Col Patrick S Madigan Md Foundation is a 501(c)(3) organization based in Lakewood, Washington, registered in 1995, with $80,054 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$80K
▲ 206.8% vs prior year
Medical Research median: $217K
Expenses (FY2024)
$61K
Net assets
$950K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Col Patrick S Madigan Md Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Col Patrick S Madigan Md Foundation: 188 mo reserves · +24% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Col Patrick S Madigan Md Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Col Patrick S Madigan Md Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $134K (FY2013) to $80K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
24.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$950K
Total liabilities
$0
Net assets
$950K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $80,054▲207% | $60,593▲20.1% | $949,704▲0.2% | $949,704▲0.2% | 990 |
| 2023 | $26,096▼53.4% | $50,451▲7.9% | $948,046▼3.8% | $948,046▼3.8% | 990 |
| 2022 | $55,965▼0.5% | $46,753▲9.8% | $985,797▲0.3% | $985,797▲0.3% | 990 |
| 2021 | $56,267▲143% | $42,586▲1.5% | $982,464▲0.3% | $982,464▲0.3% | 990 |
| 2020 | $23,192▼85.8% | $41,975▼2.1% | $979,156▼2.6% | $979,156▼2.6% | 990 |
| 2019 | $163,035▲28.2% | $42,869▼1.7% | $1,005,724▲14.0% | $1,005,724▲14.0% | 990 |
| 2018 | $127,204▲20.2% | $43,595▼13.7% | $882,217▲6.6% | $882,217▲6.6% | 990 |
| 2017 | $105,790▲0.9% | $50,540▼43.4% | $827,907▲7.2% | $827,907▲7.2% | 990 |
| 2016 | $104,890▼21.6% | $89,216▼16.1% | $772,657▼0.9% | $772,657▼0.9% | 990 |
| 2013 | $133,705 | $106,277▲33.1% | $780,008▲3.6% | $780,008▲3.6% | 990 |
| 2012 | — | $79,862▲12.6% | $752,578▲61.3% | $752,578▲61.3% | 990 |
| 2010 | — | $70,942 | $466,448 | $466,448 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Col Patrick S Madigan Md Foundation (EIN 91-1665384) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.