Max Share Fund Inc
Max Share Fund Inc reports zero revenue and assets in its latest filing, following years of fluctuating financial activity.
EIN: 202350297 · Overland Park, KS · Updated: 2026-03-28
Is Max Share Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Max Share Fund Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Max Share Fund Inc
Max Share Fund Inc (EIN: 202350297) is a nonprofit organization based in Overland Park, KS. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Max Share Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Max Share Fund Inc with a Mission Score of 55 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Max Share Fund Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers received compensation from the organization. This suggests a volunteer-led structure or that compensation, if any, is below reporting thresholds, which is positive for minimizing overhead related to executive pay.
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 Share Fund Inc's IRS 990 filings:
- Zero revenue and assets reported in the latest filing, raising questions about current operations.
- Significant financial volatility with large swings between revenue and expenses across different years (e.g., $208,111 expenses vs. $84,476 revenue in 2011; $78,649 revenue vs. $23,229 expenses in 2015).
- Incurred substantial liabilities in years with high expenses relative to revenue (e.g., $75,278 in liabilities in 2011).
Strengths
The following positive indicators were identified for Max Share Fund Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating a volunteer-driven model or very low executive overhead.
- Maintained positive asset balances in most years, even during periods of deficit, suggesting some financial reserves were available.
Frequently Asked Questions about Max Share Fund Inc
Is Max Share Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Max Share Fund Inc (EIN: 202350297) some concerns. Mission Score: 55/100. 3 red flags identified, 2 strengths noted.
How does Max Share Fund Inc spend its money?
Max Share Fund Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Max Share Fund Inc tax-deductible?
Max Share Fund Inc is registered as a tax-exempt nonprofit (EIN: 202350297). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Max Share Fund Inc still operational given its latest filing?
The latest filing showing $0 revenue and $0 assets strongly suggests the organization may no longer be actively operating or is in the process of winding down. Further investigation beyond the 990 data would be needed to confirm its current status.
What caused the significant expense spikes in 2011 and 2013?
In 2011, expenses were $208,111 against $84,476 in revenue, and in 2013, expenses were $132,383 against $39,162 in revenue. Without detailed expense breakdowns from the 990 forms, it's impossible to pinpoint the exact causes of these significant spikes, but they led to substantial deficits in those years.
How did Max Share Fund Inc manage its liabilities in years with deficits?
In 2011, with expenses far exceeding revenue, the organization reported liabilities of $75,278. Similarly, in 2013, liabilities were $37,587. These liabilities likely covered the operational deficits incurred during those periods, indicating the organization borrowed or had outstanding payables to cover its costs.
Filing History
IRS 990 filing history for Max Share Fund Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Max Share Fund Inc's revenue has declined by 89.1%, moving from $84K to $9K. Total assets decreased by 34.1% over the same period, from $150K to $99K. Total functional expenses fell by 81.5%, from $208K to $38K. In its most recent filing year (2018), Max Share Fund Inc reported a deficit of $29K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2018 | $9K | $38K | $99K | $0 | — | View 990 |
| 2017 | $32K | $27K | $128K | $0 | — | View 990 |
| 2016 | $55K | $30K | $123K | $0 | — | View 990 |
| 2015 | $79K | $23K | $97K | $0 | — | View 990 |
| 2014 | $68K | $28K | $42K | $0 | — | View 990 |
| 2013 | $39K | $132K | $39K | $38K | — | View 990 |
| 2012 | $95K | $81K | $92K | $0 | — | View 990 |
| 2011 | $84K | $208K | $150K | $75K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $9K, expenses of $38K, and assets of $99K (revenue -71.6% year-over-year).
- 2017: Revenue of $32K, expenses of $27K, and assets of $128K (revenue -41.7% year-over-year).
- 2016: Revenue of $55K, expenses of $30K, and assets of $123K (revenue -29.4% year-over-year).
- 2015: Revenue of $79K, expenses of $23K, and assets of $97K (revenue +15.5% year-over-year).
- 2014: Revenue of $68K, expenses of $28K, and assets of $42K (revenue +73.9% year-over-year).
- 2013: Revenue of $39K, expenses of $132K, and assets of $39K (revenue -58.7% year-over-year).
- 2012: Revenue of $95K, expenses of $81K, and assets of $92K (revenue +12.2% year-over-year).
- 2011: Revenue of $84K, expenses of $208K, and assets of $150K.
Data Sources and Methodology
This transparency report for Max Share Fund Inc 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.