Max York Educational Foundation

EIN 22-2859796 Supporting organization Groveton, NH
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Revenue & expenses by yearFY2020–FY2024
Revenue
$68K
FY2024▼ -15%
Expenses
$97K
FY2024▼ -15%

Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).


Promotes educational programs and events. For fiscal year 2024 it reported $68K in revenue, $97K in expenses, and $1.7M in net assets.Pt I

Founded
1987
Type
Supporting organization · Nonprofit
Location
Groveton, NH
Filings
5 on file (2020–2024)
Revenue
$68KFY2024
Expenses
$97K
Net assets
$1.7M
People
6
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Provided by the organization

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Size
<$100K
What they do
Promotes educational programs and events.
Leadership
Megan Adjutant · Trustee
Money in and out
$68K revenue, $97K expenses
Bottom line
-43% net inflow

What Funders Ask

From IRS filings

Tax-deductible?

good Yes

Per the IRS master file. Details →

Can I give now?

good No revocation on IRS record

Not on the IRS revocation list. Details →

Filing up to date?

good Filed FY2024 (typical filing lag)

Details →

Spent on programs?

good 77% to programs

Form 990 Part IX, latest filing. Details →

Size and trend

<$100K

↓ -15% vs prior year Details →

Not in filings yet: foundation funders

Money in and out · FY2024
Total revenue
$68K
Pt VIII · Ln 12
Total expenses
$97K
Pt IX · Ln 25
Net assets
$1.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$29K
Where spending went · Part IX cols B–D
Program services $0.77 Management & general $0.23
Net inflow
-43%
revenue over expenses, this year▼ -2% vs prior filing year
Pass-through gifts
0%
of revenue from contributions
Program spending
77%
of expenses reach stated programs▼ -8% vs prior filing year

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Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$1.7M
FY2024▲ +2%
Total liabilities
$39K
FY2024▼ -6%
Revenue less expensesPt I · Ln 19−$29K
Total assetsPt X · Ln 16$1.7M
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CMax York Educational Foundation
EINHdr · item D22-2859796
Principal addressHdr · item CGroveton, NH
WebsiteHdr · item Jnone reported
Year of formationHdr · item L1987
State of legal domicileHdr · item MNH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFMay 1988

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Max York Educational Foundation executive salaries →

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Mission & Programs · Part III

Where the work happens

2 program services account for $74K of program spending, described in the organization's own filed words · FY2024.
01

Various art and other educational projects to further public education in the northumberland school district.

$38Kprogram expense
02

Scholarships are awarded to qualified students of the northumberland school district.

$36Kprogram expense

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Statement of Revenue

Part VIII
Investment income100%$68K
Total revenueLn 12$68K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77 Management & general $0.23
Program services77%$74K
Management & general23%$23K
Total functional expensesLn 25$97K

Balance Sheet

Part X · end of year
CashLn 1$61K
Total assetsLn 16$1.7M
Total liabilitiesLn 26$39K
Total net assetsLn 32$1.7M
Months of cash on handcomputed7.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.7M · Operating expenses/yr $97K
214.1 months
Where the money goes
Program services
Program services $74K · Total expenses $97K
77%
Management & General
Management & general $23K · Total expenses $97K
23%
Fundraising
Fundraising $0 · Total expenses $97K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $68K
0%
Government reliance
Government grants — · Total revenue $68K
—
Earned-income share
Program service revenue $0 · Total revenue $68K
0%
Investment reliance
Investment income $68K · Total revenue $68K
+100%
Program self-sufficiency
Program service revenue $0 · Total expenses $97K
0%
Growth & trend
Revenue growth (YoY)
This year $68K · Prior year $80K
-15%
Revenue CAGR
FY2019 $275K · FY2024 $68K
-24%
Net-asset trend (YoY)
End of year $1.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $68K · Expenses $97K
-43%
Liabilities-to-Assets
Total liabilities — · Total assets $1.7M
—
Net-asset ratio
Net assets $1.7M · Total assets $1.7M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.7M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.7M
96%
People & payroll
Highest Reported Total Compensation
Individual Megan Adjutant · Reported title TRUSTEE · Highest reported compensation $0 · Total expenses $97K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $97K
—
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 77%——
Overhead ratio 23%——
Revenue growth -15%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 12 grants · $546K · 2019–2024
Unitemized GrantFY2024$38,298
Unitemized GrantFY2024$36,000
Unitemized GrantFY2023$69,344
Unitemized GrantFY2023$25,000
Unitemized GrantFY2022$47,259
Unitemized GrantFY2022$25,000
Unitemized GrantFY2021$106,272
Unitemized GrantFY2021$44,500
Unitemized GrantFY2020$64,535
Unitemized GrantFY2020$24,500
Unitemized GrantFY2019$42,587
Unitemized GrantFY2019$22,700

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$80K revenue · ⤓ 990 PDF
FY2023$23K revenue · ⤓ 990 PDF
FY2022$293K revenue · ⤓ 990 PDF
FY2021$131K revenue · ⤓ 990 PDF
FY2020$275K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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