The Madison Farm EIN 83-4077080 Form 990 (PDF) Claim this org

The Madison Farm

Not yet claimed Claim this org →

Teaches practical farming skills to empower intentional living and healthy communities. For fiscal year 2025 it reported $61K in revenue, $53K in expenses, and $49K in net assets.Pt I

Founded
2019
Type
Public charity (501(c)(3)) · Food & Agriculture
Location
Madison, TN
Filings
6 on file (2020–2025)
Revenue
$61KFY2025
Expenses
$53K
Net assets
$49K
People
2
Filings
6
Updates
0
More identity details & actions ⌄
EIN  83-4077080 Public charity (501(c)(3)) Madison, TN Founded 2019
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until The Madison Farm claims this page.

Know this organization? Claim it to add your story

Size
<$100K
What they do
Teaches practical farming skills to empower intentional living and healthy communities.
Leadership
Jenni Adams · President · $26K
Money in and out
$61K revenue, $53K expenses
Bottom line
99% program efficiency
Where the money goes · FY2025
Total revenue
$61K
Pt VIII · Ln 12
Total expenses
$53K
Pt IX · Ln 25
Net assets
$49K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $8K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs▼ -0.9% vs prior filing year
Operating runway
6.5mo
months of highly liquid reserves at operating expense rate▲ +132% vs prior filing year
Surplus margin
+13%
revenue over expenses, this year▲ +246% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$61K
FY2025▲ +19%
Expenses
$53K
FY2025▼ -5%
Total assets
$53K
FY2025▲ +25%
Total liabilities
$4K
FY2025▲ +168%
Total revenue
$61K
Pt VIII · Ln 12
Total expenses
$53K
Pt IX · Ln 25
Net assets
$49K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$8K
Total assetsPt X · Ln 16$53K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Madison Farm
EINHdr · item D83-4077080
Principal addressHdr · item CMadison, TN
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2019
State of legal domicileHdr · item MTN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFood & Agriculture (K20)
Ruling yearIRS BMFAug 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a2
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$26,400Pt VII · Sec A
$0Pt VII · Sec A

Jenni Adams’s $26K as President is at the 73rd percentile of top reported officer pay among 134 <$100K food & agriculture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2021
Jenni Adams$26,400$31,200$19,200$7,200
Shannon Wilhelm$12,800$7,200

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See The Madison Farm executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

1 program service account for $52K of program spending, described in the organization's own filed words · FY2025.
01

Provided opportunities for healthy-living education, community outreach, and sustainable initiatives.

$52Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Program service revenue$35K · 58%
Contributions & grants$25K · 42%
Program service revenue58%$35K
Contributions & grants42%$25K
— government grantsLn 1e$18K
Total revenueLn 12$61K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$52K
Management & general1%$548
Total functional expensesLn 25$53K

Balance Sheet

Part X · end of year
CashLn 1$29K
Total assetsLn 16$53K
Total liabilitiesLn 26$4K
Total net assetsLn 32$49K
Months of cash on handcomputed6.5

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $29K · Operating expenses/yr $53K
6.5 months
Where the money goes
Program services
Program services $52K · Total expenses $53K
99%
Management & General
Management & general $548 · Total expenses $53K
1%
Fundraising
Fundraising $0 · Total expenses $53K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $8K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $25K · Total revenue $61K
42%
Government reliance
Government grants $18K · Total revenue $61K
30%
Earned-income share
Program service revenue $35K · Total revenue $61K
58%
Investment reliance
Investment income $0 · Total revenue $61K
0%
Program self-sufficiency
Program service revenue $35K · Total expenses $53K
67%
Growth & trend
Revenue growth (YoY)
This year $61K · Prior year $51K
+19%
Revenue CAGR
FY2020 $38K · FY2025 $61K
+10%
Net-asset trend (YoY)
End of year $49K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $61K · Expenses $53K
+13%
Liabilities-to-Assets
Total liabilities — · Total assets $53K
Net-asset ratio
Net assets $49K · Total assets $53K
93%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $53K
0%
People & payroll
Highest Reported Total Compensation
Individual Jenni Adams · Reported title President · Highest reported compensation $26K · Total expenses $53K
50%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $28K · Total expenses $53K
54%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 1%
Revenue growth 19%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 1 funder$9K

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$61K revenue · viewing · ⤓ 990 PDF
FY2024$51K revenue · ⤓ 990 PDF
FY2023$60K revenue · ⤓ 990 PDF
FY2022$78K revenue · ⤓ 990 PDF
FY2021$74K revenue · ⤓ 990 PDF
FY2020$38K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.