Civic Intelligence

Max York Educational Foundation

990 • Fiscal year 2021 • EIN 22-2859796

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 04, 2021

15 Preble StreetGroveton, NH 03582

(603) 636-1437

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

39th percentile

0.03x

Higher debt load relative to assets than 39% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

78th percentile

0.43x

Higher debt load relative to revenue than 78% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

58th percentile

17%

Higher net margin than 58% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

60th percentile

15%

Faster asset growth than 60% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

4th percentile

-52%

Faster revenue growth than 4% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,951,757

Up $249,742 (+15%) from 2020

Net Assets

Up

$1,895,151

Up $227,821 (+14%) from 2020

Liabilities

Up

$56,606

Up $21,921 (+63%) from 2020

Revenue

Down

$130,982

Down $143,571 (-52%) from 2020

Expenses

Up

$108,633

Up $23,160 (+27%) from 2020

Net Income

Down

$22,349

Down $166,731 (-88%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,352,593Liabilities 2010: $32,000Net Assets 2010: $1,320,5932010Assets 2011: $1,284,377Liabilities 2011: $17,000Net Assets 2011: $1,267,3772011Assets 2012: $1,350,173Liabilities 2012: $18,132Net Assets 2012: $1,332,0412012Assets 2013: $1,507,980Liabilities 2013: $35,892Net Assets 2013: $1,472,0882013Assets 2014: $1,563,256Liabilities 2014: $30,807Net Assets 2014: $1,532,4492014Assets 2015: $1,471,704Liabilities 2015: $31,198Net Assets 2015: $1,440,5062015Assets 2016: $1,545,857Liabilities 2016: $35,786Net Assets 2016: $1,510,0712016Assets 2017: $1,685,764Liabilities 2017: $30,950Net Assets 2017: $1,654,8142017Assets 2018: $1,631,343Liabilities 2018: $31,500Net Assets 2018: $1,599,8432018Assets 2019: $1,669,592Liabilities 2019: $28,470Net Assets 2019: $1,641,1222019Assets 2020: $1,702,015Liabilities 2020: $34,685Net Assets 2020: $1,667,3302020Assets 2021: $1,951,757Liabilities 2021: $56,606Net Assets 2021: $1,895,1512021Assets 2022: $1,663,193Liabilities 2022: $109,047Net Assets 2022: $1,554,1462022Assets 2023: $1,614,409Liabilities 2023: $25,000Net Assets 2023: $1,589,4092023Assets 2024: $1,697,678Liabilities 2024: $41,913Net Assets 2024: $1,655,7652024

Highlighted filing

2021

Assets$1,951,757
Liabilities$56,606
Net Assets$1,895,151

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KExpenses 2010: $63,8862010Expenses 2011: $76,8902011Expenses 2012: $61,4172012Revenue 2013: $77,923Expenses 2013: $56,330Net Income 2013: $21,5932013Revenue 2014: $63,222Expenses 2014: $58,749Net Income 2014: $4,4732014Revenue 2015: $51,118Expenses 2015: $84,966Net Income 2015: -$33,8482015Revenue 2016: $49,967Expenses 2016: $75,737Net Income 2016: -$25,7702016Revenue 2017: $84,462Expenses 2017: $73,121Net Income 2017: $11,3412017Revenue 2018: $83,630Expenses 2018: $47,189Net Income 2018: $36,4412018Revenue 2019: $89,557Expenses 2019: $102,641Net Income 2019: -$13,0842019Revenue 2020: $274,553Expenses 2020: $85,473Net Income 2020: $189,0802020Revenue 2021: $130,982Expenses 2021: $108,633Net Income 2021: $22,3492021Revenue 2022: $293,003Expenses 2022: $171,425Net Income 2022: $121,5782022Revenue 2023: $22,957Expenses 2023: $90,832Net Income 2023: -$67,8752023Revenue 2024: $80,035Expenses 2024: $113,581Net Income 2024: -$33,5462024

Highlighted filing

2021

Revenue$130,982
Expenses$108,633
Net Income$22,349
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 4, 2021
Return Version
2020v4.0
Gross Receipts
$454,540
Mission and Program Overview

Mission

Promotion of educational programs and events.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,597,593$1,912,098▲ $314,505
Cash and Non-Interest-Bearing Accounts$104,422$39,659▼ $64,763
Total Assets$1,702,015$1,951,757▲ $249,742
Liabilities
Other Liabilities$34,685$56,606▲ $21,921
Total Liabilities$34,685$56,606▲ $21,921
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,667,330$1,895,151▲ $227,821
Total Net Assets Fund Balance$1,667,330$1,895,151▲ $227,821
Total Liabilities and Net Assets / Fund Balance$1,702,015$1,951,757▲ $249,742
Compensation and Service Providers

Board Members and Trustees

NameTitle
Glenn CassadyAsst. Chair
Melinda KennettChair
Ronna CadaretteTrustee
Tina LundervilleTrustee
Nicole McmannSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$9
Program Service Revenue
$0
Investment Income
$130,973
Other Revenue
$0
All Other Contributions
$9
Change in Net Assets
$22,349
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$89,035
Other Expenses$19,598
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$89,035--$89,035
Fees for Service Investment Mgmnt Fees-$13,574-$13,574
Fees for Services Accounting-$4,250-$4,250
Insurance-$1,643-$1,643
Fees for Services Legal-$75-$75
Fees for Services Other-$56-$56
Total Functional Expenses$89,035$19,598$0$108,633
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Approved Projects Payable$56,606
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed by the chair of the board of trustees before filing.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Max York Educational Foundation
EIN
22-2859796
Phone
6036361437
Address
15 PREBLE STREET, GROVETON, NH 03582

Signing Officer

Name
Melinda Kennett
Title
Chair
Phone
6036361437
Signed
2021-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melinda Kennett
Formed
1987
Legal Domicile
Nh
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Cohos Advisors Pllc
Address
272 MAIN ST, LANCASTER, NH 03584-3340
Preparer
Kendra J Bell
Phone
6037884928
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Unrealized gain (loss) 205,472

Raw XML Appendix373 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNREALIZED GAIN (LOSS) 205,472
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0MELINDA KENNETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
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ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-04
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ReturnHeader/Filer/PhoneNum06036361437
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COHOS ADVISORS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0272 MAIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LANCASTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0035843340
ReturnHeader/PreparerPersonGrp/PhoneNum06037884928
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENDRA J BELL
ReturnHeader/ReturnTs02021-11-10T12:26:18-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MELINDA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KENNETT
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Summary only. Only limited summary data is available for this year.$1.70$0.04$1.66$0.08$0.11$0.03
2023Summary only. Only limited summary data is available for this year.$1.61$0.03$1.59$0.02$0.09$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.66$0.11$1.55$0.29$0.17$0.12
2021Detailed filing. Detailed filing data is available for this year.$1.95$0.06$1.90$0.13$0.11$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.70$0.03$1.67$0.27$0.09$0.19
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.67$0.03$1.64$0.09$0.10$0.01
2018Summary only. Only limited summary data is available for this year.$1.63$0.03$1.60$0.08$0.05$0.04
2017Summary only. Only limited summary data is available for this year.$1.69$0.03$1.65$0.08$0.07$0.01
2016Summary only. Only limited summary data is available for this year.$1.55$0.04$1.51$0.05$0.08$0.03
2015Summary only. Only limited summary data is available for this year.$1.47$0.03$1.44$0.05$0.08$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.56$0.03$1.53$0.06$0.06$0.00
2013Detailed filing. Detailed filing data is available for this year.$1.51$0.04$1.47$0.08$0.06$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.35$0.02$1.33$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$0.02$1.27$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.35$0.03$1.32$0.06
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • $1M-$5M nonprofits