Is Maynard Road Corporation Legit? —…

Red Flags

Significant operating deficit in the latest period ($796,255 revenue vs. $2,720,347 expenses in 2023).
Liabilities ($17,687,916) significantly exceed assets ($10,199,717) in the latest filing, indicating potential solvency issues.
Extreme volatility in revenue and expenses year-over-year, making financial planning and stability uncertain.
Massive increase in liabilities from $1,522,220 in 2022 to $17,687,916 in 2023 without clear explanation in the provided data.

Spending Breakdown

How Maynard Road Corporation allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Maynard Road Corporation

Is Maynard Road Corporation a legitimate charity?

Based on AI analysis of IRS 990 filings, Maynard Road Corporation (EIN: 205952774) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.

Is Maynard Road Corporation a good charity to donate to?

Maynard Road Corporation has a Mission Score of 45/100. Revenue: $796K. Assets: $10.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Maynard Road Corporation?

The Employer Identification Number (EIN) for Maynard Road Corporation is 205952774. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Maynard Road Corporation spend its money?

Maynard Road Corporation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Maynard Road Corporation's tax-exempt status?

You can verify Maynard Road Corporation's tax-exempt status using EIN 205952774 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Maynard Road Corporation exhibits highly volatile financial performance, making a consistent assessment challenging. In the latest period (202312), the organization reported revenue of $796,255 against expenses of $2,720,347, indicating a significant operating deficit. This contrasts sharply with the prior period (202212) where revenue was $4,755,791 and expenses were $1,037,756, showing a substantial surplus. The organization's liabilities have also seen extreme fluctuations, jumping from $1,522,220 in 202212 to $17,687,916 in 202312, far exceeding its assets of $10,199,717. This suggests potential solvency issues or significant changes in financial structure.

While the organization consistently reports 0% officer compensation, which is a positive for resource allocation, the dramatic swings in revenue, expenses, and especially liabilities raise concerns about financial stability and long-term sustainability. The lack of detailed program, administrative, and fundraising expense breakdowns in the provided data limits a precise efficiency analysis. However, the substantial increase in liabilities relative to assets in the latest filing is a critical area for further scrutiny regarding financial health and risk management.

Given the available data, the organization's financial transparency is limited by the absence of detailed expense categories. The extreme financial fluctuations year-over-year necessitate a deeper dive into the nature of its revenue sources, expense drivers, and the reasons behind the massive increase in liabilities to fully understand its operational model and financial health.

Is Maynard Road Corporation Legit?

Verdict: Maynard Road Corporation shows mixed signals