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Nonprofit · EIN 85-4214868

MADISON VILLAGE FOR ADVANCED ENTREPRENEURSHIP INC

Tax-exempt · MADISON, GA 30650

Financials

$381K$79K2024$26K$172K2025
Revenue Expenses · by fiscal year end
Financials of MADISON VILLAGE FOR ADVANCED ENTREPRENEURSHIP INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$25,862$172,326-$146,464$163,126$2,051$161,075
December 31, 2024990$380,784$79,063$301,721$303,648$1,927$301,721
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$25,862
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$70,000
Other salaries and wages
$12,000
Salaries, compensation and benefits (total)
$88,273
Professional fundraising fees
$0
Accounting fees
$1,158
Occupancy
$4,540
Travel
$266
Depreciation
$8,769
Program services (functional)
$134,246
Management and general (functional)
$33,477
Fundraising (functional)
$4,603

Balance sheet and other

Total assets, start of year
$303,648
Total assets, end of year
$163,126
Total liabilities, end of year
$2,051
Net assets, end of year
$161,075
Land, buildings and equipment
$39,957
Net assets without donor restrictions
$161,075
Gross receipts
$25,862
Employees
2
Year formed
2000
State of legal domicile
GA

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
MICHELLE EDWARDSCEO
Officer
40$0
DREW JONESDIRECTOR
Trustee or director
4$0
BROOKS PENNINGTON IVDIRECTOR
Trustee or director
4$0
JIM MALANOWSKIDIRECTOR
Trustee or director
4$0
ANNIE BURRISDIRECTOR
Trustee or director
4$0
STAN ASHLEYDIRECTOR
Trustee or director
4$0
SHERRY ALEXANDERDIRECTOR
Trustee or director
4$0
BECKY THOMPSONTREASURER
Trustee or director
4$0
JAKE LINDSEYCFO
Officer
4$0
LEM DURDENDIRECTOR
Trustee or director
4$0
ZACH WILLIAMSDIRECTOR
Trustee or director
4$0
990 for the year ended December 31, 2024: 10 people
NameTitleHours / weekCompensation
MICHELLE EDWARDSExecutive Dir.
Officer
40$29,167
DREW JONESPresident
Trustee or director
4$0
BROOKS PENNINGTON IVDirector
Trustee or director
4$0
JIM MALANOWSKIDirector
Trustee or director
4$0
ANNIE BURRISDirector
Trustee or director
4$0
STAN ASHLEYDirector
Trustee or director
4$0
BOB MACKEYDirector
Trustee or director
4$0
CARRIE PETERS-REIDDirector
Trustee or director
4$0
SHERRY ALEXANDERDirector
Trustee or director
4$0
BECKY THOMPSONDirector
Trustee or director
4$0

Address and contacts

Address (IRS master file)
115 E JEFFERSON ST, MADISON, GA 30650-1362
In care of
% ANNIE HUNT BURRISS
Principal officer (990 for 2025)
JAKE LINDSEY
Signed the 990
JAKE LINDSEY, CFO
Phone
(678) 517-2615
Return prepared by
PATHWISE CPA GROUP

Mission

MADISON VILLAGE FOR ADVANCED ENTREPRENEURSHIP INC. (DBA THE WHEELEHOUSE) IS A 501(C)3 NONPROFIT CORPORATION AND ENTREPRENEURIAL COMMUNITY CREATED TO BUILD RELATIONSHIPS BETWEEN SMALL BUSINESS OWNERS AND MENTORS WHO HAVE TAKEN THIS PATH BEFORE WITH NEW ENTREPRENEURS IN OUR COMMUNITY OF MADISON, GEORGIA. OUR MISSION IS TO IDENTIFY, CREATE, STRENTHEN AND EMPOWER SMALL BUSINESSES FOR SUCCESS.

990 for the year ended December 31, 2025

Program accomplishments

  • THE WHEELHOUSE OPENED UP AN ENTREPRENEURIAL SPACE CALLED THE HUB WHERE MENTORS AND MENTEES CAN COLLABORATE TOGETHER. THE WHEELHOUSE ALSO HAD SCHEDULED GET TOGETHERS CALLED "COFFEE & CONVERSATION" WHERE NEW ENTREPRENEURS AND EXPERIENCED ENTREPRENEURS BRAINSTORM AND DISCUSS OPTIONS FOR CREATING AND SUSTAINING NEW BUSINESSES IN MADISON. LASTLY, THE WHEELHOUSE HOSTED IT'S INAUGURAL "ENTREFEST" A FULL DAY OF NOTABLE ENTREPRENEURIAL SPREAKERS AND THE OPPORTUNITY FOR ENTREPRENEURS TO "PITCH" THEIR IDEAS TO INVESTORS.
  • THE WHEELHOUSE OPENED UP AN ENTREPRENEURIAL SPACE CALLED THE HUB WHERE MENTORS AND MENTEES CAN COLLABORATE TOGETHER. THE WHEELHOUSE ALSO HAD SCHEDULED GET TOGETHERS CALLED "COFFEE & CONVERSATION" WHERE NEW ENTREPRENEURS AND EXPERIENCED ENTREPRENEURS BRAINSTORM AND DISCUSS OPTIONS FOR CREATING AND SUSTAINING NEW BUSINESSES IN MADISON. LASTLY, THE WHEELHOUSE HOSTED IT'S INAUGURAL "ENTREFEST" A FULL DAY OF NOTABLE ENTREPRENEURIAL SPREAKERS AND THE OPPORTUNITY FOR ENTREPRENEURS TO "PITCH" THEIR IDEAS TO INVESTORS.
    Expenses $134,246

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024Check at the IRS

File the 2026 990-N for MADISON VILLAGE FOR ADVANCED ENTREPRENEURSHIP INC

Due May 17, 2027 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
85-4214868
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$163,126
Income (IRS master file)
$25,862

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$25,862$172,326$163,126XML
990December 2024$380,784$79,063$303,648XML

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 85-4214868).

Questions about MADISON VILLAGE FOR ADVANCED ENTREPRENEURSHIP INC

What is the EIN of MADISON VILLAGE FOR ADVANCED ENTREPRENEURSHIP INC?
The employer identification number (EIN) of MADISON VILLAGE FOR ADVANCED ENTREPRENEURSHIP INC is 85-4214868.
Is MADISON VILLAGE FOR ADVANCED ENTREPRENEURSHIP INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to MADISON VILLAGE FOR ADVANCED ENTREPRENEURSHIP INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MADISON VILLAGE FOR ADVANCED ENTREPRENEURSHIP INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of MADISON VILLAGE FOR ADVANCED ENTREPRENEURSHIP 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 VILLAGE FOR ADVANCED ENTREPRENEURSHIP INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of MADISON VILLAGE FOR ADVANCED ENTREPRENEURSHIP INC?
The 990 for the year ended December 31, 2025 names JAKE LINDSEY.
Who are the officers and directors of MADISON VILLAGE FOR ADVANCED ENTREPRENEURSHIP INC?
The 990 for the year ended December 31, 2025 lists 11 people; 0 received compensation from the organization.
How much revenue does MADISON VILLAGE FOR ADVANCED ENTREPRENEURSHIP INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $25,862, expenses of $172,326 and total assets of $163,126 at year end.

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