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Passes our checks

Madison Visionary Partners

EIN 46-1676220 · Madison, AL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood78 out of 100GovernanceGood83 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • Only 35% of its spending went to programs.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

THE PURPOSE OF THE CORPORATION IS CONNECTING PEOPLE WHO CARE WITH CAUSES THAT MATTER TO DEVELOP AND IMPLEMENT PLANS TO ENRICH THE QUALITY OF LIFE OF PEOPLE LIVING AND WORKING IN THE CITY OF MADISON.

Income
$916,558
Spending
$141,640
Spent on programs
35%
Reserves
9.8 months of spending
Largest source of income
donations and private grants, 91%
Employees
3
Volunteers
73
Highest pay
$38,430, former exec director

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 78 out of 100. Higher than 41% of charities in its peer group (philanthropy, $250k to $1m).

  • Reserves

    28 of 35

    Spendable reserves would cover 9.8 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 85% of income.

  • Income trend

    15 of 15

    Income rose 170% on the year before.

  • Spending floor

    0 of 15

    35% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 83 out of 100. Higher than 63% of charities in its peer group (philanthropy, $250k to $1m).

  • Independent board

    25 of 25

    12 of 12 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $2,594 spent. MADISON COMMUNITY CENTER CAMPAIGN - A PROJECT TO COLLECT DONATIONS FROM THE LOCAL COMMUNITY TO HELP FUND THE TRANSFORMATION OF THE BUILDING FORMERLY KNOWN AS THREE SPRINGS INTO THE MADISON COMMUNITY CENTER, A 34,000 SQUARE FOOT CENTER FOR INTERGENERATIONAL LEARNING THAT WILL ALSO FEATURE OUTDOOR RECREATIONAL SPACES. MVP ANTICIPATES THAT THIS CAMPAIGN WILL WRAPUP IN THE SPRING OF 2025 AND DONOR RESTRICTED FUNDS FOR THIS PROJECT WILL BE TRANSFERRED TO THE CITY OF MADISON. TOTAL RESTRICTED NET ASSETS OF THIS PROGRAM IS 865,458.25 AT THE END OF 2024.
  2. $29,541 spent. MURAL TRAIL - IN 2024, MVP LAUNCHED THE MADISON MURAL TRAIL WITH A COMMITTMENT TO BRING THREE MURALS TO MADISON CITY. TWO MURALS WERE COMPLETED IN MAY 2024 AND PLANS FOR A THIRD ARE UNDERWAY. THE MADISON MURAL TRAIL IS TRULY A GRASSROOTS EFFORT THAT BEGAN WITH A GROUP OF COMMUNITY MEMBERS WHO WANTED TO SEE MORE PUBLIC ART IN THE CITY. MADISON VISIONARY PARTNERS WAS HAPPY TO LEAD THIS PROJECT AND OVER THE COURSE OF A YEAR, WE HAVE WORKED CLOSELY WITH CITY LEADERS TO BRING THIS IDEA TO REALITY. THROUGH GRANTS AND CORPORATE DONORS, MVP HAS SUCCESSFULLY FUNDED TWO MURAL PROJECTS IN 2024. TOTAL RESTRICTED NET ASSETS OF THIS PROGRAM IS 608.45 AT THE END OF 2024.
  3. $1,444 spent. MIRACLE LEAGUE FIELD - THIS COMMUNITY-LED, GRASSROOTS FUNDRAISING EFFORT SEEKS TO BRING A MIRACLE LEAGUE FIELD TO PALMER PARK. THIS IS A FISCALLY-SPONSORED PROJECT FOR MADISON VISIONARY PARTNERS. ON JANUARY 26, 2023, THEY SIGNED AN AGREEMENT WITH MADISON VISIONARY PARTNERS TO BECOME THE FISCAL SPONSOR OF THIS TRANSFORMATIVE PROJECT WITHIN THE CITY OF MADISON THAT WILL REMOVE BARRIERS KEEPING CHILDREN WITH MENTAL AND PHYSICAL DISABILITIES OFF THE BASEBALL FIELD.THE EVENTUAL PROJECT BUILD-OUT ONCE FUNDING HAS BEEN SECURED WILL BE LED BY THE MADISON, ALABAMA PARKS AND RECREATION DEPARTMENT. THE FIELD AND PARK COMPLEX WILL BE LOCATED WITHIN PALMER PARK. TOTAL RESTRICTED NET ASSETS OF THIS PROGRAM IS 52,793 AT THE END OF 2024.
  4. $16,118 spent. COMMUNITY GRANTS; SPLASH PAD; ARTS ALLIANCE; SHOPPES

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since July 2014.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.