Edward J Madden Memorial Open is a 501(c)(3) organization based in Gt Barrington, Massachusetts, registered in 1962, with $353,089 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$353K
▲ 130.5% vs prior year
Expenses (FY2024)
$269K
Net assets
$1.3M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Edward J Madden Memorial Open— 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 Edward J Madden Memorial Open: 59 mo reserves · +24% margin earns a A 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 Edward J Madden Memorial Open— 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 Edward J Madden Memorial Open: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $221K (FY2013) to $353K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
23.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$140K
Net assets
$1.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $353,089▲131% | $268,581▲4.6% | $1,322,511▲6.8% | $1,462,361▲16.3% | 990PF |
| 2023 | $153,171▼9.9% | $256,839▼12.1% | $1,238,003▼7.7% | $1,257,816▼7.2% | 990PF |
| 2022 | $169,960▼78.6% | $292,073▲53.3% | $1,341,671▼8.3% | $1,355,160▼11.1% | 990PF |
| 2021 | $796,032▲256% | $190,464▲15.8% | $1,463,784▲964% | $1,524,646▲791% | 990PF |
| 2020 | $223,907▼5.9% | $164,431▼39.9% | $137,551▲76.2% | $171,182▲6.4% | 990PF |
| 2019 | $238,031▲2.5% | $273,690▲0.4% | $78,075▼31.4% | $160,866▼43.7% | 990PF |
| 2018 | $232,271▼5.4% | $272,468▼1.4% | $113,734▼26.1% | $285,623▲37.2% | 990PF |
| 2017 | $245,540▼13.8% | $276,325▲1.9% | $153,931▼16.7% | $208,229▼10.5% | 990PF |
| 2016 | $284,940▲20.6% | $271,211▲1.7% | $184,716▲8.0% | $232,669▲10.9% | 990PF |
| 2015 | $236,302▼7.6% | $266,689▲7.8% | $170,987▼15.1% | $209,788▲1.8% | 990PF |
| 2014 | $255,713▲15.7% | $247,332▲10.9% | $201,374▲4.3% | $206,010▲0.3% | 990PF |
| 2013 | $220,951 | $223,094▲7.2% | $192,993▼1.1% | $205,411▲0.8% | 990PF |
| 2012 | — | $208,060▲0.3% | $195,136▼21.2% | $203,853▼19.2% | 990PF |
| 2011 | — | $207,459▼6.5% | $247,716▲32.7% | $252,206▲29.7% | 990PF |
| 2010 | — | $221,847 | $186,712 | $194,416 | 990PF |
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 Edward J Madden Memorial Open (EIN 11-1962110) 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.