MAXAID

EIN: 352577906 501(c)(3) Diseases & Disorders

SEATTLE, WA

Total Revenue
$309,119,754
Total Expenses
$371,015,221
Total Assets
$73,562,738
Net Assets
$73,420,357
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
WA
Principal Officer
PATRICIA GARCIA-GONZALEZ
Phone
4257788660
Tax Period
2024-01-01 to 2024-12-31

MAXAID, founded in 2016, is a major nonprofit in the Diseases & Disorders sector that reported $309.1M in total revenue in fiscal year 2024. Expenses of $371.0M exceeded revenue, resulting in a 20% operating deficit.

Mission

THE PRIMARY PURPOSE OF MAXAID IS TO CARRY OUT TREATMENT ACCESS SOLUTIONS FOR ONCOLOGY AND OTHER CRITICAL ILLNESS PRODUCTS IN LOW AND MIDDLE INCOME COUNTRIES IN SUPPORT OF THE MAX FOUNDATION'S MISSION.

Program Service Accomplishments

Program 1
Expenses: $371,008,697

MAXAID HOSTS THE MAX FOUNDATION'S COLLABORATION WITH LEADING GLOBAL HEALTHCARE MANUFACTURERS, FOR HUMANITARIAN ACCESS TO CRITICAL MEDICINES UNDER THE UMBRELLA OF MAX ACCESS SOLUTIONS. WITHIN THIS...

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MAXAID HOSTS THE MAX FOUNDATION'S COLLABORATION WITH LEADING GLOBAL HEALTHCARE MANUFACTURERS, FOR HUMANITARIAN ACCESS TO CRITICAL MEDICINES UNDER THE UMBRELLA OF MAX ACCESS SOLUTIONS. WITHIN THIS PROGRAM, MEDICINES ARE PROCURED FROM DRUG MANUFACTURERS ANDCHANNELED TO INDIVIDUAL PATIENTS THROUGH THE MAX FOUNDATION'S NETWORK OF HEALTHCARE PROVIDERS AND TREATMENT CENTERS. THE COLLABORATIONS ENABLE THOUSANDS OF PATIENTS IN LOW- AND MIDDLE-INCOME COUNTRIES TO ACCESS MUCH NEEDED ONCOLOGY PRODUCTS THAT THEY WOULD NOT HAVE OTHERWISE BEEN ABLE TO ACCESS. ACCESS TO MEDICINES WAS ENABLED THROUGH THE MAX FOUNDATION'S PATIENT-CENTERED TREATMENT ACCESS MODEL CALLED MAX ACCESS SOLUTIONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $309,073,442
Program Service Revenue $0
Investment Income $46,312
Other Revenue $0
TOTAL REVENUE $309,119,754

Expense Breakdown

Grants Paid $363,316,002
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $371,008,697
Other Expenses $7,699,219
TOTAL EXPENSES $371,015,221

Year-over-Year Comparison

2024 2023 Change
Revenue $309,119,754 $311,110,506 0.0%
Expenses $371,015,221 $295,174,481 +0.3%
Net Income $-61,895,467 $15,936,025 -4.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
7
Employees
N/A
Volunteers
31

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$577,348
Total Directors
8
$349,289
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICIA GARCIA-GONZALEZ CHIEF EXECUTIVE OFFICER 5.00
Officer Director
$0 $26,903 $349,289
PAULA BOULTBEE BOARD CHAIR 2.00
Officer Director
$0 $0 $0
CURT MALLOY BOARD TREASURER 2.00
Officer Director
$0 $0 $0
JERALD JERRY RADICH MD BOARD MEMBER 2.00
Director
$0 $0 $0
SUSAN JERIAN BOARD MEMBER 2.00
Director
$0 $0 $0
MABEL WOLOJ BOARD SECRETARY 2.00
Officer Director
$0 $0 $0
EDGAR THOMAS BOARD MEMBER 2.00
Director
$0 $0 $0
MARIA PIA RUFFILLI BOARD MEMBER 2.00
Director
$0 $0 $0
JOHN MENAPACE CFO & VP, ADMINISTRATION 2.00
Officer
$0 $18,740 $228,059
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $309,119,754 $371,015,221 $73,562,738 $-61,895,467
2023 $311,110,506 $295,174,481 $136,816,838 $15,936,025
2022 $317,889,984 $374,245,160 $121,782,891 $-56,355,176
2021 $455,604,907 $470,828,729 $177,397,532 $-15,223,822
2020 $521,790,603 $439,372,145 $193,262,872 $82,418,458
2019 $185,050,573 $256,924,291 $110,472,066 $-71,873,718
2018 $295,408,696 $253,356,148 $182,220,385 $42,052,548
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