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The AJ Madison NOligarchy Profile

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NOligarchy Score
94.1
/ 100
ajmadison.com
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AJ Madison earns a NOligarchy Score of 94.08 out of 100 for the period running from Q3 2024 through Q2 2026 (8 quarters — the two-year tracking period).
Current Pillar Scores
Political Access
97.6
Wealth Extraction
74.7
Playing by the Rules
100.0
Score history — 23 quarters
TRUSTEDMODERATECONCERNINGAVOIDNov '20 electionNov '22 electionNov '24 election95.094.1+0.4 · 1yrQ4 '20Q4 '21Q4 '22Q4 '23Q4 '24Q2 '26 · now
Tier bands show where each quarter's score falls — no numeric y-axis needed. The dashed ring marks the year-over-year comparison point. Tap any quarter but the first to see its pillar breakdown.
Political Access Grade: 97.63/100. No federal lobbying filings and no Political Action Committee (PAC) contributions have been matched to AJ Madison. The score falls just below perfect because a single $250 individual executive contribution appeared in Federal Election Commission (FEC) data in Q2 2026.
Wealth Extraction Grade: 74.71/100. No buyback or dividend records have been matched to AJ Madison — this grade is shaped by a sector-wide industry benchmark estimate of the CEO-to-worker pay gap, not by any figure disclosed by the company itself.
Playing by the Rules Grade: 100/100. No fines, penalties, or subsidy awards have been matched to AJ Madison in the available public enforcement data.
The Sector Context: AJ Madison ranks 4 out of 12 in the Electronics and appliance retailers sector. The sector average score is 83.5, and AJ Madison’s 94.08 sits comfortably above that average — placing it among the stronger performers in its federal industry classification. AJ Madison is privately held, which means far fewer public records exist to evaluate in the first place.

The Bottom Line: A Private Company With Almost Nothing on the Public Record

AJ Madison generated an estimated $135 million in annual revenue, yet almost nothing flows through the public record to account for how that money moves — no lobbying spend, no PAC activity, no disclosed executive pay, no stock buybacks, no regulatory fines. The one piece of political spending that showed up across Q3 2024 through Q2 2026 was a single $250 individual contribution — a rounding error by any measure. The sole weight dragging down AJ Madison’s score is a benchmark estimate of the pay gap between its top executive and its workers, a figure derived from industry averages because private companies face no obligation to report it. What the public record cannot tell us is whether that near-blankness reflects genuine restraint or simply how little visibility the law requires of a privately held retailer.

A Negligible Washington Footprint

AJ Madison’s political presence in Washington during Q3 2024 through Q2 2026 amounted to almost nothing the public record can see. No filings appear under the company’s name in Senate Lobbying Disclosure Act (LDA) records, and no PAC was formed or funded. The company retained no outside lobbying firms and no former government officials joined its roster as influence operatives — the revolving door stayed shut.
The one exception is a $250 individual executive contribution recorded in FEC data in Q2 2026 — a sum that barely registers as political engagement. It is enough to pull the Political Access grade below a perfect 100, but it is not a pattern of influence-seeking. For a company with $135 million in annual sales operating in a sector where competitors channel significant resources into lobbying, AJ Madison’s Washington footprint is, by any measure, negligible.

An Undisclosed Pay Gap

AJ Madison is privately held and has no obligation to publish what its chief executive earns relative to the workers who staff its warehouses and customer service lines. The best available figure is 24:1, based on AFL-CIO Executive Paywatch industry benchmarks for comparable companies in this sector. That is a sector-wide estimate — not a number AJ Madison has reported or confirmed — so it describes the probable shape of the gap at companies like this one, not anything the company itself has put on the record.
No stock buyback or dividend records have been matched to AJ Madison, consistent with its status as a private firm with no Securities and Exchange Commission (SEC) reporting obligations. Because no buyback figures exist in the tracked sources, no per-worker raise calculation is possible. The wealth extraction grade of 74.71 is shaped entirely by that industry-benchmark pay estimate — not by any spending record found on AJ Madison’s own books.

A Clean Record on the Public Docket

No violations, fines, or settlements tied to AJ Madison appear in the available public enforcement data across Q3 2024 through Q2 2026. No public subsidy awards are on record either. Whether that reflects genuine regulatory compliance, the reduced scrutiny that private companies tend to attract, or records that have not yet been matched to this company is not something the current public record can answer — but what is visible shows a clean slate.

The Data Evidence

No Good Jobs First violation or subsidy records, SEC 10-K buyback filing, or SEC proxy pay filing exist for AJ Madison, consistent with its status as a privately held company with no federal securities reporting obligations.
Scores reflect disclosed federal spending only. Dark money (501(c)(4) donations) is not included. How we score →
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