Maximumgood INC EIN 83-0374559 Form 990 (PDF) Claim this org

Maximumgood INC FY2023 filing

Not yet claimed Claim this org →

Publishes websites, encourages philanthropy, and provides tools to support and engage with nonprofits. For fiscal year 2023 it reported $-848K in revenue, $28K in expenses, and $2.5M in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Watertown, MA
Website
maximumgood.org
Filings
5 on file (2020–2023)
Revenue
$-848KFY2023
Expenses
$28K
Net assets
$2.5M
People
5
Filings
5
Updates
0
More identity details & actions ⌄
EIN  83-0374559 Public charity (501(c)(3)) Watertown, MA
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Maximumgood INC claims this page.

Know this organization? Claim it to add your story

Size
<$100K
What they do
Publishes websites, encourages philanthropy, and provides tools to support and engage with nonprofits.
Leadership
Ruthann Smith · Board Member
Money in and out
$-848K revenue, $28K expenses
Bottom line
89% program efficiency
Where the money goes · FY2023
Total revenue
$-848K
Pt VIII · Ln 12
Total expenses
$28K
Pt IX · Ln 25
Net assets
$2.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$876K
Where spending went · Part IX cols B–D
Program services $0.89 Management & general $0.10 Fundraising $0.01
Program efficiency
89%
of spending reaches programs
Operating runway
1011.1mo
months of highly liquid reserves at operating expense rate

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$-848K
FY2023▼ -646%
Expenses
$28K
FY2023▼ -68%
Total assets
$2.5M
FY2023▼ -30%
Total liabilities
$845
FY2023▼ -59%
Total revenue
$-848K
Pt VIII · Ln 12
Total expenses
$28K
Pt IX · Ln 25
Net assets
$2.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$876K
Total assetsPt X · Ln 16$2.5M
Program-expense ratioPt IX · col B89%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMaximumgood INC
EINHdr · item D83-0374559
Principal addressHdr · item CWatertown, MA
WebsiteHdr · item Jmaximumgood.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A30)
Ruling yearIRS BMFJun 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member and Executive Director (any Pay Is Related to Work as Executive Director)
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Maximumgood INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

1 program service account for $25K of program spending, described in the organization's own filed words · FY2022.
01

Published over 850 editions of information on subjects of interest and use to individuals and to the public, including philanthropy, nonprofits, human rights, world affairs, the environment, global poverty, science, health, technology and education. Most editions included text, audio clips, photos and videos.

$25Kprogram expense

Run this program? Claim this org to tell your story

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.89 Management & general $0.10 Fundraising $0.01
Program services89%$25K
Management & general10%$3K
Fundraising1%$292
Total functional expensesLn 25$28K

Balance Sheet

Part X · end of year
CashLn 1$22K
Total assetsLn 16$2.5M
Total liabilitiesLn 26$845
Total net assetsLn 32$2.5M
Months of cash on handcomputed9.3

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.4M · Operating expenses/yr $28K
1011.1 months
Where the money goes
Program services
Program services $25K · Total expenses $28K
89%
Management & General
Management & general $3K · Total expenses $28K
10%
Fundraising
Fundraising $292 · Total expenses $28K
1%
Cost to raise $1
Fundraising expense (3-yr avg) $497 · Solicited contributions (3-yr avg) $122K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $125K · Total revenue $-848K
Government reliance
Government grants $0 · Total revenue $-848K
Earned-income share
Program service revenue $0 · Total revenue $-848K
Investment reliance
Investment income $-972K · Total revenue $-848K
Program self-sufficiency
Program service revenue $0 · Total expenses $28K
0%
Growth & trend
Revenue growth (YoY)
This year $-848K · Prior year $-114K
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $2.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $-848K · Expenses $28K
Liabilities-to-Assets
Total liabilities — · Total assets $2.5M
Net-asset ratio
Net assets $2.5M · Total assets $2.5M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2.3M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.5M
95%
People & payroll
Highest Reported Total Compensation
Individual Ruthann Smith · Reported title Board Member · Highest reported compensation $0 · Total expenses $28K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $28K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 89%
Overhead ratio 10%
Fundraising cost ratio 0.2%
Revenue growth -646%
Investment management fee ratio 0.02%
Legal fee ratio 0%
Accounting fee ratio 2%

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 · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$10K

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

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 (Latest)$-34K revenue · ⤓ 990 PDF
FY2023$-848K revenue · viewing · ⤓ 990 PDF
FY2022$-114K revenue · ⤓ 990 PDF
FY2021$1.1M revenue · ⤓ 990 PDF
FY2020$2.5M revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.