Maxwell M Corpening Jr Memorial Foundation
EIN: 237201488 · Marion, NC
| Metric | Value |
|---|---|
| Total Revenue | $670K |
| Total Expenses | $701K |
| Net Assets | $591K |
Search Intent Cockpit
Maxwell M Corpening Jr Memorial Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Maxwell M Corpening Jr Memorial Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Maxwell M Corpening Jr Memorial Foundation in one place.
Form 990 Filing Summary
9 filing years are available, with latest revenue of $767K and expenses of $701K.
Revenue and Expenses
Maxwell M Corpening Jr Memorial Foundation reported $767K in revenue and $701K in expenses, a surplus of $67K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
Mission score and red-flag review are shown when AI enrichment is available.
Is Maxwell M Corpening Jr Memorial Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
Functional expense detail is not available on the stored filing yet. Existing program percentage and future extracted expense fields will populate this panel.
Across stored filings, Maxwell M Corpening Jr Memorial Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, functional expense detail, IRS BMF classification, AI synthesis.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Insufficient Data | Good filing record; no red flags identified |
| Mission spend | Pending | Unknown |
| Financial durability | Grade A | 9 stored filing years |
| Peer context | Compare with Cccp Community Trust | North Carolina and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Cccp Community Trust →All North Carolina nonprofits
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Marion, NC nonprofitsFollow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
Childrens Hope Alliance
Statesville, NC · $23.5M revenue · Score 95/100
Compare side-by-sideDare County Education Foundation Inc
Kitty Hawk, NC · $601K revenue · Score 92/100
Compare side-by-sidePaws For Life Nc
Youngsville, NC · $424K revenue · Score 92/100
Compare side-by-sideRobert Haywood Morrison Foundation
Charlotte, NC · $3.5M revenue · Score 85/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
Research Workflow
Turn this Form 990 profile into a donor-ready report
Request a concise report for Maxwell M Corpening Jr Memorial Foundation with revenue, expenses, executive compensation, red flags, peer context, and IRS source links. You can also request CSV exports or watchlist updates for future filings.
Early access request only. Reports and exports are informational and based on public IRS records, not financial or legal advice.
About Maxwell M Corpening Jr Memorial Foundation
Maxwell M Corpening Jr Memorial Foundation (EIN: 237201488) is a nonprofit organization based in Marion, NC. The organization reported total revenue of $670K and total assets of $684K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maxwell M Corpening Jr Memorial Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maxwell M Corpening Jr Memorial Foundation is a small nonprofit that has been operating for 54 years, with 9 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $767K |
| Total Expenses | $701K |
| Surplus / Deficit | +$67K |
| Total Assets | $592K |
| Total Liabilities | $1K |
| Net Assets | $591K |
| Operating Margin | 8.7% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 10.1 months |
Financial Health Grade: A
In 2022, Maxwell M Corpening Jr Memorial Foundation reported a surplus of $67K with revenue exceeding expenses, holds 10.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2022), Maxwell M Corpening Jr Memorial Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +16.6% | +34.2% | +12.7% |
| 2021 | +7.0% | -10.8% | +35.0% |
| 2020 | +1.7% | -4.9% | +8.0% |
| 2019 | -3.2% | -8.1% | +156.6% |
| 2015 | +14.0% | +8.5% | -24.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1972 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Maxwell M Corpening Jr Memorial Foundation 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 Maxwell M Corpening Jr Memorial Foundation 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $67K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Maxwell M Corpening Jr Memorial Foundation
Is Maxwell M Corpening Jr Memorial Foundation a legitimate charity?
Maxwell M Corpening Jr Memorial Foundation (EIN: 237201488) is a registered tax-exempt nonprofit based in North Carolina. It has 9 years of IRS 990 filings on record. Total revenue: $670K. No red flags identified. Financial health grade: A.
How does Maxwell M Corpening Jr Memorial Foundation spend its money?
Maxwell M Corpening Jr Memorial Foundation reported $670K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Maxwell M Corpening Jr Memorial Foundation tax-deductible?
Maxwell M Corpening Jr Memorial Foundation is registered as a tax-exempt nonprofit (EIN: 237201488). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Maxwell M Corpening Jr Memorial Foundation located?
Maxwell M Corpening Jr Memorial Foundation is headquartered in Marion, North Carolina and files with the IRS under EIN 237201488.
How many years of IRS 990 filings does Maxwell M Corpening Jr Memorial Foundation have?
Maxwell M Corpening Jr Memorial Foundation has 9 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 $670K in total revenue.
Filing History
IRS 990 filing history for Maxwell M Corpening Jr Memorial Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2022), Maxwell M Corpening Jr Memorial Foundation's revenue has grown by 35.8%, moving from $565K to $767K. Total assets increased by 277.8% over the same period, from $157K to $592K. Total functional expenses rose by 25.8%, from $557K to $701K. In its most recent filing year (2022), Maxwell M Corpening Jr Memorial Foundation reported a surplus of $67K, with revenue exceeding expenses. The organization holds $1K in liabilities against $592K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $591K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $767K | $701K | $592K | $1K | — | View 990 |
| 2021 | $658K | $522K | $525K | $721 | — | View 990 |
| 2020 | $615K | $585K | $389K | $560 | — | View 990 |
| 2019 | $605K | $616K | $360K | $1K | — | View 990 |
| 2015 | $625K | $670K | $140K | $818 | — | View 990 |
| 2014 | $548K | $618K | $186K | $999 | — | View 990 |
| 2013 | $637K | $605K | $255K | $839 | — | View 990 |
| 2012 | $691K | $624K | $224K | $1K | — | View 990 |
| 2011 | $565K | $557K | $157K | $662 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $767K, expenses of $701K, and assets of $592K (revenue +16.6% year-over-year).
- 2021: Revenue of $658K, expenses of $522K, and assets of $525K (revenue +7.0% year-over-year).
- 2020: Revenue of $615K, expenses of $585K, and assets of $389K (revenue +1.7% year-over-year).
- 2019: Revenue of $605K, expenses of $616K, and assets of $360K (revenue -3.2% year-over-year).
- 2015: Revenue of $625K, expenses of $670K, and assets of $140K (revenue +14.0% year-over-year).
- 2014: Revenue of $548K, expenses of $618K, and assets of $186K (revenue -14.0% year-over-year).
- 2013: Revenue of $637K, expenses of $605K, and assets of $255K (revenue -7.7% year-over-year).
- 2012: Revenue of $691K, expenses of $624K, and assets of $224K (revenue +22.2% year-over-year).
- 2011: Revenue of $565K, expenses of $557K, and assets of $157K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maxwell M Corpening Jr Memorial Foundation:
Data Sources and Methodology
This transparency report for Maxwell M Corpening Jr Memorial 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.