet and other
- Total assets, start of year
- $21,274,844
- Total assets, end of year
- $23,118,989
- Total liabilities, end of year
- $31,302
- Net assets, end of year
- $23,087,687
- Land, buildings and equipment
- $1,975,051
- Net assets without donor restrictions
- $22,883,276
- Net assets with donor restrictions
- $204,411
- Gross receipts
- $1,198,376
- Employees
- 0
- Year formed
- 1994
- State of legal domicile
- VA
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| OLIVER A ALWES | SECRETARY Trustee or director, Officer | 1 | $0 |
| LEWIS F LARSEN | PRESIDENT TILL 10124 Trustee or director, Officer | 1 | $0 |
| CLARE IGLESIAS | TREASURER Trustee or director, Officer | 10 | $0 |
| JULIE E ADAMS | ESCEO START 102024 Trustee or director, Officer | 5 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CLARE IGLESIAS | TREASURER Trustee or director, Officer | 10 | $0 |
| LEWIS F LARSEN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| OLIVER A ALWES | SECRETARY Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1613 DUKE ST, ALEXANDRIA, VA 22314-3406
- In care of
- % CLARE IGLESIAS
- Principal officer (990 for 2024)
- JULIE E ADAMS, 1613 Duke Street, Alexandria, VA 223143406
- Signed the 990
- CLARE IGLESIAS, TREASURER
- Phone
- (571) 858-4202
- Return prepared by
- PR CPA SOLUTIONS LLC
Mission
TO SUPPORT THE PURPOSES AND ACTIVITIES OF THE JAMES MADISON MEMORIAL FELLOWSHIP FOUNDATION.(CONTINUED ON SCHEDULE O)
Program accomplishments
- SUMMER INSTITUTE AND FELLOW SUPPORT: AS PART OF THE JAMES MADISON FELLOWSHIP PROGRAM, EACH FELLOW ATTENDS THE FOUR-WEEK SUMMER INSTITUTE ON THE CONSTITUTION HELD IN JULY IN WASHINGTON, DC. FELLOWS ATTEND THE INSTITUTE AT GEORGETOWN UNIVERSITY AFTER THEY HAVE MATRICULATED IN A GRADUATE PROGRAM AND COMMENCED COURSEWORK. THE ACADEMIC FOCUS OF THE INSTITUTE IS A GRADUATE COURSE ENTITLED, THE FOUNDATIONS OF AMERICAN CONSTITUTIONALISM. TAUGHT BY CONSTITUTIONAL SCHOLARS, THIS COURSE IS A STUDY OF THE PRINCIPLES, FRAMING, RATIFICATION AND IMPLEMENTATION OF CONSTITUTIONAL GOVERNMENT IN THE UNITED STATES.Expenses $387,320 · grants $161,576
- CONSTITUTIONAL CONVERSATIONS VIDEO SERIES: TO FULFILL THE FOUNDATIONS MISSION TO PROVIDE RESOURCES FOR ALL TEACHERS ABOUT THE CONSTITUTION, THE FOUNDATION HAS EMBARKED ON A MULTI-YEAR VIDEO PROJECT, CONSTITUTIONAL CONVERSATIONS ABOUT THE PRINCIPLES, FRAMING, RATIFICATION, AND IMPLEMENTATION OF AMERICAN CONSTITUTIONAL GOVERNMENT.Expenses $82,108
- TEACHER OUTREACH: THE ANNUAL JAMES MADISON LECTURE IS HELD EACH JULY AND BRINGS OUTSTANDING SCHOLARS OF THE AMERICAN CONSTITUTION TO WASHINGTON, DC TO ADDRESS THE SUMMER INSTITUTE PARTICIPANTS. THE SYMPOSIUM IS ALSO THE ANNUAL ALUMNAE GATHERING FOR ALL JAMES MADISON FELLOWS, AND THE EVENT IS OPEN TO THE PUBLIC.Expenses $9,123
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 52-1906471
- 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
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A99)
- Assets (IRS master file)
- $23,118,989
- Income (IRS master file)
- $1,198,376
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,173,433 | $611,927 | $23,118,989 | IRS |
| 990 | December 2023 | $695,264 | $527,594 | $21,274,844 | XML |
| 990 | December 2022 | $785,616 | $353,937 | $18,912,728 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 52-1906471).
Questions about JAMES MADISON EDUCATION FUND INC
- What is the EIN of JAMES MADISON EDUCATION FUND INC?
- The employer identification number (EIN) of JAMES MADISON EDUCATION FUND INC is 52-1906471.
- Is JAMES MADISON EDUCATION FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to JAMES MADISON EDUCATION FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does JAMES MADISON EDUCATION FUND 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 JAMES MADISON EDUCATION FUND INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did JAMES MADISON EDUCATION FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of JAMES MADISON EDUCATION FUND INC?
- The 990 for the year ended December 31, 2024 names JULIE E ADAMS.
- Who are the officers and directors of JAMES MADISON EDUCATION FUND INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does JAMES MADISON EDUCATION FUND INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,173,433, expenses of $611,927 and total assets of $23,118,989 at year end.
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All nonprofits in ALEXANDRIA · Virginia · Arts, culture and humanities