MADDIES PROMISE INC

EIN: 843159035 501(c)(3) Medical Research

Hingham, MA

Total Revenue
$270,357
Total Expenses
$199,279
Total Assets
$320,845
Net Assets
$320,845
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1919
Legal Domicile
MA
Principal Officer
ANN MCCOY
Tax Period
2022-07-01 to 2023-06-30

MADDIES PROMISE INC, founded in 1919, is a small nonprofit in the Medical Research sector that reported $270K in total revenue in fiscal year 2022. Revenue surged 40% from the prior year, signaling strong growth momentum. The organization ran a surplus of $71K, a strong 26% operating margin.

Mission

FUNDING FOR RESEARCHIN RHABODOMMYOSCOMA AND OTHER RARE PEDIATRIC CANCERS

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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 (2022)

Revenue Breakdown

Contributions & Grants $257,115
Program Service Revenue $0
Investment Income $0
Other Revenue $13,242
TOTAL REVENUE $270,357

Expense Breakdown

Grants Paid $190,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $199,279
Other Expenses $9,279
TOTAL EXPENSES $199,279

Year-over-Year Comparison

2022 2021 Change
Revenue $270,357 $192,689 +0.4%
Expenses $199,279 $82,612 +1.4%
Net Income $71,078 $110,077 -0.4%
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

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
4
Independent Members
4
Employees
N/A
Volunteers
4

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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIMBERLY JOHNSON CLERK 5.00
Director
$0 $0 $0
STEPHEN MCCOY JR VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
ANN MCCOY PRESIDENT 30.00
Officer Director
$0 $0 $0
ROMINA MAGNER TREASURER 5.00
Officer 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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $270,357 $199,279 $320,845 $71,078
2022 $192,689 $82,612 $249,767 $110,077
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