Nonprofit · EIN 82-0464676
MADISON EDUCATION FOUNDATION INC
Tax-exempt · REXBURG, ID 83440
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $86,022 | $68,402 | $17,620 | $515,594 | $0 | $515,594 |
| June 30, 2024 | 990-EZ | $59,571 | $99,569 | -$39,998 | $474,635 | – | $474,635 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $44,130
- Program service revenue
- $0
- Investment income
- $20,491
- Net gain from sales of assets
- -$3,208
- Net income from fundraising events
- $21,401
- Other revenue
- $21,401
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $6,346
- Program services (functional)
- $59,372
- Management and general (functional)
- $9,030
Balance sheet and other
- Total assets, start of year
- $474,635
- Total assets, end of year
- $515,594
- Total liabilities, end of year
- $0
- Net assets, end of year
- $515,594
- Gross receipts
- $106,902
- Employees
- 0
- State of legal domicile
- ID
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN ABEGGLIN | President Trustee or director | 1 | $0 |
| DEON WARD | Secretary Trustee or director | 5 | $0 |
| BRITTANY ERICKSEN | Director Trustee or director | 0 | $0 |
| DARIN HERZOFF | Treasurer Trustee or director | 1 | $0 |
| TARA RAIL | Director Trustee or director | 0 | $0 |
| CAROLYN BROADBENT | Director Trustee or director | 0 | $0 |
| LORAE BOWDEN | Director Trustee or director | 0 | $0 |
| SHANNON HAMILTON | Director Trustee or director | 0 | $0 |
| WADE CARLSON | Director Trustee or director | 0 | $0 |
| BILL STORM | Director Trustee or director | 0 | $0 |
| JOHN IVERS | Director Trustee or director | 0 | $0 |
990-EZ for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN ABEGGLIN | President | 1 | $0 |
| ALISHA MARTIN | Secretary | 5 | $0 |
| BRITTANY ERICKSEN | Vice President | 0 | $0 |
| DARIN HERZOFF | Treasurer | 0 | $0 |
| TARALI RAIL | Director | 0 | $0 |
| CAROLYN BROADBENT | Director | 0 | $0 |
| LORAE BOWDEN | Director | 0 | $0 |
| SHANNON HAMILTON | Director | 0 | $0 |
| WADE CARLSON | Director | 0 | $0 |
| BILL STORM | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 490 FIRST AMERICAN CIR, REXBURG, ID 83440-5410
- In care of
- % RICHARD B SMITH
- Mailing address (990-N for 2013)
- 15 West Main St, Rexburg ID 83440
- Principal officer (990-N for 2013)
- Richard Bradley Smith, 15 West Main, Rexburg ID 83440
- Signed the 990
- DARIN HERZOFF, Treasurer
- Phone
- (208) 356-3677
- Return prepared by
- RUDD & COMPANY PLLC
Mission
PROMOTE ENHANCED FUNDING OF EDUCATION PROGRAMS AND OPPORTUNITIES FOR THE STUDENTS OF MADISON SCHOOL DISTRICT 321, MADISON COUNTY, IDAHO.
Program accomplishments
- PROMOTE ENHANCED FUNDING OF EDUCATION PROGRAMS AND OPPORTUNITIES FOR THE STUDENTS OF MADISON SCHOOL DISTRICT 321, MADISON COUNTY IDAHO.Expenses $59,372 · grants $59,372
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 82-0464676
- 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
- 1994
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $515,594
- Income (IRS master file)
- $106,902
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $86,022 | $68,402 | $515,594 | IRS |
| 990-EZ | June 2024 | $59,571 | $99,569 | $474,635 | XML |
| 990-EZ | June 2023 | – | – | – | IRS |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 2020 | – | – | – | IRS |
| 990-EZ | June 2019 | – | – | – | IRS |
| 990-EZ | June 2018 | – | – | – | IRS |
| 990-N for 2013 Officer: Richard Bradley Smith | June 30, 2014 | ≤ $50,000 receipts | – | – | e-Postcard |
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 82-0464676).
Questions about MADISON EDUCATION FOUNDATION INC
- What is the EIN of MADISON EDUCATION FOUNDATION INC?
- The employer identification number (EIN) of MADISON EDUCATION FOUNDATION INC is 82-0464676.
- Is MADISON EDUCATION FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to MADISON EDUCATION FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MADISON EDUCATION 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 MADISON EDUCATION FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MADISON EDUCATION FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MADISON EDUCATION FOUNDATION INC?
- The 990-N for 2013 names Richard Bradley Smith.
- Who are the officers and directors of MADISON EDUCATION FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 11 people; 0 received compensation from the organization.
- How much revenue does MADISON EDUCATION FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $86,022, expenses of $68,402 and total assets of $515,594 at year end.
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