Nonprofit · EIN 80-0210415
MARCO POLO WORLD FOUNDATION INC
Also known as MPW FOUNDATION
Tax-exempt · CARROLLTON, TX 75010
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $166,396 | $151,482 | $14,914 | $67,423 | $8,505 | $58,918 |
| December 31, 2024 | 990-EZ | $180,020 | $158,119 | $21,901 | $59,293 | $15,289 | $44,004 |
| December 31, 2023 | 990-EZ | $154,096 | $172,077 | -$17,981 | $44,214 | $25,325 | $18,889 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $166,396
Expenses
- Compensation of officers, directors and key employees
- $24,000
- Salaries, compensation and benefits (total)
- $25,836
- Professional fees and payments to contractors
- $3,056
- Printing, publications and postage
- $336
- Other expenses
- $122,254
Balance sheet and other
- Total assets, start of year
- $59,293
- Total assets, end of year
- $67,423
- Total liabilities, end of year
- $8,505
- Net assets, end of year
- $58,918
- Cash, savings and investments
- $66,966
- Gross receipts
- $166,396
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 |
|---|---|---|---|
| DIANA MADSEN | President | 40 | $24,000 |
| OWEN STEWART | Treasurer | 0 | $0 |
| LARRY JEFFUS | Secretary | 0 | $0 |
990-EZ for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DIANA MADSEN | President | 40 | $20,564 |
| OWEN STEWART | Treasurer | 0 | $0 |
| LARRY JEFFUS | Secretary | 0 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DIANA MADSEN | President | 40 | $21,564 |
| OWEN STEWART | Treasurer | 0 | $0 |
| LARRY JEFFUS | Secretary | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1031 CAPROCK LN, CARROLLTON, TX 75010-1211
- In care of
- % DIANA WANG MADISON
- Signed the 990-EZ
- DIANA MADSEN, President
- Phone
- (972) 910-9985
- Return prepared by
- Omotayo CPA LLC
Mission
ORGANIZATION'S MISSION IS TO PROMOTE THE NEW SPORT OF DRAGON BOATING IN THE DFW REGION, SHOWCASE ASIAN CULTURE, ENHANCE INTERCULTURAL UNDERSTAND AND CELEBRATE ASIAN/PACIFIC HERITAGE MONTH. THE FESTIVAL WORKS WITH PRIVATAND PUBLIC SECTOR PARTNERS AND COMMUNITY ORGANIZATIONS TO ENCOURAGE REGIONAL AND INTERNATIONAL PARTICIPATION.
Program accomplishments
- HIGHLIGHT RICH CULTURAL DIVERSITY OF ASIAN AMERICAN AND THEIR CONTRIBUTIONS TO THE ATTRACTIVE LIFE STYLE OFFERED IN NORTH AMERICA
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 | 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
- 80-0210415
- 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
- 2009
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q21)
- Assets (IRS master file)
- $67,423
- Income (IRS master file)
- $166,396
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $166,396 | $151,482 | $67,423 | XML |
| 990-EZ | December 2024 | $180,020 | $158,119 | $59,293 | XML |
| 990-EZ | December 2023 | $154,096 | $172,077 | $44,214 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | 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 80-0210415).
Questions about MARCO POLO WORLD FOUNDATION INC
- What is the EIN of MARCO POLO WORLD FOUNDATION INC?
- The employer identification number (EIN) of MARCO POLO WORLD FOUNDATION INC is 80-0210415.
- Is MARCO POLO WORLD FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to MARCO POLO WORLD FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MARCO POLO WORLD 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 MARCO POLO WORLD 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 MARCO POLO WORLD 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 MARCO POLO WORLD FOUNDATION INC?
- The 990-EZ for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $24,000 (DIANA MADSEN, President).
- How much revenue does MARCO POLO WORLD FOUNDATION INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $166,396, expenses of $151,482 and total assets of $67,423 at year end.
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All nonprofits in CARROLLTON · Texas · International, foreign affairs and national security