Fringe Benefit Plan For Service Contract Act Employees Of Maximus
Fringe Benefit Plan For Service Contract Act Employees Of Maximus consistently directs 100% of expenses to program services with no officer compensation.
EIN: 207150043 · Mclean, VA · NTEE: Y43 · Updated: 2026-03-28
Is Fringe Benefit Plan For Service Contract Act Employees Of Maximus Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fringe Benefit Plan For Service Contract Act Employees Of Maximus directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fringe Benefit Plan For Service Contract Act Employees Of Maximus
Fringe Benefit Plan For Service Contract Act Employees Of Maximus (EIN: 207150043) is a nonprofit organization based in Mclean, VA, classified under NTEE code Y43. The organization reported total revenue of $75.9M and total assets of $35.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fringe Benefit Plan For Service Contract Act Employees Of Maximus's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fringe Benefit Plan For Service Contract Act Employees Of Maximus is a major nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 41.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $82.5M |
| Total Expenses | $81.0M |
| Surplus / Deficit | +$1.5M |
| Total Assets | $44.8M |
| Total Liabilities | $1.4M |
| Net Assets | $43.5M |
| Operating Margin | 1.8% |
| Debt-to-Asset Ratio | 3.0% |
| Months of Reserves | 6.6 months |
Financial Health Grade: A
In 2023, Fringe Benefit Plan For Service Contract Act Employees Of Maximus reported a surplus of $1.5M with revenue exceeding expenses, holds 6.6 months of operating reserves (strong position), has a debt-to-asset ratio of 3.0% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Fringe Benefit Plan For Service Contract Act Employees Of Maximus's revenue has grown at a compound annual growth rate (CAGR) of 41.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.4% | -2.5% | -2.1% |
| 2022 | +13.3% | +20.5% | +37.6% |
| 2021 | -1.4% | -21.3% | +72.1% |
| 2020 | +33.9% | +37.1% | +11.4% |
| 2019 | -10.6% | — | -29.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fringe Benefit Plan For Service Contract Act Employees Of Maximus with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Fringe Benefit Plan For Service Contract Act Employees Of Maximus allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual and suggests a structure where administrative functions are either volunteer-based or absorbed by a parent entity, or that the plan itself does not have paid officers.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Fringe Benefit Plan For Service Contract Act Employees Of Maximus's IRS 990 filings:
- Lack of detailed breakdown for program expenses, though expected for a benefit plan
- Unusually low liabilities in some years (e.g., $0 in 2013 and 2014) which might warrant further context
Strengths
The following positive indicators were identified for Fringe Benefit Plan For Service Contract Act Employees Of Maximus:
- 100% of expenses consistently allocated to program services
- 0% officer compensation reported across all filings, indicating high efficiency and focus on beneficiaries
- Significant growth in assets from $19,337,104 in 2020 to $44,813,703 in 2023
- Consistent revenue generation, with recent years showing revenues exceeding expenses
- Clear mission as a fringe benefit plan, with financial data supporting direct benefit distribution
Frequently Asked Questions about Fringe Benefit Plan For Service Contract Act Employees Of Maximus
Is Fringe Benefit Plan For Service Contract Act Employees Of Maximus a legitimate charity?
Based on AI analysis of IRS 990 filings, Fringe Benefit Plan For Service Contract Act Employees Of Maximus (EIN: 207150043) some concerns. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
How does Fringe Benefit Plan For Service Contract Act Employees Of Maximus spend its money?
Fringe Benefit Plan For Service Contract Act Employees Of Maximus directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fringe Benefit Plan For Service Contract Act Employees Of Maximus tax-deductible?
Fringe Benefit Plan For Service Contract Act Employees Of Maximus is registered as a tax-exempt nonprofit (EIN: 207150043). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Fringe Benefit Plan For Service Contract Act Employees Of Maximus a good charity?
Based on the available IRS 990 data, the organization appears to be highly efficient, directing 100% of its expenses to program services and reporting 0% officer compensation. This indicates strong financial health and a clear focus on its mission as a fringe benefit plan.
How does this organization manage its administrative costs?
The filings consistently show 0% allocated to administrative and fundraising expenses, with 100% of expenses going to programs. This suggests that administrative costs are either negligible, covered by a parent organization (Maximus), or handled by volunteers, making it exceptionally efficient in its spending.
What is the trend in the organization's financial stability?
The organization shows strong financial stability, with assets growing from $19,337,104 in 2020 to $44,813,703 in 2023. Revenues have generally exceeded expenses in recent years, such as $82,495,435 in revenue against $80,993,858 in expenses in 2023, indicating a healthy financial position.
Filing History
IRS 990 filing history for Fringe Benefit Plan For Service Contract Act Employees Of Maximus showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Fringe Benefit Plan For Service Contract Act Employees Of Maximus's revenue has grown by 6499.5%, moving from $1.3M to $82.5M. Total assets increased by 46805.2% over the same period, from $96K to $44.8M. Total functional expenses rose by 6437.3%, from $1.2M to $81.0M. In its most recent filing year (2023), Fringe Benefit Plan For Service Contract Act Employees Of Maximus reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $1.4M in liabilities against $44.8M in assets (debt-to-asset ratio: 3.0%), resulting in net assets of $43.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $82.5M | $81.0M | $44.8M | $1.4M | — | — |
| 2022 | $95.2M | $83.0M | $45.8M | $999K | — | View 990 |
| 2021 | $84.0M | $68.9M | $33.3M | $2.5M | — | View 990 |
| 2020 | $85.3M | $87.5M | $19.3M | $18.2M | — | View 990 |
| 2019 | $63.7M | $63.9M | $17.4M | $13.9M | — | — |
| 2018 | $71.3M | $0 | $24.8M | $21.2M | — | View 990 |
| 2017 | $91.8M | $91.7M | $25.1M | $21.9M | — | — |
| 2016 | $82.5M | $91.2M | $29.5M | $26.4M | — | View 990 |
| 2014 | $8 | $885 | $77K | $0 | — | View 990 |
| 2013 | $8 | $2K | $78K | $0 | — | View 990 |
| 2012 | $400K | $416K | $79K | $0 | — | View 990 |
| 2011 | $1.3M | $1.2M | $96K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $82.5M, expenses of $81.0M, and assets of $44.8M (revenue -13.4% year-over-year).
- 2022: Revenue of $95.2M, expenses of $83.0M, and assets of $45.8M (revenue +13.3% year-over-year).
- 2021: Revenue of $84.0M, expenses of $68.9M, and assets of $33.3M (revenue -1.4% year-over-year).
- 2020: Revenue of $85.3M, expenses of $87.5M, and assets of $19.3M (revenue +33.9% year-over-year).
- 2019: Revenue of $63.7M, expenses of $63.9M, and assets of $17.4M (revenue -10.6% year-over-year).
- 2018: Revenue of $71.3M, expenses of $0, and assets of $24.8M (revenue -22.4% year-over-year).
- 2017: Revenue of $91.8M, expenses of $91.7M, and assets of $25.1M (revenue +11.3% year-over-year).
- 2016: Revenue of $82.5M, expenses of $91.2M, and assets of $29.5M (revenue +1031274125.0% year-over-year).
- 2014: Revenue of $8, expenses of $885, and assets of $77K (revenue +0.0% year-over-year).
- 2013: Revenue of $8, expenses of $2K, and assets of $78K (revenue -100.0% year-over-year).
- 2012: Revenue of $400K, expenses of $416K, and assets of $79K (revenue -68.0% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.2M, and assets of $96K.
Data Sources and Methodology
This transparency report for Fringe Benefit Plan For Service Contract Act Employees Of Maximus is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.