Maxmath Tutoring Online Inc Dc Branch
EIN: 821237336 · Washington, DC · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $88K |
| Total Expenses | $67K |
| Net Assets | $7K |
Is Maxmath Tutoring Online Inc Dc Branch Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Maxmath Tutoring Online Inc Dc Branch
Maxmath Tutoring Online Inc Dc Branch (EIN: 821237336) is a nonprofit organization based in Washington, DC, classified under NTEE code B90. The organization reported total revenue of $88K and total assets of $88K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maxmath Tutoring Online Inc Dc Branch's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maxmath Tutoring Online Inc Dc Branch is a micro nonprofit that has been operating for 9 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -16.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $74K |
| Total Expenses | $67K |
| Surplus / Deficit | +$7K |
| Total Assets | $74K |
| Total Liabilities | $67K |
| Net Assets | $7K |
| Operating Margin | 9.0% |
| Debt-to-Asset Ratio | 91.0% |
| Months of Reserves | 13.2 months |
Financial Health Grade: A
In 2023, Maxmath Tutoring Online Inc Dc Branch reported a surplus of $7K with revenue exceeding expenses, holds 13.2 months of operating reserves (strong position), has a debt-to-asset ratio of 91.0% (high leverage).
Financial Trends
Over 2 years of filings (2022–2023), Maxmath Tutoring Online Inc Dc Branch's revenue has declined at a compound annual growth rate (CAGR) of -16.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.5% | -20.7% | -16.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Maxmath Tutoring Online Inc Dc Branch has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Maxmath Tutoring Online Inc Dc Branch with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 91.0%.
Frequently Asked Questions about Maxmath Tutoring Online Inc Dc Branch
Is Maxmath Tutoring Online Inc Dc Branch a legitimate charity?
Maxmath Tutoring Online Inc Dc Branch (EIN: 821237336) is a registered tax-exempt nonprofit based in Washington DC. It has 2 years of IRS 990 filings on record. Total revenue: $88K. No red flags identified. Financial health grade: A.
How does Maxmath Tutoring Online Inc Dc Branch spend its money?
Maxmath Tutoring Online Inc Dc Branch reported $88K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Maxmath Tutoring Online Inc Dc Branch tax-deductible?
Maxmath Tutoring Online Inc Dc Branch is registered as a tax-exempt nonprofit (EIN: 821237336). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Maxmath Tutoring Online Inc Dc Branch located?
Maxmath Tutoring Online Inc Dc Branch is headquartered in Washington, Washington DC and files with the IRS under EIN 821237336. It is classified under NTEE code B90.
How many years of IRS 990 filings does Maxmath Tutoring Online Inc Dc Branch have?
Maxmath Tutoring Online Inc Dc Branch has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $88K in total revenue.
Filing History
IRS 990 filing history for Maxmath Tutoring Online Inc Dc Branch showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Maxmath Tutoring Online Inc Dc Branch's revenue has declined by 16.5%, moving from $89K to $74K. Total assets decreased by 16.5% over the same period, from $89K to $74K. Total functional expenses fell by 20.7%, from $85K to $67K. In its most recent filing year (2023), Maxmath Tutoring Online Inc Dc Branch reported a surplus of $7K, with revenue exceeding expenses. The organization holds $67K in liabilities against $74K in assets (debt-to-asset ratio: 91.0%), resulting in net assets of $7K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $74K | $67K | $74K | $67K | — | — |
| 2022 | $89K | $85K | $89K | $85K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maxmath Tutoring Online Inc Dc Branch:
Data Sources and Methodology
This transparency report for Maxmath Tutoring Online Inc Dc Branch 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.