MAXIMUMGOOD INC

EIN: 830374559 501(c)(3) Arts, Culture & Humanities

Watertown, MA

Total Revenue
$-34,492
Total Expenses
$28,804
Total Assets
$2,283,032
Net Assets
$2,281,556
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
MA
Principal Officer
Peter Dunn
Phone
6174597709
Tax Period
2023-06-01 to 2024-05-31

MAXIMUMGOOD INC, founded in 2004, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $34K in total revenue in fiscal year 2023.

Mission

Our mission is to convey high quality information to the public on topics useful to individuals and beneficial to society and the world (including topics such as nonprofits, philanthropy, human rights, global poverty, the environment, health, science, technology and education), to promote the sharing and discussing of ideas and information, and to increase voluntarism, philanthropy and donations to other nonprofits.

Program Service Accomplishments

Program 1
Expenses: $25,891 Revenue: $0

Published over 720 editions of information on subjects of interest and use to individuals and to the public, including philanthropy, nonprofits, human rights, world affairs, the environment, global...

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Published over 720 editions of information on subjects of interest and use to individuals and to the public, including philanthropy, nonprofits, human rights, world affairs, the environment, global poverty, science, health, technology and education. Most editions included text, audio clips, photos and videos. We ended the year with over 8,900 registered users, which represents only a fraction of the total users, as most users do not register. Registration and use of our sites is free. We also published most of our daily posts to four different feeds on Twitter, and had over 90,000 ongoing users signed up to follow our posts at Twitter. We also published other websites and worked on creating new websites to further accomplish our purposes of providing information to the public and promoting more volunteering and donating to nonprofits.

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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 (2023)

Revenue Breakdown

Contributions & Grants $83,475
Program Service Revenue $0
Investment Income $-117,967
Other Revenue $0
TOTAL REVENUE $-34,492

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $308
Program Expenses $25,891
Other Expenses $28,804
TOTAL EXPENSES $28,804

Year-over-Year Comparison

2023 2022 Change
Revenue $-34,492 $-847,634 -1.0%
Expenses $28,804 $27,974 +0.0%
Net Income $-63,296 $-875,608 -0.9%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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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
5
Independent Members
4
Employees
N/A
Volunteers
32

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
0
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ruthann Smith Board Member 0
Director
$0 $0 $0
Amy Luchans Board Member 0
Director
$0 $0 $0
Susan Barron Board Member 0
Director
$0 $0 $0
Peter H Dunn Board member and Executive Director (Any pay is related to work as Executive Director) 55
Director
$0 $0 $0
Michael Kolar Board Member 0
Director
$0 $0 $0
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 $-34,492 $28,804 $2,283,032 $-63,296
2023 $-847,634 $27,974 $2,457,704 $-875,608
2022 $-113,678 $87,206 $3,503,005 $-200,884
2021 $1,134,735 $117,976 $4,498,212 $1,016,759
2020 $2,453,754 $100,934 $3,196,921 $2,352,820
2018 $8,868 $101,026 $867,388 $-92,158
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