Max James Family Foundation
Max James Family Foundation operates with minimal revenue and assets, frequently incurring expenses exceeding income.
EIN: 203401563 · Las Vegas, NV · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4K |
| Total Expenses | $5K |
| Program Spending | 80% |
| Net Assets | $-4,957 |
| Transparency Score | 45/100 |
Is Max James Family Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Max James Family Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Max James Family Foundation
Max James Family Foundation (EIN: 203401563) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code T22. The organization reported total revenue of $4K and total assets of $148 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Max James Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Max James Family Foundation is a micro nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -12.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $5K |
| Surplus / Deficit | $-59 |
| Total Assets | $93 |
| Total Liabilities | $5K |
| Net Assets | $-4,957 |
| Operating Margin | -1.1% |
| Debt-to-Asset Ratio | 5430.1% |
| Months of Reserves | 0.2 months |
Financial Health Grade: D
In 2023, Max James Family Foundation reported a deficit of $59 with expenses exceeding revenue, holds 0.2 months of operating reserves (limited), has a debt-to-asset ratio of 5430.1% (high leverage).
Financial Trends
Over 10 years of filings (2011–2023), Max James Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -12.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +457.9% | +461.2% | -38.8% |
| 2022 | -11.6% | -10.2% | -2.6% |
| 2021 | +43.3% | +1.9% | +6.8% |
| 2020 | -68.5% | +46.0% | -66.8% |
| 2019 | +19.1% | -86.7% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Max James Family Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, Max James Family Foundation allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% 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 deficit of $59, with expenses exceeding revenue.
- Debt-to-asset ratio: 5430.1%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the foundation's leadership is unpaid, which is common for very small, family-run foundations and suggests a commitment to minimizing overhead.
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 Max James Family Foundation's IRS 990 filings:
- Frequent expenses exceeding revenue (e.g., 2023: $5,359 expenses vs. $5,300 revenue; 2020: $1,044 expenses vs. $750 revenue)
- Very low asset base relative to liabilities (e.g., 2023: $93 assets vs. $5,050 liabilities)
- Negative net assets reported in some periods (e.g., 2015: Assets = $-1,520)
- Significant fluctuations in revenue year-over-year, indicating unpredictable funding.
Strengths
The following positive indicators were identified for Max James Family Foundation:
- Consistent reporting of 0% officer compensation, indicating unpaid leadership.
- Maintains IRS 990 filing compliance, demonstrating basic transparency.
Frequently Asked Questions about Max James Family Foundation
Is Max James Family Foundation a legitimate charity?
Max James Family Foundation (EIN: 203401563) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 45/100. It has 10 years of IRS 990 filings on record. Total revenue: $4K. 4 red flags identified. 2 strengths noted. Financial health grade: D.
How does Max James Family Foundation spend its money?
Max James Family Foundation directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Max James Family Foundation tax-deductible?
Max James Family Foundation is registered as a tax-exempt nonprofit (EIN: 203401563). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Max James Family Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Max James Family Foundation is near average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Max James Family Foundation located?
Max James Family Foundation is headquartered in Las Vegas, Nevada and files with the IRS under EIN 203401563. It is classified under NTEE code T22.
How many years of IRS 990 filings does Max James Family Foundation have?
Max James Family Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4K in total revenue.
Is Max James Family Foundation a good charity?
Given its extremely small scale, fluctuating finances, and frequent reporting of expenses exceeding revenue, it's difficult to assess its impact as a 'good charity' in a traditional sense. It functions more as a very small private family foundation with limited public activity.
What is the primary purpose of this foundation?
Based on the NTEE code T22 (Private Grantmaking Foundations), its primary purpose is likely to make grants, though the scale of these grants would be very small given its financial resources.
Why are liabilities consistently high relative to assets?
The consistent reporting of liabilities, such as $5,050 in 2023 against $93 in assets, suggests potential outstanding obligations or loans that significantly outweigh the foundation's available resources, indicating financial strain.
Filing History
IRS 990 filing history for Max James Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Max James Family Foundation's revenue has declined by 80.9%, moving from $28K to $5K. Total assets decreased by 76.6% over the same period, from $398 to $93. Total functional expenses fell by 91.2%, from $61K to $5K. In its most recent filing year (2023), Max James Family Foundation reported a deficit of $59, with expenses exceeding revenue. The organization holds $5K in liabilities against $93 in assets (debt-to-asset ratio: 5430.1%), resulting in net assets of $-4,957.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5K | $5K | $93 | $5K | — | — |
| 2022 | $950 | $955 | $152 | $5K | — | View 990 |
| 2021 | $1K | $1K | $156 | $5K | — | — |
| 2020 | $750 | $1K | $146 | $5K | — | View 990 |
| 2019 | $2K | $715 | $440 | $5K | — | — |
| 2015 | $2K | $5K | $-1,520 | $2K | — | View 990 |
| 2014 | $8K | $5K | $339 | $1 | — | View 990 |
| 2013 | $21K | $22K | $518 | $3K | — | View 990 |
| 2012 | $35K | $28K | $2K | $2K | — | View 990 |
| 2011 | $28K | $61K | $398 | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5K, expenses of $5K, and assets of $93 (revenue +457.9% year-over-year).
- 2022: Revenue of $950, expenses of $955, and assets of $152 (revenue -11.6% year-over-year).
- 2021: Revenue of $1K, expenses of $1K, and assets of $156 (revenue +43.3% year-over-year).
- 2020: Revenue of $750, expenses of $1K, and assets of $146 (revenue -68.5% year-over-year).
- 2019: Revenue of $2K, expenses of $715, and assets of $440 (revenue +19.1% year-over-year).
- 2015: Revenue of $2K, expenses of $5K, and assets of $-1,520 (revenue -75.0% year-over-year).
- 2014: Revenue of $8K, expenses of $5K, and assets of $339 (revenue -61.2% year-over-year).
- 2013: Revenue of $21K, expenses of $22K, and assets of $518 (revenue -40.6% year-over-year).
- 2012: Revenue of $35K, expenses of $28K, and assets of $2K (revenue +24.8% year-over-year).
- 2011: Revenue of $28K, expenses of $61K, and assets of $398.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Max James Family Foundation:
Data Sources and Methodology
This transparency report for Max James Family Foundation 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.