Nonprofit · EIN 56-2566428
MADISON ATHLETIC FOUNDATION INC
Tax-exempt · MADISON, NJ 07940
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $41,495 | $19,922 | $21,573 | $87,474 | $0 | $87,474 |
| December 31, 2024 | 990-EZ | $10,734 | $1,484 | $9,250 | $65,901 | $0 | $65,901 |
| December 31, 2023 | 990-EZ | $10,083 | $10,029 | $54 | $56,651 | $0 | $56,651 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $27,227
- Investment income
- $36
- Net income from fundraising events
- $14,232
Expenses
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $19,922
- Program services (functional)
- $19,922
Balance sheet and other
- Total assets, start of year
- $65,901
- Total assets, end of year
- $87,474
- Total liabilities, end of year
- $0
- Net assets, end of year
- $87,474
- Cash, savings and investments
- $87,474
- Gross receipts
- $42,913
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHAUN POLKE | VP/TREASURER | 1 | $0 |
| CARA MASER | PRESIDENT | 1 | $0 |
| LIZ FERRAIOLO | SECRETARY | 1 | $0 |
990-EZ for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHAUN POLKE | VP/TREASURER | 1 | $0 |
| CARA MASER | PRESIDENT | 1 | $0 |
| LIZ FERRAIOLO | SECRETARY | 1 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHAUN POLKE | TRUSTEE | 1 | $0 |
| CARA MASER | TRUSTEE | 1 | $0 |
| TUCKER MCKEEVER | TRUSTEE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 434, MADISON, NJ 07940-0434
- In care of
- % MARTIN L HORN
- Signed the 990-EZ
- SHAUN POLKE, VP / TREASURER
- Phone
- (617) 905-7802
- Return prepared by
- GIORDANO ET AL & CO PA CPA
Mission
TO PROMOTE AND SUPPORT YOUTH ATHLETICS IN THE TOWN OF MADISON, NJ IN THE FORM OF FINANCIAL SUPPORT AND LEADERSHIP TOWARD, BUT NOT LIMITED TO, THE ESTABLISHMENT AND MAINTENANCE OF FIRST-CLASS ATHLETIC FACILITIES IN MADISON.
Program accomplishments
- DONATIONS / GRANTS GIVEN TO SUPPORT SOCCER PROGRAM.Expenses $18,406
- GENERAL MANAGEMENT TO SUPPORT RUNNING OF FOUNDATIONExpenses $1,516
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 56-2566428
- 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
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $87,474
- Income (IRS master file)
- $42,913
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $41,495 | $19,922 | $87,474 | XML |
| 990-EZ | December 2024 | $10,734 | $1,484 | $65,901 | XML |
| 990-EZ | December 2023 | $10,083 | $10,029 | $56,651 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990 | December 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 56-2566428).
Questions about MADISON ATHLETIC FOUNDATION INC
- What is the EIN of MADISON ATHLETIC FOUNDATION INC?
- The employer identification number (EIN) of MADISON ATHLETIC FOUNDATION INC is 56-2566428.
- Is MADISON ATHLETIC FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to MADISON ATHLETIC FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MADISON ATHLETIC FOUNDATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of MADISON ATHLETIC FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MADISON ATHLETIC FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of MADISON ATHLETIC FOUNDATION INC?
- The 990-EZ for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does MADISON ATHLETIC FOUNDATION INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $41,495, expenses of $19,922 and total assets of $87,474 at year end.
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