Kenneth L Maddy Institute is a 501(c)(3) organization based in Fresno, California, registered in 2004, with $559,636 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$560K
▲ 81.3% vs prior year
Education median: $200K
Expenses (FY2024)
$439K
Net assets
$1.4M
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 Kenneth L Maddy Institute— 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 Kenneth L Maddy Institute: 39 mo reserves · +22% 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 Kenneth L Maddy Institute— 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 Kenneth L Maddy Institute: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $247K (FY2013) to $560K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
21.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$87K
Net assets
$1.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $559,636▲81.3% | $438,869▲13.6% | $1,421,467▲10.6% | $1,508,852▲8.5% | 990 |
| 2023 | $308,643▲24.2% | $386,364▲67.1% | $1,284,820▼5.3% | $1,390,135▼1.9% | 990 |
| 2022 | $248,474▲9.6% | $231,286▲15.7% | $1,356,820▲1.5% | $1,417,421▲5.5% | 990 |
| 2021 | $226,615▼10.2% | $199,849▲10.5% | $1,336,730▼1.0% | $1,343,583▼2.3% | 990 |
| 2020 | $252,446▲19.2% | $180,829▼25.7% | $1,350,365▲9.0% | $1,375,705▲5.7% | 990 |
| 2019 | $211,719▼14.2% | $243,470▼7.2% | $1,239,292▼3.5% | $1,302,059▼3.2% | 990 |
| 2018 | $246,854▲4.3% | $262,290▲20.0% | $1,284,045▼2.7% | $1,344,743▼2.5% | 990 |
| 2017 | $236,731▲11.1% | $218,636▼3.5% | $1,319,582▼1.3% | $1,379,614▲1.6% | 990 |
| 2016 | $213,066▼9.7% | $226,548▼9.0% | $1,336,706▼1.6% | $1,358,497▼2.8% | 990 |
| 2015 | $235,963▲16.4% | $248,859▲14.2% | $1,358,719▼5.1% | $1,398,255▼2.7% | 990 |
| 2014 | $202,736▼18.1% | $217,885▲18.8% | $1,431,486▼4.3% | $1,437,549▼4.0% | 990 |
| 2013 | $247,425 | $183,407 | $1,495,063 | $1,497,098 | 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 Kenneth L Maddy Institute (EIN 20-0774454) 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.