Madden Mallory Foundation

Luverne, IA
Tax-exempt since May 1982
EIN: 42-1176039

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$128k (2024)

Expenses

$155k (2024)

Total Assets

$2.2M (2024)

Total Liabilities

$0 (2024)

Years with missing data

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$128,261

Expenses

$155,330

Net Income

-$27,069

Net Assets

$2,199,767

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$88,704	69.2%
Dividends	$29,120	22.7%
Sales of Assets	$10,437	8.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$127,386	82.0%
Compensation of Officers*	$5,300	3.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,199,767
Total Liabilities	$0
Net Assets	$2,199,767

Compensation

Key Employees and Officers	Compensation	Other
Lisa Hefty (Foundation Mgr.)	$4,200	$0
A David Bibler (Director)	$200	$0
David A Hanselman (Director)	$200	$0
Audrey H Weber (Director)	$200	$0
Leann Wempen (Director)	$200	$0
Sheryl Carroll (Director)	$200	$0
Dan Hilbert (Director)	$100	$0

+ View more people

990-PF

Filed on July 10, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$1,628,811

Expenses

$180,043

Net Income

$1,448,768

Net Assets

$2,220,058

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$29,611	1.8%
Dividends	$28,928	1.8%
Sales of Assets	$1,570,272	96.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$170,672	94.8%
Compensation of Officers*	$5,850	3.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,220,058
Total Liabilities	$0
Net Assets	$2,220,058

Compensation

Key Employees and Officers	Compensation	Other
Lisa Hefty (Foundation Mgr.)	$4,850	$0
A David Bibler (Director)	$200	$0
Dan Hilbert (Director)	$200	$0
David A Hanselman (Director)	$200	$0
Audrey H Weber (Director)	$200	$0
Sheryl Carroll (Director)	$200	$0
Dale Richardson (Director)	$0	$0

+ View more people

990-PF

Filed on July 17, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$49,747

Expenses

$133,081

Net Income

-$83,334

Net Assets

$776,653

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$5,359	10.8%
Dividends	$30,009	60.3%
Sales of Assets	-$16,017
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$126,298	94.9%
Compensation of Officers*	$5,600	4.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$776,653
Total Liabilities	$0
Net Assets	$776,653

Compensation

Key Employees and Officers	Compensation	Other
Lisa Hefty (Foundation Mgr.)	$4,700	$0
Dan Hilbert (Director)	$200	$0
David A Hanselman (Director)	$200	$0
Audrey H Weber (Director)	$200	$0
Sheryl Carroll (Director)	$200	$0
A David Bibler (Director)	$100	$0
Dale Richardson (Director)	$0	$0

+ View more people

990-PF

Filed on July 14, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$64,110

Expenses

$82,253

Net Income

-$18,143

Net Assets

$848,062

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$5,714	8.9%
Dividends	$30,932	48.2%
Sales of Assets	$1,656	2.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$74,940	91.1%
Compensation of Officers*	$5,175	6.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$848,062
Total Liabilities	$0
Net Assets	$848,062

Compensation

Key Employees and Officers	Compensation	Other
Lisa Hefty (Foundation Mgr.)	$2,775	$0
Kay Hefty (Foundation Mgr.)	$1,750	$0
A David Bibler (Director)	$150	$0
David A Hanselman (Director)	$150	$0
Audrey H Weber (Director)	$150	$0
Sheryl Carroll (Director)	$150	$0
Dan Hilbert (Director)	$50	$0
Dale Richardson (Director)	$0	$0

+ View more people

990-PF

Filed on Nov. 14, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

$75,677

Expenses

$114,313

Net Income

-$38,636

Net Assets

$878,377

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$8,004	10.6%
Dividends	$29,732	39.3%
Sales of Assets	$12,130	16.0%
Other Income	$3	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$108,311	94.7%
Compensation of Officers*	$4,800	4.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$878,378
Total Liabilities	$1
Net Assets	$878,377

Compensation

Key Employees and Officers	Compensation	Other
Kay Hefty (Foundation Mgr.)	$4,650	$0
A David Bibler (Director)	$50	$0
Dale Richardson (Director)	$50	$0
Sheryl Carroll (Director)	$50	$0
Dan Hilbert (Director)	$0	$0
David A Hanselman (Director)	$0	$0
Audrey H Weber (Director)	$0	$0

+ View more people

990-PF

Filed on July 19, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$104,790

Expenses

$120,732

Net Income

-$15,942

Net Assets

$888,736

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$4,169	4.0%
Dividends	$30,449	29.1%
Sales of Assets	$44,413	42.4%
Other Income	-$49

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$113,584	94.1%
Compensation of Officers*	$4,850	4.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$913,736
Total Liabilities	$25,000
Net Assets	$888,736

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2018

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

Revenue

$113,674

Expenses

$95,016

Net Income

$18,658

Net Assets

$936,888

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,712	1.5%
Dividends	$33,832	29.8%
Sales of Assets	$50,649	44.6%
Other Income	$1,673	1.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$88,256	92.9%
Compensation of Officers*	$4,600	4.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$936,888
Total Liabilities	$0
Net Assets	$936,888

Compensation

Key Employees and Officers	Compensation	Other
Kay Hefty (Foundation Mgr.)	$4,200	$0
A David Bibler (Director)	$100	$0
Dan Hilbert (Director)	$100	$0
Sheryl Carroll (Director)	$100	$0
Audrey H Weber (Director)	$50	$0
Dale Richardson (Director)	$50	$0
David A Hanselman (Director)	$0	$0

+ View more people

990-PF

Filed on July 16, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Revenue

$84,133

Expenses

$65,710

Net Income

$18,423

Net Assets

$905,195

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$3,770	4.5%
Dividends	$30,003	35.7%
Sales of Assets	$23,320	27.7%
Other Income	-$1,348

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$58,336	88.8%
Compensation of Officers*	$4,400	6.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$905,195
Total Liabilities	$0
Net Assets	$905,195

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$79,889

Expenses

$78,463

Net Income

$1,426

Net Assets

$888,927

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$4,134	5.2%
Dividends	$25,777	32.3%
Sales of Assets	$19,990	25.0%
Other Income	-$2,711

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$70,966	90.4%
Compensation of Officers*	$4,850	6.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$888,927
Total Liabilities	$0
Net Assets	$888,927

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$94,592

Expenses

$84,146

Net Income

$10,446

Net Assets

$885,237

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$6,099	6.4%
Dividends	$20,781	22.0%
Sales of Assets	$37,777	39.9%
Other Income	-$2,755

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$77,211	91.8%
Compensation of Officers*	$4,000	4.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$885,237
Total Liabilities	$0
Net Assets	$885,237

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$49,839

Expenses

$73,226

Net Income

-$23,387

Net Assets

$889,109

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$6,178	12.4%
Dividends	$18,231	36.6%
Sales of Assets	$258	0.5%
Other Income	-$62

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$67,967	92.8%
Compensation of Officers*	$3,950	5.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$889,109
Total Liabilities	$0
Net Assets	$889,109

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$41,349

Expenses

$77,006

Net Income

-$35,657

Net Assets

$903,193

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$6,126	14.8%
Dividends	$15,771	38.1%
Sales of Assets	$349	0.8%
Other Income	-$396

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$71,823	93.3%
Compensation of Officers*	$3,680	4.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$903,193
Total Liabilities	$0
Net Assets	$903,193

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated January 26, 2026

Madden Mallory Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $128k (2024)

Expenses $155k (2024)

Total Assets $2.2M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2018

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2011

Extracted Financial Data

Revenue

$128k (2024)

Expenses

$155k (2024)

Total Assets

$2.2M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001